Lumen (LUMN) Revenue & Revenue Breakdown


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Lumen Revenue Highlights


Latest Revenue (Y)

$3.52B

Latest Revenue (Q)

$3.29B

Main Segment (Y)

Business Segment

Lumen Revenue by Period


Lumen Revenue by Year

DateRevenueChange
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$23.44B32.78%
2017-12-31$17.66B1.06%
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$18.38B19.71%
2011-12-31$15.35B118.01%
2010-12-31$7.04B41.56%
2009-12-31$4.97B91.34%
2008-12-31$2.60B-2.13%
2007-12-31$2.66B8.52%
2006-12-31$2.45B-1.27%
2005-12-31$2.48B2.99%
2004-12-31$2.41B1.12%
2003-12-31$2.38B20.73%
2002-12-31$1.97B-6.87%
2001-12-31$2.12B14.71%
2000-12-31$1.85B10.09%
1999-12-31$1.68B11.83%
1998-12-31$1.50B66.31%
1997-12-31$901.50M20.25%
1996-12-31$749.70M16.27%
1995-12-31$644.80M19.36%
1994-12-31$540.20M24.70%
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

DateRevenueChange
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$5.61B0.50%
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$5.95B11.69%
2017-12-31$5.32B31.95%
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$4.55B3.05%
2015-06-30$4.42B-0.72%
2015-03-31$4.45B0.29%
2014-12-31$4.44B-1.68%
2014-09-30$4.51B-0.59%
2014-06-30$4.54B0.07%
2014-03-31$4.54B-0.09%
2013-12-31$4.54B0.60%
2013-09-30$4.51B-0.22%
2013-06-30$4.53B0.27%
2013-03-31$4.51B-1.53%
2012-12-31$4.58B0.26%
2012-09-30$4.57B-0.89%
2012-06-30$4.61B0.04%
2012-03-31$4.61B-0.92%
2011-12-31$4.65B1.24%
2011-09-30$4.60B4.31%
2011-06-30$4.41B159.83%
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$1.87B195.42%
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$658.11M1.46%
2008-03-31$648.61M-

Lumen generated $3.29B in revenue during Q1 2024, up -6.45% compared to the previous quarter, and up 86.58% compared to the same period a year ago.

Lumen Revenue Breakdown


Lumen Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Business Segment$11.54B$13.04B$14.12B--
Mass Market Segment$3.02B$4.44B$5.57B--
Transport & Infrastructure---$4.99B$5.20B
Voice & Collaboration---$3.62B$4.02B
Voice---$1.62B$1.88B
Product and Service, Other---$105.00M$251.00M
IT & Managed Services---$479.00M$535.00M
IP & Data Services---$6.37B$7.00B
Regulatory Revenue---$615.00M$634.00M
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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Business Segment$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------
Mass Market Segment$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------
Product and Service, Other--------------$25.00M$25.00M$27.00M$28.00M$55.00M$61.00M
IT & Managed Services--------------$114.00M$117.00M$123.00M$125.00M$130.00M$126.00M
IP & Data Services--------------$1.58B$1.58B$1.59B$1.62B$1.76B$1.76B
Broadband--------------$731.00M$730.00M$726.00M$722.00M$718.00M$718.00M
Voice--------------$391.00M$401.00M$409.00M$421.00M$453.00M$462.00M
Voice & Collaboration--------------$858.00M$898.00M$945.00M$920.00M$980.00M$1.01B
Transport & Infrastructure--------------$1.27B$1.27B$1.22B$1.23B$1.31B$1.31B
Regulatory Revenue--------------$152.00M$153.00M$154.00M$156.00M$160.00M$157.00M

Lumen's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Business Segment (78.86%), and Mass Market Segment (21.14%).

Lumen Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
VZVerizon Communications$133.97B$32.80B
TAT&T$122.43B$29.80B
CMCSAComcast$121.57B$29.69B
TMUST-Mobile US$78.56B$19.77B
CHTRCharter Communications$54.61B$13.69B
ORANOrange$44.12B$9.85B
TEFTelefónica$40.65B$10.14B
LUMNLumen$3.52B$3.29B

LUMN Revenue FAQ


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.

Lumen'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). The company's quarterly revenue for Q4 2023 was $3.52B, a -3.41% decrease from the previous quarter (Q3 2023), and a -7.45% decrease year-over-year (Q4 2022). LUMN's quarterly revenue for Q3 2023 was $3.64B, a -0.55% decrease from the previous quarter (Q2 2023), and a -17.06% decrease year-over-year (Q3 2022).

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%.

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.

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.