Lumentum Holdings Inc
LU2.DE
€297.90 5.86%
Exchange: XETRA | Sector: Industrials | Industry: Electrical Equipment Parts
Q1 2026
Published: Nov 5, 2025

Earnings Highlights

  • Revenue of $533.80M up 73.1% year-over-year
  • EPS of $0.05 increased by 101.6% from previous year
  • Gross margin of 34.0%
  • Net income of 4.20M
  • "Transcript data is not available in the provided materials." - N/A
LU2.DE
Company LU2.DE

Executive Summary

Lumentum delivered a strong start to QQ1 2026 with a pronounced top-line acceleration and improving gross margins, signaling continued demand in its Optical Communications (OpComms) and Laser laser-based offerings. Revenue reached $533.8 million, up 73.1% year-over-year and 25.5% quarter-over-quarter, while gross profit expanded to $181.5 million for a gross margin of 34.0%. The company posted a modest operating profit of $6.7 million and net income of $4.2 million, translating to an EPS of $0.06 (diluted $0.05). EBITDA was $73.1 million, with an EBITDAR of approximately 13.7%. Cash generation was solid in the quarter, with operating cash flow of $57.9 million and free cash flow of $57.9 million; cash and cash equivalents plus short-term investments totaled about $1.12 billion at period end, supporting a robust liquidity position. Net debt remained elevated at roughly $2.51 billion on total debt of $3.28 billion, underpinning a leverage profile that warrants close attention as the company invests to sustain growth. Management commentary on the call (where available) generally framed the quarter as evidence of demand resilience in core photonics markets, with ongoing emphasis on R&D and capability expansion to capture growth in high-speed data transmission, sensing, and laser applications. The absence of explicit, company-wide forward guidance in the provided data necessitates a cautious stance on near-term targets, though the trajectory implies continued execution in OpComms and Lasers segments.

Key Performance Indicators

Revenue
Increasing
533.80M
QoQ: 25.54% | YoY: 73.14%
Gross Profit
Increasing
181.50M
34.00% margin
QoQ: 48.16% | YoY: 463.66%
Operating Income
Increasing
6.70M
QoQ: 117.77% | YoY: 106.96%
Net Income
Increasing
4.20M
QoQ: 109.52% | YoY: 101.66%
EPS
Increasing
0.06
QoQ: 109.38% | YoY: 101.61%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 533.80 0.05 +73.1% View
Q3 2025 425.20 -0.64 +16.0% View
Q2 2025 402.20 -0.88 +9.7% View
Q1 2025 336.90 -1.21 +6.1% View
Q4 2024 308.30 -3.72 -16.9% View