ADDED
lite-20250628 0001633978 false 2025 FY http://fasb.org/us-gaap/2025#AccountingStandardsUpdate202006Member P1Y http://fasb.org/us-gaap/2025#RestructuringCharges P5D P5D P5D P5D P5D P5D 0.0076319 0.0100711 0.0143808 http://fasb.org/us-gaap/2025#QualifiedPlanMember Note 19.
As of August 12, 2025, the Registrant had 69.9 million shares of common stock outstanding.
and other countries), market and regulatory conditions, trends and uncertainties in our business and financial results, and are often identified by the use of words such as, but not limited to, anticipate, believe, can, continue, could, estimate, expect, intend, may, might, plan, project, seek, should, target, will, would, contemplate, believe, predict, potential and similar expressions or variations intended to identify forward-looking statements.
( we, us, our , Lumentum or the Company ) is a leading provider of optical and photonic products and is recognized as an industry leader based on revenue and market share.
Our products are essential to a range of cloud, artificial intelligence and machine learning ( AI/ML ), telecommunications, consumer, and industrial end-market applications.
Our Cloud Networking products comprise a comprehensive portfolio of optical and photonic chips, components, modules, and subsystems supplied to cloud data center operators, AI/ML infrastructure providers, and network equipment manufacturer customers who are building cloud data center and network infrastructures.
Our products enable high-capacity optical links for cloud computing, AI/ML workloads, and data center interconnect ( DCI ) applications, as well as for communications service provider networks.
Our offerings support access (local), metro (intracity), long-haul (intercity and global), and submarine (undersea) network infrastructure.
Additionally, our Cloud Networking products serve enterprise network infrastructure needs, including storage area networks ( SANs ), local area networks ( LANs ), and wide area networks ( WANs ).
Demand for our products is fueled by the ongoing expansion of network capacity required to support cloud and services, AI/ML processing, streaming video, video conferencing, wireless and mobile connectivity, and the internet of things ( IoT ).
REMOVED
As of August 14, 2024, the Registrant ha d 68.0 million shares of common stock outstanding.
( we, us, our , Lumentum or the Company ) is an industry-leading provider of optical and photonic products essential to a range of cloud, artificial intelligence and machine learning ( AI/ML ), telecommunications, consumer, and industrial end-market applications.
Our Cloud Networking products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for AI/ML and data center interconnect ( DCI ) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure.
Our Cloud Networking products also support network equipment manufacturers building enterprise network infrastructure.
Demand for our Cloud Networking products is driven by the rapid growth in cloud and network capacity required for expanding cloud computing and services, including for AI/ML, streaming video and video conferencing, gaming, wireless and mobile devices, and internet of things ( IoT ).
Our Industrial Tech products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.
In the industrial manufacturing end-market, our lasers are incorporated into our customers manufacturing machine tools used for the precision processing of materials in a range of industries including semiconductor device and microelectronics fabrication, electric vehicle and battery production, metal cutting and welding, and advanced manufacturing.
Our lasers also address certain semiconductor inspection and life-science applications.
Our products can also be used in the industrial end-market in imaging and sensing systems for process feedback and control, quality assurance, and waste reduction.
Adoption of our products in the industrial end-market is driven by the needs of customers to advance semiconductor and microelectronics industry roadmaps, including those that support cloud data center and AI/ML infrastructure, and by Industry 4.0/5.0 trends, including increasing manufacturing precision and flexibility and reducing waste and environmental impact.