Lumentum Holdings Inc. (LITE) Earnings Call Transcripts

Lumentum Holdings Inc.'s Latest Earnings Call - September 9, 2026

In the fiscal Q4 2026 earnings call, Lumentum Holdings Inc. reported strong demand across its optical and networking segments, primarily driven by the rapid growth in AI infrastructure. The company achieved revenue of $500 million, exceeding expectations, and announced an EPS guidance of $40 for fiscal 2028, reflecting a significant increase in opportunities from its Optical Communications Solutions (OCS). Management highlighted a persistent supply-demand gap in lasers, indicating continued pricing strength, which could positively influence margins moving forward.

Reported metrics

Guidance from management

Management raised EPS guidance for fiscal 2028 to $40, indicating strong confidence in OCS growth and overall demand dynamics. This guidance reflects a linear increase throughout fiscal 2028 as demand continues to grow.

What management said

Yes, sure. Again, thanks for the setup there. So since our last earnings call, we learned that we have more opportunity in OCS than we previously had understood. That visibility in OCS enables us to be very confident about for the first time, I think, ever, putting out a fiscal year '28 guidance on EPS of $40. So the upside that we're seeing from OCS enables us to get there and that OCS upside is coming from our lar...

I think it does layer in as we move through the fiscal quarters of '28. So this is a $40 EPS in fiscal '28 and it kind of pertains to all of the quarters of fiscal '28. You should probably think of it as layering in linearly and increasing as we move through calendar -- or fiscal '28.

What analysts pressed on

Analysts expressed concerns regarding the timeline for supply ramp-up, particularly for the Greensboro fab, and whether Lumentum can meet the increasing demand without delays. There were also questions about competition in the high-power laser market and potential impacts from Chinese competitors.

Main topics on the call

• Strong Demand for Optical Solutions — Management noted that 'the demand of AI way exceeds that of supply' and expects this trend to continue for the next couple of years. This is driving increased demand for optical solutions, particularly in data centers.
• Supply-Demand Gap in Lasers — Wupen Yuen stated, 'we're still short everywhere' regarding laser supply, indicating that the supply-demand gap is not expected to close in the near term. This persistent gap is expected to maintain healthy pricing.
• Fiscal 2028 EPS Guidance Raised — Lumentum provided guidance for fiscal 2028 EPS of $40, which was earlier than expected. Kathryn Ta mentioned, 'the visibility in OCS enables us to be very confident' about this target.
• Increased Opportunities in OCS — Management highlighted that the upside in OCS is primarily driven by their largest customer, with 'more units that we need to ship to them' due to their market success.

Read the full Lumentum Holdings Inc. transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 83 Lumentum Holdings Inc. earnings call transcripts on record, spanning February 4, 2020 to September 9, 2026. Based on this history, Lumentum Holdings Inc. reports quarterly. The most recent call on file is dated September 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

83

First call

February 4, 2020

Most recent

September 9, 2026

Reporting cadence

quarterly