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Tables in the 10-Q of Lumentum Holdings Inc.
53 tables with numbers, filed Feb 4, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
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Table 1 after “million shares of common stock outstanding.”
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| TABLE OF CONTENTS | | | |
| Page | | |
| PART I - FINANCIAL INFORMATION | | | |
| Item 1. | Financial Statements (Unaudited) | |
| | Condensed Consolidated Statements of Operations for the Three and Six Months Ended December 27, 2025 and December 28, 2024 | 2 |
| | Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months Ended December 27, 2025 and December 28, 2024 | 3 |
| | Condensed Consolidated Balance Sheets as of December 27, 2025 and June 28, 2025 | 4 |
| | Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 27, 2025 and December 28, 2024 | 5 |
First 8 of 20 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Net revenue | $665.5 | | $402.2 | | $1,199.3 | $739.1 |
| Cost of sales | 405.8 | | 281.2 | | 738.6 | 517.7 |
| Amortization of acquired developed intangibles | 19.6 | | 21.4 | | 39.1 | 43.9 |
| Gross profit | 240.1 | | 99.6 | | 421.6 | 177.5 |
| Operating expenses: | | | | | | |
| Research and development | 80.1 | | 74.2 | | 161.5 | 148.5 |
First 8 of 26 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Net income (loss) | $78.2 | | $(60.9) | | $82.4 | $(143.3) |
| Other comprehensive income (loss), net of tax: | | | | | | |
| Foreign currency translation adjustments | — | | (0.3) | | (0.3) | (0.3) |
| Net change in unrealized gain on available-for-sale securities | 0.3 | | (1.1) | | 0.7 | 1.2 |
| Other comprehensive income (loss), net of tax | 0.3 | | (1.4) | | 0.4 | 0.9 |
| Comprehensive income (loss), net of tax | $78.5 | | $(62.3) | | $82.8 | $(142.4) |
| December 27, 2025 | June 28, 2025 | |
| ASSETS | | | |
| Current assets: | | | |
| Cash and cash equivalents | $657.7 | | $520.7 |
| Short-term investments | 497.6 | | 356.4 |
| Accounts receivable, net | 376.8 | | 250.0 |
| Inventories | 570.4 | | 470.1 |
| Prepayments and other current assets | 180.7 | | 120.1 |
First 8 of 38 rows. The CSV has all of them.
| Six Months Ended | | |
| December 27, 2025 | December 28, 2024 | |
| OPERATING ACTIVITIES: | | | |
| Net income (loss) | $82.4 | | $(143.3) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | | | |
| Depreciation expense | 58.4 | | 52.9 |
| Stock-based compensation | 87.8 | | 74.4 |
| Bad debt recovery | (0.1) | | — |
First 8 of 48 rows. The CSV has all of them.
| Cash paid (refund) for taxes, net | $17.9 | $(6.9) |
| Cash paid for interest | 10.3 | 9.5 |
| Supplemental disclosure of non-cash investing and financing activities: | | |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 6.8 | 3.7 |
| Net transfer of assets from property plant and equipment to assets held-for-sale | 44.9 | 13.9 |
| Unpaid financing costs related to revolving credit facility | 0.5 | — |
| Common Stock | Additional Paid-In Capital | Accumulated Deficit | | Accumulated Other Comprehensive Income | | | Total Stockholders' Equity | | | | | |
| | Shares | Amount | | | | | | | | | | |
| Balance as of June 28, 2025 | | 69.8 | | $0.1 | | | $1,986.8 | | $(861.2) | | $9.0 | | $1,134.7 |
| Net income | | — | | — | | | — | | 4.2 | | — | | 4.2 |
| Other comprehensive income | | — | | — | | | — | | — | | 0.1 | | 0.1 |
| Issuance of shares in connection with vesting of restricted stock units and performance stock units | | 1.3 | | — | | | — | | — | | — | | — |
| Withholding taxes related to net share settlement of restricted stock units | | (0.4) | | — | | | (47.4) | | — | | — | | (47.4) |
| Exercise of stock options | | 0.2 | | — | | | 1.5 | | — | | — | | 1.5 |
First 8 of 21 rows. The CSV has all of them.
| Common Stock | Additional Paid-In Capital | Accumulated Deficit | | Accumulated Other Comprehensive Income | | | Total Stockholders' Equity | | | | | |
| | Shares | Amount | | | | | | | | | | |
| Balance as of June 29, 2024 | | 67.9 | $0.1 | | | $1,835.0 | | $(887.1) | | $9.3 | | $957.3 | |
| Net loss | | — | | — | | | — | | (82.4) | | — | | (82.4) |
| Other comprehensive income | | — | | — | | | — | | — | | 2.3 | | 2.3 |
| Issuance of shares in connection with vesting of restricted stock units and performance stock units | | 0.9 | | — | | | — | | — | | — | | — |
| Withholding taxes related to net share settlement of restricted stock units | | (0.3) | | — | | | (16.0) | | — | | — | | (16.0) |
| Exercise of stock options | | 0.1 | | — | | | 0.9 | | — | | — | | 0.9 |
First 8 of 18 rows. The CSV has all of them.
| December 27, 2025 | June 28, 2025 | | | | |
| Carrying Amount | Estimated Fair Value | | Carrying Amount | Estimated Fair Value | |
| 2032 Notes | $1,255.3 | | $2,840.8 | | $— | $— |
| 2029 Notes | 600.6 | | 3,400.1 | | 600.2 | 925.5 |
| 2028 Notes | 858.3 | | 2,584.6 | | 857.7 | 890.2 |
| 2026 Notes | 468.3 | | 1,844.6 | | 1,048.3 | 1,233.3 |
| $3,182.5 | | $10,670.1 | | $2,506.2 | $3,049.0 |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Numerator: | | | | | | |
| Net income (loss) - basic and diluted | $78.2 | | $(60.9) | | $82.4 | $(143.3) |
| Denominator: | | | | | | |
| Weighted average common shares outstanding - basic | 71.1 | | 68.9 | | 70.7 | 68.6 |
| Effect of dilutive securities from ESPP | 0.1 | | — | | 0.1 | — |
| Effect of dilutive securities from stock options | 0.3 | | — | | 0.4 | — |
First 8 of 14 rows. The CSV has all of them.
| Amortized Cost | Gross Unrealized Gains | | Gross Unrealized Losses | Fair Value | |
| December 27, 2025: | | | | | | |
| Cash | $460.1 | | $— | | $— | $460.1 |
| Cash equivalents: | | | | | | |
| Certificates of deposit | 31.3 | | — | | — | 31.3 |
| Money market funds | 74.6 | | — | | — | 74.6 |
| U.S. Treasury securities | 91.7 | | — | | — | 91.7 |
| Total cash and cash equivalents | $657.7 | | $— | | $— | $657.7 |
First 8 of 27 rows. The CSV has all of them.
| Continuous Loss Position for More Than 12 Months | Continuous Loss Position for Less Than 12 Months | | Gross Unrealized Losses | | | |
| Fair Value | Unrealized Losses | | Fair Value | Unrealized Losses | | |
| December 27, 2025: | | | | | | | |
| U.S. Agency securities | $— | | $— | | $68.4 | $— | $— |
| Commercial paper | — | | — | | 9.9 | — | — |
| Corporate debt securities | 1.0 | | — | | 69.2 | (0.1) | (0.1) |
| U.S. government bonds | — | | — | | 3.5 | — | — |
| Total | $1.0 | | $— | | $151.0 | $(0.1) | $(0.1) |
First 8 of 14 rows. The CSV has all of them.
| December 27, 2025 | June 28, 2025 | | | | |
| Amortized Cost | Fair Value | | Amortized Cost | Fair Value | |
| Due within 1 year | $171.7 | | $171.9 | | $139.9 | $140.0 |
| Due in 1 year to 5 years | 324.8 | | 325.7 | | 216.1 | 216.4 |
| Total | $496.5 | | $497.6 | | $356.0 | $356.4 |
| Level 1 | Level 2 | | Level 3 | Total | |
| December 27, 2025: (1) | | | | | | |
| Assets: | | | | | | |
| Cash equivalents: | | | | | | |
| Certificates of deposit | $31.3 | | $— | | $— | $31.3 |
| Money market funds | 74.6 | | — | | — | 74.6 |
| U.S. Treasury securities | 91.7 | | — | | — | 91.7 |
| Short-term investments: | | | | | | |
First 8 of 13 rows. The CSV has all of them.
Table 15 after “million in cash held in our bank accounts as of December 27, 2025.”
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| Level 1 | Level 2 | | Level 3 | Total | |
| June 28, 2025 (1) | | | | | | |
| Assets: | | | | | | |
| Cash equivalents: | | | | | | |
| Commercial paper | $— | | $2.5 | | $— | $2.5 |
| Money market funds | 161.7 | | — | | — | 161.7 |
| U.S. Treasury securities | 7.0 | | — | | — | 7.0 |
| Short-term investments: | | | | | | |
First 8 of 13 rows. The CSV has all of them.
| December 27, 2025 | June 28, 2025 | | | | |
| Carrying Amount | Estimated Fair Value | | Carrying Amount | Estimated Fair Value | |
| 2032 Notes | $1,255.3 | | $2,840.8 | | $— | $— |
| 2029 Notes | 600.6 | | 3,400.1 | | 600.2 | 925.5 |
| 2028 Notes | 858.3 | | 2,584.6 | | 857.7 | 890.2 |
| 2026 Notes | 468.3 | | 1,844.6 | | 1,048.3 | 1,233.3 |
| $3,182.5 | | $10,670.1 | | $2,506.2 | $3,049.0 |
| December 27, 2025 | June 28, 2025 | |
| Raw materials and purchased parts | $263.6 | | $253.2 |
| Work in process | 211.4 | | 159.1 |
| Finished goods | 95.4 | | 57.8 |
| Inventories | $570.4 | | $470.1 |
| December 27, 2025 | June 28, 2025 | |
| Land | $90.1 | | $108.6 |
| Buildings and improvements | 267.6 | | 270.4 |
| Machinery and equipment | 975.4 | | 848.8 |
| Computer equipment and software | 42.2 | | 39.1 |
| Furniture and fixtures | 12.8 | | 14.7 |
| Leasehold improvements | 46.6 | | 45.9 |
| Construction in progress | 180.8 | | 152.3 |
First 8 of 11 rows. The CSV has all of them.
| December 27, 2025 | June 28, 2025 | |
| Operating lease right-of-use assets | $58.7 | | $54.4 |
| Less: accumulated amortization | (29.1) | | (26.5) |
| Operating lease right-of-use assets, net | $29.6 | | $27.9 |
| December 27, 2025 | June 28, 2025 | |
| Restructuring accrual and related charges (1) | $2.2 | | $2.5 |
| Warranty reserve (2) | 22.7 | | 14.4 |
| Deferred revenue and customer deposits | 2.1 | | 0.7 |
| Income tax payable (3) | 12.2 | | 29.1 |
| Other current liabilities | 3.6 | | 6.4 |
| Other current liabilities | $42.8 | | $53.1 |
| December 27, 2025 | June 28, 2025 | |
| Asset retirement obligations | $7.1 | | $7.1 |
| Pension and related accruals (1) | 11.2 | | 9.7 |
| Unrecognized tax benefit (2) | 60.4 | | 55.6 |
| Other non-current liabilities (2) | 37.0 | | 25.4 |
| Other non-current liabilities | $115.7 | | $97.8 |
| December 27, 2025 | Gross Carrying Amounts | Accumulated Amortization | | Net Carrying Amounts | Weighted Average Remaining Amortization Period (Years) | |
| Acquired developed technologies | $828.4 | | $(599.3) | | $229.1 | 3.8 |
| Customer relationships | 419.5 | | (254.4) | | 165.1 | 3.7 |
| In-process research and development | 2.5 | | — | | 2.5 | n/a |
| Order backlog | 14.0 | | (14.0) | | — | — |
| Trade name and trademarks | 3.0 | | (3.0) | | — | — |
| Total intangible assets | $1,267.4 | | $(870.7) | | $396.7 | |
| June 28, 2025 | Gross Carrying Amounts | Accumulated Amortization | | Net Carrying Amounts | Weighted Average Remaining Amortization Period (Years) | |
| Acquired developed technologies | $822.4 | | $(559.0) | | $263.4 | 4.1 |
| Customer relationships | 419.8 | | (226.6) | | 193.2 | 4.1 |
| In-process research and development | 8.5 | | — | | 8.5 | n/a |
| Order backlog | 14.0 | | (14.0) | | — | — |
| Trade name and trademarks | 3.0 | | (3.0) | | — | — |
| Total intangible assets | $1,267.7 | | $(802.6) | | $465.1 | |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Cost of sales | $19.6 | | $21.4 | | $39.1 | $43.9 |
| Research and development | 0.4 | | 0.4 | | 0.8 | 0.8 |
| Selling, general and administrative | 14.0 | | 17.2 | | 28.5 | 36.0 |
| Total amortization of intangibles | $34.0 | | $39.0 | | $68.4 | $80.7 |
| Fiscal Years | |
| Remainder of 2026 | $67.3 |
| 2027 | 123.6 |
| 2028 | 83.0 |
| 2029 | 52.6 |
| 2030 | 46.5 |
| Thereafter | 21.2 |
| Total future amortization | $394.2 |
Table 26 after “Our debt consists of the following:”
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| December 27, 2025 | June 28, 2025 | | | | | | | | |
| Short-term | Long-term | | Total | Short-term | Long-term | | Total | | |
| Convertible notes (1) | $3,182.5 | | $— | | $3,182.5 | | $— | | $2,506.2 | $2,506.2 |
| Term loans | 57.7 | | 47.1 | | 104.8 | | 10.6 | | 56.4 | 67.0 |
| Total | $3,240.2 | | $47.1 | | $3,287.3 | | $10.6 | | $2,562.6 | $2,573.2 |
| Conversion Price | 130% of Conversion Price | |
| 2032 Notes | $187.77 | | $244.10 |
| 2029 Notes | 69.54 | | 90.40 |
| 2028 Notes | 131.03 | | 170.34 |
| 2026 Notes | 99.29 | | 129.08 |
| December 27, 2025 | 2026 Notes | 2028 Notes | | 2029 Notes | 2032 Notes | Total | | |
| Principal | $468.8 | | $861.0 | | $603.7 | | $1,265.0 | $3,198.5 |
| Unamortized debt issuance costs | (0.5) | | (2.7) | | (3.1) | | (9.7) | (16.0) |
| Net carrying amount of the liability component | $468.3 | | $858.3 | | $600.6 | | $1,255.3 | $3,182.5 |
| June 28, 2025 | 2026 Notes | 2028 Notes | | 2029 Notes | Total | |
| Principal | $1,050.0 | | $861.0 | | $603.7 | $2,514.7 |
| Unamortized debt issuance costs | (1.7) | | (3.3) | | (3.5) | (8.5) |
| Net carrying amount of the liability component | $1,048.3 | | $857.7 | | $600.2 | $2,506.2 |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Contractual interest expense | $5.0 | | $4.6 | | $9.7 | $9.3 |
| Amortization of debt issuance costs | 1.1 | | 0.8 | | 1.9 | 1.5 |
| Total interest expense | $6.1 | | $5.4 | | $11.6 | $10.8 |
| Fiscal Years | 2026 Notes | 2028 Notes | | 2029 Notes | 2032 Notes | Total | | |
| 2026 | $1.2 | | $2.2 | | $4.5 | | $2.4 | $10.3 |
| 2027 | 469.8 | | 4.3 | | 9.1 | | 4.7 | 487.9 |
| 2028 | — | | 865.3 | | 9.1 | | 4.7 | 879.1 |
| 2029 | — | | — | | 9.1 | | 4.7 | 13.8 |
| 2030 | — | | — | | 608.1 | | 4.7 | 612.8 |
| Thereafter | — | | — | | — | | 1,274.7 | 1,274.7 |
| Total payments | $471.0 | | $871.8 | | $639.9 | | $1,295.9 | $3,278.6 |
| Foreign Currency Translation Adjustments, Net of Tax (1) | Defined Benefit Obligations, Net of Tax (2) | | Unrealized Gain on Available-for-Sale Securities, Net of Tax (3) | | Total | |
| Beginning balance as of June 28, 2025 | $9.9 | | $(1.6) | | $0.7 | | $9.0 |
| Other comprehensive gain (loss), net | (0.3) | | — | | 0.4 | | 0.1 |
| Ending balance as of September 27, 2025 | $9.6 | | $(1.6) | | $1.1 | | $9.1 |
| Other comprehensive gain, net | — | | — | | 0.3 | | 0.3 |
| Ending balance as of December 27, 2025 | $9.6 | | $(1.6) | | $1.4 | | $9.4 |
| Foreign Currency Translation Adjustments, Net of Tax (1) | Defined Benefit Obligations, Net of Tax (2) | | Unrealized Gain (Loss) on Available-for-Sale Securities, Net of Tax (3) | | Total | |
| Beginning balance as of June 29, 2024 | $9.8 | | $0.7 | | $(1.2) | | $9.3 |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Balance as of beginning of period | $5.9 | | $6.3 | | $2.5 | $11.1 |
| Charges (reversals) | (0.4) | | 0.7 | | 7.9 | 10.4 |
| Payments and other adjustments | (3.3) | | (5.5) | | (8.2) | (20.0) |
| Balance as of end of period | $2.2 | | $1.5 | | $2.2 | $1.5 |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Cost of sales | $12.9 | | $9.2 | | $21.5 | $18.9 |
| Research and development | 9.3 | | 11.4 | | 19.6 | 20.7 |
| Selling, general and administrative | 23.2 | | 18.2 | | 46.7 | 34.8 |
| Total stock-based compensation | $45.4 | | $38.8 | | $87.8 | $74.4 |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| RSUs | $27.0 | | $24.8 | | $52.6 | $48.8 |
| AIP PSUs | — | | 9.4 | | 4.8 | 13.5 |
| TSR PSUs | 4.6 | | 0.5 | | 7.5 | 0.7 |
| Other PSUs | 5.5 | | 2.3 | | 15.4 | 5.3 |
| Total PSUs | 10.1 | | 12.2 | | 27.7 | 19.5 |
| Options | 1.0 | | 1.3 | | 2.6 | 2.6 |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Income tax benefit associated with stock-based compensation | $2.3 | | $4.7 | | $10.3 | $6.1 |
Table 37 after “The table below summarizes the unrecognized stock-based compensation cost related to unvested shares and the weighted-average period over wh”
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| Unrecognized stock-based compensation (in millions) | Weighted-average period(in years) | |
| RSUs | $181.0 | | 2.0 |
| PSUs | 95.9 | | 2.4 |
| Stock options | 3.3 | | 0.9 |
| ESPP | 2.2 | | 0.4 |
| Stock Options | Restricted Stock Units | | Performance Stock Units | | | | | | |
| Number of Shares | Weighted-Average Exercise Price per Share | | Number of Shares | Weighted-Average Grant Date Fair Value per Share | Number of Shares | | Weighted-Average Grant Date Fair Value per Share | | |
| Balance as of June 28, 2025 | 0.6 | | $8.1 | | 2.6 | | $59.9 | | 1.6 | $61.0 |
| Granted | — | | — | | 1.0 | | 125.9 | | 0.2 | 120.9 |
| Vested/Exercised | (0.3) | | 7.9 | | (1.0) | | 61.1 | | (0.9) | 57.1 |
| Canceled/Forfeited | — | | — | | (0.1) | | 64.9 | | (0.1) | 85.9 |
| Balance as of December 27, 2025 | 0.3 | | $8.1 | | 2.5 | | $86.2 | | 0.8 | $82.0 |
| Awards Available for Grant |
| Balance as of June 28, 2025 | 2.6 |
| Authorized | 3.2 |
| Removed | (1.4) |
| Granted | (1.2) |
| Canceled/Forfeited | 0.2 |
| Balance as of December 27, 2025 | 3.4 |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Balance as of beginning of period | $13.1 | | $13.2 | | $14.4 | $13.2 |
| Measurement period adjustment | — | | — | | — | 0.8 |
| Provision for warranty (1) | 13.5 | | 2.0 | | 16.3 | 4.4 |
| Utilization of reserve, net | (3.9) | | (2.4) | | (8.0) | (5.6) |
| Balance as of end of period | $22.7 | | $12.8 | | $22.7 | $12.8 |
Table 41 after “(in millions, except percentage data):”
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| Three Months Ended | Six Months Ended | | | | | | | | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | | % of Total | Amount | % of Total | | | |
| Net revenue: | | | | | | | | | | | | | |
| Americas: | | | | | | | | | | | | | |
| United States | $144.7 | | 21.7% | | $77.6 | | 19.3% | | $238.4 | | 19.9% | $143.0 | 19.3% |
| Mexico | 102.6 | | 15.4 | | 37.4 | | 9.3 | | 176.2 | | 14.7 | 71.3 | 9.6 |
| Other Americas | 2.0 | | 0.3 | | 4.2 | | 1.0 | | 10.6 | | 0.9 | 7.1 | 1.0 |
First 8 of 18 rows. The CSV has all of them.
| December 27, 2025 | June 28, 2025 | |
| Property, plant and equipment, net | | | |
| United States | $80.1 | | $123.0 |
| Thailand | 266.0 | | 218.6 |
| Japan | 182.9 | | 144.3 |
| United Kingdom | 121.9 | | 109.4 |
| China | 111.4 | | 76.8 |
| Other countries | 51.2 | | 54.3 |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | | | | | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | | % of Total | Amount | % of Total | | | |
| Components | 443.7 | | 66.7% | | 263.7 | | 65.6% | | 822.9 | | 68.6% | $495.1 | 67.0% |
| Systems | 221.8 | | 33.3% | | 138.5 | | 34.4% | | 376.4 | | 31.4% | 244.0 | 33.0% |
| Net revenue | $665.5 | | 100.0% | | $402.2 | | 100.0% | | $1,199.3 | | 100.0% | $739.1 | 100.0% |
| Contract balances | Balance sheet location | December 27, 2025 | June 28, 2025 | | Change | Percentage Change | |
| Accounts receivable, net | Accounts receivable, net | $376.8 | | $250.0 | | $126.8 | 50.7% |
| Deferred revenue and customer deposits | Other current liabilities | $2.1 | | $0.7 | | $1.4 | 200.0% |
| Deferred revenue and customer deposits | Other non-current liabilities | $1.5 | | $— | | $1.5 | n/a |
Table 45 after “The results of operations for the periods presented are not necessarily indicative of results to be expected for future periods. The followi”
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| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Net revenue by type of products: | | | | | | |
| Components | 66.7% | | 65.6% | | 68.6% | 67.0% |
| Systems | 33.3 | | 34.4 | | 31.4 | 33.0 |
| Net revenue | 100.0 | | 100.0 | | 100.0 | 100.0 |
| Cost of sales | 61.0 | | 69.9 | | 61.5 | 70.0 |
| Amortization of acquired developed intangibles | 2.9 | | 5.3 | | 3.3 | 6.0 |
First 8 of 21 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | | | | | | | | | |
| December 27, 2025 | December 28, 2024 | | Change | Percentage Change | December 27, 2025 | | December 28, 2024 | Change | | Percentage Change | | | |
| Net revenue by type of products: | | | | | | | | | | | | | | |
| Components | $443.7 | | $263.7 | | $180.0 | | 68.3% | | $822.9 | | | $495.1 | $327.8 | 66.2% |
| System | 221.8 | | 138.5 | | 83.3 | | 60.1% | | 376.4 | | | 244.0 | 132.4 | 54.3% |
| Net revenue | $665.5 | | $402.2 | | $263.3 | | 65.5% | | $1,199.3 | | | $739.1 | $460.2 | 62.3% |
| Gross profit | $240.1 | | $99.6 | | $140.5 | | 141.1% | | $421.6 | | | $177.5 | $244.1 | 137.5% |
| Gross margin | 36.1% | | 24.8% | | | | | 35.2% | | 24.0% | | | | |
First 8 of 14 rows. The CSV has all of them.
Table 47 after “(in millions, except percentage data):”
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| Three Months Ended | Six Months Ended | | | | | | | | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | | | | | | | | |
| Amount | % of Total | | Amount | % of Total | Amount | | % of Total | Amount | % of Total | | | |
| Net revenue: | | | | | | | | | | | | | |
| Americas: | | | | | | | | | | | | | |
| United States | $144.7 | | 21.7% | | $77.6 | | 19.3% | | $238.4 | | 19.9% | $143.0 | 19.3% |
| Mexico | 102.6 | | 15.4 | | 37.4 | | 9.3 | | 176.2 | | 14.7 | 71.3 | 9.6 |
| Other Americas | 2.0 | | 0.3 | | 4.2 | | 1.0 | | 10.6 | | 0.9 | 7.1 | 1.0 |
First 8 of 18 rows. The CSV has all of them.
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Foreign exchange and other gains (losses), net | $(0.6) | | $5.9 | | $0.9 | $5.2 |
| Interest and investment income, net | 11.6 | | 9.0 | | 20.2 | 18.4 |
| Inducement expense | — | | — | | (5.9) | — |
| Total other income, net | $11.0 | | $14.9 | | $15.2 | $23.6 |
| Three Months Ended | Six Months Ended | | | | |
| December 27, 2025 | December 28, 2024 | | December 27, 2025 | December 28, 2024 | |
| Income tax provision | $18.3 | | $18.6 | | $19.3 | $21.8 |
| Payments Due | | | | |
| Total | Less Than 1 Year | | More Than 1 Year | |
| Contractual Obligations | | | | | |
| Asset retirement obligations | $7.1 | | $— | | $7.1 |
| Operating lease liabilities, including imputed interest (1) | 37.8 | | 14.0 | | 23.8 |
| Pension plan contributions (2) | 2.0 | | 2.0 | | — |
| Purchase obligations (3) | 1,086.0 | | 1,022.8 | | 63.2 |
| Term loans - principal (5) | 104.8 | | 57.7 | | 47.1 |
First 8 of 13 rows. The CSV has all of them.
| December 27, 2025 | June 28, 2025 | | | | |
| Carrying Amount | Estimated Fair Value | | Carrying Amount | Estimated Fair Value | |
| 2032 Notes | $1,255.3 | | $2,840.8 | | $— | $— |
| 2029 Notes | 600.6 | | 3,400.1 | | 600.2 | 925.5 |
| 2028 Notes | 858.3 | | 2,584.6 | | 857.7 | 890.2 |
| 2026 Notes | 468.3 | | 1,844.6 | | 1,048.3 | 1,233.3 |
| $3,182.5 | | $10,670.1 | | $2,506.2 | $3,049.0 |
| Conversion Price (1) | 130% of Conversion Price (1) | |
| 2032 Notes | $187.77 | | $244.10 |
| 2029 Notes | 69.54 | | 90.40 |
| 2028 Notes | 131.03 | | 170.34 |
| 2026 Notes | 99.29 | | 129.08 |
Table 53 after “The following exhibits are filed herewith or are incorporated by reference to exhibits previously filed with the Securities and Exchange Com”
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| Exhibit | | Incorporated by Reference | | | | Filed |
| No. | Exhibit Description | Form | File No. | Exhibit | Filing Date | Herewith |
| 10.1 | Lumentum Holdings Inc. 2025 Equity Incentive Plan. | S-8 | 333-291645 | 4.3 | 11/19/2025 | |
| 10.2 | Credit Agreement, dated as of December 19, 2025, among Lumentum Holdings Inc., as borrower, the lenders from time to time party thereto and Wells Fargo Bank, National Association, as administrative agent and collateral agent. | 8-K | 001-36861 | 10.1 | 12/22/2025 | |
| 10.3 | Global Performance Unit Award Agreement (2025 Equity Incentive Plan). | | | | | X |
| 10.4 | Global Restricted Stock Unit Award Agreement (2025 Equity Incentive Plan). | | | | | X |
| 31.1 | Certification of the Chief Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | | | | | X |
| 31.2 | Certification of the Chief Financial Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | | | | | X |
First 8 of 12 rows. The CSV has all of them.