Search/
Company exports
CSV downloadsPro company pages include CSV downloads for statements, ratios, chart data, and transcript indexes.
Optics·LASR
nLIGHT, Inc.
NASDAQ · US
Semiconductor and fiber laser supplier for industrial, microfabrication, and defense applications.
AI relevance
Laser and photonics platform exposure adjacent to advanced optical and semiconductor manufacturing.
Price
$64.73
Change
+0.18 (+0.28%)
Market cap
$3.7B
52w range
$17–$87
Exchange
NASDAQ
Country
US
Jason's Chips
Subscribe or sign in with your Substack email for charts, exports, estimates, transcripts, filings, earnings, and news.
Price chart
LASR market performance
Daily close for nLIGHT, Inc.
- Latest close
- $64.73
- Range move
- +$46.36 (+252.4%)
- Range high
- $84.95
- Range low
- $17.40
- Latest volume
- 1.2M
- Source
- FMP EOD
Downloads
CSVExports
Download statements, ratios, chart data, and transcript indexes.
Income statement
10 annual rowsRevenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.
Balance sheet
10 annual rowsCash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.
Cash flow
10 annual rowsOperating cash flow, capital expenditures, and free cash flow.
Key metrics
10 annual rowsEnterprise value, valuation multiples, returns, yields, and cash conversion.
Ratios
10 annual rowsMargins, liquidity ratios, valuation ratios, leverage, and per-share metrics.
Chart data
1255 rowsFive years of daily close and volume data powering the company chart.
Transcript list
32 rowsAvailable earnings-call transcript dates by fiscal year and quarter.
StreetBuy
Analyst expectations
Rating consensus13 ratings
Strong buy
1
Buy
11
Hold
1
Sell
0
Strong sell
0
Annual estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-12-31 | $307.1M | $304.3M - $313.7M | $0.52 | $0.41 - $0.57 | -$39.4M | -$57.1M | $25.2M | $65.6M | 7 rev / 6 EPS |
| 2027-12-31 | $347.4M | $338.7M - $360.5M | $0.68 | $0.61 - $0.73 | -$44.5M | -$64.6M | $34.1M | $74.2M | 7 rev / 5 EPS |
| 2028-12-31 | $438.5M | $423.1M - $461.8M | $1.08 | $1.03 - $1.15 | -$56.2M | -$81.5M | $55.7M | $93.7M | 2 rev / 1 EPS |
| 2029-12-31 | $505.0M | $487.3M - $531.8M | $1.30 | $1.24 - $1.39 | -$64.7M | -$93.9M | $66.2M | $107.9M | 1 rev / 1 EPS |
| 2030-12-31 | $584.0M | $563.5M - $615.0M | $1.80 | $1.72 - $1.92 | -$74.8M | -$108.6M | $91.7M | $124.8M | 1 rev / 1 EPS |
Quarterly estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $78.6M | $77.8M - $79.4M | $0.14 | $0.13 - $0.15 | -$10.1M | -$14.6M | $8.5M | $16.8M | 6 rev / 6 EPS |
| 2026-09-30 | $69.9M | $66.8M - $74.3M | $0.09 | $0.06 - $0.15 | -$9.0M | -$13.0M | $5.4M | $14.9M | 6 rev / 6 EPS |
| 2026-12-31 | $78.4M | $73.9M - $84.0M | $0.09 | $0.09 - $0.10 | -$10.1M | -$14.6M | $5.5M | $16.8M | 5 rev / 4 EPS |
| 2027-03-31 | $79.9M | $75.3M - $85.6M | $0.14 | $0.13 - $0.16 | -$10.2M | -$14.9M | $8.7M | $17.1M | 3 rev / 2 EPS |
| 2027-06-30 | $85.7M | $80.8M - $91.8M | $0.18 | $0.16 - $0.19 | -$11.0M | -$15.9M | $10.5M | $18.3M | 3 rev / 2 EPS |
| 2027-09-30 | $84.4M | $79.5M - $90.3M | $0.16 | $0.15 - $0.18 | -$10.8M | -$15.7M | $9.9M | $18.0M | 3 rev / 2 EPS |
| 2027-12-31 | $94.3M | $88.9M - $101.0M | $0.19 | $0.17 - $0.20 | -$12.1M | -$17.5M | $11.2M | $20.2M | 3 rev / 2 EPS |
Price target history
| Window | Targets | Average target |
|---|---|---|
| Last month | 0 | $0.00 |
| Last quarter | 5 | $84.20 |
| Last year | 13 | $63.19 |
| All time | 13 | $63.19 |
Sources: StreetInsider, TheFly
Latest grade actions
| Date | Firm | Action | Previous | New |
|---|---|---|---|---|
| 2026-05-21 | Stifel | Maintain | Buy | Buy |
| 2026-05-08 | Needham | Maintain | Buy | Buy |
| 2026-04-20 | Stifel | Maintain | Buy | Buy |
| 2026-02-27 | Cantor Fitzgerald | Maintain | Overweight | Overweight |
| 2026-02-27 | Needham | Maintain | Buy | Buy |
| 2026-02-03 | Roth Capital | Maintain | Buy | Buy |
| 2026-01-14 | Stifel | Maintain | Buy | Buy |
| 2026-01-13 | Needham | Maintain | Buy | Buy |
Historical rating snapshots
| Date | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| 2026-06-01 | 1 | 7 | 1 | 0 | 0 |
| 2026-05-01 | 1 | 7 | 1 | 0 | 0 |
| 2026-04-01 | 1 | 7 | 1 | 0 | 0 |
| 2026-03-01 | 1 | 7 | 1 | 0 | 0 |
| 2026-02-01 | 1 | 6 | 1 | 0 | 0 |
| 2026-01-01 | 1 | 6 | 1 | 0 | 0 |
| 2025-12-01 | 1 | 6 | 1 | 0 | 0 |
| 2025-11-01 | 1 | 5 | 1 | 0 | 0 |
FinancialsFY 2025
Financials
Income statement annual
| Period | Revenue | Gross profit | Gross margin | R&D | Operating income | EBITDA | Net income | EPS |
|---|---|---|---|---|---|---|---|---|
| FY 2025 | $261.3M | $78.0M | 29.8% | $48.0M | -$26.6M | -$20.0M | -$23.5M | $-0.48 |
| FY 2024 | $198.5M | $33.0M | 16.6% | $45.1M | -$65.6M | -$43.7M | -$60.8M | $-1.27 |
| FY 2023 | $209.9M | $46.1M | 22.0% | $46.2M | -$46.8M | -$29.9M | -$41.7M | $-0.90 |
| FY 2022 | $242.1M | $50.8M | 21.0% | $53.8M | -$55.1M | -$35.5M | -$54.6M | $-1.23 |
| FY 2021 | $270.1M | $77.3M | 28.6% | $54.8M | -$30.2M | -$14.8M | -$29.7M | $-0.70 |
| FY 2020 | $222.8M | $59.4M | 26.6% | $41.2M | -$21.0M | -$7.4M | -$20.9M | $-0.55 |
| FY 2019 | $176.6M | $52.3M | 29.6% | $28.1M | -$9.9M | -$345,000 | -$12.9M | $-0.35 |
| FY 2018 | $191.4M | $67.0M | 35.0% | $21.1M | $17.1M | $25.4M | $13.9M | $0.47 |
| FY 2017 | $138.6M | $44.3M | 31.9% | $15.1M | $9.8M | $17.7M | $1.8M | $0.07 |
| FY 2016 | $101.3M | $23.2M | 22.9% | $15.2M | -$9.3M | -$1.2M | -$14.2M | $-0.55 |
Cash flow annual
| Period | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|
| FY 2025 | $21.3M | $9.0M | $12.3M |
| FY 2024 | -$2.4M | $7.9M | -$10.3M |
| FY 2023 | $10.1M | $5.3M | $4.8M |
| FY 2022 | -$14.5M | $21.7M | -$36.3M |
| FY 2021 | -$7.4M | $19.3M | -$29.0M |
| FY 2020 | $13.0M | $24.3M | -$11.3M |
| FY 2019 | -$4.2M | $12.4M | -$17.9M |
| FY 2018 | $3.3M | $11.7M | -$8.4M |
| FY 2017 | $3.4M | $5.5M | -$2.1M |
| FY 2016 | $6.0M | $4.1M | $1.9M |
Balance sheet annual
| Period | Cash + ST inv. | Receivables | Inventory | PP&E | Assets | Debt | Net debt | Liabilities | Equity |
|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | $133.6M | $50.8M | $45.4M | $57.1M | $318.1M | $36.2M | -$62.5M | $91.4M | $226.7M |
| FY 2024 | $100.7M | $34.9M | $40.8M | $57.8M | $270.2M | $12.1M | -$53.7M | $53.8M | $216.4M |
| FY 2023 | $112.9M | $39.6M | $52.2M | $64.9M | $306.8M | $14.2M | -$39.1M | $52.4M | $254.4M |
| FY 2022 | $108.2M | $37.9M | $67.6M | $74.6M | $329.2M | $15.6M | -$42.2M | $58.4M | $270.8M |
| FY 2021 | $146.5M | $51.2M | $73.7M | $73.1M | $373.6M | $17.7M | -$128.9M | $71.5M | $302.1M |
| FY 2020 | $102.3M | $37.5M | $54.7M | $56.8M | $283.6M | $13.0M | -$89.2M | $63.7M | $219.9M |
| FY 2019 | $117.3M | $30.0M | $46.1M | $27.7M | $250.0M | $51,000 | -$117.2M | $33.4M | $216.6M |
| FY 2018 | $149.5M | $26.5M | $35.3M | $21.5M | $250.1M | $109,000 | -$149.4M | $32.3M | $217.8M |
| FY 2017 | $36.7M | $14.6M | $29.6M | $20.2M | $110.1M | $17.5M | -$19.2M | $48.9M | $61.3M |
| FY 2016 | $13.5M | $10.7M | $18.8M | $20.3M | $71.1M | $19.7M | $6.2M | $41.4M | $29.7M |
Annual ratios and key metrics
| Period | Gross margin | Op margin | Net margin | Current | Quick | ROE | ROIC | EV / sales | EV / EBITDA | FCF yield | R&D / rev. | Cash cycle |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | 29.8% | -10.2% | -9.0% | 3.8x | 3.1x | -10.3% | -9.6% | 7.1x | -92.6x | 0.6% | 18.4% | 120d |
| FY 2024 | 16.6% | -33.1% | -30.6% | 5.7x | 4.5x | -28.1% | -27.5% | 2.3x | -10.3x | -2.0% | 22.7% | 121d |
| FY 2023 | 22.0% | -22.3% | -19.9% | 6.7x | 5.1x | -16.4% | -16.5% | 2.8x | -19.5x | 0.8% | 22.0% | 158d |
| FY 2022 | 21.0% | -22.8% | -22.5% | 6.7x | 4.7x | -20.2% | -18.5% | 1.7x | -11.5x | -8.0% | 22.2% | 153d |
| FY 2021 | 28.6% | -11.2% | -11.0% | 6.1x | 4.4x | -9.8% | -9.0% | 3.3x | -59.4x | -2.9% | 20.3% | 159d |
| FY 2020 | 26.6% | -9.4% | -9.4% | 4.8x | 3.5x | -9.5% | -8.6% | 5.2x | -158.0x | -0.9% | 18.5% | 137d |
| FY 2019 | 29.6% | -5.6% | -7.3% | 7.9x | 6.1x | -5.9% | -4.4% | 3.6x | -1842.2x | -2.4% | 15.9% | 160d |
| FY 2018 | 35.0% | 8.9% | 7.3% | 9.3x | 7.8x | 6.4% | 6.0% | 2.0x | 15.0x | -1.6% | 11.0% | 119d |
| FY 2017 | 31.9% | 7.1% | 1.3% | 2.9x | 1.9x | 3.0% | 3.2% | 4.9x | 38.2x | -0.3% | 10.9% | 103d |
| FY 2016 | 22.9% | -9.2% | -14.0% | 2.4x | 1.4x | -47.8% | -17.6% | 6.9x | -566.8x | 0.3% | 15.0% | 83d |
Annual growth
| Period | Revenue | Gross profit | R&D | Op income | Net income | EPS | FCF | Capex | Cash + ST inv. | Inventory | Assets | Debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 | +31.6% | +136.1% | +6.4% | +59.5% | +61.4% | +62.2% | +219.5% | -13.9% | +32.7% | +11.3% | +17.7% | +198.4% |
| FY 2024 | -5.4% | -28.4% | -2.3% | -40.3% | -45.9% | -41.1% | -316.6% | -48.6% | -10.8% | -21.8% | -11.9% | -14.3% |
| FY 2023 | -13.3% | -9.3% | -14.2% | +15.1% | +23.7% | +26.8% | +113.1% | +75.4% | +4.3% | -22.8% | -6.8% | -9.3% |
| FY 2022 | -10.4% | -34.3% | -1.9% | -82.4% | -84.0% | -75.7% | -25.0% | -0.7% | -26.1% | -8.3% | -11.9% | -11.7% |
| FY 2021 | +21.3% | +30.2% | +33.2% | -43.6% | -41.7% | -27.3% | -156.5% | +11.4% | +43.3% | +34.8% | +31.7% | +35.5% |
| FY 2020 | +26.1% | +13.4% | +46.3% | -112.4% | -62.5% | -57.1% | +36.7% | -78.6% | -12.8% | +18.6% | +13.5% | +25482.4% |
| FY 2019 | -7.7% | -21.8% | +33.6% | -158.1% | -192.4% | -174.5% | -113.3% | -16.4% | -21.6% | +30.6% | -0.1% | -53.2% |
| FY 2018 | +38.1% | +51.2% | +39.2% | +74.1% | +658.7% | +571.4% | -304.4% | -113.6% | +307.4% | +19.5% | +127.1% | -99.4% |
| FY 2017 | +36.8% | +91.1% | -0.8% | +204.9% | +112.9% | +112.7% | -209.3% | -34.9% | +171.8% | +57.2% | +55.0% | -11.2% |
| FY 2016 | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
SegmentsFY 2025
Revenue Mix
Latest product mixFY 2025 · $261.3M
Aerospace and Defense$175.3M · 67.1%
Microfabrication$47.2M · 18.1%
Industrial$38.8M · 14.9%
Latest geography mixFY 2025 · $261.3M
North America$185.6M · 71.0%
Asia Pacific$38.4M · 14.7%
EMEA$37.3M · 14.3%
Product revenue annual
| Period | Total | Aerospace and Defense | Industrial | Microfabrication |
|---|---|---|---|---|
| FY 2025 | $261.3M | $175.3M | $38.8M | $47.2M |
| FY 2024 | $198.5M | $109.5M | $45.6M | $43.4M |
| FY 2023 | $209.9M | $91.4M | $71.0M | $47.5M |
| FY 2022 | $242.1M | $88.2M | $91.1M | $62.8M |
| FY 2021 | $270.1M | $104.9M | $94.8M | $70.4M |
| FY 2020 | $222.8M | $86.7M | $84.5M | $51.6M |
| FY 2019 | $176.6M | $42.8M | $76.7M | $57.2M |
Geography revenue annual
| Period | Total | North America | Rest of World, Excluding China and North America | CHINA | Asia Pacific | EMEA |
|---|---|---|---|---|---|---|
| FY 2025 | $261.3M | $185.6M | -- | -- | $38.4M | $37.3M |
| FY 2024 | $198.5M | $132.8M | $27.6M | $38.1M | -- | -- |
| FY 2023 | $209.9M | $129.3M | $68.7M | $11.9M | -- | -- |
| FY 2022 | $242.1M | $137.5M | $83.3M | $21.3M | -- | -- |
| FY 2021 | $270.1M | $143.2M | $71.5M | $55.4M | -- | -- |
| FY 2020 | $222.8M | $107.6M | $44.3M | $70.9M | -- | -- |
| FY 2019 | $176.6M | $67.5M | $45.0M | $64.1M | -- | -- |
| FY 2018 | $191.4M | $70.7M | $50.5M | $70.2M | -- | -- |
Transcripts32 on file
Transcripts
Events
Events
Next earnings
2026-08-06EPS est $0.14
Latest news
- nLIGHT, Inc. Announces Participation in Eurosatory 2026 Defense Conference
Business Wire · 2026-06-08
- nLIGHT's CEO Sold Nearly 25,000 Shares for $1.9 Million. Here's What That Means for Investors.
The Motley Fool · 2026-06-06