Lumentum Holdings Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-6.94B | $25.9M | $-546.5M | $-131.6M | $198.9M | $397.3M | $135.5M | $-36.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $128.8M | $104.3M | $110.6M | $106.6M | $81.6M | $91.4M | $113.3M | $102.9M |
| Amortization | $135.7M | $149.7M | $150.6M | $127.7M | $85.5M | $85.7M | $78.6M | $54.6M |
| Stock-Based Compensation | $170.2M | $177.2M | $128.8M | $148.4M | $103.1M | $92.9M | $73.2M | $60.7M |
| Net Cash from Operating Activities | $751.4M | $126.3M | $24.7M | $179.8M | $459.3M | $738.7M | $524.3M | $330.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $451.3M | $231.0M | $133.0M | $128.5M | $91.2M | $84.8M | $86.0M | $166.0M |
| Business Acquisitions | $38.0M | $0 | $700.9M | $861.6M | $0 | $0 | $0 | $619.8M |
| Net Cash from Investing Activities | $-785.5M | $-84.1M | $-114.3M | $-874.0M | $-226.3M | $1.0M | $-987.7M | $-779.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $175.6M | $543.9M | $236.0M | $200.0M | $0 |
| Net Cash from Financing Activities | $1.56B | $41.8M | $-332.7M | $263.0M | $282.9M | $-263.4M | $328.8M | $485.1M |
| Net Change in Cash | $1.52B | $84.0M | $-422.3M | $-431.2M | $515.9M | $476.3M | $-134.6M | $35.3M |
| Free Cash Flow | $300.1M | $-104.7M | $-108.3M | $51.3M | $368.1M | $653.9M | $438.3M | $164.1M |