Lumentum Earnings Reports

Lumentum delivered a standout second quarter, with over 65 percent year-over-year revenue growth and non-GAAP operating margin expansion above 1,700 basis points. Revenue hit the high end of guidance, while profitability and EPS expanded well beyond prior guidance, demonstrating the leverage of the business model.

Lumentum delivered strong first-quarter fiscal year 2026 results, with net revenue reaching $533.8 million, marking a 58.4% year-over-year increase. The company also achieved substantial operating margin expansion and reported GAAP diluted net income per share of $0.05 and non-GAAP diluted net income per share of $1.10, both at the high end of guidance.

Lumentum reported Q4 2025 revenue of $480.7M and GAAP net income of $213.3M, with EPS of $2.96 and non-GAAP EPS of $0.88. Strong demand in cloud networking and AI infrastructure led to above-guidance revenue, supported by strength in 800G modules and EML chip sales.

Lumentum announced fiscal third quarter 2025 net revenue of $425.2 million, a GAAP net loss of $44.1 million, and a non-GAAP net income of $40.9 million. The company exceeded its guidance for both revenue and EPS, primarily due to strong cloud customer demand and a recovering networking market.

Lumentum reported a strong fiscal second quarter, exceeding the high end of its guidance ranges for both revenue and earnings per share. This performance was driven by strong demand in the cloud end market. The company is optimistic about capitalizing on expanding cloud opportunities and the recovery of the broader networking market.

Lumentum reported a net revenue of $336.9 million and a GAAP net loss of $82.4 million, or $1.21 per diluted share, for the fiscal first quarter ended September 28, 2024. Non-GAAP net income was $12.2 million, or $0.18 per diluted share. The company exceeded the high end of its guidance for both revenue and earnings per share, driven by strong demand for datacom laser chips and expanding cloud demand.

Lumentum reported Q4 2024 results with revenue of $308.3 million and a GAAP net loss per share of $3.72. Non-GAAP net income per share was $0.06. The company exceeded guidance midpoints for both revenue and EPS and saw record orders for datacom chips.

Lumentum reported Q3 2024 net revenue of $366.5 million. GAAP net loss was $127.0 million, or $1.88 per diluted share, while non-GAAP net income was $19.6 million, or $0.29 per diluted share. The company is focusing on capitalizing on cloud data center demand and developing new products.

Lumentum reported Q2 2024 net revenue of $366.8 million and a GAAP net loss of $99.1 million, or $1.47 per diluted share. Non-GAAP net income was $21.7 million, or $0.32 per diluted share. The company expects customer inventory digestion to extend through the balance of fiscal 2024.

Lumentum reported a net revenue of $317.6 million for the fiscal first quarter of 2024. The company's GAAP net loss was $67.9 million, or $1.02 per diluted share, while non-GAAP net income was $23.4 million, or $0.35 per diluted share. The company is maintaining tight cost controls and delivering on product roadmaps and synergy attainment.

Lumentum reported Q4 2023 net revenue of $370.8 million and a GAAP net loss of $0.88 per share. Non-GAAP net income per share was $0.59. The company expects year-over-year Telecom and Datacom growth in calendar 2024, but anticipates customer inventory correction to continue through the year.

Lumentum's fiscal third quarter 2023 results reflect the impact of customer inventory digestion. The company is prioritizing expense controls, accelerated attainment of acquisition synergies, and cash generation.

Lumentum reported a strong fiscal second quarter in 2023, with revenue at $506.0 million. GAAP net loss was $31.7 million, or $0.46 loss per diluted share, while non-GAAP net income was $104.1 million, or $1.52 per diluted share. The company's performance was driven by robust demand from Telecom and Commercial Lasers customers.

Lumentum reported a solid start to fiscal year 2023, with revenue exceeding the midpoint of guidance and earnings per share reaching the high end of the guided range. The company's operating margin also surpassed expectations. Demand was strong from Telecom and Industrial Lasers customers. However, supply chain constraints are expected to persist into fiscal 2024, and the near-term outlook for Datacom and 3D sensing is lower than prior projections.

Lumentum reported Q4 2022 net revenue of $422.1 million and GAAP net income per share of $0.49. The company achieved record revenue in datacom EMLs, coherent components, pump lasers, tunable products, and sub-sea components in fiscal year 2022.

Lumentum reported fiscal third quarter 2022 results with net revenue of $395.4 million and GAAP net income of $26.0 million, or $0.35 per diluted share. Demand is expected to outpace component supplies by more than $100 million in the fourth quarter, with revenue expected to increase.

Lumentum reported strong demand across all major product lines in the second quarter of fiscal year 2022, with results exceeding the midpoint of guidance. However, supply shortages are negatively impacting the third quarter revenue guidance by more than $65 million.

Lumentum reported a net revenue of $448.4 million for the fiscal first quarter of 2022, with a GAAP net income of $81.5 million, or $1.08 per diluted share. The results exceeded guidance due to strong demand, particularly in the Industrial and Consumer product lines and Commercial Lasers segment.

Lumentum announced record fiscal year 2021 results, driven by strong demand. Q4 net revenue was $392.1 million with a GAAP diluted net income per share of $0.28. Component shortages are expected to negatively impact the next quarter's revenue.

Lumentum reported Q3 2021 net revenue of $419.5 million, which includes a $14.8 million deferral due to 5G deployment delays in China. GAAP net income was $225.5 million, or $2.85 per diluted share, while non-GAAP net income was $110.6 million, or $1.40 per diluted share. The company's board approved a share buyback program of up to $700 million over the next two years.

Lumentum reported a strong fiscal second quarter 2021, achieving record revenue and non-GAAP profitability metrics driven by strengthened demand in Telecom and Lasers. The company reported net revenue of $478.8 million and GAAP net income of $83.2 million, or $1.06 per diluted share.

Lumentum Holdings Inc. reported fiscal first quarter 2021 results with a net revenue of $452.4 million and GAAP net income of $67.1 million, or $0.86 per diluted share. The company held $1,610.7 million in total cash and short-term investments at the end of the quarter.

Lumentum reported a net revenue of $368.1 million for the fiscal fourth quarter of 2020. The GAAP diluted net loss per share was $(0.06), while the non-GAAP diluted net income per share was $1.18. Strong market demand and solid execution drove better than projected results across all financial metrics.

Lumentum reported a net revenue of $402.8 million for the fiscal third quarter of 2020, with a GAAP net income of $43.4 million, or $0.56 per diluted share. The COVID-19 pandemic impacted revenue by more than $10 million higher than prior guidance.

Lumentum reported a strong fiscal second quarter of 2020, with record revenue, gross margin, and operating margin. Net revenue reached $457.8 million, and GAAP net income was $49.1 million, or $0.63 per diluted share. The company held $1,315.6 million in total cash and short-term investments at the end of the quarter.