The company said net revenue for fiscal 2026 Q1 (quarter ended September 27, 2025) was $533.8 million, with GAAP net income of $4.2 million, or $0.05 per diluted share. Net revenue for the year-earlier period was $336.9 million, and GAAP net loss was $82.4 million.

1. 01

   The company said net revenue for fiscal 2026 Q1 (quarter ended September 27, 2025) was $533.8 million, with GAAP net income of $4.2 million, or $0.05 per diluted share. Net revenue for the year-earlier period was $336.9 million, and GAAP net loss was $82.4 million.

2. 02

   Lumentum reported non-GAAP operating margin of 18.7% for Q1 (GAAP 1.3%) and non-GAAP gross margin of 39.4% (GAAP 34.0%). Non-GAAP diluted earnings per share were $1.10.

3. 03

   The company said Components net revenue for Q1 was $379.2 million, up 18.4% from the prior quarter and 63.9% from a year earlier, while Systems net revenue was $154.6 million, down 3.6% from the prior quarter and up 46.5% from a year earlier.

4. 04

   Lumentum said cash, cash equivalents and short-term investments at the end of Q1 totaled $1,121.8 million, up $244.7 million from the end of the prior quarter. It also outlined net revenue of $630 million to $670 million for the second quarter of fiscal 2026 (Q2) and non-GAAP operating margin of 20.0% to 22.0%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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