Lumentum Holdings Inc. (LITE) Form 8-K — Nov 2, 2026
Lumentum reported fiscal Q1 2027 revenue of $1.26 billion, up 136.5% year over year, with GAAP net income of $360.3 million ($3.54 diluted EPS) and non-GAAP EPS of $4.57. Growth was driven by pump lasers and optical circuit switches, and the company announced a second major NPO/CPO win backed by purchase commitments exceeding $5 billion, with OCS demand visibility expanding toward a multi-billion-dollar annual revenue stream. Guidance is exceptionally strong: Q2 FY2027 revenue of $1.575-$1.625 billion (roughly $350 million sequential growth), non-GAAP operating margin of 45.0%-46.0%, and non-GAAP diluted EPS of $5.90-$6.20.
Key figures
- Eps
- 3.54
- Revenue
- 1262.6
- Guidance
- Q2 FY2027 net revenue $1.575B-$1.625B; non-GAAP operating margin 45.0%-46.0%; non-GAAP diluted EPS $5.90-$6.20
- Net Income
- 360.3
- Total Debt
- 1399.6
- Revenue Yoy
- 136.5%
- Total Assets
- 7274
- Cash Position
- 2000000000
- Adjusted ebitda
- $578.0 million
- Gaap gross margin
- 51.0%
- Revenue components
- $754.2M components / $508.4M systems
- Revenue qoq growth
- 25.5%
- Non gaap net income
- $461.1 million
- Systems revenue yoy
- 228.8%
- Non gaap diluted eps
- $4.57
- Gaap operating margin
- 28.5%
- Non gaap gross margin
- 53.2%
- Sequential growth guided
- ~$350 million
- Non gaap operating margin
- 42.3%
- Second major npo cpo win commitments
- >$5 billion
AI analysis
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