Lumentum Q4 Revenue Jumps 109.3% to $1.01B, Beating EPS Estimates

Lumentum reports Q4 FY26 revenue of $1.01B, up 109.3% YoY, with adjusted EPS of $3.23 beating $2.97 estimates. GAAP loss driven by $7.8B non-cash debt settlement.

Woofun AI reports that Lumentum delivered Q4 fiscal year 2026 revenue of $1.01 billion, representing a 109.3% year-on-year increase. Adjusted earnings per share reached $3.23, surpassing the $2.97 estimate, while adjusted gross margin stood at 50.4%, exceeding the 48.8% expectation.

The company recorded a GAAP net loss of $6.9 billion for the full fiscal year, primarily due to a $7.8 billion one-time non-cash debt settlement loss from convertible bond equityization in Q4. On a non-GAAP basis, net profit was $782.3 million. Cash and short-term investments totaled $2.7 billion, up $1.9 billion from the prior fiscal year end.