Lumen Technologies (LUMN)
NYSE:LUMN
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.03Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call presented a constructive tone: leadership highlighted meaningful operational and strategic progress (strong NaaS adoption, balance sheet improvement, cloud partnerships, ERP implementation, and the Alkira acquisition) while acknowledging near-term financial headwinds (YoY revenue and EBITDA declines, modest digital revenue, PCF milestone timing and special-item volatility). Management emphasized that transformation is on track, balance sheet strength enables strategic M&A, and Alkira should accelerate the shift to higher-quality digital revenue, supporting a forward-looking positive outlook despite short-term variability.Company Guidance
Revenue and Consensus Beat
Total revenue was in line with company expectations and ahead of Street consensus; total business revenue was $2.44 billion with strategic revenue representing 51% of total (up from 49% in prior quarter), reflecting an improving revenue mix.
Strong NaaS Adoption and Notable Customer Wins
NaaS adoption accelerated: customer adoption +25% QoQ, active ports +35% QoQ, active services +32% QoQ. Nearly 2,500 NaaS customers (over 30% repeat purchasers), >20% of Q1 first-time NaaS adopters were new to Lumen, >60% of existing customers expanded footprint. Two landmark wins: a >600-site financial services branch upgrade and a 300-site logistics deployment.
Balance Sheet Strength and Debt Reduction
Closed fiber-to-the-home sale to AT&T, reducing leverage below 4x and lowering annual interest expense by nearly $300 million. Proceeds were used primarily to pay down debt and $729 million of proceeds were classified as operating cash flow.
Free Cash Flow and Guidance Upgrade
Raised 2026 free cash flow outlook materially (new guidance communicated in the call) and reported first-quarter free cash flow of $756 million (excluding special items). Received roughly $870 million in cash associated with PCF deals in the quarter.
Strategic Acquisition of Alkira to Complete Digital Architecture
Announced intent to acquire Alkira for $475 million (to be financed with cash), expected to close in Q3. Alkira is intended to extend Lumen's programmable network into East-West cloud connectivity, accelerate roadmap execution and is expected to be neutral to margins near-term and accretive as it scales. Management expects potential aggregate CapEx reductions of ~$100–$200 million over time from combined capabilities.
Operational and Reporting Progress
Implemented Phase 2 of ERP (unified ledger), simplified reporting (moving from 3 quarterly filings to 2 and expecting a single parent filing next quarter), and refinanced revolver with a new $825 million facility — all steps that improve operating alignment and transparency.
Product Partnerships and Cloud Integrations
Launched and expanded cloud integration offerings including AWS Interconnect - last mile and Google Cloud private connectivity discovery; Lumen Multi-Cloud Gateway positioned to enable direct cloud on-ramps and capture incremental cross-connect revenue opportunity cited at over $2 billion annually.
LUMN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LUMN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $9.23 | $9.81 | +6.28% |
Feb 03, 2026 | $8.46 | $6.63 | -21.63% |
Oct 30, 2025 | $10.34 | $10.28 | -0.58% |
Jul 31, 2025 | $4.45 | $3.71 | -16.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lumen Technologies (LUMN) report earnings?
Lumen Technologies (LUMN) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Lumen Technologies (LUMN) earnings time?
Lumen Technologies (LUMN) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LUMN EPS forecast?
LUMN EPS forecast for the fiscal quarter 2026 (Q2) is -0.13.
