Lumen Technologies, Inc. income statement

In fiscal 2025, Lumen Technologies, Inc. reported revenue of $12.40bn, down 5.4% on the year before, operating income of −$812m (a -6.5% margin) and net income of −$1.74bn, or −$1.75 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Lumen Technologies, Inc.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	5.0	7.0	15.4	18.4	18.1	18.0	17.9	17.5	17.7	22.6	21.5	20.7	19.7	17.5	14.6	13.1	12.4	11.8
Cost of revenue	1.8	2.5	6.3	7.6	7.5	7.8	7.8	7.8	8.2	10.0	9.1	8.9	8.5	7.9	7.1	6.7	6.6	6.2
Gross profit	3.2	4.5	9.0	10.7	10.6	10.2	10.1	9.7	9.5	12.6	12.3	11.8	11.2	9.6	7.4	6.4	5.8	5.7
Selling, general and administrative	1.0	1.0	3.0	3.2	3.5	3.3	3.4	3.4	3.5	4.2	3.7	3.5	2.9	3.1	3.2	3.0	3.2	3.3
Operating income	1.2	2.1	2.0	2.7	1.5	2.4	2.6	2.3	2.0	0.6	−2.7	1.0	4.3	0.1	−9.6	0.5	−0.8	0.2
Interest expense	0.4	0.5	1.1	1.3	1.3	1.3	1.3	1.3	1.5	2.2	2.0	1.7	1.5	1.3	1.2	1.4	1.3	1.0
Provision for credit losses	—	—	—	—	—	—	—	—	—	—	—	0.2	0.1	0.1	0.1	0.1	0.1	—
Income before tax	0.8	1.5	0.9	1.3	0.2	1.1	1.3	1.0	0.5	−1.6	−4.8	−0.8	2.7	−1.0	−10.2	−0.2	−2.7	−1.4
Income tax	0.3	0.6	0.4	0.5	0.5	0.3	0.4	0.4	−0.8	0.2	0.5	0.5	0.7	0.6	0.1	−0.2	−1.0	−0.4
Net income	0.6	0.9	0.6	0.8	−0.2	0.8	0.9	0.6	1.4	−1.7	−5.3	−1.2	2.0	−1.5	−10.3	−0.1	−1.7	−1.0
Diluted EPS	$3.23	$3.13	$1.07	$1.25	−$0.40	$1.36	$1.58	$1.16	$2.21	−$1.63	−$4.92	−$1.14	$1.91	−$1.54	−$10.48	−$0.06	−$1.75	−$1.03
Diluted shares (average)	199m	301m	534m	622m	601m	570m	555m	541m	629m	1,066m	1,071m	1,079m	1,067m	1,008m	983m	988m	995m	999m
EBITDA	2.2	3.5	6.1	7.5	6.0	6.8	6.8	6.2	5.9	5.7	2.1	5.7	8.3	3.3	−6.6	3.4	1.9	2.9

US$ millions unless shown otherwise. Fiscal quarters.

Lumen Technologies, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	3,221	3,329	3,182	3,092	3,087	3,041	2,899	2,805
Cost of revenue	1,692	1,706	1,687	1,624	1,700	1,627	1,435	1,415
Gross profit	1,529	1,623	1,495	1,468	1,387	1,414	1,464	1,390
Selling, general and administrative	696	711	675	755	829	940	794	779
Operating income	126	154	107	−603	−116	−200	602	−88
Interest expense	351	357	347	338	319	280	225	201
Provision for credit losses	15	18	—	—	—	—	—	—
Income before tax	−172	−119	−245	−1,149	−813	−509	177	−255
Income tax	−24	−204	−44	−234	−192	−507	377	−54
Net income	−148	85	−201	−915	−621	−2	−200	−201
Diluted EPS	−$0.15	$0.08	−$0.20	−$0.92	−$0.62	$0.00	−$0.20	−$0.20
EBITDA	833	912	820	85	558	474	1,266	580

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.