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Stocks/Information Technology/Communications Equipment

LumentumLITE

Communications Equipment · San Jose, California · In the S&P 500
Solid businessPricier than peers
$840.70−8.57%After hours: $845.00 (+0.51%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 292.3% over 1 year
Lumentum over 1 yearDaily close, $, to 30 Oct 2026
$500$1,000Nov2026MarMayJulSep$840.70$500$1,000NovMarJul$840.70
Source: Nasdaq daily closes
Market value$76.15B
Price to earnings–
Forward P/E38.6x
Dividend yield–
Year to date+128.1%
One year+292.3%
Next earningsThu 5 Nov, after the close
SectorInformation Technology
52-week range (closes)
$188.36$1,133.40

Quality and valuation

How Lumentum compares with other information technology stocks. A description, not a recommendation.

Lumentum and 5 communications equipment peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

Lumentum trades at 38.6 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +83.2% vs +20.6%
  • Keeps less of each sale (gross margin): 41.7% vs 61.5%
  • More profitable (operating margin): 17.4% vs 17.0%
  • Turns less of its sales into cash: 10.0% vs 21.7%
LITE trades at 38.6x forward earnings, above the sector medianForward p/e, Communications Equipment peers
FFIV19.6xCSCO20.4xMSI27.1xCIEN30.8xANET36.4xLITE38.6xSector median 22.2xFFIV19.6xCSCO20.4xMSI27.1xCIEN30.8xANET36.4xLITE38.6xSector median 22.2x
Source: CNBC quotes; Mostly Markets

Financials

From Lumentum's SEC filings, through the quarter ending 27 Jun 2026. Hover or tap a bar for its value.

Revenue grew 109.3% from a year earlierQuarterly revenue, $bn, latest Q4 ’26
$0.0bn$0.5bn$1.0bnQ1 ’25Q3 ’25Q1 ’26$1.0bnQ4 ’26$0.0bn$0.5bn$1.0bnQ1 ’25Q3 ’25Q1 ’26$1.0bnQ4 ’26
Source: SEC filings
Growth sped up to +109.3% last quarterRevenue growth, year on year, %
0%50%100%Q1 ’25Q3 ’25Q1 ’26109.3%Q4 ’260%50%100%Q1 ’25Q3 ’25Q1 ’26109.3%Q4 ’26
Source: SEC filings
Operating margin was 27.8% last quarterOperating income as a share of revenue, %
−20%0%20%Q1 ’25Q3 ’25Q1 ’2627.8%Q4 ’26−20%0%20%Q1 ’25Q3 ’25Q1 ’2627.8%Q4 ’26
Source: SEC filings
Free cash flow was $300 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$100mQ1 ’25Q3 ’25Q1 ’26$196mQ4 ’26$0m$100mQ1 ’25Q3 ’25Q1 ’26$196mQ4 ’26
Source: SEC filings
Last 12 monthsLITESector median
Revenue growth+83.2%+20.6%
Gross margin41.7%61.5%
Operating margin17.4%17.0%
Free cash flow margin10.0%21.7%

Stories on Lumentum

Tuesday, 27 October
Big movers

Stocks Making Big Moves Yesterday: Nu Holdings, Fair Isaac, Lumentum, MercadoLibre and DoorDash

Nu Holdings plunged 17.0% and MercadoLibre slid 7.8% after Brazil's election, Fair Isaac plunged 13.2% on a downgrade, and Lumentum soared 8.2%: Monday's four biggest moves among the stocks we cover.

NU▼ 1.5%
Screens of market charts

Similar companies

Communications Equipment, by market value.

CompanyPriceTodayYTDValue
CSCOCisco$104.51−3.76%+35.7%$412B
ANETArista Networks$168.86−8.34%+28.9%$213B
MSIMotorola Solutions$491.53−0.11%+28.2%$81.34B
CIENCiena$320.72−8.22%+37.1%$45.48B
FFIVF5$338.34−6.91%+32.5%$19.22B