Lumentum Holdings Inc. reported fourth quarter and full fiscal year 2026 results ending June 27, 2026. Fiscal Q4 net revenue rose 109.3% year-over-year to $1.01 billion, while full-year revenue increased 83.2% to $3.01 billion. GAAP net loss for the quarter was $7.2 billion ($84.65 per diluted share), driven by a $7.8 billion non-cash loss on debt extinguishment from convertible note equitization. Non-GAAP net income for Q4 was $326.3 million ($3.23 per diluted share). The company holds $2.7 billion in cash and short-term investments. Lumentum provided first quarter fiscal 2027 revenue guidance of $1.225 billion to $1.275 billion with a Non-GAAP operating margin target of 39.5% to 40.5%. The company operates in the optical and photonic technologies industry, providing lasers, modules, and subsystems for AI data centers, cloud computing, and telecommunications.

Lumentum Holdings Inc. announced that Vincent Retort, Executive Vice President of Global Reliability & Quality, plans to retire effective October 2026. Mr. Retort will provide consulting services for a two-year term following his retirement, during which his outstanding equity awards will continue to vest according to existing schedules contingent on his continued service. Lumentum Holdings Inc. operates in the semiconductor and photonics industry, designing and manufacturing optical components and subsystems.