Lumentum
LITE Nasdaq· Communications Equipment
Last close · Oct 26, 2026
$818.10
KIRA · Stoqly’s AI analyst, in plain words
- Lumentum had $3.0B of revenue in fiscal 2026, up 83.2% on the year before. Over five years, revenue changed +11.6% a year on average.
- Its operating margin was 17.4%, up 28.4 pts: of every 100 in sales, about 17 is left after running the business.
- Lumentum lost $6.9B in fiscal 2026.
- Free cash flow was $300M in fiscal 2026, 10.0% of revenue.
- Lumentum returned $0.0M to shareholders in fiscal 2026, 0% of free cash flow. The diluted share count rose 7.2%.
- Lumentum owes $496M more than it holds in cash, about 0.6 years of operating profit.
Market cap
$61.0B
P/E
—
Revenue
$3.0B
Net income
−$6.9B
Free cash flow
$300M
Operating margin
17.4%
Lumentum in 30 seconds · fiscal 2026
Are sales growing?
+83.2%
Yes. Sales grew 83.2% last year.
Does it make a profit?
−230.1%
No. It lost money last year.
Does profit turn into cash?
10.0%
Partly. 10.0% of sales ends up as free cash.
Is debt under control?
0.6x
Yes. It could repay its debt with 0.6 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
What Lumentum does
No business description yet.
- Fiscal year ends
- June 27, 2026
- Latest annual report
- 10-K · Aug 17, 2026
- Legal name
- Lumentum Holdings Inc.
- CIK
- 0001633978
Lumentum · LITE
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.7B | $1.8B | $1.4B | $1.6B | $3.0B |
| Revenue growth | −1.7% | 3.2% | −23.1% | 21.0% | 83.2% |
| Gross margin | 46.1% | 32.2% | 18.5% | 28.0% | 41.7% |
| Operating margin | 17.7% | −6.6% | −31.9% | −11.0% | 17.4% |
| Net income | $199M | −$132M | −$547M | $25.9M | −$6.9B |
| Net margin | 11.6% | −7.5% | −40.2% | 1.6% | −230.1% |
| Diluted EPS | $2.68 | −$1.93 | −$8.12 | $0.37 | −$92.96 |
| Cash | |||||
| Cash from operations | $459M | $180M | $24.7M | $126M | $751M |
| Capital expenditure | $91.2M | $129M | $133M | $231M | $451M |
| Free cash flow | $368M | $51.3M | −$108M | −$105M | $300M |
| FCF margin | 21.5% | 2.9% | −8.0% | −6.4% | 10.0% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $544M | $176M | $0.0M | $0.0M | $0.0M |
| Share count change | −5.4% | −8.0% | −1.5% | 3.4% | 7.2% |
| Debt and strength | |||||
| Cash and short-term investments | $2.5B | $2.0B | $887M | $877M | $2.7B |
| Debt incl. finance leases | $2.4B | $2.8B | $2.5B | $2.6B | $3.2B |
| Shareholders' equity | $1.9B | $1.4B | $957M | $1.1B | $4.6B |
| Net debt / EBITDA | −0.3x | 6.7x | — | 23.1x | 0.6x |
| Current ratio | 4.4x | 4.4x | 5.9x | 4.4x | 1.7x |
| Interest coverage | 3.8x | −3.3x | −12.8x | −8.1x | 24.1x |
| Returns and quality | |||||
| Return on capital | 15.6% | −4.7% | −14.5% | −5.3% | 10.4% |
| Return on equity | 10.3% | −8.2% | −47.3% | 2.5% | −240.0% |
| Piotroski F-score | 6 | 4 | 5 | 6 | 5 |
| Altman Z'' | 5.1 | 3.1 | 1.1 | 1.5 | 0.3 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$176M
12 insiders
Of sales under plans
89%
$157M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lumentum · LITE
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Lumentum LITE | $61.0B | 83.2% | 17.4% | 10.0% | 10.4% | — | 5 |
| F5 FFIV | $26.5B | 9.7% | 24.8% | 29.4% | 30.5% | 36.8x | 8 |
| Ubiquiti UI | $35.4B | 27.2% | 36.2% | 27.8% | 104.2% | — | 7 |
| Viasat VSAT | $9.1B | 2.7% | 2.3% | 32.2% | 0.6% | — | 6 |
| Ciena CIEN | $49.0B | 18.8% | 4.1% | 14.0% | 5.1% | 75.0x | 7 |
KIRA
At $818.10 a share, the company is worth $61.0B.
Lumentum grew sales faster than 4 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001633978). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.