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Lumen Technologies LUMN Accrued Expenses

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Other financials

Income statement

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Revenue$2.9B-8.9%
Gross profit$1.5B-2.1%
Operating income$602.0M+463%
Net income-$200.0M+0.5%
EPS (diluted)-$0.200.0%

Balance sheet

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Cash & equivalents$1.6B-14.4%
Total debt$13.4B-29.0%
Total equity-$1.3B-556%
Total assets$30.6B-8.7%

Cash flow

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Operating cash flow$1.3B+20.8%
CapEx$943.0M+19.2%
Free cash flow$380.0M+25.0%

Valuation

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Market cap$6.85B+78.5%
Enterprise value$18.63B-12.9%
P/S0.6×+0.3×

Profitability

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Gross margin47.3%-0.9pp
Operating margin-2.6%-6.6pp
Net margin-14.3%
FCF margin-3.9%-9.2pp

Returns & leverage

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Return on equity-170.9%+20.5pp
Debt / equity65.4×+26.1×
Current ratio-0.2×

Where this comes from

Reported directly by Lumen Technologies in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Lumen Technologies’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000018926-26-000046
Line itemMarch 31, 2026December 31, 2025
Current maturities of long-term debt$3588
Accounts payable1,2271,508
Accrued expenses and other liabilities
Salaries and benefits635854
Income and other taxes587279
Current operating lease liabilities290266
Interest113149
Other current liabilities229203

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's accrued expenses?
Lumen Technologies (LUMN) reported accrued expenses of $635M in Q1 2026.
How has Lumen Technologies's accrued expenses changed year-over-year?
Lumen Technologies's accrued expenses increased by 12.8% year-over-year, from $563M to $635M.
What is the long-term trend for Lumen Technologies's accrued expenses?
Over 5 years (2020 to 2025), Lumen Technologies's accrued expenses has grown at a -3.3% compound annual growth rate (CAGR), from $1.01B to $854M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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