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Lumentum Holdings vs Powerfleet: LITE and AIOT compared
Lumentum Holdings is the larger company: $1.3B of revenue in its latest quarter (Q1 FY27) against $111M for Powerfleet (Q1 FY27). Lumentum Holdings is growing faster (+136% against +6% a year earlier). Lumentum Holdings is more profitable, with an operating margin of 28.5% against 0.2%.
Where the money goes: LITE and AIOT
Lumentum Holdings (LITE) · Q1 FY27
Lumentum Holdings, Q1 FY27: revenue $1.3B (+136% year over year), operating margin 28.5%, net earnings $360M, operating cash flow $268M. The chart follows the revenue to costs, profit and cash.
Powerfleet (AIOT) · Q1 FY27
Powerfleet, Q1 FY27: revenue $111M (+6% year over year), operating margin 0.2%, net loss $8.3M, operating cash flow $8.4M. The chart follows the revenue to costs, profit and cash.
| Lumentum Holdings (LITE) | Powerfleet (AIOT) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q1 FY27 |
| Revenue | $1.3B | $111M |
| Revenue growth, Y/Y | +136% | +6% |
| Gross margin | 51.0% | — |
| Operating margin | 28.5% | 0.2% |
| Net earnings | $360M | −$8.3M |
| Net margin | 28.5% | -7.5% |
| Operating cash flow | $268M | $8.4M |
| Free cash flow | $37.9M | $3.6M |
| Market value | $54.8B | — |
| Analysts’ mean target | $1100.15 | — |
Where the revenue comes from
Powerfleet
- Services: $94.3M (85%)
- Products: $16.5M (15%)
Questions
Which is bigger, Lumentum Holdings or Powerfleet?
Lumentum Holdings is the larger company: $1.3B of revenue in its latest quarter (Q1 FY27) against $111M for Powerfleet (Q1 FY27).
Is Lumentum Holdings or Powerfleet growing faster?
Lumentum Holdings is growing faster (+136% against +6% a year earlier).
Which is more profitable, Lumentum Holdings or Powerfleet?
Lumentum Holdings is more profitable, with an operating margin of 28.5% against 0.2%.
More: Lumentum Holdings earnings · how Lumentum Holdings makes money · Powerfleet earnings · how Powerfleet makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Aug 10, 2026). Fiscal quarters can end on different dates. Not investment advice.