Lumentum revenue rises 58% to $533.8 million in fiscal Q1; Q2 outlook $630M-$670M
Lumentum reported fiscal first-quarter 2026 net revenue of $533.8 million, up 58.4% from a year earlier and 11.0% from the prior quarter, with GAAP net income of $4.2 million, or $0.05 per diluted share, compared with a GAAP net loss of $82.4 million a year earlier. The company guided second-quarter fiscal 2026 net revenue to $630 million to $670 million and non-GAAP diluted earnings per share to $1.30 to $1.50.
Key points
- Net revenue $533.8 million, up 58.4% year over year and 11.0% sequentially from $480.7 million
- GAAP net income $4.2 million, or $0.05 per diluted share, versus a GAAP net loss of $82.4 million in the year-earlier quarter
- Non-GAAP diluted EPS $1.10 versus $0.18 a year earlier; non-GAAP operating margin 18.7%
- Q2 fiscal 2026 outlook: net revenue $630 million to $670 million; non-GAAP operating margin 20.0% to 22.0%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.