LITE financial statements

The full income statement, balance sheet, and cash-flow statement for Lumentum Holdings Inc. (LITE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 67.6M2024-06 68.0M2024-09 68.7M2024-12 69.2M2025-03 69.4M2025-06 69.9M2025-09 70.9M2025-12 71.4M2026-03 77.8M+15.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
Revenue	1.65B YoY+21.0%	1.36B YoY-23.1%	1.77B YoY+3.2%	1.71B YoY-1.7%	1.74B YoY+3.8%
Gross profit	460M YoY+82.9%	252M YoY-55.8%	569M YoY-27.8%	789M YoY+0.7%	783M YoY+20.4%
	640M YoY-6.6%	686M YoY+0.1%	685M YoY+41.1%	485M YoY+89.5%	256M YoY-42.6%
Research & development	304M YoY+0.6%	302M YoY-1.8%	308M YoY+39.5%	221M YoY+2.9%	215M YoY+8.0%
Selling, general & administrative	348M YoY+12.1%	311M YoY-10.9%	349M YoY+31.3%	266M YoY+10.1%	241M YoY+2.6%
Restructuring	22.8M YoY-68.6%	72.6M YoY+158.4%	28.1M YoY+2654.5%	-1.10M YoY-114.3%	7.70M YoY-3.8%
Amortization of intangibles	150M YoY-0.6%	151M YoY+17.9%	128M YoY+49.4%	85.5M YoY-0.2%	85.7M YoY+9.0%
Provision for credit losses	3.40M	0.00	0.00	—	—
Operating income	-180M YoY+58.5%	-434M YoY-275.1%	-116M YoY-138.1%	303M YoY-42.4%	527M YoY+158.2%
Interest expense	22.2M YoY-34.3%	33.8M YoY-4.8%	35.5M YoY-55.7%	80.2M YoY+20.2%	66.7M YoY+9.0%
Interest & investment income	—	61.3M YoY+50.2%	40.8M YoY+568.9%	6.10M YoY+7.0%	5.70M YoY-63.9%
Other non-operating income	30.2M YoY-51.4%	62.1M YoY+27.3%	48.8M YoY+306.7%	12.0M YoY+328.6%	2.80M YoY-91.1%
Income tax	-198M YoY-240.6%	141M YoY+382.2%	29.2M YoY-19.3%	36.2M YoY-45.0%	65.8M YoY+69.6%
	25.9M YoY+104.7%	-547M YoY-315.3%	-132M YoY-166.2%	199M YoY-49.9%	397M YoY+193.2%
Net income to common	25.9M YoY+104.7%	-547M YoY-315.3%	-132M YoY-166.2%	199M YoY-49.9%	397M YoY+193.2%
	$0.37 YoY+104.6%	-$8.12 YoY-320.7%	-$1.93 YoY-172.0%	$2.68 YoY-47.1%	$5.07 YoY+189.7%
EPS (basic)	$0.38 YoY+104.7%	-$8.12 YoY-320.7%	-$1.93 YoY-169.2%	$2.79 YoY-47.1%	$5.27 YoY+194.4%
	69.0M YoY+2.5%	67.3M YoY-1.5%	68.3M YoY-4.1%	71.2M YoY-5.6%	75.4M YoY-0.7%
	69.6M YoY+3.4%	67.3M YoY-1.5%	68.3M YoY-8.0%	74.2M YoY-5.4%	78.4M YoY+1.0%
Balance Sheet	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
	1.72B YoY+8.0%	1.59B YoY-42.8%	2.78B YoY-11.5%	3.14B YoY+28.8%	2.44B YoY+18.9%
Cash & equivalents	521M YoY+19.2%	437M YoY-49.2%	859M YoY-33.4%	1.29B YoY+66.6%	774M YoY+159.8%
Short-term investments	356M YoY-20.9%	450M YoY-61.0%	1.15B YoY-8.3%	1.26B YoY+7.4%	1.17B YoY-6.7%
Inventory	470M YoY+18.0%	398M YoY-2.5%	409M YoY+63.4%	250M YoY+27.3%	196M YoY+4.0%
Prepaid expenses	120M YoY+9.2%	110M YoY+0.4%	110M YoY+40.3%	78.1M YoY-4.3%	81.6M YoY+10.6%
	4.22B YoY+7.3%	3.93B YoY-15.1%	4.63B YoY+11.3%	4.16B YoY+17.2%	3.55B YoY+7.9%
Property, plant & equipment	—	—	490M YoY+35.8%	361M	—
Operating lease right-of-use	27.9M YoY-61.7%	72.8M YoY-5.8%	77.3M YoY+5.0%	73.6M YoY+9.2%	67.4M YoY-14.4%
Goodwill	1.06B YoY+0.5%	1.06B YoY+51.9%	695M YoY+88.4%	369M YoY+0.0%	369M YoY+0.0%
Intangible assets	465M YoY-24.7%	618M YoY+34.5%	459M YoY+194.9%	156M YoY-35.4%	241M YoY-23.9%
Deferred tax assets	210M YoY+1865.4%	10.7M YoY-90.8%	116M YoY+330.7%	27.0M YoY-63.0%	72.9M YoY-10.2%
Other non-current assets	10.8M YoY-13.6%	12.5M YoY-25.6%	16.8M YoY-55.0%	37.3M YoY+1030.3%	3.30M YoY-17.5%
	393M YoY+45.9%	269M YoY-57.5%	634M YoY-11.5%	717M YoY+7.8%	665M YoY+134.8%
Accounts payable	225M YoY+78.3%	126M YoY-25.4%	169M YoY+8.1%	157M YoY+34.0%	117M YoY-22.5%
Accrued liabilities	34.6M YoY-34.0%	52.4M YoY+2.3%	51.2M YoY+14.5%	44.7M YoY+35.0%	33.1M YoY+39.7%
Short-term & current debt	10.6M	0.00	—	410M	—
Current lease liability	11.4M YoY-14.9%	13.4M YoY-6.9%	14.4M YoY+28.6%	11.2M YoY-5.1%	11.8M YoY+9.3%
Other current liabilities	53.1M YoY+29.2%	41.1M YoY-14.0%	47.8M YoY+21.3%	39.4M YoY-31.8%	57.8M YoY+30.5%
Finance lease liability (current)	—	—	—	—	0.00 YoY-100.0%
	3.08B YoY+3.7%	2.97B YoY-9.2%	3.28B YoY+43.2%	2.29B YoY+44.9%	1.58B YoY+2.3%
Long-term debt	2.56B YoY+2.4%	2.50B	—	1.47B YoY-4.3%	1.53B YoY-0.4%
Deferred revenue (non-current)	0.00	—	—	—	—
Non-current lease liability	23.6M YoY-45.1%	43.0M YoY-9.9%	47.7M YoY-2.3%	48.8M YoY+2.5%	47.6M YoY-17.4%
Operating lease liability (total)	35.0M YoY-37.9%	56.4M YoY-9.2%	62.1M YoY+3.5%	60.0M YoY+1.0%	59.4M YoY-13.2%
Deferred tax liabilities	7.20M YoY-87.1%	55.7M YoY+1538.2%	3.40M YoY-73.6%	12.9M YoY-64.1%	35.9M YoY-22.8%
Other non-current liabilities	97.8M YoY-5.4%	103M YoY+13.1%	91.4M YoY+113.1%	42.9M YoY+4.9%	40.9M YoY+13.6%
	1.13B YoY+18.5%	957M YoY-29.4%	1.36B YoY-27.7%	1.88B YoY-5.0%	1.97B YoY+12.8%
Preferred stock	0.00	—	—	—	—
Common stock	100K YoY+0.0%	100K YoY+0.0%	100K YoY+0.0%	100K YoY+0.0%	100K YoY+0.0%
Additional paid-in capital	1.99B YoY+8.3%	1.83B YoY+8.4%	1.69B YoY-15.5%	2.00B YoY+14.9%	1.74B YoY+4.0%
Retained earnings	-861M YoY+2.9%	-887M YoY-160.5%	-341M YoY-163.8%	-129M YoY-158.4%	221M YoY+242.0%
Accumulated other comprehensive income	9.00M YoY-3.2%	9.30M YoY+126.8%	4.10M YoY+925.0%	400K YoY-95.1%	8.20M YoY+3.8%
Total liabilities & equity	4.22B YoY+7.3%	3.93B YoY-15.1%	4.63B YoY+11.3%	4.16B YoY+17.2%	3.55B YoY+7.9%
	69.8M YoY+2.8%	67.9M YoY+2.3%	66.4M YoY-2.4%	68.0M YoY-6.8%	73.0M YoY-2.8%
	69.8M YoY+2.8%	67.9M YoY+2.3%	66.4M YoY-2.4%	68.0M YoY-6.8%	73.0M YoY-2.8%
	69.9M YoY+2.8%	68.0M YoY+1.9%	66.7M YoY-2.1%	68.1M YoY-6.3%	72.7M YoY-3.3%
Cash Flow	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
	126M YoY+411.3%	24.7M YoY-86.3%	180M YoY-60.9%	459M YoY-37.8%	739M YoY+40.9%
Depreciation & amortization	254M YoY-2.8%	261M YoY+11.5%	234M YoY+40.2%	167M YoY-5.6%	177M YoY-7.7%
Intangible amortization	150M YoY-0.6%	151M YoY+17.9%	128M YoY+49.4%	85.5M YoY-0.2%	85.7M YoY+9.0%
Share-based compensation	177M YoY+37.6%	129M YoY-13.2%	148M YoY+43.9%	103M YoY+11.0%	92.9M YoY+26.9%
Change in receivables	58.7M YoY+181.2%	-72.3M YoY+13.1%	-83.2M YoY-269.1%	49.2M YoY+343.6%	-20.2M YoY-304.0%
Change in inventory	71.3M YoY+196.6%	-73.8M YoY-190.6%	81.5M YoY+57.3%	51.8M YoY+684.8%	6.60M YoY+120.2%
Change in payables	69.2M YoY+177.1%	-89.7M YoY-21.2%	-74.0M YoY-257.4%	47.0M YoY+238.2%	-34.0M YoY-190.6%
	-84.1M YoY+26.4%	-114M YoY+86.9%	-874M YoY-286.2%	-226M YoY-22730.0%	1.00M YoY+100.1%
Capital expenditure	231M YoY+73.7%	133M YoY+3.5%	129M YoY+40.9%	91.2M YoY+7.5%	84.8M YoY-1.4%
Free cash flow	-105M YoY+3.3%	-108M YoY-311.1%	51.3M YoY-86.1%	368M YoY-43.7%	654M YoY+49.2%
Acquisitions	0.00 YoY-100.0%	701M YoY-18.7%	862M	0.00	0.00
Proceeds from sale of PP&E	—	800K YoY+166.7%	300K YoY-95.3%	6.40M YoY-72.5%	23.3M
	41.8M YoY+112.6%	-333M YoY-226.5%	263M YoY-7.0%	283M YoY+207.4%	-263M YoY-180.1%
Long-term debt issued	76.5M	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00 YoY-100.0%	176M YoY-67.7%	544M YoY+130.5%	236M YoY+18.0%
Dividends paid	0.00	0.00	0.00	0.00	0.00
FX effect on cash	—	—	—	—	0.00
Net change in cash	84.0M YoY+119.9%	-422M YoY+2.1%	-431M YoY-183.6%	516M YoY+8.3%	476M YoY+453.9%
Interest paid	19.1M YoY-3.0%	19.7M YoY+82.4%	10.8M YoY+44.0%	7.50M YoY+17.2%	6.40M YoY-52.2%
Income taxes paid	20.6M YoY-66.3%	61.2M YoY-9.1%	67.3M YoY+18.1%	57.0M YoY+14.0%	50.0M YoY+557.9%
Valuation Ratios	as ofJun 28 ’25	as ofJun 29 ’24	as ofJul 1 ’23	as ofJul 2 ’22	as ofJul 3 ’21
Market cap	6.58B YoY+91.0%	3.44B YoY-11.7%	3.90B YoY-27.4%	5.37B YoY-15.2%	6.34B YoY+11.1%
P/E	—	—	—	28.9× YoY+69.4%	17.1× YoY-65.8%
P/S	4.5× YoY+84.4%	2.4× YoY+13.0%	2.1× YoY-32.8%	3.2× YoY-13.4%	3.7× YoY+10.9%
P/B	7.5× YoY+155.6%	2.9× YoY+15.4%	2.5× YoY-9.8%	2.8× YoY-4.0%	2.9× YoY-11.0%
P/FCF	—	—	31.4× YoY+127.0%	13.8× YoY+41.8%	9.8× YoY-35.2%
	—	—	—	3.5% YoY-41.0%	5.9% YoY+192.3%
	—	—	3.2% YoY-56.0%	7.2% YoY-29.5%	10.3% YoY+54.3%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: LITE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LITE filings on SEC EDGAR → Not investment advice.