Nonaffiliate was Qwest’s largest revenue line in fiscal 2025, bringing in $2.81B of $4.75B (59%).
| Related and Nonrelated Parties | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Nonaffiliate | $3.76B | $3.26B | $2.81B |
| Affiliated Entity | $2.16B | $2.25B | $1.94B |
| Total | $5.92B | $5.51B | $4.75B |
Qwest brought in $4.75B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was down 13.8% from $5.51B in fiscal 2024. Nonaffiliate was the largest at $2.81B (59.2%), ahead of Affiliated Entity at $1.94B (40.8%).
Compared with fiscal 2024, Nonaffiliate fell 13.7% to $2.81B and Affiliated Entity fell 14.0% to $1.94B. From fiscal 2023 to 2025, combined revenue from these revenue lines fell from $5.92B to $4.75B, a compound annual decline of 10.4%. Nonaffiliate's share of the total fell from 63.5% to 59.2%.
Affiliate Services was Qwest’s largest product and service line in fiscal 2022, bringing in $2.29B of $6.45B (36%).
| Product and Service | FY 2010 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Legacy Services | — | — | — | — | ||||||||
| Transport & Infrastructure | — | — | — | — | ||||||||
| Strategic Services | — | — | — | — | ||||||||
| Affiliate Services | $2.87B | $2.49B | $2.39B | $2.29B | ||||||||
| Affiliates & Other Services | — | — | — | — | ||||||||
| Fiber Infrastructure | $2.12B | $2.03B | — | — | ||||||||
| Voice & Collaboration | — | — | — | — | ||||||||
| Voice & Other | $2.50B | $2.28B | $985.00M | $691.00M | ||||||||
| Other Broadband | — | — | $1.36B | $1.28B | ||||||||
| Harvest | — | — | $1.21B | $1.13B | ||||||||
| Ip & Data Services | $568.00M | $512.00M | — | — | ||||||||
| Nuture | — | — | $450.00M | $435.00M | ||||||||
| Fiber Broadband | — | — | $408.00M | $462.00M | ||||||||
| Regulatory Services | — | — | — | — | ||||||||
| Grow | — | — | $153.00M | $158.00M | ||||||||
| It & Managed Services | — | — | — | — | ||||||||
| Total | $8.05B | $7.31B | $6.95B | $6.45B |
Qwest brought in $6.45B from its seven product and service lines in fiscal 2022, the year ended December 31, 2022. That was down 7.2% from $6.95B in fiscal 2021. Affiliate Services was the largest at $2.29B (35.6%), ahead of Other Broadband at $1.28B (19.8%) and Harvest at $1.13B (17.6%). The other four lines brought in $1.75B combined.
Compared with fiscal 2021, Fiber Broadband grew fastest, up 13.2% to $462.00M, while Voice & Other fell the most, down 29.8% to $691.00M.
Qwest began breaking out Other Broadband in fiscal 2021, Harvest in fiscal 2021, Nuture in fiscal 2021 and Fiber Broadband in fiscal 2021. Qwest stopped reporting Fiber Infrastructure ($2.03B in fiscal 2020) and Ip & Data Services ($512.00M in fiscal 2020) as separate lines.
Qwest (CTGG) reports its revenue by related and nonrelated parties and by product and service. In fiscal 2025, Nonaffiliate was its largest revenue line, bringing in $2.81B (59.2% of the total), followed by Affiliated Entity at $1.94B (40.8%).
Nonaffiliate was Qwest's largest revenue line in fiscal 2025, bringing in $2.81B, or 59.2% of the $4.75B total across its two revenue lines.
Affiliate Services was Qwest's largest product and service line in fiscal 2022, bringing in $2.29B, or 35.6% of the $6.45B total across its seven product and service lines.
Among Qwest's product and service lines that make up at least 2% of revenue, Fiber Broadband grew fastest in fiscal 2022, up 13.2% from $408.00M to $462.00M.
Every figure comes from Qwest's annual financial filings, as reported. Each line keeps the name Qwest gives it, and years follow its fiscal calendar.
Qwest's revenue by related and nonrelated parties goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.