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Lumentum Holdings Inc. LITE Systems — Concentration risk (as a percent)

Other segment segments

Components
66%

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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

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Cash & equivalents$517.7M+45.8%
Total debt$6.6B+150%
Total equity$3.0B+238%
Total assets$7.0B+76.8%

Cash flow

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Operating cash flow$203.8M
CapEx$124.7M+98.6%
Free cash flow$79.1M+223%

Valuation

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Market cap$65.55B+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

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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:ConcentrationRiskPercentage1.

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 systems — concentration risk (as a percent)?
Lumentum Holdings Inc. (LITE) reported systems — concentration risk (as a percent) of 34% in Q1 2026.
How has Lumentum Holdings Inc.'s systems — concentration risk (as a percent) changed year-over-year?
Lumentum Holdings Inc.'s systems — concentration risk (as a percent) increased by 16.0% year-over-year, from 29.3% to 34%.
What does systems — concentration risk (as a percent) mean?
This metric measures the percentage of total segment revenue derived from a single customer or a small group of key customers. High concentration levels indicate a significant dependency on specific clients, which can create vulnerability if those relationships deteriorate or if the client reduces their procurement volume. Monitoring this percentage is essential for evaluating the stability and diversification of the segment's revenue base.