Lumen Reports Third-Quarter Revenue of $2.715 Billion as Strategic Revenue Rises 10% to $1.28 Billion, or 55% of Business Revenue; Net Loss Narrows to $265 Mill
DENVER, Colorado — Lumen Technologies, Inc. (Nasdaq: LUMN) reported third-quarter 2026 results on November 4. According to the company's investor relations earnings release, total revenue was $2.715 billion, compared with $3.087 billion in the third quarter of 2025, with business revenue of $2.346 billion.
The release said strategic revenue grew 10% year over year to $1.28 billion, representing 55% of business revenue, up from 53% in the second quarter. The company reported a net loss of $265 million, compared with a net loss of $621 million a year earlier. Adjusted EBITDA, excluding special items of $194 million in the quarter and $216 million a year earlier, was $715 million, compared with $787 million in the third quarter of 2025. Net cash provided by operating activities was $518 million, compared with $2.5 billion a year earlier. As of September 30, 2026, Lumen had cash and cash equivalents of $978 million.
The release noted that third-quarter revenue was positively impacted by $27 million related to support payments received under the Federal Communications Commission's Connect America Fund. The company said strategic revenue growth continued, that it remains on track for the adjusted EBITDA inflection in 2026, and that it continues to advance its transformation.
—-
Source: Lumen Technologies
Published by GSM · USA (original Chinese edition)
Photo: 工人正在安装光缆熔接设备。（美国空军照片／公共领域）| A technician working on fiber-optic splicing equipment. (U.S. Air Force photo / public domain)
Nature Communications Study Shows DNA Binding Drives Ku70/Ku80 Dimerization, Exposing a Hidden Site That Lets APLF Bridge Broken DNA Ends2026-11-09
Rose Coral Colony Mapped at 1.56 Kilometers Along Outer Reef of Cocos (Keeling) Islands: 36.5 Meters Average Width and 56,940 Square Meters, Among the Largest K2026-11-09