Lumen Technologies, Inc.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
LUMN$4.71+9.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Years Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (Dollars in millions, except per shareamounts, and shares in thousands) | |||
| OPERATING REVENUE | $12,402 | 13,108 | 14,557 |
| OPERATING EXPENSES | |||
| Cost of services and products (exclusive of depreciation and amortization) | 6,638 | 6,703 | 7,144 |
| Selling, general and administrative | 3,199 | 2,972 | 3,198 |
| Net loss on sale of businesses | — | 17 | 121 |
| Depreciation and amortization | 2,749 | 2,956 | 2,985 |
| Goodwill impairment | 628 | — | 10,693 |
| Total operating expenses | 13,214 | 12,648 | 24,141 |
| OPERATING (LOSS) INCOME | (812) | 460 | (9,584) |
| OTHER EXPENSE | |||
| Interest expense | (1,284) | (1,372) | (1,158) |
| Net (loss) gain on early retirement of debt (Note 7) | (740) | 348 | 618 |
| Other income (expense), net | 120 | 334 | (113) |
| Total other expense, net | (1,904) | (690) | (653) |
| LOSS BEFORE INCOME TAXES | (2,716) | (230) | (10,237) |
| Income tax (benefit) expense | (977) | (175) | 61 |
| NET LOSS | $(1,739) | (55) | (10,298) |
| BASIC AND DILUTED LOSS PER SHARE OF COMMON STOCK | |||
| BASIC | $(1.75) | (0.06) | (10.48) |
| DILUTED | $(1.75) | (0.06) | (10.48) |
| WEIGHTED AVERAGE COMMON STOCK OUTSTANDING | |||
| BASIC | 994,548 | 987,680 | 983,081 |
| DILUTED | 994,548 | 987,680 | 983,081 |
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