Free cash flow
Lumentum Holdings Inc. Free cash flow increased by 83.5% to $79.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 222.8%, from -$64.40M to $79.10M. Over 3 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -44.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $105.80M | $44.00M | $180.40M | $58.00M | $85.70M | -$2.10M | $55.00M | -$14.50M | $12.90M | -$60.10M | -$32.50M | -$26.60M | -$34.50M | -$15.90M | -$64.40M | $0.00 | -$18.30M | $43.10M | $79.10M |
| QoQ Change | — | -58.4% | +310.0% | -67.8% | +47.8% | -102.5% | >999% | -126.4% | +189.0% | -565.9% | +45.9% | +18.2% | -29.7% | +53.9% | -305.0% | +100.0% | — | +335.5% | +83.5% |
| YoY Change | — | — | — | — | -19.0% | -104.8% | -69.5% | -125.0% | -84.9% | <-999% | -159.1% | -83.4% | +42.6% | +51.1% | -142.1% | — | +47.0% | +371.1% | +222.8% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Lumentum Holdings Inc.'s free cash flow?
- Lumentum Holdings Inc. (LITE) reported free cash flow of $79.10M in Q1 2026.
- How has Lumentum Holdings Inc.'s free cash flow changed year-over-year?
- Lumentum Holdings Inc.'s free cash flow increased by 222.8% year-over-year, from -$64.40M to $79.10M.
- What is the long-term trend for Lumentum Holdings Inc.'s free cash flow?
- Over 3 years (2021 to 2025), Lumentum Holdings Inc.'s free cash flow has grown at a -44.0% compound annual growth rate (CAGR), from $653.90M to -$114.80M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.