Lumen Technologies, Inc. (LUMN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.9B | 3.04B | 3.09B | 3.09B | 3.18B | 3.33B | 3.22B | 3.27B | 3.29B | 3.52B | 3.64B | 3.66B | 3.74B | 3.8B | 4.39B | 4.61B | 4.68B | 4.85B | 4.89B | 4.92B |
| Revenue Growth % | -8.89% | -8.65% | -4.16% | -5.39% | -3.28% | -5.35% | -11.54% | -10.73% | -11.98% | -7.45% | -17.06% | -20.62% | -20.06% | -21.6% | -10.17% | -6.34% | -7.02% | -5.42% | -5.42% | -5.16% |
| Cost of Goods Sold | 0 | 1.63B | 1.7B | 1.62B | 1.69B | 1.71B | 1.69B | 2.4B | 1.65B | 2.49B | 1.85B | 1.74B | 1.82B | 1.83B | 2.84B | 2.92B | 1.99B | 2.09B | 3.14B | 3.19B |
| COGS % of Revenue | - | 53.5% | 55.07% | 52.52% | 53.02% | 51.25% | 52.53% | 73.32% | 50.21% | 70.74% | 50.81% | 47.53% | 48.61% | 48.05% | 64.74% | 63.4% | 42.45% | 43.04% | 64.23% | 64.85% |
| Gross Profit | 0 | 1.41B | 1.39B | 1.47B | 1.5B | 1.62B | 1.53B | 872M | 1.64B | 1.03B | 1.79B | 1.92B | 1.92B | 1.97B | 1.55B | 1.69B | 2.69B | 2.76B | 1.75B | 1.73B |
| Gross Margin % | - | 46.5% | 44.93% | 47.48% | 46.98% | 48.75% | 47.47% | 26.68% | 49.79% | 29.26% | 49.19% | 52.47% | 51.39% | 51.95% | 35.26% | 36.6% | 57.55% | 56.96% | 35.77% | 35.15% |
| Gross Profit Growth % | -100% | -12.88% | -9.29% | 68.35% | -8.73% | 57.73% | -14.63% | -54.61% | -14.73% | -47.87% | 15.7% | 13.8% | -28.61% | -28.5% | -11.44% | -2.48% | 57.74% | -4.6% | 3.74% | -41.52% |
| Operating Expenses | 2.3B | 1.61B | 1.5B | 2.07B | 1.39B | 1.47B | 1.4B | 742M | 1.59B | 896M | 1.57B | 10.34B | 1.53B | 5.26B | 757M | 776M | 1.61B | 1.6B | 617M | 725M |
| OpEx % of Revenue | 79.23% | 53.07% | 48.69% | 66.98% | 43.62% | 44.13% | 43.56% | 22.71% | 48.42% | 25.48% | 43.07% | 282.49% | 40.96% | 138.37% | 17.24% | 16.83% | 34.39% | 33.01% | 12.63% | 14.72% |
| Selling, General & Admin | 794M | 940M | 829M | 755M | 675M | 711M | 696M | 742M | 823M | 896M | 830M | 829M | 760M | 652M | 757M | 776M | 800M | 1.03B | 617M | 725M |
| SG&A % of Revenue | 27.39% | 30.91% | 26.85% | 24.42% | 21.21% | 21.36% | 21.61% | 22.71% | 25.02% | 25.48% | 22.8% | 22.64% | 20.33% | 17.16% | 17.24% | 16.83% | 17.11% | 21.21% | 12.63% | 14.72% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 602M | -200M | -116M | -603M | 107M | 154M | 126M | 130M | 45M | 133M | 223M | -8.42B | 390M | -3.28B | 791M | 912M | 1.08B | 1.16B | 1.13B | 1.01B |
| Operating Margin % | 20.77% | -6.58% | -3.76% | -19.5% | 3.36% | 4.63% | 3.91% | 3.98% | 1.37% | 3.78% | 6.12% | -230.02% | 10.43% | -86.42% | 18.02% | 19.77% | 23.16% | 23.95% | 23.14% | 20.43% |
| Operating Income Growth % | 462.62% | -229.87% | -192.06% | -563.85% | 137.78% | 15.79% | -43.5% | 101.54% | -88.46% | 104.05% | -71.81% | -1023.36% | -63.99% | -382.86% | -30.06% | -9.34% | 9.73% | 164.18% | 27.36% | 11.41% |
| EBITDA | 1.27B | 474M | 558M | 85M | 820M | 912M | 833M | 873M | 793M | 884M | 978M | -7.67B | 1.12B | -2.49B | 1.68B | 1.83B | 1.98B | 2.04B | 2.17B | 2.14B |
| EBITDA Margin % | 43.67% | 15.59% | 18.08% | 2.75% | 25.77% | 27.4% | 25.86% | 26.71% | 24.1% | 25.14% | 26.86% | -209.64% | 30.04% | -65.47% | 38.34% | 39.61% | 42.39% | 42.05% | 44.4% | 43.4% |
| EBITDA Growth % | 54.39% | -48.03% | -33.01% | -90.26% | 3.4% | 3.17% | -14.83% | 111.37% | -29.39% | 135.53% | -41.89% | -520.09% | -43.34% | -222.08% | -22.44% | -14.51% | -11.04% | 431.92% | -0.05% | 3.49% |
| D&A (Non-Cash Add-back) | 664M | 674M | 674M | 688M | 713M | 758M | 707M | 743M | 748M | 751M | 755M | 746M | 733M | 796M | 892M | 915M | 899M | 877M | 1.04B | 1.13B |
| EBIT | 0 | -229M | -494M | -811M | 102M | 238M | 179M | 332M | 393M | -1.85B | 210M | -8.4B | 959M | 526M | 1.3B | 790M | 1.13B | 856M | 1.07B | 1.04B |
| Net Interest Income | 0 | -264M | -301M | -318M | -326M | -328M | -333M | -359M | -233M | -249M | -295M | -290M | -266M | -280M | -363M | -337M | -352M | -372M | -377M | -384M |
| Interest Income | 0 | 16M | 18M | 20M | 21M | 29M | 18M | 14M | 58M | 41M | 0 | 4M | 13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 177M | -509M | -813M | -1.15B | -245M | -119M | -172M | -41M | 102M | -2.14B | -85M | -8.69B | 680M | -3.18B | 937M | 453M | 801M | 679M | 716M | 674M |
| Pretax Margin % | 6.11% | -16.74% | -26.34% | -37.16% | -7.7% | -3.57% | -5.34% | -1.25% | 3.1% | -60.9% | -2.33% | -237.37% | 18.19% | -83.74% | 21.34% | 9.82% | 17.13% | 14.01% | 14.65% | 13.69% |
| Income Tax | 377M | -507M | -192M | -234M | -44M | -204M | -24M | 8M | 45M | -147M | -7M | 46M | 169M | -113M | 359M | 109M | 202M | 171M | 172M | 168M |
| Effective Tax Rate % | 212.99% | 99.61% | 23.62% | 20.37% | 17.96% | 171.43% | 13.95% | -19.51% | 44.12% | 6.86% | 8.24% | -0.53% | 24.85% | 3.55% | 38.31% | 24.06% | 25.22% | 25.18% | 24.02% | 24.93% |
| Net Income | -200M | -2M | -621M | -915M | -201M | 85M | -148M | -49M | 57M | -2B | -78M | -8.74B | 511M | -3.07B | 578M | 344M | 599M | 508M | 544M | 506M |
| Net Margin % | -6.9% | -0.07% | -20.12% | -29.59% | -6.32% | 2.55% | -4.59% | -1.5% | 1.73% | -56.72% | -2.14% | -238.62% | 13.67% | -80.76% | 13.17% | 7.46% | 12.81% | 10.48% | 11.13% | 10.28% |
| Net Income Growth % | 0.5% | -102.35% | -319.59% | -1767.35% | -452.63% | 104.26% | -89.74% | 99.44% | -88.85% | 35% | -113.49% | -2639.53% | -14.69% | -704.13% | 6.25% | -32.02% | 26.11% | 122.19% | 48.63% | 34.22% |
| Net Income (Continuing) | -200M | -2M | -621M | -915M | -201M | 85M | -148M | -49M | 57M | -2B | -78M | -8.74B | 511M | -3.07B | 578M | 344M | 599M | 508M | 544M | 506M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.20 | -0.00 | -0.62 | -0.92 | -0.20 | 0.09 | -0.15 | -0.05 | 0.06 | -2.03 | -0.08 | -8.88 | 0.52 | -3.08 | 0.57 | 0.34 | 0.59 | 0.50 | 0.51 | 0.46 |
| EPS Growth % | 0% | -102.33% | -313.33% | -1754.84% | -446.02% | 104.23% | -89.16% | 99.44% | -88.88% | 34.09% | -113.91% | -2711.76% | -11.86% | -716% | 11.76% | -26.09% | 34.09% | 123.58% | 50% | 31.43% |
| EPS (Basic) | -0.20 | -0.00 | -0.62 | -0.92 | -0.20 | 0.09 | -0.15 | -0.05 | 0.06 | -2.03 | -0.08 | -8.88 | 0.52 | -3.09 | 0.57 | 0.34 | 0.59 | 0.50 | 0.51 | 0.47 |
| Diluted Shares Outstanding | 998.89M | 996.38M | 996M | 991.27M | 991.27M | 987.68M | 988.79M | 987.24M | 986.26M | 983.76M | 983.55M | 983.45M | 982.28M | 995.57M | 1.02B | 1.02B | 1.02B | 1.02B | 1.07B | 1.09B |
| Basic Shares Outstanding | 998.89M | 996.38M | 996M | 991.27M | 991.27M | 987.68M | 988.79M | 987.24M | 984.86M | 983.76M | 975M | 983.45M | 981.55M | 993.31M | 1.01B | 1.01B | 1.01B | 1.01B | 1.06B | 1.09B |
| Dividend Payout Ratio | - | - | - | - | - | 3.53% | - | - | 5.26% | - | - | - | 1.57% | - | 44.12% | 73.84% | 45.24% | 49.8% | 48.9% | 54.15% |