Filing Flows › Lumen Technologies (LUMN) › Q2 2026 › vs Q2 2025
Lumen Technologies (LUMN) Q2 2026 vs Q2 2025 (year over year)
Lumen Technologies's revenue fell $287M (-9%) from $3.1B in Q2 2025 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.5% | -10.4% | +12.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $3.1B | −$287M | -9% |
| Income tax benefit | $54.0M | $234M | −$180M | -77% |
| Net loss | $201M | $915M | −$714M | -78% |
| Costs & expenses | $3.1B | $4.2B | −$1.2B | -28% |
| Operating costs | $2.9B | $3.7B | −$802M | -22% |
| Interest & other, net | $167M | $546M | −$379M | -69% |
| Cost of revenue | $1.4B | $1.6B | −$209M | -13% |
| SG&A | $779M | $755M | $24.0M | +3% |
| Other operating costs | $699M | $1.3B | −$617M | -47% |
| Operating cash sources | $1.2B | $1.5B | −$313M | -21% |
| Depreciation & amortization | $668M | $688M | −$20.0M | -3% |
| Share-based compensation | $18.0M | $12.0M | $6.0M | +50% |
| Working capital & other | $486M | $785M | −$299M | -38% |
| Net loss absorbed | $201M | $915M | −$714M | -78% |
| Operating cash flow | $971M | $570M | $401M | +70% |
| Free cash flow (OCF − capex) | $69.0M | −$321M | $390M | — |
| Capital expenditures | $902M | $891M | $11.0M | +1% |
Questions
How much did Lumen Technologies's revenue grow year over year in Q2 2026?
Lumen Technologies's revenue fell $287M (-9%) from $3.1B in Q2 2025 to $2.8B in Q2 2026.