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Lumen Technologies Reports Solid Second Quarter 2026 Results; Digital Transformation Accelerates

$LUMNPress releaseAug 4, 2026, 4:01 PM ETRead the release

Lumen Technologies reported Q2 2026 revenue of $2.805 billion, a 9% decrease year-over-year, driven largely by the divestiture of its Mass Markets business, while strategic revenue grew to represent 53% of total business revenue. The company generated free cash flow of $327 million excluding special items, a significant turnaround from a loss of $(209) million in the prior year, supported by $971 million in net cash from operating activities.

Key figures

Revenue
$2.805 billion
Guidance
Adjusted EBITDA $3.1-$3.3 billion; Free Cash Flow $1.9-$2.1 billion
Fcf
327000000
Cash balance
1876000000
Naas customers
3000
Adjusted ebitda
802000000
Strategic revenue pct
53%
Net cash from operations
971000000

AI analysis

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