Lumentum Holdings Inc. (LITE)

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It offers component products, including semiconductor laser chips, laser sub-assemblies, line subsystems, and wavelength management systems. The company also offers system products, such as optical modules, optical circuit switches, and industrial lasers, including short-pulse solid-state lasers and kilowatt-class fiber lasers. Its products and solutions are used in cloud, artificial intelligence and machine learning (AI/ML), telecommunications, consumer, and industrial end-market applications. The company was incorporated in 2015 and is headquartered in San Jose, California.

Symbol
LITE
Exchange
Nasdaq
Sector
Technology
Industry
Communication Equipment
Market cap
$83.79B
52 week range
144.52 - 1085.68

Valuation

Share price
$937.00 (close of 2026-09-23)
P/E (TTM)
-10.17x
Price to book
18.04x
Price to free cash flow
279.19x
Enterprise value
$82.72B
Book value per share
$52.41

Price performance

PeriodChange
1 day-0.92%
5 days+1.91%
1 month+8.11%
3 months+13.18%
6 months+28.54%
Year to date+154.21%
1 year+471.38%
3 years+1918.96%
5 years+996.16%
10 years+2187.04%
All time+5411.76%

Profitability and growth

Return on equity
-149.34%
Return on invested capital
14.67%
Return on assets
-94.90%
Return on capital employed
10.87%
Gross margin
41.67%
Net margin
-230.10%
EBITDA margin
21.69%
Revenue growth
83.22%
Net income growth
-26876.45%
Free cash flow growth
386.63%

Cash flow and balance sheet

Free cash flow yield (TTM)
0.36%
Current ratio
1.68x
Net debt to EBITDA
0.16x

Latest reported year

Period end
2026-06-27
Fiscal year
2026
Revenue
$3.01B
Cost of revenue
$1.77B
Gross profit
$1.26B
EBITDA
$653.60M
Net income
$-6.94B
Earnings per share
$-92.96
Research and development
$356.50M
Shares outstanding
74.60M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-06-27$3.01B$1.26B$-6.94B$-92.96
2025-06-28$1.65B$459.90M$25.90M$0.38
2024-06-29$1.36B$251.50M$-546.50M$-8.12
2023-07-01$1.77B$569.00M$-131.60M$-1.93
2022-07-02$1.71B$788.60M$198.90M$2.79
2021-07-03$1.74B$783.10M$397.30M$5.27
2020-06-27$1.68B$650.20M$135.50M$1.79
2019-06-29$1.57B$425.90M$-36.40M$-0.54
2018-06-30$1.25B$432.10M$248.10M$3.88
2017-07-01$1.00B$318.10M$-102.50M$-1.71

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-06-2741.67%-230.10%-149.34%14.67%
2025-06-2827.96%1.57%2.28%-3.14%
2024-06-2918.50%-40.21%-57.09%-16.50%
2023-07-0132.20%-7.45%-9.71%-5.22%
2022-07-0246.05%11.61%10.61%14.86%
2021-07-0344.93%22.80%20.14%28.50%
2020-06-2738.73%8.07%7.75%9.17%
2019-06-2927.21%-2.33%-2.43%-2.67%
2018-06-3034.63%19.88%26.79%20.84%
2017-07-0131.76%-10.23%-16.56%4.57%

Cash and debt by year

Period endCashDebt
2026-06-27$2.74B$40.50M
2025-06-28$877.10M$2.56B
2024-06-29$887.00M$2.50B
2023-07-01$2.01B-
2022-07-02$2.55B$2.41B
2021-07-03$1.95B$1.53B
2020-06-27$1.55B$1.54B
2019-06-29$768.50M-
2018-06-30$711.50M$456.70M
2017-07-01$555.30M$457.30M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-06-27$300.10M$170.20M
2025-06-28$-104.70M$177.20M
2024-06-29$-108.30M$128.80M
2023-07-01$51.30M$148.40M
2022-07-02$368.10M$103.10M
2021-07-03$653.90M$92.90M
2020-06-27$438.30M$73.20M
2019-06-29$164.10M$60.70M
2018-06-30$154.30M$46.80M
2017-07-01$-53.10M$32.70M

Investor relations

Next earnings report

Next confirmed report
2026-11-03
Consensus EPS estimate
$3.82

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-11Jun/2026$2.62
2026-05-05--
2026-02-03--
2025-11-04--
2025-08-12--
2025-05-06--
2025-02-06--
2024-11-07--

Filings and sources

Company website
lumentum.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Cisco Systems, Inc. (CSCO) · Hewlett Packard Enterprise Co (HPE) · Motorola Solutions, Inc. (MSI) · Zebra Technologies Corp (ZBRA) · Dell Technologies Inc. (DELL) · Arista Networks, Inc. (ANET) · Seagate Technology Holdings plc (STX) · Western Digital Corp (WDC)

All Technology companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades