Lumen Technologies, Inc.
LUMNQ2 2025(LUMN Q1 FY2025)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$450.9M
AI Revenue (Q)
$76.5M
Total Revenue (Q)
$3.1B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q1 2025 is the first filing to explicitly reference Lumen's 'use of artificial intelligence (AI)' as a corporate initiative alongside PCF. Total quarterly revenue was $3,182M. Current deferred revenue was $876M (vs $861M at Dec 2024), reflecting continued PCF deal activity. The 'Grow' category includes dark fiber and conduit, Edge Cloud, IP, managed security, SD-WAN, UC&C, and wavelengths. No specific AI revenue figure is disclosed, but the growing deferred revenue base and public statements about $5B+ PCF pipeline suggest increasing recognition of AI-driven fiber revenue. I estimate approximately $80M in Q1 2025 AI-attributable revenue from PCF custom builds and dark fiber for AI data centers. $80M / $3,182M = 2.5%.
Analyzed by claude-opus-4-6
Quoted Figures
statements concerning our completed, pending, or proposed transactions, investments, product development, Private Connectivity Fabric SM and Quantum Fiber buildouts, transformation plans, participation in government programs, use of artificial intelligence ("AI"), deleveraging plans
10-Q Q1 2025, Forward-Looking Statements
our ability to successfully adjust to changes in customer demand for our products and services, including increased demand for high-speed data transmission services and AI-enhanced services
10-Q Q1 2025, Forward-Looking Statements
OPERATING REVENUE $ 3,182 3,290
10-Q Q1 2025, Consolidated Statement of Operations
Current portion of deferred revenue 876 861
10-Q Q1 2025, Consolidated Balance Sheet
AI Products Identified (Ring 1)
Private Connectivity Fabric (custom AI data center fiber networks)Dark Fiber and Conduit (AI hyperscaler builds)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Edge Cloud ServicesOptical ServicesManaged Security ServicesIP services (AI workload traffic)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix