Filing Flows › Lumentum Holdings (LITE) › Q1 FY27 › vs Q4 FY26
Lumentum Holdings (LITE) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Lumentum Holdings's revenue rose $256M (+25%) from $1.0B in Q4 FY26 to $1.3B in Q1 FY27. Gross margin 51.0% against 47.4% (+3.6 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 51.0% | 47.4% | +3.6 pts |
| Operating margin | 28.5% | 27.8% | +0.7 pts |
| Net margin | 28.5% | -711.7% | +740.2 pts |
| Free cash flow margin | 3.0% | 19.5% | -16.5 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.0B | $256M | +25% |
| Gross profit | $644M | $477M | $167M | +35% |
| Cost of revenue | $619M | $529M | $89.6M | +17% |
| Other income, net | $10.5M | −$7.7B | $7.7B | — |
| Operating profit | $360M | $279M | $80.5M | +29% |
| Operating expenses | $284M | $198M | $86.2M | +44% |
| Pre-tax earnings | $370M | −$7.5B | $7.8B | — |
| Net earnings | $360M | −$7.2B | $7.5B | — |
| Income tax | $10.0M | −$297M | $307M | — |
| Depreciation & amortization | $76.4M | $71.1M | $5.3M | +7% |
| Share-based compensation | $132M | $40.8M | $91.7M | +225% |
| Working capital & other | $302M | −$7.4B | $7.7B | — |
| Operating cash flow | $268M | $363M | −$95.3M | -26% |
| Free cash flow (OCF − capex) | $37.9M | $196M | −$158M | -81% |
| Capital expenditures | $230M | $167M | $63.0M | +38% |
Questions
How much did Lumentum Holdings's revenue grow quarter over quarter in Q1 FY27?
Lumentum Holdings's revenue rose $256M (+25%) from $1.0B in Q4 FY26 to $1.3B in Q1 FY27. Gross margin 51.0% against 47.4% (+3.6 pts).