Lumentum Holdings Inc (LITE)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 25,900 | -439,900 | -522,800 | -561,000 | -546,500 | -354,200 | -266,500 | -199,100 | -131,600 | -36,700 | 28,600 | 117,000 | 198,900 | 185,700 | 385,200 | 411,700 | 397,300 | 371,200 | 189,100 | 155,000 |
| Revenue (ttm) | US$ in thousands | 1,645,000 | 1,472,600 | 1,413,900 | 1,378,500 | 1,359,200 | 1,421,700 | 1,438,600 | 1,577,800 | 1,767,000 | 1,818,300 | 1,830,300 | 1,771,000 | 1,712,600 | 1,682,600 | 1,706,700 | 1,738,800 | 1,742,800 | 1,718,800 | 1,702,100 | 1,681,100 |
| Net profit margin | 1.57% | -29.87% | -36.98% | -40.70% | -40.21% | -24.91% | -18.52% | -12.62% | -7.45% | -2.02% | 1.56% | 6.61% | 11.61% | 11.04% | 22.57% | 23.68% | 22.80% | 21.60% | 11.11% | 9.22% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $25,900K ÷ $1,645,000K
= 1.57%
The net profit margin of Lumentum Holdings Inc. demonstrates a history of significant fluctuations over the analyzed period. In fiscal year 2020, the company exhibited relatively modest profitability, with margins starting at 9.22% by September 30, 2020, and rising to 11.11% by December 31, 2020. This upward trend continued into the first half of 2021, with margins reaching a peak of 23.68% on September 30, 2021, indicating improved profitability amidst favorable market conditions or operational efficiencies.
Subsequently, the margins declined in late 2021 and into early 2022, dropping to 11.04% by March 31, 2022, and remaining relatively stable at approximately 11.61% as of June 30, 2022. However, a sharp decline was evident starting in late 2022, as the net profit margin fell dramatically, reaching 6.61% on September 30, 2022, and decreasing further to 1.56% by December 31, 2022.
Throughout 2023 and into 2024, the margins transitioned into negative territory, with the company incurring net losses. Specifically, the net profit margin was recorded at -2.02% on March 31, 2023, further declining to -7.45% by June 30, 2023, and deepening to -12.62% on September 30, 2023. The negative trend continued, with the margin reaching -18.52% as of December 31, 2023, and declining further to -24.91% by March 31, 2024. The losses widened in the subsequent quarters, with the margins recorded at -40.21% on June 30, 2024, and -40.70% on September 30, 2024.
The negative trajectory persisted into December 2024, with a net profit margin of -36.98%. Despite some recovery efforts, the margin remained in the negative territory in early 2025, at -29.87% by March 31, 2025. Notably, there was a strong rebound indicated by a positive margin of 1.57% on June 30, 2025, suggesting a significant turnaround in profitability during that quarter.
Overall, the net profit margin of Lumentum Holdings Inc. has experienced considerable volatility, transitioning from relatively stable and healthy margins in 2020 and 2021 to substantial losses beginning in late 2022. The recent positive margin in mid-2025 hints at potential improvement in operational performance or market conditions.
Peer comparison
Jun 30, 2025