← Lumen Technologies, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $17.5b $17.7b $23.4b $22.4b $20.7b $19.7b $17.5b $14.6b $13.1b $12.4b
Revenue from Contract with Customer, Including Assessed Tax — — $21.9b — — — — — — —
Cost of Revenue $7.8b $8.2b $10.9b $10.1b $8.9b $8.5b $7.9b $7.1b $6.7b $6.6b
Operating Expenses $15.1b $15.6b $22.9b — — — — — — —
Operating Income (Loss) $2.3b $2.0b $570.0m ($2.7b) $962.0m $4.3b $95.0m ($9.6b) $460.0m ($812.0m)
Additional Financial Items
Goodwill, Impairment Loss — — $2.7b $6.5b $2.6b $0 $3.3b $10.7b $0 $628.0m
Amortization of Intangible Assets $1.2b $1.2b $1.8b $1.7b $1.7b $1.3b $1.1b $1.1b $1.1b $1.0b
Gain (Loss) on Investments — — — — — — ($83.0m) ($75.0m) — —
Gain (Loss) Related to Litigation Settlement — — — ($71.0m) — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.0b $540.0m $1.6b $4.8b $782.0m $2.7b $991.0m $10.2b $230.0m ($2.7b)
Operating Lease, Lease Income — — — $1.4b $1.3b $1.2b $1.2b $1.0b $1.0b $1.1b
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $0 $0 — — — — — — — —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.0b $540.0m ($1.6b) ($4.8b) ($782.0m) $2.7b ($991.0m) ($10.2b) ($230.0m) ($2.7b)
Net Income (Loss) Attributable to Parent $626.0m $1.4b ($1.7b) ($5.3b) ($1.2b) $2.0b ($1.5b) ($10.3b) ($55.0m) ($1.7b)
Net Income (Loss) Available to Common Stockholders, Basic $626.0m $1.4b ($1.7b) ($5.3b) ($1.2b) $2.0b ($1.5b) ($10.3b) ($55.0m) ($1.7b)
Earnings Per Share, Basic $1.16 $2.21 ($1.63) ($4.92) ($1.14) $1.92 ($1.54) ($10.48) ($0.06) ($1.75)
Earnings Per Share, Diluted $1.16 $2.21 ($1.63) ($4.92) ($1.14) $1.91 ($1.54) ($10.48) ($0.06) ($1.75)
Common Stock, Dividends, Per Share, Declared $1.16 $2.21 $2.16 $1.00 $1.00 $1.00 $0.75 $0.00 $0.00 ($1.75)
Preferred Stock, Dividends Per Share, Declared $1.16 $2.21 ($1.63) $25.00 $25.00 $25.00 $25.00 $25.00 $25.00 $25.00
Weighted Average Number of Shares Outstanding, Basic 539.5m 627.8m 1.1b 1.1b 1.1b 1.1b 1.0b 983.1m 987.7m 994.5m
Weighted Average Number of Shares Outstanding, Diluted 540.7m 628.7m 1.1b 1.1b 1.1b 1.1b 1.0b 983.1m 987.7m 994.5m
Selling, General and Administrative Expense $3.4b $3.5b $4.2b $3.7b $3.5b $2.9b $3.1b $3.2b $3.0b $3.2b
Other Nonoperating Income (Expense) $7.0m $12.0m $44.0m ($19.0m) ($76.0m) ($62.0m) $246.0m ($113.0m) $334.0m $120.0m
Interest Expense (non-operating) — — — — — — — — $1.4b $1.3b
Current Income Tax Expense (Benefit) $394.0m $849.0m $170.0m $503.0m $450.0m $668.0m $557.0m $61.0m $175.0m ($272.0m)
Interest Expense $1.3b $1.5b $2.2b $2.0b $1.7b $1.5b $1.3b $1.2b $1.4b $1.3b
Income Tax Expense (Benefit) $394.0m ($849.0m) $170.0m $503.0m $450.0m $668.0m $557.0m $61.0m ($175.0m) ($977.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.