LITE · Lumentum Holdings Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | $402.20M | $425.20M | $336.90M | $366.80M | $366.50M | $317.60M | $383.40M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $357.00M | $240.10M | $181.50M | $99.60M | $122.50M | $77.90M | $64.00M | $59.50M | $76.70M | $112.00M |
| R&D | $90.60M | $80.10M | $81.40M | $74.20M | $75.90M | $74.30M | $78.30M | $77.20M | $73.50M | $85.40M |
| SG&A | $90.80M | $96.10M | $85.10M | $76.30M | $112.00M | $76.30M | $85.10M | $77.70M | $73.00M | $76.40M |
| Total Operating Expenses | $182.50M | $175.80M | $174.80M | $151.20M | $160.20M | $160.30M | $169.20M | $174.10M | $157.50M | $163.40M |
| D&A | $32.80M | $30.60M | $27.80M | $25.90M | $25.00M | $27.00M | $27.20M | $27.00M | $28.20M | $27.70M |
| Operating Income | $174.50M | $64.30M | $6.70M | ($51.60M) | ($37.70M) | ($82.40M) | ($105.20M) | ($114.60M) | ($80.80M) | ($51.40M) |
| Interest Expense | $6.20M | $6.30M | $5.70M | $9.70M | $9.00M | $9.70M | $9.70M | $9.00M | $9.70M | $8.70M |
| Income Tax | $39.60M | $18.30M | $1.00M | $18.60M | $4.90M | $3.20M | ($2.40M) | $19.60M | ($1.40M) | ($9.40M) |
| Net Income | $144.20M | $78.20M | $4.20M | ($60.90M) | ($44.10M) | ($82.40M) | ($99.10M) | ($127.00M) | ($67.90M) | ($39.30M) |
| EPS - Basic | $1.99 | $1.10 | $0.06 | ($0.88) | ($0.64) | ($1.21) | ($1.47) | ($1.88) | ($1.02) | ($0.57) |
| EPS - Diluted | $1.50 | $0.89 | $0.05 | ($0.88) | ($0.64) | ($1.21) | ($1.47) | ($1.88) | ($1.02) | ($0.57) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.62B | $657.70M | $772.90M | $520.70M | $516.40M | $489.20M | $436.70M | $425.00M | $861.50M | $859.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $632.80M | $570.40M | $531.60M | $470.10M | $422.90M | $403.30M | $398.40M | $420.70M | $428.00M | $408.60M |
| Accounts Payable | $392.70M | $347.40M | $278.60M | $225.20M | $195.20M | $163.10M | $126.30M | $133.40M | $134.60M | $169.40M |
| Current Assets | $4.40B | $2.28B | $2.09B | $1.72B | $1.67B | $1.64B | $1.59B | $1.65B | $2.69B | $2.78B |
| Total Assets | $7.03B | $4.81B | $4.61B | $4.22B | $3.98B | $3.97B | $3.93B | $4.20B | $4.54B | $4.63B |
| Current Liabilities | $3.87B | $3.77B | $1.53B | $392.80M | $353.00M | $305.10M | $269.30M | $317.60M | $593.70M | $633.80M |
| Long-term Debt | $43.20M | $47.10M | $2.16B | $2.56B | $2.56B | $2.50B | - | - | - | $1.90B |
| Total Liabilities | $4.05B | $3.96B | $3.83B | $3.08B | $3.10B | $3.07B | $2.97B | $3.03B | $3.23B | $3.28B |
| Stockholders' Equity | $2.97B | $846.60M | $780.80M | $1.13B | $879.50M | $895.90M | $957.30M | $1.18B | $1.31B | $1.36B |
| Retained Earnings | ($634.60M) | ($778.80M) | ($857.00M) | ($861.20M) | ($1.07B) | ($969.50M) | ($887.10M) | ($634.60M) | ($408.50M) | ($340.60M) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $57.90M | - | - | $39.60M | - | - | ($2.30M) | - |
| Investing Cash Flow | - | - | ($67.80M) | - | - | ($47.10M) | - | - | $17.80M | - |
| Financing Cash Flow | - | - | $262.10M | - | - | $60.00M | - | - | ($12.90M) | - |
| CapEx | - | - | $76.20M | - | - | $74.10M | - | - | $57.80M | - |
| Free Cash Flow | - | - | ($18.30M) | - | - | ($34.50M) | - | - | ($60.10M) | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | 24.8% | 28.8% | 23.1% | 17.4% | 16.2% | 24.1% | 29.2% |
| Operating margin | - | - | - | -12.8% | -8.9% | -24.5% | -28.7% | -31.3% | -25.4% | -13.4% |
| EBITDA margin | - | - | - | -6.4% | -3.0% | -16.4% | -21.3% | -23.9% | -16.6% | -6.2% |
| Net margin | - | - | - | -15.1% | -10.4% | -24.5% | -27.0% | -34.7% | -21.4% | -10.3% |
| Free cash flow margin | - | - | - | - | - | -10.2% | - | - | -18.9% | - |
| FCF / Net income | - | - | -4.36 | - | - | 0.42 | - | - | 0.89 | - |
| R&D / Revenue | - | - | - | 18.4% | 17.9% | 22.1% | 21.3% | 21.1% | 23.1% | 22.3% |
| SG&A / Revenue | - | - | - | 19.0% | 26.3% | 22.6% | 23.2% | 21.2% | 23.0% | 19.9% |
| Effective tax rate | 21.5% | 19.0% | 19.2% | - | - | - | - | - | - | - |
| Return on assets | 2.1% | 1.6% | 0.1% | -1.4% | -1.1% | -2.1% | -2.5% | -3.0% | -1.5% | -0.8% |
| Return on equity | 4.8% | 9.2% | 0.5% | -5.4% | -5.0% | -9.2% | -10.4% | -10.8% | -5.2% | -2.9% |
| Return on invested capital | 4.5% | 5.8% | 0.2% | -1.1% | -0.9% | -1.9% | - | - | - | -1.2% |
| Liquidity | ||||||||||
| Current ratio | 1.14 | 0.61 | 1.37 | 4.37 | 4.72 | 5.36 | 5.90 | 5.20 | 4.53 | 4.38 |
| Quick ratio | 0.97 | 0.45 | 1.02 | 3.18 | 3.53 | 4.04 | 4.43 | 3.87 | 3.81 | 3.74 |
| Cash ratio | 0.68 | 0.17 | 0.51 | 1.33 | 1.46 | 1.60 | 1.62 | 1.34 | 1.45 | 1.36 |
| Leverage | ||||||||||
| Debt / Equity | 0.01 | 0.06 | 2.77 | 2.26 | 2.91 | 2.79 | - | - | - | 1.40 |
| Debt / Assets | 0.01 | 0.01 | 0.47 | 0.61 | 0.64 | 0.63 | - | - | - | 0.41 |
| Debt / EBITDA | 0.21 | 0.50 | 62.74 | - | - | - | - | - | - | - |
| Interest coverage | 28.1x | 10.2x | 1.2x | -5.3x | -4.2x | -8.5x | -10.8x | -12.7x | -8.3x | -5.9x |
| Equity multiplier | 2.36 | 5.68 | 5.91 | 3.72 | 4.52 | 4.43 | 4.11 | 3.57 | 3.47 | 3.42 |
| Liabilities / Assets | 0.58 | 0.82 | 0.83 | 0.73 | 0.78 | 0.77 | 0.76 | 0.72 | 0.71 | 0.71 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | 0.10 | 0.11 | 0.08 | 0.09 | 0.09 | 0.07 | 0.08 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 468.5x | 439.1x | 3215.0x | - | - | - | - | - | - | - |
| P / B | 22.7x | 40.5x | 16.1x | 5.8x | 4.9x | 4.9x | 3.6x | 2.7x | 2.3x | 2.9x |
| P / S | - | - | - | 16.2x | 10.2x | 13.1x | 9.3x | 8.7x | 9.5x | 10.2x |
| EV / EBITDA | 313.7x | 355.1x | 405.2x | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | 9.7% | 16.0% | 6.1% | -17.9% | -4.4% | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | 5.1% |
| Gross profit growth (YoY) | 191.4% | 141.1% | 133.0% | 55.6% | 105.9% | 1.6% | -61.5% | -46.9% | -61.9% | -33.0% |
| Operating income growth (YoY) | - | - | - | 51.0% | 67.1% | -2.0% | -380.4% | -123.0% | - | - |
| Net income growth (YoY) | - | - | - | 38.5% | 65.3% | -21.4% | -212.6% | -223.2% | -16875.0% | - |
| EPS growth (YoY) | - | - | - | 40.1% | 66.0% | -18.6% | -219.6% | -229.8% | -10100.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | -12.0% | -3.4% | -43.4% | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 47.0% | - | - | 42.6% | - | - | -2761.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 238.1% | -25.4% | -12.8% | 18.5% | -25.3% | -31.7% | -38.0% | -13.2% | -14.1% | -27.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-28.
Geographic
$3.13B totalAsia Pacific$1.00B · 32.0%
Americas$480.90M · 15.4%
HK$398.60M · 12.7%
US$312.30M · 10.0%
TH$291.80M · 9.3%
Other Asia Pacific Not Individually Identified$199.50M · 6.4%
EMEA$163.50M · 5.2%
MX$148.50M · 4.7%
JP$78.30M · 2.5%
KR$32.40M · 1.0%
Americas Excluding United States And Mexico$20.10M · 0.6%
Peer comparison
Same SIC group: Communications Equipment, NEC
Comparing Lumentum Holdings Inc. against the 5 most active filers in the same SIC group.