Lumentum (LITE) reported fiscal fourth-quarter net revenue of $1.01 billion for the period ended June 27, 2026, up from $808.4 million in the prior quarter and $480.7 million a year earlier.
The company posted a GAAP net loss of $7.2 billion, or $84.65 per diluted share, driven by a one-time, non-cash loss on debt extinguishment tied to the equitization of certain convertible notes. Lumentum forecast fiscal first-quarter 2027 revenue of $1.225 billion to $1.275 billion.
- Fiscal 2026 net revenue was $3.01 billion, compared with $1.6 billion in fiscal 2025.
- Fiscal 2026 GAAP net loss was $6.9 billion, or $92.96 per diluted share.
- GAAP gross margin was 47.4% in the fiscal fourth quarter.
- GAAP operating margin was 27.8% in the fiscal fourth quarter.
- The company held $2.7 billion in cash, cash equivalents and short-term investments at quarter-end.
$LITE Insider Trading Activity
$LITE insiders have traded $LITE stock on the open market 70 times in the past 6 months. Of those trades, 0 have been purchases and 70 have been sales.
Here’s a breakdown of recent trading of $LITE stock by insiders over the last 6 months:
- VINCENT RETORT (SEE REMARKS) has made 0 purchases and 40 sales selling 51,650 shares for an estimated $31,539,351.
- WAJID ALI (EVP & CHIEF FINANCIAL OFFICER) has made 0 purchases and 14 sales selling 7,789 shares for an estimated $6,036,860.
- ISAAC HOSOJIRO HARRIS has made 0 purchases and 2 sales selling 5,416 shares for an estimated $4,856,114.
- YUEN WUPEN (PRESIDENT, GLOBAL BUS. UNITS) has made 0 purchases and 2 sales selling 6,367 shares for an estimated $4,760,645.
- IAN SMALL sold 4,954 shares for an estimated $4,300,418
- PAMELA FLETCHER has made 0 purchases and 2 sales selling 3,155 shares for an estimated $3,066,936.
- PENNY HERSCHER has made 0 purchases and 8 sales selling 4,000 shares for an estimated $2,389,179.
- JAE KIM (SVP, GENERAL COUNSEL) sold 1,422 shares for an estimated $1,356,516
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$LITE Hedge Fund Activity
We have seen 802 institutional investors add shares of $LITE stock to their portfolio, and 446 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS removed 2,304,472 shares (-63.7%) from their portfolio in Q1 2026, for an estimated $1,619,490,742
- FMR LLC removed 2,145,158 shares (-23.0%) from their portfolio in Q1 2026, for an estimated $1,507,531,236
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 1,449,934 shares (-78.2%) from their portfolio in Q1 2026, for an estimated $1,018,955,617
- BLACKROCK, INC. added 1,342,980 shares (+17.1%) to their portfolio in Q2 2026, for an estimated $1,152,357,418
- SITUATIONAL AWARENESS LP removed 1,298,400 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $912,463,584
- MAREX GROUP PLC added 857,171 shares (+inf%) to their portfolio in Q1 2026, for an estimated $602,385,491
- PRICE T ROWE ASSOCIATES INC /MD/ added 810,297 shares (+162.2%) to their portfolio in Q1 2026, for an estimated $569,444,319
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$LITE Congressional Stock Trading
Members of Congress have traded $LITE stock 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LITE stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 05/22.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 04/14.
- SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
