Lumen (LUMN) Revenue & Revenue Breakdown

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Lumen Revenue Highlights

Latest Revenue (Y)

$3.52B

Latest Revenue (Q)

$3.22B

Main Segment (Y)

Business Segment

Lumen Revenue by Period

Lumen Revenue by Year

Date	Revenue	Change
2023-12-31	$3.52B	-79.88%
2022-12-31	$17.48B	-11.22%
2021-12-31	$19.69B	-4.95%
2020-12-31	$20.71B	-7.54%
2019-12-31	$22.40B	-4.44%
2018-12-31	$23.44B	32.78%
2017-12-31	$17.66B	1.06%
2016-12-31	$17.47B	-2.40%
2015-12-31	$17.90B	-0.73%
2014-12-31	$18.03B	-0.35%
2013-12-31	$18.09B	-1.53%
2012-12-31	$18.38B	19.71%
2011-12-31	$15.35B	118.01%
2010-12-31	$7.04B	41.56%
2009-12-31	$4.97B	91.34%
2008-12-31	$2.60B	-2.13%
2007-12-31	$2.66B	8.52%
2006-12-31	$2.45B	-1.27%
2005-12-31	$2.48B	2.99%
2004-12-31	$2.41B	1.12%
2003-12-31	$2.38B	20.73%
2002-12-31	$1.97B	-6.87%
2001-12-31	$2.12B	14.71%
2000-12-31	$1.85B	10.09%
1999-12-31	$1.68B	11.83%
1998-12-31	$1.50B	66.31%
1997-12-31	$901.50M	20.25%
1996-12-31	$749.70M	16.27%
1995-12-31	$644.80M	19.36%
1994-12-31	$540.20M	24.70%
1993-12-31	$433.20M	-

Lumen generated $3.52B in revenue during NA 2023, up -79.88% compared to the previous quarter, and up 15.00% compared to the same period a year ago.

Lumen Revenue by Quarter

Date	Revenue	Change
2024-09-30	$3.22B	-1.44%
2024-06-30	$3.27B	-0.67%
2024-03-31	$3.29B	-6.45%
2023-12-31	$3.52B	-3.41%
2023-09-30	$3.64B	-0.55%
2023-06-30	$3.66B	-2.06%
2023-03-31	$3.74B	-1.63%
2022-12-31	$3.80B	-13.44%
2022-09-30	$4.39B	-4.81%
2022-06-30	$4.61B	-1.37%
2022-03-31	$4.68B	-3.53%
2021-12-31	$4.85B	-0.82%
2021-09-30	$4.89B	-0.75%
2021-06-30	$4.92B	-2.09%
2021-03-31	$5.03B	-1.87%
2020-12-31	$5.13B	-0.81%
2020-09-30	$5.17B	-0.48%
2020-06-30	$5.19B	-0.69%
2020-03-31	$5.23B	-6.14%
2019-12-31	$5.57B	-0.64%
2019-09-30	$5.61B	0.50%
2019-06-30	$5.58B	-1.22%
2019-03-31	$5.65B	-2.27%
2018-12-31	$5.78B	-0.69%
2018-09-30	$5.82B	-1.42%
2018-06-30	$5.90B	-0.72%
2018-03-31	$5.95B	11.69%
2017-12-31	$5.32B	31.95%
2017-09-30	$4.03B	-1.37%
2017-06-30	$4.09B	-2.83%
2017-03-31	$4.21B	-1.87%
2016-12-31	$4.29B	-2.12%
2016-09-30	$4.38B	-0.36%
2016-06-30	$4.40B	-0.07%
2016-03-31	$4.40B	-1.68%
2015-12-31	$4.48B	-1.71%
2015-09-30	$4.55B	3.05%
2015-06-30	$4.42B	-0.72%
2015-03-31	$4.45B	0.29%
2014-12-31	$4.44B	-1.68%
2014-09-30	$4.51B	-0.59%
2014-06-30	$4.54B	0.07%
2014-03-31	$4.54B	-0.09%
2013-12-31	$4.54B	0.60%
2013-09-30	$4.51B	-0.22%
2013-06-30	$4.53B	0.27%
2013-03-31	$4.51B	-1.53%
2012-12-31	$4.58B	0.26%
2012-09-30	$4.57B	-0.89%
2012-06-30	$4.61B	0.04%
2012-03-31	$4.61B	-0.92%
2011-12-31	$4.65B	1.24%
2011-09-30	$4.60B	4.31%
2011-06-30	$4.41B	159.83%
2011-03-31	$1.70B	-1.52%
2010-12-31	$1.72B	-1.44%
2010-09-30	$1.75B	-1.41%
2010-06-30	$1.77B	-1.58%
2010-03-31	$1.80B	-1.57%
2009-12-31	$1.83B	-2.42%
2009-09-30	$1.87B	195.42%
2009-06-30	$634.47M	-0.30%
2009-03-31	$636.38M	-1.02%
2008-12-31	$642.95M	-1.10%
2008-09-30	$650.07M	-1.22%
2008-06-30	$658.11M	1.46%
2008-03-31	$648.61M	-

Lumen generated $3.22B in revenue during Q3 2024, up -1.44% compared to the previous quarter, and up 87.98% compared to the same period a year ago.

Lumen Revenue Breakdown

Lumen Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Business Segment	$11.54B	$13.04B	$14.12B	-	-
Mass Market Segment	$3.02B	$4.44B	$5.57B	-	-
IP & Data Services	-	-	-	$6.37B	$7.00B
Voice	-	-	-	$1.62B	$1.88B
IT & Managed Services	-	-	-	$479.00M	$535.00M
Product and Service, Other	-	-	-	$105.00M	$251.00M
Regulatory Revenue	-	-	-	$615.00M	$634.00M
Transport & Infrastructure	-	-	-	$4.99B	$5.20B
Voice & Collaboration	-	-	-	$3.62B	$4.02B
Broadband	-	-	-	$2.91B	$2.88B

Lumen's latest annual revenue breakdown by segment (product or service), as of Dec 23: Business Segment (79.24%), and Mass Market Segment (20.76%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Mass Market Segment	$685.00M	$691.00M	$699.00M	$729.00M	$747.00M	$764.00M	$782.00M	$795.00M	$1.17B	$1.20B	$1.27B	$1.35B	$1.38B	$1.40B	$1.43B	-	-	-	-	-
Business Segment	$2.54B	$2.58B	$2.59B	$2.79B	$2.89B	$2.90B	$2.96B	$3.00B	$3.22B	$3.42B	$3.40B	$3.49B	$3.51B	$3.52B	$3.60B	-	-	-	-	-
Broadband	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$731.00M	$730.00M	$726.00M	$722.00M	$718.00M
IP & Data Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.58B	$1.58B	$1.59B	$1.62B	$1.76B
Regulatory Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$152.00M	$153.00M	$154.00M	$156.00M	$160.00M
Product and Service, Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$25.00M	$25.00M	$27.00M	$28.00M	$55.00M
Voice	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$391.00M	$401.00M	$409.00M	$421.00M	$453.00M
Voice & Collaboration	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$858.00M	$898.00M	$945.00M	$920.00M	$980.00M
IT & Managed Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$114.00M	$117.00M	$123.00M	$125.00M	$130.00M
Transport & Infrastructure	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.27B	$1.27B	$1.22B	$1.23B	$1.31B

Lumen's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Business Segment (78.73%), and Mass Market Segment (21.27%).

Lumen Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
VZ	Verizon Communications	$133.97B	$33.30B
T	AT&T	$122.43B	$30.21B
CMCSA	Comcast	$121.57B	$32.07B
TMUS	T-Mobile US	$78.56B	$701.00M
CHTR	Charter Communications	$54.61B	$13.79B
TEF	Telefónica	$40.65B	$10.14B
LUMN	Lumen	$3.52B	$3.22B

LUMN Revenue FAQ

What is Lumen’s yearly revenue?

Lumen's yearly revenue for 2023 was $3.52B, representing a decrease of -79.88% compared to 2022. The company's yearly revenue for 2022 was $17.48B, representing a decrease of -11.22% compared to 2021. LUMN's yearly revenue for 2021 was $19.69B, representing a decrease of -4.95% compared to 2020.

What is Lumen’s quarterly revenue?

Lumen's quarterly revenue for Q3 2024 was $3.22B, a -1.44% decrease from the previous quarter (Q2 2024), and a -11.54% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.27B, a -0.67% decrease from the previous quarter (Q1 2024), and a -10.73% decrease year-over-year (Q2 2023). LUMN's quarterly revenue for Q1 2024 was $3.29B, a -6.45% decrease from the previous quarter (Q4 2023), and a -11.99% decrease year-over-year (Q1 2023).

What is Lumen’s revenue growth rate?

Lumen's revenue growth rate for the last 3 years (2021-2023) was -82.14%, and for the last 5 years (2019-2023) was -84.30%.

What are Lumen’s revenue streams?

Lumen's revenue streams in c 23 are Business Segment, and Mass Market Segment. Business Segment generated $11.54B in revenue, accounting 79.24% of the company's total revenue, down -11.53% year-over-year. Mass Market Segment generated $3.02B in revenue, accounting 20.76% of the company's total revenue, down -31.92% year-over-year.

What is Lumen’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Lumen was Business Segment. This segment made a revenue of $11.54B, representing 79.24% of the company's total revenue.