Systems (cloud optical modules and industrial lasers)
Revenue reached $1.0 billion in fiscal 2026, up about 91%, with the fourth quarter at $356.9 million.
The numbers
What it is
Finished optical products: cloud optical modules that plug into data-center switches, optical circuit switches and industrial lasers. Systems revenue is reported as one product category alongside Components.↗ source
Why it matters to the stock. Cloud optical modules are the piece of Lumentum most directly tied to hyperscale AI cluster build-outs, and Systems revenue is where the 1.6T transition shows up first.
News
Lumentum fiscal Q4 revenue doubles to $1.01 billion; Q1 guide tops $1.2 billion
Lumentum reported fiscal fourth-quarter 2026 net revenue of $1.01 billion, up from $480.7 million a year earlier, with non-GAAP gross margin of 50.4%.
Lumentum fiscal Q3 revenue hits record $808.4M; Q4 guide $960M to $1.01B
Lumentum reported fiscal third-quarter 2026 revenue of $808.4 million, up 90.1% from $425.2 million a year earlier, with non-GAAP EPS of $2.37.
Lumentum fiscal Q2 revenue rises 65% to $665.5M; Q3 guide tops consensus
Lumentum reported fiscal second-quarter 2026 revenue of $665.5 million, up 65.5% from $402.2 million a year earlier, with non-GAAP EPS of $1.67.