Filing Flows › Lumen Technologies (LUMN) › Q2 2025
Lumen Technologies (LUMN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
Lumen Technologies (LUMN) reported revenue of $3.1B for the second quarter 2025 (Q2 2025), -5% from a year earlier and -3% from the quarter before. Operating margin was -19.5%, net loss $915M (29.6% of revenue).
Lumen Technologies, Q2 2025: revenue $3.1B (-5% year over year), operating margin -19.5%, net loss $915M, operating cash flow $570M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.1B | -3% | -5% |
| Operating profit | −$603M | -664% | — |
| Net earnings | −$915M | — | — |
| Operating cash flow | $570M | -48% | +12% |
What changed
Revenue was $3.1B in Q2 2025, down 5% year over year and down 3% from the previous quarter. Business was the largest line at 81% of revenue. Business lost $0.09B year over year (down 3%), 50% of the total change.
Operating costs exceeded revenue by $0.60B, an operating margin of -19.5%. Total costs grew 18% against a revenue fall of 5%. The fastest-growing cost line was Other operating costs (+78%). The quarter ended with a net loss of $0.92B, wider than the previous quarter's $0.20B loss. Net interest and other expense of $0.55B was the main reason.
Operating cash flow was $0.57B (up 12% year over year). Non-cash charges added back $0.69B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.79B. Capital expenditures of $0.89B exceeded it, leaving free cash flow of −$0.32B.
Questions
What was Lumen Technologies' revenue in the second quarter 2025?
Lumen Technologies (LUMN) reported revenue of $3.1B for the second quarter 2025 (Q2 2025), -5% from a year earlier and -3% from the quarter before.
Was Lumen Technologies profitable in the second quarter 2025?
Operating loss was $603M (-19.5% of revenue) and net loss $915M.
Source: Lumen Technologies 10-Q on SEC EDGAR.