13 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $3.0B | -$6.9B | 41.7% | 17.4% | -149.3% | -94.9% | $300M | $1.6B | $2.0B |
| 2025 | $1.6B | $26M | 28.0% | -10.9% | 2.3% | 0.6% | -$105M | $2.6B | $521M |
| 2024 | $1.4B | -$547M | 18.5% | -31.9% | -57.1% | -13.9% | -$108M | $2.5B | $437M |
| 2023 | $1.8B | -$132M | 32.2% | -6.5% | -9.7% | -2.8% | $51M | — | $859M |
| 2022 | $1.7B | $199M | 46.0% | 17.7% | 10.6% | 4.8% | $368M | $2.8B | $1.3B |
| 2021 | — | $397M | — | — | 20.1% | 11.2% | $654M | $1.5B | $774M |
| 2020 | — | $136M | — | — | 7.7% | 4.1% | $438M | $1.5B | $298M |
| 2019 | — | -$36M | — | — | -2.4% | -1.3% | $164M | — | $433M |
| 2018 | — | $248M | — | — | 26.8% | 15.7% | $154M | $457M | $397M |
| 2017 | — | -$103M | — | — | -16.6% | -8.3% | -$53M | $457M | $273M |
| 2016 | — | $21M | — | — | 4.2% | 2.9% | $5M | — | $157M |
| 2015 | — | -$3M | — | — | -0.9% | -0.7% | -$44M | — | $15M |
| 2014 | — | $11M | — | — | 3.2% | 2.2% | -$1M | — | $20M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | -$7.2B | — | — | -154.2% | -98.0% | $196M | $1.6B | $2.0B |
| Mar '26 | — | $144M | — | — | 4.8% | 2.1% | $79M | $3.3B | $2.6B |
| Dec '25 | — | $78M | — | — | 9.2% | 1.6% | $43M | $3.3B | $658M |
| Sep '25 | — | $4M | — | — | 0.5% | 0.1% | -$18M | $3.2B | $773M |
| Jun '25 | $481M | $213M | 33.3% | -1.7% | 18.8% | 5.1% | $10M | $2.6B | $521M |
| Mar '25 | $425M | -$44M | 28.8% | -8.9% | -5.0% | -1.1% | -$64M | $2.6B | $516M |
| Dec '24 | $402M | -$61M | 24.8% | -12.8% | -7.0% | -1.5% | -$16M | $2.6B | $480M |
| Sep '24 | $337M | -$82M | 23.1% | -24.5% | -9.2% | -2.1% | -$35M | $2.6B | $489M |
| Jun '24 | $308M | -$253M | 16.6% | -43.3% | -26.4% | -6.4% | $11M | $2.5B | $437M |
| Mar '24 | $367M | -$127M | 16.2% | -31.3% | -10.8% | -3.0% | -$27M | — | $425M |
| Dec '23 | $367M | -$99M | 17.4% | -28.7% | -7.8% | -2.1% | -$33M | — | $469M |
| Sep '23 | $318M | -$68M | 24.1% | -25.4% | -5.2% | -1.5% | -$60M | — | $862M |
| Jul '23 | $371M | -$60M | 24.2% | -15.1% | -4.4% | -1.3% | $13M | — | $859M |
| Apr '23 | $383M | -$39M | 29.2% | -13.4% | -2.6% | -0.9% | -$15M | $2.8B | $549M |
| Dec '22 | $506M | -$32M | 32.8% | -4.3% | -2.1% | -0.7% | $55M | $2.8B | $592M |
| Oct '22 | $507M | -$400000 | 39.7% | 2.7% | -0.0% | -0.0% | -$2M | $2.8B | $605M |
| Jul '22 | — | $35M | — | — | 1.9% | 0.8% | $86M | $2.8B | $1.3B |
| Apr '22 | $395M | $26M | 42.3% | 11.8% | 1.4% | 0.6% | $58M | $2.4B | $1.1B |
| Jan '22 | $447M | $57M | 46.5% | 19.1% | 2.8% | 1.6% | $180M | $1.5B | $552M |
| Oct '21 | — | $82M | — | — | 4.1% | 2.3% | $44M | $1.5B | $611M |
How the market has priced LITE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Lumentum's revenue has grown 15.2% per year. These are computed facts, not advice.
As of FY2026, Lumentum reported $1.6B of total debt against $2.0B of cash; operating income covered interest expense 24×.
In FY2026, gross margin was 41.7%, operating margin 17.4%, and net margin -230.1%.
As of Sep '26, Lumentum traded at a price-to-earnings ratio of about 2947.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.