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Lumen Technologies LUMN Total costs & expenses

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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$6.09B+57.7%
Enterprise value$17.87B-16.5%
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:CostsAndExpenses.

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
Selling, general and administrative794675
Net gain on sale of business(596)
Depreciation and amortization664713
Total operating expenses2,2973,075
OPERATING INCOME602107
OTHER (EXPENSE) INCOME
Interest expense(225)(347)
Net loss on early retirement of debt (Note 5)(226)(35)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Lumen Technologies's total costs & expenses?
Lumen Technologies (LUMN) reported total costs & expenses of $2.3B in Q1 2026.
How has Lumen Technologies's total costs & expenses changed year-over-year?
Lumen Technologies's total costs & expenses decreased by 25.3% year-over-year, from $3.08B to $2.3B.
What is the long-term trend for Lumen Technologies's total costs & expenses?
Over 4 years (2021 to 2025), Lumen Technologies's total costs & expenses has grown at a -3.8% compound annual growth rate (CAGR), from $15.4B to $13.21B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the company during a specific period. It provides a comprehensive view of the total resource consumption required to sustain the business.

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