Lumentum

Last updated
Lumentum Holdings Inc.
Type Public
Predecessor JDSU
Founded2015;11 years ago (2015)
Headquarters San Jose, California, U.S.
Key people
RevenueIncrease2.svg US$1.65 billion (2025)
Increase Negative.svgUS$−180 million (2025)
Increase2.svgUS$25.9 million (2025)
Total assets Increase2.svgUS$4.22 billion (2025)
Total equity Increase2.svgUS$1.13 billion (2025)
Number of employees
10,562 (2025)
Website lumentum.com
Footnotes
[1]

Lumentum Holdings Inc. is an American manufacturer of optical and photonic products. It was created in 2015 as a spinoff from JDSU.

Contents

Background

Lumentum was founded on August 1, 2015 as a spinoff from JDSU, which changed its name to Viavi Solutions. [2]

Lumentum is regarded as a leader in optics and advanced manufacturing. [3] Broadly speaking, they are a communication component manufacturer. [4] Among the end uses for their optical components are networking equipment for telecommunications and commercial lasers deployment for industrial, oversight, and scientific lab use. [5]

Among their products is a class of transceiver described as an optical circuit switch that is part of the artificial intelligence hardware stack. [6] They primarily produce optical and photonic products in two sectors of the economy: Cloud & Networking and Industrial Tech. In the former sector, they provide optical and photonic chips, components, modules, and subsystems. In the latter sector, they produce a broad spectrum of lasers. [7]

History

Following the close of trading on July 31, 2015, JDSU took the name Viavi and moved from the S&P MidCap 400 Index (making way for the addition of Catalent) to the S&P SmallCap 600 Index (replacing Susquehanna Bancshares) and Lumentum was added to the S&P 600 following trading on August 3, 2015 (replacing Comstock Resources). [8] Lumentum shares began trading on the NASDAQ stock market under the ticker symbol LITE on August 4. [9] On April 4, 2018, Lumentum was moved to the S&P Midcap index (replacing MSCI and making way for C&J Energy Services). [10] On March 6, 2026, S&P Global announced that it was promoting Lumentum from the S&P MidCap 400 to the S&P 500 effective on the open of trading on March 23. [11] [12] On May 11, Nasdaq announced that Lumentum would replace CoStar Group (CSGP) in the Nasdaq-100 Index before the opening bell on May 18, 2026. [13]

On March 2, Nvidia made two $2 billion strategic investments in photonics technologies companies: one in Lumentum and one in Coherent Corp.. [14]

In October 2026, reports indicated Marvell Technology was in advanced talks to buy Lumentum in an all-stock deal. [15]

Finances

Financial Results
Fiscal Year*Net RevenueOperating ProfitNet Income
2026$3.01B$524mm-$6.9B
2025$1.64B-$180mm-$172mm
2024$1.36B$26mm-$547mm
2023$1.77B-$116mm-$132mm
2022$1.71B$303mm$199mm
2021$1.74B$527mm$397mm

* Fiscal Year ends in June

Notes

  1. ↑ "FY 2025 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. August 19, 2025.
  2. ↑ "Viavi Solutions, Lumentum begin life as JDSU is no more". lightwaveonline.com. 2013-08-03. Retrieved March 2, 2026.
  3. ↑ "NVIDIA Announces Strategic Partnership With Lumentum to Develop State-of-the-Art Optics Technology". NVIDIA. March 2, 2026. Retrieved March 3, 2026.
  4. ↑ "Here's Why Lumentum Stock Is a Promising Portfolio Pick Right Now". NASDAQ. November 11, 2025. Retrieved March 3, 2026.
  5. ↑ "Morningstar: Lumentum Holdings Inc LITE". Morningstar, Inc. Retrieved March 3, 2026.
  6. ↑ Krause, Reinhardt (March 2, 2026). "Lumentum, Coherent Surge On Nvidia's Optical Networking Investments". Investor's Business Daily . Retrieved March 3, 2026.
  7. ↑ "Fidelity: Lumentum Holdings". Fidelity Investments . Retrieved March 3, 2026.
  8. ↑ "Signet Jewelers Set to Join the S&P 500; PAREXEL International, Catalent to Join the S&P MidCap 400; Others to Join S&P SmallCap 600". PR Newswire. July 24, 2015. Retrieved March 2, 2026.
  9. ↑ "Lumentum Debuts as an Independent Publicly-Traded Company Following Completion of Its Spinoff From JDSU". GlobeNewswire. August 3, 2015. Retrieved March 2, 2026.
  10. ↑ "MSCI Set to Join S&P 500; Lumentum Holdings to Join S&P MidCap 400; C&J Energy Services to Join S&P SmallCap 600". S&P Global. PR Newswire. March 28, 2018. Retrieved March 2, 2026.
  11. ↑ "Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600" (PDF). S&P Global. March 6, 2026. Retrieved March 11, 2026.
  12. ↑ "Lumentum to Join the S&P 500 Index". Morningstar, Inc. March 10, 2026. Retrieved March 11, 2026.
  13. ↑ Enos, Mwangi (May 12, 2026). "Lumentum AI pivot triggers massive Nasdaq 100 shakeup". TheStreet . Retrieved May 22, 2026.
  14. ↑ "Nvidia to invest $4 billion into photonics companies Coherent and Lumentum". CNBC. March 2, 2026. Retrieved March 19, 2026.
  15. ↑ Gould, Ryan (29 October 2026). "Marvell Is Close to Megadeal for Laser Maker Lumentum in AI Push". Bloomberg. Retrieved 29 October 2026.
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