Company research
QWEST CORP
CIK 68622Updated Sep 24, 2026
Name history
U S WEST COMMUNICATIONS INC · through Oct 11, 2000
CTBB price & chart
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Recent filings
15-12G filing
CERT filing
Other Events
Items 8.01, 9.01
Other Events
Items 8.01, 9.01
EFFECT filing
Show 5 more recent filings
424B3 filing
425 filing
Entry into a Material Definitive Agreement · Other Events
Items 1.01, 8.01, 9.01
425 filing
Other Events
Items 8.01, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 15,820,000,000Source | 17,362,000,000Source | 16,337,000,000Source | 18,925,000,000Source |
| Property, Plant and Equipment, NetUSD | 7,446,000,000Source | 8,865,000,000Source | 8,700,000,000Source | 8,273,000,000Source |
| GoodwillUSD | 3,638,000,000Source | 6,955,000,000Source | 6,955,000,000Source | 9,360,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 39,000,000Source | 26,000,000Source | 10,000,000Source | 8,000,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 199,000,000Source | 227,000,000Source | 261,000,000Source | 309,000,000Source |
| Assets, CurrentUSD | 4,505,000,000Source | 1,307,000,000Source | 415,000,000Source | 1,013,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 65,000,000Source | 64,000,000Source | 65,000,000Source | 68,000,000Source |
| Other Assets, NoncurrentUSD | 120,000,000Source | 151,000,000Source | 164,000,000Source | 141,000,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 10,050,000,000Source | 10,050,000,000Source | 10,050,000,000Source | 10,050,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 866,000,000Source | 2,193,000,000Source | 706,000,000Source | 3,504,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 10,916,000,000Source | 12,243,000,000Source | 10,756,000,000Source | 13,554,000,000Source |
| Liabilities and EquityUSD | 15,820,000,000Source | 17,362,000,000Source | 16,337,000,000Source | 18,925,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 653,000,000Source | 966,000,000Source | 933,000,000Source | 728,000,000Source |
| Operating Lease, Liability, CurrentUSD | 14,000,000Source | 15,000,000Source | 20,000,000Source | 21,000,000Source |
| Accounts Payable, CurrentUSD | 152,000,000Source | 221,000,000Source | 362,000,000Source | 213,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 51,000,000Source | 49,000,000Source | 47,000,000Source | 58,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 1,461,000,000Source | 1,336,000,000Source | 1,318,000,000Source | 1,282,000,000Source |
| Other Liabilities, NoncurrentUSD | 703,000,000Source | 685,000,000Source | 679,000,000Source | 654,000,000Source |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | 205,000,000Source | 210,000,000Source | 297,000,000Source |
| Accrued Liabilities, CurrentUSD | 44,000,000Source | 48,000,000Source | 52,000,000Source | — |
| Deferred Revenue, NoncurrentUSD | 99,000,000Source | 97,000,000Source | — | — |
| Deferred Tax Liabilities, NetUSD | 1,459,000,000Source | 1,334,000,000Source | 1,317,000,000Source | 1,280,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 685,000,000Source | 753,000,000Source | 823,000,000Source | 860,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 23,000,000Source | 11,000,000Source | -20,000,000Source | 68,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 125,000,000Source | 37,000,000Source | 22,000,000Source | 20,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,762,000,000Source | 2,194,000,000Source | 2,389,000,000Source | 2,626,000,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,512,000,000Source | -1,891,000,000Source | -466,000,000Source | -1,349,000,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -238,000,000Source | -287,000,000Source | -1,921,000,000Source | -1,271,000,000Source |
| Dividends paid | — | — | — | — |
| Repayments of Long-term DebtUSD | 238,000,000Source | 226,000,000Source | 2,000,000Source | 1,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 12,000,000Source | 16,000,000Source | 2,000,000Source | 6,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 40,000,000Source | 28,000,000Source | 12,000,000Source | 10,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 98,000,000Source | 63,000,000Source | 97,000,000Source | 113,000,000Source |
| Income Taxes Paid, NetUSD | 199,000,000Source | 497,000,000Source | 509,000,000Source | 673,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 33,000,000Source | 41,000,000Source | 67,000,000Source | 79,000,000Source |
| DepreciationUSD | 652,000,000Source | 712,000,000Source | 756,000,000Source | 781,000,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | -235,000,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| GoodwillUSD | 3,638,000,000Source | 6,955,000,000Source | 6,955,000,000Source | 9,360,000,000Source |
| Goodwill, Impairment LossUSD | 2,012,000,000Source | 0Source | 2,405,000,000Source | — |
| Income Tax Expense (Benefit)USD | 352,000,000Source | 527,000,000Source | 561,000,000Source | 671,000,000Source |
| InterestExpenseNonoperatingUSD | 91,000,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -1,327,000,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | 1,487,000,000Source | -831,000,000Source | 1,919,000,000Source |
| Nonoperating Income (Expense)USD | 34,000,000Source | -37,000,000Source | -75,000,000Source | -165,000,000Source |
| Operating Lease, ExpenseUSD | — | 24,000,000Source | 27,000,000Source | 26,000,000Source |
| Operating Lease, Lease IncomeUSD | 262,000,000Source | 273,000,000Source | 304,000,000Source | 346,000,000Source |
| Other Nonoperating Income (Expense)USD | 36,000,000Source | 1,000,000Source | 5,000,000Source | 7,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 0Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 39,000,000Source | 45,000,000Source | 66,000,000Source | 60,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,485,000,000Source | 5,223,000,000Source | 5,600,000,000Source | 6,076,000,000Source |
| Cost of RevenueUSD | 1,449,000,000Source | 1,505,000,000Source | 1,608,000,000Source | 1,646,000,000Source |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 456,000,000Source | 438,000,000Source | 478,000,000Source | 454,000,000Source |
| Operating Income (Loss)USD | -1,009,000,000Source | 2,051,000,000Source | -195,000,000Source | 2,755,000,000Source |
| Other Nonoperating Income (Expense)USD | 36,000,000Source | 1,000,000Source | 5,000,000Source | 7,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -975,000,000Source | 2,014,000,000Source | -270,000,000Source | 2,590,000,000Source |
| Income Tax Expense (Benefit)USD | 352,000,000Source | 527,000,000Source | 561,000,000Source | 671,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,327,000,000Source | — | — | — |
| Interest Expense (non-operating)USD | 91,000,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 33,000,000Source | 41,000,000Source | 67,000,000Source | 79,000,000Source |
| Costs and ExpensesUSD | 5,757,000,000Source | 3,457,000,000Source | 6,110,000,000Source | 3,694,000,000Source |
| Current Income Tax Expense (Benefit)USD | 227,000,000Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 685,000,000Source | 753,000,000Source | 823,000,000Source | 860,000,000Source |
| Goodwill, Impairment LossUSD | 2,012,000,000Source | 0Source | 2,405,000,000Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -987,000,000Source | — | — | — |
| Interest Expense, DebtUSD | — | 62,000,000Source | 95,000,000Source | 112,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | 1,487,000,000Source | -831,000,000Source | 1,919,000,000Source |
| Nonoperating Income (Expense)USD | 34,000,000Source | -37,000,000Source | -75,000,000Source | -165,000,000Source |
| Operating Lease, ExpenseUSD | — | 24,000,000Source | 27,000,000Source | 26,000,000Source |
| Operating Lease, Lease IncomeUSD | 262,000,000Source | 273,000,000Source | 304,000,000Source | 346,000,000Source |
Filing attachments
d20154dex41.htm · 8-K · 2026-06-11
EX-4.1 2 d20154dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Qwest Corporation as Issuer and U.S. Bank Trust Company, National Association, as Trustee INDENTURE Dated as of June 11, 2026 CERTAIN SECTIONS OF THIS INDENTURE RELATING TO SECTIONS 310 THROUGH 318 INCLUSIVE, OF THE TRUST INDENTURE ACT OF 1939 Trust Indenture Act Section INDENTURE Section Section 310(a)(1) Section 609 (a)(2) Section 609 (a)(3) Not App…
Read attachment ↗d20154dex42.htm · 8-K · 2026-06-11
EX-4.2 3 d20154dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 QWEST CORPORATION, LUMEN TECHNOLOGIES, INC., AS GUARANTOR, AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE FIRST SUPPLEMENTAL INDENTURE DATED AS OF June 11, 2026 TO INDENTURE DATED June 11, 2026 $1,002,320,075 6.500% Notes due 2051 $381,528,000 6.750% Notes due 2052 CONTENTS ARTICLE I. RELATION TO BASE INDENTURE; DEFINITIONS 1 Section 1.1 Relation to Base Indentur…
Read attachment ↗d20154dex43.htm · 8-K · 2026-06-11
EX-4.3 4 d20154dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 EXECUTION VERSION EIGHTEENTH SUPPLEMENTAL INDENTURE EIGHTEENTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of June 11, 2026, between QWEST CORPORATION, a Colorado corporation (formerly named US West Communications, Inc.) (the “Issuer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee under the Indenture referred to below (the “Trustee”). W I T N E S S E T H : WHEREAS, th…
Read attachment ↗d20154dex44.htm · 8-K · 2026-06-11
EX-4.4 5 d20154dex44.htm EX-4.4 EX-4.4 Exhibit 4.4 EXECUTION VERSION NINETEENTH SUPPLEMENTAL INDENTURE NINETEENTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of June 11, 2026, between QWEST CORPORATION, a Colorado corporation (formerly named US West Communications, Inc.) (the “Issuer”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee under the Indenture referred to below (the “Trustee”). W I T N E S S E T H : WHEREAS, th…
Read attachment ↗d106759dex991.htm · 8-K · 2026-06-10
EX-99.1 2 d106759dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Lumen Technologies, Inc. and Qwest Corporation Announce Expiration and Final Results of Exchange Offers and Consent Solicitations DENVER, June 10, 2026 - Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced, together with Qwest Corporation, its wholly-owned subsidiary (“Qwest”), the expiration and final results of the previously announced offers (the “Exchange Offers”) by Qwest to exchange the outstan…
Read attachment ↗d227919dex991.htm · 8-K · 2026-05-20
EX-99.1 3 d227919dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Lumen Technologies, Inc. and Qwest Corporation Announce Entry into Support Agreement with Certain Noteholders and Amendment to Previously Announced Exchange Offers DENVER, May 20, 2026 - Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) announced today that it, together with Qwest Corporation (“Qwest”), its wholly-owned subsidiary, has entered into a Support Agreement, dated May 18, 2026 (the “Support Agreement”)…
Read attachment ↗