Lumen Technologies delivered revenue, Adjusted EBITDA, and free cash flow in line with expectations for Q4 2025, while sharpening its focus on high-value enterprise growth. The company completed the $5.75 billion AT&T transaction, significantly reducing total debt and annual interest expense, and increasing flexibility for growth initiatives. Operational execution exceeded cost reduction targets, and the company saw strong momentum in PCF sales and NaaS customer growth.

Lumen Technologies delivered strong financial results in the third quarter of 2025, with revenue, Adjusted EBITDA, and Free Cash Flow all surpassing expectations. The company also advanced its transformation agenda, including a successful Phase I ERP implementation and progress on the consumer FTTH sale to AT&T. Strategic investments in Private Connectivity Fabric and NaaS are driving momentum, positioning Lumen for sustainable growth in the AI economy.

Lumen Technologies reported a net loss of $(915) million for Q2 2025, including a significant non-cash goodwill impairment charge. Despite this, the company demonstrated strong Adjusted EBITDA of $877 million (excluding special items) and increased net cash provided by operating activities. Strategic moves include the sale of its Mass Markets fiber-to-the-home business to AT&T for $5.75 billion and a successful $2 billion bond offering, aimed at sharpening its enterprise focus and improving financial flexibility.

Lumen Technologies reported a net loss in the first quarter of 2025, a decrease from net income in the prior year period. Revenue also saw a slight decrease. However, the company highlighted progress in key priorities, including growth in North American Business Grow and Waves revenue, continued momentum towards a stronger balance sheet, and new partnerships.

Lumen Technologies reported a net income of $85 million for Q4 2024, a significant improvement compared to the net loss of $(1.995) billion in Q4 2023. The company focused on strengthening its financial position, transforming corporate functions, and building infrastructure for the AI economy.

Lumen Technologies reported a net loss of $(148) million for Q3 2024, compared to a net loss of $(78) million in Q3 2023. Despite the net loss, the company generated a free cash flow of $1.2 billion, excluding special items. The company is focusing on becoming the trusted network for AI.

Lumen Technologies reported a net loss of $(49) million for Q2 2024, a significant improvement compared to the $(8.736) billion net loss in Q2 2023, which included a non-cash goodwill impairment charge. Total revenue decreased to $3.268 billion from $3.661 billion year-over-year. The company is focusing on driving commercial excellence, stabilizing the base, and innovating for growth, with a recent Microsoft partnership highlighting Lumen's position to capitalize on the demand for secure networks.

Lumen Technologies reported a net income of $57 million and free cash flow of $518 million, excluding special items. The company successfully completed TSA transactions, strengthening its balance sheet and securing new liquidity. While revenue declined year-over-year, Lumen saw accelerated North America Enterprise sales and improved customer satisfaction.

Lumen Technologies reported a net loss of $(1.995) billion for Q4 2023, which included a non-cash goodwill impairment charge of $1.9 billion. Excluding special items, diluted earnings per share was $0.08. The company generated adjusted EBITDA of $1.099 billion and free cash flow of $50 million, excluding special items.

Lumen Technologies reported a net loss of $(78) million for Q3 2023, compared to a net income of $578 million in Q3 2022. The company generated free cash flow of $43 million, excluding special items, and saw an increase in Enterprise Channel revenue. They are making progress on operational improvements and are excited for the close of their EMEA transaction expected tomorrow.

Lumen Technologies reported a mixed second quarter, with increased Business Grow product revenue but a significant net loss due to a non-cash goodwill impairment charge. The company progressed on its growth strategy, expanding fiber deployments, but faced challenges in overall revenue and cash flow.

Lumen Technologies reported first quarter 2023 results, with a focus on its turnaround strategy. The company saw positive leading indicators in growth products revenue and Quantum Fiber build progress. Net income was $511 million, and diluted earnings per share were $0.52. The company updated its full-year 2023 financial outlook, maintaining Adjusted EBITDA guidance of $4.6 to $4.8 billion and Free Cash Flow guidance of $0 to $200 million.

Lumen Technologies reported a net loss of $(3.069) billion for Q4 2022, impacted by a $3.271 billion non-cash goodwill impairment charge. Despite the loss, the company completed the $7.5 billion divestiture of its 20-state ILEC business and announced the proposed sale of its EMEA business for $1.8 billion. Kate Johnson was appointed as the new president and CEO.

Lumen Technologies reported a Net Income of $578 million for Q3 2022, compared to $544 million in Q3 2021. The company updated its full-year outlook for free cash flow and capital expenditures, eliminated its stock dividend, and authorized a $1.5 billion share repurchase program. Additionally, Lumen entered an exclusive arrangement for the proposed sale of its EMEA business and completed the divestiture of its 20-state ILEC business.

Lumen Technologies reported a decrease in total revenue and net income for Q2 2022 compared to Q2 2021. Total revenue was $4.612 billion, and net income was $344 million. The company reiterated its full-year 2022 financial outlook measures and completed the divestiture of its Latin American business.