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LITE US​

Lumentum Holdings Inc.(LITE US)

$756.17+3.630.48%Ext:$759.90+3.730.49%(Market Closed · 00:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Lumentum Holdings Inc. — Company Profile

Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components, modules, and subsystems essential for transmitting video, audio, and data across high-capacity fiber optic networks. Its offerings encompass a wide range of products, including tunable transponders, transceivers, and transmitter modules, alongside various tunable lasers, receivers, and modulators. Furthermore, this segment provides critical transport products such as reconfigurable optical add/drop multiplexers (ROADMs), optical amplifiers, and optical channel monitors. A comprehensive suite of components is also available, featuring 980nm, multi-mode, and Raman pumps; switches; attenuators; photodetectors; gain flattening filters; isolators; wavelength-division multiplexing (WDM) filters; arrayed waveguide gratings (AWGs); multiplex/de-multiplexers; and integrated passive modules. Distinctive innovations from this segment include the Super Transport Blade, which integrates multiple optical transport functions into a single unit; vertical-cavity surface-emitting lasers (VCSELs); directly modulated and electro-absorption modulated lasers; and advanced laser illumination sources for 3D sensing systems. OpComms serves key clientele in the telecommunications, data communications, consumer, and industrial markets. Conversely, the Commercial Lasers segment produces an array of laser technologies, such as diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers. These are primarily utilized in original equipment manufacturer (OEM) applications. This segment's laser solutions cater to a broad spectrum of markets and uses, including sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining.

Sector
Industrials
Industry
Electrical Equipment
Exchange
UQ
CEO
Michael E. Hurlston
Headquarters
San Jose, CA, US
IPO Date
Jul 23, 2015
Employees
13,757
Website
www.lumentum.com

Key Metrics

Price
$1085.42
Market Cap
$84.45B
Revenue (TTM)
$808.40M
Net Income (TTM)
$144.20M
EPS (TTM)
1.99
P/E (TTM)
191.97
P/B (TTM)
28.40
Dividend Yield
0.00%
ROE (TTM)
4.85%
ROA (TTM)
2.05%
Operating Margin
21.59%
Beta
1.90

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Lumentum Holdings Inc., established in 2015 and headquartered in San Jose, California, is a global leader in optical and photonic product manufacturing. The company's reach extends across the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Lumentum operates through two principal business units: Optical Communications (OpComms) and Commercial Lasers. The OpComms segment develops and supplies components, modules, and subsystems essential for transmitting video, audio, and data across high-capacity fiber optic networks. Its offerings encompass a wide range of products, including tunable transponders, transceivers, and transmitter modules, alongside various tunable lasers, receivers, and modulators. Furthermore, this segment provides critical transport products such as reconfigurable optical add/drop multiplexers (ROADMs), optical amplifiers, and optical channel monitors. A comprehensive suite of components is also available, featuring 980nm, multi-mode, and Raman pumps; switches; attenuators; photodetectors; gain flattening filters; isolators; wavelength-division multiplexing (WDM) filters; arrayed waveguide gratings (AWGs); multiplex/de-multiplexers; and integrated passive modules. Distinctive innovations from this segment include the Super Transport Blade, which integrates multiple optical transport functions into a single unit; vertical-cavity surface-emitting lasers (VCSELs); directly modulated and electro-absorption modulated lasers; and advanced laser illumination sources for 3D sensing systems. OpComms serves key clientele in the telecommunications, data communications, consumer, and industrial markets. Conversely, the Commercial Lasers segment produces an array of laser technologies, such as diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers. These are primarily utilized in original equipment manufacturer (OEM) applications. This segment's laser solutions cater to a broad spectrum of markets and uses, including sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining.

Website
www.lumentum.com
Location
San Jose, CA, US
Phone408 546 5483
Employees13,757
CEOMichael E. Hurlston
Sector
Industrials
Industry
Electrical Equipment
IPO DateJul 23, 2015

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Latest Documents

SEC Filings(1.3K)

Expand
  • ARSANNUAL REPORT TO SECURITY HOLDERS6 Oct
  • DEFA14ADEFINITIVE ADDITIONAL PROXY SOLICITING MATERIALS6 Oct
  • DEF 14ADEFINITIVE PROXY STATEMENT6 Oct
  • 4Ali Wajid2 Oct
  • 144Ali Wajid1 Oct
  • 4Wupen Yuen30 Sep
  • 144Wupen Yuen29 Sep
  • 144Wupen Yuen28 Sep
  • 4Wupen Yuen25 Sep
  • 144Wupen Yuen25 Sep
  • 144Wupen Yuen24 Sep
  • 4Wupen Yuen23 Sep
  • 144Wupen Yuen23 Sep
  • 144Wupen Yuen22 Sep
  • 144Wupen Yuen21 Sep
  • 4Wupen Yuen18 Sep
  • 144Wupen Yuen18 Sep
  • 144Wupen Yuen17 Sep
  • 144Wupen Yuen16 Sep
  • 4Wupen Yuen15 Sep

News

  • Lumentum Holdings Inc. $LITE Stock Holdings Reduced by Atlatl Advisers LLC03:47AM
  • 5 Things to Know Before the Stock Market Opens on Friday23 Oct
  • The AI Bottleneck Takes Many Forms. These 7 Stocks Will Benefit.23 Oct
  • Optics Stocks Tumble as Tech Selloff Deepens Ahead of Earnings: Coherent Tumbles 12%, Applied Optoelectronics Drops 10%, Lumentum Falls 9%22 Oct
  • Chip Stocks Tumble, Crushing Investor Hopes for a Long-Term Rebound22 Oct
  • 2,073 Lumentum Holdings Inc. $LITE Shares Sold by Net Worth Advisory Group21 Oct
  • Why Lumentum (LITE) is a Top Growth Stock for the Long-Term20 Oct
  • The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway19 Oct
  • Optics Stocks Rally Ahead of Earnings: Applied Optoelectronics Jumps 5%, Lumentum Adds 4%, Coherent Rises 2%19 Oct
  • Arm vs. Lumentum: Which Tech Stock Is a Better Buy in 2026?19 Oct
  • We don't see ANY END IN SIGHT: Lumentum CEO19 Oct
  • Lumentum Holdings Inc. $LITE Stock: Counterpoint Mutual Funds LLC Raises Stake18 Oct
  • First Citizens Bank & Trust Co. Buys 1,362 Shares of Lumentum Holdings Inc. $LITE16 Oct
  • Optical Stocks Extend Slide as Money Rotates Into Defensives: Applied Optoelectronics Falls 6%, Coherent Drops 7%, Lumentum Slips 5%15 Oct
  • Coherent Has Massively Diappointed Investors for 6 Months: A Respected Analyst Predicts It Will Double Moving Forward15 Oct
  • A $1,000 Investment in This AI Stock Became $22,715. The Real Story Is the Last 12 Months14 Oct
  • Applied Optoelectronics Dives 9% as AI Funding Fears Hit Optical Stocks; Coherent Slides 7%, Lumentum Drops 7%14 Oct
  • Applied Optoelectronics Is Up 175% in 2026 and Lumentum Is Up 164%: Take Profits, or Hold On for the Ride?13 Oct
  • 3 Best AI Stocks to Buy on This Pullback (SNDK, LITE, JBL)13 Oct
  • Lumentum (LITE) is a Top-Ranked Momentum Stock: Should You Buy?13 Oct

Mentions in Filings

  • … ficer since March 2023. From December 2022 to March 2023, Mr. Tachibana served as Personalis’ interim Chief Executive Officer. From August 2015 to September 2018, Mr. Tachibana served as Chief Financial Officer at <strong>Lumentum Holdings Inc.</strong>, a designer and manufacturer of optical and photonic products. From November 2013 to July 2015, Mr. Tachibana served as Vice President, Finance and Corporate Controller at JDS Uniphase Corp., subsequently renamed …
    Personalis, Inc.Lumentum Holdings Inc.·DEFM14A - Definitive proxy statement (merger)·Q4 26·21 Oct
  • … ficer since March 2023. From December 2022 to March 2023, Mr. Tachibana served as Personalis’ interim Chief Executive Officer. From August 2015 to September 2018, Mr. Tachibana served as Chief Financial Officer at <strong>Lumentum Holdings Inc.</strong>, a designer and manufacturer of optical and photonic products. From November 2013 to July 2015, Mr. Tachibana served as Vice President, Finance and Corporate Controller at JDS Uniphase Corp., subsequently renamed …
    Tempus AI, Inc.Lumentum Holdings Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q4 26·21 Oct
  • … ficer since March 2023. From December 2022 to March 2023, Mr. Tachibana served as Personalis’ interim Chief Executive Officer. From August 2015 to September 2018, Mr. Tachibana served as Chief Financial Officer at <strong>Lumentum Holdings Inc.</strong>, a designer and manufacturer of optical and photonic products. From November 2013 to July 2015, Mr. Tachibana served as Vice President, Finance and Corporate Controller at JDS Uniphase Corp., subsequently renamed …
    Tempus AI, Inc.Lumentum Holdings Inc.·S-4/A - Registration statement (business combination, amendment)·Q4 26·20 Oct
  • … with the cumulative total shareholder return of the S&P 500, the Russell 1000, the S&P Composite 1500 Electronic Equipment, Instruments & Components Index, and a peer group of companies constructed by the Company for the period from June 30, 2021, through June 30, 2026. The Company’s peer group includes IPG Photonics Corp., Wolfspeed Inc., <strong>Lumentum Holdings</strong>, Inc., Corning, Inc., MKS Instruments, Inc., and Honeywell International, Inc. 34 35
    COHERENT CORP.Lumentum Holdings Inc.·ARS - Annual report to security holders·FY26·9 Oct
  • … 1,557 | ​ | ​ | | Keysight Technologies, Inc. (b) | ​ | ​ | ​ | ​ | 44,000 | ​ | ​ | ​ | ​ | ​ | 16,017,760 | ​ | ​ | | Lam Research Corporation | ​ | ​ | ​ | ​ | 199,300 | ​ | ​ | ​ | ​ | ​ | 65,472,043 | ​ | ​ | | <strong>Lumentum Holdings</strong>, Inc. (b) | ​ | ​ | ​ | ​ | 9,900 | ​ | ​ | ​ | ​ | ​ | 9,615,474 | ​ | ​ | | Micron Technology, Inc. | ​ | ​ | ​ | ​ | 53,200 | ​ | ​ | ​ | ​ | ​ | 56,663,852 | ​ | ​ | | Microsoft Corporation | ​ | ​ | ​ | ​ | 400, …
    ADAMS DIVERSIFIED EQUITY FUND, INC.Lumentum Holdings Inc.·N-30B-2·Q3 26·21 Oct
  • … | | | | | | --- | --- | --- | --- | | Fiscal 2026 Peer Group | | | | | Advanced Energy Industries, Inc. | Coherent Corporation | Littelfuse, Inc. | Qorvo, Inc. | | Amkor Technology, Inc. | Entegris, Inc. | <strong>Lumentum Holdings Inc.</strong> | Sanmina Corporation | | Belden Inc. | F5, Inc. | MKS Instruments, Inc. | Skyworks Solutions, Inc. | | Celestica Inc. | IPG Photonics Corporation | Novanta Inc. | Trimble Inc. | | Ciena Corporation | Jabil Inc. | Plexus …
    FabrinetLumentum Holdings Inc.·DEF 14A - Definitive proxy statement·Q2 27·20 Oct

Key Stats

Trading

Px/Chg 1D$1,085.42 / +3.79%
Prev Close$895.00
% of 52Wk H84.26%
Avg Volume6.27M
Beta1.90
Mkt Cap84.45B
FD Mkt Cap71.17B

Float

Shrs Out/Float77.80M / 71.17M
Short Float0.14%
Days to Cover1.65
Stock Repurchased$0.00

Current Valuation

EV85.14B
EV/EBITDA154.19
EV/Sales34.22
P/B28.40
P/S33.94
FCF Yield0.09%
ROE4.85%
ROA2.05%
Current Ratio1.14

Estimates

P/E191.97
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgNov '22Nov '23Nov '24Nov '25Oct '26
PRICE-BASED RATIOS
Price / Earnings146.02139.75-47.67-9.0761.46585.61
Price / Sales30.9211.497.743.6527.27104.46
Price / Book Value9.972.592.125.1811.5528.40
Price / Free Cash Flow520.0256.58222.48-44.531,298.011,067.58
ENTERPRISE VALUE METRICS
Enterprise Value23,559.55,495.04,884.77,078.915,197.485,141.6
Enterprise Value / Sales33.6713.0213.175.2131.62105.32
Enterprise Value / EBITDA137.5052.23114.39-86.75275.81331.81
Enterprise Value / EBIT-430.6286.40-135.69-19.03-2,532.89448.11

Financials

Full Financials
Millions USD5Yr CAGR (%)Jul '21Jul '22Jul '23Jun '24Jun '25
INCOME STATEMENT
Revenue-1%1,712.61,712.61,767.01,359.21,645.0
Gross Income-12.6%788.6788.6569.0251.5459.9
EBITDA-31.4%482.4482.4188.7-81.6106.8
EBIT—315.3315.3-66.9-371.9-149.9
Net Income-39.9%198.9198.9-131.6-546.525.9
EPS (Diluted)-39%2.682.68-1.93-8.120.37
BALANCE SHEET
Cash & ST Inv-18.1%1,946.02,549.02,013.6887.0877.1
Total Assets4.4%3,551.64,162.24,632.13,931.94,218.7
Total Liabilities18.2%1,578.82,287.23,276.32,974.63,084.0
Total Shareholder Equity-12.9%1,972.81,875.01,355.8957.31,134.7
CASH FLOW
Net Operating Cash Flow-35.7%738.7459.3179.824.7126.3
Cap Ex24.9%-94.8-91.2-128.5-136.0-231.0
Free Cash Flow—643.9368.151.3-111.3-104.7

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)759.29
Basic Shares77.80
Market Cap59,072.8
Diluted Shares96.20
Fully Diluted Shares Outstanding96.20
Fully Diluted Market Cap73,043.7
+Consolidated Debt3,313.7
−In-the-Money Convertible Debt—
+Capital Leases31.9
+Operating Leases—
−Cash & Equivalents-2,617.8
−Short-term Investments-554.5
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value59,768.7

Segment data

Revenue

by Products and services

  • Systems67%
  • Components33%

Revenue

by Geography

  • Asia Pacific30%
  • Americas19%
  • United States11%
  • Thailand11%
  • Hong Kong9%

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