Lumentum Holdings Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 27, 2026 · FY), Lumentum Holdings Inc. reported revenue of $3.0B (+83.2% year on year).
| Line item | Jun 27, 2026 · FY | Jun 28, 2025 · FY | Jun 29, 2024 · FY | Jul 1, 2023 · FY |
|---|---|---|---|---|
| Net revenue | $3.0B | $1.6B | $1.4B | $1.8B |
| Cost of sales | $1.7B | $1.1B | $1.0B | $1.1B |
| Amortization of acquired developed intangibles | $77.6M | $82.2M | $83.9M | $84.4M |
| Gross profit | $1.3B | $459.9M | $251.5M | $569.0M |
| Research and development | $356.5M | $303.9M | $302.2M | $307.8M |
| Selling, general and administrative | $363.2M | $348.2M | $310.7M | $348.8M |
| Restructuring and related charges | $11.4M | $22.8M | $72.6M | $28.1M |
| Gain on sale of facility | $0 | ($34.9M) | — | — |
| Total operating expenses | $731.1M | $640.0M | $685.5M | $684.7M |
| Income (loss) from operations | $524.8M | ($180.1M) | ($434.0M) | ($115.7M) |
| Loss on debt extinguishment | ($7.8B) | — | — | — |
| Escrow settlement | $27.5M | — | — | — |
| Interest expense | ($21.8M) | ($22.2M) | ($33.8M) | ($35.5M) |
| Other income, net | $53.3M | $30.2M | $62.1M | $48.8M |
| Total other (expense) income, net | ($7.7B) | — | — | — |
| Loss before income taxes | ($7.2B) | ($172.1M) | ($405.7M) | ($102.4M) |
| Income tax (benefit) provision | ($237.7M) | ($198.0M) | $140.8M | $29.2M |
| Net (loss) income | ($6.9B) | — | — | — |
| Basic (in dollars per share) | -$92.96 | $0.38 | -$8.12 | -$1.93 |
| Diluted (in dollars per share) | -$92.96 | $0.37 | -$8.12 | -$1.93 |
| Basic (in shares) | 74.6M | 69.0M | 67.3M | 68.3M |
| Diluted (in shares) | 74.6M | 69.6M | 67.3M | 68.3M |
| Line item | Mar 28, 2026 · Q3 | Dec 27, 2025 · Q2 | Sep 27, 2025 · Q1 | Mar 29, 2025 · Q3 |
|---|---|---|---|---|
| Net revenue | $808.4M | $665.5M | $533.8M | $425.2M |
| Cost of sales | $432.1M | $405.8M | $332.8M | $283.7M |
| Amortization of acquired developed intangibles | $19.3M | $19.6M | $19.5M | $19.0M |
| Gross profit | $357.0M | $240.1M | $181.5M | $122.5M |
| Research and development | $90.6M | $80.1M | $81.4M | $75.9M |
| Selling, general and administrative | $90.8M | $96.1M | $85.1M | $112.0M |
| Restructuring and related charges | $1.1M | ($400.0K) | $8.3M | $7.2M |
| Gain on sale of facility | $0 | — | — | ($34.9M) |
| Total operating expenses | $182.5M | $175.8M | $174.8M | $160.2M |
| Income (loss) from operations | $174.5M | $64.3M | $6.7M | ($37.7M) |
| Escrow settlement | $0 | $27.5M | — | — |
| Interest expense | ($6.2M) | ($6.3M) | ($5.7M) | ($5.7M) |
| Other income, net | $15.5M | $11.0M | $4.2M | $4.2M |
| Total other income (expense), net | $9.3M | $32.2M | ($1.5M) | — |
| Income (loss) before income taxes | $183.8M | $96.5M | $5.2M | ($39.2M) |
| Income tax provision | $39.6M | $18.3M | $1.0M | $4.9M |
| Net income (loss) | $144.2M | $78.2M | $4.2M | ($44.1M) |
| Income allocated to participating securities | ($1.7M) | — | — | — |
| Net income (loss) available to common shareholders - basic | $142.5M | — | — | — |
| Basic (in usd per share) | $1.99 | $1.10 | $0.06 | -$0.64 |
| Diluted (in usd per share) | $1.50 | $0.89 | $0.05 | -$0.64 |
| Basic (in shares) | 71.5M | 71.1M | 70.3M | 69.3M |
| Diluted (in shares) | 96.2M | 87.8M | 78.3M | 69.3M |
| Line item | Jun 27, 2026 · FY | Jun 28, 2025 · FY | Jun 29, 2024 · FY | Jul 1, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $2.0B | $520.7M | $436.7M | $859.0M |
| Short-term investments | $694.9M | $356.4M | $450.3M | $1.2B |
| Accounts receivable, net | $520.3M | $250.0M | $194.7M | $246.1M |
| Inventories | $691.6M | $470.1M | $398.4M | $408.6M |
| Prepayments and other current assets | $211.6M | $120.1M | $110.0M | $109.6M |
| Total current assets | $4.2B | $1.7B | $1.6B | $2.8B |
| Property, plant and equipment, net | $1.2B | $726.4M | $572.5M | $489.5M |
| Operating lease right-of-use assets, net | $29.2M | $27.9M | $72.8M | $77.3M |
| Goodwill | $1.1B | $1.1B | $1.1B | $695.1M |
| Other intangible assets, net | $326.9M | $465.1M | $617.5M | $459.2M |
| Deferred tax asset | $530.9M | $210.3M | $10.7M | $116.3M |
| Other non-current assets | $30.2M | $10.8M | $12.5M | $16.8M |
| Total assets | $7.3B | $4.2B | $3.9B | $4.6B |
| Accounts payable | $567.4M | $225.2M | $126.3M | $169.4M |
| Accrued payroll and related expenses | $146.3M | $57.9M | $36.1M | $39.4M |
| Accrued expenses | $64.9M | $34.6M | $52.4M | $51.2M |
| Current portion of long-term debt | $1.6B | $10.6M | — | — |
| Operating lease liabilities, current | $13.5M | $11.4M | $13.4M | $14.4M |
| Other current liabilities | $91.5M | $53.1M | $41.1M | $47.8M |
| Total current liabilities | $2.5B | $392.8M | $269.3M | $633.8M |
| Long-term debt | $40.5M | $2.6B | — | — |
| Operating lease liabilities, non-current | $20.3M | $23.6M | $43.0M | $47.7M |
| Deferred tax liability | $7.1M | $7.2M | $55.7M | $3.4M |
| Other non-current liabilities | $115.2M | $97.8M | $103.4M | $91.4M |
| Total liabilities | $2.7B | $3.1B | $3.0B | $3.3B |
| Preferred stock, $0.001 par value, 10 authorized shares, 2.9 shares and zero shares issued and outstanding as of June 27, 2026 and June 28, 2025, respectively | 0 | — | — | — |
| Common stock, $0.001 par value, 990 authorized shares; 88.6 and 69.8 shares issued and outstanding as of June 27, 2026 and June 28, 2025, respectively | 100.0K | 100.0K | 100.0K | 100.0K |
| Additional paid-in capital | $12.4B | $2.0B | $1.8B | $1.7B |
| Accumulated deficit | ($7.8B) | ($861.2M) | ($887.1M) | ($340.6M) |
| Accumulated other comprehensive income | $10.0M | $9.0M | $9.3M | $4.1M |
| Total stockholders’ equity | $4.6B | $1.1B | $957.3M | $1.4B |
| Total liabilities and stockholders’ equity | $7.3B | $4.2B | $3.9B | $4.6B |
| Line item | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Mar 29, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $2.6B | $657.7M | $772.9M | $516.4M |
| Short-term investments | $554.5M | $497.6M | $348.9M | $350.3M |
| Accounts receivable, net | $441.6M | $376.8M | $307.0M | $255.7M |
| Inventories | $632.8M | $570.4M | $531.6M | $422.9M |
| Prepayments and other current assets | $149.0M | $180.7M | $125.2M | $122.0M |
| Total current assets | $4.4B | $2.3B | $2.1B | $1.7B |
| Property, plant and equipment, net | $964.3M | $813.5M | $794.8M | $693.3M |
| Operating lease right-of-use assets, net | $27.0M | $29.6M | $30.5M | $32.2M |
| Goodwill | $1.1B | $1.1B | $1.1B | $1.1B |
| Other intangible assets, net | $362.9M | $396.7M | $430.7M | $499.8M |
| Deferred tax asset | $197.9M | $206.1M | $204.6M | $12.7M |
| Other non-current assets | $13.8M | $15.3M | $6.0M | $8.8M |
| Total assets | $7.0B | $4.8B | $4.6B | $4.0B |
| Accounts payable | $392.7M | $347.4M | $278.6M | $195.2M |
| Accrued payroll and related expenses | $109.7M | $85.3M | $69.3M | $42.8M |
| Accrued expenses | $48.9M | $39.2M | $45.5M | $43.5M |
| Current portion of long-term debt | $3.2B | $3.2B | $1.1B | $10.3M |
| Operating lease liabilities, current | $12.5M | $12.7M | $12.2M | $11.3M |
| Other current liabilities | $62.9M | $42.8M | $41.6M | $49.9M |
| Total current liabilities | $3.9B | $3.8B | $1.5B | $353.0M |
| Long-term debt | $43.2M | $47.1M | $2.2B | $2.6B |
| Operating lease liabilities, non-current | $19.4M | $22.7M | $24.5M | $25.8M |
| Deferred tax liability | $5.4M | $5.6M | $6.0M | $39.4M |
| Other non-current liabilities | $121.2M | $115.7M | $111.1M | $114.9M |
| Total liabilities | $4.1B | $4.0B | $3.8B | $3.1B |
| Preferred stock, $0.001 par value, 10 authorized shares, 2.9 shares and zero shares issued and outstanding as of March 28, 2026 and June 28, 2025, respectively | 0 | — | — | — |
| Common stock, $0.001 par value, 990 authorized shares, 71.7 shares and 69.8 shares issued and outstanding as of March 28, 2026 and June 28, 2025, respectively | 100.0K | 100.0K | 100.0K | 100.0K |
| Additional paid-in capital | $3.6B | $1.6B | $1.6B | $1.9B |
| Accumulated deficit | ($634.6M) | ($778.8M) | ($857.0M) | ($1.1B) |
| Accumulated other comprehensive income | $7.0M | $9.4M | $9.1M | $11.1M |
| Total stockholders’ equity | $3.0B | $846.6M | $780.8M | $879.5M |
| Total liabilities and stockholders’ equity | $7.0B | $4.8B | $4.6B | $4.0B |
| Line item | Jun 27, 2026 · FY | Jun 28, 2025 · FY | Jun 29, 2024 · FY | Jul 1, 2023 · FY |
|---|---|---|---|---|
| Net (loss) income | ($6.9B) | $25.9M | ($546.5M) | ($131.6M) |
| Depreciation expense | $128.8M | $104.3M | $110.6M | $106.6M |
| Stock-based compensation | $170.2M | $177.2M | $128.8M | $148.4M |
| Bad debt expense | $100.0K | $3.4M | — | — |
| Changes in income tax valuation allowance | ($236.3M) | — | — | — |
| Amortization and write-off of acquired intangible assets | $138.2M | $152.4M | $179.7M | $149.0M |
| Write-off of right-of-use assets | $0 | $7.8M | — | — |
| Write-down and loss on sales and dispositions of property, plant and equipment | $21.7M | $5.2M | — | — |
| Loss on debt extinguishment | $7.8B | — | — | — |
| Amortization of debt issuance costs | $3.8M | $3.0M | $14.6M | $24.3M |
| Amortization of inventory fair value adjustment in connection with acquisition | $0 | $0 | $8.3M | $17.8M |
| Inducement expense on partial repurchase of 2026 Notes | $5.9M | — | — | — |
| Gain on sale of facility | $0 | ($34.9M) | $2.6M | $8.6M |
| Other non-cash income, net | ($10.5M) | ($3.5M) | ($12.2M) | ($5.7M) |
| Accounts receivable | ($270.4M) | ($58.7M) | $72.3M | $83.2M |
| Inventories | ($228.4M) | ($71.3M) | $73.8M | ($81.5M) |
| Operating lease right-of-use assets, net | ($1.3M) | $5.1M | $3.4M | $15.5M |
| Prepayments and other current and non-currents assets | ($96.2M) | ($35.1M) | $30.6M | ($4.2M) |
| Income taxes, net | ($47.9M) | ($218.2M) | $77.7M | ($37.9M) |
| Accounts payable | $221.6M | $69.2M | ($89.7M) | ($74.0M) |
| Accrued payroll and related expenses | $88.4M | $22.0M | ($8.9M) | ($36.3M) |
| Operating lease liabilities | ($1.2M) | ($5.7M) | ($4.3M) | ($16.2M) |
| Accrued expenses and other current and non-current liabilities | $43.4M | ($21.8M) | ($16.1M) | $14.8M |
| Net cash provided by operating activities | $751.4M | $126.3M | $24.7M | $179.8M |
| Payments for acquisition of property, plant and equipment | ($451.3M) | ($231.0M) | ($133.0M) | ($128.5M) |
| Acquisition of businesses, net of cash acquired | ($38.0M) | $0 | ($700.9M) | ($861.6M) |
| Payment for acquisition of intangible assets | $0 | $0 | ($4.0M) | — |
| Purchases of short-term investments | ($603.4M) | ($365.9M) | ($278.7M) | ($1.0B) |
| Proceeds from maturities and sales of short-term investments | $264.8M | $464.7M | $1.0B | $1.1B |
| Proceeds from sale of facility, net of cash and selling costs | $0 | $47.8M | — | — |
| Proceeds from the sales of property and equipment | $42.4M | $300.0K | $800.0K | $300.0K |
| Net cash used in investing activities | ($785.5M) | ($84.1M) | ($114.3M) | ($874.0M) |
| Proceeds from the issuance of Series A Convertible Preferred Stock | $2.0B | — | — | — |
| Proceeds from the issuance of 2029 Notes, net of issuance costs | $1.3B | $0 | $0 | $599.4M |
| Proceeds from term loans | $47.9M | $76.5M | — | — |
| Proceeds from employee stock plans | 17.1M | 16.1M | 14.4M | 15.1M |
| Payment for partial repurchase of 2026 Notes | ($843.1M) | — | — | — |
| Cash paid for conversions of convertible notes | ($520.0M) | — | — | — |
| Payment, repurchase and conversion of 2024 Notes | $0 | $0 | — | ($132.8M) |
| Payment for 2032 capped call options | ($102.0M) | — | — | — |
| Principal payments on term loans | ($14.0M) | ($8.1M) | ($323.1M) | ($5.9M) |
| Payment of withholding taxes related to net share settlement of restricted stock units | ($281.0M) | ($41.7M) | ($24.0M) | ($37.2M) |
| Payment of acquisition related holdback | $0 | ($1.0M) | — | — |
| Payment for financing costs related to revolving credit facility | ($2.4M) | — | — | — |
| Net cash provided by (used in) financing activities | $1.6B | $41.8M | ($332.7M) | $263.0M |
| Line item | Mar 28, 2026 · YTD | Dec 27, 2025 · YTD | Sep 27, 2025 · Q1 | Mar 29, 2025 · YTD |
|---|---|---|---|---|
| Net income (loss) | $226.6M | $82.4M | $4.2M | ($187.4M) |
| Depreciation expense | $91.2M | $58.4M | $27.8M | $77.9M |
| Stock-based compensation | $129.4M | $87.8M | $42.4M | $137.2M |
| Bad debt expense (recovery) | ($100.0K) | ($100.0K) | ($100.0K) | $3.4M |
| Gain on sale of facility | $0 | — | — | ($34.9M) |
| Amortization and write-off of acquired intangibles | $102.2M | $68.4M | $34.4M | $117.7M |
| Write-down and loss on sales and dispositions of property, plant and equipment | $13.4M | $12.0M | $400.0K | $5.2M |
| Amortization of debt issuance costs | $3.0M | $1.9M | $800.0K | $2.3M |
| Inducement expense on partial repurchase of 2026 Notes | $5.9M | $5.9M | $5.9M | — |
| Write-off of right-of-use assets | $0 | $0 | $0 | $6.2M |
| Other non-cash items | ($9.1M) | ($6.2M) | ($3.0M) | ($5.6M) |
| Accounts receivable | ($191.5M) | ($126.7M) | ($56.9M) | ($64.4M) |
| Inventories | ($165.2M) | ($102.5M) | ($57.5M) | ($25.7M) |
| Operating lease right-of-use assets, net | $900.0K | ($1.7M) | ($2.6M) | $2.4M |
| Prepayments and other current and non-current assets | ($22.5M) | ($27.4M) | ($2.4M) | ($21.7M) |
| Income taxes, net | $17.9M | $1.5M | ($1.9M) | $16.8M |
| Accounts payable | $109.4M | $79.9M | $28.8M | $44.9M |
| Accrued payroll and related expenses | $51.8M | $27.4M | $11.4M | $6.9M |
| Operating lease liabilities | ($3.1M) | $400.0K | $1.7M | ($3.6M) |
| Accrued expenses and other current and non-current liabilities | $28.2M | $21.8M | $24.8M | ($15.3M) |
| Net cash provided by operating activities | $388.4M | $184.6M | $57.9M | $62.3M |
| Payments for acquisition of property, plant and equipment | ($284.5M) | ($159.8M) | ($76.2M) | ($177.1M) |
| Payment for acquisition of business | ($38.0M) | — | — | — |
| Proceeds from sale of facility, net of cash and selling costs | $0 | — | — | $47.8M |
| Purchases of short-term investments | ($379.2M) | ($257.5M) | ($58.3M) | ($280.2M) |
| Proceeds from maturities and sales of short-term investments | $181.0M | $118.0M | $66.7M | $384.5M |
| Proceeds from the sales of property, plant and equipment | $39.6M | $100.0K | $0 | $300.0K |
| Net cash used in investing activities | ($481.1M) | ($299.2M) | ($67.8M) | ($24.7M) |
| Proceeds from issuance of Series A Convertible Preferred Stock | $2.0B | — | — | — |
| Proceeds from the issuance of 2032 Notes, net of issuance costs | $1.3B | $1.3B | $1.3B | — |
| Proceeds from term loans | $47.9M | $47.9M | $0 | $76.5M |
| Proceeds from employee stock plans | 9.2M | 8.7M | — | 8.3M |
| Payment for partial repurchase of 2026 Notes | ($843.1M) | ($843.1M) | ($843.1M) | $0 |
| Payment for 2032 Notes capped call options | ($102.0M) | ($102.0M) | ($102.0M) | — |
| Payment of withholding taxes related to net share settlement of restricted stock units | ($164.2M) | ($107.4M) | ($47.4M) | ($36.3M) |
| Principal payments on term loans | ($9.2M) | ($5.1M) | ($2.6M) | ($5.4M) |
| Payment for financing costs related to revolving credit facility | ($2.4M) | ($2.0M) | — | — |
| Payment for Conversions of Convertible Notes | ($800.0K) | — | — | — |
| Payment of acquisition related holdback | $0 | $0 | $0 | ($1.0M) |
| Net cash provided by financing activities | $2.2B | $251.6M | $262.1M | $42.1M |
| Increase in cash and cash equivalents | $2.1B | $137.0M | $252.2M | $79.7M |
| Cash and cash equivalents at beginning of period | $520.7M | $520.7M | $520.7M | $436.7M |
| Cash and cash equivalents at end of period | $2.6B | $657.7M | $772.9M | $516.4M |
| Cash paid for taxes, net | $41.1M | $17.9M | $3.2M | $10.5M |
| Cash paid for interest | $12.8M | $10.3M | $100.0K | $9.7M |
Lumentum Holdings Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.