Companies: 10,795·Total market cap: $144.5T
Lumen Technologies, Inc.

Lumen Technologies, Inc.

LUMNNYSECommunication Services● Active
$8.91
$-0.99(-10.00%)
Market Cap$9.2B
P/E Ratio
52W High$11.95
52W Low$3.37

Lumen Technologies, Inc. (LUMN) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

LUMN · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
994.5M +0.70% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 987.7M in FY 2024
Diluted Shares Outstanding
994.5M
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
+0.70%
year-over-year
Float (Free Float)
946.2M
publicly tradable shares
91.8% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRdeclining
-0.3%
2022 → 2025
5-Year CAGRdeclining
-1.6%
2020 → 2025
10-Year CAGRincreasing
+6.0%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 994.5M
994.5M
+0.70%
FY 2024
Diluted Shares: 987.7M
987.7M
+0.47%
FY 2023
Diluted Shares: 983.1M
983.1M
-2.20%
FY 2022
Diluted Shares: 1.008B
1.005B
-5.13%
FY 2021
Diluted Shares: 1.067B
1.060B
-1.82%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Communication Services sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Communication Services sector.

#SymbolCompanyShares (Basic)vs LUMN
#1
Alphabet Inc.GOOGL
Alphabet Inc.
12.116B+>999%
#2
Alphabet Inc.GOOG
Alphabet Inc.
12.116B+>999%
#3
Netflix, Inc.NFLX
Netflix, Inc.
4.229B+325.2%
#4
Verizon Communications Inc.VZ
Verizon Communications Inc.
4.226B+324.9%
#5
Meta Platforms, Inc.META
Meta Platforms, Inc.
2.521B+153.5%
#6
T-Mobile US, Inc.TMUS
T-Mobile US, Inc.
1.128B+13.4%
#7
Lumen Technologies, Inc.LUMN
Lumen Technologies, Inc.YOU
994.5M

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Lumen Technologies, Inc. (LUMN) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Lumen Technologies, Inc. reports 994.5M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Lumen Technologies, Inc.'s basic shares outstanding (994.5M) represents currently issued shares. Diluted shares outstanding (994.5M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

Lumen Technologies, Inc.'s float is 946.2M (91.8% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float946.2M(91.8%)
Outstanding1.030B

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Lumen Technologies, Inc. (LUMN) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Lumen Technologies, Inc. shares outstanding for the fiscal year ending December 31, 2025 were 994.5M, a 0.70% increase year-over-year. Lumen Technologies, Inc. FY 2025 shares outstanding were 994.5M, a +0.70% increase from FY 2024.

Lumen Technologies, Inc. is a leading company operating in the Communication Services sector. The company's share count trajectory — with a 10-year CAGR of +6.0% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

LUMN shares outstanding · 4 questions

As of December 31, 2025, Lumen Technologies, Inc. (LUMN) has approximately 994.5M basic shares outstanding and 994.5M diluted shares outstanding. This represents a +0.70% year-over-year increase from FY 2024 (987.7M). The increase may reflect equity compensation issuances or secondary offerings.

LUMN shares outstandinghow many shares does LUMN haveLUMN basic shares 2025LUMN diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Lumen Technologies, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08