earnings
confidence high
sentiment positive
materiality 0.95
Lumentum Q2 FY2026 revenue $665.5M (+65.5% YoY); non-GAAP EPS $1.67, well above guidance
Lumentum Holdings Inc.
2026-Q2 EPS reported
$0.99
revenue$1,199,300,000
- Net revenue of $665.5M, +24.7% QoQ and +65.5% YoY; guided high end of range.
- GAAP diluted EPS $0.89; non-GAAP diluted EPS $1.67, up from $0.42 YoY.
- Non-GAAP gross margin 42.5% (+1020 bps YoY); non-GAAP operating margin 25.2% (+1730 bps YoY).
- OCS backlog exceeds $400M; CPO received multi-hundred-million order for delivery H1 2027.
- Cash and short-term investments $1.155B, up $33.5M from Q1.