Lumentum Holdings Inc. (LITE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 4.4B | 2.28B | 2.09B | 1.72B | 1.67B | 1.65B | 1.64B | 1.59B | 1.65B | 2.06B | 2.69B | 2.78B | 2.46B | 2.49B | 2.44B | 3.14B | 3.1B | 2.54B | 2.42B | 2.44B |
| Cash & Short-Term Investments | 3.17B | 1.16B | 1.12B | 877.1M | 866.7M | 896.7M | 916.1M | 887M | 870.9M | 1.22B | 1.94B | 2.01B | 1.67B | 1.68B | 1.62B | 2.55B | 2.56B | 2.02B | 1.88B | 1.95B |
| Cash Only | 2.62B | 657.7M | 772.9M | 520.7M | 516.4M | 479.7M | 489.2M | 436.7M | 425M | 469.3M | 861.6M | 859M | 549.2M | 592.1M | 605.3M | 1.29B | 1.13B | 552M | 611M | 774.3M |
| Short-Term Investments | 554.5M | 497.6M | 348.9M | 356.4M | 350.3M | 417M | 426.9M | 450.3M | 445.9M | 754.7M | 1.08B | 1.15B | 1.12B | 1.09B | 1.02B | 1.26B | 1.43B | 1.47B | 1.27B | 1.17B |
| Accounts Receivable | 441.6M | 376.8M | 307M | 250M | 255.7M | 226.9M | 198.5M | 194.7M | 229.8M | 248.3M | 220M | 246.1M | 278M | 330.5M | 340.5M | 262M | 242.2M | 239.2M | 263.2M | 212.8M |
| Days Sales Outstanding | 46.06 | 46.75 | 47.48 | 47.87 | 51.64 | 48.12 | 52.52 | 62.65 | 64.57 | 69.11 | 67.51 | 63.6 | 72.21 | 60.34 | 55.28 | 53.16 | 55.4 | 51.17 | 49.89 | 49.11 |
| Inventory | 632.8M | 570.4M | 531.6M | 470.1M | 422.9M | 402.3M | 403.3M | 398.4M | 420.7M | 471.7M | 428M | 408.6M | 410.2M | 366.9M | 366.2M | 250.1M | 224M | 208.1M | 207M | 196.4M |
| Days Inventory Outstanding | 121.28 | 117.87 | 129.37 | 126.66 | 124.04 | 121.13 | 139.29 | 145.02 | 156.77 | 159.29 | 159.75 | 131.03 | 130.28 | 91.94 | 91.01 | 87.76 | 86.15 | 78.96 | 85.48 | 76.06 |
| Other Current Assets | 149M | 180.7M | 125.2M | 120.1M | 122M | 125.5M | 118.3M | 110M | 128.6M | 118.1M | 99.4M | 0 | 108.2M | 114.8M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.63B | 2.52B | 2.53B | 2.5B | 2.31B | 2.31B | 2.33B | 2.34B | 2.55B | 2.59B | 1.85B | 1.85B | 1.89B | 1.93B | 1.95B | 1.02B | 1.03B | 1.08B | 1.1B | 1.11B |
| Property, Plant & Equipment | 991.3M | 843.1M | 825.3M | 754.3M | 725.5M | 696.3M | 674.1M | 645.3M | 655.4M | 663.6M | 580.4M | 566.8M | 564.4M | 572.6M | 567.4M | 434.1M | 430.7M | 434.7M | 428.4M | 428.5M |
| Fixed Asset Turnover | 0.88x | 0.80x | 0.68x | 0.65x | 0.60x | 0.59x | 0.51x | 0.47x | 0.51x | 0.50x | 0.55x | 0.66x | 0.67x | 0.89x | 1.01x | 0.98x | 0.91x | 1.04x | 1.05x | 0.89x |
| Goodwill | 1.07B | 1.06B | 1.06B | 1.06B | 1.06B | 1.06B | 1.06B | 1.06B | 1.06B | 1.05B | 695.1M | 695.1M | 696.2M | 698.2M | 693.7M | 368.9M | 368.9M | 368.9M | 368.9M | 368.9M |
| Intangible Assets | 362.9M | 396.7M | 430.7M | 465.1M | 499.8M | 534.9M | 573.9M | 617.5M | 688.5M | 730.6M | 435.2M | 459.2M | 498.4M | 539.9M | 576M | 155.7M | 176.9M | 198.3M | 219.8M | 241.2M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13.8M | 15.3M | 6M | 10.8M | 8.8M | 11.6M | 12M | 12.5M | 15.5M | 14.9M | 14.6M | 16.8M | 15.2M | 14.7M | 11.4M | 37.3M | 36.7M | 6.5M | 6M | 3.3M |
| Total Assets | 7.03B | 4.81B | 4.61B | 4.22B | 3.98B | 3.97B | 3.97B | 3.93B | 4.2B | 4.66B | 4.54B | 4.63B | 4.35B | 4.42B | 4.39B | 4.16B | 4.13B | 3.62B | 3.52B | 3.55B |
| Asset Turnover | 0.14x | 0.14x | 0.12x | 0.12x | 0.11x | 0.10x | 0.09x | 0.08x | 0.08x | 0.07x | 0.07x | 0.08x | 0.09x | 0.11x | 0.12x | 0.10x | 0.10x | 0.13x | 0.13x | 0.11x |
| Asset Growth % | 76.8% | 21.16% | 16.21% | 7.29% | -5.46% | -14.82% | -12.66% | -15.12% | -3.43% | 5.38% | 3.59% | 11.29% | 5.33% | 22.19% | 24.68% | 17.19% | 10.35% | 4.25% | 3.89% | 7.87% |
| Total Current Liabilities | 3.87B | 3.77B | 1.53B | 392.8M | 353M | 346.9M | 305.1M | 269.3M | 317.6M | 658.4M | 593.7M | 633.8M | 768.9M | 814.3M | 802.8M | 716.5M | 660.7M | 656.7M | 611.7M | 664.6M |
| Accounts Payable | 392.7M | 347.4M | 278.6M | 225.2M | 195.2M | 184.7M | 163.1M | 126.3M | 133.4M | 163M | 134.6M | 169.4M | 198.7M | 205.6M | 205.7M | 156.7M | 126.8M | 118.2M | 101.6M | 116.9M |
| Days Payables Outstanding | 74.6 | 66.96 | 65.07 | 59.63 | 57.1 | 52.3 | 50.28 | 45.98 | 52.07 | 52.69 | 58.05 | 58.91 | 67.78 | 51.58 | 53.51 | 52.48 | 48.85 | 41.81 | 46.3 | 41.4 |
| Short-Term Debt | 3.25B | 3.25B | 1.09B | 10.6M | 10.3M | 9.8M | 10.8M | 0 | 0 | 319.7M | 315.7M | 311.6M | 426.2M | 420.7M | 420.2M | 409.9M | 406.1M | 401M | 395.8M | 390.7M |
| Deferred Revenue (Current) | 0 | 2.1M | 2.7M | 700K | 700K | 700K | 600K | 600K | 800K | 900K | 1.6M | 2.1M | 3.4M | 0 | 0 | 0 | 0 | 0 | 0 | 600K |
| Other Current Liabilities | 221.5M | 67.7M | 56.6M | 20.8M | 20.2M | 19.6M | 18.8M | 16.2M | 17.4M | 16.2M | 9.7M | 12.7M | 13.8M | 16.6M | 18.2M | 13.4M | 14.4M | 13.1M | 9.1M | 8M |
| Current Ratio | 1.14x | 0.61x | 1.37x | 4.37x | 4.72x | 4.76x | 5.36x | 5.90x | 5.20x | 3.13x | 4.53x | 4.38x | 3.20x | 3.06x | 3.04x | 4.38x | 4.69x | 3.87x | 3.96x | 3.67x |
| Quick Ratio | 0.97x | 0.45x | 1.02x | 3.18x | 3.53x | 3.60x | 4.04x | 4.43x | 3.87x | 2.42x | 3.81x | 3.74x | 2.67x | 2.61x | 2.58x | 4.03x | 4.35x | 3.55x | 3.62x | 3.37x |
| Cash Conversion Cycle | 92.74 | 97.66 | 111.78 | 114.9 | 118.58 | 116.96 | 141.53 | 161.69 | 169.27 | 175.71 | 169.21 | 135.73 | 134.71 | 100.69 | 92.77 | 88.44 | 92.7 | 88.32 | 89.07 | 83.76 |
| Total Non-Current Liabilities | 189.2M | 191.1M | 2.31B | 2.69B | 2.74B | 2.75B | 2.77B | 2.71B | 2.71B | 2.72B | 2.64B | 2.64B | 2.05B | 2.06B | 2.06B | 1.57B | 1.56B | 937.1M | 935.9M | 914.2M |
| Long-Term Debt | 62.6M | 69.8M | 2.16B | 2.56B | 2.56B | 2.56B | 2.57B | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 1.9B | 1.9B | 1.9B | 1.47B | 1.45B | 810.3M | 800M | 789.8M |
| Capital Lease Obligations | 0 | 22.7M | 24.5M | 23.6M | 25.8M | 26.1M | 29.8M | 43M | 47.3M | 52.9M | 41.2M | 47.7M | 53.1M | 57M | 58M | 48.8M | 52.8M | 55.8M | 57.5M | 47.6M |
| Deferred Tax Liabilities | 5.4M | 66M | 6M | 7.2M | 39.4M | 45.4M | 53.4M | 55.7M | 61.7M | 67.6M | 12.7M | 3.4M | 17.5M | 25.8M | 24.8M | 12.9M | 17.5M | 29M | 35.5M | 35.9M |
| Other Non-Current Liabilities | 121.2M | 32.6M | 111.1M | 97.8M | 114.9M | 114.2M | 116.2M | 103.4M | 98.8M | 97.6M | 85.7M | 91.4M | 75.7M | 77.1M | 75.9M | 42.9M | 42.8M | 42M | 42.9M | 40.9M |
| Total Liabilities | 4.05B | 3.96B | 3.83B | 3.08B | 3.1B | 3.09B | 3.07B | 2.97B | 3.03B | 3.38B | 3.23B | 3.28B | 2.82B | 2.87B | 2.86B | 2.29B | 2.22B | 1.59B | 1.55B | 1.58B |
| Total Debt | 3.31B | 3.35B | 3.28B | 2.61B | 2.61B | 2.61B | 2.62B | 2.56B | 2.56B | 2.89B | 2.87B | 2.87B | 2.39B | 2.39B | 2.39B | 1.94B | 1.92B | 1.28B | 1.26B | 1.24B |
| Net Debt | 695.9M | 2.69B | 2.51B | 2.09B | 2.09B | 2.13B | 2.13B | 2.12B | 2.14B | 2.42B | 2.01B | 2.01B | 1.85B | 1.8B | 1.79B | 645.8M | 788.2M | 727.4M | 654M | 465.6M |
| Debt / Equity | 1.11x | 3.95x | 4.20x | 2.30x | 2.97x | 2.99x | 2.93x | 2.67x | 2.18x | 2.26x | 2.19x | 2.12x | 1.56x | 1.55x | 1.57x | 1.03x | 1.00x | 0.63x | 0.64x | 0.63x |
| Debt / EBITDA | 18.99x | 25.95x | 47.61x | 49.49x | 116.51x | 196.11x | - | - | - | - | - | 126.04x | 380.08x | 54.24x | 29.56x | 19.96x | 21.70x | 10.05x | 8.08x | 14.55x |
| Net Debt / EBITDA | 3.99x | 20.85x | 36.39x | 39.61x | 93.46x | 160.05x | - | - | - | - | - | 88.36x | 292.90x | 40.81x | 22.08x | 6.66x | 8.92x | 5.71x | 4.18x | 5.46x |
| Interest Coverage | 28.15x | 16.32x | 1.91x | -1.11x | -5.88x | -6.55x | -13.40x | -22.61x | -13.40x | -22.61x | -6.14x | -3.83x | -4.60x | -2.04x | 3.21x | 2.40x | 2.49x | 5.04x | 6.89x | 2.58x |
| Total Equity | 2.97B | 846.6M | 780.8M | 1.13B | 879.5M | 872.3M | 895.9M | 957.3M | 1.18B | 1.28B | 1.31B | 1.36B | 1.54B | 1.54B | 1.53B | 1.88B | 1.91B | 2.02B | 1.97B | 1.97B |
| Equity Growth % | 238.08% | -2.95% | -12.85% | 18.53% | -25.26% | -31.73% | -31.65% | -29.39% | -23.49% | -17.22% | -14.12% | -27.69% | -19.56% | -23.66% | -22.57% | -4.96% | -11.68% | 5.2% | 8.55% | 12.78% |
| Book Value per Share | 30.91 | 9.64 | 9.97 | 15.76 | 12.69 | 12.66 | 13.12 | 14.12 | 17.23 | 18.85 | 19.65 | 19.85 | 22.42 | 22.60 | 22.41 | 26.22 | 25.67 | 26.85 | 26.15 | 25.46 |
| Total Shareholders' Equity | 2.97B | 846.6M | 780.8M | 1.13B | 879.5M | 872.3M | 895.9M | 957.3M | 1.18B | 1.28B | 1.31B | 1.36B | 1.54B | 1.54B | 1.53B | 1.88B | 1.91B | 2.02B | 1.97B | 1.97B |
| Common Stock | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K | 100K |
| Retained Earnings | -634.6M | -778.8M | -857M | -861.2M | -1.07B | -1.03B | -969.5M | -887.1M | -634.6M | -507.6M | -408.5M | -340.6M | -140.6M | -101.3M | -69.6M | -129.1M | -60.5M | 237.5M | 210.7M | 220.9M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 7M | 9.4M | 19.8M | 9M | 11.1M | 10.2M | 11.6M | 9.3M | 8.8M | 9.2M | 5.2M | 4.1M | 7.1M | 3.4M | -200K | 400K | -1.2M | 6.2M | 8.5M | 8.2M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |