Lumentum Holdings Inc. (LITE)

From the record

Lumentum Holdings Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2017-01-03) (its current reports).

From the record

Lumentum Holdings Inc.'s 10 filed years say what it did: revenue went from $1.0 billion in fiscal 2017 to $3.0 billion in fiscal 2026, up 13% a year; it rose in 7 of 9 years; the deepest fall was 23% from fiscal 2023 to fiscal 2024; net income was positive in 5 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-27, Lumentum Holdings Inc.'s diluted share count grew about 3.0% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 185 sales (166 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-27, Lumentum Holdings Inc. lost about 149 cents for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 36 cents per dollar of assets, and net share issuance: its share count grew 7.2% over the year (the filed statements).

From the record

Lumentum Holdings Inc.'s standing among 12 graded names in its industry family: revenue of $3.0 billion in fiscal 2026 ranks in the top 4% by size; a net margin of -230.1% ranks in the bottom 21%; revenue growth of 19.6% a year over the last 3 filed years ranks in the top 29% (its annual reports).

From the record

Lumentum Holdings Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hurlston, Michael E. (President and CEO, as filed), filing under that title since 2025-02-11, 1.8 years (bottom 31% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 5.4 years (bottom 36%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Lumentum Holdings Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $2.0 billion against debt of $41 million leaves 27.4% of its assets as net cash, top 46% of its family; cash from operations less capital spending is 10% of revenue (top 29%); a gross margin of 41.7% (top 50%); research spending of 11.8% of revenue (top 46%) (its annual report).

From the record

Lumentum Holdings Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 19.6% a year over the last three filed years against 13% over all 10, speeding up (top 29% of its family); the newest year grew 83.6% (top 12%); research spending grew 5% a year (bottom 46%); capital spending grew 52.2% a year (top 29%) (its annual reports). Lumentum Holdings Inc. reported 2 lines of business in fiscal 2025: Cloud Networking at $1.4 billion, Industrial Technology at $234 million. 1 of 2 grew in the latest filed year, and the largest line is 86% of revenue (its annual report).

From the record

Lumentum Holdings Inc.'s newest year against its own record: revenue of $3.0 billion in fiscal 2026 came in 89.9% above the $1.6 billion its prior three years' pace pointed to (top 12% of its family); net income of $6.9 billion against a prior three-year average of $217 million (bottom 4%); a net margin of a loss larger than its revenue against -15.4% before (bottom 13%) (its annual reports).