Filing Flows › Lumen Technologies (LUMN) › Q2 2026 › vs Q1 2026
Lumen Technologies (LUMN) Q2 2026 vs Q1 2026 (quarter over quarter)
Lumen Technologies's revenue fell $94.0M (-3%) from $2.9B in Q1 2026 to $2.8B in Q2 2026.
Lumen Technologies, Q2 2026: revenue $2.8B (-9% year over year), operating margin -3.1%, net loss $201M, operating cash flow $971M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.5% | 13.1% | -10.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $2.9B | −$94.0M | -3% |
| Income tax benefit | $54.0M | −$377M | $431M | — |
| Net loss | $201M | $200M | $1.0M | +0.5% |
| Costs & expenses | $3.1B | $3.1B | −$39.0M | -1% |
| Operating costs | $2.9B | $2.3B | $596M | +26% |
| Interest & other, net | $167M | $425M | −$258M | -61% |
| Cost of revenue | $1.4B | $1.4B | −$20.0M | -1% |
| SG&A | $779M | $794M | −$15.0M | -2% |
| Other operating costs | $699M | $68.0M | $631M | +928% |
| Operating cash sources | $1.2B | $1.5B | −$351M | -23% |
| Depreciation & amortization | $668M | $664M | $4.0M | +0.6% |
| Share-based compensation | $18.0M | $13.0M | $5.0M | +38% |
| Working capital & other | $486M | $846M | −$360M | -43% |
| Net loss absorbed | $201M | $200M | $1.0M | +0.5% |
| Operating cash flow | $971M | $1.3B | −$352M | -27% |
| Free cash flow (OCF − capex) | $69.0M | $380M | −$311M | -82% |
| Capital expenditures | $902M | $943M | −$41.0M | -4% |
Questions
How much did Lumen Technologies's revenue grow quarter over quarter in Q2 2026?
Lumen Technologies's revenue fell $94.0M (-3%) from $2.9B in Q1 2026 to $2.8B in Q2 2026.