Lumen Technologies, Inc.(LUMN)Stock Analysis
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Rank #1,960 of 2,879 stocks
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
LUMN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Lumen Technologies, Inc. (LUMN), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores LUMN at 39.8/100 on a 32-signal composite quality model, placing it at rank #1,960 of 2,879 stocks — the bottom half of the AI-ranked universe. LUMN scores in the top quartile across revenue scale (87.5). Areas of concern include revenue growth (11.6) and profitability (15.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), Lumen Technologies, Inc. reports quarterly revenue of $2.9B, net income of $-200.0M, free cash flow of $380.0M. Top institutional holders of LUMN by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET, based on the most recent SEC filings. LUMN trades on the NYSE exchange and files with the SEC under CIK 18926. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate LUMN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Lumen Technologies, Inc. directly from SEC EDGAR. Lumen Technologies, Inc.'s 13F Pro composite quality score has ranged between 8 and 61 since 2021, currently 39.8 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$2.9B
Net Income
Q1 2026
$-200.0M
Free Cash Flow
Q1 2026
$380.0M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-5.4% YoYNet Income
-3061.8% YoYOperating Income
-276.5% YoYEPS (Diluted)
-2816.7% YoYTotal Assets
+2.5% YoYTotal Debt
-2.6% YoYOp. Cash Flow
+9.3% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $12.40B -5.4% | $13.11B -10.0% | $14.56B -16.7% | $17.48B -11.2% | $19.69B -4.9% | $20.71B |
| Net Income | $-1.74B -3061.8% | $-55.0M +99.5% | $-10.30B -565.2% | $-1.55B -176.1% | $2.03B +265.0% | $-1.23B |
| Operating Income | $-812.0M -276.5% | $460.0M +104.8% | $-9.58B -10188.4% | $95.0M -97.8% | $4.29B +345.4% | $962.0M |
| EPS (Diluted) | $-1.75 -2816.7% | $-0.06 +99.4% | $-10.48 -580.5% | $-1.54 -180.6% | $1.91 +267.5% | $-1.14 |
| Total Assets | $34.34B +2.5% | $33.50B -1.5% | $34.02B -25.4% | $45.61B -21.3% | $57.99B -2.4% | $59.39B |
| Total Debt | $17.44B -2.6% | $17.91B -10.4% | $19.99B -2.8% | $20.57B -29.0% | $28.98B -9.0% | $31.84B |
| Operating Cash Flow | $4.74B +9.3% | $4.33B +100.6% | $2.16B -54.4% | $4.74B -27.2% | $6.50B -0.4% | $6.52B |
AI Insight: LUMN Financial Trends
Lumen's revenue declined 11% to $2.9B in Q1 2026 while debt was cut $4.7B from prior year, but equity remains deeply negative at -$1.3B.
• Revenue fell from $3,268M in Q2 2024 to $2,899M in Q1 2026, an 11% decline over eight quarters.
• Total debt decreased from $17,664M in Q1 2025 to $12,960M in Q1 2026, a $4.7B reduction.
• Equity turned negative in Q2 2025 and worsened to -$1,317M in Q1 2026 from +$289M in Q1 2025.
• Operating income swung from -$200M in Q4 2025 to +$602M in Q1 2026, the highest level since Q4 2024.
⚠ Continued revenue decline trend with Q1 2026 marking the lowest quarterly revenue in the dataset at $2,899M.
⚠ Deeply negative equity position of -$1.3B raises questions about balance sheet stability despite debt reduction efforts.
AI Insight: LUMN Ratio Trends
Lumen's operating margin swung dramatically from -19.5% in Q2 2025 to +20.8% in Q1 2026, signaling extreme volatility in operational performance.
• Operating margin improved sharply from -6.6% in Q4 2025 to 20.8% in Q1 2026.
• ROIC turned positive at 20.7% in Q1 2026 after four consecutive quarters of negative returns.
• Net profit margin remained negative at -6.9% in Q1 2026 despite operating margin recovery.
⚠ Extreme quarterly volatility with operating margins ranging from -19.5% to +20.8% over past four quarters.
⚠ TTM operating margin of -2.6% remains negative despite Q1 2026 improvement.
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Top Institutional Holders of LUMN
BlackRock, Inc.
$955.4M137,465,704 shVANGUARD PORTFOLIO MANAGEMENT LLC
$431.7M62,119,909 shSTATE STREET CORP
$319.8M46,012,329 shVANGUARD CAPITAL MANAGEMENT LLC
$289.3M41,631,209 shFMR LLC
$218.3M31,411,920 shGEODE CAPITAL MANAGEMENT, LLC
$159.3M22,867,581 shGOLDMAN SACHS GROUP INC
$156.7M22,543,945 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$119.4M17,175,568 shD. E. Shaw & Co., Inc.
$104.5M15,034,113 shDIMENSIONAL FUND ADVISORS LP
$104.2M14,994,640 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $955.4M | 137,465,704 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $431.7M | 62,119,909 |
| STATE STREET CORP | $319.8M | 46,012,329 |
| VANGUARD CAPITAL MANAGEMENT LLC | $289.3M | 41,631,209 |
| FMR LLC | $218.3M | 31,411,920 |
| GEODE CAPITAL MANAGEMENT, LLC | $159.3M | 22,867,581 |
| GOLDMAN SACHS GROUP INC | $156.7M | 22,543,945 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $119.4M | 17,175,568 |
| D. E. Shaw & Co., Inc. | $104.5M | 15,034,113 |
| DIMENSIONAL FUND ADVISORS LP | $104.2M | 14,994,640 |
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Popular Research
Is LUMN a good stock to buy?
13F Pro's AI-powered analysis of Lumen Technologies, Inc. (LUMN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for LUMN are available on the LUMN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own LUMN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling LUMN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Lumen Technologies, Inc.'s investment landscape.