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Lumen Technologies LUMN Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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 itemMarch 31, 2026December 31, 2025
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS' DEFICIT
Preferred stock—non-redeemable, $25.00 par value, authorized 2,000 and 2,000 shares, issued and outstanding 7 and 7 shares
Common stock, no par value, authorized 2,200,000 and 2,200,000 shares, issued and outstanding 1,029,980 and 1,025,446 shares19,16519,185
Accumulated other comprehensive loss(581)(601)
Accumulated deficit(19,901)(19,701)
Total stockholders' deficit(1,317)(1,117)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT$30,62234,342

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's retained earnings?
Lumen Technologies (LUMN) reported retained earnings of -$19.9B in Q1 2026.
How has Lumen Technologies's retained earnings changed year-over-year?
Lumen Technologies's retained earnings decreased by 9.6% year-over-year, from -$18.16B to -$19.9B.
What is the long-term trend for Lumen Technologies's retained earnings?
Over 5 years (2020 to 2025), Lumen Technologies's retained earnings has grown at a 19.7% compound annual growth rate (CAGR), from -$8.03B to -$19.7B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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