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Side-by-side financial comparison of Lumentum Holdings Inc. (LITE) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.

Lumentum Holdings Inc. is the larger business by last-quarter revenue ($665.5M vs $661.7M, roughly 1.0× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 11.8%, a 22.4% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 34.8%).

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.

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

LITE vs SSB — Head-to-Head

Bigger by revenue
LITE
LITE
1.0× larger
LITE
$665.5M
$661.7M
SSB
Higher net margin
SSB
SSB
22.4% more per $
SSB
34.1%
11.8%
LITE
Faster 2-yr revenue CAGR
SSB
SSB
Annualised
SSB
37.4%
34.8%
LITE

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
LITE
LITE
SSB
SSB
Revenue
$665.5M
$661.7M
Net Profit
$78.2M
$225.8M
Gross Margin
36.1%
Operating Margin
9.7%
15.1%
Net Margin
11.8%
34.1%
Revenue YoY
65.5%
Net Profit YoY
228.4%
153.5%
EPS (diluted)
$0.89
$2.28

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
LITE
LITE
SSB
SSB
Q1 26
$661.7M
Q4 25
$665.5M
$581.1M
Q3 25
$533.8M
$599.7M
Q2 25
$480.7M
$577.9M
Q1 25
$425.2M
$544.5M
Q4 24
$402.2M
$369.8M
Q3 24
$336.9M
$351.5M
Q2 24
$308.3M
$350.3M
Net Profit
LITE
LITE
SSB
SSB
Q1 26
$225.8M
Q4 25
$78.2M
$247.7M
Q3 25
$4.2M
$246.6M
Q2 25
$213.3M
$215.2M
Q1 25
$-44.1M
$89.1M
Q4 24
$-60.9M
$144.2M
Q3 24
$-82.4M
$143.2M
Q2 24
$-252.5M
$132.4M
Gross Margin
LITE
LITE
SSB
SSB
Q1 26
Q4 25
36.1%
Q3 25
34.0%
Q2 25
33.3%
Q1 25
28.8%
Q4 24
24.8%
Q3 24
23.1%
Q2 24
16.6%
Operating Margin
LITE
LITE
SSB
SSB
Q1 26
15.1%
Q4 25
9.7%
54.3%
Q3 25
1.3%
53.6%
Q2 25
-1.7%
48.8%
Q1 25
-8.9%
22.3%
Q4 24
-12.8%
50.7%
Q3 24
-24.5%
53.1%
Q2 24
-43.3%
49.3%
Net Margin
LITE
LITE
SSB
SSB
Q1 26
34.1%
Q4 25
11.8%
42.6%
Q3 25
0.8%
41.1%
Q2 25
44.4%
37.2%
Q1 25
-10.4%
16.4%
Q4 24
-15.1%
39.0%
Q3 24
-24.5%
40.7%
Q2 24
-81.9%
37.8%
EPS (diluted)
LITE
LITE
SSB
SSB
Q1 26
$2.28
Q4 25
$0.89
$2.47
Q3 25
$0.05
$2.42
Q2 25
$3.10
$2.11
Q1 25
$-0.64
$0.87
Q4 24
$-0.88
$1.88
Q3 24
$-1.21
$1.86
Q2 24
$-3.75
$1.73

Balance Sheet & Financial Strength

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

Metric
LITE
LITE
SSB
SSB
Cash + ST InvestmentsLiquidity on hand
$1.2B
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$846.6M
$9.0B
Total Assets
$4.8B
$68.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LITE
LITE
SSB
SSB
Q1 26
$2.9B
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$877.1M
Q1 25
$866.7M
Q4 24
$896.7M
Q3 24
$916.1M
Q2 24
$887.0M
Stockholders' Equity
LITE
LITE
SSB
SSB
Q1 26
$9.0B
Q4 25
$846.6M
$9.1B
Q3 25
$780.8M
$9.0B
Q2 25
$1.1B
$8.8B
Q1 25
$879.5M
$8.6B
Q4 24
$872.3M
$5.9B
Q3 24
$895.9M
$5.9B
Q2 24
$957.3M
$5.7B
Total Assets
LITE
LITE
SSB
SSB
Q1 26
$68.0B
Q4 25
$4.8B
$67.2B
Q3 25
$4.6B
$66.0B
Q2 25
$4.2B
$65.9B
Q1 25
$4.0B
$65.1B
Q4 24
$4.0B
$46.4B
Q3 24
$4.0B
$46.1B
Q2 24
$3.9B
$45.5B

Cash Flow & Capital Efficiency

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

Metric
LITE
LITE
SSB
SSB
Operating Cash FlowLast quarter
$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
LITE
LITE
SSB
SSB
Q1 26
Q4 25
$126.7M
$232.1M
Q3 25
$57.9M
$122.4M
Q2 25
$64.0M
$72.6M
Q1 25
$-1.6M
$-126.3M
Q4 24
$24.3M
$354.3M
Q3 24
$39.6M
$-246.8M
Q2 24
$35.5M
$126.8M
Free Cash Flow
LITE
LITE
SSB
SSB
Q1 26
Q4 25
$43.1M
$215.5M
Q3 25
$-18.3M
$101.7M
Q2 25
$10.1M
$52.5M
Q1 25
$-64.4M
$-139.1M
Q4 24
$-15.9M
$340.9M
Q3 24
$-34.5M
$-254.2M
Q2 24
$10.9M
$117.3M
FCF Margin
LITE
LITE
SSB
SSB
Q1 26
Q4 25
6.5%
37.1%
Q3 25
-3.4%
17.0%
Q2 25
2.1%
9.1%
Q1 25
-15.1%
-25.5%
Q4 24
-4.0%
92.2%
Q3 24
-10.2%
-72.3%
Q2 24
3.5%
33.5%
Capex Intensity
LITE
LITE
SSB
SSB
Q1 26
Q4 25
12.6%
2.9%
Q3 25
14.3%
3.5%
Q2 25
11.2%
3.5%
Q1 25
14.8%
2.4%
Q4 24
10.0%
3.6%
Q3 24
22.0%
2.1%
Q2 24
8.0%
2.7%
Cash Conversion
LITE
LITE
SSB
SSB
Q1 26
Q4 25
1.62×
0.94×
Q3 25
13.79×
0.50×
Q2 25
0.30×
0.34×
Q1 25
-1.42×
Q4 24
2.46×
Q3 24
-1.72×
Q2 24
0.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LITE
LITE

Components$443.7M67%
Systems$221.8M33%

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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