Lumentum Holdings Inc. (LITE)

Lumentum Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 29, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021	Jun 27, 2020
Revenue	1,473	1,359	1,767	1,713	1,743	1,679
Revenue Growth (YoY)	3.58%	-23.08%	3.18%	-1.73%	3.82%	7.24%
Cost of Revenue	1,037	1,016	1,089	861.1	892.6	950.7
Gross Profit	436	343.4	678	851.5	850.2	727.9
Selling, General & Admin	339.3	301.1	327.9	257.3	241.4	235.2
Research & Development	297.6	302.2	294.9	220.7	214.5	198.6
Operating Expenses	721.9	687.2	707.2	540.9	517.6	487.6
Operating Income	-285.9	-343.8	-29.2	310.6	332.6	240.3
Interest Expense	-22.2	-33.8	-35.5	-80.2	-66.7	-61.2
Interest & Investment Income	36.1	61.3	40.8	6.1	5.7	15.8
Currency Exchange Gain (Loss)	2.9	0.8	7	6.1	-4.4	-4.4
Other Non Operating Income (Expenses)	0.1	-	-	-0.2	1.5	5.4
EBT Excluding Unusual Items	-269	-315.5	-16.9	242.4	268.7	195.9
Merger & Restructuring Charges	-54.1	-90.2	-57.4	-7.3	199.4	-30
Gain (Loss) on Sale of Assets	34.9	-	-	-	-	14.6
Asset Writedown	-	-	-8.4	-	-5	-6.2
Legal Settlements	-	-	-7.8	-	-	-
Other Unusual Items	-	-	1	-	-	-
Pretax Income	-288.2	-405.7	-102.4	235.1	463.1	174.3
Income Tax Expense	151.7	140.8	29.2	36.2	65.8	38.8
Net Income	-439.9	-546.5	-131.6	198.9	397.3	135.5
Net Income to Common	-439.9	-546.5	-131.6	198.9	397.3	135.5
Net Income Growth	-	-	-	-49.94%	193.21%	-
Shares Outstanding (Basic)	69	67	68	71	75	76
Shares Outstanding (Diluted)	69	67	68	74	78	78
Shares Change (YoY)	1.74%	-1.46%	-7.95%	-5.36%	1.03%	9.76%
EPS (Basic)	-6.41	-8.12	-1.93	2.79	5.27	1.79
EPS (Diluted)	-6.41	-8.12	-1.93	2.68	5.07	1.75
EPS Growth	-	-	-	-47.14%	189.71%	-
Free Cash Flow	-103.9	-108.3	51.3	368.1	643.9	434.3
Free Cash Flow Per Share	-1.51	-1.61	0.75	4.96	8.21	5.60
Gross Margin	29.61%	25.26%	38.37%	49.72%	48.78%	43.36%
Operating Margin	-19.41%	-25.29%	-1.65%	18.14%	19.08%	14.32%
Profit Margin	-29.87%	-40.21%	-7.45%	11.61%	22.80%	8.07%
Free Cash Flow Margin	-7.06%	-7.97%	2.90%	21.49%	36.95%	25.87%
EBITDA	-22.8	-82.6	211.22	477.7	509.7	432.2
EBITDA Margin	-1.55%	-6.08%	11.95%	27.89%	29.25%	25.75%
D&A For EBITDA	263.1	261.2	240.42	167.1	177.1	191.9
EBIT	-285.9	-343.8	-29.2	310.6	332.6	240.3
EBIT Margin	-19.41%	-25.29%	-1.65%	18.14%	19.08%	14.32%
Effective Tax Rate	-	-	-	15.40%	14.21%	22.26%

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q