What is Lumen Technologies's legacy — OPERATING REVENUE?

Lumen Technologies (LUMN) reported legacy — OPERATING REVENUE of $1.2B in Q1 2026.

What does legacy — OPERATING REVENUE mean?

This metric represents the total revenue generated from mature, declining telecommunications product lines, such as traditional copper-based voice and legacy data services. It serves as a key indicator of the company's exposure to sunsetting technologies as it pivots toward modern fiber and enterprise solutions. Tracking this segment helps investors assess the pace of revenue erosion from legacy assets versus the growth of new business segments.

Lumen Technologies (LUMN) Legacy — OPERATING REVENUE

Screener

Other product segments

Strategic

$1.25B—

Other Broadband

$205M-20.2%

Voice and Other

$158M-17.7%

Fiber Broadband

$92M-56.0%

Similar metrics at other companies

TLegacy — Total operating revenues

$1.63B-25.9%

NWETotal Revenue — Operating revenues

$497.57M+6.6%

OPLNFinance revenue — Operating revenues

$106.4M-2.3%

NWN

NWNAlternative revenue — Operating revenues

$25.54M+15.5%

OPLNInterest revenue — Operating revenues

$57.28M-0.9%

CWENOther revenue — Total operating revenues

$16M-20.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.3B+20.8%

CapEx$943.0M+19.2%

Free cash flow$380.0M+25.0%

Valuation

See full

Market cap$6.27B+62.5%

Enterprise value$18.05B-15.7%

P/S0.5×+0.2×

Profitability

See full

Gross margin47.3%-0.9pp

Operating margin-2.6%-6.6pp

Net margin-14.3%—

FCF margin-3.9%-9.2pp

Returns & leverage

See full

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:Revenues.

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 item	Total Revenue	Adjustments for Non-ASC 606 Revenue (1)	Total revenue from Contracts with Customers
Total International and Other	73	(1)	72
Business Revenue by Product Category
Strategic	1,246	(240)	1,006
Legacy	1,198	(41)	1,157
Total Business Revenue	2,444	(281)	2,163
Mass Markets by Product Category
Fiber Broadband	92	(17)	75
Other Broadband	205	(2)	203

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's legacy — OPERATING REVENUE?: Lumen Technologies (LUMN) reported legacy — OPERATING REVENUE of $1.2B in Q1 2026.
What does legacy — OPERATING REVENUE mean?: This metric represents the total revenue generated from mature, declining telecommunications product lines, such as traditional copper-based voice and legacy data services. It serves as a key indicator of the company's exposure to sunsetting technologies as it pivots toward modern fiber and enterprise solutions. Tracking this segment helps investors assess the pace of revenue erosion from legacy assets versus the growth of new business segments.