earnings
confidence high
sentiment positive
materiality 0.65
Lumen Q2 2026 revenue $2.805B, net loss $(201)M; appoints John Hinshaw to board
Lumen Technologies, Inc.
- Revenue $2.805B; net loss $(201)M ($(0.20) diluted EPS); adjusted diluted EPS $(0.07).
- Adjusted EBITDA $802M; Free Cash Flow $327M (excl special items of $258M).
- Strategic revenue 53% of total business revenue (up from 51% Q1); NaaS customers >3,000 with 22% new customer adoption growth.
- Closed Alkira acquisition to extend digital capabilities for multi-cloud and AI workloads.
- Appointed John Hinshaw (former HSBC Group COO) to Board, effective Aug 4, 2026; receives prorated RSU grant of $176,250.