Name: Lumentum Holdings Inc. (NASDAQ:LITE) | Statement of Comprehensive Income
Creator: Stock Analysis on Net

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Download chart

Lumentum Holdings Inc., consolidated statement of comprehensive income

US$ in thousands

12 months ended:	Jun 27, 2026	Jun 28, 2025	Jun 29, 2024	Jul 1, 2023	Jul 2, 2022	Jul 3, 2021
Net income (loss)	(6,935,100)	25,900)	(546,500)	(131,600)	198,900)	397,300)
Net change in cumulative translation adjustment	(300)	100)	(600)	700)	—)	—)
Net change in unrealized gain on available-for-sale securities	(1,700)	1,900)	4,700)	4,400)	(10,200)	(2,500)
Net change in defined benefit obligations	3,000)	(2,300)	1,100)	(1,400)	2,400)	2,800)
Other comprehensive income (loss), net of tax	1,000)	(300)	5,200)	3,700)	(7,800)	300)
Comprehensive income (loss), net of tax	(6,934,100)	25,600)	(541,300)	(127,900)	191,100)	397,600)

Based on: 10-K (reporting date: 2026-06-27), 10-K (reporting date: 2025-06-28), 10-K (reporting date: 2024-06-29), 10-K (reporting date: 2023-07-01), 10-K (reporting date: 2022-07-02), 10-K (reporting date: 2021-07-03).

The comprehensive income trajectory demonstrates extreme volatility, characterized by a transition from initial profitability to severe financial deficits. The overall trend indicates a significant deterioration in financial performance, culminating in an unprecedented loss in the final reporting period.

Net Income Trends: Net income peaked in 2021 at 397.3 million USD, followed by a decline to 198.9 million USD in 2022. The company transitioned to a loss position in 2023, with the deficit widening to 546.5 million USD by 2024. While a marginal return to profitability was recorded in 2025 with a net income of 25.9 million USD, this was followed by a substantial loss of 6.935 billion USD in 2026.
Analysis of Other Comprehensive Income (OCI): OCI components exhibit low materiality relative to net income. Unrealized gains on available-for-sale securities showed the most variance, moving from a loss of 10.2 million USD in 2022 to a gain of 4.7 million USD in 2024. Translation adjustments and defined benefit obligations remained relatively stable, contributing minimally to the overall comprehensive result.
Comprehensive Income Trajectory: Comprehensive income closely mirrors the movement of net income, indicating that core operational results are the primary drivers of total comprehensive performance. The shift from a comprehensive income of 397.6 million USD in 2021 to a comprehensive loss of 6.934 billion USD in 2026 represents a severe downward trend in total equity impact.

AI Ask an analyst for more

My previous chats

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.

How can I help you?