Companies /Technology

Lumentum Holdings Inc

NASDAQ: LITE Communication Equipment
$871.50
▼ $43.26 (−4.73%) today
Markets open · 2:39pm ET

Q4 2026 Earnings

Reported Aug 11, 2026, 4:24pm ET · SEC source
$3.23
Beat +8.79%
EPS · est. $2.97 Adjusted
$1.0B
Beat +1.88%
Revenue · est. $987.7M
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+6%+12%+18%Aug 11Aug 12report 4:24pm ETearnings+0.2%+14.3%
0+6%+12%+18%Aug 11Aug 12earnings+0.2%+14.3%
LITE +14.3%S&P 500 +0.2%
0+6%+12%+18%Aug 11Aug 12report 4:24pm ETearnings+0.5%+14.3%
0+6%+12%+18%Aug 11Aug 12earnings+0.5%+14.3%
LITE +14.3%NASDAQ +0.5%
0+7%+14%+21%Aug 10Aug 19report 4:24pm ETearnings−0.2%+2.1%
0+7%+14%+21%Aug 10Aug 19earnings−0.2%+2.1%
LITE +2.1%S&P 500 −0.2%
0+7%+14%+21%Aug 10Aug 19report 4:24pm ETearnings−0.2%+2.1%
0+7%+14%+21%Aug 10Aug 19earnings−0.2%+2.1%
LITE +2.1%NASDAQ −0.2%
+13.63%
Day of report
−5.58%
Next session
−11.25%
One week

Did LITE Beat Earnings? Q4 2026 Results

Lumentum Holdings delivered a blowout fiscal fourth quarter, posting adjusted EPS of $3.23 against the $2.97 consensus, an 8.79% beat, while revenue of $1.01 billion edged past the $987.70 million estimate and more than doubled year-over-year, up 109.3% from $480.70 million. The company's explosive growth was fueled by surging AI-driven demand for optical connectivity solutions, with its Components segment generating $649.40 million, up 102.7% year-over-year, and Systems revenue climbing 122.6% to $356.90 million. Non-GAAP gross margin expanded sharply to 50.4%, up 1,260 basis points from a year ago, reflecting the operating leverage now embedded in the business. Those <a href="https://247wallst.com/investing/2026/08/11/live-will-lumentums-q4-earnings-tonight-extend-its-600-1-year-rally/">powerful results</a> carried directly into guidance, with Lumentum projecting Q1 FY2027 revenue of $1.23 billion to $1.28 billion and non-GAAP EPS of $4.05 to $4.35, a trajectory management said brings the company to its target operating model more than a quarter ahead of schedule.

Key Takeaways
  • AI compute workload growth driving demand for optical links in data centers
  • Broad-based traction across product segments
  • Non-GAAP gross margin expansion to 50.4%, up 1,260bps year-over-year
  • Non-GAAP operating margin expansion to 36.6%, up 2,160bps year-over-year
  • Components revenue grew 102.7% YoY; Systems revenue grew 122.6% YoY

“Lumentum is positioned at the heart of a secular industry shift. As AI compute workloads increase in both speed and bandwidth, data center architects are turning to optical links as a primary means of connectivity. While our Q4 results demonstrate broad-based traction, key growth drivers such as OCS solutions and our cloud module business, where we are advancing 1.6T adoption, are beginning to layer in. Increasing demand for ultra-high-power CPO lasers, an initial order for ELS modules, as well as our breadth of NPO engagements are the first signs that optics are starting to penetrate in-rack connectivity, significantly upping our optical TAM.”

Lumentum CEO, on the earnings call

Forward Guidance & Outlook

For Q1 FY2027, Lumentum expects net revenue of $1.225 billion to $1.275 billion, non-GAAP operating margin of 39.5% to 40.5%, and non-GAAP diluted net income per share of $4.05 to $4.35. Management noted the company is reaching its target model more than a quarter ahead of schedule, driven by accelerating AI demand.

LITE YoY Financials

Q4 2026 vs Q4 2025 · SEC filings Q4 2025 Q4 2026
$0$300.0M$600.0M$900.0M$480.7M$1.0BRevenue$159.9M$477.3MGross Profit$7.9M$279.3MOperating Income
$0$300.0M$600.0M$900.0MRevenueGross ProfitOperating Income

LITE Revenue by Segment

Components$649.4M+102.7%
Cloud & Networking
Systems$356.9M+122.6%
Industrial Tech

Figures from SEC filings and company reports. Not investment advice.