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Lumentum Holdings (LITE) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Aug 19, 2025

Lumentum Holdings (LITE) reported revenue of $481M for the fourth quarter fiscal 2025 (Q4 FY25), +56% from a year earlier and +13% from the quarter before. Operating margin was -1.7%, net earnings $213M (44.4% of revenue).

Revenue$481M
Year over year+56%
Quarter over quarter+13%
Operating margin-1.7%
Net earnings$213M

Lumentum Holdings, Q4 FY25: revenue $481M (+56% year over year), operating margin -1.7%, net earnings $213M, operating cash flow $64.0M. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$481M+13%+56%
Operating profit−$8.4M——
Net earnings$213M——
Operating cash flow$64.0M—+80%
Free cash flow$10.1M—-7%

What changed

Revenue was $480.7M in Q4 FY25, up 56% year over year and up 13% from the previous quarter.

Gross margin was 33.3%, up 16.6 points from a year earlier. Operating costs exceeded revenue by $8.4M, an operating margin of -1.7%. Operating expenses fell 9% while revenue rose 56%. The fastest-growing cost line was SG&A (+12%). Net earnings were $213.3M.

Operating cash flow was $64.0M (up 80% year over year), 30% of net earnings. Non-cash charges added back $61.0M of depreciation and amortization and $40.0M of share-based compensation. Working capital and other items used $250.3M. Capital expenditures of $53.9M left free cash flow of $10.1M.

Questions

What was Lumentum Holdings' revenue in the fourth quarter fiscal 2025?

Lumentum Holdings (LITE) reported revenue of $481M for the fourth quarter fiscal 2025 (Q4 FY25), +56% from a year earlier and +13% from the quarter before.

Was Lumentum Holdings profitable in the fourth quarter fiscal 2025?

Operating loss was $8.4M (-1.7% of revenue) and net earnings $213M.

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Source: Lumentum Holdings 10-K on SEC EDGAR.