CenturyLink’s (Lumen Technologies) Revenue Breakdown (2018-2023)

This statistic highlights CenturyLink’s (Lumen Technologies) Revenue Breakdown, reported on a quarterly basis from 2018 onwards.

CenturyLink is an integrated communications company that provides communications services like voice, local and long-distance, network access, private line during special access, broadband, data, managed hosting including cloud hosting, wireless and video service. CenturyLink operates under two operating segments:

Business segments– Through this segment, the company provides its services to small and medium enterprises, wholesale, and government customers.

Consumer segment – Through this segment, the company provides services to residential customers.

The company’s revenue for 2019 was $22.40 billion which was a 4.44% decline from the previous year’s revenue of $23.44 billion. About 2% of the company’s revenue comes from its broadband services,8.5% from regulatory services, 12% from voice, 23% from voice and collaboration,18% from IT and Managed Services, 30% from transport and infrastructure, and the remaining 2-3% from other sources.

In the last quarter of 2018, the broadband revenue was $703 million. The revenue started growing into 2019 and increased to $722 million in the first quarter and then decreased to $718 million in the second and third quarters.

The revenue from IT and managed services was $146 million in the fourth quarter of 2020. The revenue started decreasing in 2019 and fell to $144 million in the first quarter, $135 million in the second quarter, $126 million in the third quarter, and then increased to $130 million in the last quarter of 2019.

Revenue from regulatory services was $180 million in the last quarter of 2018. The revenue then started decreasing into 2019 and fell to $159 million in the first quarter, $158 million in the second quarter, and $157 million in the third quarter. In the fourth quarter revenue from regulatory services rose sharply to $1.38 billion.

The revenue from voice services stood at $505 million by the end of 2014. The revenue then started declining and dropped down to $489 million in the first quarter of 2019, $477 million in the second quarter, and $462 million by the third quarter. The fourth-quarter revenue went up by a huge margin to $2.08 billion.

The voice and collaboration revenue by the end of 2018 was $1.05 billion. The revenue then saw a downtrend and fell down to $1.02 billion in the first quarter of 2019, $1.01 billion in the second quarter, remained unchanged in the third quarter and fell down again in the last quarter to just below $1 billion.

As of the last quarter of 2018 transport and services revenue was $1.36 billion. It fell down to $1.29 billion in the first quarter of 2019, saw no change in the second quarter and then increased to $1.31 billion in the third quarter and remained unchanged till the end of the year.

The revenue from IP and data services was $1.76 billion as of the last quarter of 2018. The revenue declined marginally to $1.75 billion in the first quarter of 2019, declined a little further to $1.73 billion in the second quarter, and then steadied back up at $1.76 billion for the remaining quarters of 2019.

The revenues from IP and data services and transport and infrastructure services have been fairly stable over the past 2 years. The last quarter of 2019 saw a huge boost in revenue figures and can be considered a good sign for the company in the future.

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