Lumentum Holdings LITE · USD
Information Technology · Communications Equipment · US listing · 🇺🇸 United States
S&P 500Nasdaq-100
596.16
+10.69%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$3.01bn
FY2017FY2026
Net income
−$6.94bn
FY2017FY2026
Free cash flow
—
FY2017FY2026
Shareholders' equity
$4.64bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.01bn | $1.65bn | $1.36bn | $1.77bn | $1.71bn | $1.71bn | $1.68bn | $1.57bn | $1.25bn | $1.00bn |
| Gross profit | $1.26bn | $459.9m | $251.5m | $569.0m | $788.6m | $788.6m | $650.2m | $425.9m | $432.1m | $318.1m |
| Research and development | $356.5m | $303.9m | $302.2m | $307.8m | $220.7m | $220.7m | $198.6m | $184.6m | $156.8m | $148.3m |
| Operating income | $524.8m | −$192.2m | −$361.4m | −$87.6m | $302.2m | $303.3m | $204.1m | −$10.9m | $139.9m | $47.6m |
| Net income | −$6.94bn | $25.9m | −$546.5m | −$131.6m | $198.9m | $198.9m | $135.5m | −$36.4m | $248.1m | −$102.5m |
| Diluted earnings per share | -92.96 | 0.29 | -7.93 | -1.94 | 2.91 | 2.64 | 1.73 | -0.47 | 3.66 | -1.59 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $7.31bn | $4.22bn | $3.93bn | $4.63bn | $4.16bn | $3.55bn | $3.29bn | $2.72bn | $1.58bn | $1.23bn |
| Cash and short-term investments | $2.74bn | $877.1m | $887.0m | $2.01bn | $2.55bn | $1.95bn | $1.55bn | $768.5m | $711.5m | $555.3m |
| Total liabilities | $2.66bn | $3.08bn | $2.97bn | $3.28bn | $2.29bn | $1.58bn | $1.54bn | $1.22bn | $619.6m | $578.3m |
| Debt | $1.61bn | $2.58bn | $2.52bn | $2.83bn | $1.89bn | $1.19bn | $1.13bn | $841.3m | $341.9m | $358.1m |
| Shareholders' equity | $4.64bn | $1.13bn | $957.3m | $1.36bn | $1.88bn | $1.97bn | $1.75bn | $1.50bn | $961.9m | $654.6m |
| Shares outstanding | 75m | 88m | 69m | 68m | 68m | 75m | 78m | 78m | 68m | 65m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | — | $126.3m | $24.7m | $179.8m | $459.3m | $738.7m | $524.3m | $330.1m | $247.5m | $85.0m |
| Capital spending | — | −$231.0m | −$136.0m | −$128.5m | −$91.2m | −$94.8m | −$86.0m | −$166.0m | −$93.2m | −$138.1m |
| Free cash flow | — | −$104.7m | −$111.3m | $51.3m | $368.1m | $643.9m | $438.3m | $164.1m | $154.3m | −$53.1m |
| Dividends paid | — | — | — | — | — | −$200,000 | −$700,000 | −$700,000 | −$700,000 | −$900,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01bn | $808.4m | $665.5m | $533.8m | $480.7m | $425.2m | $402.2m | $336.9m |
| Gross profit | $477.3m | $357.0m | $240.1m | $181.5m | $159.9m | $122.5m | $99.6m | $77.9m |
| Operating income | $270.3m | $181.8m | $63.9m | $15.0m | −$3.2m | −$65.4m | −$50.9m | −$72.7m |
| Net income | −$7.16bn | $144.2m | $78.2m | $4.2m | $213.3m | −$44.1m | −$60.9m | −$82.4m |
| Diluted earnings per share | -96.00 | 1.93 | 0.89 | 0.05 | 2.96 | -0.64 | -0.88 | -1.21 |
| Cash from operations | — | $203.0m | $126.0m | $57.0m | $64.0m | −$1.0m | $24.0m | $39.0m |
| Capital spending | — | −$124.0m | −$76.0m | −$76.0m | −$53.0m | −$62.0m | −$40.0m | −$74.0m |
| Free cash flow | — | $79.0m | $50.0m | −$19.0m | $11.0m | −$63.0m | −$16.0m | −$35.0m |
| Total assets | $7.31bn | $7.03bn | $4.81bn | $4.61bn | $4.22bn | $3.98bn | $3.97bn | $3.97bn |
| Cash and short-term investments | $2.74bn | $3.17bn | $1.16bn | $1.12bn | $877.1m | $866.7m | $896.7m | $916.1m |
| Debt | $1.61bn | $3.29bn | $47.1m | $2.16bn | $2.56bn | $2.56bn | $2.56bn | $2.57bn |
| Shareholders' equity | $4.64bn | $2.97bn | $846.6m | $780.8m | $1.13bn | $879.5m | $872.3m | $895.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.5% | 12.0% | 12.8% |
| Operating income | — | 11.6% | 46.4% |
| Net income | 274.9% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 36.8% | 32.6% | 36.7% | 35.3% |
| Operating margin | 7.1% | -1.5% | 4.4% | 5.0% |
| Net margin | -148.3% | -97.5% | -64.1% | -39.4% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -6.7 | — | -10.6 | -27.0 | 17.9 | 40.0 | 54.9 | -169.9 | 11.5 | -30.8 |
| Price to sales | 15.5 | 19.7 | 4.3 | 2.0 | 2.1 | 4.7 | 4.4 | 4.0 | 2.3 | 3.1 |
Market value over time
31 Oct 2016 to 18 Sept 2026, in USD
$2.02bn$69.45bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 307% | 64% | -1% | -51% | 16% | 14% | 93% | -24% | 34% | 80% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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