Lumentum Holdings Inc. · NASDAQ:LITE
Lumentum — Q3 2025 Earnings Presentation
9 slides from Lumentum's earnings presentation, May 6, 2025
Slide 1: Q3 FY25 Conference Call
Q3 FY25 Conference Call May 6, 2025
Slide 2: Forward Looking Statements and Financial Presentation
Forward Looking Statements and Financial Presentation This presentation contains 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 belief and expectations with res
Slide 3: Q3 FY25 Key Points
Q3 FY25 Key Points ▪ Revenue & Performance – Q3 revenue and EPS exceeded guidance, driven by strong cloud demand – At OFC, showcased photonics leadership in next-gen, energy-efficient AI data centers and networking – Differentiation rooted in power efficiency, scalability, and advanced materials – C
Slide 4: Q3 FY25 Results (GAAP)
Q3 FY25 Results (GAAP) $ in millions Q3 FY25 Q2 FY25 Q3 FY24 except for EPS, % of revenue Revenue $425.2 $402.2 $366.5 Gross Margin 122.5 28.8% 99.6 24.8% 59.5 16.2% Operating Expenses 160.2 37.7% 151.2 37.6% 174.1 47.5% Operating Loss (37.7) (8.9%) (51.6) (12.8)% (114.6) (31.3)% Diluted EPS $(0.64)
Slide 5: Q3 FY25 Results (Non-GAAP)
Q3 FY25 Results (Non-GAAP) $ in millions Q3 FY25 Q2 FY25 Q3 FY24(1) except for EPS, % of revenue Revenue $425.2 $402.2 $366.5 Gross Margin 149.5 35.2% 130.0 32.3% 105.1 28.7% Operating Expenses 103.4 24.3% 98.3 24.4% 105.8 28.9% Operating Income 46.1 10.8% 31.7 7.9% (0.7) (0.2)% Diluted EPS $0.57 $0
Slide 6: Segment Results
Q3 FY25 Segment Results Q3 FY25 Q2 FY25 Q3 FY24 $ in millions Revenue $425.2 $402.2 $366.5 Cloud & Networking 365.2 339.2 313.8 Industrial Tech 60.0 63.0 52.7 Segment Profit Cloud & Networking 20.0 % 16.2 % 14.6 % Industrial Tech 4.3 % 6.2 % (5.1) % © 2024 Lumentum Operations LLC 6
Slide 7: Balance Sheet
Balance Sheet Selected Items Q3 FY25 Q2 FY25 $ in millions Cash and Short-term Investments $866.7 $896.7 Working Capital (1) 447.6 407.8 Property, Plant & Equipment, net 693.3 663.4 Total Assets 3,975.0 3,966.1 Total Liabilities 3,095.5 3,093.8 Shareholder’s Equity 879.5 872.3 (1) Working capital ex
Slide 8: Q4 FY25 Guidance (Non-GAAP)
Q4 FY25 Guidance (Non-GAAP) Guidance is based on our expectations as of today and will not be updated or confirmed as of any other date Q3 FY25 Q4 FY25 $ in millions Actual Guidance except for EPS, % of revenue Revenue $425.2 $440 - $470 Operating Margin 10.8% 13.0% - 14.0% Diluted EPS $0.57 $0.70 -
Slide 9: Thank You
Thank You ZLUMENTUM