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Lumen Technologies (LUMN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Lumen Technologies (LUMN) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), -9% from a year earlier and -3% from the quarter before. Operating margin was -3.1%, net loss $201M (7.2% of revenue).

Revenue$2.8B
Year over year-9%
Quarter over quarter-3%
Operating margin-3.1%
Net earnings−$201M

Lumen Technologies, Q2 2026: revenue $2.8B (-9% year over year), operating margin -3.1%, net loss $201M, operating cash flow $971M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$2.8B-3%-9%
Operating profit−$88.0M-115%—
Net earnings−$201M——
Operating cash flow$971M-27%+70%
Free cash flow$69.0M-82%—

What changed

Revenue was $2.8B in Q2 2026, down 9% year over year and down 3% from the previous quarter.

Operating costs exceeded revenue by $0.09B, an operating margin of -3.1%. Total costs fell 22% while revenue fell 9%. The quarter ended with a net loss of $0.20B, wider than the previous quarter's $0.20B loss. Net interest and other expense of $0.17B was the main reason.

Operating cash flow was $1.0B (up 70% year over year). Non-cash charges added back $0.67B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.49B. Capital expenditures of $0.90B left free cash flow of $0.07B.

Questions

What was Lumen Technologies' revenue in the second quarter 2026?

Lumen Technologies (LUMN) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), -9% from a year earlier and -3% from the quarter before.

Was Lumen Technologies profitable in the second quarter 2026?

Operating loss was $88.0M (-3.1% of revenue) and net loss $201M.

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Source: Lumen Technologies 10-Q on SEC EDGAR.