Lumentum Holdings Inc. (LITE) Earnings Call Transcripts
Lumentum Holdings Inc.'s Latest Earnings Call - June 9, 2026
In the fiscal quarter ending June 2026, Lumentum Holdings Inc. reported a significant revenue milestone, projecting to exceed $1 billion for the quarter, doubling its previous highest revenue quarter of $500 million. The company is experiencing robust growth, with management indicating a potential fiscal year 2028 revenue target of $8 billion, driven by strong demand in the photonics sector, particularly in data centers. Management maintained an optimistic outlook, emphasizing the ongoing 'optical super cycle' and the substantial growth opportunities ahead, particularly in optical scale-up and co-packaged optics (CPO).
Reported metrics
| Metric | Value |
|---|---|
| Quarterly Revenue | $1B+ (beat) |
| Fiscal Year 2028 Revenue Guidance | $8B (positive) |
| Current Demand Under Supply | 30%+ shortfall (negative) |
| Gross Margin | 47-48% (positive) |
| DCI Market Size | $1.5B (positive) |
| Optical Compute Switch Market Size | $10B (positive) |
Guidance from management
Management maintained a fiscal year 2028 revenue guidance of $8 billion, indicating strong growth potential driven by ongoing demand in the optical sector. They emphasized that the best growth opportunities are still ahead as new technologies and products are introduced.
What management said
It's no, I didn't see this. I think it's unusual. CEOs, as you likely know, have kind of 2 outcomes in life. They're either fired or they retire. So I was lucky enough to join the company as a CEO, which almost never happens. And I think when the Board showed the forecast to me, I'll derate that by about 50%, I should have multiplied it by about 8%.
Yes. Look, what's interesting about it is from a number of racks, we're probably talking smaller, but from a number of optical lanes, it's actually bigger because they're going all in, right? They're saying, look, in order for us to leapfrog, let's say, NVIDIA, we're going to have to move quickly and have more 1.6T lanes going down the back plane of the rack. And in that context, you're going to have to use a lot m...
What analysts pressed on
Analysts raised concerns regarding the sustainability of high gross margins amid rising input costs and supply chain constraints. There were also questions about the competitive landscape, particularly regarding potential threats from Chinese suppliers in the laser market.
Main topics on the call
- Record Revenue Growth — Lumentum is poised to exceed $1 billion in revenue for the quarter, doubling its previous record of $500 million. CEO Michael Hurlston stated, "We've never seen anything like this in the optics industry," highlighting th...
- Optical Super Cycle — Management emphasized that the current market dynamics represent an 'optical super cycle,' with significant growth drivers yet to fully materialize. Hurlston noted, "The best is yet to come in terms of optical scale up, ...
- CPO and NPO Opportunities — Lumentum is seeing increased interest in co-packaged optics (CPO) and near packaged optics (NPO), with expectations of substantial revenue contributions in the coming years. Hurlston mentioned, "We see a lot more of thes...
- Supply Chain Challenges — Despite strong demand, Lumentum faces supply chain constraints, particularly in substrate materials. Hurlston acknowledged, "We're under shipping demand by more than 30%" and highlighted the need for alternative supplier...
Read the full Lumentum Holdings Inc. transcript (June 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Lumentum Holdings Inc.
Lumentum Holdings Inc. (LITE) is a publicly listed company in the Communications Equipment industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 80 calls on record spanning February 4, 2020 to June 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 80 Lumentum Holdings Inc. earnings call transcripts on record, spanning February 4, 2020 to June 9, 2026. Based on this history, Lumentum Holdings Inc. reports quarterly. The most recent call on file is dated June 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- LITE
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Industry
- Communications Equipment
- Calls on record
- 80
- First call
- February 4, 2020
- Most recent
- June 9, 2026
- Reporting cadence
- quarterly