Lumentum Holdings Inc
NASDAQ: LITE · TECHNOLOGY · COMMUNICATION EQUIPMENT
Updated 2026-06-12
Lumentum Holdings Inc (LITE) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $36.10M | $54.90M | $62.80M | $9.30M | $86.60M | $85.00M | $247.50M | $330.10M | $524.30M | $738.70M | $459.30M | $179.80M | $24.70M | $126.30M |
| Capital expenditures | $40.80M | $31.90M | $64.20M | $53.70M | $82.00M | $138.10M | $93.20M | $166.00M | $86.00M | $94.80M | $91.20M | $128.50M | $136.00M | $231.00M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | $14.50M | $16.30M | $18.50M | $18.20M | $24.90M | $32.70M | $46.80M | $60.70M | $73.20M | $92.90M | $103.10M | $148.40M | $128.80M | $177.20M |
| Free cash flow | $-4.70M | $23.00M | $-1.40M | $-44.40M | $4.60M | $-53.10M | $154.30M | $164.10M | $438.30M | $643.90M | $368.10M | $51.30M | $-111.30M | $-104.70M |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | — | — | $500000.00 | $0.00 | $500000.00 | $900000.00 | $700000.00 | $700000.00 | $700000.00 | $200000.00 | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | $-5.40M | $142.60M | $115.80M | $124.40M | $35.50M | $-134.60M | — | $515.90M | $-431.20M | — | — |
Frequently asked questions
What is Lumentum Holdings Inc's revenue?
Lumentum Holdings Inc's trailing twelve-month revenue is $2.49B, and consensus projects about $11.80B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is LITE?
In its most recent fiscal year, LITE ran a gross margin of 27.96%, an operating margin of -10.95%, and a net margin of 1.57%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does LITE generate?
LITE produced $-104.70M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is LITE's balance sheet healthy?
LITE holds $520.70M in cash and equivalents against $2.56B in long-term debt, on $1.13B of shareholder equity. That debt is best read against the cash flow the business throws off each year.