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Lumen Technologies (LUMN) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Lumen Technologies (LUMN) reported revenue of $2.7B for the third quarter 2026 (Q3 2026), -12% from a year earlier and -3% from the quarter before. Operating margin was -6.2%, net loss $265M (9.8% of revenue).

Revenue$2.7B
Year over year-12%
Quarter over quarter-3%
Operating margin-6.2%
Net earnings−$265M

Lumen Technologies, Q3 2026: revenue $2.7B (-12% year over year), operating margin -6.2%, net loss $265M, operating cash flow $518M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$2.7B-3%-12%
Operating profit−$167M——
Net earnings−$265M——
Operating cash flow$518M-47%-79%

What changed

Revenue was $2.7B in Q3 2026, down 12% year over year and down 3% from the previous quarter.

Operating costs exceeded revenue by $0.17B, an operating margin of -6.2%. Total costs fell 10% while revenue fell 12%. The quarter ended with a net loss of $0.27B, 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 $0.52B (down 79% 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 $0.10B. Capital expenditures of $0.87B exceeded it, leaving free cash flow of −$0.35B.

Questions

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

Lumen Technologies (LUMN) reported revenue of $2.7B for the third quarter 2026 (Q3 2026), -12% from a year earlier and -3% from the quarter before.

Was Lumen Technologies profitable in the third quarter 2026?

Operating loss was $167M (-6.2% of revenue) and net loss $265M.

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Source: Lumen Technologies 10-Q on SEC EDGAR.