undamentalytics Newsletter
Sign in

Lumen Technologies, Inc. cash flow statement

In fiscal 2025, Lumen Technologies, Inc.'s operations generated $4.74bn of cash; it spent $4.37bn on capital projects, leaving free cash flow of $371m. It returned $1.0m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations1,5742,0454,2016,0655,5595,1885,1534,6083,8787,0326,6806,5246,5014,7352,1604,3334,7385,367
Depreciation and amortisation9751,4344,0264,7804,5414,4284,1893,9163,9365,1204,8294,7104,0193,2392,9852,9562,7492,680
Stock-based pay553865110717973801111861621751209852294857
Capital spending7558642,4112,9193,0483,0472,8722,9813,1063,1753,6283,7292,9003,0163,1003,2314,3674,530
Free cash flow8191,1811,7903,1462,5112,1412,2811,6277723,8573,0522,7953,6011,719−9401,102371837
Free cash flow after stock pay7641,1431,7253,0362,4402,0622,2081,5476613,6712,8902,6203,4811,621−9921,073323780
Dividends paid5608791,5561,8111,3011,2281,1981,1671,4532,3121,1001,1091,0877801131—
Share buybacks161731371,5866508191617—001,00020000——
Shares issued571301031107350116——————————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: ECHO vs LUMNLUMN vs TULUMN vs NWSA

More: Communication Services sector, rankings of US companies

Figures from Lumen Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Lumen Technologies, Inc.