LITE Q1 FY2027 earnings: EPS beat by 8.3%, revenue beat by 0.6%
Lumentum Holdings reported Q1 FY2027. EPS came in at $4.57 against a $4.22 consensus, beat by 8.3%. Revenue was $1.3B versus $1.3B expected, beat by 0.6%. Gross margin was 51.0%, up 360 bps from last quarter.
§
The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $4.57 | $4.22 | beat by 8.3% |
| Revenue | $1.3B | $1.3B | beat by 0.6% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $1.3B | +25.5% | +136.5% |
| Gross profit | $644.0M | +34.9% | +254.8% |
| Operating income | $352.9M | +30.6% | +2252.7% |
| Net income | $360.3M | +105.0% | +8478.6% |
| Diluted EPS | $3.54 | +103.7% | +6980.0% |
| Gross margin: 51.0%. |
§
The trend
Revenue is up 136.5% from the same quarter last year. Gross margin sits at 51.0%, a new high for the period charted.
§
How it stacks up
Pro
This section is part of the Pro report for LITE.
Subscribe — $49.99/mo →
§
Go deeper on LITE
The Weekly Semi Engine
The week in semiconductors, in your inbox. Free.
Every Saturday: the tape, the rotation, the prints that mattered, and what the desk is watching next week. No noise.
Get it every Saturday →