Lumen Technologies, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $12.4B | $13.1B | $14.6B | $17.5B | $19.7B |
| Operating income | -$812.0M | $460.0M | -$9.6B | $95.0M | $4.3B |
| Cost of revenue | $6.6B | $6.7B | $7.1B | $7.9B | $8.5B |
| Cash from operations | $4.7B | $4.3B | $2.2B | $4.7B | $6.5B |
| Capital expenditure | $4.4B | $3.2B | $3.1B | $3.0B | $2.9B |
| Free cash flow | $371.0M | $1.1B | -$940.0M | $1.7B | $3.6B |
| Share repurchases | — | $0 | $0 | $200.0M | $1.0B |
| Impairments | $628.0M | $0 | $10.7B | $3.3B | $0 |
| Total assets | $34.3B | $33.5B | $34.0B | $45.6B | $58.0B |
| Total debt | $17.4B | $17.9B | $20.0B | $20.6B | $29.0B |
Shares outstanding 1.0B · Free float 82.3%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.