Every 10-Q that Lumen Technologies, Inc. (LUMN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LUMN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LUMN filings page.
Lumen Technologies reported Q2 2026 operating revenue of $2,805 million, down from $3,092 million a year earlier, and a net loss of $201 million, or $0.20 per share. For the first six months, revenue was $5,704 million with a net loss of $401 million.
Performance reflects the February 2 sale of the Mass Markets Fiber-to-the-Home business to AT&T for pre-tax cash proceeds of $5.72 billion, generating a $565 million gain recorded in operating income. Net cash from operating activities rose to $2,294 million and cash and cash equivalents increased to $1,876 million. Long‑term debt decreased to about $13.2 billion from $17.4 billion at December 31, 2025 as the company used divestiture proceeds and new issuances to refinance and repurchase multiple notes and term loans.
The company now operates as a single segment focused on strategic networking and broadband services, with Q2 Adjusted EBITDA of $598 million and $1,877 million for the first half. It closed, after quarter‑end, the $487 million cash acquisition of Alkira, a cloud‑networking platform provider. Management cites remaining performance obligations of $5.9 billion and ongoing risks from high leverage, competition, technology shifts, and regulatory and legal matters.
Lumen Technologies reported first-quarter 2026 revenue of $2,899 million, down from $3,182 million a year earlier, reflecting the sale of its Mass Markets Fiber-to-the-Home business and ongoing legacy service declines. Despite an operating income jump to $602 million, driven by a $596 million gain on that divestiture, Lumen posted a net loss of $200 million, similar to the prior-year loss of $201 million, mainly due to higher income tax expense of $377 million and a $226 million loss on early debt retirement.
The company received pre-tax proceeds of $5.72 billion from selling its Fiber-to-the-Home operations in 11 states to AT&T and used $4.77 billion to repurchase superpriority loans and secured notes, cutting long-term debt from $17,353 million to $12,925 million. Cash and cash equivalents rose to $1,625 million, but Lumen still reported a stockholders’ deficit of $1,317 million. Adjusted EBITDA improved to $1,279 million from $830 million, helped by the gain on sale and lower network costs, while management now evaluates performance on a single consolidated segment focused on digital networking and strategic enterprise services.
Lumen Technologies reported weaker Q3 results. Operating revenue was $3,087 million versus $3,221 million a year ago. The company posted an operating loss of $116 million compared to operating income of $126 million last year, and a net loss of $621 million versus a net loss of $148 million.
Year to date, the net loss reached $1,737 million, reflecting a $628 million non-cash goodwill impairment recognized in Q2 and losses on early debt retirement. Operating cash flow strengthened to $4,176 million for the first nine months, while capital expenditures were $2,723 million. Long-term debt stood at $17,578 million.
Lumen classified its Mass Markets fiber-to-the-home business as held for sale, showing $3,765 million of assets and $36 million of liabilities. The pending sale to AT&T is for $5.75 billion in cash, with closing anticipated in early 2026, subject to approvals. Shares outstanding were 1,025,643,740 as of October 28, 2025.