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Lumen Technologies LUMN Consumer Broadband — Revenue Not from Contract with Customer

Discontinued — last reported Q4 '22

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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$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 ratio-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 23, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lumen Technologies's consumer broadband — revenue not from contract with customer?
Lumen Technologies (LUMN) reported consumer broadband — revenue not from contract with customer of $4.5M in Q4 2022.
How has Lumen Technologies's consumer broadband — revenue not from contract with customer changed year-over-year?
Lumen Technologies's consumer broadband — revenue not from contract with customer increased by 102.9% year-over-year, from -$157M to $4.5M.
What does consumer broadband — revenue not from contract with customer mean?
This metric captures revenue streams within the consumer broadband segment that are derived from sources other than standard service contracts with customers. This typically includes non-recurring charges, equipment sales, regulatory fees, or other ancillary income that does not fall under the scope of a formal customer service agreement. Monitoring this metric helps investors distinguish between core subscription-based recurring revenue and more variable, non-contractual income sources.