Income StatementBalance SheetCash FlowSegments
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Lumentum Holdings Inc. Income Statement

Revenue, expenses, and profitability over time

Lumentum Holdings Inc. generated $2.5B in trailing twelve-month revenue, up 0.7% year-over-year. Net income was $439.9M with a 17.68% net margin. Gross margin stands at 37.71% and operating margin at 9.53%. Diluted EPS is $5.54, which grew 1.9% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$2.5BGross Profit (TTM)$938.5MOperating Income (TTM)$237.1MNet Income (TTM)$439.9MEps Diluted (TTM)$5.54
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$69.4B
P/E Ratio157.86
ROE22.83%

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of acquired technology$21.4M$19.0M$19.3M$19.5M$19.6M$19.3M
Total cost of revenue$281.2M$283.7M$301.5M$332.8M$405.8M$432.1M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Undistributed Earnings Allocated to Participating Securities (Basic)—$0.0———$1.7M
Basic earnings per share$-0.88$-0.64$3.11$0.06$1.10$1.99
Diluted earnings per share$-0.88$-0.64$3.10$0.05$0.89$1.50
Weighted-average shares, basic68.9M69.3M—70.3M71.1M71.5M
Weighted-average shares, diluted68.9M69.3M—78.3M87.8M96.2M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders—-$44.1M———$142.5M
Net income-$60.9M-$44.1M$213.3M$4.2M$78.2M$144.2M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$99.6M$122.5M$159.9M$181.5M$240.1M$357.0M
Operating income-$51.6M-$37.7M-$8.4M$6.7M$64.3M$174.5M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$18.6M$4.9M-$224.7M$1.0M$18.3M$39.6M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest expense$5.6M$5.7M$5.4M$5.7M$6.3M$6.2M
Other income (expense), net$9.3M-$1.5M—-$1.5M$32.2M$9.3M
Litigation settlement gain (loss)$0.0$0.0——$27.5M$0.0

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Research and development$74.2M$75.9M$79.5M$81.4M$80.1M$90.6M
Restructuring charges$700.0K$7.2M$5.2M$8.3M-$400.0K$1.1M
Selling, general and administrative$76.3M$112.0M$83.6M$85.1M$96.1M$90.8M
Total operating expenses$151.2M$160.2M$168.3M$174.8M$175.8M$182.5M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$402.2M$425.2M$480.7M$533.8M$665.5M$808.4M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain Loss On Sale Of Property Plant Equipment—$34.9M———$0.0
Other income, net (Note 6)$14.9M$4.2M$2.4M$4.2M$11.0M$15.5M