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

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-06-29 to 2026-03-28

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Lumentum Holdings Inc. cash flow reconciliation, Jun 29, 2025 through Mar 28, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income (loss) → Net cash from operating activities: $226,600,000.00Stock-based compensation → Operating adjustments reconciliation: $129,400,000.00Accounts payable → Operating adjustments reconciliation: $109,400,000.00Amortization and write-off of acquired intangibles → Operating adjustments reconciliation: $102,200,000.00Depreciation expense → Operating adjustments reconciliation: $91,200,000.00Accrued payroll and related expenses → Operating adjustments reconciliation: $51,800,000.00Accrued expenses and other current and non-current liabilities → Operating adjustments reconciliation: $28,200,000.00Income taxes, net → Operating adjustments reconciliation: $17,900,000.00Write-down and loss on sales and dispositions of property, plant and equipment → Operating adjustments reconciliation: $13,400,000.00Inducement expense on partial repurchase of 2026 Notes → Operating adjustments reconciliation: $5,900,000.00Amortization of debt issuance costs → Operating adjustments reconciliation: $3,000,000.00Operating lease right-of-use assets, net → Operating adjustments reconciliation: $900,000.00Operating adjustments reconciliation → Net cash from operating activities: $161,800,000.00Operating adjustments reconciliation → Accounts receivable: $191,500,000.00Operating adjustments reconciliation → Inventories: $165,200,000.00Operating adjustments reconciliation → Prepayments and other current and non-current assets: $22,500,000.00Operating adjustments reconciliation → Other non-cash items: $9,100,000.00Operating adjustments reconciliation → Operating lease liabilities: $3,100,000.00Operating adjustments reconciliation → Bad debt expense (recovery): $100,000.00Proceeds from issuance of Series A Convertible Preferred Stock → financing reconciliation: $1,999,700,000.00Proceeds from the issuance of 2032 Notes, net of issuance costs → financing reconciliation: $1,254,700,000.00Proceeds from term loans → financing reconciliation: $47,900,000.00Proceeds from employee stock plans → financing reconciliation: $9,200,000.00financing reconciliation → Net cash from financing activities: $2,189,800,000.00financing reconciliation → Payment for partial repurchase of 2026 Notes: $843,100,000.00financing reconciliation → Payment of withholding taxes related to net share settlement of restricted stock units: $164,200,000.00financing reconciliation → Payment for 2032 Notes capped call options: $102,000,000.00financing reconciliation → Principal payments on term loans: $9,200,000.00financing reconciliation → Payment for financing costs related to revolving credit facility: $2,400,000.00financing reconciliation → Payment for Conversions of Convertible Notes: $800,000.00Net cash used in investing activities → investing reconciliation: $481,100,000.00Proceeds from maturities and sales of short-term investments → investing reconciliation: $181,000,000.00Proceeds from the sales of property, plant and equipment → investing reconciliation: $39,600,000.00investing reconciliation → Purchases of short-term investments: $379,200,000.00investing reconciliation → Payments for acquisition of property, plant and equipment: $284,500,000.00investing reconciliation → Payment for acquisition of business: $38,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $520,700,000.00Net cash from operating activities → Cash sources and uses: $388,400,000.00Net cash from financing activities → Cash sources and uses: $2,189,800,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $2,617,800,000.00Cash sources and uses → Net cash used in investing activities: $481,100,000.00Accrued payroll and related expenses: $51,800,000.00Accrued compensation+$51.80 MAccounts receivable: -$191,500,000.00Accounts receivable−$191.50 MDepreciation expense: $91,200,000.00Depreciation expense+$91.20 MAmortization and write-off of acquired intangibles: $102,200,000.00Intangible amort. & write-off+$102.20 MStock-based compensation: $129,400,000.00Stock-based compensation+$129.40 MIncome taxes, net: $17,900,000.00Deferred tax balances+$17.90 MOther non-cash items: -$9,100,000.00Other non-cash items−$9.10 MWrite-off of right-of-use assets: $0.00Inducement expense on partial repurchase of 2026 Notes: $5,900,000.00Convertible debt inducement+$5.90 MAmortization of debt issuance costs: $3,000,000.00Discount & premium amortization+$3.00 MWrite-down and loss on sales and dispositions of property, plant and equipment: $13,400,000.00Other asset gain & loss+$13.40 MAccrued expenses and other current and non-current liabilities: $28,200,000.00Other accrued liabilities+$28.20 MGain on sale of facility: $0.00Accounts payable: $109,400,000.00Accounts payable+$109.40 MOperating lease liabilities: -$3,100,000.00Operating lease liabilities−$3.10 MBad debt expense (recovery): -$100,000.00Credit loss provision−$100.00 KNet income (loss): $226,600,000.00Net income (loss)+$226.60 MOperating lease right-of-use assets, net: $900,000.00Operating lease right-of-use+$900.00 KInventories: -$165,200,000.00Inventories−$165.20 MPrepayments and other current and non-current assets: -$22,500,000.00Other operating assets−$22.50 MNet cash from operating activities: $388,400,000.00Operating cash+$388.40 MOperating adjustments reconciliation: $553,300,000.00Proceeds from issuance of Series A Convertible Preferred Stock: $1,999,700,000.00Convertible preferred issued+$2.00 BProceeds from the issuance of 2032 Notes, net of issuance costs: $1,254,700,000.00Convertible debt issued+$1.25 BProceeds from term loans: $47,900,000.00Debt issued+$47.90 MProceeds from employee stock plans: $9,200,000.00Employee stock plan proceeds+$9.20 MPayment for partial repurchase of 2026 Notes: -$843,100,000.00Convertible debt repaid−$843.10 MPayment for 2032 Notes capped call options: -$102,000,000.00Capped call purchases−$102.00 MPayment of withholding taxes related to net share settlement of restricted stock units: -$164,200,000.00Stock-award tax withholding−$164.20 MPrincipal payments on term loans: -$9,200,000.00Secured debt repaid−$9.20 MPayment for financing costs related to revolving credit facility: -$2,400,000.00Debt issuance costs−$2.40 MPayment for Conversions of Convertible Notes: -$800,000.00Cash paid on note conversions−$800.00 KPayment of acquisition related holdback: $0.00Net cash from financing activities: $2,189,800,000.00Financing cash+$2.19 Bfinancing reconciliation: $3,311,500,000.00Payments for acquisition of property, plant and equipment: -$284,500,000.00PP&E purchases−$284.50 MPayment for acquisition of business: -$38,000,000.00Business acquisitions, gross−$38.00 MProceeds from sale of facility, net of cash and selling costs: $0.00Purchases of short-term investments: -$379,200,000.00Short-term investment purchases−$379.20 MProceeds from maturities and sales of short-term investments: $181,000,000.00Short-term investment proceeds+$181.00 MProceeds from the sales of property, plant and equipment: $39,600,000.00Other PP&E sales+$39.60 MNet cash used in investing activities: -$481,100,000.00. Cash required to fund net payments.Investing cash−$481.10 Minvesting reconciliation: $701,700,000.00Cash sources and uses: $3,098,900,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $520,700,000.00Beginning cash$520.70 MEnding cash: Cash, cash equivalents, and restricted cash: $2,617,800,000.00Ending cash$2.62 BCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow$103.90 MOperating cash − cash spent on PP&ECash flow / Net income1.71×Operating cash flow ÷ net incomeNet cash change+$2.10 BEnding cash − beginning cash
Chart details

Lumentum Holdings Inc. cash flow reconciliation, Jun 29, 2025 through Mar 28, 2026

Cash flows for Jun 29, 2025 through Mar 28, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 28, 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 Jun 28, 2025
520,700,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
388,400,000 US dollars. Net cash provided.
Net income (loss)
226,600,000 US dollars
Accrued payroll and related expenses
51,800,000 US dollars
Accounts receivable
negative 191,500,000 US dollars
Depreciation expense
91,200,000 US dollars
Amortization and write-off of acquired intangibles
102,200,000 US dollars
Stock-based compensation
129,400,000 US dollars
Income taxes, net
17,900,000 US dollars
Other non-cash items
negative 9,100,000 US dollars
Write-off of right-of-use assets
0 US dollars
Inducement expense on partial repurchase of 2026 Notes
5,900,000 US dollars
Amortization of debt issuance costs
3,000,000 US dollars
Write-down and loss on sales and dispositions of property, plant and equipment
13,400,000 US dollars
Accrued expenses and other current and non-current liabilities
28,200,000 US dollars
Gain on sale of facility
0 US dollars
Accounts payable
109,400,000 US dollars
Operating lease liabilities
negative 3,100,000 US dollars
Bad debt expense (recovery)
negative 100,000 US dollars
Operating lease right-of-use assets, net
900,000 US dollars
Inventories
negative 165,200,000 US dollars
Prepayments and other current and non-current assets
negative 22,500,000 US dollars
Investing activities
negative 481,100,000 US dollars. Net cash used.
Payments for acquisition of property, plant and equipment
negative 284,500,000 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 379,200,000 US dollars
Proceeds from maturities and sales of short-term investments
181,000,000 US dollars
Proceeds from the sales of property, plant and equipment
39,600,000 US dollars
Financing activities
2,189,800,000 US dollars. Net cash provided.
Proceeds from issuance of Series A Convertible Preferred Stock
1,999,700,000 US dollars
Proceeds from the issuance of 2032 Notes, net of issuance costs
1,254,700,000 US dollars
Proceeds from term loans
47,900,000 US dollars
Proceeds from employee stock plans
9,200,000 US dollars
Payment for partial repurchase of 2026 Notes
negative 843,100,000 US dollars
Payment for 2032 Notes capped call options
negative 102,000,000 US dollars
Payment of withholding taxes related to net share settlement of restricted stock units
negative 164,200,000 US dollars
Principal payments on term loans
negative 9,200,000 US dollars
Payment for financing costs related to revolving credit facility
negative 2,400,000 US dollars
Payment for Conversions of Convertible Notes
negative 800,000 US dollars
Payment of acquisition related holdback
0 US dollars
Operating adjustment reconciliation
553,300,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
3,311,500,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
701,700,000 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
3,098,900,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
2,097,100,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.71×. 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
388,400,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
284,500,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
103,900,000 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 $161.80M 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: 388,400,000 US dollars minus 284,500,000 US dollars equals 103,900,000 US dollars.
Lumentum Holdings Inc. (LITE) FY2026 YTD Q3 Statement of Cash Flows Sankey chart
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