Companies /Technology

Lumentum Holdings Inc

NASDAQ: LITE Communication Equipment
$870.98
▼ $43.78 (−4.79%) today
Markets open · 2:24pm ET

Q3 2025 Earnings

Reported May 6, 2025, 4:26pm ET · SEC source
$0.57
Beat +13.66%
EPS · est. $0.50
$425.2M
Beat +1.68%
Revenue · est. $418.2M
+17.1%
Beating market
LITE vs S&P since report
4 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%−4%0+4%May 6May 7report 4:26pm ETearnings+0.8%−2.5%
−8%−4%0+4%May 6May 7earnings+0.8%−2.5%
LITE −2.5%S&P 500 +0.8%
−8%−4%0+4%May 6May 7report 4:26pm ETearnings+0.7%−2.5%
−8%−4%0+4%May 6May 7earnings+0.7%−2.5%
LITE −2.5%NASDAQ +0.7%
−8%0+8%+16%May 5May 14report 4:26pm ETearnings+5.2%+13.5%
−8%0+8%+16%May 5May 14earnings+5.2%+13.5%
LITE +13.5%S&P 500 +5.2%
−8%0+8%+16%May 5May 14report 4:26pm ETearnings+7.7%+13.5%
−8%0+8%+16%May 5May 14earnings+7.7%+13.5%
LITE +13.5%NASDAQ +7.7%
+2.83%
Day of report
−0.88%
Next session
+18.19%
One week
+23.96%
30 days

S&P 500 over the same 30 days: +6.87%.

Did LITE Beat Earnings? Q3 2025 Results

Lumentum delivered a strong fiscal third quarter, posting non-GAAP earnings of $0.57 per diluted share against a consensus estimate of $0.5015 — a 13.66% beat — while revenue of $425.20 million edged past the $418.18 million consensus and climbed 26.2% year-over-year, underscoring the company's accelerating momentum as AI infrastructure buildouts drive demand for optical components. The primary engine behind the results was Lumentum's Cloud & Networking segment, which generated $365.20 million, or roughly 86% of total revenue, as hyperscale customers ramped spending on data center interconnects and next-generation transceiver technology. Non-GAAP operating margin expanded to 10.8%, up 1,100 basis points from the year-ago quarter, reflecting improving operating leverage even as the company navigated a leadership transition and trade-related headwinds including a $3.20 million bad debt reserve tied to Huawei. New CEO Michael Hurlston, <a href="https://247wallst.com/investing/2026/02/03/live-lumentum-announces-q4-earnings-tonight-after-416-rally/">early in his tenure</a>, guided fiscal Q4 revenue of $440 million to $470 million with non-GAAP EPS of $0.70 to $0.80, signaling continued confidence in AI-driven demand.

Key Takeaways
  • Strong demand from cloud customers
  • Recovering networking market
  • AI data center scaling driving demand for optical components
  • Non-GAAP gross margin expansion to 35.2% from 28.7% year-over-year
  • $34.9 million gain on sale of Shenzhen facility

“In my first 90 days as CEO, it's become clear that Lumentum is uniquely positioned to lead as the convergence of optics and electronics accelerates AI data center scaling. Our innovations—from advanced EMLs to ultra-high-power lasers—are driving transformative power efficiencies across cloud, AI, and long-haul networks, making us an essential partner in this next era of connectivity.”

Lumentum CEO, on the earnings call

Forward Guidance & Outlook

For fiscal Q4 2025, Lumentum expects net revenue in the range of $440 million to $470 million, non-GAAP operating margin of 13.0% to 14.0%, and non-GAAP diluted earnings per share of $0.70 to $0.80. Management believes AI-driven cloud growth will continue to drive financial momentum despite ongoing macroeconomic volatility.

LITE YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$200.0M$400.0M$336.9M$425.2MRevenue$77.9M$122.5MGross Profit$-24,440,843$-37,700,000Operating Income$-30,106,499$-44,100,000Net Income
$0$200.0M$400.0MRevenueGross ProfitOperating IncomeNet Income

LITE Revenue by Segment

Components
Cloud & Networking$365.2M+16.4%
Systems
Industrial Tech$60.0M+13.9%

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