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Lumen Technologies LUMN Deferred Revenue

Deferred Revenue at other companies

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$7.82B+3.8%
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$4.07B+1.7%
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$133.47M-5.5%
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$66.28M-75.5%
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$655M-8.9%
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$183.91M+76.3%

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$6.09B+57.7%
Enterprise value$17.87B-16.5%
P/S0.5×+0.2×

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:RevenueRemainingPerformanceObligation.

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

As of March 31, 2026, we expect to recognize $5.9 billion of revenue in the future related to performance obligations associated with existing customer contracts that are partially or wholly unsatisfied. As of March 31, 2026, the transaction price related to unsatisfied performance obligations that are expected to be recognized for the remainder of 2026, 2027, and thereafter was $2.2 billion, $1.9 billion and $1.8 billion, respectively.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's deferred revenue?
Lumen Technologies (LUMN) reported deferred revenue of $5.9B in Q1 2026.
How has Lumen Technologies's deferred revenue changed year-over-year?
Lumen Technologies's deferred revenue decreased by 3.3% year-over-year, from $6.1B to $5.9B.
What is the long-term trend for Lumen Technologies's deferred revenue?
Over 5 years (2020 to 2025), Lumen Technologies's deferred revenue has grown at a 53.4% compound annual growth rate (CAGR), from $753M to $6.41B.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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