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Lumen Technologies LUMN Provision for Credit Losses

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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 us-gaap:ProvisionForDoubtfulAccounts.

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
Depreciation and amortization664713
Net gain on sale of business(596)
Deferred income taxes(383)(168)
Provision for uncollectible accounts1213
Net loss on early retirement of debt22635
Stock-based compensation1310
Changes in current assets and liabilities:
Accounts receivable(298)38

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's provision for credit losses?
Lumen Technologies (LUMN) reported provision for credit losses of $12M in Q1 2026.
How has Lumen Technologies's provision for credit losses changed year-over-year?
Lumen Technologies's provision for credit losses decreased by 7.7% year-over-year, from $13M to $12M.
What is the long-term trend for Lumen Technologies's provision for credit losses?
Over 4 years (2021 to 2025), Lumen Technologies's provision for credit losses has grown at a -9.6% compound annual growth rate (CAGR), from $105M to $70M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

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