Slide 1: Q4 FY26 Conference Call
Q4 FY26 Conference Call August 11, 2026 © 2026 Lumentum Holdings Inc. | 1
Slide 2: Forward Looking Statements and Financial Presentation
Forward Looking Statements and Financial Presentation This presentation and our earnings call contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These include statements regarding: our revenue, pr
Slide 3: Q4 FY26 Key Points
Q4 FY26 Key Points Revenue & Performance ▪ Cloud and AI business drove Q4 total company revenue up >100% YoY and expanded operating margin >2,150 bps YoY ▪ Q4 revenue landed at the high end of the guided range ▪ 8th consecutive quarter of top-line growth and 3rd consecutive quarter of >20% QoQ growt
Slide 4: Revenue by Product Type
Revenue by Product Type Q4 FY26 Q3 FY26 Q4 FY25 $ in millions Components $649.4 64.5% $533.3 66.0% $320.4 66.7% Systems 356.9 35.5% 275.1 34.0% 160.3 33.3% Total $1,006.3 100.0% $808.4 100.0% $480.7 100.0% © 2026 Lumentum Holdings Inc. | 4
Slide 5: Q4 FY26 Results (Non-GAAP)
Q4 FY26 Results (Non-GAAP) (1) Q4 FY26 Q3 FY26 Q4 FY25 $ in millions, except for EPS Revenue $1,006.3 $808.4 $480.7 Gross Margin 506.9 50.4% 386.9 47.9% 181.6 37.8% Operating Expenses 138.1 13.7% 126.2 15.6% 109.3 22.7% Operating Income 368.8 36.6% 260.7 32.2% 72.3 15.0% Diluted EPS $3.23 $2.37 $0.8
Slide 6: Balance Sheet
Balance Sheet Selected Items Q4 FY26 Q3 FY26 $ in millions Cash and Short-Term Investments $2,738.4 $3,172.3 Working Capital (1) 539.9 596.7 Property, Plant & Equipment, Net 1,159.1 964.3 Total Assets $7,307.5 $7,027.9 Total Liabilities $2,663.6 $4,054.5 Shareholder’s Equity $4,643.9 $2,973.4 (1) Wo
Slide 7: Q1 FY27 Guidance (Non-GAAP)
Q1 FY27 Guidance (Non-GAAP) Guidance is based on our expectations as of today and will not be updated or confirmed Q4 FY26 Q1 FY27 $ in millions, except for EPS Actual Guidance(1) Revenue $1,006.3 $1,225 – $1,275 Operating Margin 36.6% 39.5% – 40.5% Diluted EPS $3.23 $4.05 – $4.35 Diluted Shares – M
Slide 8: Appendix
Appendix © 2026 Lumentum Holdings Inc. | 8
Slide 9: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures © 2026 Lumentum Holdings Inc. | 9
Slide 10: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures © 2026 Lumentum Holdings Inc. | 10
Slide 11: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures © 2026 Lumentum Holdings Inc. | 11
Slide 12: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non-GAAP Financial Measures © 2026 Lumentum Holdings Inc. | 12
Slide 13: Thank you
Thank you © 2026 Lumentum Holdings Inc. | 13