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
- NewSoft Technology Corporation (5202.TWO) Income Statement Analysis – Financial Results
- Bic Camera Inc. (3048.T) Income Statement Analysis – Financial Results
- Shi Corporation (SHCC) Income Statement Analysis – Financial Results
- SportsTek Acquisition Corp. (SPTKW) Income Statement Analysis – Financial Results
- DA32 Life Science Tech Acquisition Corp. (DALS) 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 |
SmartBear Recognizes Product Owner at Lumen Technologies with Inaugural Women in Tech Award
SOMERVILLE, Mass.--(BUSINESS WIRE)-- #AI--Jamie McNulty honored for her passion, dedication, and exceptional contributions in tech to her team and organization.
Why Lumen Stock Soared Today
Lumen stock soared today thanks to a new ownership disclosure made to the SEC. A new, individual investor now owns roughly 5.4% of Lumen's common stock.
A Lumen executive talks AI, Verizon's fiber deal — and meme-stock status
MarketWatch recently caught up with Lumen CFO Chris Stansbury, who discussed the opportunities ahead in AI and consumer fiber.
Lumen Stock Up More Than 360% in 3 Months: Cash in or Stay Invested?
Increasing opportunities driven by AI proliferation are emerging as a tailwind for LUMN. Debt-laden balance sheet and competition in the AI space are overhangs.
Lumen Technologies, Inc. (LUMN) Goldman Sachs Communacopia and Technology Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN ) Goldman Sachs Communacopia and Technology Conference Call September 9, 2024 7:25 PM ET Company Participants Chris Stansbury - Executive Vice President & Chief Financial Officer Conference Call Participants Jim Schneider - Goldman Sachs Jim Schneider...
Lumen Technologies, Inc. (LUMN) Bank of America's 2024 Media, Communications and Entertainment Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN ) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 8:50 AM ET Company Participants Chris Stansbury - EVP and CFO Conference Call Participants Dave Barden - Bank of America Merrill Lynch Dave...
Lumen Technologies, Inc. (LUMN) Citi's 2024 Global TMT Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN ) Citi's 2024 Global TMT Conference September 4, 2024 12:30 PM ET Company Participants Chris Stansbury - EVP, CFO Conference Call Participants Brian Badillo - Citi Brian Badillo Thank you all. Is it 12:30 as we're...
Lumen Announces Exchange Offers for Unsecured Notes of Lumen and Level 3
DENVER , Sept. 3, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced that it has commenced offers to exchange newly-issued superpriority senior secured notes for certain of its outstanding unsecured senior notes.
Why Lumen Technologies Plunged Today
Another short-seller came out against Lumen today. It's the second short report on the stock in a week.
Is Lumen Stock Headed to Bankruptcy or Massive Gains?
Lumen Technologies (NYSE:LUMN) is a company that's most prominently known for its extensive wireline and cable assets.
Source: https://incomestatements.info
Category: Stock Reports