Lumen Technologies
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lumen Technologies's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 17% to $14,557,000,000. Profit margin reached -71%. Total operating expenses were $16,533,000,000.
Profit Margin
| 2014 | 18.03B | 772M | 4.28% |
|---|---|---|---|
| 2015 | 17.9B | 878M | 4.91% |
| 2016 | 17.47B | 626M | 3.58% |
| 2017 | 17.65B | 1.38B | 7.87% |
| 2018 | 23.44B | -1.73B | -7.39% |
| 2019 | 22.40B | -5.26B | -23.52% |
| 2020 | 20.71B | -1.23B | -5.95% |
| 2021 | 19.68B | 2.03B | 10.33% |
| 2022 | 17.47B | -1.54B | -8.86% |
| 2023 | 14.55B | -10.29B | -70.74% |
LUMN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 14.55B | 17.47B | 19.68B | 20.71B | 22.40B | 23.44B | 17.65B | 17.47B | 17.9B | 18.03B |
Cost of revenue | 7.14B | 7.86B | 8.48B | 8.93B | 10.07B | 10.86B | 8.20B | 7.77B | 7.77B | 7.84B |
Gross profit | 7.41B | 9.61B | 11.19B | 11.77B | 12.32B | 12.58B | 9.45B | 9.69B | 10.12B | 10.18B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 62M | 56M | 56M | 62M | 98M | 218M | 216M | 210M | 214M |
Total operating expenses | 16.53B | 6.31B | 6.91B | 8.17B | 8.54B | 9.28B | 7.44B | 7.36B | 7.51B | 7.77B |
Operating income | -9.58B | 3.53B | 4.28B | 3.52B | 3.76B | 570M | 2.00B | 2.33B | 2.60B | 2.41B |
Other income (expenses), net | -653M | -4.53B | -1.58B | -1.74B | -8.52B | -2.68B | -1.46B | 7M | -1.28B | -1.3B |
Income before tax | -10.23B | -991M | 2.70B | -782M | -4.76B | -1.56B | 540M | 1.02B | 1.31B | 1.11B |
Income tax expense | 61M | 557M | 668M | 450M | 503M | 170M | -849M | 394M | 438M | 338M |
Net income | -10.29B | -1.54B | 2.03B | -1.23B | -5.26B | -1.73B | 1.38B | 626M | 878M | 772M |
Earnings per share | ||||||||||
Basic EPS | -10.48 | -1.54 | 1.92 | -1.14 | -4.92 | -1.63 | 2.21 | 1.16 | 1.58 | 1.36 |
Diluted EPS | -10.48 | -1.54 | 1.91 | -1.14 | -4.92 | -1.63 | 2.21 | 1.16 | 1.58 | 1.36 |
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