For the twelve months ended Sep 26, 2026, Lumentum Holdings Inc. reported $3.74B of revenue and -$6.58B of net income.
LITE revenue was $1.26B in fiscal Q1 2027 (ended Sep 26, 2026), up 136.5% from a year earlier and up 25.5% from the prior quarter. For the full fiscal 2026 it was $3.01B, up 83.2% from fiscal 2025. Compound annual growth was +11.6% over 5 years and +12.8% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2026 is the highest of the 14 fiscal years on file.
LITE net income was $360.30M in fiscal Q1 2027 (ended Sep 26, 2026), up about 86-fold from a year earlier. For the full fiscal 2026 it was -$6.94B, compared with $25.90M in fiscal 2025.
LITE diluted EPS was $3.54 in fiscal Q1 2027 (ended Sep 26, 2026), up about 71-fold from a year earlier. For the full fiscal 2026 it was -$92.96, compared with $0.37 in fiscal 2025.
LITE free cash flow was $37.90M in fiscal Q1 2027 (ended Sep 26, 2026), compared with -$18.30M a year earlier and down 80.7% from the prior quarter. For the full fiscal 2026 it was $300.10M, compared with -$104.70M in fiscal 2025. Compound annual growth was -14.4% over 5 years and +51.9% over 10 years.
| Line item | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | Jun 30, 2018 | Jul 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.01B | $1.65B | $1.36B | $1.77B | $1.71B | $1.74B | $1.68B | $1.57B | $1.25B | $1.00B |
| Cost of revenue | - | - | - | - | - | - | - | $1.09B | $812.40M | $677.00M |
| Gross profit | $1.26B | $459.90M | $251.50M | $569.00M | $788.60M | $783.10M | $650.20M | $425.90M | $432.10M | $318.10M |
| Research and development | $356.50M | $303.90M | $302.20M | $307.80M | $220.70M | $214.50M | $198.60M | $184.60M | $156.80M | $148.30M |
| Selling, general and admin | $363.20M | $348.20M | $310.70M | $348.80M | $265.70M | $241.40M | $235.20M | $200.30M | $128.20M | $110.20M |
| Operating income | $524.80M | -$180.10M | -$434.00M | -$115.70M | $303.30M | $527.00M | $204.10M | -$21.60M | $139.90M | $47.60M |
| Interest expense | $21.80M | $22.20M | $33.80M | $35.50M | $80.20M | $66.70M | $61.20M | $36.30M | $18.20M | $5.50M |
| Pre-tax income | - | - | - | - | - | - | - | -$33.30M | $129.40M | -$59.80M |
| Income tax | -$237.70M | -$198.00M | $140.80M | $29.20M | $36.20M | $65.80M | $38.80M | $3.10M | -$118.70M | $42.70M |
| Net income | -$6.94B | $25.90M | -$546.50M | -$131.60M | $198.90M | $397.30M | $135.50M | -$36.40M | $248.10M | -$102.50M |
| EPS, basic | -$92.96 | $0.38 | -$8.12 | -$1.93 | $2.79 | $5.27 | $1.79 | -$0.54 | $3.88 | -$1.71 |
| EPS, diluted | -$92.96 | $0.37 | -$8.12 | -$1.93 | $2.68 | $5.07 | $1.75 | -$0.54 | $3.82 | -$1.71 |
| Diluted shares | 74.6M | 69.6M | 67.3M | 68.3M | 74.2M | 78.4M | 77.6M | 70.7M | 63.3M | 60.6M |
| Line item | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | Jun 30, 2018 | Jul 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.04B | $520.70M | $436.70M | $859.00M | $1.29B | $774.30M | $298.00M | $432.60M | $397.30M | $272.90M |
| Short-term investments | $694.90M | $356.40M | $450.30M | $1.15B | $1.26B | $1.17B | $1.26B | $335.90M | $314.20M | $282.40M |
| Receivables | $0 | - | - | - | - | - | - | - | $197.10M | $166.30M |
| Inventory | $691.60M | $470.10M | $398.40M | $408.60M | $250.10M | $196.40M | $188.90M | $228.80M | $174.10M | $145.20M |
| Current assets | $4.16B | $1.72B | $1.59B | $2.78B | $3.14B | $2.44B | $2.05B | $1.33B | $1.13B | $930.30M |
| Goodwill | $1.07B | $1.06B | $1.06B | $695.10M | $368.90M | $368.90M | $368.90M | $368.90M | $11.30M | $11.40M |
| Total assets | $7.31B | $4.22B | $3.93B | $4.63B | $4.16B | $3.55B | $3.29B | $2.72B | $1.58B | $1.23B |
| Current liabilities | $2.48B | $392.80M | $269.30M | $633.80M | $716.50M | $664.60M | $283.00M | $294.00M | $214.00M | $184.20M |
| Short-term debt | $1.60B | $10.60M | $0 | - | $409.90M | - | - | - | - | - |
| Long-term debt | $40.50M | $2.56B | $2.50B | - | $1.47B | - | - | - | - | - |
| Total debt | $1.64B | $2.57B | $2.50B | - | $1.88B | $1.53B | $1.54B | - | $456.70M | $457.30M |
| Total liabilities | $2.66B | $3.08B | $2.97B | $3.28B | $2.29B | $1.58B | $1.54B | $1.22B | $619.60M | $578.30M |
| Shareholders' equity | $4.64B | $1.13B | $957.30M | $1.36B | $1.88B | $1.97B | $1.75B | $1.50B | $926.10M | $618.80M |
| Line item | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | Jun 30, 2018 | Jul 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $751.40M | $126.30M | $24.70M | $179.80M | $459.30M | $738.70M | $524.30M | $330.10M | $247.50M | $85.00M |
| Capital expenditures | $451.30M | $231.00M | $133.00M | $128.50M | $91.20M | $84.80M | $86.00M | $166.00M | $93.20M | $138.10M |
| Free cash flow | $300.10M | -$104.70M | -$108.30M | $51.30M | $368.10M | $653.90M | $438.30M | $164.10M | $154.30M | -$53.10M |
| Investing cash flow | -$785.50M | -$84.10M | -$114.30M | -$874.00M | -$226.30M | $1.00M | -$987.70M | -$779.70M | -$127.00M | -$425.70M |
| Financing cash flow | $1.56B | $41.80M | -$332.70M | $263.00M | $282.90M | -$263.40M | $328.80M | $485.10M | $3.80M | $456.70M |
| Share repurchases | - | $0 | $0 | $175.60M | $543.90M | $236.00M | $200.00M | $0 | $0 | - |
| Stock-based compensation | $170.20M | $177.20M | $128.80M | $148.40M | $103.10M | $92.90M | $73.20M | $60.70M | $46.80M | $32.70M |
| Line item | Jun 27, 2026 | Jun 28, 2025 | Jun 29, 2024 | Jul 1, 2023 | Jul 2, 2022 | Jul 3, 2021 | Jun 27, 2020 | Jun 29, 2019 | Jun 30, 2018 | Jul 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 83.2% | 21.0% | -23.1% | 3.2% | -1.7% | 3.8% | 7.2% | 25.5% | 24.6% | 10.9% |
| Net income growth, YoY | - | - | - | - | -49.9% | 193.2% | - | - | - | - |
| EPS growth, YoY | - | - | - | - | -47.1% | 189.7% | - | - | - | - |
| Gross margin | 41.7% | 28.0% | 18.5% | 32.2% | 46.0% | 44.9% | 38.7% | 27.2% | 34.6% | 31.8% |
| Operating margin | 17.4% | -10.9% | -31.9% | -6.5% | 17.7% | 30.2% | 12.2% | -1.4% | 11.2% | 4.8% |
| Net margin | -230.1% | 1.6% | -40.2% | -7.4% | 11.6% | 22.8% | 8.1% | -2.3% | 19.9% | -10.2% |
| Free cash flow margin | 10.0% | -6.4% | -8.0% | 2.9% | 21.5% | 37.5% | 26.1% | 10.5% | 12.4% | -5.3% |
| Return on equity | -149.3% | 2.3% | -57.1% | -9.7% | 10.6% | 20.1% | 7.7% | -2.4% | 26.8% | -16.6% |
| Return on assets | -94.9% | 0.6% | -13.9% | -2.8% | 4.8% | 11.2% | 4.1% | -1.3% | 15.7% | -8.3% |
| Current ratio | 1.68 | 4.37 | 5.90 | 4.38 | 4.38 | 3.67 | 7.24 | 4.53 | 5.27 | 5.05 |
| Debt to equity | 0.35 | 2.27 | 2.61 | - | 1.00 | 0.78 | 0.88 | - | 0.49 | 0.74 |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.01B | $808.40M | $665.50M | $533.80M | $480.70M | $425.20M | $402.20M | $336.90M | $308.30M | $366.50M | $366.80M |
| Gross profit | $644.00M | $477.30M | $357.00M | $240.10M | $181.50M | $159.90M | $122.50M | $99.60M | $77.90M | $51.30M | $59.50M | $64.00M |
| Research and development | $191.80M | $104.40M | $90.60M | $80.10M | $81.40M | $79.50M | $75.90M | $74.20M | $74.30M | $73.20M | $77.20M | $78.30M |
| Selling, general and admin | $99.30M | $91.20M | $90.80M | $96.10M | $85.10M | $83.60M | $112.00M | $76.30M | $76.30M | $74.90M | $77.70M | $85.10M |
| Operating income | $359.80M | $279.30M | $174.50M | $64.30M | $6.70M | -$8.40M | -$37.70M | -$51.60M | -$82.40M | -$133.40M | -$114.60M | -$105.20M |
| Interest expense | $2.40M | $3.60M | $6.20M | $6.30M | $5.70M | $5.40M | $5.70M | $5.60M | $5.50M | $5.40M | $9.00M | $9.70M |
| Income tax | $10.00M | -$296.60M | $39.60M | $18.30M | $1.00M | -$224.70M | $4.90M | $18.60M | $3.20M | $125.00M | $19.60M | -$2.40M |
| Net income | $360.30M | -$7.16B | $144.20M | $78.20M | $4.20M | $213.30M | -$44.10M | -$60.90M | -$82.40M | -$252.50M | -$127.00M | -$99.10M |
| EPS, basic | $3.90 | - | $1.99 | $1.10 | $0.06 | $3.11 | -$0.64 | -$0.88 | -$1.21 | -$3.75 | -$1.88 | -$1.47 |
| EPS, diluted | $3.54 | - | $1.50 | $0.89 | $0.05 | $3.10 | -$0.64 | -$0.88 | -$1.21 | -$3.75 | -$1.88 | -$1.47 |
| Diluted shares | 101.7M | - | 96.2M | 87.8M | 78.3M | - | 69.3M | 68.9M | 68.3M | - | 67.5M | 67.2M |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.27B | $2.04B | $2.62B | $657.70M | $772.90M | $520.70M | $516.40M | $479.70M | $489.20M | $436.70M | $425.00M | $469.30M |
| Short-term investments | $707.40M | $694.90M | $554.50M | $497.60M | $348.90M | $356.40M | $350.30M | $417.00M | $426.90M | $450.30M | $445.90M | $754.70M |
| Receivables | $100.00M | $0 | - | - | - | - | - | - | - | - | - | - |
| Inventory | $807.70M | $691.60M | $632.80M | $570.40M | $531.60M | $470.10M | $422.90M | $402.30M | $403.30M | $398.40M | $420.70M | $471.70M |
| Current assets | $3.85B | $4.16B | $4.40B | $2.28B | $2.09B | $1.72B | $1.67B | $1.65B | $1.64B | $1.59B | $1.65B | $2.06B |
| Goodwill | $1.07B | $1.07B | $1.07B | $1.06B | $1.06B | $1.06B | $1.06B | $1.06B | $1.06B | $1.06B | $1.06B | $1.05B |
| Total assets | $7.27B | $7.31B | $7.03B | $4.81B | $4.61B | $4.22B | $3.98B | $3.97B | $3.97B | $3.93B | $4.20B | $4.66B |
| Current liabilities | $2.39B | $2.48B | $3.87B | $3.77B | $1.53B | $392.80M | $353.00M | $346.90M | $305.10M | $269.30M | $317.60M | $658.40M |
| Short-term debt | $1.36B | $1.60B | $3.24B | $3.24B | $1.08B | $10.60M | $10.30M | $9.80M | $10.80M | $0 | - | - |
| Long-term debt | $39.30M | $40.50M | $43.20M | $47.10M | $2.16B | $2.56B | $2.56B | $2.56B | $2.57B | $2.50B | - | - |
| Total debt | $1.40B | $1.64B | $3.28B | $3.29B | $3.24B | $2.57B | $2.57B | $2.57B | $2.58B | $2.50B | - | - |
| Total liabilities | $2.70B | $2.66B | $4.05B | $3.96B | $3.83B | $3.08B | $3.10B | $3.09B | $3.07B | $2.97B | $3.03B | $3.38B |
| Shareholders' equity | $4.57B | $4.64B | $2.97B | $846.60M | $780.80M | $1.13B | $879.50M | $872.30M | $895.90M | $957.30M | $1.18B | $1.28B |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $267.70M | $363.00M | $203.80M | $126.70M | $57.90M | $64.00M | -$1.60M | $24.30M | $39.60M | $35.50M | -$7.00M | -$1.50M |
| Capital expenditures | $229.80M | $166.80M | $124.70M | $83.60M | $76.20M | $53.90M | $62.80M | $40.20M | $74.10M | $24.60M | $19.60M | $31.00M |
| Free cash flow | $37.90M | $196.20M | $79.10M | $43.10M | -$18.30M | $10.10M | -$64.40M | -$15.90M | -$34.50M | $10.90M | -$26.60M | -$32.50M |
| Investing cash flow | -$234.60M | -$304.40M | -$181.90M | -$231.40M | -$67.80M | -$59.40M | $53.10M | -$30.70M | -$47.10M | -$27.50M | $290.30M | -$394.90M |
| Financing cash flow | -$804.40M | -$632.90M | $1.94B | -$10.50M | $262.10M | -$300.0K | -$14.80M | -$3.10M | $60.00M | $3.70M | -$327.60M | $4.10M |
| Share repurchases | - | - | - | - | - | - | - | - | - | $0 | $0 | $0 |
| Stock-based compensation | $132.50M | $40.80M | $41.60M | $45.40M | $42.40M | $40.00M | $62.80M | $38.80M | $35.60M | $30.50M | $31.60M | $34.60M |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 136.5% | 109.3% | 90.1% | 65.5% | 58.4% | 55.9% | 16.0% | 9.7% | 6.1% | -16.9% | -4.4% | -27.5% |
| Net income growth, YoY | 8478.6% | - | - | - | - | - | - | - | - | - | - | - |
| EPS growth, YoY | 6980.0% | - | - | - | - | - | - | - | - | - | - | - |
| Gross margin | 51.0% | 47.4% | 44.2% | 36.1% | 34.0% | 33.3% | 28.8% | 24.8% | 23.1% | 16.6% | 16.2% | 17.4% |
| Operating margin | 28.5% | 27.8% | 21.6% | 9.7% | 1.3% | -1.7% | -8.9% | -12.8% | -24.5% | -43.3% | -31.3% | -28.7% |
| Net margin | 28.5% | -711.7% | 17.8% | 11.8% | 0.8% | 44.4% | -10.4% | -15.1% | -24.5% | -81.9% | -34.7% | -27.0% |
| Free cash flow margin | 3.0% | 19.5% | 9.8% | 6.5% | -3.4% | 2.1% | -15.1% | -4.0% | -10.2% | 3.5% | -7.3% | -8.9% |
| Current ratio | 1.61 | 1.68 | 1.14 | 0.61 | 1.37 | 4.37 | 4.72 | 4.76 | 5.36 | 5.90 | 5.20 | 3.13 |
| Debt to equity | 0.31 | 0.35 | 1.10 | 3.88 | 4.15 | 2.27 | 2.93 | 2.95 | 2.88 | 2.61 | - | - |
Source: XBRL data Lumentum Holdings Inc. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| LITE | $3.74B | +103.2% | -$6.58B | -175.8% | $46.23B |
| VZ | $139.39B | +1.4% | $16.42B | 11.8% | $191.15B |
| TMUS | $93.82B | +9.3% | $11.30B | 12.0% | $170.11B |
| T | $128.85B | +3.5% | $13.13B | 10.2% | $146.99B |
| GLW | $17.72B | +18.8% | $2.24B | 12.6% | $89.09B |
| AMX | MXN 943.64B | +8.6% | MXN 82.82B | 8.8% | $75.57B |
| CHT | NT$236.11B | +2.7% | NT$38.70B | 16.4% | $37.90B |
| VOD | €40.46B | +8.0% | -€397.00M | -1.0% | $36.91B |
| CIEN | $6.02B | +32.6% | $654.41M | 10.9% | $32.73B |