Lumen Technologies, Inc.

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

LUMN$4.71+9.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations (Unaudited)

CONSOLIDATED STATEMENTS OF OPERATIONS

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
(Dollars in millions, except per share amounts, and shares in thousands)
OPERATING REVENUE	$3,092	3,268	6,274	6,558
OPERATING EXPENSES
Cost of services and products (exclusive of depreciation and amortization)	1,624	1,653	3,311	3,305
Selling, general and administrative	755	742	1,430	1,565
Net (gain) loss on sale of business	—	(5)	—	17
Depreciation and amortization	688	743	1,401	1,491
Goodwill impairment	628	—	628	—
Total operating expenses	3,695	3,133	6,770	6,378
OPERATING (LOSS) INCOME	(603)	135	(496)	180
OTHER (EXPENSE) INCOME
Interest expense	(338)	(373)	(685)	(664)
Net (loss) gain on early retirement of debt (Note 5)	(236)	3	(271)	278
Other income, net	28	194	58	267
Total other expense, net	(546)	(176)	(898)	(119)
(LOSS) INCOME BEFORE INCOME TAXES	(1,149)	(41)	(1,394)	61
Income tax (benefit) expense	(234)	8	(278)	53
NET (LOSS) INCOME	$(915)	(49)	(1,116)	8
BASIC AND DILUTED (LOSS) EARNINGS PER COMMON SHARE
BASIC	$(0.92)	(0.05)	(1.12)	0.01
DILUTED	$(0.92)	(0.05)	(1.12)	0.01
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING
BASIC	994,543	987,239	992,906	986,047
DILUTED	994,543	987,239	992,906	987,224

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.