Lumentum Holdings

Not to be confused with Lumen Technologies.
Lumentum Holdings, Inc.
Company typePublic
PredecessorJDSU
Founded2015 (2015)
HeadquartersSan Jose, California, U.S.
Key people
Revenue US$1.65 billion (2025)
US$−180 million (2025)
US$25.9 million (2025)
Total assets US$4.22 billion (2025)
Total equity US$1.13 billion (2025)
Number of employees
10,562 (2025)
Websitelumentum.com
Footnotes / references
[1]

Lumentum Holdings Inc. is an American manufacturer of optical and photonic products. It was created in 2015 as a spinoff from JDSU.

Background

Lumentum was one of two companies created during a August 1, 2015, spinoff from JDSU (along with Viavi Solutions).[2]

Lumentum is regarded as a leader in optics and advanced manufacturing.[3] Broadly speaking, they are a communication component manufacturer.[4] Among the end uses for their optical components are networking equipment for telecommunications and commercial lasers deployment for industrial, oversight, and scientific lab use.[5]

Among their products is a class of transceiver described as an optical circuit switch that is part of the artificial intelligence hardware stack.[6] They primarily produce optical and photonic products in two sectors of the economy: Cloud & Networking and Industrial Tech. In the former sector, they provide optical and photonic chips, components, modules, and subsystems. In the latter sector, they produce a broad spectrum of lasers.[7]

History

Following the close of trading on July 31, 2015, JDSU took the name Viavi and moved from the S&P MidCap 400 Index (making way for the addition of Catalent) to the S&P SmallCap 600 Index (replacing Susquehanna Bancshares) and Lumentum was added to the S&P 600 following trading on August 3, 2015 (replacing Comstock Resources).[8] Lumentum shares began trading on the NASDAQ stock market under the ticker symbol LITE on August 4.[9] On April 4, 2018, Lumentum was moved to the S&P Midcap index (replacing MSCI and making way for C&J Energy Services).[10] On March 6, 2026, S&P Global announced that it was promoting Lumentum from the S&P MidCap 400 to the S&P 500 effective on the open of trading on March 23.[11][12]

On March 2, Nvidia made a two $2 billion strategic investments in photonics technologies companies: One in Lumentum and one in Coherent Corp..[13]

Notes

  1. ^ "FY 2025 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. August 19, 2025.
  2. ^ "Viavi Solutions, Lumentum begin life as JDSU is no more". lightwaveonline.com. 2013-08-03. Retrieved March 2, 2026.
  3. ^ "NVIDIA Announces Strategic Partnership With Lumentum to Develop State-of-the-Art Optics Technology". NVIDIA. March 2, 2026. Retrieved March 3, 2026.
  4. ^ "Here's Why Lumentum Stock Is a Promising Portfolio Pick Right Now". NASDAQ. November 11, 2025. Retrieved March 3, 2026.
  5. ^ "Morningstar: Lumentum Holdings Inc LITE". Morningstar, Inc. Retrieved March 3, 2026.
  6. ^ Krause, Reinhardt (March 2, 2026). "Lumentum, Coherent Surge On Nvidia's Optical Networking Investments". Investor's Business Daily. Retrieved March 3, 2026.
  7. ^ "Fidelity: Lumentum Holdings". Fidelity Investments. Retrieved March 3, 2026.
  8. ^ "Signet Jewelers Set to Join the S&P 500; PAREXEL International, Catalent to Join the S&P MidCap 400; Others to Join S&P SmallCap 600". PR Newswire. July 24, 2015. Retrieved March 2, 2026.
  9. ^ "Lumentum Debuts as an Independent Publicly-Traded Company Following Completion of Its Spinoff From JDSU". GlobeNewswire. August 3, 2015. Retrieved March 2, 2026.
  10. ^ "MSCI Set to Join S&P 500; Lumentum Holdings to Join S&P MidCap 400; C&J Energy Services to Join S&P SmallCap 600". S&P Global. PR Newswire. March 28, 2018. Retrieved March 2, 2026.
  11. ^ "Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600" (PDF). S&P Global. March 6, 2026. Retrieved March 11, 2026.
  12. ^ "Lumentum to Join the S&P 500 Index". Morningstar, Inc. March 10, 2026. Retrieved March 11, 2026.
  13. ^ "Nvidia to invest $4 billion into photonics companies Coherent and Lumentum". CNBC. March 2, 2026. Retrieved March 19, 2026.
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