Lumentum Holdings Inc.

LITENASDAQTechnology● Active

$889.03

+$25.37(+2.94%)

Market Cap$69.2B

P/E Ratio—

52W High$1085.68

52W Low$80.39

Avg Volume6.5M

Open$899.79

Beta1.48

Free Cash Flow Financials Revenue

Lumentum Holdings Inc. (LITE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LITE · free cash flow · updated Jun 8, 2026

Core FCF metrics

LITE · FCF · TTM · margin & CAGR

Free cash flow was −$104.7M for FY2025 (fiscal year ending 2025-06-28), up 5.9% year-over-year The FCF margin was -6.4%.

FY2025 Free Cash Flow−$104.7M▲ +5.9% YoY

Trailing 12M (TTM)$273.8MTrailing 4Q sum · TTM positive vs latest FY negative

FCF Margin-6.4%−$104.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LITE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$126.3M(231M)−$104.7M▲ +5.9%-6.4%

FY2024$24.7M(136M)−$111.3M▼ 317.0%-8.2%

FY2023$179.8M(129M)$51.3M▼ 86.1%2.9%

FY2022$459.3M(91M)$368.1M▼ 42.8%21.5%

FY2021$738.7M(95M)$643.9M▲ +46.9%37.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LITE · P/FCF · FCF yield · FCF per share

Lumentum Holdings Inc. (LITE) trades at a FCF yield of 0.40% and a price-to-free-cash-flow ratio of 223.9x. FCF per share stands at $3.97, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.40%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.97

TTM FCF ÷ Shares Outstanding

Price / FCF

x223.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x255.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-28

Cash flow statement summary

LITE · cash flow statement · operating / investing / financing

For FY2025, Lumentum Holdings Inc. generated $126.3M in operating cash flow and spent 231M in capital expenditures, yielding −$104.7M in free cash flow.

Operating Activities

+$126.3M

Cash from core business operations

2025-06-28

Investing Activities

−$84.1M

CapEx, acquisitions & investments

2025-06-28

Financing Activities

+$41.8M

Buybacks, dividends & debt

2025-06-28

FCF FormulaOperating CF ($126.3M) − |CapEx| (231M) = FCF (−$104.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

LITE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Lumentum Holdings Inc.YOU

LITE

−$104.7M+5.9%-6.4%

Loss

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Lumentum Holdings Inc. (LITE) reported free cash flow of −$104.7M for FY2025 (fiscal year ending 2025-06-28), up 5.9% year-over-year. The FCF margin was -6.4%.

Based on available data, Lumentum Holdings Inc. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $643.9M in FY2021.

Lumentum Holdings Inc.'s FCF yield is 0.40% and price-to-FCF ratio is 223.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LITE free cash flow · 8 questions

Lumentum Holdings Inc. free cash flow was −$104.7M for FY2025, up 5.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $273.8M.

LITE free cash flowLITE FCFLITE FCF 2025LITE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Lumentum Holdings Inc. · Lumentum Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026