---
schema_version: "secwatch.filing_event.v1"
accession: "0000018926-26-000045"
form_type: "8-K"
ticker: "LUMN"
cik: "0000018926"
company_name: "Lumen Technologies, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:34:22.231537+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lumen Q1 net loss flat at $(0.20)/share; EBITDA down; announces Alkira acquisition

## Summary
- Q1 2026 revenue $2.899B; net loss $(200)M ($(0.20) diluted EPS), flat YoY.
- Adjusted EBITDA $849M, down from $929M in Q1 2025; FCF (ex-special items) $756M, up from $354M.
- Strategic revenue now 51% of business revenue (up from 49% Q4 2025), surpassing legacy.
- Announced agreement to acquire Alkira, cloud-native NaaS platform; no deal value disclosed.
- Leverage below 4x after fiber-to-home sale; full-year guidance reaffirmed.

## SEC filing metadata
- accession: 0000018926-26-000045
- form_type: 8-K
- ticker: LUMN
- cik: 0000018926
- company_name: Lumen Technologies, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/18926/000001892626000045/0000018926-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/18926/000001892626000045/lumn-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000018926-26-000045
- JSON: https://secwatch.observer/filing/0000018926-26-000045.json
- Plain text: https://secwatch.observer/filing/0000018926-26-000045.txt

## Key facts
- Earnings Releases
  Lumen Technologies, Inc. reported first quarter ended March 31, 2026 results: revenue $2.899 billion, net income Net Loss of $(200) million, EPS diluted loss per share of $(0.20).
  - Period: first quarter ended March 31, 2026
  - Revenue: $2.899 billion
  - Net income: Net Loss of $(200) million
  - EPS: diluted loss per share of $(0.20)
  - Result: reported results
  source text: that supports our path to revenue growth outlined at Investor Day, while remaining on track to meet full-year guidance.” 1 First Quarter 2026 Highlights • Reported revenues of $2.899 billion for the first quarter 2026 • Reported Net Cash Provided by Operating Activities of $1.323 billion 1 for the first quarter 2026 compared to Net Cash Provided by Operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/18926/000001892626000045/0000018926-26-000045-index.htm

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