Lumen Technologies (LUMN) Shares Outstanding (Diluted) (2009 - 2026)
Lumen Technologies (LUMN) recorded Weighted Average Shares Outstanding (Diluted) of 1 billion in Q3 2026, up 0.9% from 996 million a year earlier and up 0.1% from the prior quarter.
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Analysis
Lumen Technologies (LUMN) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Lumen Technologies reported Weighted Average Shares Outstanding (Diluted) of 994.55 million, up 0.7% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of -1.6% (FY2020 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 987.68 million in FY2024 (+0.5%), 983.08 million in FY2023 (-2.4%), 1.01 billion in FY2022 (-5.6%) and 1.07 billion in FY2021 (-1.1%).
- The Q3 2026 figure is the highest quarterly Weighted Average Shares Outstanding (Diluted) since Q4 2022.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has increased for 11 consecutive quarters, with growth averaging 0.7% over the last eight quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 1.0% in Q2 2026, against a decline of 7.0% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1 billion (Q2 2026), 998.89 million (Q1 2026) and 994.55 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.79 Bn | 157.13 Bn | 27.05 Bn | 4.17 Bn |
| 2 | T-Mobile US | 173.48 Bn | 155.91 Bn | 15.13 Bn | 1.07 Bn |
| 3 | At&T | 147.74 Bn | 89.20 Bn | 26.22 Bn | 6.84 Bn |
| 4 | Grupo Televisa, S.A.B | 147.02 Bn | 147.02 Bn | 960.50 Mn | 68.12 Bn |
| 5 | Comcast | 86.74 Bn | 52.53 Bn | - | 3.56 Bn |
| 6 | Chunghwa Telecom | 38.68 Bn | 30.69 Bn | 728.80 Mn | 777.60 Mn |
| 7 | Vodafone Group Public | 37.42 Bn | 6.82 Bn | - | 2.40 Bn |
| 8 | EchoStar | 27.50 Bn | 8.54 Bn | 647.20 Mn | 351.19 Mn |
| 9 | Bce | 20.09 Bn | 18.08 Bn | 2.79 Bn | 929.10 Mn |
| 10 | Lumen Technologies | 4.00 Bn | -1.48 Bn | 1.28 Bn | 1.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 Bn |
| Jun 30, 2026 | 1.00 Bn |
| Mar 31, 2026 | 998.89 Mn |
| Dec 31, 2025 | 994.55 Mn |
| Sep 30, 2025 | 996.00 Mn |
| Jun 30, 2025 | 994.54 Mn |
| Mar 31, 2025 | 991.27 Mn |
| Dec 31, 2024 | 987.68 Mn |
| Sep 30, 2024 | 988.79 Mn |
| Jun 30, 2024 | 987.24 Mn |
| Mar 31, 2024 | 986.26 Mn |
| Dec 31, 2023 | 983.08 Mn |
| Sep 30, 2023 | 983.55 Mn |
| Jun 30, 2023 | 983.45 Mn |
| Mar 31, 2023 | 982.28 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 1.02 Bn |
| Mar 31, 2022 | 1.02 Bn |
| Dec 31, 2021 | 1.07 Bn |
API Access
Lumen Technologies Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=LUMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=LUMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();