Net Profit Margin
since 2015
Calculation
Lumentum Holdings Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Net revenue1 | |
|---|---|---|---|---|---|---|---|
| Jun 28, 2025 | 1.57% | = | 100 | × | 25,900) | ÷ | 1,645,000) |
| Jun 29, 2024 | -40.21% | = | 100 | × | (546,500) | ÷ | 1,359,200) |
| Jul 1, 2023 | -7.45% | = | 100 | × | (131,600) | ÷ | 1,767,000) |
| Jul 2, 2022 | 11.61% | = | 100 | × | 198,900) | ÷ | 1,712,600) |
| Jul 3, 2021 | 22.80% | = | 100 | × | 397,300) | ÷ | 1,742,800) |
| Jun 27, 2020 | 8.07% | = | 100 | × | 135,500) | ÷ | 1,678,600) |
| Jun 29, 2019 | -2.33% | = | 100 | × | (36,400) | ÷ | 1,565,300) |
| Jun 30, 2018 | 19.88% | = | 100 | × | 248,100) | ÷ | 1,247,700) |
| Jul 1, 2017 | -10.23% | = | 100 | × | (102,500) | ÷ | 1,001,600) |
| Jul 2, 2016 | 1.03% | = | 100 | × | 9,300) | ÷ | 903,000) |
| Jun 27, 2015 | -0.41% | = | 100 | × | (3,400) | ÷ | 837,100) |
Based on: 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), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).
1 US$ in thousands
The net profit margin exhibited significant volatility between 2015 and 2025. Initial years showed instability, followed by a period of relative strength, and then a return to substantial fluctuations. A clear pattern of cyclical performance is apparent.
- Initial Period (2015-2017)
- The period began with a net profit margin of -0.41% in 2015, indicating a net loss relative to revenue. This was followed by a positive margin of 1.03% in 2016, suggesting a brief improvement in profitability. However, 2017 saw a dramatic decline to -10.23%, representing a substantial net loss and the lowest margin observed throughout the analyzed timeframe.
- Improvement and Peak (2018-2021)
- A significant turnaround occurred in 2018, with the net profit margin rising sharply to 19.88%. This positive trend continued into 2019, although at a reduced rate, resulting in a margin of -2.33%. Further improvement was observed in 2020, reaching 8.07%, and culminated in a peak margin of 22.80% in 2021. This period demonstrates a strong capacity for profitability.
- Recent Volatility (2022-2025)
- The net profit margin experienced a considerable decrease in 2022, falling to 11.61%. This decline was followed by a substantial loss in 2023, with a margin of -7.45%. The most significant downturn occurred in 2024, with a margin of -40.21%, indicating a substantial net loss. A partial recovery is observed in 2025, with the margin increasing to 1.57%, though remaining relatively low compared to peak performance.
- Overall Trend
- The overall trend reveals a lack of consistent profitability. While periods of strong performance are evident, they are interspersed with significant losses. The recent years, particularly 2024, demonstrate a concerning trend of declining profitability, despite a slight recovery in the final year of the analyzed period. The company’s ability to maintain consistent profitability appears to be challenged by external or internal factors causing substantial fluctuations in net income.
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Comparison to Competitors
Lumentum Holdings Inc., net profit margin, long-term trends, comparison to competitors
| Lumentum Holdings Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Jun 28, 2025 | 1.57% | 26.92% | 38.99% | 17.97% | 4.81% | 4.77% |
| Jun 29, 2024 | -40.21% | 23.97% | 40.73% | 19.18% | 3.63% | 7.69% |
| Jul 1, 2023 | -7.45% | 25.31% | 35.62% | 22.13% | 2.39% | 8.98% |
| Jul 2, 2022 | 11.61% | 25.31% | 30.87% | 22.91% | 5.50% | 5.49% |
| Jul 3, 2021 | 22.80% | 25.88% | 28.52% | 21.26% | 3.45% | 3.14% |
| Jun 27, 2020 | 8.07% | 20.91% | 27.38% | 22.75% | 5.01% | 2.52% |
| Jun 29, 2019 | -2.33% | 21.24% | 35.67% | 22.39% | -2.55% | 2.05% |
| Jun 30, 2018 | 19.88% | 22.41% | 15.25% | 0.22% | — | 1.37% |
| Jul 1, 2017 | -10.23% | 21.09% | 25.71% | 20.02% | — | 2.69% |
| Jul 2, 2016 | 1.03% | 21.19% | 16.31% | 21.81% | — | 3.25% |
| Jun 27, 2015 | -0.41% | 22.85% | 14.46% | 18.27% | — | 5.12% |
Based on: 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), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).
Comparison to Sector (Technology Hardware & Equipment)
Lumentum Holdings Inc., net profit margin, long-term trends, comparison to sector (technology hardware & equipment)
| Lumentum Holdings Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 28, 2025 | 1.57% | 21.86% |
| Jun 29, 2024 | -40.21% | 19.89% |
| Jul 1, 2023 | -7.45% | 20.57% |
| Jul 2, 2022 | 11.61% | 21.31% |
| Jul 3, 2021 | 22.80% | 21.21% |
| Jun 27, 2020 | 8.07% | 17.50% |
| Jun 29, 2019 | -2.33% | 15.96% |
| Jun 30, 2018 | 19.88% | 18.73% |
| Jul 1, 2017 | -10.23% | 20.66% |
| Jul 2, 2016 | 1.03% | 21.06% |
| Jun 27, 2015 | -0.41% | 21.84% |
Based on: 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), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).
Comparison to Industry (Information Technology)
Lumentum Holdings Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Lumentum Holdings Inc. | Information Technology | |
|---|---|---|
| Jun 28, 2025 | 1.57% | 25.74% |
| Jun 29, 2024 | -40.21% | 20.58% |
| Jul 1, 2023 | -7.45% | 20.29% |
| Jul 2, 2022 | 11.61% | 22.34% |
| Jul 3, 2021 | 22.80% | 23.54% |
| Jun 27, 2020 | 8.07% | 19.63% |
| Jun 29, 2019 | -2.33% | 19.81% |
| Jun 30, 2018 | 19.88% | 18.58% |
| Jul 1, 2017 | -10.23% | 17.82% |
| Jul 2, 2016 | 1.03% | 17.77% |
| Jun 27, 2015 | -0.41% | 18.35% |
Based on: 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), 10-K (reporting date: 2020-06-27), 10-K (reporting date: 2019-06-29), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-07-01), 10-K (reporting date: 2016-07-02), 10-K (reporting date: 2015-06-27).