LITE Q1 2026

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

Lumentum capped a breakout fiscal Q1 2026 with results that landed at the top of its own guidance range, as the optical networking specialist posted revenue of $533.80 million, a 58.4% year-over-year surge, edging past the $526.46 million consensus e… Read more Lumentum capped a breakout fiscal Q1 2026 with results that landed at the top of its own guidance range, as the optical networking specialist posted revenue of $533.80 million, a 58.4% year-over-year surge, edging past the $526.46 million consensus estimate by 1.39%. Non-GAAP EPS of $1.10 cleared the $1.03 analyst consensus by 7.05%, with non-GAAP operating margin expanding a striking 1,570 basis points year-over-year to 18.7%. The primary engine behind that momentum was the Components product line, which generated $379.20 million, 71% of total revenue, rising 63.9% year-over-year as AI-driven demand for cloud transceivers and optical networking infrastructure accelerated sharply. For investors who have been tracking Lumentum's recent rally, the forward guidance adds further weight to the bull case: management projects Q2 FY2026 revenue of $630 million to $670 million, implying more than 20% sequential growth, alongside non-GAAP EPS of $1.30 to $1.50, as optical circuit switches and co-packaged optics remain nascent contributors yet to meaningfully hit the revenue line.