Lumentum
Lumentum is a global leader in optical and photonic products, providing lasers, modules, and subsystems for cloud networking, 3D sensing, and advanced manufacturing, including laser sources used in additive manufacturing systems.
- CEO / Founder
- Michael Hurlston
- Team Size
- 5001-10000
- Stage
- Public
- Total Funding
- $2.0B
- Latest Round
- IPO
- Key Investors
- NVIDIA
Technology & Products
Key Products
PicoBlade® core (compact laser module); High-power fiber lasers; Diode lasers; Optical transceivers and modules; 3D sensing components; Coherent optical subsystems
Technological Advantage
Lumentum's advantage lies in its vertically integrated design and manufacturing of photonic components, allowing for superior performance and reliability. Their lasers are used in selective laser melting systems, providing the precision and power needed for high-quality metal parts. The company's IP portfolio and manufacturing scale create significant barriers to entry.
Differentiation
Value Proposition
Lumentum's high-performance lasers and photonic components enable customers to achieve higher precision, speed, and efficiency in advanced manufacturing processes, including additive manufacturing, reducing downtime and improving yield.
How They Differentiate
Lumentum differentiates through its broad portfolio of photonic products, including high-power lasers and optical components, and its strong focus on R&D. Compared to Coherent and IPG, Lumentum has a stronger presence in optical communications, while also serving industrial laser markets. Their laser products offer high reliability and performance, backed by extensive customer validation.
Market & Competition
Target Customers
OEMs and system integrators in data center, telecom, industrial manufacturing, and sensing markets
Industry Verticals
Cloud and Networking; Industrial Manufacturing; Telecommunications; Aerospace and Defense; Consumer Electronics; Medical
Competitors
Coherent Corp.; IPG Photonics; nLIGHT
Growth & Milestones
Growth Metrics
Revenue grew 90% YoY in Q3 FY2026 to $808.4 million; net profit of $144 million in the last year; added to S&P 500 in March 2026.
Major Milestones
2015: Spun off from JDSU and listed on NASDAQ; 2022: Acquired NeoPhotonics for $1.6 billion; 2025: Appointed Michael Hurlston as CEO; 2026: Strategic partnership with NVIDIA, including $2B preferred investment; 2026: Added to S&P 500 index
Notable Customers
NVIDIA; Ayar Labs; Apple (implied through 3D sensing supply chain)