Lumentum Financial Statements
NASDAQ: LITETelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 1,106.99 +0.33%
Lumentum revenue and earnings
In fiscal 2026, Lumentum generated $3.01 billion in revenue, up 83.2% from fiscal 2025, its 2nd consecutive year of revenue growth. Lumentum reported a net loss of $6.94 billion, compared with net income of $25.9 million a year earlier. Gross margin was 41.7% (up from 28.0%) and operating margin 17.4%.
Diluted earnings per share came in at -$92.96, down from $0.37. Over the last 5 fiscal years, LITE's revenue has grown at a 11.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Lumentum income statement (annual)
| Fiscal year (USD) | FY 20262026-06-27 | FY 20252025-06-28 | FY 20242024-06-29 | FY 20232023-07-01 | FY 20222022-07-02 | FY 20212021-07-03 | FY 20202020-06-27 | FY 20192019-06-29 | FY 20182018-06-30 | FY 20172017-07-01 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.01B | 1.65B | 1.36B | 1.77B | 1.71B | 1.74B | 1.68B | 1.57B | 1.25B | 1.00B |
| Revenue growth (YoY) | +83.22% | +21.03% | -23.08% | +3.18% | -1.73% | +3.82% | +7.24% | +25.45% | +24.57% | +10.92% |
| Cost of Revenue | 1.68B | 1.10B | 1.02B | 1.11B | 861.10M | 898.00M | 974.60M | 1.09B | 812.40M | 677.00M |
| Gross Profit | 1.26B | 459.90M | 251.50M | 569.00M | 788.60M | 783.10M | 650.20M | 425.90M | 432.10M | 318.10M |
| Operating Expenses | 731.10M | 640.00M | 685.50M | 684.70M | 485.30M | 256.10M | 446.10M | 447.50M | 292.20M | 270.50M |
| Research & Development | 356.50M | 303.90M | 302.20M | 307.80M | 220.70M | 214.50M | 198.60M | 184.60M | 156.80M | 148.30M |
| Selling, General & Admin | 363.20M | 348.20M | 310.70M | 348.80M | 265.70M | 241.40M | 235.20M | 200.30M | 128.20M | 110.20M |
| Operating Income | 524.80M | -180.10M | -434.00M | -115.70M | 303.30M | 527.00M | 204.10M | -21.60M | 139.90M | 47.60M |
| Interest Expense | 21.80M | 22.20M | 33.80M | 35.50M | 80.20M | 66.70M | 61.20M | 36.30M | 18.20M | 5.50M |
| Other Income (Expense) | -7.70B | 8.00M | 28.30M | 48.80M | 12.00M | 2.80M | 31.40M | 15.80M | 8.50M | 2.30M |
| Pretax Income | — | — | — | — | — | — | — | -33.30M | 129.40M | -59.80M |
| Income Tax | -237.70M | -198.00M | 140.80M | 29.20M | 36.20M | 65.80M | 38.80M | 3.10M | -118.70M | 42.70M |
| Net Income | -6.94B | 25.90M | -546.50M | -131.60M | 198.90M | 397.30M | 135.50M | -36.40M | 248.10M | -102.50M |
| Net Income growth (YoY) | -26876.45% | — | — | -166.16% | -49.94% | +193.21% | — | -114.67% | — | -1202.15% |
| EPS (Basic) | -92.96 | 0.38 | -8.12 | -1.93 | 2.79 | 5.27 | 1.79 | -0.54 | 3.88 | -1.71 |
| EPS (Diluted) | -92.96 | 0.37 | -8.12 | -1.93 | 2.68 | 5.07 | 1.75 | -0.54 | 3.82 | -1.71 |
| Shares Outstanding (Basic) | 74.60M | 69.00M | 67.30M | 68.30M | 71.20M | 75.40M | 75.90M | 70.70M | 62.30M | 60.60M |
| Shares Outstanding (Diluted) | 74.60M | 69.60M | 67.30M | 68.30M | 74.20M | 78.40M | 77.60M | 70.70M | 63.30M | 60.60M |
| EBITDA | 653.60M | -75.80M | -323.40M | -9.10M | 384.90M | 618.40M | 317.40M | 81.30M | 213.90M | 101.80M |
| Gross Margin | 41.67% | 27.96% | 18.50% | 32.20% | 46.05% | 44.93% | 38.73% | 27.21% | 34.63% | 31.76% |
| Operating Margin | 17.41% | -10.95% | -31.93% | -6.55% | 17.71% | 30.24% | 12.16% | -138.00% | 11.21% | 4.75% |
| Net Margin | -230.10% | 1.57% | -40.21% | -7.45% | 11.61% | 22.80% | 8.07% | -2.33% | 19.88% | -10.23% |
This table shows 10 annual periods of Lumentum's income statement, from FY 2026 back to FY 2017, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LITE's reporting calendar. What is a income statement?