Lumentum Holdings Inc. 8K

Lumentum reported strong fiscal Q4 and full-year 2026 revenue growth and non-GAAP profitability but a large GAAP loss driven by a $7.8 billion non-cash loss on convertible debt extinguishment, and issued upbeat Q1 FY27 guidance tied to accelerating AI-related demand.

Lumentum Holdings Inc. furnished an earnings release announcing its fiscal fourth quarter and full-year 2026 results, reporting a sharp increase in revenue and margins driven by strong AI- and cloud-related optical demand, while simultaneously recording a large GAAP net loss of $7.2 billion for the quarter and $6.9 billion for the year due to a one‑time, non‑cash $7.8 billion loss on extinguishment of convertible notes associated with their equitization; the company also highlighted robust non‑GAAP profitability, a strengthened cash position, detailed reconciliations of GAAP to non‑GAAP metrics, and issued bullish guidance for the first quarter of fiscal 2027 with expected revenue of $1.225–$1.275 billion and non‑GAAP operating margins near 40%.

Filing Facts

CIK

1633978

Ticker

LITE

Form

8K

Source Type

sec

Accession

0001628280-26-055726

Alert Tier

9