In Q3 fiscal 2026 (the quarter ended March 28, 2026), Lumentum's largest business segment was Components, with $533.30 million or 66% of revenue, up 77.3% from a year earlier. Next: Systems (34%).
By product or service, Product Concentration Risk brought in 87% and Lasers brought in 13% of revenue in Q3 fiscal 2022.
By region, United States brought in 23%, Thailand brought in 22% and Hong Kong brought in 17% of revenue in Q3 fiscal 2026.
The fastest-growing business segment from a year earlier was Systems (+121.1%).
From company filings, in USD; latest quarter ended March 28, 2026; quarterly data from Q1 fiscal 2018.

Fiscal quarters, from company filings
| Business segment | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Share |
|---|---|---|---|---|---|
| Components | $533.3M | $443.7M | $379.2M | $300.8M | 66% |
| Systems | $275.1M | $221.8M | $154.6M | $124.4M | 34% |
In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.
| Product or service | Q3 FY22 | Q2 FY22 | Q3 FY20 | Q2 FY20 | Share |
|---|---|---|---|---|---|
| Product Concentration Risk | $344.2M | $397.4M | – | – | 87% |
| Lasers | $51.2M | $49.3M | $43.5M | $48.4M | 13% |
In USD, fiscal quarters as reported; share = part of Q3 FY22 revenue.
| Region | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Share |
|---|---|---|---|---|---|
| United States | $185.9M | $144.7M | $93.7M | $70.5M | 23% |
| Thailand | $176.8M | $123.0M | $109.1M | $79.1M | 22% |
| Hong Kong | $136.0M | $118.9M | $92.9M | $96.5M | 17% |
| Mexico | $103.4M | $102.6M | $73.6M | $38.8M | 13% |
| China | $70.2M | $54.6M | $49.3M | – | 9% |
| Other Asia Pacific Not Individually Identified | $52.7M | $55.8M | $49.4M | $61.6M | 7% |
| EMEA | $52.6M | $40.1M | $36.2M | $42.3M | 7% |
| Japan | $29.2M | $23.8M | $21.0M | $20.8M | 4% |
| Americas Excluding United States and Mexico | $1.6M | $2.0M | $8.6M | $6.4M | under 1% |
In USD, fiscal quarters as reported; share = part of Q3 FY26 revenue.
Components and Systems (as reported for Q3 fiscal 2026).
Components: $533.30 million, or 66% of revenue, in Q3 fiscal 2026.
By revenue in Q3 fiscal 2022: Product Concentration Risk (87%) and Lasers (13%).
By region in Q3 fiscal 2026: United States (23%), Thailand (22%), Hong Kong (17%) and Mexico (13%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Mar 28, 2026
| Item | Revenue | Share |
|---|---|---|
| Components | USD 533.30M | 66.0% |
| Systems | USD 275.10M | 34.0% |
Sum of items USD 808.40M. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 | Q3 FY18 | Q2 FY18 | Q1 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Optical Communications | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 344.2M | 397.4M | 406.0M | 355.2M | 387.9M | 449.1M | 428.5M | 330.3M | 359.3M | 409.4M | 416.1M | 356.8M | 377.9M | 325.4M | 310.1M | 244.9M | 246.3M | 360.1M | 207.9M |
| Cloud & Networking | – | – | – | – | – | – | 282.3M | 254.7M | 313.8M | 286.7M | 229.7M | 286.5M | 293.0M | 382.9M | 360.1M | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Components | 533.3M | 443.7M | 379.2M | 320.4M | 300.8M | 263.7M | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Systems | 275.1M | 221.8M | 154.6M | 160.3M | 124.4M | 138.5M | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Lasers | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 51.2M | 49.3M | 42.4M | 36.9M | 31.6M | 29.7M | 23.9M | 37.8M | 43.5M | 48.4M | 33.8M | 47.8M | 55.0M | 48.3M | 44.0M | 56.2M | 52.5M | 44.5M | 35.3M |
| Industrial Technology | – | – | – | – | – | – | 54.6M | 53.6M | 52.7M | 80.1M | 87.9M | 84.3M | 90.4M | 123.1M | 146.7M | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |