---
schema_version: "secwatch.filing_event.v1"
accession: "0000018926-25-000092"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:28:25.230384+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lumen Q2 net loss $915M includes $628M impairment; sells fiber to AT&T for $5.75B, raises FCF outlook

## Summary
- Revenue $3.092B (-5% YoY); Adjusted EBITDA ex-specials $877M vs $1.011B YoY.
- Announced $5.75B cash sale of consumer fiber business to AT&T, sharpening enterprise focus.
- Completed $2B bond offering due 2033, reducing annual interest expense by ~$50M.
- Raised FY2025 FCF guidance to $1.2-1.4B (from $0.7-0.9B); EBITDA outlook unchanged $3.2-3.4B.
- Raised 2025 exit run-rate cost-reduction target to $350M (from $250M).

## SEC filing metadata
- accession: 0000018926-25-000092
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000001892625000092/0000018926-25-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000001892625000092/lumn-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018926-25-000092
- JSON: https://secwatch.observer/filing/0000018926-25-000092.json
- Plain text: https://secwatch.observer/filing/0000018926-25-000092.txt

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