Lumentum

LITE · Information Technology · Market cap $53.0B

Q3 FY26 Mar 28, 2026 reported May 6, 2026

Revenue$0.8B +90% year over year

Gross profit$0.4B

Operating profit$0.2B

Net profit$0.1B 18% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Mar 28, 2026).
Item	Value	Share of revenue	Year over year
Revenue	0.8	100%	+90%
Components	0.5	62%	+77%
Systems	0.3	38%	+121%
Cost of revenue	−0.5	62%
Gross profit	0.4	44% margin	+15pp
Research & development	−0.1	11%	−7pp
SG&A	−0.1	11%	−15pp
Operating profit	0.2	22% margin	+30pp
Net profit	0.1	18%	+28pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Dec 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.7	100%	+65%
Components	0.4	57%	+68%
Systems	0.2	29%	+60%
Cost of revenue	−0.4	57%
Gross profit	0.2	36% margin	+11pp
Research & development	−0.1	12%	−6pp
SG&A	−0.1	14%	−5pp
Operating profit	0.1	10% margin	+22pp
Net profit	0.1	12%	+27pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Sep 27, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.5	100%	+58%
Components	0.4	80%	+64%
Systems	0.2	40%	+47%
Cost of revenue	−0.4	80%
Gross profit	0.2	34% margin	+11pp
Research & development	−0.1	15%	−7pp
SG&A	−0.1	16%	−7pp
Other	−0	2%	+0pp
Operating profit	0	1% margin	+26pp
Net profit	0	1%	+25pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jun 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.5	100%	+56%
Other Asia-Pacific	0.2	40%
Mexico	0.1	20%
Japan	0.1	20%
Cost of revenue	−0.3	60%
Gross profit	0.2	33% margin	+17pp
Research & development	−0.1	17%	−7pp
SG&A	−0.1	17%	−7pp
Other	−0	1%	+0pp
Operating profit	0	-2% margin	+42pp
Net profit	0.2	44%	+126pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Mar 28, 2026	May 6, 2026	$0.8B	+90%	25%	$0.1B	18%
Q2 FY26	Sep 28 – Dec 27, 2025	Feb 4, 2026	$0.7B	+65%	14%	$0.1B	12%
Q1 FY26	Jun 29 – Sep 27, 2025	Nov 5, 2025	$0.5B	+58%	0%	$0B	1%
Q4 FY25	Mar 30 – Jun 28, 2025	Aug 19, 2025	$0.5B	+56%	0%	$0.2B	44%