# Lumen Technologies Inc. (LUMN)

**Exchange:** NYSE  
**Sector:** Communication Services  
**Market cap:** $8.43B  
**Price:** $8.48 (+2.66%)

> Lumen Technologies Inc. is a global communications services provider specializing in networking, edge cloud, collaboration, and cybersecurity solutions for businesses. It operates primarily through its Business segment, delivering integrated communications to enterprise, commercial, and small business customers via four sales channels, while the Mass Markets segment serves consumer and small business needs. Key offerings include adaptive networking services such as SD-WAN, MPLS/IPVPN, Ethernet, wavelength services, dark fiber, and private lines; edge cloud capabilities like big data as a service, IoT, cloud application management, private and public cloud, and resiliency services; connected security solutions including DDoS protection, web application firewalls, and threat management; and collaboration tools ranging from voice over IP to unified communications. Lumen Technologies Inc. maintains one of the world's largest, most connected internet networks, positioning it as a critical backbone for AI-ready infrastructure, data center connectivity, and high-performance, low-latency applications. Founded in 1930 and headquartered in Monroe, Louisiana, it focuses on secure, effortless connections for people, data, and apps in the telecommunications sector.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $12.40B | $5.76B | -$184M | -$1.74B | $-1.75 |
| 2024 | $13.11B | $6.41B | $477M | -$55M | $-0.06 |
| 2023 | $14.56B | $7.41B | $1.07B | -$10.30B | $-10.48 |
| 2022 | $17.48B | $9.61B | $3.29B | -$1.55B | $-1.54 |
| 2021 | $19.69B | $11.20B | $4.29B | $2.03B | $1.91 |
| 2020 | $20.71B | $11.78B | $3.57B | -$1.23B | $-1.14 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $34.38B | $35.46B | -$1.12B | $1.00B | $17.35B |
| 2024 | $33.50B | $33.03B | $464M | $1.89B | $17.49B |
| 2023 | $34.02B | $33.60B | $417M | $2.23B | $19.83B |
| 2022 | $45.61B | $35.24B | $10.37B | $1.25B | $20.42B |
| 2021 | $57.99B | $46.15B | $11.84B | $354M | $27.43B |
| 2020 | $59.39B | $48.23B | $11.16B | $406M | $29.41B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $3.16B | $47M | $371M |
| 2024 | $4.88B | $366M | $1.10B |
| 2023 | -$8.23B | $165M | -$940M |
| 2022 | $1.38B | $120M | $1.72B |
| 2021 | $6.38B | $135M | $3.60B |
| 2020 | $3.70B | $153M | $2.79B |

Source: [CompaniesByCap](https://companiesbycap.com/company/LUMN)