Lumen Technologies, Inc. (LUMN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 4.12B | 7.91B | 8.71B | 7.74B | 4.28B | 4.39B | 4.74B | 3.76B | 3.73B | 4.78B | 4.44B | 4.66B | 5.41B | 5.23B | 9.15B | 11.55B | 11.53B | 11.54B | 11.45B | 3.46B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 1.63B | 1B | 2.4B | 1.57B | 1.9B | 1.89B | 2.64B | 1.5B | 1.58B | 2.23B | 311M | 411M | 1.15B | 1.25B | 253M | 361M | 368M | 354M | 637M | 937M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 45.28 | 38.98 | 37.69 | 36.23 | 33.9 | 33.7 | 36.16 | 36.42 | 35.97 | 35.18 | 36.65 | 36.32 | 34.61 | 35.53 | 31.36 | 29.8 | 29.86 | 30.64 | 33.92 | 35.49 |
| Inventory | 0 | 0 | 163M | 126M | 124M | 146M | 173M | 184M | 193M | 209M | 227M | 205M | 223M | 236M | 179M | 151M | 128M | 96M | 103M | 114M |
| Days Inventory Outstanding | - | - | 7.82 | 7 | 7.2 | 8.6 | 9.71 | 7.16 | 11.07 | 8.06 | 10.74 | 11.19 | 11.37 | 10.45 | 5.34 | 4.34 | 5.08 | 4.39 | 3.18 | 3.05 |
| Other Current Assets | 893M | 5.59B | 4.05B | 3.93B | 262M | 257M | 312M | 332M | 120M | 327M | 1.96B | 2.1B | 2.17B | 1.89B | 6.79B | 9.1B | 9.03B | 9.07B | 8.7B | 70M |
| Total Non-Current Assets | 26.5B | 26.43B | 25.58B | 25.24B | 29.26B | 29.1B | 29.25B | 29.18B | 29.45B | 29.24B | 31.48B | 31.5B | 40.13B | 40.38B | 45.67B | 46.13B | 46.51B | 46.46B | 46.85B | 55.49B |
| Property, Plant & Equipment | 19.93B | 19.57B | 19.11B | 18.66B | 20.57B | 20.42B | 20.34B | 20.09B | 19.91B | 19.76B | 19.61B | 19.43B | 19.32B | 19.17B | 20.71B | 20.72B | 20.83B | 20.89B | 20.93B | 25.99B |
| Fixed Asset Turnover | 0.15x | 0.16x | 0.16x | 0.16x | 0.16x | 0.16x | 0.16x | 0.16x | 0.17x | 0.18x | 0.19x | 0.19x | 0.19x | 0.19x | 0.21x | 0.22x | 0.22x | 0.23x | 0.21x | 0.19x |
| Goodwill | 0 | 6.86B | 0 | 0 | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 1.96B | 3.86B | 3.86B | 12.66B | 12.66B | 15.92B | 15.95B | 15.98B | 15.99B | 15.99B | 18.87B |
| Intangible Assets | 4.24B | 4.46B | 4.41B | 4.53B | 4.66B | 4.81B | 4.97B | 5.13B | 5.29B | 5.47B | 5.74B | 5.9B | 6.03B | 6.17B | 6.44B | 6.63B | 6.79B | 6.97B | 7.16B | 7.66B |
| Long-Term Investments | 0 | 0 | 8M | 0 | 10M | 9M | 11M | 10M | 10M | -3.13B | 11M | 11M | 0 | 12M | 12M | 12M | 12M | 13M | 28M | 9M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 30.62B | 34.34B | 34.29B | 32.98B | 33.54B | 33.5B | 33.99B | 32.94B | 33.17B | 34.02B | 35.92B | 36.17B | 45.53B | 45.61B | 54.82B | 57.67B | 58.04B | 57.99B | 58.31B | 58.95B |
| Asset Turnover | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x |
| Asset Growth % | -8.69% | 2.53% | 0.87% | 0.1% | 1.1% | -1.53% | -5.38% | -8.92% | -27.14% | -25.42% | -34.47% | -37.29% | -21.55% | -21.35% | -5.99% | -2.16% | -1.34% | -2.36% | -6.85% | -8.14% |
| Total Current Liabilities | 4.17B | 4.39B | 3.93B | 3.63B | 3.54B | 3.64B | 3.94B | 3.74B | 3.82B | 3.53B | 3.92B | 3.96B | 4.85B | 4.9B | 8.71B | 5.78B | 5.66B | 7.17B | 8.3B | 6.51B |
| Accounts Payable | 1.23B | 1.51B | 1.09B | 831M | 773M | 749M | 905M | 995M | 1.16B | 1.13B | 1.01B | 1.17B | 1.13B | 1.04B | 1.01B | 1.05B | 902M | 758M | 829M | 966M |
| Days Payables Outstanding | - | 73.42 | 51.95 | 44.94 | 40.6 | 44.6 | 51.65 | 40.96 | 63.24 | 39.73 | 54.35 | 60.2 | 53.87 | 51.72 | 33.38 | 30.42 | 37.63 | 35 | 26.3 | 28.26 |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 1.56B | 1.24B | 260M | 289M | 998M | 179M | 415M | 398M | 282M | 381M | 791M | 849M | 650M | 909M | 2.15B | 2.61B | 2.64B | 2.77B | 2.8B | 587M |
| Current Ratio | 0.99x | 1.80x | 2.21x | 2.13x | 1.21x | 1.21x | 1.20x | 1.01x | 0.98x | 1.35x | 1.13x | 1.18x | 1.11x | 1.07x | 1.05x | 2.00x | 2.04x | 1.61x | 1.38x | 0.53x |
| Quick Ratio | 0.99x | 1.80x | 2.17x | 2.10x | 1.17x | 1.17x | 1.16x | 0.96x | 0.93x | 1.29x | 1.07x | 1.12x | 1.07x | 1.02x | 1.03x | 1.97x | 2.02x | 1.60x | 1.37x | 0.51x |
| Cash Conversion Cycle | - | - | -6.45 | -1.71 | 0.5 | -2.29 | -5.79 | 2.62 | -16.19 | 3.51 | -6.96 | -12.69 | -7.89 | -5.74 | 3.33 | 3.72 | -2.69 | 0.04 | 10.8 | 10.28 |
| Total Non-Current Liabilities | 14.81B | 31.07B | 31.53B | 29.94B | 29.7B | 29.39B | 29.71B | 28.74B | 28.85B | 30.07B | 29.78B | 29.92B | 29.69B | 30.34B | 33.52B | 39.67B | 40.1B | 38.98B | 38.83B | 40.73B |
| Long-Term Debt | 12.93B | 17.35B | 17.58B | 17.57B | 17.33B | 17.3B | 18.14B | 18.41B | 18.59B | 19.62B | 19.74B | 19.9B | 19.74B | 20.18B | 21.76B | 27.96B | 28.4B | 27.81B | 27.26B | 28.57B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 18.98B | 35.46B | 35.46B | 33.57B | 33.25B | 33.03B | 33.65B | 32.48B | 32.67B | 33.6B | 33.7B | 33.88B | 34.53B | 35.24B | 42.24B | 45.46B | 45.76B | 46.15B | 47.13B | 47.24B |
| Total Debt | 13.25B | 17.71B | 17.95B | 18.17B | 17.93B | 19.12B | 18.82B | 18.88B | 18.96B | 21.3B | 20.19B | 20.38B | 20.22B | 22B | 25.63B | 28.52B | 28.94B | 31.17B | 30.15B | 31.56B |
| Net Debt | 11.63B | 16.7B | 15.54B | 16.6B | 16.03B | 17.23B | 16.18B | 17.39B | 17.38B | 19.06B | 19.88B | 19.96B | 19.07B | 20.75B | 25.38B | 28.16B | 28.57B | 30.82B | 29.51B | 30.62B |
| Debt / Equity | 1.14x | - | - | - | 62.03x | 41.20x | 55.03x | 40.52x | 37.62x | 51.07x | 9.10x | 8.92x | 1.84x | 2.12x | 2.04x | 2.33x | 2.36x | 2.63x | 2.70x | 2.70x |
| Debt / EBITDA | 10.47x | 37.36x | 32.16x | 213.78x | 21.86x | 20.96x | 22.59x | 21.63x | 23.91x | 24.09x | 20.65x | - | 18.01x | - | 15.23x | 15.61x | 14.60x | 15.30x | 13.89x | 14.77x |
| Net Debt / EBITDA | 9.18x | 35.24x | 27.86x | 195.33x | 19.55x | 18.89x | 19.42x | 19.92x | 21.91x | 21.56x | 20.33x | - | 16.98x | - | 15.08x | 15.41x | 14.41x | 15.12x | 13.60x | 14.33x |
| Interest Coverage | 2.68x | -0.82x | -1.55x | -2.40x | 0.29x | 0.67x | 0.51x | 0.89x | 1.35x | -6.39x | 0.71x | -28.56x | 3.44x | 1.88x | 3.58x | 2.34x | 3.21x | 2.30x | 2.84x | 2.70x |
| Total Equity | 11.64B | -1.12B | -1.17B | -595M | 289M | 464M | 342M | 466M | 504M | 417M | 2.22B | 2.28B | 10.99B | 10.37B | 12.58B | 12.22B | 12.28B | 11.84B | 11.18B | 11.71B |
| Equity Growth % | 3927.34% | -340.73% | -442.98% | -227.68% | -42.66% | 11.27% | -84.59% | -79.6% | -95.42% | -95.98% | -82.36% | -81.31% | -10.48% | -12.38% | 12.47% | 4.38% | 8.66% | 6.07% | -18.31% | -13.04% |
| Book Value per Share | 11.65 | -1.12 | -1.18 | -0.60 | 0.29 | 0.47 | 0.35 | 0.47 | 0.51 | 0.42 | 2.26 | 2.32 | 11.19 | 10.42 | 12.37 | 12.02 | 12.10 | 11.66 | 10.46 | 10.71 |
| Total Shareholders' Equity | 11.64B | -1.12B | -1.17B | -595M | 289M | 464M | 342M | 466M | 504M | 417M | 2.22B | 2.28B | 10.99B | 10.37B | 12.58B | 12.22B | 12.28B | 11.84B | 11.18B | 11.71B |
| Common Stock | 19.16B | 19.18B | 19.17B | 19.16B | 19.15B | 19.15B | 1.01B | 1.02B | 1.02B | 1.01B | 1.01B | 1.01B | 1B | 1B | 1.03B | 1.03B | 1.03B | 1.02B | 1.03B | 1.1B |
| Retained Earnings | -19.9B | -19.7B | -19.7B | -19.08B | -18.16B | -17.96B | -18.05B | -17.9B | -17.85B | -17.91B | -15.85B | -15.77B | -7.04B | -7.61B | -4.48B | -5.05B | -5.4B | -6B | -6.51B | -7.05B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -581M | -601M | -647M | -679M | -700M | -723M | -766M | -786M | -799M | -810M | -1.06B | -1.35B | -1.07B | -1.1B | -2.2B | -2.22B | -2.05B | -2.16B | -2.58B | -2.71B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |