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Lumen Technologies LUMN Reportable Segment — Adjusted EBITDA

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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$6.27B+62.5%
Enterprise value$18.05B-15.7%
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 lumn:IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxDepreciationAndAmortization.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$2,8993,182
Operating expenses
Cost of services and products related to network expenses8371,018
Headcount costs643619
Non-headcount costs736715
Net gain on sale of business(596)
Adjusted EBITDA$1,279830

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's reportable segment — adjusted EBITDA?
Lumen Technologies (LUMN) reported reportable segment — adjusted EBITDA of $1.28B in Q1 2026.
What does reportable segment — adjusted EBITDA mean?
This metric measures the operational cash flow potential of a business segment by excluding interest, taxes, depreciation, amortization, and other non-cash or non-recurring items. It is a key performance indicator used to evaluate the underlying profitability and cash-generating capability of the segment's core operations. It allows for a standardized comparison of operational performance across segments with different capital structures or asset bases.

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