Home›Earnings›Results›Lumentum posts 110% Q4 revenue growth and stronger gui…

Lumentum posts 110% Q4 revenue growth and stronger guidance

The company’s fiscal Q4 revenue rose more than 110% to just over $1.0 billion, while adjusted EPS increased about 3.6x year over year.

Reported · Written up by our desk · Results

Lumentum delivered strong fiscal Q4 2026 results, with revenue growing by more than 110% to just over $1.0 billion, supported by growth in both segments, each up at least 100% year over year, according to MarketBeat Ratings. The quarter also showed improving profitability, with adjusted gross and operating margins rising by several hundred basis points sequentially and by triple digit bps year over year.

The earnings leverage was reflected in a sharp improvement in adjusted earnings per share, which climbed by about 3.6x year over year and came in nearly 900 bps better than expected. Alongside the income statement strength, the company reported balance sheet improvements that included $2.7 billion in cash and equivalents, increased total assets, and reduced long term debt and total liabilities.

Lumentum also pointed to capital structure changes that involved issuing new shares to convert debt into equity, which cut both long term debt and total liabilities. While cash fell sequentially in Q4, it was still substantially higher than a year earlier, with equity up by roughly 3x, nearly all attributed to cash.

For Q1 2027, Lumentum issued guidance calling for revenue to rise sequentially by 22% to $1.225 billion, implying an acceleration to about 130% year over year growth. MarketBeat Ratings also noted that the guidance is expected to be cautious while the company anticipates profitability expansion tied to improving adjusted operating margins.

More like this

Sources