Lumentum Holdings Inc. (LITE)

Lumentum Holdings Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 28, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021
Revenue	1,645	1,359	1,767	1,713	1,743
Revenue Growth (YoY)	21.03%	-23.08%	3.18%	-1.73%	3.82%
Cost of Revenue	1,103	1,016	1,096	861.1	892.6
Gross Profit	542.1	343.7	671.2	851.5	850.2
Selling, General & Admin	348.2	301.1	319	257.3	241.4
Research & Development	301.2	302.2	307.8	220.7	214.5
Amortization of Goodwill & Intangibles	82.2	83.9	84.4	62.9	61.7
Operating Expenses	731.6	687.2	711.2	540.9	517.6
Operating Income	-189.5	-343.5	-40	310.6	332.6
Interest Expense	-22.2	-33.8	-35.5	-80.2	-66.7
Interest & Investment Income	34.4	61.3	40.8	6.1	5.7
Currency Exchange Gain (Loss)	-4.2	0.8	7	6.1	-4.4
Other Non Operating Income (Expenses)	-	-	1	-0.2	1.5
EBT Excluding Unusual Items	-181.5	-315.2	-26.7	242.4	268.7
Merger & Restructuring Charges	-22.8	-90.5	-67.9	-7.3	199.4
Gain (Loss) on Sale of Assets	34.9	-	-	-	-
Asset Writedown	-	-	-	-	-5
Legal Settlements	-	-	-7.8	-	-
Pretax Income	-172.1	-405.7	-102.4	235.1	463.1
Income Tax Expense	-198	140.8	29.2	36.2	65.8
Net Income	25.9	-546.5	-131.6	198.9	397.3
Net Income to Common	25.9	-546.5	-131.6	198.9	397.3
Net Income Growth	-	-	-	-49.94%	193.21%
Shares Outstanding (Basic)	69	67	68	71	75
Shares Outstanding (Diluted)	70	67	68	74	78
Shares Change (YoY)	3.42%	-1.46%	-7.95%	-5.36%	1.03%
EPS (Basic)	0.38	-8.12	-1.93	2.79	5.27
EPS (Diluted)	0.37	-8.12	-1.93	2.68	5.07
EPS Growth	-	-	-	-47.14%	189.71%
Free Cash Flow	-104.7	-108.3	51.3	368.1	643.9
Free Cash Flow Per Share	-1.50	-1.61	0.75	4.96	8.21
Gross Margin	32.95%	25.29%	37.98%	49.72%	48.78%
Operating Margin	-11.52%	-25.27%	-2.26%	18.14%	19.08%
Profit Margin	1.57%	-40.21%	-7.45%	11.61%	22.80%
Free Cash Flow Margin	-6.37%	-7.97%	2.90%	21.49%	36.95%
EBITDA	64.5	-82.3	194.3	477.7	509.7
EBITDA Margin	3.92%	-6.05%	11.00%	27.89%	29.25%
D&A For EBITDA	254	261.2	234.3	167.1	177.1
EBIT	-189.5	-343.5	-40	310.6	332.6
EBIT Margin	-11.52%	-25.27%	-2.26%	18.14%	19.08%
Effective Tax Rate	-	-	-	15.40%	14.21%

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q