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Lumentum

LITE · Information Technology

Last earnings Aug 11, 2026  ·  Next earnings Nov 5, 2026

Key results

Net revenuefull-year

$480.7 million

Net revenue of $480.7 million

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

GAAP gross marginfull-year

33.3%

GAAP gross margin of 33.3%

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Non-GAAP gross marginfull-year

37.8%

Non-GAAP gross margin of 37.8% GAAP operating loss of 1.7%

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Non-GAAP operating marginfull-year

15.0%

Non-GAAP operating margin of 15.0%

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Net revenue of $1.65 billion

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

GAAP gross margin of 28.0%

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Non-GAAP gross margin of 34.7% GAAP operating loss of 10.9%

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Non-GAAP operating margin of 9.7% San Jose, Calif.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Revenuequarter

$480.7 million

Net revenue $ 480.7 $ 308.3 $ 1,645.0 $ 1,359.2

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Revenuefull-year

$1,645.0 million

Net revenue $ 480.7 $ 308.3 $ 1,645.0 $ 1,359.2

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Gross marginquarter

$159.9 million

Gross profit 159.9 51.3 459.9 251.5

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Gross marginfull-year

$459.9 million

Gross profit 159.9 51.3 459.9 251.5

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Research and developmentquarter

$79.5 million

Research and development 79.5 73.2 303.9 302.2

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Research and developmentfull-year

$303.9 million

Research and development 79.5 73.2 303.9 302.2

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Selling, general, and administrativequarter

$83.6 million

Selling, general and administrative 83.6 74.9 348.2 310.7

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Selling, general, and administrativefull-year

$348.2 million

Selling, general and administrative 83.6 74.9 348.2 310.7

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Net incomequarter

$213.3 million

Net income (loss) $ 213.3 $ (252.5) $ 25.9 $ (546.5)

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Net incomefull-year

$25.9 million

Net income (loss) $ 213.3 $ (252.5) $ 25.9 $ (546.5)

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

AI analysis

Q4 FY2025 · reported Aug 12, 2025

Based on: Earnings release + parent 8-K + 10-K — transcript not held

Revenue · Q4 FY2025
$480.7M
Full year: $480.7 million
EX-99 · Aug 12, 2025
GAAP gross margin · Q4 FY2025
33.3%
EX-99 · Aug 12, 2025
Net income · Q4 FY2025
$213.3M
Full year: $25.9 million
EX-99 · Aug 12, 2025
Gross margin · Q4 FY2025
$159.9M
EX-99 · Aug 12, 2025

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Aug 12, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ4 FY2025Prior qtrYear ago
Revenue$480.7 million——
Gross margin$159.9 million——
Research and development$79.5 million——
Selling, general, and administrative$83.6 million——
Net income$213.3 million——

EX-99 · Aug 12, 2025

Guidance · company-stated

Net revenue$510 million
operating margin

“of 16.0%”

Non-GAAP diluted earnings per share

“of $0.95 to $1.10”

Midpoint vs latest-quarter revenue+6.1%computed from stated figures

Guidance stated in the release's Business Outlook table for the first quarter of fiscal year 2026; no direction stated — figures as stated in the table.

Next earningsNov 5, 2026Verified from the company’s own announcement

Margin

GAAP gross marginfull year33.3%
Non-GAAP gross marginfull year37.8%
Non-GAAP operating marginfull year15.0%
Gross margin$159.9M
Gross marginfull year$459.9M

Capital allocation

Other charges, net for the twelve months ended June 28, 2025 mainly includes $12.2 million of legal and professional fees primarily related to non-ordinary course legal matters, $6.2 million of CEO transition costs, and $3.2 million of bad debt reserve related to the remaining unpaid balances due from Huawei associated with the trade restrictions, offset by a credit of $5.2 million associated with indirect taxes reserve released due to the settlement of an audit and a $5.0 million credit related to units sold that were previously written down.

(6) The adjustment represents the dilutive impact of equity-based compensation awards in accordance with the treasury stock method and dilutive shares from our convertible debt instruments under the if-converted method.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue +6.1% computed from stated figures
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

LUMENTUM ANNOUNCES FOURTH QUARTER AND FULL FISCAL YEAR 2025 RESULTS

Based on: Earnings release + parent 8-K + 10-K — transcript not held

Guidance & outlook

Net revenue: “Net revenue in the range of $510 million to $540 million”

operating margin: “operating margin of 16.0%”

Non-GAAP diluted earnings per share: “Non-GAAP diluted earnings per share of $0.95 to $1.10”

Net revenue (“the first quarter of fiscal year 2026”)
“Net revenue in the range of $510 million to $540 million”

operating margin (“the first quarter of fiscal year 2026”)
“operating margin of 16.0%”

Non-GAAP diluted earnings per share (“the first quarter of fiscal year 2026”)
“Non-GAAP diluted earnings per share of $0.95 to $1.10”

Guidance stated in the release's Business Outlook table for the first quarter of fiscal year 2026; no direction stated — figures as stated in the table.

Capital allocation

Other charges, net for the twelve months ended June 28, 2025 mainly includes $12.2 million of legal and professional fees primarily related to non-ordinary course legal matters, $6.2 million of CEO transition costs, and $3.2 million of bad debt reserve related to the remaining unpaid balances due from Huawei associated with the trade restrictions, offset by a credit of $5.2 million associated with indirect taxes reserve released due to the settlement of an audit and a $5.0 million credit related to units sold that were previously written down.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

(6) The adjustment represents the dilutive impact of equity-based compensation awards in accordance with the treasury stock method and dilutive shares from our convertible debt instruments under the if-converted method.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Additionally, instability in the global credit and banking markets, inflation, trade wars, disputes and tariffs, capital expenditure reductions, unemployment, stock market volatility, armed conflicts and geopolitical tensions in many parts of the world (including as a result of the on-going Russia-Ukraine war, ongoing conflicts in the Middle East, including the U.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

Strategy & priorities

Restructuring charges for the twelve months ended June 28, 2025 include $14.6 million of assets written off, including property, plant and equipment, right-of-use assets, prepayments and other current assets as well as charges for other contractual commitments associated with site closures, and $4.3 million of employee severance primarily due to efforts to consolidate our sites and focus on other market opportunities, including cloud and AI markets.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Demand for our products is fueled by the ongoing expansion of network capacity required to support cloud services, AI/ML processing, streaming video, video conferencing, wireless and mobile connectivity, and the internet of things ( IoT ).

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

The convergence of factors including the growing reliance on data transmission, the rapid adoption of AI/ML, and the increasing digitalization of society is driving expansion in cloud data centers and the demand for higher-bandwidth network solutions.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

We are investing in manufacturing capacity, both internally and with contract manufacturers, to meet demand.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

Fluctuations in the geopolitical landscape, including war, military conflicts, changes in export regulations, the effects of heightened, scheduled, or proposed tariffs, and shifts in national priorities and foreign relations policies, can significantly impact our business.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

Risks & headwinds

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

Among the factors that could cause actual results to differ from those contemplated are (a) uncertainty and volatility in the global markets, including uncertainty and volatility in the macroeconomic environment, volatility and uncertainty with respect to economic growth, inflationary pressures, changes in the political or economic environment, such as geopolitical conflicts, war, international trade regulation and restrictions (including tariffs, duties and export controls to be implemented by the U.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the Company s Quarterly Report on Form 10-Q for the fiscal quarter ended March 29, 2025 filed with the Securities and Exchange Commission, and in the Company s other filings with the Securities and Exchange Commission, including the Company s Annual Report on Form 10-K for the fiscal year ended June 28, 2025, which will be filed with the Securities and Exchange Commission, available at www.

SEC original ↗Lumentum — Earnings release (8-K exhibit)EX-99Aug 12, 2025

LEGAL PROCEEDINGS 39 ITEM 4.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

-China relations, international trade regulation and restrictions (including tariffs, duties, and export controls to be implemented by the U.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

and other countries), market and regulatory conditions, trends and uncertainties in our business and financial results, and are often identified by the use of words such as, but not limited to, anticipate, believe, can, continue, could, estimate, expect, intend, may, might, plan, project, seek, should, target, will, would, contemplate, believe, predict, potential and similar expressions or variations intended to identify forward-looking statements.

SEC original ↗Lumentum — 10-K Annual report10-KAug 17, 2026

Documents

Earnings deck slides

1 deck with slide view

Lumentum — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Lumentum — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Lumentum — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Lumentum — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Lumentum — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Named in the company’s own filings

Financial Institutions Inc. (FISI)“Risk Factor Summary Our business operations are subject to numerous risks, factors and uncertainties, including those outside of our control, which could cause our actual results to be harmed, including risks regarding the following: Risks Related to our Business unfavorable economic and market conditions, including trade restrictions, export control laws and customs regulations, and tariffs; our ”

Filings

84 documents

Earnings releases

40 documents

Presentations

6 documents

Transcripts

0 documents

No transcripts for Lumentum are held in this edition of the library.

Mentioned by

4 companies

Other tracked companies whose held documents mention Lumentum by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.