What is the primary revenue source for Qwest Corp Notes (CTBB)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze CTBB's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Qwest Corp Notes's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Qwest Corp Notes Makes Money: CTBB Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Watch

Revenue declined year over year, putting pressure on the core business.

Operating margin declined by 27.28 percentage points year over year.

Revenue: USD 1.05B
Largest revenue segment share (Affiliate services): 40.72%
Cost of revenue: USD 294.00M
Income tax expense: USD 288.00M

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

RevenueTotal revenue · Revenues
Cost of revenueCost of services and products (exclusive of depreciation and amortization) · CostOfGoodsAndServicesSold
Income tax expenseIncome tax expense · IncomeTaxExpenseBenefit
Largest revenue segment share (Affiliate services)Affiliate services · segment_value / revenue * 100
Operating marginOperating income · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Property, plant and equipment: USD 7.39B
Goodwill: USD 3.64B
Accounts receivable: USD 185.00M
Shareholder equity: USD 10.69B

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

Shareholder equityTotal stockholder's equity · StockholdersEquity
Accounts receivableAccounts receivable, after allowance for credit loss, current · AccountsReceivableNetCurrent
GoodwillGoodwill · Goodwill
Property, plant and equipmentProperty, plant and equipment, net · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 116.81% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 226.00M
Operating cash flow: USD 264.00M
Cash conversion: 116.81%
Free cash flow: USD 149.00M

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Source metrics

Net incomeNet (loss) income · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Neutral

There was no material cash return; earnings stayed in the business without significant dilution.

View calculation evidence

YoY periods: Q1 2026 compared with Q1 2025

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?