Jun 2026 (Q2 FY26) — Aug 4, 2026
Lumen Technologies Q2 FY26 — Strategic Revenue Growth and Digital Transformation
Read the full callLumen Technologies (LUMN) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Lumen Technologies earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,805 | −9.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -3.1 | +16.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -201 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$4.46 −4.09% · −$0.19
Performance −35.4% 1Y
1Y: $6.9 on 17 Oct 2025 → $4.46. High $11.83 (3 Nov 2025), low $4.46 (19 Oct 2026).
- Previous close
- $4.65
- 52-week range
- $4.46 – $11.83
- One year
- −37.71%
Overview
- Symbol
- LUMN
- Sector
- Communication Services
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — May 5, 2026
Lumen Technologies Q1 FY26 — Alkira Acquisition and Digital Transformation
Read the full callEvery analysed call
Lumen Technologies earnings calls (LUMN)
Financials
What the filings say
Net profit, year on year: +78% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,221 | 3,329 | 3,182 | 3,092 | 3,087 | 3,041 | 2,899 | 2,805 |
| Expenses | 3,095 | 3,175 | 3,075 | 3,695 | 3,203 | 3,241 | 2,297 | 2,893 |
| Operating profit | 126 | 154 | 107 | -603 | -116 | -200 | 602 | -88 |
| Operating margin | 3.9% | 4.6% | 3.4% | −19.5% | −3.8% | −6.6% | 20.8% | −3.1% |
| Other income | -298 | -273 | -352 | -546 | -697 | -309 | -425 | -167 |
| Interest | 351 | 357 | 347 | 338 | 319 | 280 | 225 | 201 |
| Profit before tax | -172 | -119 | -245 | -1,149 | -813 | -509 | 177 | -255 |
| Tax rate | 13.9% | 171.4% | 18.0% | 20.4% | 23.6% | 99.6% | 213.0% | 21.2% |
| Net profit | -148 | 85 | -201 | -915 | -621 | -2 | -200 | -201 |
| EPS ($ per share) | -0.15 | — | -0.20 | -0.92 | -0.62 | — | -0.20 | -0.20 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1,080 | 1,090 | 1,097 | 1,024 | 1,002 | 1,008 | 19,149 | 19,185 |
| Reserves | -1,643 | -6,814 | -8,031 | -5,998 | -7,609 | -17,907 | -17,962 | -19,701 |
| Total liabilities | 50,428 | 51,272 | 48,232 | 46,216 | 35,238 | 33,601 | 33,032 | 35,459 |
| Fixed assets | 26,408 | 26,079 | 26,338 | 20,895 | 19,166 | 19,758 | 20,421 | 19,575 |
| Total assets | 70,256 | 64,742 | 59,394 | 57,993 | 45,612 | 34,018 | 33,496 | 34,342 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 7,032 | 6,680 | 6,524 | 6,501 | 4,735 | 2,160 | 4,333 | 4,738 |
| Cash from investing | -3,078 | -3,570 | -3,564 | -2,712 | 5,476 | -1,201 | -2,830 | -4,305 |
| Cash from financing | -4,023 | -1,911 | -4,250 | -3,807 | -9,313 | -18 | -1,851 | -1,319 |
| Net cash flow | -69 | 1,199 | -1,290 | -18 | 898 | 941 | -348 | -886 |
| Capital expenditure | -3,175 | -3,628 | -3,729 | -2,900 | -3,016 | -3,100 | -3,231 | -4,367 |
| Free cash flow | 3,857 | 3,052 | 2,795 | 3,601 | 1,719 | -940 | 1,102 | 371 |
LUMN revenue by segment
Business grew from 78% to 86% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Business | 78% | 79% | 79% | 79% | 79% | 78% | 83% | 86% | -4.0% |
| Mass Market | 22% | 21% | 21% | 21% | 21% | 22% | 17% | 14% | -44.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
LUMN operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| NaaS customers | <2,500We now have nearly 2,500 NaaS customers, with more than 30% of them being repeat purchasers.Source: earnings call transcript | 3,000+And today, the total number of NaaS customers exceed 3,000.Source: earnings call transcript | — |
| Capital expenditures PCF deals | ~$161MThat included approximately $161 million of CapEx associated with PCF deals.Source: earnings call transcript | ~$300MThat included approximately $300 million of CapEx associated with PCF deals.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
32 filings between Nov 7, 2025 and Sep 23, 2026.
Open market
decisions to buy or sellPurchases
$1.11M
2 purchases by 1 insider
Sales
$355.1K
1 sale by 1 insider
Compensation
not trading decisions- 18
- Award — granted as compensation
- 7
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 dispositions to the issuer, 2 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Johnson Kathleen E | $1.11M | — | Aug 6, 2026 |
| Linear Diankha | — | $355.1K | Feb 20, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 23, 2026 | Holt Donald Leroy Chief Acctg. Off. & Controller | Tax withheld | 2,538 | $15.6K |
| Aug 6, 2026 | Johnson Kathleen E Chief Executive Officer | Purchase | 100,000 | $612.7K |
| Aug 5, 2026 | Hinshaw John M Director | Award | 27,350 | $166.3K |
| May 21, 2026 | Bejar Martha Helena Director | Award | 25,197 | $237.9K |
| May 21, 2026 | GOLDBERG MICHELLE J Director | Award | 25,197 | $237.9K |
| May 21, 2026 | Linear Diankha Director | Award | 25,197 | $237.9K |
| May 21, 2026 | Allen Quincy L Director | Award | 25,197 | $237.9K |
| May 21, 2026 | MCMILLAN STEPHEN Director | Award | 25,197 | $237.9K |
| May 21, 2026 | Collins Michael Director | Award | 25,197 | $237.9K |
| May 21, 2026 | Chilton Kevin P. Director | Award | 25,197 | $237.9K |
| May 21, 2026 | Capossela Christopher C Director | Award | 25,197 | $237.9K |
| May 14, 2026 | Fowler James EVP, Chief Tech & Product Off. | Tax withheld | 22,922 | $237.0K |
| May 7, 2026 | Johnson Kathleen E Chief Executive Officer | Gift | 241,450 | $0 |
| May 7, 2026 | Johnson Kathleen E Chief Executive Officer | Gift | 241,450 | $0 |
| Apr 20, 2026 | Hodges Jennifer A. EVP, Chief Legal Officer | Award | 200,809 | $1.50M |
| Mar 1, 2026 | Stansbury Christopher EVP and CFO | Disposition to issuer | 133,002 | $0 |
| Mar 1, 2026 | HACKER MARK S. EVP, CLO & Public Sector | Award | 427,450 | $0 |
| Mar 1, 2026 | Stansbury Christopher EVP and CFO | Award | 906,713 | $0 |
| Mar 1, 2026 | Holt Donald Leroy Chief Acctg. Off. & Controller | Award | 97,147 | $0 |
| Mar 1, 2026 | Holt Donald Leroy Chief Acctg. Off. & Controller | Tax withheld | 2,080 | $14.8K |
| Mar 1, 2026 | Fowler James EVP, Chief Tech & Product Off. | Award | 582,887 | $0 |
| Mar 1, 2026 | Johnson Kathleen E President & CEO | Award | 2,156,680 | $0 |
| Mar 1, 2026 | Johnson Kathleen E President & CEO | Tax withheld | 1,715,571 | $12.20M |
| Mar 1, 2026 | Johnson Kathleen E President & CEO | Disposition to issuer | 252,702 | $0 |
| Mar 1, 2026 | Sharritts Jeffery S. EVP, Chief Revenue Officer | Award | 634,699 | $0 |
| Mar 1, 2026 | Stansbury Christopher EVP and CFO | Tax withheld | 836,079 | $5.94M |
| Feb 20, 2026 | Linear Diankha Director | Sale | 45,000 | $355.1K |
| Feb 5, 2026 | Johnson Kathleen E President & CEO | Purchase | 78,685 | $499.9K |
| Feb 4, 2026 | Sharritts Jeffery S. EVP, Chief Revenue Officer | Award | 576,282 | $0 |
| Jan 9, 2026 | Haynes-Gaspar Ashley EVP and Chief Revenue Officer | Tax withheld | 30,603 | $242.1K |
| Jan 5, 2026 | Fowler James EVP, Chief Tech & Product Off. | Award | 612,860 | $0 |
| Nov 7, 2025 | Johnson Kathleen E President & CEO | Tax withheld | 46,735 | $491.7K |
| Sep 23, 2025 | Holt Donald Leroy Chief Acctg. Off. & Controller | Award | 26,482 | $0 |
| Aug 15, 2025 | Stansbury Christopher EVP and CFO | Purchase | 11,500 | $51.0K |
| Aug 15, 2025 | Stansbury Christopher EVP and CFO | Purchase | 17,000 | $75.5K |
| Aug 15, 2025 | Stansbury Christopher EVP and CFO | Purchase | 11,500 | $51.0K |
| Aug 14, 2025 | Johnson Kathleen E President & CEO | Gift | 1,086,315 | $0 |
| Aug 14, 2025 | Johnson Kathleen E President & CEO | Gift | 1,086,315 | $0 |
| Aug 14, 2025 | Stansbury Christopher EVP and CFO | Purchase | 18,000 | $77.2K |
| Aug 14, 2025 | Stansbury Christopher EVP and CFO | Purchase | 12,000 | $51.5K |
| Aug 14, 2025 | Stansbury Christopher EVP and CFO | Purchase | 12,000 | $51.5K |
| Aug 5, 2025 | Johnson Kathleen E President & CEO | Purchase | 135,870 | $501.8K |
| May 12, 2025 | HACKER MARK S. EVP, Chief Legal Officer | Award | 537,677 | $0 |
| Apr 4, 2025 | Stansbury Christopher EVP and CFO | Tax withheld | 32,896 | $107.6K |
| Mar 1, 2025 | Stansbury Christopher EVP and CFO | Award | 638,542 | $0 |
| Mar 1, 2025 | Stansbury Christopher EVP and CFO | Tax withheld | 315,698 | $1.49M |
| Mar 1, 2025 | Ward David D. EVP, Chief Tech & Prod Officer | Award | 734,324 | $0 |
| Mar 1, 2025 | Ward David D. EVP, Chief Tech & Prod Officer | Tax withheld | 107,179 | $505.9K |
| Mar 1, 2025 | Genschaw Andrea SVP and Controller | Award | 148,993 | $0 |
| Mar 1, 2025 | Genschaw Andrea SVP and Controller | Award | 117,066 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Lumen Technologies, Inc.
Free account. Everything above stays public.
Write why you follow Lumen Technologies, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading