# Lumentum Holdings Inc. (LITE) FY2026 Q3 Statement of Cash Flows

- Company: Lumentum Holdings Inc. (LITE)
- Period: 2025-12-28 to 2026-03-28
- Filing: Q3 FY2026 10-Q, filed 2026-05-06, accession number 0001628280-26-030777
- Page: https://plicit.ai/financials/lite/fy2026-q3-cash-flow
- Chart image: https://plicit.ai/charts/lite-fy2026-q3-cash-flow-sankey.png

## Chart details

Cash flows for Dec 28, 2025 through Mar 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 27, 2025. Ending cash: Mar 28, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 27, 2025**: 657,700,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 203,800,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Change in valuation allowance on deferred tax assets), so Gain on sale of facility cannot be separated for this quarter. It may combine inflows and outflows.
- **Net income (loss)**: 144,200,000 US dollars
- **Accrued payroll and related expenses**: 24,400,000 US dollars
- **Accounts receivable**: negative 64,800,000 US dollars
- **Depreciation expense**: 32,800,000 US dollars
- **Amortization and write-off of acquired intangibles**: 33,800,000 US dollars
- **Stock-based compensation**: 41,600,000 US dollars
- **Income taxes, net**: 16,400,000 US dollars
- **Other non-cash items**: negative 2,900,000 US dollars
- **Write-off of right-of-use assets**: 0 US dollars
- **Inducement expense on partial repurchase of 2026 Notes**: 0 US dollars
- **Amortization of debt issuance costs**: 1,100,000 US dollars
- **Write-down and loss on sales and dispositions of property, plant and equipment**: 1,400,000 US dollars
- **Accrued expenses and other current and non-current liabilities**: 6,400,000 US dollars
- **Accounts payable**: 29,500,000 US dollars
- **Operating lease liabilities**: negative 3,500,000 US dollars
- **Bad debt expense (recovery)**: 0 US dollars
- **Operating lease right-of-use assets, net**: 2,600,000 US dollars
- **Inventories**: negative 62,700,000 US dollars
- **Prepayments and other current and non-current assets**: 4,900,000 US dollars
- **Remaining operating cash flows, net (calculated)**: negative 1,400,000 US dollars
- **Investing activities**: negative 181,900,000 US dollars. Net cash used.
- **Payments for acquisition of property, plant and equipment**: negative 124,700,000 US dollars
- **Payment for acquisition of business**: negative 38,000,000 US dollars
- **Proceeds from sale of facility, net of cash and selling costs**: 0 US dollars
- **Purchases of short-term investments**: negative 121,700,000 US dollars
- **Proceeds from maturities and sales of short-term investments**: 63,000,000 US dollars
- **Proceeds from the sales of property, plant and equipment**: 39,500,000 US dollars
- **Financing activities**: 1,938,200,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date, and the prior quarter's tagged financing lines do not add up to its total. The prior quarter reported part of this section under different lines (Payment for financing costs related to revolving credit facility), so Payment for Conversions of Convertible Notes and Proceeds from issuance of Series A Convertible Preferred Stock cannot be separated for this quarter. It may combine inflows and outflows.
- **Proceeds from the issuance of 2032 Notes, net of issuance costs**: 0 US dollars
- **Proceeds from term loans**: 0 US dollars
- **Proceeds from employee stock plans**: 500,000 US dollars
- **Payment for partial repurchase of 2026 Notes**: 0 US dollars
- **Payment for 2032 Notes capped call options**: 0 US dollars
- **Payment of withholding taxes related to net share settlement of restricted stock units**: negative 56,800,000 US dollars
- **Principal payments on term loans**: negative 4,100,000 US dollars
- **Payment for financing costs related to revolving credit facility**: negative 400,000 US dollars
- **Payment of acquisition related holdback**: 0 US dollars
- **Remaining financing cash flows, net (calculated)**: 1,999,000,000 US dollars
- **Operating adjustment reconciliation**: 194,900,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **financing displayed reconciliation**: 1,999,500,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- **investing gross reconciliation**: 284,400,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Mar 28, 2026**: 2,617,800,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 2,799,700,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 1,960,100,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.41×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 203,800,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 124,700,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 79,100,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $59.60M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 203,800,000 US dollars minus 124,700,000 US dollars equals 79,100,000 US dollars.