Lumen Technologies (LUMN) Free Cash Flow (2009 - 2026)
Lumen Technologies' Free Cash Flow was -$354 million in Q3 2026, compared with $1.47 billion a year earlier.
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Analysis
Lumen Technologies (LUMN) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lumen Technologies' Free Cash Flow was -$987 million through Sep 30, 2026; for FY2025, it was $371 million, down 66.3% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of -33.2% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $1.1 billion in FY2024, -$940 million in FY2023, $1.72 billion in FY2022 (-52.3%) and $3.6 billion in FY2021 (+28.8%).
- Quarterly Free Cash Flow has moved between -$1.08 billion (Q4 2025) and $1.47 billion (Q3 2025) over five years.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2026 (growth of 25.0%); the worst was Q4 2022 (a decline of 98.9%).
- Per Business Quant data, LUMN's Free Cash Flow in the three quarters before Q3 2026 was $69 million (Q2 2026), $380 million (Q1 2026) and -$1.08 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.27 Bn | 158.92 Bn | 27.05 Bn | 7.80 Bn |
| 2 | T-Mobile US | 170.68 Bn | 153.12 Bn | 15.13 Bn | 5.07 Bn |
| 3 | At&T | 147.06 Bn | 104.50 Bn | 26.22 Bn | 5.46 Bn |
| 4 | Grupo Televisa, S.A.B | 144.98 Bn | 145.52 Bn | 960.50 Mn | - |
| 5 | Comcast | 88.32 Bn | 54.28 Bn | - | 4.85 Bn |
| 6 | Vodafone Group Public | 38.80 Bn | 12.48 Bn | - | - |
| 7 | Chunghwa Telecom | 37.90 Bn | 30.39 Bn | 728.80 Mn | 167.60 Mn |
| 8 | EchoStar | 26.14 Bn | 7.22 Bn | 647.20 Mn | 48.08 Mn |
| 9 | Bce | 20.53 Bn | 18.77 Bn | 2.79 Bn | 2.32 Bn |
| 10 | Lumen Technologies | 4.10 Bn | -1.38 Bn | 1.28 Bn | -354.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -354.00 Mn |
| Jun 30, 2026 | 69.00 Mn |
| Mar 31, 2026 | 380.00 Mn |
| Dec 31, 2025 | -1.08 Bn |
| Sep 30, 2025 | 1.47 Bn |
| Jun 30, 2025 | -321.00 Mn |
| Mar 31, 2025 | 304.00 Mn |
| Dec 31, 2024 | -227.00 Mn |
| Sep 30, 2024 | 1.18 Bn |
| Jun 30, 2024 | -242.00 Mn |
| Mar 31, 2024 | 389.00 Mn |
| Dec 31, 2023 | -37.00 Mn |
| Sep 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | -896.00 Mn |
| Mar 31, 2023 | -45.00 Mn |
| Dec 31, 2022 | 8.00 Mn |
| Sep 30, 2022 | 278.00 Mn |
| Jun 30, 2022 | 635.00 Mn |
| Mar 31, 2022 | 798.00 Mn |
| Dec 31, 2021 | 759.00 Mn |
API Access
Lumen Technologies Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=LUMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "LUMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=LUMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();