Lumen Technologies reports a wider net loss and declining revenue amid strategic shift toward enterprise fiber and AI infrastructure.
Lumen Technologies reported a net loss of $1.7 billion for fiscal year 2025, widening from its 2024 loss, as revenue fell 5% year-over-year to $12.4 billion. The company is transitioning away from legacy services following the divestiture of its residential fiber business to AT&T in February 2026.
The decline reflects ongoing pressure as Lumen shifts focus to high-bandwidth fiber, edge cloud, and AI infrastructure for enterprise clients. The company’s strategy now centers on its unified digital platform and cloud-native networking from its Alkira acquisition. Lumen holds $13.25 billion in assets but faces challenges in stabilizing revenue amid the transformation.