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 | — | — | −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% |
| Q3 2022 · Sep 30 | 2022-09-30 | $278.0M | −$762.0M | −73.27% | +6.33% |
| Q2 2022 · Jun 30 | 2022-06-30 | $635.0M | −$358.0M | −36.05% | +13.77% |
| Q1 2022 · Mar 31 | 2022-03-31 | $798.0M | −$11.0M | −1.36% | +17.07% |
| Q3 2021 · Sep 30 | 2021-09-30 | $1.04B | $234.0M | +29.03% | +23.56% |
| Q2 2021 · Jun 30 | 2021-06-30 | $993.0M | $253.0M | +34.19% | +22.30% |
| Q1 2021 · Mar 31 | 2021-03-31 | $809.0M | $484.0M | +148.92% | +17.76% |
| Q3 2020 · Sep 30 | 2020-09-30 | $806.0M | −$125.0M | −13.43% | +17.20% |
| Q2 2020 · Jun 30 | 2020-06-30 | $740.0M | −$161.0M | −17.87% | +15.71% |
| Q1 2020 · Mar 31 | 2020-03-31 | $325.0M | $74.0M | +29.48% | +6.85% |
| Q3 2019 · Sep 30 | 2019-09-30 | $931.0M | −$172.0M | −15.59% | +18.64% |
| Q2 2019 · Jun 30 | 2019-06-30 | $901.0M | $90.0M | +11.10% | +17.95% |
| Q1 2019 · Mar 31 | 2019-03-31 | $251.0M | −$611.0M | −70.88% | +4.95% |
| Q3 2018 · Sep 30 | 2018-09-30 | $1.10B | $898.0M | +438.05% | +20.03% |
| Q2 2018 · Jun 30 | 2018-06-30 | $811.0M | $956.0M | — | +14.54% |
| Q1 2018 · Mar 31 | 2018-03-31 | $862.0M | $585.0M | +211.19% | +15.30% |
| Q3 2017 · Sep 30 | 2017-09-30 | $205.0M | $40.0M | +24.24% | +5.08% |
| Q2 2017 · Jun 30 | 2017-06-30 | −$145.0M | −$670.0M | — | −3.55% |
| Q1 2017 · Mar 31 | 2017-03-31 | $277.0M | −$535.0M | −65.89% | +6.58% |
| Q3 2016 · Sep 30 | 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 · Mar 31 | 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 | — | — | +17.38% |
| Q3 2010 | 2010-09-30 | $362.5M | $169.2M | +87.58% | +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 $390.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Lumen Technologies source filings ↗Community posts
Lumen plans to move its stock listing from NYSE to Nasdaq
Lumen ($LUMN)’s board approved a voluntary transfer of its common-stock listing from the New York Stock Exchange to Nasdaq. Subject to customary conditions, NYSE trading would end after the October 5 session and Nasdaq trading would begin o ...
