Gross margin
41.7% Fiscal year 2026
Rank 36 of 100: higher than 36% of 153 peers (All). medium.
Rank 29 of 100: higher than 29% of 57 peers (Sector). weak.
Median Technology: 56.1%
Share of revenue left after the direct cost of the products sold.
About the company
Lumentum is a US maker of optical and photonic components. The company supplies lasers and optical modules for fiber networks and data centers, 3D sensors for smartphones and industrial lasers. As of Oct 12, 2026
Fact sheet (from the annual report) Other communications equipment · San Jose, USA
Lumentum makes high-speed optical transceiver modules and optical components for cloud and artificial intelligence applications. The company reports as a single business in one segment and breaks down revenue into components and systems. Components include laser chips, for example, and systems include optical modules, optical switches and industrial lasers. Its customers include cloud and network operators, providers of artificial intelligence infrastructure and makers of networking equipment. Ultrafast lasers are used, for example, for processing circuit boards and semiconductors, and laser sources are built into cameras for depth sensing in smartphones. In August 2015 the company was spun off from JDSU and became independent.
Automatically summarized from SEC annual report (10-K, filed Aug 17, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 15, 2026
Price performance at a glance
Last 30 trading days
- Today +5.9%
- 7 days +5.3%
- 30 days −8.0%
- 1 year +347.0%
Day range (last trading day)
−5.3%Price at 63% of the range+3.1%
52-week range
−78.7%Price at 71% of the range+32.0%
- Distance from the all-time high
- −24.2%
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Gap with volume · Analysis method
This method currently detects no pattern for LITE. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What does the pattern show?
What is this? After strong news, usually earnings, the price opened above the previous day’s high and closed much higher on heavy volume. Such moves often continue for a few more days.
This is a calculated analysis, not a forecast and not a call to buy. Risk notice and investment advice
Fundamental analysis
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and marginLumentum · Sector Technology · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Aug 17, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
Fiscal year to Jun 27, 2026
Quality
Profitability, consistency, balance sheet · 1 without data
3 of 7 criteria met
Growth
Revenue and earnings per share · 2 without data
4 of 5 criteria met
Dividend
Level, consistency, coverage · 6 without data
0 of 1 criteria met
Financial strength
Piotroski, debt, liquidity
5 of 6 criteria met
Quality 3 of 7 met · 1 without data
- met: Gross margin above 40% 41.7%
- met: Operating margin above 15% 17.4%
- not met: Net margin above 10% −230.1%
- not met: Return on equity above 15% −149.3%
- not met: Free cash flow margin above 10% 10.0%
- not met: Profit in each of the last 5 fiscal years 2 of 5
- no data: Free cash flow positive in each of the last 3 fiscal years not stated in the SEC filings
- met: Equity ratio above 30% 63.5%
Operating margin
17.4% Fiscal year 2026
Rank 52 of 100: higher than 52% of 192 peers (All). medium.
Rank 56 of 100: higher than 56% of 60 peers (Sector). medium.
Median Technology: 14.2%
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
−230.1% Fiscal year 2026
Rank 6 of 100: higher than 6% of 237 peers (All). weak.
Rank 10 of 100: higher than 10% of 63 peers (Sector). weak.
Median Technology: 12.5%
Profit after all costs, interest and taxes divided by revenue.
Return on equity
−149.3% Fiscal year 2026
Rank 1 of 100: higher than 1% of 218 peers (All). weak.
Rank 1 of 100: higher than 1% of 61 peers (Sector). weak.
Median Technology: 13.5%
Net income divided by equity at fiscal year end.
Return on assets
−94.9% Fiscal year 2026 (total assets at year end)
Rank 1 of 100: higher than 1% of 238 peers (All). weak.
Rank 1 of 100: higher than 1% of 63 peers (Sector). weak.
Median Technology: 5.9%
Net income divided by total assets at fiscal year end.
Equity ratio
63.5% Fiscal year 2026
Rank 86 of 100: higher than 86% of 239 peers (All). strong.
Rank 75 of 100: higher than 75% of 63 peers (Sector). strong.
Median Technology: 51.6%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
10.0% Fiscal year 2026
Rank 42 of 100: higher than 42% of 213 peers (All). medium.
Rank 40 of 100: higher than 40% of 62 peers (Sector). medium.
Median Technology: 19.0%
Free cash flow divided by revenue.
Free cash flow
300.1M USD Fiscal year 2026
Operating cash flow minus capital expenditure on property and equipment.
Growth 4 of 5 met · 2 without data
- met: Over 3 years, revenue grew by more than 5% per year +19.5%
- met: Over 5 years, revenue grew by more than 5% per year +11.6%
- met: Over 10 years, revenue grew by more than 5% per year +12.8%
- no data: Over 3 years, EPS grew by more than 5% per year not computable (loss in the first or last year, or figures missing)
- no data: Over 5 years, EPS grew by more than 5% per year not computable (loss in the first or last year, or figures missing)
- not met: Revenue rose in at least 4 of the last 5 fiscal years 3 of 5
- met: Revenue rose in the last fiscal year +83.2%
Revenue growth 3 years
+19.5% per year
Rank 76 of 100: higher than 76% of 230 peers (All). strong.
Rank 58 of 100: higher than 58% of 59 peers (Sector). medium.
Median Technology: +14.3%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+11.6% per year
Rank 52 of 100: higher than 52% of 217 peers (All). medium.
Rank 34 of 100: higher than 34% of 54 peers (Sector). medium.
Median Technology: +14.5%
Average growth per year over 5 fiscal years.
Revenue growth 10 years
+12.8% per year
Rank 75 of 100: higher than 75% of 157 peers (All). strong.
Rank 53 of 100: higher than 53% of 37 peers (Sector). medium.
Median Technology: +12.4%
Average growth per year over 10 fiscal years.
Dividend 0 of 1 met · 6 without data
- not met: Pays a dividend no dividend per share reported for the last fiscal year
- no data: Payout ratio at most 60% of earnings pays no dividend
- no data: Dividend paid in each of the last 5 fiscal years pays no dividend
- no data: Dividend per share never lowered in the last 5 fiscal years pays no dividend
- no data: Dividend per share higher than 5 years ago pays no dividend
- no data: Free cash flow per share covers the dividend pays no dividend
- no data: Dividends paid over the last 5 years covered by free cash flow pays no dividend
Financial strength 5 of 6 met
- not met: Piotroski F-Score at least 7 of 9 5 of 9
- met: Long-term debt no higher than equity 0.01
- met: Current assets cover current liabilities 1.68
- met: Positive equity 4.6B USD
- met: In 5 years, share count up by at most 5% −4.8%
- met: Free cash flow positive in the last fiscal year 300.1M USD
Piotroski F-Score
5 of 9 Fiscal year 2026
Rank 21 of 100: higher than 21% of 134 peers (All). weak.
Rank 24 of 100: higher than 24% of 44 peers (Sector). weak.
Median Technology: 6.0 of 9
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
0.01 at fiscal year end
Rank 95 of 100: lower than 95% of 199 peers (All). strong.
Rank 94 of 100: lower than 94% of 54 peers (Sector). strong.
Median Technology: 0.41
Long-term financial debt divided by equity.
Liquidity (current ratio)
1.68 at fiscal year end
Rank 62 of 100: higher than 62% of 215 peers (All). medium.
Rank 40 of 100: higher than 40% of 63 peers (Sector). medium.
Median Technology: 2.02
Current assets divided by current liabilities.
Change in share count
−4.8% in 5 years
Rank 61 of 100: lower than 61% of 199 peers (All). medium.
Rank 79 of 100: lower than 79% of 51 peers (Sector). strong.
Median Technology: +2.8%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
- not met: Profit in the last fiscal year (positive return on assets)
- met: Positive operating cash flow
- not met: Return on assets higher than the prior year
- met: Operating cash flow higher than net income
- met: Long-term debt relative to total assets fell
- not met: Liquidity (current assets / current liabilities) rose
- not met: No additional shares (diluted share count did not rise)
- met: Gross margin higher than the prior year
- met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
- Light yellow: Revenue grew over 5 years (+11.6% per year), more slowly than the sector median.
- Light red: Loss in the last fiscal year.
- Light green: Debt not higher than usual in the sector.
- Light red: Profit in 5 of 10 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
- Fiscal year 2017 (Jul 3, 2016 – Jul 1, 2017): Revenue 1.0B USD · Net income −102.5M USD · Net margin −10.2%
- Fiscal year 2018 (Jul 2, 2017 – Jun 30, 2018): Revenue 1.2B USD · Net income 248.1M USD · Net margin 19.9%
- Fiscal year 2019 (Jul 1, 2018 – Jun 29, 2019): Revenue 1.6B USD · Net income −36.4M USD · Net margin −2.3%
- Fiscal year 2020 (Jun 30, 2019 – Jun 27, 2020): Revenue 1.7B USD · Net income 135.5M USD · Net margin 8.1%
- Fiscal year 2021 (Jun 28, 2020 – Jul 3, 2021): Revenue 1.7B USD · Net income 397.3M USD · Net margin 22.8%
- Fiscal year 2022 (Jul 4, 2021 – Jul 2, 2022): Revenue 1.7B USD · Net income 198.9M USD · Net margin 11.6%
- Fiscal year 2023 (Jul 3, 2022 – Jul 1, 2023): Revenue 1.8B USD · Net income −131.6M USD · Net margin −7.4%
- Fiscal year 2024 (Jul 2, 2023 – Jun 29, 2024): Revenue 1.4B USD · Net income −546.5M USD · Net margin −40.2%
- Fiscal year 2025 (Jun 30, 2024 – Jun 28, 2025): Revenue 1.6B USD · Net income 25.9M USD · Net margin 1.6%
- Fiscal year 2026 (Jun 29, 2025 – Jun 27, 2026): Revenue 3.0B USD · Net income −6.9B USD · Net margin −230.1%
- Quarter Q3/23 (Jul 2, 2023 – Sep 30, 2023): Revenue 317.6M USD · Net income −67.9M USD · Net margin −21.4%
- Quarter Q4/23 (Oct 1, 2023 – Dec 30, 2023): Revenue 366.8M USD · Net income −99.1M USD · Net margin −27.0%
- Quarter Q1/24 (Dec 31, 2023 – Mar 30, 2024): Revenue 366.5M USD · Net income −127.0M USD · Net margin −34.7%
- Quarter Q2/24 (Mar 31, 2024 – Jun 29, 2024): Revenue 308.3M USD · Net income −252.5M USD · Net margin −81.9% · Q4 derived (year minus 9 months), may be distorted by restatements
- Quarter Q3/24 (Jun 30, 2024 – Sep 28, 2024): Revenue 336.9M USD · Net income −82.4M USD · Net margin −24.5%
- Quarter Q4/24 (Sep 29, 2024 – Dec 28, 2024): Revenue 402.2M USD · Net income −60.9M USD · Net margin −15.1%
- Quarter Q1/25 (Dec 29, 2024 – Mar 29, 2025): Revenue 425.2M USD · Net income −44.1M USD · Net margin −10.4%
- Quarter Q2/25 (Mar 30, 2025 – Jun 28, 2025): Revenue 480.7M USD · Net income 213.3M USD · Net margin 44.4% · Q4 derived (year minus 9 months), may be distorted by restatements
- Quarter Q3/25 (Jun 29, 2025 – Sep 27, 2025): Revenue 533.8M USD · Net income 4.2M USD · Net margin 0.8%
- Quarter Q4/25 (Sep 28, 2025 – Dec 27, 2025): Revenue 665.5M USD · Net income 78.2M USD · Net margin 11.8%
- Quarter Q1/26 (Dec 28, 2025 – Mar 28, 2026): Revenue 808.4M USD · Net income 144.2M USD · Net margin 17.8%
- Quarter Q2/26 (Mar 29, 2026 – Jun 27, 2026): Revenue not available · Net income −7.2B USD · Net margin not available · Q4 derived (year minus 9 months), may be distorted by restatements
- Fiscal year 2017 (Jul 3, 2016 – Jul 1, 2017): Earnings per share −1.71 USD
- Fiscal year 2018 (Jul 2, 2017 – Jun 30, 2018): Earnings per share 3.82 USD
- Fiscal year 2019 (Jul 1, 2018 – Jun 29, 2019): Earnings per share −0.54 USD
- Fiscal year 2020 (Jun 30, 2019 – Jun 27, 2020): Earnings per share 1.75 USD
- Fiscal year 2021 (Jun 28, 2020 – Jul 3, 2021): Earnings per share 5.07 USD
- Fiscal year 2022 (Jul 4, 2021 – Jul 2, 2022): Earnings per share 2.68 USD
- Fiscal year 2023 (Jul 3, 2022 – Jul 1, 2023): Earnings per share −1.93 USD
- Fiscal year 2024 (Jul 2, 2023 – Jun 29, 2024): Earnings per share −8.12 USD
- Fiscal year 2025 (Jun 30, 2024 – Jun 28, 2025): Earnings per share 0.37 USD
- Fiscal year 2026 (Jun 29, 2025 – Jun 27, 2026): Earnings per share −92.96 USD
- Quarter Q3/23 (Jul 2, 2023 – Sep 30, 2023): Earnings per share −1.02 USD
- Quarter Q4/23 (Oct 1, 2023 – Dec 30, 2023): Earnings per share −1.47 USD
- Quarter Q1/24 (Dec 31, 2023 – Mar 30, 2024): Earnings per share −1.88 USD
- Quarter Q2/24 (Mar 31, 2024 – Jun 29, 2024): Earnings per share not reported separately for Q4
- Quarter Q3/24 (Jun 30, 2024 – Sep 28, 2024): Earnings per share −1.21 USD
- Quarter Q4/24 (Sep 29, 2024 – Dec 28, 2024): Earnings per share −0.88 USD
- Quarter Q1/25 (Dec 29, 2024 – Mar 29, 2025): Earnings per share −0.64 USD
- Quarter Q2/25 (Mar 30, 2025 – Jun 28, 2025): Earnings per share not reported separately for Q4
- Quarter Q3/25 (Jun 29, 2025 – Sep 27, 2025): Earnings per share 0.05 USD
- Quarter Q4/25 (Sep 28, 2025 – Dec 27, 2025): Earnings per share 0.89 USD
- Quarter Q1/26 (Dec 28, 2025 – Mar 28, 2026): Earnings per share 1.50 USD
- Quarter Q2/26 (Mar 29, 2026 – Jun 27, 2026): Earnings per share not reported separately for Q4
No reported values for “Dividend per share” in this interval.
No reported values for “Dividend per share” in this interval.
Fiscal year 2026 (Jun 29, 2025 – Jun 27, 2026): Revenue 3.0B USD · Net income −6.9B USD · Net margin −230.1%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2026
Of 100 USD of revenue, 41.7 USD gross profit and 17.4 USD operating income remained.
Net loss: −230.1% of revenue
Money flow as a table
| Item | Amount | of revenue |
|---|---|---|
| Revenue | 3.0B USD | 100.0% |
| Gross profit | 1.3B USD | 41.7% |
| Cost of revenue | 1.8B USD | 58.3% |
| Operating income | 524.8M USD | 17.4% |
| Research & development | 356.5M USD | 11.8% |
| Other operating expenses | 374.6M USD | 12.4% |
| Taxes, interest & other | 7.5B USD | 247.5% |
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
Margins
The operating margin fell in 5 years from 30.2% to 17.4%.
Gross marginOperating marginNet margin Margins above ±200% hidden (revenue very small relative to the result).- Fiscal year 2017: Gross margin 31.8% · Operating margin 4.8% · Net margin −10.2%
- Fiscal year 2018: Gross margin 34.6% · Operating margin 11.2% · Net margin 19.9%
- Fiscal year 2019: Gross margin 27.2% · Operating margin −1.4% · Net margin −2.3%
- Fiscal year 2020: Gross margin 38.7% · Operating margin 12.2% · Net margin 8.1%
- Fiscal year 2021: Gross margin 44.9% · Operating margin 30.2% · Net margin 22.8%
- Fiscal year 2022: Gross margin 46.0% · Operating margin 17.7% · Net margin 11.6%
- Fiscal year 2023: Gross margin 32.2% · Operating margin −6.5% · Net margin −7.4%
- Fiscal year 2024: Gross margin 18.5% · Operating margin −31.9% · Net margin −40.2%
- Fiscal year 2025: Gross margin 28.0% · Operating margin −10.9% · Net margin 1.6%
- Fiscal year 2026: Gross margin 41.7% · Operating margin 17.4% · Net margin not available
Returns
Return on equity fell in 5 years from 20.1% to −149.3%.
Return on equityReturn on assets- Fiscal year 2017: Return on equity −16.6% · Return on assets −8.3%
- Fiscal year 2018: Return on equity 26.8% · Return on assets 15.7%
- Fiscal year 2019: Return on equity −2.4% · Return on assets −1.3%
- Fiscal year 2020: Return on equity 7.7% · Return on assets 4.1%
- Fiscal year 2021: Return on equity 20.1% · Return on assets 11.2%
- Fiscal year 2022: Return on equity 10.6% · Return on assets 4.8%
- Fiscal year 2023: Return on equity −9.7% · Return on assets −2.8%
- Fiscal year 2024: Return on equity −57.1% · Return on assets −13.9%
- Fiscal year 2025: Return on equity 2.3% · Return on assets 0.6%
- Fiscal year 2026: Return on equity −149.3% · Return on assets −94.9%
Equity and long-term debt
The equity ratio rose in 5 years from 55.5% to 63.5%.
EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases. Definition changes: some years use a different debt tag.- Fiscal year 2017: Equity 618.8M USD · Long-term debt 317.5M USD
- Fiscal year 2018: Equity 926.1M USD · Long-term debt 334.2M USD
- Fiscal year 2019: Equity 1.5B USD · Long-term debt 351.9M USD
- Fiscal year 2020: Equity 1.7B USD · Long-term debt 1.1B USD
- Fiscal year 2021: Equity 2.0B USD · Long-term debt 789.8M USD
- Fiscal year 2022: Equity 1.9B USD · Long-term debt 1.5B USD
- Fiscal year 2023: Equity 1.4B USD · Long-term debt 2.5B USD
- Fiscal year 2024: Equity 957.3M USD · Long-term debt 2.5B USD
- Fiscal year 2025: Equity 1.1B USD · Long-term debt 2.6B USD
- Fiscal year 2026: Equity 4.6B USD · Long-term debt 40.5M USD
Liquidity (current ratio)
The current ratio fell in 5 years from 3.67 to 1.68.
Current ratio- Fiscal year 2017: Current ratio 5.05
- Fiscal year 2018: Current ratio 5.27
- Fiscal year 2019: Current ratio 4.53
- Fiscal year 2020: Current ratio 7.24
- Fiscal year 2021: Current ratio 3.67
- Fiscal year 2022: Current ratio 4.38
- Fiscal year 2023: Current ratio 4.38
- Fiscal year 2024: Current ratio 5.90
- Fiscal year 2025: Current ratio 4.37
- Fiscal year 2026: Current ratio 1.68
Cash flow
Free cash flow fell in 5 years from 653.9M USD to 300.1M USD.
Operating cash flowCapital expenditureFree cash flow in USD- Fiscal year 2017: Operating cash flow 85.0M USD · Capital expenditure 138.1M USD · Free cash flow −53.1M USD
- Fiscal year 2018: Operating cash flow 247.5M USD · Capital expenditure 93.2M USD · Free cash flow 154.3M USD
- Fiscal year 2019: Operating cash flow 330.1M USD · Capital expenditure 166.0M USD · Free cash flow 164.1M USD
- Fiscal year 2020: Operating cash flow 524.3M USD · Capital expenditure 86.0M USD · Free cash flow 438.3M USD
- Fiscal year 2021: Operating cash flow 738.7M USD · Capital expenditure 84.8M USD · Free cash flow 653.9M USD
- Fiscal year 2022: Operating cash flow 459.3M USD · Capital expenditure 91.2M USD · Free cash flow 368.1M USD
- Fiscal year 2023: Operating cash flow 179.8M USD · Capital expenditure 128.5M USD · Free cash flow 51.3M USD
- Fiscal year 2024: Operating cash flow not available · Capital expenditure 133.0M USD · Free cash flow not available
- Fiscal year 2025: Operating cash flow 126.3M USD · Capital expenditure 231.0M USD · Free cash flow −104.7M USD
- Fiscal year 2026: Operating cash flow 751.4M USD · Capital expenditure 451.3M USD · Free cash flow 300.1M USD
Share count
The share count fell in 5 years by 4.8% (mostly through share repurchases).
Diluted share count- Fiscal year 2017: Diluted share count 60.6M
- Fiscal year 2018: Diluted share count 63.3M
- Fiscal year 2019: Diluted share count 70.7M
- Fiscal year 2020: Diluted share count 77.6M
- Fiscal year 2021: Diluted share count 78.4M
- Fiscal year 2022: Diluted share count 74.2M
- Fiscal year 2023: Diluted share count 68.3M
- Fiscal year 2024: Diluted share count 67.3M
- Fiscal year 2025: Diluted share count 69.6M
- Fiscal year 2026: Diluted share count 74.6M
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
- Dividend per share
- none pays no dividend
- To shareholders (4 years)
- 719.5M USD 100% through repurchases
- Share count over 5 years
- −4.8% fewer shares – each share is a larger stake
What goes back to shareholders
Over 4 years, 719.5M USD went back to shareholders, 100% of it through share repurchases.
Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USD- Fiscal year 2017: Dividends paid not available · Share repurchases not available · New shares issued (including employee plans) not available · Free cash flow −53.1M USD
- Fiscal year 2018: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow 154.3M USD
- Fiscal year 2019: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow 164.1M USD
- Fiscal year 2020: Dividends paid not available · Share repurchases 200.0M USD · New shares issued (including employee plans) not available · Free cash flow 438.3M USD
- Fiscal year 2021: Dividends paid not available · Share repurchases 236.0M USD · New shares issued (including employee plans) not available · Free cash flow 653.9M USD
- Fiscal year 2022: Dividends paid not available · Share repurchases 543.9M USD · New shares issued (including employee plans) not available · Free cash flow 368.1M USD
- Fiscal year 2023: Dividends paid not available · Share repurchases 175.6M USD · New shares issued (including employee plans) not available · Free cash flow 51.3M USD
- Fiscal year 2024: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow not available
- Fiscal year 2025: Dividends paid not available · Share repurchases 0.0 USD · New shares issued (including employee plans) not available · Free cash flow −104.7M USD
- Fiscal year 2026: Dividends paid not available · Share repurchases not available · New shares issued (including employee plans) not available · Free cash flow 300.1M USD
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users. Log in
Sector comparison
Lumentum next to 8 stocks of the sector Technology we cover that are closest in revenue. Click a column header to sort the table.
| Symbol | Revenue (FY) | Growth 5 yrs | Gross margin | Op. margin | Net margin | ROE | Equity ratio | FCF margin | Piotroski |
|---|---|---|---|---|---|---|---|---|---|
| CDNS Cadence Design Systems | 5.3B USD | +14.6% | – | 28.2% | 20.9% | 20.3% | 53.9% | 30.0% | – |
| CRWV CoreWeave | 5.1B USD | – | 71.7% | −0.9% | −22.7% | −35.0% | 6.8% | −141.3% | – |
| CRWD CrowdStrike | 4.8B USD | +40.6% | 74.7% | −6.1% | −3.4% | −3.7% | 39.9% | 27.2% | – |
| SNOW Snowflake | 4.7B USD | +51.2% | 67.2% | −30.6% | −28.4% | −69.2% | 21.1% | 23.9% | 6/9 |
| PLTR Palantir Technologies | 4.5B USD | +32.6% | 82.4% | 31.6% | 36.3% | 22.0% | 83.0% | 46.9% | – |
| DDOG Datadog | 3.4B USD | +41.5% | 80.0% | −1.3% | 3.1% | 2.9% | 56.2% | 29.2% | 5/9 |
| LITE Lumentum this stock | 3.0B USD | +11.6% | 41.7% | 17.4% | −230.1% | −149.3% | 63.5% | 10.0% | 5/9 |
| NET Cloudflare | 2.2B USD | +38.1% | 74.5% | −9.6% | −4.7% | −7.0% | 24.2% | 13.3% | 4/9 |
| ENPH Enphase Energy | 1.5B USD | +13.7% | 46.6% | 10.7% | 11.7% | 15.8% | 31.0% | 6.5% | 6/9 |
| Median of the sector 63 symbols | 11.0B USD | +14.5% | 56.1% | 14.2% | 12.5% | 13.5% | 51.6% | 19.0% | 6/9 |
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 97 symbols in the Technology sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth+11.6% per year, last 5 years
Sector Technology: median +13.5% (88 symbols)
What does this mean? Revenue: over 5 years it grew by 11.6% per year on average, but more slowly than the median company in the sector (+13.5%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth– per year, last 5 years
Sector Technology: median +13.3% (62 symbols)
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net margin
Profit marginThe share of revenue that is left as profit after all costs.Example: Profit €60m on €500m revenue → margin 12%.More in the Academy: Lesson revenue, profit and margin−230.1% last fiscal year
Sector Technology: median 12.5% (97 symbols)
What does this mean? Of every 100 USD in revenue there was no profit but a loss of 230.10 USD. Five years ago the margin was 22.8%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth0.01 latest balance sheet
Sector Technology: median 0.45 (79 symbols)
What does this mean? For every 1 USD of equity there is 0.01 USD of financial debt – no more than the median company in the sector (0.45). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth– Dividend / earnings per share
Sector Technology: median 30% (36 symbols)
What does this mean? The loaded SEC filings of the last two fiscal years contain no dividend per share. Either the company pays none, or it reports it under a different tag.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin5 of 10 fiscal years with a profit
What does this mean? In 5 of the last 10 fiscal years the bottom line showed a profit. 5 years ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
All figures as a table
| Year | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| 2026 | Jun 27, 2026 | 3.0B | −6.9B | −230.1% | −92.96 | – | – |
| 2025 | Jun 28, 2025 | 1.6B | 25.9M | 1.6% | 0.37 | – | – |
| 2024 | Jun 29, 2024 | 1.4B | −546.5M | −40.2% | −8.12 | – | – |
| 2023 | Jul 1, 2023 | 1.8B | −131.6M | −7.4% | −1.93 | – | – |
| 2022 | Jul 2, 2022 | 1.7B | 198.9M | 11.6% | 2.68 | – | – |
| 2021 | Jul 3, 2021 | 1.7B | 397.3M | 22.8% | 5.07 | – | – |
| 2020 | Jun 27, 2020 | 1.7B | 135.5M | 8.1% | 1.75 | – | – |
| 2019 | Jun 29, 2019 | 1.6B | −36.4M | −2.3% | −0.54 | – | – |
| 2018 | Jun 30, 2018 | 1.2B | 248.1M | 19.9% | 3.82 | – | – |
| 2017 | Jul 1, 2017 | 1.0B | −102.5M | −10.2% | −1.71 | – | – |
| Quarter | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| Q2/26* | Jun 27, 2026 | – | −7.2B | – | – | – | – |
| Q1/26 | Mar 28, 2026 | 808.4M | 144.2M | 17.8% | 1.50 | – | – |
| Q4/25 | Dec 27, 2025 | 665.5M | 78.2M | 11.8% | 0.89 | – | – |
| Q3/25 | Sep 27, 2025 | 533.8M | 4.2M | 0.8% | 0.05 | – | – |
| Q2/25* | Jun 28, 2025 | 480.7M | 213.3M | 44.4% | – | – | – |
| Q1/25 | Mar 29, 2025 | 425.2M | −44.1M | −10.4% | −0.64 | – | – |
| Q4/24 | Dec 28, 2024 | 402.2M | −60.9M | −15.1% | −0.88 | – | – |
| Q3/24 | Sep 28, 2024 | 336.9M | −82.4M | −24.5% | −1.21 | – | – |
| Q2/24* | Jun 29, 2024 | 308.3M | −252.5M | −81.9% | – | – | – |
| Q1/24 | Mar 30, 2024 | 366.5M | −127.0M | −34.7% | −1.88 | – | – |
| Q4/23 | Dec 30, 2023 | 366.8M | −99.1M | −27.0% | −1.47 | – | – |
| Q3/23 | Sep 30, 2023 | 317.6M | −67.9M | −21.4% | −1.02 | – | – |
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary| Period | Purchases | Sales | Net |
|---|---|---|---|
| 3 months | $00 people | $90.5M5 people | −$90.5M |
| 6 months | $00 people | $129.4M9 people | −$129.4M |
| 12 months | $00 people | $175.8M12 people | −$175.8M |
Latest transactions
- Oct 1, 2026 Ali Wajid Chief financial officer (CFO) Open-market sale · 10b5-1 plan 24,542 shares · $25.7M · SEC
- Sep 29, 2026 Wupen Yuen Officer Open-market sale · 10b5-1 plan 307 shares · $290.1K · SEC
- Sep 28, 2026 Wupen Yuen Officer Open-market sale · 10b5-1 plan 500 shares · $474.3K · SEC
- Sep 25, 2026 Wupen Yuen Officer Open-market sale · 10b5-1 plan 500 shares · $467.9K · SEC
- Sep 24, 2026 Wupen Yuen Officer Open-market sale · 10b5-1 plan 500 shares · $460.5K · SEC
- Sep 23, 2026 Wupen Yuen Officer Open-market sale · 10b5-1 plan 500 shares · $473.3K · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +45
Price vs. EMA 50-15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+0
Highs and lows+10
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)21.7
Rel. strength 60 d+9.9%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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