Lumentum Beats Q4 Estimates On Strong AI Data Center Demand

Lumentum Holdings (NASDAQ:LITE) delivered stronger-than-expected fiscal fourth-quarter results, supported by robust demand for its cloud products serving AI data centers.

The company reported adjusted earnings of $0.88 per share, exceeding the consensus estimate of $0.80. Revenue rose to $480.7 million, ahead of expectations for $467.31 million, and up 55.9% year-over-year. Management credited strong execution in fulfilling demand for its AI data center portfolio.

Adjusted gross margin improved to 37.8% from 27.8% a year earlier, while adjusted operating margin climbed to 15.0% compared with a 5.1% loss in the same quarter last year.

For the first quarter of fiscal 2026, Lumentum forecast revenue between $510 million and $540 million, with a midpoint of $525 million indicating sequential growth. The company expects adjusted earnings of $0.95 to $1.10 per share and non-GAAP operating margins between 16.0% and 17.5%.