Complete financial analysis of Lumen Technologies, Inc. (LUMN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Lumen Technologies, Inc., a leading company in the Telecommunications Services industry within the Communication Services sector.
You may be interested
- Broadcom Inc. (AVGOP) Income Statement Analysis – Financial Results
- Western Acquisition Ventures Corp. (WAVSW) Income Statement Analysis – Financial Results
- Deutsche Telekom AG (DTEGF) Income Statement Analysis – Financial Results
- Hanil Holdings Co., Ltd. (003300.KS) Income Statement Analysis – Financial Results
- Tavernier Resources Limited (TAVERNIER.BO) Income Statement Analysis – Financial Results
Lumen Technologies, Inc. (LUMN)
About Lumen Technologies, Inc.
Lumen Technologies, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Lumen, Quantum Fiber, and CenturyLink brands to business and residential customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers compute and application services, such as cloud services, IT solutions, unified communication and collaboration solutions, colocation and data center services, content delivery services, and managed security services; and IP and data services, including VPN data network, Ethernet, internet protocol (IP), and voice over internet protocol. The company also provides fiber infrastructure services comprising high bandwidth optical wavelength networks; and unlit optical fiber and related professional services. In addition, it offers voice and other services, including private line services, a direct circuit or channel specifically dedicated for connecting two or more organizational sites; a portfolio of traditional time division multiplexing voice services; and synchronous optical network-based Ethernet, legacy data hosting services, and conferencing services. As of December 31, 2021, the company served approximately 4.5 million broadband subscribers. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.56B | 17.48B | 19.69B | 20.71B | 22.40B | 23.44B | 17.66B | 17.47B | 17.90B | 18.03B | 18.10B | 18.38B | 15.35B | 7.04B | 4.97B | 2.60B | 2.66B | 2.45B | 2.48B | 2.41B | 2.38B | 1.97B | 2.12B | 1.85B | 1.68B | 1.50B | 901.50M | 749.70M | 644.80M | 540.20M | 433.20M | 356.80M | 281.00M | 248.80M | 213.20M | 184.00M | 156.90M | 147.60M |
| Cost of Revenue | 7.14B | 7.87B | 8.49B | 8.93B | 10.08B | 10.86B | 8.20B | 7.77B | 7.78B | 7.85B | 7.51B | 7.64B | 6.33B | 2.41B | 1.75B | 955.47M | 937.38M | 888.41M | 821.93M | 755.41M | 1.16B | 973.69M | 1.09B | 932.46M | 819.80M | 768.70M | 474.30M | 394.40M | 328.20M | 267.20M | 222.20M | 176.40M | 148.60M | 135.60M | 116.10M | 97.90M | 60.50M | 57.20M |
| Gross Profit | 7.41B | 9.61B | 11.20B | 11.78B | 12.32B | 12.58B | 9.45B | 9.70B | 10.12B | 10.19B | 10.59B | 10.74B | 9.03B | 4.63B | 3.22B | 1.64B | 1.72B | 1.56B | 1.66B | 1.65B | 1.22B | 998.31M | 1.03B | 913.47M | 856.90M | 730.60M | 427.20M | 355.30M | 316.60M | 273.00M | 211.00M | 180.40M | 132.40M | 113.20M | 97.10M | 86.10M | 96.40M | 90.40M |
| Gross Profit Ratio | 50.92% | 54.98% | 56.89% | 56.87% | 55.02% | 53.67% | 53.54% | 55.50% | 56.55% | 56.49% | 58.51% | 58.43% | 58.80% | 65.77% | 64.78% | 63.25% | 64.71% | 63.70% | 66.85% | 68.62% | 51.29% | 50.62% | 48.70% | 49.49% | 51.11% | 48.73% | 47.39% | 47.39% | 49.10% | 50.54% | 48.71% | 50.56% | 47.12% | 45.50% | 45.54% | 46.79% | 61.44% | 61.25% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3.36B | 3.02B | 2.84B | 3.41B | 3.65B | 4.07B | 3.29B | 3.23B | 3.12B | 3.13B | 3.29B | 3.06B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 62.00M | 56.00M | 56.00M | 62.00M | 98.00M | 218.00M | 216.00M | 210.00M | 214.00M | 210.00M | 189.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.36B | 3.08B | 2.90B | 3.46B | 3.72B | 4.17B | 3.51B | 3.45B | 3.33B | 3.35B | 3.50B | 3.24B | 2.98B | 1.14B | 1.01B | 399.14M | 389.53M | 370.27M | 388.99M | 397.10M | 0.00 | 11.28M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 13.64B | 3.24B | 4.02B | 4.71B | 4.83B | 44.00M | 12.00M | 7.00M | 23.00M | 11.00M | 69.00M | -144.00M | 4.03B | 1.43B | 974.71M | 523.79M | 536.26M | 523.51M | 531.93M | 500.90M | 470.64M | 411.63M | 473.38M | 388.06M | 348.80M | 328.60M | 159.50M | 132.00M | 113.80M | 103.60M | 86.20M | 70.80M | 57.30M | 52.10M | 46.50M | 39.70M | 43.90M | 39.60M |
| Operating Expenses | 16.53B | 6.32B | 6.91B | 8.17B | 8.54B | 9.29B | 7.44B | 7.37B | 7.52B | 7.78B | 8.04B | 8.02B | 7.00B | 2.57B | 1.99B | 922.92M | 925.79M | 893.78M | 920.92M | 898.01M | 470.64M | 422.90M | 473.38M | 388.06M | 348.80M | 328.60M | 159.50M | 132.00M | 113.80M | 103.60M | 86.20M | 70.80M | 57.30M | 52.10M | 46.50M | 39.70M | 43.90M | 39.60M |
| Cost & Expenses | 23.68B | 14.19B | 15.40B | 17.11B | 18.62B | 20.15B | 15.65B | 15.14B | 15.30B | 15.62B | 15.55B | 15.66B | 13.33B | 4.98B | 3.74B | 1.88B | 1.86B | 1.78B | 1.74B | 1.65B | 1.63B | 1.40B | 1.56B | 1.32B | 1.17B | 1.10B | 633.80M | 526.40M | 442.00M | 370.80M | 308.40M | 247.20M | 205.90M | 187.70M | 162.60M | 137.60M | 104.40M | 96.80M |
| Interest Income | 41.00M | 24.00M | 1.52B | 1.67B | 2.02B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.16B | 1.33B | 1.52B | 1.67B | 2.02B | 2.18B | 1.48B | 1.32B | 1.31B | 1.31B | 1.30B | 1.32B | 1.07B | 557.48M | 370.41M | 120.31M | 135.37M | 0.00 | 200.38M | 209.18M | 210.12M | 0.00 | 0.00 | 84.95M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.90M | 22.60M | 12.70M | 1.10M | 13.00M | 3.60M | 13.60M | 19.50M |
| Depreciation & Amortization | 2.99B | 3.24B | 4.38B | 5.07B | 5.16B | 5.12B | 3.94B | 3.92B | 4.19B | 4.43B | 4.54B | 4.78B | 4.03B | 1.43B | 974.71M | 523.79M | 536.26M | 523.51M | 531.93M | 500.90M | 470.64M | 411.63M | 473.38M | 388.06M | 348.80M | 328.60M | 159.50M | 132.00M | 113.80M | 103.60M | 86.20M | 70.80M | 57.30M | 52.10M | 46.50M | 39.70M | 33.90M | 30.20M |
| EBITDA | -6.09B | 3.58B | 8.52B | 5.90B | 3.29B | 5.73B | 5.96B | 6.25B | 6.82B | 6.85B | 6.06B | 7.35B | 6.05B | 3.52B | 2.16B | 1.29B | 1.33B | 1.07B | 1.27B | 1.25B | 1.21B | 987.03M | 832.34M | 708.95M | 856.90M | 808.40M | 427.20M | 355.30M | 316.60M | 273.00M | 211.00M | 180.40M | 132.40M | 113.20M | 97.10M | 86.10M | 86.40M | 81.00M |
| EBITDA Ratio | -41.86% | 38.78% | 41.87% | 39.77% | 38.35% | 36.09% | 33.74% | 35.80% | 38.08% | 37.98% | 39.54% | 39.99% | 39.42% | 49.61% | 51.42% | 46.32% | 48.59% | 43.61% | 51.23% | 52.23% | 50.94% | 53.10% | 37.73% | 46.55% | 45.16% | 37.67% | 24.93% | 43.16% | 44.17% | 44.11% | 46.03% | 47.73% | 45.37% | 40.88% | 43.34% | 42.28% | 55.64% | 57.32% |
| Operating Income | -9.58B | 3.54B | 4.29B | 3.53B | 3.76B | 570.00M | 2.01B | 2.33B | 2.61B | 2.41B | 1.45B | 2.71B | 2.03B | 2.06B | 1.23B | 721.35M | 793.08M | 665.54M | 736.40M | 753.95M | 750.40M | 575.41M | 557.92M | 525.41M | 508.10M | 402.00M | 267.70M | 223.30M | 202.80M | 169.40M | 124.80M | 109.60M | 75.10M | 61.10M | 50.60M | 46.40M | 52.50M | 50.80M |
| Operating Income Ratio | -65.84% | 20.25% | 21.77% | 17.03% | 16.79% | 2.43% | 11.38% | 13.34% | 14.55% | 13.37% | 8.03% | 14.76% | 13.19% | 29.25% | 24.79% | 27.75% | 29.86% | 27.19% | 29.70% | 31.32% | 31.52% | 29.18% | 26.35% | 28.46% | 30.30% | 26.81% | 29.69% | 29.79% | 31.45% | 31.36% | 28.81% | 30.72% | 26.73% | 24.56% | 23.73% | 25.22% | 33.46% | 34.42% |
| Total Other Income/Expenses | -653.00M | -4.30B | -1.58B | -1.74B | -2.04B | -2.13B | -1.47B | -1.31B | -1.29B | -1.30B | -1.23B | -1.46B | -1.08B | -527.86M | -418.59M | -161.26M | -174.14M | -74.39M | 0.00 | -206.58M | -218.44M | -281.95M | 127.75M | 48.00K | -78.80M | -14.50M | 140.70M | -19.60M | -19.70M | -7.90M | -18.50M | -17.00M | -17.60M | -12.60M | -17.70M | -11.90M | -12.70M | -15.90M |
| Income Before Tax | -10.24B | -991.00M | 2.70B | -782.00M | -4.77B | -1.56B | 540.00M | 1.02B | 1.32B | 1.11B | 224.00M | 1.25B | 948.00M | 1.53B | 814.51M | 560.09M | 618.94M | 591.15M | 736.40M | 547.37M | 531.96M | 293.46M | 553.06M | 386.19M | 429.30M | 387.50M | 408.40M | 203.70M | 183.10M | 161.50M | 106.30M | 92.60M | 57.50M | 48.50M | 32.90M | 34.50M | 39.80M | 34.90M |
| Income Before Tax Ratio | -70.32% | -5.67% | 13.72% | -3.78% | -21.28% | -6.67% | 3.06% | 5.84% | 7.35% | 6.16% | 1.24% | 6.80% | 6.18% | 21.76% | 16.37% | 21.54% | 23.30% | 24.15% | 29.70% | 22.74% | 22.34% | 14.88% | 26.12% | 20.92% | 25.60% | 25.85% | 45.30% | 27.17% | 28.40% | 29.90% | 24.54% | 25.95% | 20.46% | 19.49% | 15.43% | 18.75% | 25.37% | 23.64% |
| Income Tax Expense | 61.00M | 557.00M | 668.00M | 450.00M | 503.00M | 170.00M | -849.00M | 394.00M | 438.00M | 338.00M | 463.00M | 473.00M | 375.00M | 582.95M | 301.88M | 194.36M | 200.57M | 221.12M | 203.29M | 210.13M | 187.25M | 103.54M | 210.03M | 154.71M | 189.50M | 158.70M | 152.40M | 74.60M | 68.30M | 61.30M | 37.30M | 32.60M | 20.10M | 17.40M | 10.70M | 11.10M | 16.50M | 17.70M |
| Net Income | -10.30B | -1.55B | 2.03B | -1.23B | -5.27B | -1.73B | 1.39B | 626.00M | 878.00M | 772.00M | -239.00M | 777.00M | 573.00M | 947.71M | 647.21M | 365.73M | 418.37M | 370.03M | 334.48M | 337.24M | 344.71M | 801.62M | 343.03M | 231.47M | 239.80M | 228.80M | 256.00M | 129.10M | 114.80M | 100.20M | 69.00M | 44.30M | 37.40M | 31.10M | 22.20M | 23.40M | 23.30M | 17.20M |
| Net Income Ratio | -70.74% | -8.86% | 10.33% | -5.95% | -23.52% | -7.39% | 7.87% | 3.58% | 4.91% | 4.28% | -1.32% | 4.23% | 3.73% | 13.46% | 13.01% | 14.07% | 15.75% | 15.12% | 13.49% | 14.01% | 14.48% | 40.65% | 16.20% | 12.54% | 14.30% | 15.26% | 28.40% | 17.22% | 17.80% | 18.55% | 15.93% | 12.42% | 13.31% | 12.50% | 10.41% | 12.72% | 14.85% | 11.65% |
| EPS | -10.48 | -1.54 | 1.92 | -1.14 | -4.92 | -1.63 | 2.21 | 1.16 | 1.58 | 1.36 | -0.40 | 1.25 | 1.07 | 3.13 | 3.23 | 3.53 | 3.82 | 3.17 | 2.55 | 2.45 | 2.40 | 5.66 | 1.06 | 0.91 | 1.72 | 1.67 | 1.89 | 0.96 | 0.88 | 0.84 | 0.58 | 0.40 | 0.35 | 0.30 | 0.22 | 0.25 | 0.39 | 0.29 |
| EPS Diluted | -10.48 | -1.54 | 1.91 | -1.14 | -4.92 | -1.63 | 2.21 | 1.16 | 1.58 | 1.36 | -0.40 | 1.25 | 1.07 | 3.13 | 3.23 | 3.52 | 3.72 | 3.07 | 2.49 | 2.41 | 2.35 | 5.61 | 1.05 | 0.90 | 1.70 | 1.64 | 1.87 | 0.95 | 0.87 | 0.80 | 0.58 | 0.40 | 0.35 | 0.30 | 0.22 | 0.25 | 0.39 | 0.29 |
| Weighted Avg Shares Out | 983.08M | 1.01B | 1.06B | 1.08B | 1.07B | 1.06B | 627.81M | 539.55M | 554.28M | 568.44M | 597.50M | 620.21M | 532.78M | 300.62M | 198.81M | 102.27M | 109.36M | 116.67M | 130.84M | 137.22M | 143.58M | 141.61M | 140.74M | 140.07M | 138.85M | 137.01M | 134.95M | 134.69M | 131.12M | 119.92M | 118.97M | 110.75M | 106.57M | 103.33M | 100.45M | 92.80M | 59.23M | 57.93M |
| Weighted Avg Shares Out (Dil) | 983.08M | 1.01B | 1.07B | 1.08B | 1.07B | 1.07B | 628.69M | 540.68M | 555.09M | 569.74M | 600.89M | 622.29M | 534.12M | 301.30M | 199.06M | 102.56M | 113.09M | 122.23M | 136.09M | 142.14M | 148.78M | 142.88M | 142.31M | 141.86M | 141.43M | 140.11M | 136.88M | 135.32M | 132.46M | 125.25M | 118.97M | 110.75M | 106.57M | 103.33M | 100.45M | 92.80M | 59.23M | 57.93M |
Lumen and Meta Partner to Drive AI Network Expansion
Lumen's Private Connectivity Fabric℠ enables long-term network capacity for Meta's AI DENVER , Oct. 21, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Meta are partnering to significantly increase Meta's network capacity and help drive its bold AI ambitions. The expanded...
Lumen Technologies (LUMN) Price Prediction and Forecast 2025-2030
After struggling for years, shares of Lumen Technologies (NYSE: LUMN) skyrocketed in 2024, more than doubling through the first three quarters of the year.
Where Will Artificial Intelligence (AI) Up-and-Comer Lumen Be in 5 Years?
Assuming it does not get bought out, Lumen now has a tremendous opportunity.
How Lumen Technologies Stock Gained 35% Last Month
Why did Lumen Technologies' shares soar in recent months? There's a dark side to the network vendor's stock-boosting financial maneuvers.
Lumen Technologies sets third quarter 2024 earnings call date
DENVER , Oct. 7, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will release its third quarter 2024 results on Nov. 5, 2024. The company will broadcast a live...
The Real Best Stock Of The Year Isn't In The S&P 500 Yet
If you're like most investors — you assume AI giant Nvidia is the best stock of the year. But 2024's major champ isn't even in the S&P 500.
Where Will Lumen Technologies Stock Be in 1 Year?
The underdog telecom company's stock soared nearly fivefold over the past year.
Up More Than 540% in Just 3 Months, Can Lumen Technologies Stock Still Go Higher?
Is hype fueling Lumen Technologies, or could this be a stock worth buying right now?
Lumen Technologies: Turnaround Efforts Bear Fruit
My initial Buy recommendation for Lumen Technologies, Inc. has been my most successful to date, with the stock soaring nearly 400% since January. The reasons for this optimism are rooted in management's successful execution of its turnaround plan. Management has...
Lumen Announces Early Tender Results of Exchange Offers for Unsecured Notes of Lumen and Level 3
DENVER , Sept. 17, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced the early results of its offers to exchange newly-issued secured notes for certain of its outstanding unsecured senior notes.
Source: https://incomestatements.info
Category: Stock Reports