Lumen Technologies, Inc.
For the period ended Mar 31, 2026. Filed May 5, 2026.
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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.
Mar 31, 2026 · Filed May 5, 2026
LUMN$4.71+9.0%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations (Unaudited)
CONSOLIDATED STATEMENTS OF OPERATIONS
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| (Dollars in millions, except per share amounts, and shares in thousands) | ||
| OPERATING REVENUE | $2,899 | 3,182 |
| OPERATING EXPENSES | ||
| Cost of services and products (exclusive of depreciation and amortization) | 1,435 | 1,687 |
| Selling, general and administrative | 794 | 675 |
| Net gain on sale of business | (596) | — |
| Depreciation and amortization | 664 | 713 |
| Total operating expenses | 2,297 | 3,075 |
| OPERATING INCOME | 602 | 107 |
| OTHER (EXPENSE) INCOME | ||
| Interest expense | (225) | (347) |
| Net loss on early retirement of debt (Note 5) | (226) | (35) |
| Other income, net | 26 | 30 |
| Total other expense, net | (425) | (352) |
| INCOME (LOSS) BEFORE INCOME TAXES | 177 | (245) |
| Income tax expense (benefit) | 377 | (44) |
| NET LOSS | $(200) | (201) |
| BASIC AND DILUTED LOSS PER COMMON SHARE | ||
| BASIC | $(0.20) | (0.20) |
| DILUTED | $(0.20) | (0.20) |
| WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING | ||
| BASIC | 998,891 | 991,269 |
| DILUTED | 998,891 | 991,269 |
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