Lumentum Holdings Inc. (LITE) Balance Sheet
LITE balance sheet, FY2026
June 30, 2026 · U.S. dollars$7.31B assets = $2.66B liabilities + $4.64B equity
Both columns are drawn to the same scale: what LITE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LITE financial health
Current ratio1.68
Comfortable · current assets cover current liabilities 1.68×
Debt / equity0.36
Low leverage · $0.36 of debt for each $1 of equity
Equity / assets63.5%
Equity-funded · of assets funded by shareholders
Cash / debt163.9%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles19.1%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
LITE balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.23BFY2017 | $7.31BFY2026 | +21.9%/yr | |
| Total liabilities | $578.3MFY2017 | $2.66BFY2026 | +18.5%/yr | |
| Shareholders’ equity | $654.6MFY2017 | $4.64BFY2026 | +24.3%/yr | |
| Cash & short-term investments | $555.3MFY2017 | $2.74BFY2026 | +19.4%/yr | |
| Total debt | $358.1MFY2017 | $1.67BFY2026 | +18.7%/yr | |
| Net cash (debt) | $197.2MFY2017 | $1.07BFY2026 | +$870.0M | |
| Working capital | $746.1MFY2017 | $1.68BFY2026 | +$935.3M | |
| Book value per share | $10.80FY2017 | $62.25FY2026 | +21.5%/yr | |
| Current ratio | 5.05FY2017 | 1.68FY2026 | −3.37 | |
| Debt / equity | 0.55FY2017 | 0.36FY2026 | −0.19 | |
| Shares outstanding | 60.6MFY2017 | 74.6MFY2026 | +2.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LITE assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
LITE liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
LITE debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LITE balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $2.74B | $877.1M | $887.0M | $2.01B | $2.55B | $1.95B | $1.55B | $768.5M | $711.5M | $555.3M |
| Cash & equivalents | $2.04B | $520.7M | $436.7M | $859.0M | $1.29B | $774.3M | $298.0M | $432.6M | $397.3M | $272.9M |
| Short-term investments | $694.9M | $356.4M | $450.3M | $1.15B | $1.26B | $1.17B | $1.26B | $335.9M | $314.2M | $282.4M |
| Receivables | $520.3M | $250.0M | $194.7M | $246.1M | $262.0M | $212.8M | $233.5M | $238.0M | $197.1M | $166.3M |
| Inventory | $691.6M | $470.1M | $398.4M | $408.6M | $250.1M | $196.4M | $188.9M | $228.8M | $153.6M | $145.2M |
| Other current assets | $211.6M | $120.1M | $110.0M | $109.6M | $78.1M | $81.6M | $73.8M | $97.5M | $65.0M | $63.5M |
| Total current assets | $4.16B | $1.72B | $1.59B | $2.78B | $3.14B | $2.44B | $2.05B | $1.33B | $1.13B | $930.3M |
| Property, plant & equipment (net) | $1.19B | $754.3M | $645.3M | $566.8M | $434.1M | $428.5M | $471.7M | $433.3M | $306.9M | $273.5M |
| Goodwill & intangible assets | $1.40B | $1.53B | $1.67B | $1.15B | $524.6M | $610.1M | $685.7M | $764.3M | $18.3M | $21.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $561.1M | $221.1M | $23.2M | $133.1M | $64.3M | $76.2M | $85.2M | $186.2M | $129.1M | $7.6M |
| Total assets | $7.31B | $4.22B | $3.93B | $4.63B | $4.16B | $3.55B | $3.29B | $2.72B | $1.58B | $1.23B |
| Liabilities | ||||||||||
| Accounts payable | $567.4M | $225.2M | $126.3M | $169.4M | $156.7M | $116.9M | $150.8M | $160.8M | $126.5M | $114.8M |
| Short-term debt | $1.61B | $22.0M | $13.4M | $326.0M | $421.1M | $402.5M | $11.4M | $5.4M | $7.3M | $40.6M |
| Deferred revenue | — | $700,000 | $600,000 | $2.1M | — | $600,000 | $1.9M | $2.9M | $2.8M | $6.9M |
| Total current liabilities | $2.48B | $392.8M | $269.3M | $633.8M | $716.5M | $664.6M | $283.0M | $294.0M | $214.0M | $184.2M |
| Long-term debt | $40.5M | $2.56B | $2.50B | $2.50B | $1.47B | $789.8M | $1.12B | $835.9M | $334.6M | $317.5M |
| Lease obligations | $33.8M | $35.0M | $56.4M | $62.1M | $60.0M | $59.4M | $69.0M | $400,000 | $7.7M | — |
| Other long-term liabilities | $142.6M | $128.6M | $202.1M | $142.5M | $104.6M | $124.4M | $140.1M | $89.6M | $71.0M | $76.6M |
| Total liabilities | $2.66B | $3.08B | $2.97B | $3.28B | $2.29B | $1.58B | $1.54B | $1.22B | $619.6M | $578.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 |
| Retained earnings (deficit) | −$7.80B | −$861.2M | −$887.1M | −$340.6M | −$129.1M | $220.9M | $64.6M | $129.1M | $166.4M | −$83.2M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $10.0M | $9.0M | $9.3M | $4.1M | $400,000 | $8.2M | $7.9M | $7.1M | $6.4M | $7.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $4.64B | $1.13B | $957.3M | $1.36B | $1.88B | $1.97B | $1.75B | $1.50B | $961.9M | $654.6M |
| Key figures | ||||||||||
| Total debt | $1.67B | $2.61B | $2.56B | $2.87B | $1.94B | $1.24B | $1.19B | $841.3M | $341.9M | $358.1M |
| Net cash (debt) | $1.07B | −$1.73B | −$1.67B | −$860.1M | $613.0M | $706.1M | $364.5M | −$72.8M | $369.6M | $197.2M |
| Working capital | $1.68B | $1.32B | $1.32B | $2.14B | $2.42B | $1.77B | $1.77B | $1.04B | $913.2M | $746.1M |
| Tangible book value | $3.25B | −$391.3M | −$716.0M | $201.5M | $1.35B | $1.36B | $1.06B | $732.8M | $943.6M | $633.1M |
| Book value per share | $62.25 | $16.30 | $14.22 | $19.85 | $25.27 | $26.59 | $22.54 | $21.18 | $15.20 | $10.80 |
| Shares outstanding | 74.6M | 69.6M | 67.3M | 68.3M | 74.2M | 74.2M | 77.6M | 70.7M | 63.3M | 60.6M |
| Current ratio | 1.68 | 4.37 | 5.90 | 4.38 | 4.38 | 3.67 | 7.24 | 4.53 | 5.27 | 5.05 |
| Quick ratio | 1.31 | 2.87 | 4.02 | 3.57 | 3.92 | 3.25 | 6.32 | 3.42 | 4.25 | 3.92 |
| Debt / equity | 0.36 | 2.30 | 2.67 | 2.12 | 1.03 | 0.63 | 0.68 | 0.56 | 0.36 | 0.55 |
| Equity / assets | 63.5% | 26.9% | 24.3% | 29.3% | 45.0% | 55.5% | 53.1% | 55.1% | 60.8% | 53.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.74B | $3.17B | $1.16B | $1.12B | $877.1M | $866.7M | $896.7M | $916.1M | $887.0M | $870.9M | $1.22B | $1.94B |
| Cash & equivalents | $2.04B | $2.62B | $657.7M | $772.9M | $520.7M | $516.4M | $479.7M | $489.2M | $436.7M | $425.0M | $469.3M | $861.6M |
| Short-term investments | $694.9M | $554.5M | $497.6M | $348.9M | $356.4M | $350.3M | $417.0M | $426.9M | $450.3M | $445.9M | $754.7M | $1.08B |
| Receivables | $520.3M | $452.5M | $376.8M | $307.0M | $250.0M | $255.7M | $226.9M | $198.5M | $194.7M | $229.8M | $248.3M | $220.0M |
| Inventory | $691.6M | $632.8M | $570.4M | $531.6M | $470.1M | $422.9M | $402.3M | $403.3M | $398.4M | $420.7M | $471.7M | $428.0M |
| Other current assets | $211.6M | $138.1M | $180.7M | $125.2M | $120.1M | $122.0M | $125.5M | $118.3M | $110.0M | $128.6M | $118.1M | $99.4M |
| Total current assets | $4.16B | $4.40B | $2.28B | $2.09B | $1.72B | $1.67B | $1.65B | $1.64B | $1.59B | $1.65B | $2.06B | $2.69B |
| Property, plant & equipment (net) | $1.19B | $991.3M | $843.1M | $825.3M | $754.3M | $725.5M | $696.3M | $674.1M | $645.3M | $655.4M | $663.6M | $580.4M |
| Goodwill & intangible assets | $1.40B | $1.43B | $1.46B | $1.49B | $1.53B | $1.56B | $1.60B | $1.63B | $1.67B | $1.74B | $1.79B | $1.13B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $561.1M | $211.7M | $221.4M | $210.6M | $221.1M | $21.5M | $22.6M | $24.5M | $23.2M | $154.7M | $145.1M | $142.6M |
| Total assets | $7.31B | $7.03B | $4.81B | $4.61B | $4.22B | $3.98B | $3.97B | $3.97B | $3.93B | $4.20B | $4.66B | $4.54B |
| Liabilities | ||||||||||||
| Accounts payable | $567.4M | $392.7M | $347.4M | $278.6M | $225.2M | $195.2M | $184.7M | $163.1M | $126.3M | $133.4M | $163.0M | $134.6M |
| Short-term debt | $1.61B | $3.25B | $3.25B | $1.10B | $22.0M | $21.6M | $21.0M | $22.7M | $13.4M | $13.8M | $334.2M | $327.5M |
| Deferred revenue | — | $7.3M | $2.1M | $2.7M | $700,000 | $700,000 | $700,000 | $600,000 | $600,000 | $800,000 | $900,000 | $1.6M |
| Total current liabilities | $2.48B | $3.87B | $3.77B | $1.53B | $392.8M | $353.0M | $346.9M | $305.1M | $269.3M | $317.6M | $658.4M | $593.7M |
| Long-term debt | $40.5M | $43.2M | $47.1M | $2.16B | $2.56B | $2.56B | $2.56B | $2.57B | $2.50B | $2.50B | $2.50B | $2.50B |
| Lease obligations | $33.8M | $31.9M | $35.4M | $36.7M | $35.0M | $37.1M | $37.3M | $41.7M | $56.4M | $61.1M | $67.4M | $53.0M |
| Other long-term liabilities | $142.6M | $146.0M | $144.0M | $141.6M | $128.6M | $180.1M | $185.7M | $199.4M | $202.1M | $207.8M | $218.1M | $139.6M |
| Total liabilities | $2.66B | $4.05B | $3.96B | $3.83B | $3.08B | $3.10B | $3.09B | $3.07B | $2.97B | $3.03B | $3.38B | $3.23B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 | $100,000 |
| Retained earnings (deficit) | −$7.80B | −$634.6M | −$778.8M | −$857.0M | −$861.2M | −$1.07B | −$1.03B | −$969.5M | −$887.1M | −$634.6M | −$507.6M | −$408.5M |
| Accumulated other comprehensive income | $10.0M | $7.0M | $9.4M | $19.8M | $9.0M | $11.1M | $10.2M | $11.6M | $9.3M | $8.8M | $9.2M | $5.2M |
| Total shareholders' equity | $4.64B | $2.97B | $846.6M | $780.8M | $1.13B | $879.5M | $872.3M | $895.9M | $957.3M | $1.18B | $1.28B | $1.31B |
| Key figures | ||||||||||||
| Total debt | $1.67B | $3.31B | $3.35B | $3.28B | $2.61B | $2.61B | $2.61B | $2.62B | $2.56B | $2.56B | $2.89B | $2.87B |
| Net cash (debt) | $1.07B | −$141.4M | −$2.19B | −$2.16B | −$1.73B | −$1.74B | −$1.71B | −$1.71B | −$1.67B | −$1.69B | −$1.66B | −$925.3M |
| Working capital | $1.68B | $530.4M | −$1.48B | $559.4M | $1.32B | $1.31B | $1.30B | $1.33B | $1.32B | $1.33B | $1.40B | $2.10B |
| Tangible book value | $3.25B | $1.54B | −$611.0M | −$710.8M | −$391.3M | −$681.2M | −$723.5M | −$738.9M | −$716.0M | −$567.7M | −$507.4M | $180.5M |
| Book value per share | $62.25 | $30.91 | $9.64 | $9.97 | $15.76 | $12.69 | $12.66 | $13.12 | $14.12 | $17.23 | $18.85 | $19.65 |
| Shares outstanding | 74.6M | 96.2M | 87.8M | 78.3M | 72.0M | 69.3M | 68.9M | 68.3M | 67.8M | 68.3M | 67.8M | 66.7M |
| Current ratio | 1.68 | 1.14 | 0.61 | 1.37 | 4.37 | 4.72 | 4.76 | 5.36 | 5.90 | 5.20 | 3.13 | 4.53 |
| Quick ratio | 1.31 | 0.94 | 0.41 | 0.94 | 2.87 | 3.18 | 3.24 | 3.65 | 4.02 | 3.47 | 2.24 | 3.65 |
| Debt / equity | 0.36 | 1.11 | 3.95 | 4.20 | 2.30 | 2.97 | 2.99 | 2.93 | 2.67 | 2.18 | 2.26 | 2.19 |
| Equity / assets | 63.5% | 42.3% | 17.6% | 16.9% | 26.9% | 22.1% | 22.0% | 22.6% | 24.3% | 28.0% | 27.4% | 28.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 17, 2026); data from EODHD.
LITE financial position
At the end of fiscal 2026 (June 30, 2026), Lumentum had total assets of $7.3 billion (up 73.2% from a year earlier), total liabilities of $2.7 billion and shareholders' equity of $4.6 billion. It held $2.7 billion in cash and short-term investments against $1.7 billion of debt, a net cash position of $1.1 billion. Its current ratio was 1.68.
Related: LITE income statement, LITE cash flow statement, LITE key metrics. See the LITE stock overview for the latest quote and news.
LITE balance sheet FAQ
What are Lumentum's total assets?
Lumentum reported total assets of $7.3 billion at the end of fiscal 2026 (June 30, 2026), compared with $4.2 billion a year earlier.
How much debt does Lumentum have?
Lumentum had $1.7 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.36.
How much cash does Lumentum have?
Lumentum held $2.7 billion in cash and short-term investments at the end of fiscal 2026; with $1.7 billion of debt that is net cash of $1.1 billion.
What is Lumentum's book value?
Lumentum's shareholders' equity (book value) was $4.6 billion at the end of fiscal 2026, or $62.25 per share.
What is Lumentum's current ratio?
Lumentum had current assets of $4.2 billion and current liabilities of $2.5 billion, a current ratio of 1.68 (it can cover its short-term obligations).
How much goodwill does Lumentum have?
Lumentum carried $1.4 billion of goodwill and intangible assets, 19.1% of total assets, at the end of fiscal 2026.