# QWEST CORP (CTGG) · Edgar & Edgarette company card

> Qwest (CTGG) saw revenue fall 13.8% in FY2025 to $4.7 billion, operating margin -21.3% against a 2.5% median for telephone communications (no radiotelephone), equity 69.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 68622 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CTGG) · [JSON](https://www.pops4.com/boards/company/CTGG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4.7B |
| Revenue growth, 1 year | -13.8% |
| Revenue growth per year | -9.1% |
| Operating margin | -21.3% (prior year 37.2%) |
| Net margin | -27.9% |
| Operating cash flow | $1.8B |
| Capital spending | $824M |
| Free cash flow | $938M |
| Cash | $39M |
| Long-term debt | $1.7B |
| Total assets | $15.8B |
| Total equity | $10.9B |
| Equity ÷ assets | 69.0% |
| Return on equity | -12.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.68 (safe zone)
- Piotroski F: 3 of 9 (middling)
- Beneish M: -3.68 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -21.3% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $4.7B (FY2025), total debt $1.7B. Experience: revenue down 13.8% on the year, down 9.1% a year over 4 years; operating margin -21.3%, down from 37.2%. Soundness: equity 69.0% of assets, return on equity -12.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $3.7B and $4.5B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $3.5B to $4.8B. A statistical range, not company guidance. Against peers (14 filers, $50M+ revenue, telephone communications (no radiotelephone)): operating margin -21.3% against a 2.5% median; growth -13.8% against 2.3%.

Range logged 2026-10-31, receipt 1291b9072f275efc, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-03-17 ([filing](https://www.sec.gov/Archives/edgar/data/68622/000119312526109552/0001193125-26-109552-index.htm))

## Recent filings

- 8-K · filed 2026-06-11 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/68622/000119312526267799/0001193125-26-267799-index.htm)
- 8-K · filed 2026-06-10 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/68622/000119312526265145/0001193125-26-265145-index.htm)
- 8-K · filed 2026-05-20 · 1.01 Entry into a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/68622/000119312526232747/0001193125-26-232747-index.htm)
- 8-K · filed 2026-05-12 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/68622/000119312526218272/0001193125-26-218272-index.htm)
- 10-Q · filed 2026-05-05 · [filing](https://www.sec.gov/Archives/edgar/data/68622/000006862226000011/0000068622-26-000011-index.htm)
- 8-K · filed 2026-05-05 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/68622/000119312526205251/0001193125-26-205251-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000068622.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=68622

## Cite

POPS4, Edgar & Edgarette: QWEST CORP (CTGG) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/CTGG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.