Lumen Technologies, Inc.
LUMNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
13,108
Cost of Revenue
6,703
Gross Profit
6,405
Gross Margin
48.9%
Operating Income
460
Operating Margin
3.5%
Net Income
-55
Net Margin
-0.4%
EPS (Basic)
$-0.06
EPS (Diluted)
$-0.06
EBITDA
4,098
EBITDA Margin
31.3%
2023
12/31/2023
Revenue
14,557
Cost of Revenue
7,144
Gross Profit
7,413
Gross Margin
50.9%
Operating Income
-9,584
Operating Margin
-65.8%
Net Income
-10,298
Net Margin
-70.7%
EPS (Basic)
$-10.48
EPS (Diluted)
$-10.48
EBITDA
-6,094
EBITDA Margin
-41.9%
2022
12/31/2022
Revenue
17,478
Cost of Revenue
7,868
Gross Profit
9,610
Gross Margin
55.0%
Operating Income
95
Operating Margin
0.5%
Net Income
-1,548
Net Margin
-8.9%
EPS (Basic)
$-1.54
EPS (Diluted)
$-1.54
EBITDA
3,580
EBITDA Margin
20.5%
2021
12/31/2021
Revenue
19,687
Cost of Revenue
8,488
Gross Profit
11,199
Gross Margin
56.9%
Operating Income
4,285
Operating Margin
21.8%
Net Income
2,033
Net Margin
10.3%
EPS (Basic)
$1.92
EPS (Diluted)
$1.91
EBITDA
8,517
EBITDA Margin
43.3%
2020
12/31/2020
Revenue
20,712
Cost of Revenue
8,934
Gross Profit
11,778
Gross Margin
56.9%
Operating Income
962
Operating Margin
4.6%
Net Income
-1,232
Net Margin
-5.9%
EPS (Basic)
$-1.14
EPS (Diluted)
$-1.14
EBITDA
5,596
EBITDA Margin
27.0%