$LITE Q3โ26 EARNINGS HIGHLIGHTS
๐น Revenue: $808M (Est. $809M) ๐ก; +90% YoY
๐น EPS: $2.37 (Est. $2.27) ๐ข; +316% YoY
๐น Gross Margin: 47.9% (Est. 45.2%) ๐ข
๐น Operating Margin: 32.2%
๐น Cash, Cash Equivalents & Short-Term Investments: $3,172.3M
Q4 FY26 Guide:
๐น Revenue: $960M (Est. $935M) ๐ข; +100% YoY
๐น EPS: $2.85-$3.05 (Est. $2.74) ๐ข; +1% to +8% YoY
๐น Operating Margin: 35.0%-36.0%
Other Metrics:
๐น Series A Convertible Preferred Stock Issuance: Contributed approximately $2.0B to cash in March 2026
๐น Acquisition: Business acquired in March 2026, details not disclosed
๐น Restructuring Charges: $1.1M in Q3 FY2026 related to reduction in force
๐น Cloud Light Escrow Settlement: $27.5M completed during nine months ended March 28, 2026
Commentary:
๐ธ โLumentum delivered an exceptional third quarter, with revenue growing 90% year over year to a record $808 million.โ
๐ธ โWhile our top line growth continues to garner headlines, the more impressive part of our recent performance has been our margin expansion.โ
๐ธ โIn fiscal Q3, gross margin improved by 540 basis points on quarter and operating margin by 700 basis points.โ
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