Lumentum Holdings Inc. | Mid-cap | Technology
$119.36
1.64%
| Lumentum Holdings Stock Comparison:
Lumentum Holdings vs Cisco SystemsLumentum Holdings vs Motorola SolutionsLumentum Holdings vs BeldenLumentum Holdings vs ViasatLumentum Holdings vs CommScope HoldingLumentum Holdings vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 480.7M
Gross Profit 159.9M 33.26%
Operating Income -3.2M -0.67%
Net Income 213.3M 44.37%

Balance Sheet Metrics

Total Assets 4.2B
Total Liabilities 3.1B
Shareholders Equity 1.1B
Debt to Equity 2.72

Cash Flow Metrics

Operating Cash Flow 67.2M
Free Cash Flow 10.1M

Revenue & Profitability Trend

Lumentum Holdings Income Statement From 2021 to 2025

Metric20252024202320222021
Revenue i1.6B1.4B1.8B1.7B1.7B
Cost of Goods Sold i1.2B1.1B1.2B924.0M959.7M
Gross Profit i459.9M251.5M569.0M788.6M783.1M
Gross Margin % i28.0%18.5%32.2%46.0%44.9%
Operating Expenses
Research & Development i303.9M302.2M307.8M220.7M214.5M
Selling, General & Administrative i348.2M310.7M348.8M265.7M241.4M
Other Operating Expenses i-----
Total Operating Expenses i652.1M612.9M656.6M486.4M455.9M
Operating Income i-192.2M-361.4M-87.6M302.2M327.2M
Operating Margin % i-11.7%-26.6%-5.0%17.6%18.8%
Non-Operating Items
Interest Income i34.4M61.3M40.8M6.1M5.7M
Interest Expense i22.2M33.8M35.5M80.2M66.7M
Other Non-Operating Income7.9M-71.8M-20.1M7.0M196.9M
Pre-tax Income i-172.1M-405.7M-102.4M235.1M463.1M
Income Tax i-198.0M140.8M29.2M36.2M65.8M
Effective Tax Rate % i0.0%0.0%0.0%15.4%14.2%
Net Income i25.9M-546.5M-131.6M198.9M397.3M
Net Margin % i1.6%-40.2%-7.4%11.6%22.8%
Key Metrics
EBITDA i98.9M-9.8M209.8M475.2M511.5M
EPS (Basic) i$0.38$-8.12$-1.93$2.79$5.27
EPS (Diluted) i$0.37$-8.12$-1.93$2.68$5.07
Basic Shares Outstanding i6900000067300000683000007120000075400000
Diluted Shares Outstanding i6900000067300000683000007120000075400000

Income Statement Trend

Lumentum Holdings Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i520.7M436.7M859.0M1.3B774.3M
Short-term Investments i356.4M450.3M1.2B1.3B1.2B
Accounts Receivable i250.0M194.7M246.1M262.0M212.8M
Inventory i470.1M398.4M408.6M250.1M196.4M
Other Current Assets120.1M110.0M109.6M78.1M81.6M
Total Current Assets i1.7B1.6B2.8B3.1B2.4B
Non-Current Assets
Property, Plant & Equipment i54.4M112.3M116.5M102.1M115.4M
Goodwill i2.6B2.7B1.8B893.5M979.0M
Intangible Assets i465.1M617.5M459.2M155.7M241.2M
Long-term Investments-----
Other Non-Current Assets221.1M23.2M133.1M64.3M76.2M
Total Non-Current Assets i2.5B2.3B1.9B1.0B1.1B
Total Assets i4.2B3.9B4.6B4.2B3.6B
Liabilities
Current Liabilities
Accounts Payable i225.2M126.3M169.4M156.7M116.9M
Short-term Debt i22.0M13.4M326.0M421.1M402.5M
Current Portion of Long-term Debt-----
Other Current Liabilities6.4M3.0M5.9M3.4M3.0M
Total Current Liabilities i392.8M269.3M633.8M716.5M664.6M
Non-Current Liabilities
Long-term Debt i2.6B2.5B2.5B1.5B837.4M
Deferred Tax Liabilities i7.2M55.7M3.4M12.9M35.9M
Other Non-Current Liabilities25.4M5.4M9.2M600.0K2.4M
Total Non-Current Liabilities i2.7B2.7B2.6B1.6B914.2M
Total Liabilities i3.1B3.0B3.3B2.3B1.6B
Equity
Common Stock i100.0K100.0K100.0K100.0K100.0K
Retained Earnings i-861.2M-887.1M-340.6M-129.1M220.9M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.1B957.3M1.4B1.9B2.0B
Key Metrics
Total Debt i2.6B2.6B2.9B1.9B1.2B
Working Capital i1.3B1.3B2.1B2.4B1.8B

Balance Sheet Composition

Lumentum Holdings Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i25.9M-546.5M-131.6M198.9M397.3M
Depreciation & Amortization i256.7M290.3M255.6M167.1M177.1M
Stock-Based Compensation i177.2M128.8M148.4M103.1M92.9M
Working Capital Changes i-279.6M133.2M-110.9M-80.7M-2.1M
Operating Cash Flow i179.7M16.5M197.9M472.2M735.3M
Investing Activities
Capital Expenditures i-182.9M-132.2M-128.2M-84.8M-61.5M
Acquisitions i0-700.9M-861.6M-30.0M1.3M
Investment Purchases i-365.9M-278.7M-1.0B-1.1B-2.0B
Investment Sales i464.7M1.0B1.1B973.6M2.1B
Investing Cash Flow i-84.1M-111.3M-874.0M-256.3M1.0M
Financing Activities
Share Repurchases i00-175.6M-543.9M-236.0M
Dividends Paid i----0
Debt Issuance i76.5M0599.4M854.1M0
Debt Repayment i-8.1M-323.1M-138.7M-1.8M-500.0K
Financing Cash Flow i25.7M-347.1M247.9M269.4M-276.2M
Free Cash Flow i-104.7M-112.3M51.3M368.1M653.9M
Net Change in Cash i121.3M-441.9M-428.2M485.3M460.1M

Cash Flow Trend

Lumentum Holdings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 318.81
Forward P/E 31.97
Price to Book 7.26
Price to Sales 5.01
PEG Ratio -4.83

Profitability Ratios

Profit Margin 1.57%
Operating Margin -0.23%
Return on Equity 2.48%
Return on Assets -2.75%

Financial Health

Current Ratio 4.37
Debt to Equity 229.86
Beta 1.34

Per Share Data

EPS (TTM) $0.37
Book Value per Share $16.26
Revenue per Share $23.84

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
lite8.2B318.817.262.48%1.57%229.86
Cisco Systems 262.2B25.365.5622.58%18.45%59.63
Motorola Solutions 76.9B37.1139.05151.52%19.08%419.96
Belden 4.9B22.593.9918.34%8.60%113.38
Viasat 3.5B-5.880.77-11.50%-13.11%153.97
CommScope Holding 3.5B58.11-2.8617.08%16.62%-6.26

Financial data is updated regularly. All figures are in the company's reporting currency.