Lumen Technologies, Inc. (LUMN)

NYSE: LUMN · Real-Time Price · USD

3.940

-0.160 (-3.90%)

At close: Mar 28, 2025, 4:00 PM

3.910

-0.030 (-0.76%)

After-hours: Mar 28, 2025, 7:58 PM EDT

Lumen Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Revenue	13,108	14,557	17,478	19,687	20,712	Upgrade
Revenue Growth (YoY)	-9.95%	-16.71%	-11.22%	-4.95%	-3.48%	Upgrade
Cost of Revenue	6,703	7,144	7,868	8,488	8,934	Upgrade
Gross Profit	6,405	7,413	9,610	11,199	11,778	Upgrade
Selling, General & Admin	2,994	3,282	3,078	2,895	3,388	Upgrade
Operating Expenses	5,950	6,267	6,317	6,914	8,098	Upgrade
Operating Income	455	1,146	3,293	4,285	3,680	Upgrade
Interest Expense	-1,372	-1,158	-1,332	-1,522	-1,668	Upgrade
Interest & Investment Income	119	41	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-25	-10	-	-	-	Upgrade
Other Non Operating Income (Expenses)	197	111	32	-70	-139	Upgrade
EBT Excluding Unusual Items	-626	130	1,993	2,693	1,873	Upgrade
Merger & Restructuring Charges	-130	-74	-	-	-13	Upgrade
Impairment of Goodwill	-	-10,693	-3,271	-	-2,642	Upgrade
Gain (Loss) on Sale of Investments	195	-97	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-17	-121	73	-	-	Upgrade
Other Unusual Items	348	618	214	8	-	Upgrade
Pretax Income	-230	-10,237	-991	2,701	-782	Upgrade
Income Tax Expense	-175	61	557	668	450	Upgrade
Net Income	-55	-10,298	-1,548	2,033	-1,232	Upgrade
Net Income to Common	-55	-10,298	-1,548	2,033	-1,232	Upgrade
Shares Outstanding (Basic)	988	983	1,008	1,060	1,079	Upgrade
Shares Outstanding (Diluted)	988	983	1,008	1,067	1,079	Upgrade
Shares Change (YoY)	0.47%	-2.43%	-5.56%	-1.15%	0.72%	Upgrade
EPS (Basic)	-0.06	-10.48	-1.54	1.92	-1.14	Upgrade
EPS (Diluted)	-0.06	-10.48	-1.54	1.91	-1.14	Upgrade
Free Cash Flow	1,102	-940	1,719	3,601	2,795	Upgrade
Free Cash Flow Per Share	1.12	-0.96	1.71	3.38	2.59	Upgrade
Dividend Per Share	-	-	0.750	1.000	1.000	Upgrade
Dividend Growth	-	-	-25.00%	-	-	Upgrade
Gross Margin	48.86%	50.92%	54.98%	56.88%	56.87%	Upgrade
Operating Margin	3.47%	7.87%	18.84%	21.77%	17.77%	Upgrade
Profit Margin	-0.42%	-70.74%	-8.86%	10.33%	-5.95%	Upgrade
Free Cash Flow Margin	8.41%	-6.46%	9.84%	18.29%	13.49%	Upgrade
EBITDA	3,411	4,131	6,532	8,304	8,390	Upgrade
EBITDA Margin	26.02%	28.38%	37.37%	42.18%	40.51%	Upgrade
D&A For EBITDA	2,956	2,985	3,239	4,019	4,710	Upgrade
EBIT	455	1,146	3,293	4,285	3,680	Upgrade
EBIT Margin	3.47%	7.87%	18.84%	21.77%	17.77%	Upgrade
Effective Tax Rate	-	-	-	24.73%	-	Upgrade
Advertising Expenses	94	87	-	56	56	Upgrade

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q