LITELumentum
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
The biggest changes in the 10-K filed 2026-08-17, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Net income
-26876.4% Big change FY to 2026-06-27 vs 2025-06-28“Other income, net in fiscal year 2026 increased by $23.1 million compared to fiscal year 2025 primarily due to an increase of $25.8 million in interest and investment income driven by higher short-term investment balances, primarily attributed to $2.0 billion proceeds from issuance of Preferred Stock and $27.5 million Cloud Light escrow settlement.”
Read it in the 10-K ↗
Cash from operations
+494.9% Big change FY to 2026-06-27 vs 2025-06-28The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Operating margin
-10.9% → 17.4% (+28.4 pts) Big change FY to 2026-06-27 vs 2025-06-28The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Gross margin
28.0% → 41.7% (+13.7 pts) Big change FY to 2026-06-27 vs 2025-06-28“Gross margin in fiscal year 2026 increased to 41.7% from 28.0% in fiscal year 2025, primarily driven by higher revenue from our laser chip, laser assembly, and data transport products.”
Read it in the 10-K ↗
“Approximately 54% of the gross margin dollar increase was driven by lower manufacturing costs as a percentage of revenue, primarily due to higher internal factory utilization.”
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Revenue
+83.2% Big change FY to 2026-06-27 vs 2025-06-28“Net revenue increased by $1,369.0 million, or 83.2%, during fiscal year 2026 compared to fiscal year 2025, driven by $889.3 million increase in Components products and a $479.7 million increase in Systems products.”
Read it in the 10-K ↗
“The Components products net revenue growth was primarily driven by the ramp of laser chip and laser assembly product shipment, which represent 78% of the total growth to support strong, broad-based demand across intra-data center, data center interconnect, and long-haul applications, complemented by a slight increase in average selling prices of laser chip products driven primarily by a shift to 200G lane speeds.”
Read it in the 10-K ↗
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on LITE in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/LITE/export.csv") into a cell.