Lumentum
What matters nowUpdated 4 days ago
- Lumentum will report fiscal first-quarter 2027 results after the close on Thursday, November 5, 2026, with a webcast at 5:00 p.m. ET, a date it announced on October 5 1. It filed its definitive proxy statement on October 6 2 ahead of its virtual annual meeting on November 18, 2026.
- LITE traded at $966.73 in the pooled 24/7 venue price, down 1.57% from the prior close of $982.12. Over the past two weeks the stock swung sharply, rising 7.61% on October 1, falling 5.43% on October 8 and falling 11.27% on October 12, the largest of the recent moves.
- Fiscal fourth-quarter revenue more than doubled to $1.01 billion from $480.7 million a year earlier, with non-GAAP gross margin of 50.4% 3. Fiscal 2026 revenue rose 83% to $3.01 billion, and Systems revenue reached $1.0 billion, up about 91%.
- The company's market value is $85.7 billion, with EV/EBITDA of 132.9 times and trailing free cash flow of $300.1 million. Over the past 180 days insiders sold 49 times for $129.4 million and bought nothing, with 47 of the sales made under planned trading plans, including President Wupen Yuen's sales on September 28 and 29 4.
- Consumer price index data for September is due October 14 at 8:30 a.m.
Lumentum Investor Relations · Oct 5
SEC EDGAR · Oct 6
Lumentum Investor Relations · Aug 11
SEC EDGAR (Form 4) · Sep 28
Lumentum makes lasers, optical components and optical systems for cloud data centers, telecom networks and industrial manufacturing. Its fiscal 2026 revenue rose 83% to $3.01 billion, driven by AI data-center demand for optical modules and lasers. Traders follow it through the 1.6T transceiver ramp, the optical circuit switch (OCS) business and co-packaged optics (CPO) lasers, along with gross margin and customer concentration. It was spun off from JDS Uniphase in August 2015.↗ source
How it makes money
Lumentum sells semiconductor laser chips and sub-assemblies (Components) to optical module makers and network equipment companies, and finished products (Systems) such as cloud optical modules, optical circuit switches and industrial fiber lasers. Two customers accounted for 26.6% and 15.0% of fiscal 2026 revenue. About 79% of fiscal 2026 revenue came from customers outside the U.S., with Asia-Pacific the largest region. Manufacturing is in China, Japan, Thailand, the United Kingdom and San Jose.
Last 12 monthsChart & venues →
Valuation & fundamentalsFull financials →
TTM through 2026-06-27 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price. Quarterly statements →
Biggest businessesAll products & projects →
Components (laser chips and sub-assemblies)
Largest line at $2.0 billion of fiscal 2026 revenue, up about 80% from fiscal 2025.
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.
Optical circuit switches (OCS)
Shipping and starting to add revenue; management calls it one of the company's key growth drivers.
1.6T cloud transceiver modules
Company is advancing 1.6T adoption in its cloud module business.
Latest newsAll news →
Lumentum sets fiscal Q1 2027 results for November 5 after the close
Lumentum said it will release fiscal first-quarter 2027 results on Thursday, November 5, 2026, after the market closes, with an audio webcast at 2:00 p.m.
Lumentum President Wupen Yuen sells about 800 shares under 10b5-1 plan
Wupen Yuen, President of Global Business Units, sold 500 Lumentum shares at $948.50 on September 28, 2026 and 307 shares at $945.00 on September 29, according to a Form 4 filed with the SEC.
Lumentum shares jump in premarket after fiscal Q4 beat and strong Q1 outlook
Lumentum shares rose in premarket trading on August 12, 2026, after the fiscal fourth-quarter report beat Street expectations.
Lumentum reports fiscal Q4 2026 results: revenue $1.01B, up 109% from a year earlier
Lumentum filed a Form 8-K with the SEC on Aug 11, 2026, 4:24 PM ET, reporting an event dated Aug 11, 2026.
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%.
FCC reportedly drafting curbs on new-model Chinese optical transceivers
The Federal Communications Commission is reportedly preparing a proposal to add new-model optical transceivers made in China to its Covered List, which would restrict their import.
Products & businesses
Components (laser chips and sub-assemblies)
Largest line at $2.0 billion of fiscal 2026 revenue, up about 80% from fiscal 2025.
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.
Optical circuit switches (OCS)
Shipping and starting to add revenue; management calls it one of the company's key growth drivers.
1.6T cloud transceiver modules
Company is advancing 1.6T adoption in its cloud module business.
Industrial lasers
Established product line sold into manufacturing; the company does not report it separately.
What it's building next
Segments
| Segment | Revenue | Share | |
|---|---|---|---|
| Components↗ Semiconductor laser chips, laser sub-assemblies, line subsystems and wavelength-management products sold as building blocks to optical module and network equipment makers. The company reports one operating segment, and this is a product category. | $2.01B | 66.5% | |
| Systems↗ Finished products including cloud optical modules, optical circuit switches and industrial lasers (short-pulse solid-state and kilowatt-class fiber lasers). The company reports one operating segment, and this is a product category. | $1.01B | 33.5% |
Fiscal FY2026 · from the annual report
Valuation & fundamentals
TTM through 2026-06-27 from SEC filings↗ (some quarters derived from annual and year-to-date figures). Ratios use our pooled 24/7 price.
Financial statements
| Metric | TTM | Q4 FY2026↗ 2026-06-27 | Q3 FY2026↗ 2026-03-28 | Q2 FY2026↗ 2025-12-27 | Q1 FY2026↗ 2025-09-27 | Q4 FY2025↗ 2025-06-28 | Q3 FY2025↗ 2025-03-29 | Q2 FY2025↗ 2024-12-28 | Q1 FY2025↗ 2024-09-28 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.01B | $1.01Bd +109% | $808.4M +90% | $665.5M +65% | $533.8M +58% | $480.7Md +56% | $425.2M +16% | $402.2M +10% | $336.9M +6% |
| Gross profit | $1.26B | $477.3Md +198% | $357.0M +191% | $240.1M +141% | $181.5M +133% | $159.9Md +212% | $122.5M +106% | $99.6M +56% | $77.9M +2% |
| Operating income | $524.8M | $279.3Md | $174.5M | $64.3M | $6.7M | −$8.4Md | −$37.7M | −$51.6M | −$82.4M |
| Net income | −$6.94B | −$7.16Bd -3458% | $144.2M | $78.2M | $4.2M | $213.3Md | −$44.1M | −$60.9M | −$82.4M |
| EPS (diluted) | −$93.11 | −$95.55d | $1.50 | $0.89 | $0.05 | — | −$0.64 | −$0.88 | −$1.21 |
| Operating cash flow | $751.4M | $363.0Md +467% | $203.8Md | $126.7Md +421% | $57.9M +46% | $64.0Md +80% | −$1.6Md | $24.3Md | $39.6M |
| Capital expenditure | $451.3M | $166.8Md +209% | $124.7Md +99% | $83.6Md +108% | $76.2M +3% | $53.9Md +119% | $62.8Md +220% | $40.2Md +30% | $74.1M +28% |
| Share buybacks | — | — | — | — | — | — | — | — | — |
| Cash & equivalents | $2.04B | $2.04B | $2.62B | $657.7M | $772.9M | $520.7M | $516.4M | $479.7M | $489.2M |
| Total debt | $3.23B | $3.23Bd | $6.52Bd | $6.53Bd | $4.32Bd | $2.58Bd | $2.58Bd | $2.57Bd | $2.58Bd |
| Shares outstanding | 88.6M | 88.6M | 71.7M | 71.4M | 70.9M | 69.8M | 69.4M | 69.1M | 68.6M |
| Metric | FY2026↗ 2026-06-27 | FY2025↗ 2025-06-28 | FY2024↗ 2024-06-29 | FY2023↗ 2023-07-01 | FY2022↗ 2022-07-02 |
|---|---|---|---|---|---|
| Revenue | $3.01B +83% | $1.65B +21% | $1.36B -23% | $1.77B +3% | $1.71B |
| Gross profit | $1.26B +173% | $459.9M +83% | $251.5M -56% | $569.0M -28% | $788.6M |
| Research & development | $356.5M +17% | $303.9M +1% | $302.2M -2% | $307.8M +39% | $220.7M |
| Operating income | $524.8M | −$180.1M | −$434.0M | −$115.7M -138% | $303.3M |
| EBIT | $524.8M | −$180.1M | −$434.0M | −$115.7M -138% | $303.3M |
| Depreciation & amortization | $128.8M +23% | $104.3M -6% | $110.6M +4% | $106.6M +31% | $81.6M |
| Interest expense | $21.8M -2% | $22.2M -34% | $33.8M -5% | $35.5M -56% | $80.2M |
| Income tax | −$237.7M | −$198.0M -241% | $140.8M +382% | $29.2M -19% | $36.2M |
| Net income | −$6.94B -26876% | $25.9M | −$546.5M | −$131.6M -166% | $198.9M |
| EPS (diluted) | −$92.96 -25224% | $0.37 | −$8.12 | −$1.93 -172% | $2.68 |
| Diluted shares (weighted) | 74.6M | 69.6M | 67.3M | 68.3M | 74.2M |
| Operating cash flow | $751.4M +495% | $126.3M +411% | $24.7M -86% | $179.8M -61% | $459.3M |
| Capital expenditure | $451.3M +95% | $231.0M +74% | $133.0M +4% | $128.5M +41% | $91.2M |
| Share buybacks | — | $0 | $0 -100% | $175.6M -68% | $543.9M |
| Cash & equivalents | $2.04B | $520.7M | $436.7M | $859.0M | $1.29B |
| Long-term debt (incl. current portion) | $40.5M | $2.56B | $2.50B | — | $2.41B |
| Total debt | $3.23Bd | $2.58Bd | $2.50Bd | $2.50B | $2.82Bd |
| Total assets | $7.31B | $4.22B | $3.93B | $4.63B | $4.16B |
| Total liabilities | $2.66B | $3.08B | $2.97B | $3.28B | $2.29B |
| Shareholders' equity | $4.64B | $1.13B | $957.3M | $1.36B | $1.88B |
| Shares outstanding | 88.6M | 69.8M | 67.9M | 66.4M | 68.0M |
From XBRL data in SEC filings; the ↗ on each period opens the filing it was read from. Small figures under each value: change vs the same period a year earlier. d = derived (e.g. Q4 = full year − first nine months).
NewsFull archive →
Lumentum sets fiscal Q1 2027 results for November 5 after the close
Lumentum said it will release fiscal first-quarter 2027 results on Thursday, November 5, 2026, after the market closes, with an audio webcast at 2:00 p.m.
Lumentum President Wupen Yuen sells about 800 shares under 10b5-1 plan
Wupen Yuen, President of Global Business Units, sold 500 Lumentum shares at $948.50 on September 28, 2026 and 307 shares at $945.00 on September 29, according to a Form 4 filed with the SEC.
Lumentum shares jump in premarket after fiscal Q4 beat and strong Q1 outlook
Lumentum shares rose in premarket trading on August 12, 2026, after the fiscal fourth-quarter report beat Street expectations.
Lumentum reports fiscal Q4 2026 results: revenue $1.01B, up 109% from a year earlier
Lumentum filed a Form 8-K with the SEC on Aug 11, 2026, 4:24 PM ET, reporting an event dated Aug 11, 2026.
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%.
FCC reportedly drafting curbs on new-model Chinese optical transceivers
The Federal Communications Commission is reportedly preparing a proposal to add new-model optical transceivers made in China to its Covered List, which would restrict their import.
Lumentum schedules fiscal Q4 and full-year 2026 results for August 11
Lumentum said it will report fiscal fourth-quarter and full-year 2026 results on Tuesday, August 11, 2026, after the market closes.
Lumentum exchanges $650.4M of 2028 notes for about 5.0M shares
Lumentum disclosed on June 1, 2026 that it entered exchange agreements on May 29 to swap about $650.4 million of its 0.50% convertible notes due 2028 for roughly 5.0 million common shares.
Lumentum to join the Nasdaq-100 on May 18, 2026
Lumentum said on May 11, 2026 that it expects to join the Nasdaq-100 Index before the market opens on Monday, May 18, 2026.
Lumentum reports fiscal Q3 2026 results: revenue $808.4M, up 90% from a year earlier
Lumentum filed a Form 8-K with the SEC on May 5, 2026, 4:11 PM ET, reporting an event dated May 5, 2026.
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 swaps 2026 and 2029 convertible notes for about 5.7M shares
Lumentum agreed on April 7, 2026 to exchange about $264.8 million of its 0.50% notes due 2026 and about $209.8 million of its 1.50% notes due 2029 for roughly 5.7 million common shares.
Lumentum buys Qorvo's Greensboro plant for indium phosphide lasers
Lumentum announced it had taken over a 240,000-square-foot plant in Greensboro, North Carolina, bought from Qorvo, and will convert it to make indium phosphide optical devices.
Lumentum shows 1.6T DR4 module prototype and 800 mW laser at OFC 2026
At OFC 2026 Lumentum showed a 1.6T DR4 OSFP transceiver prototype built from four 400G EML lasers, positioned as a step toward a future 3.2T module.
Marvell and Lumentum to demonstrate optical circuit switching at OFC 2026
Marvell and Lumentum said they will run a live demonstration at OFC 2026 in Los Angeles, showing Marvell optical connectivity chips working with Lumentum's optical circuit switch.
Lumentum to join the S&P 500 on March 23, moving up from the MidCap 400
S&P Dow Jones Indices said Lumentum would be added to the S&P 500 before the market opened on Monday, March 23, 2026, moving from the S&P MidCap 400.
NVIDIA invests $2 billion in Lumentum and signs multiyear optics agreement
NVIDIA said it is investing $2 billion in Lumentum to fund optics R&D, future capacity and operations, including a new US-based fab.
Lumentum reports fiscal Q2 2026 results: revenue $665.5M, up 65% from a year earlier
Lumentum filed a Form 8-K with the SEC on Feb 3, 2026, 4:12 PM ET, reporting an event dated Feb 3, 2026.
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.
Lumentum's chief accounting officer to retire; Eric Chang named successor
Matthew Sepe told Lumentum on December 29, 2025 that he would retire as chief accounting officer.
Lumentum reports fiscal Q1 2026 results: revenue $533.8M, up 58% from a year earlier
Lumentum filed a Form 8-K with the SEC on Nov 4, 2025, 4:16 PM ET, reporting an event dated Nov 4, 2025.
SEC filings
| Oct 6, 26 | ARS | ARS: Annual report to shareholders | sec.gov ↗ |
| Oct 6, 26 | DEFA14A | DEFA14A: Additional proxy materials | sec.gov ↗ |
| Oct 6, 26 | DEF 14A | DEF 14A: Definitive proxy statement | sec.gov ↗ |
| Oct 2, 26 | 4 | Form 4: Ali Wajid (EVP & CHIEF FINANCIAL OFFICER) — open-market sale 24,542 sh | sec.gov ↗ |
| Oct 1, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 30, 26 | 4 | Form 4: Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) — open-market sale 807 sh | sec.gov ↗ |
| Sep 29, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 28, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 25, 26 | 4 | Form 4: Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) — open-market sale 1,000 sh | sec.gov ↗ |
| Sep 25, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 24, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 23, 26 | 4 | Form 4: Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) — open-market sale 1,500 sh | sec.gov ↗ |
| Sep 23, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 22, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 21, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 18, 26 | 4 | Form 4: Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) — open-market sale 1,500 sh | sec.gov ↗ |
| Sep 18, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 17, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 16, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 15, 26 | 4 | Form 4: Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) — open-market sale 1,500 sh | sec.gov ↗ |
| Sep 15, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 14, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 11, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
| Sep 10, 26 | 4 | Form 4: Wupen Yuen (PRESIDENT, GLOBAL BUS. UNITS) — open-market sale 1,500 sh | sec.gov ↗ |
| Sep 10, 26 | 144 | Form 144: Notice of proposed insider sale | sec.gov ↗ |
Insider trades, 12 months
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Ali Wajid EVP & CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 24.5K | $1048.50 | $25.7M |
| 2026-09-29 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 307 | $945.00 | $290.1K |
| 2026-09-28 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $948.50 | $474.3K |
| 2026-09-25 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $935.75 | $467.9K |
| 2026-09-24 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $921.07 | $460.5K |
| 2026-09-23 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $946.56 | $473.3K |
| 2026-09-22 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $935.55 | $467.8K |
| 2026-09-21 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $959.27 | $479.6K |
| 2026-09-18 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $920.00 | $460.0K |
| 2026-09-17 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $933.45 | $466.7K |
| 2026-09-16 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $856.83 | $428.4K |
| 2026-09-15 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $841.51 | $420.8K |
| 2026-09-14 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $862.14 | $431.1K |
| 2026-09-11 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $944.41 | $472.2K |
| 2026-09-10 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $961.44 | $480.7K |
| 2026-09-09 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $978.54 | $489.3K |
| 2026-09-08 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $895.99 | $448.0K |
| 2026-09-04 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $860.00 | $430.0K |
| 2026-09-03 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $870.01 | $435.0K |
| 2026-09-02 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $864.49 | $432.2K |
| 2026-09-01 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $901.04 | $450.5K |
| 2026-08-31 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $895.00 | $447.5K |
| 2026-08-28 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $940.95 | $470.5K |
| 2026-08-27 | Wupen Yuen PRESIDENT, GLOBAL BUS. UNITS | Sale 10b5-1 plan | 500 | $958.66 | $479.3K |
| 2026-08-27 | HURLSTON MICHAEL E. President and CEO, Director | Sale 10b5-1 plan | 548 | $958.66 | $525.3K |