Lumen Technologies, Inc. (LUMN) is set to report its second-quarter 2026 financial results on August 4, 2026, after market close. The Zacks Consensus Estimate projects a loss of 15 cents per share, worsening from a 3-cent loss in the same quarter last year. Total revenue expectations stand at $2.75 billion, signaling an 11.1% year-over-year decline.
In the first quarter of 2026, Lumen’s total revenues fell by 10%, mainly due to structural declines in legacy services, while strategic revenues increased by 9.4% to $1.246 billion. The company’s total long-term debt was reported at $12.9 billion as of March 31, down from $17.5 billion at the end of 2025. Additionally, Lumen’s stock has gained 38.8% over the past year, contrasting with a 5.5% decline in the Diversified Communication Services industry.
Recent developments include Lumen’s $5.75 billion sale of its Mass Markets fiber-to-the-home business to AT&T, with management focusing on using proceeds to retire debts. On July 13, 2026, Lumen launched a new managed detection and response solution in partnership with Palo Alto Networks, aiming to enhance enterprise cybersecurity.
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