What does broadband — revenue not from contract with customer mean?

This metric captures revenue streams within the broadband segment that are derived from sources outside of standard customer service contracts. This often includes regulatory subsidies, universal service fund receipts, or non-recurring equipment sales that do not fall under traditional subscription agreements. Monitoring this helps distinguish between core recurring subscription growth and peripheral or non-contractual revenue sources.

Lumen Technologies LUMN Broadband — Revenue Not from Contract with Customer

Discontinued — last reported Q4 '20

Similar metrics at other companies

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WMBRevenue Not from Contract with Customer, Other

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DOther Nonregulated Revenues — Revenue

$84M+42.4%

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$8.45B+79.1%

Enterprise value$20.23B-9.8%

P/S0.7×+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 ratio1×-0.2×

Where this comes from

Reported directly by Lumen Technologies in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The official record: Lumen Technologies’s 10-K, filed February 25, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does broadband — revenue not from contract with customer mean?: This metric captures revenue streams within the broadband segment that are derived from sources outside of standard customer service contracts. This often includes regulatory subsidies, universal service fund receipts, or non-recurring equipment sales that do not fall under traditional subscription agreements. Monitoring this helps distinguish between core recurring subscription growth and peripheral or non-contractual revenue sources.