Lumentum Holdings Inc. (USD). For the year ended 30 June 2026, revenue was 3.01B, +83.2% on the previous year, the net loss was 6.94B. Debt as of 30 June 2026 stood at 1.64B.
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | 30 Jun 2026 | 30 Jun 2025 |
|---|---|---|
| Revenue | 3.01B | 1.65B |
| Cost of revenue | 1.68B | 1.10B |
| Gross profit | 1.26B | 460M |
The series is stated in the current share scale after splits; dividends are not included in the price
Lumentum makes optical components and lasers — the same data-centre interconnect market as Coherent.
The key products are lasers and modulators for optical data transmission plus components for telecom networks. Growth is set by the build-out of AI data centres: the more accelerators are linked into one cluster, the more optics each requires.
The company historically depended on consumer electronics — lasers for face recognition in smartphones — and that market proved unstable, being determined entirely by one handset maker's decisions. Shifting toward data centres made revenue less hostage to someone else's cycle.
Risks: customer concentration, price competition from Chinese module makers, and the ability to scale output faster than demand — in optics a missed generation means the customer designs someone else in for the whole platform. The company carries debt and pays no dividend.
| Research and development | 357M | 304M |
| Selling, general and administrative | 363M | 348M |
| Operating expenses | 731M | 640M |
| Operating income | 525M | −180M |
| Income tax | −238M | −198M |
| Net income | −6.94B | 26M |
| Earnings per share | −92.96 | 0.38 |
| Earnings per share, diluted | −92.96 | 0.37 |
| Weighted average shares | 75M | 69M |
| Weighted average shares, diluted | 75M | 70M |
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 | 30 Sept 2025 | 30 Jun 2025 | 31 Mar 2025 | 31 Dec 2024 | 30 Sept 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2.04B | 2.62B | 658M | 773M | 521M | 516M | 480M | 489M |
| Short-term investments | 695M | 555M | 498M | 349M | 356M | 350M | 417M | 427M |
| Inventory | 692M | 633M | 570M | 532M | 470M | 423M | 402M | 403M |
| Current assets | 4.16B | 4.40B | 2.28B | 2.09B | 1.72B | 1.67B | 1.65B | 1.64B |
| Goodwill | 1.07B | 1.07B | 1.06B | 1.06B | 1.06B | 1.06B | 1.06B | 1.06B |
| Total assets | 7.31B | 7.03B | 4.81B | 4.61B | 4.22B | 3.98B | 3.97B | 3.97B |
| Current liabilities | 2.48B | 3.87B | 3.77B | 1.53B | 393M | 353M | 347M | 305M |
| Short-term debt | 1.60B | 3.24B | 3.24B | 1.08B | 11M | 10M | 10M | 11M |
| Long-term debt | 41M | 43M | 47M | 2.16B | 2.56B | 2.56B | 2.56B | 2.57B |
| Total liabilities | 2.66B | 4.05B | 3.96B | 3.83B | 3.08B | 3.10B | 3.09B | 3.07B |
| Equity | 4.64B | 2.97B | 847M | 781M | 1.13B | 880M | 872M | 896M |
| Shares outstanding | 89M | 72M | 71M | 71M | 70M | 69M | 69M | 69M |
| Shares issued | 89M | 72M | 71M | 71M | 70M | 69M | 69M | 69M |
| Metric | 30 Jun 2026 | 30 Jun 2025 |
|---|---|---|
| Operating cash flow | 751M | 126M |
| Depreciation and amortisation | 129M | 104M |
| Share-based compensation | 170M | 177M |
| Capital expenditure | 451M | 231M |
| Investing cash flow | −786M | −84M |
| Share buybacks | — | 0 |
| Financing cash flow | 1.56B | 42M |
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Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator