Filing Flows › Lumentum Holdings (LITE) › Q1 FY27 › vs Q1 FY26
Lumentum Holdings (LITE) Q1 FY27 vs Q1 FY26 (year over year)
Lumentum Holdings's revenue rose $729M (+137%) from $534M in Q1 FY26 to $1.3B in Q1 FY27. Gross margin 51.0% against 34.0% (+17.0 pts).
Lumentum Holdings, Q1 FY27: revenue $1.3B (+136% year over year), operating margin 28.5%, net earnings $360M, operating cash flow $268M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 51.0% | 34.0% | +17.0 pts |
| Operating margin | 28.5% | 1.3% | +27.2 pts |
| Net margin | 28.5% | 0.8% | +27.7 pts |
| Free cash flow margin | 3.0% | -3.4% | +6.4 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $534M | $729M | +137% |
| Gross profit | $644M | $182M | $462M | +255% |
| Cost of revenue | $619M | $352M | $266M | +76% |
| Other income, net | $10.5M | −$1.5M | $12.0M | — |
| Operating profit | $360M | $6.7M | $353M | 54× |
| Operating expenses | $284M | $175M | $109M | +63% |
| Pre-tax earnings | $370M | $5.2M | $365M | 71× |
| Net earnings | $360M | $4.2M | $356M | 86× |
| Income tax | $10.0M | $1.0M | $9.0M | +900% |
| Depreciation & amortization | $76.4M | $62.2M | $14.2M | +23% |
| Share-based compensation | $132M | $42.4M | $90.1M | +212% |
| Working capital & other | $302M | $50.9M | $251M | +492% |
| Operating cash flow | $268M | $57.9M | $210M | +362% |
| Free cash flow (OCF − capex) | $37.9M | −$18.3M | $56.2M | — |
| Capital expenditures | $230M | $76.2M | $154M | +202% |
Questions
How much did Lumentum Holdings's revenue grow year over year in Q1 FY27?
Lumentum Holdings's revenue rose $729M (+137%) from $534M in Q1 FY26 to $1.3B in Q1 FY27. Gross margin 51.0% against 34.0% (+17.0 pts).