Lumen Technologies, Inc. (LUMN)
NASDAQ: LUMN · Real-Time Price · USD
3.990
+0.010 (0.25%)
At close: Nov 6, 2026, 4:00 PM EST
4.000
+0.010 (0.25%)
After-hours: Nov 6, 2026, 7:52 PM EST
Lumen Technologies Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -668 | -1,739 | -55 | -10,298 | -1,548 | 2,033 |
Depreciation & Amortization | 2,676 | 2,749 | 2,956 | 2,985 | 3,239 | 4,019 |
Loss (Gain) From Sale of Assets | -569 | - | 17 | 121 | -73 | - |
Asset Writedown & Restructuring Costs | 109 | 737 | 83 | 10,720 | 3,276 | - |
Loss (Gain) From Sale of Investments | - | - | -195 | 97 | 191 | -138 |
Stock-Based Compensation | 62 | 48 | 29 | 52 | 98 | 120 |
Provision & Write-off of Bad Debts | 56 | 70 | 72 | 100 | 133 | 105 |
Other Operating Activities | -417 | 35 | -636 | -610 | -1,444 | 590 |
Change in Accounts Receivable | -186 | -168 | 19 | 102 | -158 | -8 |
Change in Accounts Payable | 104 | 632 | -202 | -97 | 98 | -261 |
Change in Unearned Revenue | 2,037 | 2,673 | 1,763 | 230 | 6 | - |
Change in Income Taxes | 803 | 20 | -189 | -1,185 | 972 | -69 |
Change in Other Net Operating Assets | -633 | -319 | 671 | -57 | -55 | 110 |
Operating Cash Flow | 3,374 | 4,738 | 4,333 | 2,160 | 4,735 | 6,501 |
Operating Cash Flow Growth | -30.63% | 9.35% | 100.60% | -54.38% | -27.16% | -0.35% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -4,361 | -4,367 | -3,231 | -3,100 | -3,016 | -2,900 |
Sale of Property, Plant & Equipment | 27 | 47 | 366 | 165 | 120 | 135 |
Cash Acquisitions | -470 | - | - | - | - | - |
Divestitures | 4,977 | - | 15 | 1,746 | 8,369 | - |
Other Investing Activities | -6 | 15 | 20 | -12 | 3 | 53 |
Investing Cash Flow | 167 | -4,305 | -2,830 | -1,201 | 5,476 | -2,712 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 8,158 | 1,325 | 200 | - | 1,931 |
Long-Term Debt Repaid | - | -8,818 | -2,878 | -185 | -8,293 | -3,598 |
Net Debt Issued (Repaid) | -4,900 | -660 | -1,553 | 15 | -8,293 | -1,667 |
Repurchase of Common Stock | - | - | - | - | -200 | -1,000 |
Common Dividends Paid | -1 | -1 | -3 | -11 | -780 | -1,087 |
Other Financing Activities | -62 | -658 | -295 | -22 | -40 | -53 |
Financing Cash Flow | -4,963 | -1,319 | -1,851 | -18 | -9,313 | -3,807 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -1,422 | -886 | -348 | 941 | 898 | -18 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -987 | 371 | 1,102 | -940 | 1,719 | 3,601 |
Free Cash Flow Growth | - | -66.33% | - | - | -52.26% | 28.84% |
Free Cash Flow Margin | -8.61% | 2.99% | 8.41% | -6.46% | 9.84% | 18.29% |
Free Cash Flow Per Share | -0.99 | 0.37 | 1.12 | -0.96 | 1.71 | 3.38 |
Levered Free Cash Flow | 2,264 | -5,902 | -918.13 | 252.88 | 7,698 | -4,044 |
Unlevered Free Cash Flow | 2,823 | -5,099 | -60.63 | 976.63 | 8,530 | -3,093 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 840 | 1,219 | 1,245 | 1,138 | 1,365 | 1,487 |
Cash Income Tax Paid | 57 | 18 | -242 | 1,303 | 76 | 112 |
Change in Working Capital | 2,125 | 2,838 | 2,062 | -1,007 | 863 | -228 |