Lumen Technologies annual free cash flow
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Lumen Technologies Free Cash Flow (FCF) History (LUMN)
Lumen Technologies reported $371.0M in free cash flow for fiscal 2025, a decrease of 66.33% from the previous fiscal year, with a free cash flow margin of 3.27%.
View full Lumen Technologies company overviewLumen Technologies free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $371.0M | −$731.0M | −66.33% | +3.27% |
| 2024 | 2024-12-31 | $1.10B | $2.04B | — | +9.09% |
| 2023 | 2023-12-31 | −$940.0M | −$2.66B | — | −6.95% |
| 2022 | 2022-12-31 | $1.72B | −$1.88B | −52.26% | +10.67% |
| 2021 | 2021-12-31 | $3.60B | $806.0M | +28.84% | +20.24% |
| 2020 | 2020-12-31 | $2.79B | −$257.0M | −8.42% | +14.87% |
| 2019 | 2019-12-31 | $3.05B | −$805.0M | −20.87% | +15.65% |
| 2018 | 2018-12-31 | $3.86B | $3.08B | +399.61% | +18.33% |
| 2017 | 2017-12-31 | $772.0M | −$855.0M | −52.55% | +4.37% |
| 2016 | 2016-12-31 | $1.63B | −$654.0M | −28.67% | +9.31% |
| 2015 | 2015-12-31 | $2.28B | $140.0M | +6.54% | +12.74% |
| 2014 | 2014-12-31 | $2.14B | −$370.0M | −14.74% | +11.87% |
| 2013 | 2013-12-31 | $2.51B | −$635.0M | −20.18% | +13.88% |
| 2012 | 2012-12-31 | $3.15B | $1.36B | +75.75% | +17.12% |
| 2011 | 2011-12-31 | $1.79B | $609.3M | +51.60% | +11.66% |
| 2010 | 2010-12-31 | $1.18B | $362.0M | +44.21% | +16.77% |
| 2009 | 2009-12-31 | $818.7M | $252.2M | +44.53% | +16.46% |
| 2008 | 2008-12-31 | $566.5M | — | — | +21.79% |
Lumen Technologies quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $69.0M | $390.0M | — | +2.75% |
| Q1 2026 | 2026-03-31 | $380.0M | $76.0M | +25.00% | +14.63% |
| Q4 2025 | 2025-12-31 | −$1.08B | −$855.0M | — | −39.42% |
| Q3 2025 | 2025-09-30 | $1.47B | $288.0M | +24.37% | +52.39% |
| Q2 2025 | 2025-06-30 | −$321.0M | −$79.0M | — | −11.19% |
| Q1 2025 | 2025-03-31 | $304.0M | −$85.0M | −21.85% | +10.44% |
| Q4 2024 | 2024-12-31 | −$227.0M | −$190.0M | — | −7.36% |
| Q3 2024 | 2024-09-30 | $1.18B | $1.14B | +3010.53% | +39.84% |
| Q2 2024 | 2024-06-30 | −$242.0M | $654.0M | — | −8.02% |
| Q1 2024 | 2024-03-31 | $389.0M | $434.0M | — | +12.71% |
| Q4 2023 | 2023-12-31 | −$37.0M | −$45.0M | — | −1.13% |
| Q3 2023 | 2023-09-30 | $38.0M | −$240.0M | −86.33% | +1.12% |
| Q2 2023 | 2023-06-30 | −$896.0M | −$1.53B | — | −26.39% |
| Q1 2023 | 2023-03-31 | −$45.0M | −$843.0M | — | −1.30% |
| Q4 2022 | 2022-12-31 | $8.0M | −$751.0M | −98.95% | +0.33% |
| Q3 2022 | 2022-09-30 | $278.0M | −$762.0M | −73.27% | +6.33% |
| Q2 2022 | 2022-06-30 | $635.0M | −$358.0M | −36.05% | +13.77% |
| Q1 2022 | 2022-03-31 | $798.0M | −$11.0M | −1.36% | +17.07% |
| Q4 2021 | 2021-12-31 | $759.0M | −$165.0M | −17.86% | +17.36% |
| Q3 2021 | 2021-09-30 | $1.04B | $234.0M | +29.03% | +23.56% |
| Q2 2021 | 2021-06-30 | $993.0M | $253.0M | +34.19% | +22.30% |
| Q1 2021 | 2021-03-31 | $809.0M | $484.0M | +148.92% | +17.76% |
| Q4 2020 | 2020-12-31 | $924.0M | −$45.0M | −4.64% | +19.86% |
| Q3 2020 | 2020-09-30 | $806.0M | −$125.0M | −13.43% | +17.20% |
| Q2 2020 | 2020-06-30 | $740.0M | −$161.0M | −17.87% | +15.71% |
| Q1 2020 | 2020-03-31 | $325.0M | $74.0M | +29.48% | +6.85% |
| Q4 2019 | 2019-12-31 | $969.0M | −$112.0M | −10.36% | +21.91% |
| Q3 2019 | 2019-09-30 | $931.0M | −$172.0M | −15.59% | +18.64% |
| Q2 2019 | 2019-06-30 | $901.0M | $90.0M | +11.10% | +17.95% |
| Q1 2019 | 2019-03-31 | $251.0M | −$611.0M | −70.88% | +4.95% |
| Q4 2018 | 2018-12-31 | $1.08B | $646.0M | +148.51% | +24.99% |
| Q3 2018 | 2018-09-30 | $1.10B | $898.0M | +438.05% | +20.03% |
| Q2 2018 | 2018-06-30 | $811.0M | $956.0M | — | +14.54% |
| Q1 2018 | 2018-03-31 | $862.0M | $585.0M | +211.19% | +15.30% |
| Q4 2017 | 2017-12-31 | $435.0M | $310.0M | +248.00% | +8.17% |
| Q3 2017 | 2017-09-30 | $205.0M | $40.0M | +24.24% | +5.08% |
| Q2 2017 | 2017-06-30 | −$145.0M | −$670.0M | — | −3.55% |
| Q1 2017 | 2017-03-31 | $277.0M | −$535.0M | −65.89% | +6.58% |
| Q4 2016 | 2016-12-31 | $125.0M | −$239.0M | −65.66% | +2.91% |
| Q3 2016 | 2016-09-30 | $165.0M | −$543.0M | −76.69% | +3.77% |
| Q2 2016 | 2016-06-30 | $525.0M | $36.0M | +7.36% | +11.94% |
| Q1 2016 | 2016-03-31 | $812.0M | $92.0M | +12.78% | +18.45% |
| Q4 2015 | 2015-12-31 | $364.0M | $47.0M | +14.83% | +8.13% |
| Q3 2015 | 2015-09-30 | $708.0M | −$8.0M | −1.12% | +15.55% |
| Q2 2015 | 2015-06-30 | $489.0M | $91.0M | +22.86% | +11.07% |
| Q1 2015 | 2015-03-31 | $720.0M | $10.0M | +1.41% | +16.18% |
| Q4 2014 | 2014-12-31 | $317.0M | $3.0M | +0.96% | +7.14% |
| Q3 2014 | 2014-09-30 | $716.0M | −$35.0M | −4.66% | +15.86% |
| Q2 2014 | 2014-06-30 | $398.0M | −$324.0M | −44.88% | +8.76% |
| Q1 2014 | 2014-03-31 | $710.0M | −$14.0M | −1.93% | +15.65% |
| Q4 2013 | 2013-12-31 | $314.0M | −$170.0M | −35.12% | +6.91% |
| Q3 2013 | 2013-09-30 | $751.0M | −$417.0M | −35.70% | +16.63% |
| Q2 2013 | 2013-06-30 | $722.0M | $133.0M | +22.58% | +15.96% |
| Q1 2013 | 2013-03-31 | $724.0M | −$181.0M | −20.00% | +16.04% |
| Q4 2012 | 2012-12-31 | $484.0M | $656.0M | — | +10.56% |
| Q3 2012 | 2012-09-30 | $1.17B | $434.0M | +59.13% | +25.55% |
| Q2 2012 | 2012-06-30 | $589.0M | −$180.2M | −23.42% | +12.77% |
| Q1 2012 | 2012-03-31 | $905.0M | $446.2M | +97.24% | +19.63% |
| Q4 2011 | 2011-12-31 | −$172.0M | −$471.2M | — | −3.70% |
| Q3 2011 | 2011-09-30 | $734.0M | $371.5M | +102.51% | +15.97% |
| Q2 2011 | 2011-06-30 | $769.2M | $544.4M | +242.28% | +17.46% |
| Q1 2011 | 2011-03-31 | $458.8M | $164.6M | +55.92% | +27.05% |
| Q4 2010 | 2010-12-31 | $299.2M | $106.0M | +54.86% | +17.38% |
| Q3 2010 | 2010-09-30 | $362.5M | — | — | +20.74% |
| Q2 2010 | 2010-06-30 | $224.7M | — | — | +12.68% |
| Q1 2010 | 2010-03-31 | $294.3M | — | — | +16.35% |
| Q3 2009 | 2009-09-30 | $193.2M | — | — | +10.31% |
Lumen Technologies free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $2.79B to $371.0M, a compound annual decline of 33.23%. Lumen Technologies's latest reported quarter, Q2 2026, generated $69.0M in free cash flow, an increase of $390.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Lumen Technologies filings at SEC.gov ↗