---
schema_version: "secwatch.filing_event.v1"
accession: "0000018926-23-000084"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:16:23.455020+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Lumen posts $8.736B net loss in Q2, driven by $8.793B goodwill impairment

## Summary
- Net loss of $8.736B ($8.88 diluted loss per share); excludes $8.793B non-cash goodwill impairment.
- Revenue $3.661B, down 21% YoY; Mass Markets revenue fell 36% to $764M.
- Adjusted EBITDA excl. special items $1.229B, down 32% YoY from $1.811B.
- Free cash flow negative $896M, including $938M cash tax from divestitures.
- Deployed ~130k Quantum Fiber locations; Grow product revenue $1.138B, up slightly QoQ but down 5% YoY.

## SEC filing metadata
- accession: 0000018926-23-000084
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000001892623000084/0000018926-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000001892623000084/lumn-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018926-23-000084
- JSON: https://secwatch.observer/filing/0000018926-23-000084.json
- Plain text: https://secwatch.observer/filing/0000018926-23-000084.txt

## Key facts
- Earnings Releases
  Lumen Technologies, Inc. reported second quarter 2023 results: net income $(8.736) billion, EPS ($8.88).
  - Period: second quarter 2023
  - Net income: $(8.736) billion
  - EPS: ($8.88)
  - Result: reported results
  source text: Reported Net Loss of $(8.736) billion for the second quarter 2023, which included a non-cash goodwill impairment charge of $8.793 billion, compared to reported Net Income of $344 million for the second quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000001892623000084/0000018926-23-000084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.