Lumentum Holdings Inc. financials
LITE CIK 0001633978
Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:09:21Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -104.70M | -108.30M | 51.30M | 368.10M | 653.90M | 438.30M |
| EBITDA | -75.80M | -323.40M | -9.10M | 384.90M | 618.40M | 317.40M |
| Working Capital | 1.32B | 1.32B | 2.14B | 2.42B | 1.77B | 1.77B |
| Net Debt | 2.09B | 2.12B | -796.90M | 1.59B | 817.40M | 1.31B |
| Gross Margin | 27.96% | 18.50% | 32.20% | 46.05% | 44.93% | 38.73% |
| Operating Margin | -10.95% | -31.93% | -6.55% | 17.71% | 30.24% | 12.16% |
| Net Margin | 1.57% | -40.21% | -7.45% | 11.61% | 22.80% | 8.07% |
| Return on Equity (ROE) | 2.28% | -57.09% | -9.71% | 10.61% | 20.14% | 7.75% |
| Return on Assets (ROA) | 0.61% | -13.90% | -2.84% | 4.78% | 11.19% | 4.12% |
| Current Ratio | 4.3719 | 5.9046 | 4.3829 | 4.3813 | 3.6666 | 7.2438 |
| Debt-to-Equity | 2.2986 | 2.6738 | 0.0458 | 1.5364 | 0.8068 | 0.919 |
| Cash Conversion Ratio | 4.8764 | -0.0452 | -1.3663 | 2.3092 | 1.8593 | 3.8694 |
| Accruals Ratio | -0.0238 | -0.1453 | -0.0672 | -0.0626 | -0.0961 | -0.1181 |
| SBC % of Revenue | 10.77% | 9.48% | 8.40% | 6.02% | 5.33% | 4.36% |
| CapEx Coverage | 0.5468 | 0.1857 | 1.3992 | 5.0362 | 8.7111 | 6.0965 |
| Free Cash Flow Per Share | $-1.50 | $-1.61 | $0.75 | $4.96 | $8.34 | $5.65 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 256.0811 | — | — | 29.0373 | 16.4635 | 43.5029 |
| P/FCF | — | — | 75.5292 | 15.6867 | 10.0077 | 13.4786 |
| FCF Yield | — | — | 1.32% | 6.37% | 9.99% | 7.42% |
| EV / EBITDA | — | — | — | 17.8809 | 11.1751 | 22.1391 |
| P/S | 4.0204 | 2.5438 | 2.1318 | 3.0899 | 3.4963 | 3.406 |
| P/B | 5.8285 | 3.6117 | 2.7783 | 2.8223 | 3.0887 | 3.2686 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.65B | 1.36B | 1.77B | 1.71B | — | — |
| Gross Profit | 459.90M | 251.50M | 569.00M | 788.60M | 783.10M | 650.20M |
| Research and Development Expense | 303.90M | 302.20M | 307.80M | 220.70M | 214.50M | 198.60M |
| Selling, General and Administrative Expense | 348.20M | 310.70M | 348.80M | 265.70M | 241.40M | 235.20M |
| Operating Expenses | 640.00M | 685.50M | 684.70M | 485.30M | 256.10M | 446.10M |
| Operating Income (Loss) | -180.10M | -434.00M | -115.70M | 303.30M | 527.00M | 204.10M |
| Income Tax Expense (Benefit) | -198.00M | 140.80M | 29.20M | 36.20M | 65.80M | 38.80M |
| Net Income (Loss) Attributable to Parent | 25.90M | -546.50M | -131.60M | 198.90M | 397.30M | 135.50M |
| Earnings Per Share, Basic | $0.38 | $-8.12 | $-1.93 | $2.79 | $5.27 | $1.79 |
| Weighted Average Number of Shares Outstanding, Basic | 69.00M | 67.30M | 68.30M | 71.20M | 75.40M | 75.90M |
| Earnings Per Share, Diluted | $0.37 | $-8.12 | $-1.93 | $2.68 | $5.07 | $1.75 |
| Weighted Average Number of Shares Outstanding, Diluted | 69.60M | 67.30M | 68.30M | 74.20M | 78.40M | 77.60M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 520.70M | 436.70M | 859.00M | 1.29B | 774.30M | 298.00M |
| Assets, Current | 1.72B | 1.59B | 2.78B | 3.14B | 2.44B | 2.05B |
| Assets | 4.22B | 3.93B | 4.63B | 4.16B | 3.55B | 3.29B |
| Long-term Debt | — | — | — | 2.41B | 1.53B | 1.54B |
| Liabilities, Current | 392.80M | 269.30M | 633.80M | 716.50M | 664.60M | 283.00M |
| Long-term Debt, Excluding Current Maturities | 2.56B | 2.50B | — | 1.47B | — | — |
| Liabilities | 3.08B | 2.97B | 3.28B | 2.29B | 1.58B | 1.54B |
| Stockholders' Equity Attributable to Parent | 1.13B | 957.30M | 1.36B | 1.88B | 1.97B | 1.75B |
| Common Stock, Shares, Outstanding | 69.80M | 67.90M | 66.40M | 68.00M | 73.00M | 75.10M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 126.30M | 24.70M | 179.80M | 459.30M | 738.70M | 524.30M |
| Payments to Acquire Property, Plant, and Equipment | 231.00M | 133.00M | 128.50M | 91.20M | 84.80M | 86.00M |
| Net Cash Provided by (Used in) Investing Activities | -84.10M | -114.30M | -874.00M | -226.30M | 1.00M | -987.70M |
| Payments for Repurchase of Common Stock | 0 | 0 | 175.60M | 543.90M | 236.00M | 200.00M |
| Net Cash Provided by (Used in) Financing Activities | 41.80M | -332.70M | 263.00M | 282.90M | -263.40M | 328.80M |
Derived Metrics
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 24.80M | -18.30M | 10.10M | -114.80M | -50.40M | -34.50M |
| EBITDA | 94.90M | 34.50M | 18.00M | -12.70M | -25.70M | -55.40M |
| Working Capital | -1.48B | 559.40M | 1.32B | 1.31B | 1.30B | 1.33B |
| Net Debt | 2.67B | 2.51B | 2.09B | 2.09B | 2.13B | 2.13B |
| Gross Margin | 36.08% | 34.00% | 33.26% | 28.81% | 24.76% | 23.12% |
| Operating Margin | 9.66% | 1.26% | -1.75% | -8.87% | -12.83% | -24.46% |
| Net Margin | 11.75% | 0.79% | 44.37% | -10.37% | -15.14% | -24.46% |
| Return on Equity (ROE) | 9.24% | 0.54% | 18.80% | -5.01% | -6.98% | -9.20% |
| Return on Assets (ROA) | 1.63% | 0.09% | 5.06% | -1.11% | -1.54% | -2.08% |
| Current Ratio | 0.606 | 1.3665 | 4.3719 | 4.7232 | 4.7604 | 5.3628 |
| Debt-to-Equity | 3.9248 | 4.2011 | 2.2986 | 2.9674 | 2.9901 | 2.9263 |
| Cash Conversion Ratio | 2.3606 | 13.7857 | 0.3 | -1.4127 | -1.0493 | -0.4806 |
| Accruals Ratio | -0.0221 | -0.0116 | 0.0354 | -0.0268 | -0.0315 | -0.0307 |
| SBC % of Revenue | 13.19% | 7.94% | 8.32% | 32.27% | 18.50% | 10.57% |
| CapEx Coverage | 1.1552 | 0.7598 | 1.1874 | 0.3518 | 0.5591 | 0.5344 |
| Free Cash Flow Per Share | $0.28 | $-0.23 | $0.15 | $-1.66 | $-0.73 | $-0.51 |
Valuation Metrics
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 115.2714 | 99.2284 | 263.1944 | — | — | — |
| EV / EBITDA | 226.9189 | 986.133 | — | — | — | — |
| P/S | 13.2534 | 6.1877 | 4.0204 | 2.9492 | 4.1228 | 3.2113 |
| P/B | 32.9565 | 14.5968 | 5.8285 | 4.9381 | 6.6827 | 4.9411 |
Income Statement
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | 480.70M | 425.20M | 402.20M | 336.90M |
| Gross Profit | 240.10M | 181.50M | 159.90M | 122.50M | 99.60M | 77.90M |
| Research and Development Expense | 80.10M | 81.40M | 79.50M | 75.90M | 74.20M | 74.30M |
| Selling, General and Administrative Expense | 96.10M | 85.10M | 83.60M | 112.00M | 76.30M | 76.30M |
| Operating Expenses | 175.80M | 174.80M | 168.30M | 160.20M | 151.20M | 160.30M |
| Operating Income (Loss) | 64.30M | 6.70M | -8.40M | -37.70M | -51.60M | -82.40M |
| Income Tax Expense (Benefit) | 18.30M | 1.00M | -224.70M | 4.90M | 18.60M | 3.20M |
| Net Income (Loss) Attributable to Parent | 78.20M | 4.20M | 213.30M | -44.10M | -60.90M | -82.40M |
| Earnings Per Share, Basic | $1.10 | $0.06 | $3.10 | $-0.64 | $-0.88 | $-1.21 |
| Weighted Average Number of Shares Outstanding, Basic | 71.10M | 70.30M | 69.00M | 69.30M | 68.90M | 68.30M |
| Earnings Per Share, Diluted | $0.89 | $0.05 | $3.09 | $-0.64 | $-0.88 | $-1.21 |
| Weighted Average Number of Shares Outstanding, Diluted | 87.80M | 78.30M | 69.60M | 69.30M | 68.90M | 68.30M |
Balance Sheet
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 657.70M | 772.90M | 520.70M | 516.40M | 479.70M | 489.20M |
| Assets, Current | 2.28B | 2.09B | 1.72B | 1.67B | 1.65B | 1.64B |
| Assets | 4.81B | 4.61B | 4.22B | 3.98B | 3.97B | 3.97B |
| Liabilities, Current | 3.77B | 1.53B | 392.80M | 353.00M | 346.90M | 305.10M |
| Long-term Debt, Excluding Current Maturities | 47.10M | 2.16B | 2.56B | 2.56B | 2.56B | 2.57B |
| Liabilities | 3.96B | 3.83B | 3.08B | 3.10B | 3.09B | 3.07B |
| Stockholders' Equity Attributable to Parent | 846.60M | 780.80M | 1.13B | 879.50M | 872.30M | 895.90M |
| Common Stock, Shares, Outstanding | 71.40M | 70.90M | 69.80M | 69.40M | 69.10M | 68.60M |
Cash Flow Statement
| Concept | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 184.60M | 57.90M | 64.00M | 62.30M | 63.90M | 39.60M |
| Payments to Acquire Property, Plant, and Equipment | 159.80M | 76.20M | 53.90M | 177.10M | 114.30M | 74.10M |
| Net Cash Provided by (Used in) Investing Activities | -299.20M | -67.80M | -59.40M | -24.70M | -77.80M | -47.10M |
| Net Cash Provided by (Used in) Financing Activities | 251.60M | 262.10M | -300.00K | 42.10M | 56.90M | 60.00M |
Raw XBRL tagging for a single filing
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Income Statement
31 concepts 3 units Unit US$ · 26 concepts
Unit shares · 3 concepts
| Label | Value | Period |
|---|---|---|
| Weighted Average Number of Shares Outstanding, Basic | 71.10M | 2025-09-28 → 2025-12-27 |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 2025-09-28 → 2025-12-27 |
| Weighted Average Number of Shares Outstanding, Diluted | 87.80M | 2025-09-28 → 2025-12-27 |
Unit US$ / share · 2 concepts
| Label | Value | Period |
|---|---|---|
| Earnings Per Share, Basic | $1.10 | 2025-09-28 → 2025-12-27 |
| Earnings Per Share, Diluted | $0.89 | 2025-09-28 → 2025-12-27 |
Comprehensive Income
5 concepts 1 unit Unit US$ · 5 concepts
| Label | Value | Period |
|---|---|---|
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent | 0 | 2025-09-28 → 2025-12-27 |
| Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Portion Attributable to Parent | 300.00K | 2025-09-28 → 2025-12-27 |
| Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent | 300.00K | 2025-09-28 → 2025-12-27 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 78.50M | 2025-09-28 → 2025-12-27 |
| Other Comprehensive Income (Loss), Available-for-sale Securities, Tax, Portion Attributable to Parent | 0 | 2025-09-28 → 2025-12-27 |
Balance Sheet
45 concepts 3 units Unit US$ · 41 concepts
Unit shares · 3 concepts
| Label | Value | Period |
|---|---|---|
| Common Stock, Shares Authorized | 990.00M | as of 2025-12-27 |
| Common Stock, Shares, Issued | 71.40M | as of 2025-12-27 |
| Common Stock, Shares, Outstanding | 71.40M | as of 2025-12-27 |
Unit US$ / share · 1 concept
| Label | Value | Period |
|---|---|---|
| Common Stock, Par or Stated Value Per Share | $0.00 | as of 2025-12-27 |
Cash Flow Statement
32 concepts 1 unit Unit US$ · 32 concepts
Notes
49 concepts 3 units Unit US$ · 45 concepts
Unit shares · 3 concepts
| Label | Value | Period |
|---|---|---|
| Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized | 3.20M | 2025-06-29 → 2025-12-27 |
| Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant | 3.40M | as of 2025-12-27 |
| Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities | 13.80M | 2025-09-28 → 2025-12-27 |
Unit segment · 1 concept
| Label | Value | Period |
|---|---|---|
| Number of Reportable Segments | 1 | 2025-06-29 → 2025-12-27 |
Other
4 concepts 2 units Unit US$ · 2 concepts
| Label | Value | Period |
|---|---|---|
| Stock Issued During Period, Value, Employee Stock Purchase Plan | 6.50M | 2025-09-28 → 2025-12-27 |
| Stock Issued During Period, Value, Stock Options Exercised | 700.00K | 2025-09-28 → 2025-12-27 |
Unit shares · 2 concepts
| Label | Value | Period |
|---|---|---|
| Shares Issued, Shares, Share-based Payment Arrangement, before Forfeiture | 1.20M | 2025-06-29 → 2025-12-27 |
| Shares Issued, Shares, Share-based Payment Arrangement, Forfeited | 200,000 | 2025-06-29 → 2025-12-27 |
Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (LITE CIK 0001633978),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.