Lumen Technologies

About Lumen Technologies

Lumen Technologies is one of the largest telecommunications carriers serving global enterprises. The merger with Level 3 in 2017, the 2022 divestiture of much of its local phone business in rural areas, and the 2026 sale of its remaining consumer fiber network to AT&T have shifted the company's operations away from the legacy consumer business and toward enterprise services, which account for about 85%-90% of revenue. Lumen offers businesses a full suite of communications services, providing colocation and data center services, data transportation, phone service, and internet access.

Ticker

$LUMN

Sector

Communication

Primary listing

NYSE

Employees

21,000

Headquarters

Monroe, United States

Website

www.lumen.com

LUMN Metrics

BasicAdvanced

$6.5bn

-

-$1.75

1.66

-

What the Analysts think about LUMN

Analyst ratings (Buy, Hold, Sell) for Lumen Technologies stock.

Bulls say / Bears say

S&P Global upgraded Lumen’s senior unsecured debt rating to ‘B’ from ‘CCC’ on June 2, 2026, citing its $5.75 billion sale of the fiber-to-the-home segment to AT&T, reduced pro forma leverage to the high-4x area, and a $300 million annual interest expense reduction. (Investing.com)

High-value 'Strategic' revenue surpassed 'Legacy' for the first time in Q1 2026, accounting for 51% of total business revenue and growing 9.4% year-on-year to $1,246 million, underscoring Lumen’s successful pivot toward enterprise services. (SEC)

Net cash provided by operating activities rose to $1.323 billion in Q1 2026 from $1.095 billion in Q1 2025, bolstering Lumen’s ability to fund debt paydown and strategic investments internally. (SEC)

Total revenue fell 8.9% year-on-year to $2.899 billion in Q1 2026, reflecting persistent top-line pressure amid the transformation. (Yahoo Finance)

Adjusted EBITDA excluding special items declined 8.6% year-on-year to $849 million, with margin contracting to 29.3%, signaling margin pressure during the transition. (SEC)

Mid-Market Enterprise revenue dropped 9.9% year-on-year to $439 million in Q1 2026, highlighting continued weakness in the SME segment. (SEC)

Data summarised monthly by Lightyear AI. Last updated on 12 Jul 2026.

LUMN Financial Performance

Revenues and expenses

Income statement
QuarterlyAnnual	Q3 24	QoQ growth
Revenue	$37bn	-39.75%
Net income	$45bn	107.52%
Profit margin	37.65%	6.78%

LUMN Earnings Performance

Company profitability

Earnings per share
QuarterlyAnnual	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Actual	$3.69	$2.85	$2.45	$2.42	-
Expected	$3.55	$2.61	$2.05	$2.31	$3.94
Surprise	3.94%	9.20%	19.51%	4.63%	-

LUMN News

AllArticlesVideos

Lumen Expands Managed Detection and Response Services for Palo Alto Networks to Strengthen Cyber Defense

Business Wire·1 week ago

Lumen Completes Acquisition of Cloud Networking Firm Alkira

Bloomberg Markets and Finance·1 week ago