Lumentum Holdings Inc 2026年季度报告

Form10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGEACT OF 1934For the quarterly period ended December27, 2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGEACT OF 1934For the transition period from to (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdiction ofincorporation or organization) 1001 Ridder Park Drive, San Jose, California 95131(Address of principal executive offices including Zip code)(408) 546-5483(Registrant’s telephone number, including area code)Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the Registrant was required to file such reports), and(2)has been subject to such filing requirements for the past 90days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No As of January27, 2026, the Registrant had 71.4million shares of common stock outstanding. TABLE OF CONTENTS PART I - FINANCIAL INFORMATIONItem 1.Financial Statements (Unaudited)Condensed Consolidated Statements of Operations for the Three and Six Months Ended December27, 2025and December28, 2024Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months EndedDecember 27, 2025 andDecember 28, 2024Condensed Consolidated Balance Sheets as ofDecember 27, 2025 and June 28, 2025Condensed Consolidated Statements of Cash Flows for the Six Months Ended December27, 2025 andDecember 28, 2024Condensed Consolidated Statements of Stockholders’ Equity for the Three and Six Months Ended December27, 2025 andDecember 28, 2024Notes to Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 5.Other InformationItem 6.Exhibits SIGNATURES PART I - FINANCIAL INFORMATION LUMENTUM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(in millions)(Unaudited) LUMENTUM HOLDINGS INC.CONDENSED CONSOLIDATED BALANCE SHEETS(in millions, except par value)(Unaudited) LUMENTUM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in millions)(Unaudited) LUMENTUM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in millions)(Unaudited) LUMENTUM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(in millions)(Unaudited) LUMENTUM HOLDINGS INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(in millions)(Unaudited) LUMENTUM HOLDINGS INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) Note 1. Description of Business and Summary of Significant Accounting Policies Description of Business Lumentum Holdings Inc. (“we,” “us,” “our”, “Lumentum” or the “Company”) is a leading provider of optical and photonic productsand is recognized as an industry leader based on revenue and market share. Our products are essential to a range of cloud, artificialintelligence and machine learning (“AI/ML”), telecommunications, consumer, and industrial end-market applications. The Companyoperates in one reportable segment. We disaggregate revenue by type of product, which are Components and Systems, and by geography. A Components product isdefined as one of the individual building blocks that goes into creating a larger solution. It is typically not a complete product on its ownbut rather a specialized element that enables system functionality. This includes semiconductor laser chips, laser sub-assemblies, linesubsystems and wavelength management systems. These are supplied to custome