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Lumentum10-K: Customer concentration

Lost largest China customer, Huawei, in early 2024 due to U.S. export restrictions

What happened

The company ceased all product shipments to Huawei, historically its largest networking customer in China, creating a significant revenue gap and forcing a strategic pivot to find replacement demand.

Source

SEC EDGARAug 17, 2026

Annual report (Form 10-K)

Lumentum 10-K for FY2026

Filing excerpt

The final rules prevent us from selling certain products subject to the Export Administration Regulations (“EAR”) to identified Huawei entities without a license issued by BIS.

sec.gov/Archives/edgar/data/1633978/000162828026057358/lite-20260627.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Customer concentration

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2026
Fiscal year end
06/27
Filed
Aug 17, 2026

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The full record

From the Signal API record

Details

CIK
1633978
Accession number
0001628280-26-057358
Timeframe
Current year
Filing year
2026
Why it matters
Diversification strategy
Signal category
Market

Topics and mentions

Technologies

  • semiconductors

Regions named

  • China
  • U.S.

Extraction

Confidence
High
Relevance
100%
Sentiment
Negative
Detected
Aug 18, 2026
signal_type
sec-10k
signal_subtype
customerConcentration

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/fd0608ac-5a51-4c04-a6da-fbd8cd765fa7 returns this record as JSON. POST /v1/companies/enrich returns every signal for lumentum.com.

{
  "signal_id": "fd0608ac-5a51-4c04-a6da-fbd8cd765fa7",
  "signal_type": "sec-10k",
  "signal_subtype": "customerConcentration",
  "detected_at": "2026-08-18T07:04:46.822+00:00",
  "company": {
    "name": "Lumentum",
    "domain": "lumentum.com"
  },
  "data": {
    "detail": "The company ceased all product shipments to Huawei, historically its largest networking customer in China, creating a significant revenue gap and forcing a strategic pivot to find replacement demand.",
    "metrics": {
      "timeframe": "current_year"
    },
    "summary": "Lost largest China customer, Huawei, in early 2024 due to U.S. export restrictions",
    "excerpts": "The final rules prevent us from selling certain products subject to the Export Administration Regulations (“EAR”) to identified Huawei entities without a license issued by BIS.",
    "relevance": 1,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1633978/000162828026057358/lite-20260627.htm",
    "filing_date": "2026-08-17",
    "filing_year": 2026,
    "fiscal_year_end": "06/27",
    "sales_relevance": "Diversification strategy",
    "signal_category": "market",
    "regions_mentioned": [
      "China",
      "U.S."
    ],
    "technologies_mentioned": [
      "semiconductors"
    ]
  }
}

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