TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0001633978 /10-K filed Aug 17, 2026, compared with Aug 19, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
SWKSLITETRMBFFIVMPWRP
Nasdaq Technology · Communications Equipment

Lumentum LITE

LITE quote by TradingView

Lumentum Holdings Inc. (“we,” “us,” “our”, “Lumentum” or the “Company”) is a global leader in optical and photonic technologies and an industry-leading provider of optical and photonic products based on revenue and market share. 10-K, Item 1

Employees
13,757
Headquarters
San Jose, CA
CEO
Michael E. Hurlston
Next results
around Feb 2, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $1.6B through the costs to a net profit of $25.9M · income statement of the 10-K

2% net margin
Revenue to Gross profit: $459.9MRevenue to Cost of revenue: $1.2BGross profit to Net profit: $25.9MGross profit to Costs, tax, other: $434.0M Revenue: $1.6B REVENUE $1.6B +21% Y/Y Gross profit: $459.9M · 28% margin GROSS PROFIT $459.9M 28% margin · +83% Y/Y Cost of revenue: $1.2B · 72% of revenue COST OF REVENUE $1.2B 72% of revenue Net profit: $25.9M · 2% margin NET PROFIT $25.9M 2% margin Costs, tax, other: $434.0M · 26% of revenue COSTS, TAX, OTHER $434.0M 26% of revenue
Gross profit $459.9M 28% margin · +83% Y/Y
Net profit $25.9M 2% margin
The full income statement, year by year

LITE among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 83.2%, above 97% of 74 peers (their median 14.0%) REVENUE GROWTH 83.2% · above 97% Gross margin: 45.9%, above 24% of 67 peers (their median 58.0%) GROSS MARGIN 45.9% · above 24% Operating margin: 23.5%, above 50% of 70 peers (their median 22.6%) OPERATING MARGIN 23.5% · above 50% Net margin: -175.8%, above 0% of 74 peers (their median 19.2%) NET MARGIN -175.8% · above 0% FCF margin: 9.5%, above 17% of 70 peers (their median 23.7%) FCF MARGIN 9.5% · above 17%
LITE Peer median Below the median

What changed

28 new risk paragraphs. 10-K filed Aug 17, 2026 against Aug 19, 2025.

Risk factors
28 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Accounting checks
10 other checks clear
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
3 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 10 checks found nothing to note

  • Cash from operations $751.4M vs net income −$6.9B (FY ending Jun 27, 2026)
  • Inventory +47.1% vs revenue +83.2% (-36.1 pts)
  • Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
7 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Inventories, Valuation of Inventory
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

28 paragraphs in Risk Factors that were not in the 10-K filed Aug 19, 2025. Quoted as filed.

All 28 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Aug 19, 2025 10-K, ITEM 1A
    Our ability to sell our products to a previously significant customer has been restricted.
  2. Item 1A · new paragraph · not in the 10-K filed Aug 19, 2025 10-K, ITEM 1A
    Changes in demand and customer requirements for our products may be difficult to forecast. We may be unable to increase our manufacturing capacity to meet future demand, or we may experience difficulties in generating and maintaining demand to optimize our manufacturing capacity. If we are unable to align supply with demand, it could…
  3. Item 1A · new paragraph · not in the 10-K filed Aug 19, 2025 10-K, ITEM 1A
    If we are unable to successfully identify, acquire and integrate suitable businesses, our operating results and prospects could be harmed, and any businesses we acquire may not perform as expected or be effectively integrated.
  4. Item 1A · new paragraph · not in the 10-K filed Aug 19, 2025 10-K, ITEM 1A
    Negotiations for potential acquisitions or other transactions may result in diversion of management’s time and significant out-of-pocket costs. In addition, we may face risk related to:

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$1.8B$1.4B$1.6B$3.0B
Net income−$131.6M−$546.5M$25.9M−$6.9B
Operating cash flow$179.8M$24.7M$126.3M$751.4M
Free cash flow$51.3M−$108.3M−$104.7M$300.1M

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$3.0B ▲ 83.2% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

3 filings in the last 30 days · SEC EDGAR

All filings

About the company

Lumentum, San Jose, CA · from the 10-K filed Aug 17, 2026

Lumentum Holdings Inc. (“we,” “us,” “our”, “Lumentum” or the “Company”) is a global leader in optical and photonic technologies and an industry-leading provider of optical and photonic products based on revenue and market share. Our products are essential to a range of cloud, artificial intelligence and machine learning (“AI/ML”), telecommunications, consumer, and industrial end-market applications. We operate in one reportable segment as a single, integrated enterprise. See “Note 17. Operating Segments and Geographic Information” to the consolidated financial statements.

Headquarters
San Jose, CA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
June 27
Last results
Nov 2, 2026
Incorporated in
DE

Employees, at the top of the page: "As of June 27, 2026, we employed approximately 13,757 full-time employees, including approximately 11,916 employees in manufacturing, 1,085 employees in R&D and 756 employees in SG&A" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Aug 17, 2026 (open at SEC), compared with the 10-K filed Aug 19, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/LITE/export.csv") into a cell.