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 27, 2026 | -230.10% | = | 100 | × | (6,935,100) | ÷ | 3,014,000) |
| 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: 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), 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 financial trajectory from 2015 to 2026 is characterized by extreme volatility in net profit margins, indicating a lack of sustained earnings stability despite an overall upward trend in net revenue.
- Profitability Cycles and Volatility
- Net profit margins exhibit a cyclical and unstable pattern, alternating between significant profitability and substantial losses. The entity achieved peak margin performance in 2018 at 19.88% and 2021 at 22.80%. However, these peaks were interspersed with periods of negative margins, most notably in 2017 (-10.23%) and 2019 (-2.33%), suggesting sensitivity to market fluctuations or high operational volatility.
- Revenue Growth vs. Margin Correlation
- A positive correlation between revenue growth and profit margins is not consistently present. While net revenue expanded from approximately 837 million US dollars in 2015 to over 3 billion US dollars by 2026, this growth did not translate into stable bottom-line results. The divergence is most evident in the final recorded period, where the highest revenue level in the series coincided with the most severe net loss.
- Recent Financial Deterioration and Anomalies
- A sharp decline in profitability is observed starting in 2023, with the net profit margin falling to -7.45%, further plummeting to -40.21% in 2024. Although a marginal recovery to 1.57% occurred in 2025, the 2026 period shows an extreme outlier with a net profit margin of -230.10%. This drastic shift, where net losses reached approximately 6.9 billion US dollars against 3 billion US dollars in revenue, suggests the impact of significant non-operating charges, impairments, or extraordinary losses rather than standard operational deficits.
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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 27, 2026 | -230.10% | — | — | 20.95% | 5.23% | 5.71% |
| 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: 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), 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 27, 2026 | -230.10% | — |
| 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: 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), 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 27, 2026 | -230.10% | — |
| Jun 28, 2025 | 1.57% | 25.66% |
| Jun 29, 2024 | -40.21% | 20.48% |
| Jul 1, 2023 | -7.45% | 20.24% |
| Jul 2, 2022 | 11.61% | 22.27% |
| Jul 3, 2021 | 22.80% | 23.48% |
| Jun 27, 2020 | 8.07% | 19.76% |
| Jun 29, 2019 | -2.33% | 19.73% |
| Jun 30, 2018 | 19.88% | 18.59% |
| Jul 1, 2017 | -10.23% | 17.77% |
| Jul 2, 2016 | 1.03% | 17.58% |
| Jun 27, 2015 | -0.41% | 18.32% |
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), 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).