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Side-by-side financial comparison of ACTELIS NETWORKS INC (ASNS) and Lumentum Holdings Inc. (LITE). Click either name above to swap in a different company.

Lumentum Holdings Inc. is the larger business by last-quarter revenue ($665.5M vs $1.4M, roughly 487.2× ACTELIS NETWORKS INC). Lumentum Holdings Inc. runs the higher net margin — 11.8% vs -184.5%, a 196.2% gap on every dollar of revenue. On growth, Lumentum Holdings Inc. posted the faster year-over-year revenue change (65.5% vs 28.6%). Over the past eight quarters, ACTELIS NETWORKS INC's revenue compounded faster (37.2% CAGR vs 34.8%).

Actelis Networks Inc develops and manufactures high-performance broadband access networking solutions for telecom operators, enterprises and government entities. Its core products include Ethernet over copper systems delivering cost-effective high-speed connectivity over existing copper infrastructure, with key markets across North America, Europe and the Asia-Pacific.

JDS Uniphase Corporation (JDSU) was an American company that designed and manufactured products for optical communications networks, communications test and measurement equipment, lasers, optical solutions for authentication and decorative applications, and other custom optics. It was headquartered in Milpitas, California. In August 2015, JDSU split into two different companies – Viavi Solutions and Lumentum Holdings.

ASNS vs LITE — Head-to-Head

Bigger by revenue
LITE
LITE
487.2× larger
LITE
$665.5M
$1.4M
ASNS
Growing faster (revenue YoY)
LITE
LITE
+36.8% gap
LITE
65.5%
28.6%
ASNS
Higher net margin
LITE
LITE
196.2% more per $
LITE
11.8%
-184.5%
ASNS
Faster 2-yr revenue CAGR
ASNS
ASNS
Annualised
ASNS
37.2%
34.8%
LITE

Income Statement — Q4 2025 vs Q2 2026

Metric
ASNS
ASNS
LITE
LITE
Revenue
$1.4M
$665.5M
Net Profit
$-2.5M
$78.2M
Gross Margin
35.1%
36.1%
Operating Margin
-122.3%
9.7%
Net Margin
-184.5%
11.8%
Revenue YoY
28.6%
65.5%
Net Profit YoY
-40.1%
228.4%
EPS (diluted)
$-5.08
$0.89

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASNS
ASNS
LITE
LITE
Q4 25
$1.4M
$665.5M
Q3 25
$643.0K
$533.8M
Q2 25
$941.0K
$480.7M
Q1 25
$721.0K
$425.2M
Q4 24
$1.1M
$402.2M
Q3 24
$2.5M
$336.9M
Q2 24
$3.4M
$308.3M
Q1 24
$726.0K
$366.5M
Net Profit
ASNS
ASNS
LITE
LITE
Q4 25
$-2.5M
$78.2M
Q3 25
$-2.0M
$4.2M
Q2 25
$-1.9M
$213.3M
Q1 25
$-1.9M
$-44.1M
Q4 24
$-1.8M
$-60.9M
Q3 24
$-511.0K
$-82.4M
Q2 24
$-78.0K
$-252.5M
Q1 24
$-2.0M
$-127.0M
Gross Margin
ASNS
ASNS
LITE
LITE
Q4 25
35.1%
36.1%
Q3 25
28.5%
34.0%
Q2 25
32.4%
33.3%
Q1 25
34.8%
28.8%
Q4 24
34.3%
24.8%
Q3 24
68.6%
23.1%
Q2 24
56.6%
16.6%
Q1 24
30.3%
16.2%
Operating Margin
ASNS
ASNS
LITE
LITE
Q4 25
-122.3%
9.7%
Q3 25
-300.0%
1.3%
Q2 25
-188.4%
-1.7%
Q1 25
-251.3%
-8.9%
Q4 24
-154.0%
-12.8%
Q3 24
-12.5%
-24.5%
Q2 24
1.9%
-43.3%
Q1 24
-257.7%
-31.3%
Net Margin
ASNS
ASNS
LITE
LITE
Q4 25
-184.5%
11.8%
Q3 25
-307.9%
0.8%
Q2 25
-202.0%
44.4%
Q1 25
-258.0%
-10.4%
Q4 24
-169.4%
-15.1%
Q3 24
-20.1%
-24.5%
Q2 24
-2.3%
-81.9%
Q1 24
-273.6%
-34.7%
EPS (diluted)
ASNS
ASNS
LITE
LITE
Q4 25
$-5.08
$0.89
Q3 25
$-0.17
$0.05
Q2 25
$-0.21
$3.10
Q1 25
$-0.22
$-0.64
Q4 24
$-7.90
$-0.88
Q3 24
$-0.09
$-1.21
Q2 24
$-0.01
$-3.75
Q1 24
$-0.50
$-1.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASNS
ASNS
LITE
LITE
Cash + ST InvestmentsLiquidity on hand
$4.1M
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8M
$846.6M
Total Assets
$9.5M
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASNS
ASNS
LITE
LITE
Q4 25
$4.1M
$1.2B
Q3 25
$1.5M
$1.1B
Q2 25
$393.0K
$877.1M
Q1 25
$1.1M
$866.7M
Q4 24
$2.0M
$896.7M
Q3 24
$2.2M
$916.1M
Q2 24
$2.4M
$887.0M
Q1 24
$1.4M
$870.9M
Total Debt
ASNS
ASNS
LITE
LITE
Q4 25
Q3 25
$150.0K
Q2 25
$150.0K
Q1 25
$150.0K
Q4 24
$150.0K
Q3 24
Q2 24
Q1 24
$148.0K
Stockholders' Equity
ASNS
ASNS
LITE
LITE
Q4 25
$4.8M
$846.6M
Q3 25
$3.0M
$780.8M
Q2 25
$1.3M
$1.1B
Q1 25
$2.6M
$879.5M
Q4 24
$3.0M
$872.3M
Q3 24
$3.1M
$895.9M
Q2 24
$1.1M
$957.3M
Q1 24
$-1.7M
$1.2B
Total Assets
ASNS
ASNS
LITE
LITE
Q4 25
$9.5M
$4.8B
Q3 25
$6.9M
$4.6B
Q2 25
$6.0M
$4.2B
Q1 25
$7.1M
$4.0B
Q4 24
$8.2M
$4.0B
Q3 24
$8.8M
$4.0B
Q2 24
$8.4M
$3.9B
Q1 24
$10.5M
$4.2B
Debt / Equity
ASNS
ASNS
LITE
LITE
Q4 25
Q3 25
0.05×
Q2 25
0.12×
Q1 25
0.06×
Q4 24
0.05×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASNS
ASNS
LITE
LITE
Operating Cash FlowLast quarter
$-2.1M
$126.7M
Free Cash FlowOCF − Capex
$43.1M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$-29.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASNS
ASNS
LITE
LITE
Q4 25
$-2.1M
$126.7M
Q3 25
$-2.4M
$57.9M
Q2 25
$-1.0M
$64.0M
Q1 25
$-2.2M
$-1.6M
Q4 24
$-1.8M
$24.3M
Q3 24
$-2.4M
$39.6M
Q2 24
$-2.1M
$35.5M
Q1 24
$-203.0K
$-7.0M
Free Cash Flow
ASNS
ASNS
LITE
LITE
Q4 25
$43.1M
Q3 25
$-18.3M
Q2 25
$10.1M
Q1 25
$-64.4M
Q4 24
$-15.9M
Q3 24
$-34.5M
Q2 24
$10.9M
Q1 24
$-204.0K
$-26.6M
FCF Margin
ASNS
ASNS
LITE
LITE
Q4 25
6.5%
Q3 25
-3.4%
Q2 25
2.1%
Q1 25
-15.1%
Q4 24
-4.0%
Q3 24
-10.2%
Q2 24
3.5%
Q1 24
-28.1%
-7.3%
Capex Intensity
ASNS
ASNS
LITE
LITE
Q4 25
12.6%
Q3 25
14.3%
Q2 25
11.2%
Q1 25
14.8%
Q4 24
0.0%
10.0%
Q3 24
0.0%
22.0%
Q2 24
0.0%
8.0%
Q1 24
0.1%
5.3%
Cash Conversion
ASNS
ASNS
LITE
LITE
Q4 25
1.62×
Q3 25
13.79×
Q2 25
0.30×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASNS
ASNS

Segment breakdown not available.

LITE
LITE

Components$443.7M67%
Systems$221.8M33%

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