LITE

— Fundamental Stock Analysis and Report Card

Technology : Communication Equipment

Located in San Jose, CA, US. Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components, modules, and subsystems essential for transmitting video, audio, and data across high-capacity fiber optic networks. Its offerings encompass a wide range of products, including tunable transponders, transceivers, and transmitter modules, alongside various tunable lasers, receivers, and modulators. Furthermore, this segment provides critical transport products such as reconfigurable optical add/drop multiplexers (ROADMs), optical amplifiers, and optical channel monitors. A comprehensive suite of components is also available, featuring 980nm, multi-mode, and Raman pumps; switches; attenuators; photodetectors; gain flattening filters; isolators; wavelength-division multiplexing (WDM) filters; arrayed waveguide gratings (AWGs); multiplex/de-multiplexers; and integrated passive modules. Distinctive innovations from this segment include the Super Transport Blade, which integrates multiple optical transport functions into a single unit; vertical-cavity surface-emitting lasers (VCSELs); directly modulated and electro-absorption modulated lasers; and advanced laser illumination sources for 3D sensing systems. OpComms serves key clientele in the telecommunications, data communications, consumer, and industrial markets. Conversely, the Commercial Lasers segment produces an array of laser technologies, such as diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers. These are primarily utilized in original equipment manufacturer (OEM) applications. This segment's laser solutions cater to a broad spectrum of markets and uses, including sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining.

Growth

Revenue, earnings and profitability.

Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.

Revenue History

Earnings History

Margins

Gross Margin TTM
35.36%
EBITDA Margin TTM
20.41%
Net Margin TTM
17.68%
Earnings Per Share TTM
6.15
Statements

Income & Cash Flow analysis.

An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.

Lumentum Holdings Inc.
Select Period:
Q3 2026
Total ($)
Q3 2026
Margin (%)
Revenue
808.4m
+383.2m
+90.1%
Gross Income
342.5m
+235.4m
+219.8%
42%
+17.2pp
+68.2%
EBITDA
242.2m
+248.2m
+4.1k%
30%
+31.4pp
+2.2k%
Operating Income
175.6m
+241.0m
+368.5%
22%
+37.1pp
+241.2%
Net Income
144.2m
+188.3m
+427.0%
18%
+28.2pp
+272.0%
Earnings Per Share
1.99
+2.6
+410.9%
Operating Cash Flow
203.8m
+205.4m
+12.8k%
25%
+25.6pp
+6.8k%
Free Cash Flow
79.1m
+143.5m
+222.8%
10%
+24.9pp
+164.6%
Research & Development
90.1m
+14.6m
+19.3%
11%
-6.6pp
-37.2%
Recommendations

What are the analysts saying?

Analyst Consensus aggregates Wall Street recommendations into buy/hold/sell counts, while the Fundamental Scorecard grades the company on six financial ratios (P/B, P/E, D/E, ROA, ROE, DCF) plus an overall score. The two measure different things and can point in different directions.

Analyst Consensus
Fundamental Scorecard
Recent Upgrades & Downgrades
Bank of America Securities
8 months ago
Wolfe Research
8 months ago
Morgan Stanley
8 months ago