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.
- Ticker
- LITE
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Communication Equipment
- Market cap
- $48.80B
- 52-week range
- $215.35 - $1143.00
Valuation
- Share price
- $538.59 (close of Nov 6, 2026)
- P/E (TTM)
- -7.02x
- Price to book
- 10.67x
- Price to free cash flow
- 136.95x
- Enterprise value
- $48.25B
- Book value per share
- $50.47
Price performance
| Period | Change |
|---|---|
| 1 day | +5.67% |
| 5 days | -35.94% |
| 1 month | -52.48% |
| 3 months | -35.73% |
| 6 months | -42.96% |
| Year to date | +46.12% |
| 1 year | +124.71% |
| 3 years | +1,172.06% |
| 5 years | +477.02% |
| 10 years | +1,465.67% |
| All time | +3,068.18% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 8.59%
- Shares short
- 7.74M
- Days to cover
- 1.52
- Change since prior report
- +3.94%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed LITE trades
Gilbert Ray Cisneros · Alan Armstrong · Josh Gottheimer
Super investors holding LITE
Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · Lee Ainslie (Maverick Capital LTD) · Polen Capital Mgmt (Polen Capital Management LLC)
Profitability and growth
- Return on equity
- -149.34%
- Return on invested capital
- 8.31%
- Return on assets
- -94.90%
- Return on capital employed
- 10.87%
- Gross margin
- 41.67%
- Net margin
- -230.10%
- EBITDA margin
- 26.19%
- Revenue growth
- 83.22%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 0.73%
- Current ratio
- 1.61x
- Net debt to EBITDA
- 0.08x
Latest reported year
- Period end
- Jun 27, 2026
- Fiscal year
- 2026
- Revenue
- $3.01B
- Cost of revenue
- $1.77B
- Gross profit
- $1.26B
- EBITDA
- $789.30M
- Net income
- -$6.94B
- Earnings per share
- $-92.96
- Research and development
- $356.50M
- Interest expense
- $21.80M
- Shares outstanding
- 74.60M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 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 end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2026-06-27 | 41.67% | -230.10% | -149.34% | 8.31% |
| 2025-06-28 | 27.96% | 1.57% | 2.28% | -2.41% |
| 2024-06-29 | 18.50% | -40.21% | -57.09% | -12.34% |
| 2023-07-01 | 32.20% | -7.45% | -9.71% | -2.74% |
| 2022-07-02 | 46.05% | 11.61% | 10.61% | 5.62% |
| 2021-07-03 | 44.93% | 22.80% | 20.14% | 11.66% |
| 2020-06-27 | 38.73% | 8.07% | 7.75% | 4.92% |
| 2019-06-29 | 27.21% | -2.33% | -2.43% | -1.12% |
| 2018-06-30 | 34.63% | 19.88% | 26.79% | 10.12% |
| 2017-07-01 | 31.76% | -10.23% | -16.56% | 2.21% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 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 | $2.50B |
| 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 | $351.90M |
| 2018-06-30 | $711.50M | $456.70M |
| 2017-07-01 | $555.30M | $457.30M |
Free cash flow by year
| Period end | Free cash flow | Stock-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
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-11-02 | Sep 2026 | $3.82 |
| 2026-08-11 | Jun 2026 | $2.62 |
| 2026-05-05 | Mar 2026 | $1.81 |
| 2026-02-03 | Dec 2025 | $0.97 |
| 2025-11-04 | Sep 2025 | $0.59 |
| 2025-08-12 | Jun 2025 | $0.10 |
| 2025-05-06 | Mar 2025 | $0.06 |
| 2025-02-06 | Dec 2024 | -$0.06 |
Filings and sources
- Company website
- lumentum.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · 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
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