Lumentum

LITE Q3 2025 Earnings

Reported May 6, 2025 at 4:26 PM ET · SEC Source

Q3 25 EPS

$0.57

BEAT +13.66%

Est. $0.50

Q3 25 Revenue

$425.2M

BEAT +1.68%

Est. $418.2M

vs S&P Since Q3 25

+1,231.2%

BEATING MARKET

LITE +1,259.7% vs S&P +28.4%

Market Reaction

Did LITE Beat Earnings? Q3 2025 Results

Lumentum delivered a strong fiscal third quarter, posting non-GAAP earnings of $0.57 per diluted share against a consensus estimate of $0.50, a 13.66% beat, while revenue of $425.20 million edged past the $418.18 million consensus and climbed 26.2% y… Read more Lumentum delivered a strong fiscal third quarter, posting non-GAAP earnings of $0.57 per diluted share against a consensus estimate of $0.50, a 13.66% beat, while revenue of $425.20 million edged past the $418.18 million consensus and climbed 26.2% year-over-year, underscoring the company's accelerating momentum as AI infrastructure buildouts drive demand for optical components. The primary engine behind the results was Lumentum's Cloud & Networking segment, which generated $365.20 million, or roughly 86% of total revenue, as hyperscale customers ramped spending on data center interconnects and next-generation transceiver technology. Non-GAAP operating margin expanded to 10.8%, up 1,100 basis points from the year-ago quarter, reflecting improving operating leverage even as the company navigated a leadership transition and trade-related headwinds including a $3.20 million bad debt reserve tied to Huawei. New CEO Michael Hurlston, early in his tenure, guided fiscal Q4 revenue of $440 million to $470 million with non-GAAP EPS of $0.70 to $0.80, signaling continued confidence in AI-driven demand.

Key Takeaways

  • Strong demand from cloud customers
  • Recovering networking market
  • AI data center scaling driving demand for optical components
  • Non-GAAP gross margin expansion to 35.2% from 28.7% year-over-year
  • $34.9 million gain on sale of Shenzhen facility
24/7 Wall St

LITE YoY Financials

Q3 2025 vs Q3 2024, source: SEC Filings

24/7 Wall St

LITE Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q2 26

“In my first 90 days as CEO, it's become clear that Lumentum is uniquely positioned to lead as the convergence of optics and electronics accelerates AI data center scaling. Our innovations—from advanced EMLs to ultra-high-power lasers—are driving transformative power efficiencies across cloud, AI, and long-haul networks, making us an essential partner in this next era of connectivity.”

— Michael Hurlston, Q3 2025 Earnings Press Release