Lumentum
 |
Company type | Public |
|---|---|
| |
| Predecessor | JDSU |
| Founded | 2015 |
| Headquarters | San 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) |
| Website | lumentum |
| 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
[edit]Lumentum was one of two companies created during an 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
[edit]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 May 11, Nasdaq announced that Lumentum would replace CoStar Group (CSGP) in the Nasdaq-100 Index before the opening bell on May 18, 2026.[13]
On March 2, Nvidia made two $2 billion strategic investments in photonics technologies companies: one in Lumentum and one in Coherent Corp..[14]
Notes
[edit]- ^ "FY 2025 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. August 19, 2025.
- ^ "Viavi Solutions, Lumentum begin life as JDSU is no more". lightwaveonline.com. 2013-08-03. Retrieved March 2, 2026.
- ^ "NVIDIA Announces Strategic Partnership With Lumentum to Develop State-of-the-Art Optics Technology". NVIDIA. March 2, 2026. Retrieved March 3, 2026.
- ^ "Here's Why Lumentum Stock Is a Promising Portfolio Pick Right Now". NASDAQ. November 11, 2025. Retrieved March 3, 2026.
- ^ "Morningstar: Lumentum Holdings Inc LITE". Morningstar, Inc. Retrieved March 3, 2026.
- ^ Krause, Reinhardt (March 2, 2026). "Lumentum, Coherent Surge On Nvidia's Optical Networking Investments". Investor's Business Daily. Retrieved March 3, 2026.
- ^ "Fidelity: Lumentum Holdings". Fidelity Investments. Retrieved March 3, 2026.
- ^ "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.
- ^ "Lumentum Debuts as an Independent Publicly-Traded Company Following Completion of Its Spinoff From JDSU". GlobeNewswire. August 3, 2015. Retrieved March 2, 2026.
- ^ "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.
- ^ "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.
- ^ "Lumentum to Join the S&P 500 Index". Morningstar, Inc. March 10, 2026. Retrieved March 11, 2026.
- ^ Enos, Mwangi (May 12, 2026). "Lumentum AI pivot triggers massive Nasdaq 100 shakeup". TheStreet. Retrieved May 22, 2026.
- ^ "Nvidia to invest $4 billion into photonics companies Coherent and Lumentum". CNBC. March 2, 2026. Retrieved March 19, 2026.
External links
[edit]- Official website
- Business data for Lumentum Holdings Inc.: