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Nasdaq · Communication Services

Lumentum Holdings Inc. (LITE)

As-reported financials and SEC filings for Lumentum Holdings Inc. The latest annual period is FY2026. The latest reported quarter is Q4 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Lumentum Holdings Inc.

Lumentum Holdings Inc. produces optical and photonic products used in cloud computing, artificial intelligence, telecommunications, consumer electronics, and industrial applications. Its main offerings include optical chips, components, and modules for data centers and networks, as well as lasers for 3D sensing and precision manufacturing. The company serves cloud data center operators, network equipment manufacturers, and industrial customers worldwide.

Snapshot

Revenue
$3.01B
Revenue growth (YoY)
83.2%
Net income
$-6.94B
Diluted EPS
$-92.96
Gross margin
Operating margin
Net margin
FCF margin
ROE
-149.3%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$77.94B
Long-term debt / equity
0.01×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended June 27, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Lumentum Holdings

  • Revenue grew 83.2% to $3.0B in FY2026, faster than the 21.0% the year before.
  • Operating margin is 17.4% in FY2026, -0.3 pp against 17.7% in FY2022.
  • Most recent quarter Q4 FY2026: revenue $1.0B, up 109.3% from Q4 FY2025.
  • Free cash flow was $300M in FY2026, 10.0% of revenue.
  • Net income turned to a $6.9B loss in FY2026, from a $26M profit in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Lumentum Holdings’s fundamentals sit among the 216 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Revenue growth (YoY)+83.2%
94th percentile of 209
ROE-149.3%
7th percentile of 165
Long-term debt / equity0.01×
5th percentile of 101
Short interest1.30d
19th percentile of 216

Lumentum Holdings’s long-term debt to equity of 0.01 ranks in the 5th percentile of the 101 Communication Services companies reporting it. Lumentum Holdings’s revenue growth of +83.2% ranks in the 94th percentile of the 209 Communication Services companies reporting it. Lumentum Holdings’s return on equity of -149.3% ranks in the 7th percentile of the 165 Communication Services companies reporting it.

No reported insider purchases (code P) in the last 90 days; 49 insider sales totaling $56.3M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+7 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
9
7 trimmed, 2 exited
Combined position
$1.47B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$573.2M668.0KAdded
AQR Capital ManagementquantQ2 2026$343.5M400.7KAdded
Two Sigma InvestmentsquantQ2 2026$206.1M240.2KReduced
Renaissance TechnologiesquantQ2 2026$171.3M199.6KReduced
Citadel AdvisorsquantQ2 2026$88.0M102.6KReduced
Millennium ManagementquantQ2 2026$55.1M64.2KReduced
Bridgewater AssociatesQ2 2026$16.0M18.6KAdded
Gotham Asset ManagementQ2 2026$7.2M8.4KReduced
Point72 Asset ManagementquantQ2 2026$3.6M4.2KReduced
Sands Capital ManagementQ2 2026$2.5M3.0KAdded
Maverick CapitalQ2 2026$885,5181.0KReduced
Polen Capital ManagementQ2 2026$208,509243New

No longer held by: Duquesne Family Office (as of Q2 2026), Tiger Global Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
49
$56.3M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-01
Wupen YuenPRESIDENT, GLOBAL BUS. UNITSSell500$901.04$451K
2026-08-31
filed 2026-09-01
Wupen YuenPRESIDENT, GLOBAL BUS. UNITSSell500$895.00$448K
2026-08-28
filed 2026-09-01
Wupen YuenPRESIDENT, GLOBAL BUS. UNITSSell500$940.95$470K
2026-08-27
HURLSTON MICHAEL E.President and CEOSell548$958.66$525K
2026-08-27
Wupen YuenPRESIDENT, GLOBAL BUS. UNITSSell500$958.66$479K
2026-08-26
Wupen YuenPRESIDENT, GLOBAL BUS. UNITSSell500$882.15$441K
2026-08-25
filed 2026-08-27
Retort VincentSEE REMARKSSell4.7K$856.71$4.0M
2026-08-25
filed 2026-08-27
Retort VincentSEE REMARKSSell4.4K$851.68$3.8M
2026-08-25
filed 2026-08-27
Retort VincentSEE REMARKSSell3.7K$852.60$3.2M
2026-08-25
filed 2026-08-27
Retort VincentSEE REMARKSSell3.5K$857.95$3.0M
2026-08-25
filed 2026-08-27
Retort VincentSEE REMARKSSell3.5K$854.89$3.0M
2026-08-25
filed 2026-08-27
Retort VincentSEE REMARKSSell3.0K$850.66$2.6M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.3M
settled 2026-08-14
Change vs prior
-15.0%
vs previous settlement
Days to cover
1.30
at avg daily volume
Avg daily volume
5.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.3M-15.0%1.30
2026-07-318.6M-2.7%1.88
2026-07-158.8M-9.0%2.20
2026-06-309.7M+3.9%1.65
2026-06-159.3M-9.1%1.50
2026-05-2910.2M+11.7%1.93
2026-05-159.2M-2.9%1.34
2026-04-309.4M+5.8%1.89

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$3.01B$1.65B$1.36B$1.77B$1.71B
Gross profit
Operating income$524.8M$-180.1M$-434.0M$-115.7M$303.3M
Net income$-6.94B$25.9M$-546.5M$-131.6M$198.9M
Diluted EPS$-92.96$0.37$-8.12$-1.93$2.68

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$2.04B$520.7M$436.7M$859.0M$1.29B
Current assets$4.16B$1.72B$1.59B$2.78B$3.14B
Total assets$7.31B$4.22B$3.93B$4.63B$4.16B
Current liabilities$2.48B$392.8M$269.3M$633.8M$716.5M
Long-term debt$40.5M$2.56B$2.50B$1.47B
Total liabilities$2.66B$3.08B$2.97B$3.28B$2.29B
Total equity$4.64B$1.13B$957.3M$1.36B$1.88B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$751.4M$126.3M$24.7M$179.8M$459.3M
Capital expenditure$451.3M$231.0M$133.0M$128.5M$91.2M
Free cash flow$300.1M$-104.7M$-108.3M$51.3M$368.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q4 FY2026$1.01B109.3%$-7.16B
Q3 FY2026$808.4M90.1%$144.2M$1.50
Q2 FY2026$665.5M65.5%$78.2M$0.89
Q1 FY2026$533.8M58.4%$4.2M$0.05
Q4 FY2025$480.7M55.9%$213.3M$2.96
Q3 FY2025$425.2M16.0%$-44.1M$-0.64
Q2 FY2025$402.2M9.7%$-60.9M$-0.88
Q1 FY2025$336.9M6.1%$-82.4M$-1.21

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryCommunications Equipment, NEC
Latest annual periodFY2026 (ended June 27, 2026)
Latest reported quarterQ4 FY2026 (ended June 27, 2026)
Oldest indexed filing2017
SEC CIK1633978

Selected SEC filings

10-K2026-08-17
View on EDGAR →
10-K2025-08-19
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2026-02-04
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-05-07
View on EDGAR →
8-K2026-08-11
View on EDGAR →
8-K2026-07-30
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.