Lumen Technologies Reports Solid Third Quarter 2026 Results; Strategic Growth and Operating Leverage Gain Momentum
Business Wire•04/11/2026•16:01 ET
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Key Highlights
- ➤Strategic revenue $1.279 billion, up 10% year over year
- ➤Total revenue $2.715 billion, down 12% year over year
- ➤Free cash flow excluding Special Items $(76) million, versus $1.7 billion
- ➤2026 adjusted EBITDA guidance reiterated at $3.1 to $3.3 billion
- ➤Cumulative signed PCF agreements exceeded $13.5 billion year to date
Expert Statements
Kate Johnson, CEO of Lumen Technologies
“We’re delivering what we promised and building a stronger, more valuable Lumen”
Kate Johnson, CEO of Lumen Technologies
“AI-driven demand for connectivity is fueling momentum in our Strategic revenue base.”
Kate Johnson, CEO of Lumen Technologies
“Customers are choosing our platform to simplify their networks and get more from every connection.”
Kate Johnson, CEO of Lumen Technologies
“As we modernize our portfolio, we’re strengthening the economics of our business and investing in what comes next.”
Chris Stansbury, President and CFO of Lumen Technologies
“Our transformation is translating into financial results: a higher-quality revenue base, with stronger margins and more operating leverage”
Chris Stansbury, President and CFO of Lumen Technologies
“The third-quarter results reinforce that Lumen is being built on Strategic revenue growth, not on preserving the past.”
Chris Stansbury, President and CFO of Lumen Technologies
“We remain on track to deliver adjusted EBITDA inflection this year and return to business revenue growth in 2028.”
Lumen Technologies Reports Solid Third Quarter 2026 Results; Strategic Growth and Operating Leverage Gain Momentum
Company delivers 10% year-over-year Strategic revenue growth, remains on track for adjusted EBITDA inflection, and advances its transformation
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