secwatch.observer — SEC 8-K summary
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Issuer:     Lumentum Holdings Inc. (LITE)
CIK:        0001633978
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001628280-26-030530
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumentum reports record Q3 FY26 revenue of $808.4M, up 90% YoY, with GAAP EPS $1.50
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- GAAP net income of $144.2M ($1.50 diluted EPS) vs. net loss of $44.1M ($0.64 loss) in Q3 FY25.
- Non-GAAP diluted EPS of $2.37, up from $0.57 YoY; non-GAAP operating margin 32.2% (vs. 10.8% YoY).
- Components revenue $533.3M (+77% YoY); Systems revenue $275.1M (+121% YoY).
- Cash and short-term investments $3,172M, up $2,017M QoQ due to Series A Convertible Preferred Stock issuance.
- CEO cites operational rigor, pricing discipline, and product mix for margin expansion; expects further gains from co-packaged optics and optical circuit switches.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633978/000162828026030530/0001628280-26-030530-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633978/000162828026030530/lite-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-030530

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer