For the year ending 2025-12-31, LUMN made $12,402M in revenue. -$1,739M in net income. Net profit margin of -14.02%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Operating revenue | 12,402 | 13,108 | 14,557 | 17,478 |
| Cost of services and products (exclusive of depreciation and amortization) | 6,638 | 6,703 | 7,144 | 7,868 |
| Selling, general and administrative | 3,199 | 2,972 | 3,198 | 3,078 |
| Net loss on sale of businesses | 0 | -17 | -121 | 773 |
| Loss on disposal groups held for sale | - | 0 | 0 | -700 |
| Depreciation and amortization | 2,749 | 2,956 | 2,985 | 3,239 |
| Goodwill impairment | 628 | 0 | 10,693 | 3,271 |
| Total operating expenses | 13,214 | 12,648 | 24,141 | 17,383 |
| Operating (loss) income | -812 | 460 | -9,584 | 95 |
| Interest expense | 1,284 | 1,372 | 1,158 | 1,332 |
| Net gain on early retirement of debt (note 7) | - | - | 618 | - |
| Net (loss) gain on early retirement of debt (note 7) | -740 | 348 | - | - |
| Other income (expense), net | 120 | 334 | -113 | 246 |
| Total other expense, net | -1,904 | -690 | -653 | -1,086 |
| Loss before income taxes | -2,716 | -230 | -10,237 | -991 |
| Income tax (benefit) expense | -977 | -175 | 61 | 557 |
| Net loss | -1,739 | -55 | -10,298 | -1,548 |
| Basic EPS | -1.75 | -0.06 | -10.48 | -1.54 |
| Diluted EPS | -1.75 | -0.06 | -10.48 | -1.54 |
| Basic Average Shares | 994,548,000 | 987,680,000 | 983,081,000 | 1,007,517,000 |
| Diluted Average Shares | 994,548,000 | 987,680,000 | 983,081,000 | 1,007,517,000 |
Lumen Technologies, Inc. (LUMN)
Lumen Technologies, Inc. (LUMN)