Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Lumentum Holdings Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Mar 28, 2026	Dec 27, 2025	Sep 27, 2025	Jun 28, 2025	Mar 29, 2025	Dec 28, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 30, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Jan 1, 2022	Oct 2, 2021	Jul 3, 2021	Apr 3, 2021	Dec 26, 2020	Sep 26, 2020	Jun 27, 2020	Mar 28, 2020	Dec 28, 2019	Sep 28, 2019
Cash and cash equivalents	2,617,800)	657,700)	772,900)	520,700)	516,400)	479,700)	489,200)	436,700)	425,000)	469,300)	861,600)	859,000)	549,200)	592,100)	605,300)	1,290,200)	1,130,300)	552,000)	611,000)	774,300)	687,700)	321,300)	269,500)	298,000)	688,300)	1,085,000)	539,000)
Short-term investments	554,500)	497,600)	348,900)	356,400)	350,300)	417,000)	426,900)	450,300)	445,900)	754,700)	1,082,700)	1,154,600)	1,118,000)	1,088,300)	1,019,600)	1,258,800)	1,433,800)	1,470,400)	1,273,600)	1,171,700)	1,366,900)	1,379,000)	1,341,200)	1,255,800)	763,100)	230,600)	291,900)
Accounts receivable, net	441,600)	376,800)	307,000)	250,000)	255,700)	226,900)	198,500)	194,700)	229,800)	248,300)	220,000)	246,100)	278,000)	330,500)	340,500)	262,000)	242,200)	239,200)	263,200)	212,800)	224,800)	276,700)	263,600)	233,500)	261,800)	292,000)	292,800)
Inventories	632,800)	570,400)	531,600)	470,100)	422,900)	402,300)	403,300)	398,400)	420,700)	471,700)	428,000)	408,600)	410,200)	366,900)	366,200)	250,100)	224,000)	208,100)	207,000)	196,400)	210,700)	207,100)	212,600)	188,900)	172,700)	179,600)	202,200)
Prepayments and other current assets	149,000)	180,700)	125,200)	120,100)	122,000)	125,500)	118,300)	110,000)	128,600)	118,100)	99,400)	109,600)	108,200)	114,800)	106,800)	78,100)	70,300)	70,400)	68,200)	81,600)	79,700)	82,100)	79,800)	73,800)	77,100)	95,800)	97,300)
Current assets	4,395,700)	2,283,200)	2,085,600)	1,717,300)	1,667,300)	1,651,400)	1,636,200)	1,590,100)	1,650,000)	2,062,100)	2,691,700)	2,777,900)	2,463,600)	2,492,600)	2,438,400)	3,139,200)	3,100,600)	2,540,100)	2,423,000)	2,436,800)	2,569,800)	2,266,200)	2,166,700)	2,050,000)	1,963,000)	1,883,000)	1,423,200)
Property, plant and equipment, net	964,300)	813,500)	794,800)	726,400)	693,300)	663,400)	638,400)	572,500)	578,700)	582,300)	511,600)	489,500)	482,900)	487,700)	478,000)	360,500)	356,400)	359,600)	353,200)	361,100)	378,000)	385,800)	393,400)	393,000)	410,100)	421,000)	436,700)
Operating lease right-of-use assets, net	27,000)	29,600)	30,500)	27,900)	32,200)	32,900)	35,700)	72,800)	76,700)	81,300)	68,800)	77,300)	81,500)	84,900)	89,400)	73,600)	74,300)	75,100)	75,200)	67,400)	70,300)	71,800)	74,700)	78,700)	81,700)	84,700)	88,200)
Goodwill	1,066,300)	1,060,900)	1,060,900)	1,060,900)	1,060,900)	1,060,900)	1,060,900)	1,055,800)	1,055,900)	1,054,600)	695,100)	695,100)	696,200)	698,200)	693,700)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)	368,900)
Other intangible assets, net	362,900)	396,700)	430,700)	465,100)	499,800)	534,900)	573,900)	617,500)	688,500)	730,600)	435,200)	459,200)	498,400)	539,900)	576,000)	155,700)	176,900)	198,300)	219,800)	241,200)	263,200)	285,200)	296,100)	316,800)	338,000)	358,000)	376,600)
Deferred tax asset	197,900)	206,100)	204,600)	210,300)	12,700)	11,000)	12,500)	10,700)	139,200)	130,200)	128,000)	116,300)	116,200)	100,100)	100,500)	27,000)	19,700)	67,200)	72,900)	72,900)	89,900)	84,900)	81,600)	81,200)	102,700)	101,100)	169,600)
Other non-current assets	13,800)	15,300)	6,000)	10,800)	8,800)	11,600)	12,000)	12,500)	15,500)	14,900)	14,600)	16,800)	15,200)	14,700)	11,400)	37,300)	36,700)	6,500)	6,000)	3,300)	5,800)	5,400)	6,000)	4,000)	4,300)	4,500)	4,600)
Non-current assets	2,632,200)	2,522,100)	2,527,500)	2,501,400)	2,307,700)	2,314,700)	2,333,400)	2,341,800)	2,554,500)	2,593,900)	1,853,300)	1,854,200)	1,890,400)	1,925,500)	1,949,000)	1,023,000)	1,032,900)	1,075,600)	1,096,000)	1,114,800)	1,176,100)	1,202,000)	1,220,700)	1,242,600)	1,305,700)	1,338,200)	1,444,600)
Total assets	7,027,900)	4,805,300)	4,613,100)	4,218,700)	3,975,000)	3,966,100)	3,969,600)	3,931,900)	4,204,500)	4,656,000)	4,545,000)	4,632,100)	4,354,000)	4,418,100)	4,387,400)	4,162,200)	4,133,500)	3,615,700)	3,519,000)	3,551,600)	3,745,900)	3,468,200)	3,387,400)	3,292,600)	3,268,700)	3,221,200)	2,867,800)

Total assets exhibit a long-term growth trajectory, expanding from 2.87 billion USD in September 2019 to 7.03 billion USD by March 2026. This growth is characterized by periodic expansions in both current and non-current asset bases, with a particularly sharp increase in total asset value occurring in the final quarter of the analyzed period.

Liquidity and Cash Management: A shift in the composition of liquid assets is evident. Short-term investments peaked at 1.47 billion USD in January 2022 before entering a sustained decline, reaching 554.5 million USD by December 2025. Conversely, cash and cash equivalents have been volatile, with a significant surge to 2.62 billion USD by March 2026, suggesting a substantial increase in immediate liquidity toward the end of the period.
Working Capital Trends: Inventories have shown a consistent upward trend, increasing from 202.2 million USD in September 2019 to 632.8 million USD in March 2026. This indicates a significant expansion in stock levels over time. Accounts receivable remained relatively stable between 200 million and 300 million USD for several years before rising to 441.6 million USD by March 2026, reflecting an increase in outstanding customer payments.
Capital Investment and Infrastructure: Property, plant, and equipment (net) grew steadily from 436.7 million USD in 2019 to 964.3 million USD in March 2026. This consistent growth points to ongoing investment in production capacity and physical infrastructure.
Intangible Assets and Strategic Acquisitions: The growth in goodwill occurs in distinct steps, rising from 368.9 million USD to 693.7 million USD in October 2022, and further increasing to 1.06 billion USD by December 2023, which is indicative of strategic acquisitions. Other intangible assets peaked at 730.6 million USD in December 2023 but subsequently declined to 362.9 million USD by March 2026, likely due to amortization.

The asset structure indicates a transition toward a more capital-intensive operational model, evidenced by the doubling of net PP&E and the tripling of inventory levels. The most recent data shows a dramatic expansion of the balance sheet, primarily driven by a surge in cash equivalents and a rise in current assets, bringing the total asset value to its highest recorded point of 7.03 billion USD.

Lumentum Holdings Inc. (NASDAQ:LITE)

Balance Sheet: Assets
Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Lumentum Holdings Inc. (NASDAQ:LITE)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data