What is Lumentum Holdings Inc.'s R&D?

Lumentum Holdings Inc. (LITE) reported R&D of $90.6M in Q1 2026.

How has Lumentum Holdings Inc.'s R&D changed year-over-year?

Lumentum Holdings Inc.'s R&D increased by 19.4% year-over-year, from $75.9M to $90.6M.

What is the long-term trend for Lumentum Holdings Inc.'s R&D?

Over 4 years (2021 to 2025), Lumentum Holdings Inc.'s R&D has grown at a 9.1% compound annual growth rate (CAGR), from $214.5M to $303.9M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Lumentum Holdings Inc. LITE R&D

R&D at other companies

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$185.99M+23.4%

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$81M+15.7%

IPG PhotonicsIPGP

$33.31M+17.6%

Broadcom Inc.AVGO

$3B+11.2%

MACOM Technology SolutionsMTSI

$68.98M+19.3%

nLIGHT, Inc.LASR

$11.85M+4.1%

Segments

By segment

See full

Cloud & Networking$194.7M+1.2%

Industrial Tech$61.3M-9.9%

Other financials

Income statement

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Revenue$808.4M+90.1%

Gross profit$376.3M+166%

Operating income$174.5M+563%

Net income$144.2M+427%

EPS (diluted)$1.50+334%

Balance sheet

See full

Cash & equivalents$517.7M+45.8%

Total debt$6.6B+150%

Total equity$3.0B+238%

Total assets$7.0B+76.8%

Cash flow

See full

Operating cash flow$203.8M—

CapEx$124.7M+98.6%

Free cash flow$79.1M+223%

Valuation

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Market cap$64.41B+1,063%

Profitability

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Gross margin40.8%+11.2pp

Operating margin9.5%+5.7pp

Net margin17.7%+10.9pp

FCF margin4.2%—

Returns & leverage

See full

Return on equity22.8%+13.8pp

Debt / equity2.2×-0.8×

Current ratio1.1×-3.6×

Where this comes from

Reported directly by Lumentum Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Lumentum Holdings Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lumentum Holdings Inc.'s R&D?: Lumentum Holdings Inc. (LITE) reported R&D of $90.6M in Q1 2026.
How has Lumentum Holdings Inc.'s R&D changed year-over-year?: Lumentum Holdings Inc.'s R&D increased by 19.4% year-over-year, from $75.9M to $90.6M.
What is the long-term trend for Lumentum Holdings Inc.'s R&D?: Over 4 years (2021 to 2025), Lumentum Holdings Inc.'s R&D has grown at a 9.1% compound annual growth rate (CAGR), from $214.5M to $303.9M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.