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nLIGHT, Inc.(LASR)Earnings, Financials & Key Ratios
LASR•NASDAQ
$66.19
$3.69B mkt cap·Price updated May 7, 2026
AboutnLIGHT, Inc. designs, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments, Laser Products and Advanced Development. The company also provides fiber amplifiers, and beam combination and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through various independent sales representatives and distributors in Asia, Europe, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.Show more
- Revenue$261M+31.6%
- EBITDA-$26M+46.6%
- Net Income-$23M+61.4%
- EPS (Diluted)-0.48+62.2%
- Gross Margin29.83%+79.4%
- EBITDA Margin-9.81%+59.4%
- Operating Margin-10.16%+69.3%
- Net Margin-8.98%+70.7%
- ROE-10.59%+59.0%
- ROIC-12.18%+53.2%
- Debt/Equity0.16+184.8%
- Interest Coverage-10.93
LASR Key Insights
nLIGHT, Inc. (LASR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 94 (top 6%)
✗Weaknesses
- ✗Expensive at 14.9x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
LASR Price & Volume
nLIGHT, Inc. (LASR) stock price & volume — 10-year historical chart
Loading chart...
LASR Growth Metrics
nLIGHT, Inc. (LASR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years3.24%
3 Years2.59%
TTM40.91%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM73.28%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM73.47%
Return on Capital
10 Years-8.69%
5 Years-16.26%
3 Years-17.67%
Last Year-10.84%
LASR Recent Earnings
nLIGHT, Inc. (LASR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 11/12 qtrs (92%)
Q1 2026Latest
Feb 26, 2026EPS
$0.14
Est $0.11
+27.3%
Revenue
$81M
Est $77M
+5.8%
Q4 2025
Nov 6, 2025EPS
$0.08
Est $0.02
+300.0%
Revenue
$67M
Est $76M
-12.3%
Q3 2025
Aug 7, 2025EPS
$0.06
Est $0.09
+166.7%
Revenue
$62M
Est $57M
+7.7%
Q2 2025
May 8, 2025EPS
$0.04
Est $0.18
+77.8%
Revenue
$52M
Est $50M
+3.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.14vs $0.11+27.3% | $81Mvs $77M+5.8% |
| Q4 2025 | Nov 6, 2025 | $0.08vs $0.02+300.0% | $67Mvs $76M-12.3% |
| Q3 2025 | Aug 7, 2025 | $0.06vs $0.09+166.7% | $62Mvs $57M+7.7% |
| Q2 2025 | May 8, 2025 | $0.04vs $0.18+77.8% | $52Mvs $50M+3.0% |
Based on last 12 quarters of dataView full earnings history →
LASR Peer Comparison
nLIGHT, Inc. (LASR) competitors in Optical, Photonics and Display Components — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LITE | 63.74B | 892.79 | 2412.94 | 21.03% | 17.68% | 30.68% | 2.30 | |
 IPGP | 4.31B | 101.63 | 139.22 | 2.73% | 2.78% | 1.37% | ||
 COHR | 50.62B | 319.19 | -613.83 | 23.42% | 10.59% | 6.94% | 0.46 | |
 MKSI | 20.25B | 300.79 | 68.83 | 9.62% | 8.03% | 12.24% | 1.73 | |
 NOVT | 4.86B | 136.28 | 92.71 | 3.3% | 5.49% | 4.1% | 0.26 | |
 VIAV | 11.81B | 51.05 | 340.33 | 8.39% | -4.03% | -6.92% | 0.89 | |
 OSIS | 3.97B | 241.11 | 27.68 | 11.33% | 8.42% | 16.74% | 0.72 | |
 AMAT | 325.54B | 410.52 | 47.40 | 4.39% | 24.67% | 34.28% | 0.32 |
Compare LASR vs Peers
nLIGHT, Inc. (LASR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LASR Income Statement
nLIGHT, Inc. (LASR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 138.58M | 191.36M | 176.62M | 222.79M | 270.15M | 242.06M | 209.92M | 198.55M | 261.33M | 289.84M |
| Revenue Growth % | 36.77% | 38.09% | -7.7% | 26.14% | 21.26% | -10.4% | -13.28% | -5.42% | 31.62% | 40.91% |
| Cost of Goods Sold | 94.31M | 124.4M | 124.28M | 163.43M | 192.84M | 191.24M | 163.81M | 165.53M | 183.37M | 199.17M |
| COGS % of Revenue | 68.05% | 65.01% | 70.37% | 73.35% | 71.38% | 79% | 78.03% | 83.37% | 70.17% | - |
| Gross Profit | 44.27M▲ 0% | 66.96M▲ 51.2% | 52.34M▼ 21.8% | 59.36M▲ 13.4% | 77.31M▲ 30.2% | 50.82M▼ 34.3% | 46.11M▼ 9.3% | 33.02M▼ 28.4% | 77.96M▲ 136.1% | 90.68M▲ 0% |
| Gross Margin % | 31.95% | 34.99% | 29.63% | 26.65% | 28.62% | 21% | 21.97% | 16.63% | 29.83% | 31.28% |
| Gross Profit Growth % | 91.12% | 51.24% | -21.84% | 13.42% | 30.23% | -34.26% | -9.26% | -28.4% | 136.12% | - |
| Operating Expenses | 34.48M | 49.9M | 62.25M | 80.41M | 107.52M | 105.92M | 92.88M | 98.66M | 104.51M | 108.34M |
| OpEx % of Revenue | 24.88% | 26.08% | 35.24% | 36.09% | 39.8% | 43.76% | 44.24% | 49.69% | 39.99% | - |
| Selling, General & Admin | 19.35M | 28.84M | 34.11M | 39.25M | 52.71M | 48.26M | 45.9M | 49.26M | 54.19M | 57.25M |
| SG&A % of Revenue | 13.97% | 15.07% | 19.31% | 17.62% | 19.51% | 19.94% | 21.86% | 24.81% | 20.74% | - |
| Research & Development | 15.12M | 21.05M | 28.14M | 41.16M | 54.81M | 53.77M | 46.16M | 45.11M | 47.97M | 48.44M |
| R&D % of Revenue | 10.91% | 11% | 15.93% | 18.48% | 20.29% | 22.21% | 21.99% | 22.72% | 18.36% | - |
| Other Operating Expenses | 0 | -253K | 0 | 0 | 0 | 3.89M | 817K | 4.29M | 2.35M | 1.91M |
| Operating Income | 9.8M▲ 0% | 17.06M▲ 74.1% | -9.91M▼ 158.1% | -21.05M▼ 112.4% | -30.22M▼ 43.6% | -55.1M▼ 82.4% | -46.77M▲ 15.1% | -65.64M▼ 40.3% | -26.55M▲ 59.5% | -17.66M▲ 0% |
| Operating Margin % | 7.07% | 8.92% | -5.61% | -9.45% | -11.19% | -22.76% | -22.28% | -33.06% | -10.16% | -6.09% |
| Operating Income Growth % | 204.93% | 74.15% | -158.07% | -112.41% | -43.56% | -82.35% | 15.13% | -40.35% | 59.55% | - |
| EBITDA | 17.72M | 25.35M | -345K | -7.36M | -15.16M | -39.4M | -30.74M | -48.04M | -25.64M | -7.25M |
| EBITDA Margin % | 12.79% | 13.25% | -0.2% | -3.3% | -5.61% | -16.28% | -14.64% | -24.2% | -9.81% | -2.5% |
| EBITDA Growth % | 1530.19% | 43.06% | -101.36% | -2034.2% | -105.87% | -159.95% | 22% | -56.3% | 46.62% | 83.38% |
| D&A (Non-Cash Add-back) | 7.92M | 8.29M | 9.56M | 13.69M | 15.06M | 15.7M | 16.03M | 17.6M | 908K | 10.4M |
| EBIT | 9.8M | 16.98M | -9.91M | -21.05M | -30.22M | -51.21M | -45.95M | -61.34M | -20.86M | -12.95M |
| Net Interest Income | -1.27M | 728K | 2.61M | 78K | -163K | 529K | 1.34M | 1.67M | 3.05M | 1.41M |
| Interest Income | 0 | 728K | 2.61M | 78K | 0 | 529K | 1.34M | 1.67M | 4.95M | 4.83M |
| Interest Expense | 1.27M | 0 | 0 | 0 | 163K | 0 | 0 | 0 | 1.91M | 1.56M |
| Other Income/Expense | -3.1M | 475K | 3.14M | 456K | 173K | 867K | 4.12M | 4.77M | 3.78M | 3.54M |
| Pretax Income | 6.7M▲ 0% | 17.54M▲ 162.0% | -6.76M▼ 138.6% | -20.59M▼ 204.4% | -30.04M▼ 45.9% | -54.23M▼ 80.5% | -42.65M▲ 21.4% | -60.87M▼ 42.7% | -22.77M▲ 62.6% | -14.11M▲ 0% |
| Pretax Margin % | 4.83% | 9.16% | -3.83% | -9.24% | -11.12% | -22.41% | -20.32% | -30.66% | -8.71% | -4.87% |
| Income Tax | 4.86M | 3.6M | 6.12M | 340K | -375K | 344K | -978K | -76K | 699K | 615K |
| Effective Tax Rate % | 72.56% | 20.53% | -90.45% | -1.65% | 1.25% | -0.63% | 2.29% | 0.12% | -3.07% | -4.36% |
| Net Income | 1.84M▲ 0% | 13.94M▲ 658.7% | -12.88M▼ 192.4% | -20.93M▼ 62.5% | -29.67M▼ 41.7% | -54.58M▼ 84.0% | -41.67M▲ 23.7% | -60.79M▼ 45.9% | -23.47M▲ 61.4% | -14.73M▲ 0% |
| Net Margin % | 1.33% | 7.28% | -7.29% | -9.4% | -10.98% | -22.55% | -19.85% | -30.62% | -8.98% | -5.08% |
| Net Income Growth % | 112.93% | 658.74% | -192.44% | -62.47% | -41.74% | -83.96% | 23.65% | -45.89% | 61.4% | 73.28% |
| Net Income (Continuing) | 1.84M | 13.94M | -12.88M | -20.93M | -29.67M | -54.58M | -41.67M | -60.79M | -23.47M | -14.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06▲ 0% | 0.47▲ 683.3% | -0.35▼ 174.5% | -0.55▼ 57.1% | -0.70▼ 27.3% | -1.23▼ 75.7% | -0.90▲ 26.8% | -1.27▼ 41.1% | -0.48▲ 62.2% | -0.25▲ 0% |
| EPS Growth % | 112.24% | 683.33% | -174.47% | -57.14% | -27.27% | -75.71% | 26.83% | -41.11% | 62.2% | 73.47% |
| EPS (Basic) | 0.07 | 0.47 | -0.35 | -0.55 | -0.70 | -1.23 | -0.90 | -1.27 | -0.48 | - |
| Diluted Shares Outstanding | 29.12M | 29.96M | 37.12M | 38.37M | 42.14M | 44.44M | 46.08M | 47.9M | 50.93M | 59.98M |
| Basic Shares Outstanding | 25.83M | 29.76M | 37.12M | 38.37M | 42.14M | 44.44M | 46.08M | 47.9M | 50.93M | 54.12M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
LASR Balance Sheet
nLIGHT, Inc. (LASR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 84.58M | 218.62M | 198.59M | 200.57M | 277.2M | 230.76M | 220.55M | 194.09M | 243.19M | 446.06M |
| Cash & Short-Term Investments | 36.69M | 149.48M | 117.25M | 102.28M | 146.53M | 108.22M | 112.88M | 100.7M | 133.63M | 332.59M |
| Cash Only | 36.69M | 149.48M | 117.25M | 102.28M | 146.53M | 57.83M | 53.21M | 65.83M | 98.7M | 298.21M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 50.39M | 59.67M | 34.87M | 34.93M | 34.38M |
| Accounts Receivable | 14.64M | 26.53M | 30.04M | 37.5M | 51.23M | 37.91M | 39.59M | 34.9M | 50.84M | 48.1M |
| Days Sales Outstanding | 38.57 | 50.6 | 62.07 | 61.44 | 69.22 | 57.17 | 68.83 | 64.15 | 71 | 60.66 |
| Inventory | 29.57M | 35.33M | 46.13M | 54.71M | 73.75M | 67.6M | 52.16M | 40.8M | 45.41M | 43.86M |
| Days Inventory Outstanding | 114.45 | 103.66 | 135.48 | 122.18 | 139.58 | 129.02 | 116.22 | 89.97 | 90.38 | 86.6 |
| Other Current Assets | 97K | 7.29M | 231K | 378K | 103K | 10.43M | 15.93M | 17.7M | 13.31M | 21.5M |
| Total Non-Current Assets | 25.57M | 31.51M | 51.37M | 83.07M | 96.41M | 98.48M | 86.25M | 76.15M | 74.92M | 69.63M |
| Property, Plant & Equipment | 20.19M | 21.46M | 27.75M | 56.78M | 73.15M | 74.59M | 64.92M | 57.76M | 57.13M | 55.16M |
| Fixed Asset Turnover | 6.86x | 8.92x | 6.37x | 3.92x | 3.69x | 3.25x | 3.23x | 3.44x | 4.57x | 5.21x |
| Goodwill | 1.39M | 1.39M | 9.87M | 12.48M | 12.42M | 12.38M | 12.4M | 12.35M | 12.45M | 12.43M |
| Intangible Assets | 1.84M | 2.69M | 10.01M | 8.35M | 6.7M | 4.04M | 1.65M | 833K | 0 | 0 |
| Long-Term Investments | 0 | -3.11M | -72K | -69K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 343K | 5.97M | 3.75M | 5.46M | 4.15M | 7.47M | 7.28M | 5.21M | 1.59M | 10.05M |
| Total Assets | 110.15M▲ 0% | 250.13M▲ 127.1% | 249.97M▼ 0.1% | 283.64M▲ 13.5% | 373.62M▲ 31.7% | 329.23M▼ 11.9% | 306.8M▼ 6.8% | 270.24M▼ 11.9% | 318.11M▲ 17.7% | 515.7M▲ 0% |
| Asset Turnover | 1.26x | 0.77x | 0.71x | 0.79x | 0.72x | 0.74x | 0.68x | 0.73x | 0.82x | 0.81x |
| Asset Growth % | 55.01% | 127.09% | -0.07% | 13.47% | 31.72% | -11.88% | -6.81% | -11.92% | 17.71% | 98.41% |
| Total Current Liabilities | 28.89M | 23.59M | 25.04M | 41.36M | 45.77M | 34.49M | 32.75M | 34.23M | 64.21M | 63.05M |
| Accounts Payable | 12.92M | 12.07M | 12.7M | 21.06M | 26.35M | 17.51M | 12.17M | 15.08M | 20.89M | 19.13M |
| Days Payables Outstanding | 50.01 | 35.41 | 37.3 | 47.03 | 49.87 | 33.41 | 27.11 | 33.24 | 41.58 | 34.49 |
| Short-Term Debt | 2.36M | 91K | 51K | 184K | 0 | 0 | 0 | 0 | 22.78M | 22.9M |
| Deferred Revenue (Current) | 961K | 720K | 679K | 2.53M | 1.63M | 1.41M | 4.85M | 3.58M | 1.49M | 10.39M |
| Other Current Liabilities | 5.52M | 3.98M | 3.24M | 0 | 0 | 0 | 0 | 0 | 4.21M | 36.05M |
| Current Ratio | 2.93x | 9.27x | 7.93x | 4.85x | 6.06x | 6.69x | 6.73x | 5.67x | 3.79x | 3.79x |
| Quick Ratio | 1.90x | 7.77x | 6.09x | 3.53x | 4.45x | 4.73x | 5.14x | 4.48x | 3.08x | 3.08x |
| Cash Conversion Cycle | 103.01 | 118.85 | 160.26 | 136.59 | 158.93 | 152.78 | 157.94 | 120.87 | 119.8 | 112.77 |
| Total Non-Current Liabilities | 19.97M | 8.76M | 8.32M | 22.37M | 25.71M | 23.9M | 19.63M | 19.58M | 27.15M | 23.41M |
| Long-Term Debt | 15.11M | 18K | 0 | 215K | 0 | 0 | 0 | 0 | 0 | 12.68M |
| Capital Lease Obligations | 0 | 0 | 0 | 10.38M | 14.61M | 12.85M | 10.98M | 9.82M | 13.43M | 32.02M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.9M | 2.9M |
| Other Non-Current Liabilities | 4.86M | 8.74M | 8.32M | 11.78M | 11.1M | 11.04M | 8.65M | 9.76M | 5.26M | 36.76M |
| Total Liabilities | 48.87M | 32.35M | 33.36M | 63.73M | 71.48M | 58.39M | 52.38M | 53.81M | 91.36M | 86.46M |
| Total Debt | 17.47M | 109K | 51K | 13.05M | 17.68M | 15.61M | 14.16M | 12.13M | 36.21M | 35.58M |
| Net Debt | -19.22M | -149.37M | -117.2M | -89.23M | -128.86M | -42.22M | -39.05M | -53.7M | -62.49M | -262.63M |
| Debt / Equity | 0.29x | 0.00x | 0.00x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.16x | 0.16x |
| Debt / EBITDA | 0.99x | 0.00x | - | - | - | - | - | - | - | -4.91x |
| Net Debt / EBITDA | -1.08x | -5.89x | - | - | - | - | - | - | - | 36.20x |
| Interest Coverage | 7.72x | - | - | - | -185.38x | - | - | - | -10.93x | -8.30x |
| Total Equity | 61.28M▲ 0% | 217.78M▲ 255.4% | 216.61M▼ 0.5% | 219.91M▲ 1.5% | 302.13M▲ 37.4% | 270.85M▼ 10.4% | 254.42M▼ 6.1% | 216.43M▼ 14.9% | 226.75M▲ 4.8% | 429.24M▲ 0% |
| Equity Growth % | 106.4% | 255.37% | -0.54% | 1.53% | 37.39% | -10.36% | -6.06% | -14.93% | 4.77% | 89.56% |
| Book Value per Share | 2.10 | 7.27 | 5.84 | 5.73 | 7.17 | 6.10 | 5.52 | 4.52 | 4.45 | 7.16 |
| Total Shareholders' Equity | 61.28M | 217.78M | 216.61M | 219.91M | 302.13M | 270.85M | 254.42M | 216.43M | 226.75M | 429.24M |
| Common Stock | 14K | 15K | 15K | 15K | 15K | 16K | 16K | 16K | 16K | 17K |
| Retained Earnings | -118.67M | -104.73M | -117.45M | -138.39M | -168.06M | -222.63M | -264.3M | -325.1M | -348.56M | -347.92M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -719K | -2.16M | -2.69M | -259K | -587K | -2.75M | -2.48M | -3.33M | -3.06M | -3.34M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
LASR Cash Flow Statement
nLIGHT, Inc. (LASR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 3.41M | 3.33M | -4.24M | 13.04M | -7.44M | -14.54M | 10.09M | -2.36M | 21.33M | 21.33M |
| Operating CF Margin % | 2.46% | 1.74% | -2.4% | 5.85% | -2.76% | -6.01% | 4.81% | -1.19% | 8.16% | - |
| Operating CF Growth % | -42.76% | -2.23% | -227.17% | 407.5% | -157.07% | -95.38% | 169.39% | -123.38% | 1004.2% | 49325.82% |
| Net Income | 1.84M | 13.94M | -12.88M | -20.93M | -29.67M | -54.58M | -41.67M | -60.79M | -23.47M | -14.73M |
| Depreciation & Amortization | 7.92M | 8.29M | 9.56M | 13.69M | 15.06M | 15.7M | 16.03M | 17.6M | 12.33M | 13.2M |
| Stock-Based Compensation | 369K | 4.8M | 9.73M | 25.46M | 37.72M | 26.76M | 25.83M | 24.96M | 33.41M | 38.24M |
| Deferred Taxes | -424K | -1.31M | 3.04M | -11K | 37K | 4K | 7K | -651K | 159K | 159K |
| Other Non-Cash Items | 1.15M | 46K | -400K | 3M | 3.2M | 5.81M | 1.84M | 4.63M | -1.73M | 12.4M |
| Working Capital Changes | -7.45M | -22.43M | -13.29M | -8.17M | -33.79M | -8.24M | 8.05M | 11.9M | 622K | -18.23M |
| Change in Receivables | -3.52M | -13.73M | -395K | -4.01M | -9.51M | 2.76M | 27K | 2.85M | -1.11M | -20.06M |
| Change in Inventory | -9.88M | -6.14M | -10.67M | -6.94M | -18.99M | 4.62M | 14.89M | 11.05M | -4.15M | 3K |
| Change in Payables | 2.49M | 172K | 844K | 7.31M | 3.46M | -5.9M | -4.5M | 3.23M | 5.89M | 2.23M |
| Cash from Investing | -5.48M | -11.68M | -30.4M | -24.54M | -21.85M | -72.38M | -14.1M | 16.69M | -8.77M | -7.71M |
| Capital Expenditures | -5.48M | -11.71M | -12.4M | -24.35M | -19.32M | -21.72M | -5.34M | -7.93M | -9.03M | -8.86M |
| CapEx % of Revenue | 3.96% | 6.12% | 7.02% | 10.93% | 7.15% | 8.97% | 2.54% | 4% | 3.46% | - |
| Acquisitions | 6K | 35K | -17.4M | -190K | -291K | -664K | 0 | 0 | 0 | 890K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 6K | 35K | -601K | 0 | -2.25M | 0 | 0 | 0 | 542K | -348K |
| Cash from Financing | 24.42M | 121.3M | 2.45M | -3.77M | 73.74M | -1.31M | -859K | -1.3M | 20.11M | 192.58M |
| Debt Issued (Net) | -2.82M | -17.36M | -55K | -115K | -428K | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 27.48M | 138.3M | 0 | 2.77M | 82.35M | 3.56M | 3.11M | 3.22M | 0 | 3.01M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -243K | 362K | 2.51M | -6.42M | -8.18M | -4.86M | -3.97M | -4.52M | 20.11M | 189.57M |
| Net Change in Cash | 23.19M▲ 0% | 112.79M▲ 386.4% | -32.23M▼ 128.6% | -14.72M▲ 54.3% | 44.21M▲ 400.3% | -88.71M▼ 300.6% | -4.61M▲ 94.8% | 12.62M▲ 373.7% | 32.93M▲ 160.9% | 216.02M▲ 0% |
| Free Cash Flow | -2.07M▲ 0% | -8.38M▼ 304.4% | -17.87M▼ 113.3% | -11.31M▲ 36.7% | -29M▼ 156.5% | -36.26M▼ 25.0% | 4.75M▲ 113.1% | -10.29M▼ 316.6% | 12.3M▲ 219.5% | 22.17M▲ 0% |
| FCF Margin % | -1.5% | -4.38% | -10.12% | -5.08% | -10.74% | -14.98% | 2.26% | -5.18% | 4.71% | 7.65% |
| FCF Growth % | -209.28% | -304.39% | -113.31% | 36.73% | -156.5% | -25.02% | 113.1% | -316.56% | 219.5% | 198.92% |
| FCF per Share | -0.07 | -0.28 | -0.48 | -0.29 | -0.69 | -0.82 | 0.10 | -0.21 | 0.24 | 0.24 |
| FCF Conversion (FCF/Net Income) | 1.86x | 0.24x | 0.33x | -0.62x | 0.25x | 0.27x | -0.24x | 0.04x | -0.91x | -1.51x |
| Interest Paid | 1.44M | 941K | 0 | 0 | 117K | 0 | 40K | 61K | 0 | 411K |
| Taxes Paid | 3.49M | 3.67M | 2.33M | 647K | 526K | 442K | 256K | 716K | 0 | 164K |
LASR Key Ratios
nLIGHT, Inc. (LASR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 4.04% | 9.99% | -5.93% | -9.59% | -11.37% | -19.05% | -15.87% | -25.82% | -10.59% | -5.4% |
| Return on Invested Capital (ROIC) | 18.86% | 23.17% | -8.86% | -13.72% | -14.91% | -20.57% | -15.8% | -26.04% | -12.18% | -12.18% |
| Gross Margin | 31.95% | 34.99% | 29.63% | 26.65% | 28.62% | 21% | 21.97% | 16.63% | 29.83% | 31.28% |
| Net Margin | 1.33% | 7.28% | -7.29% | -9.4% | -10.98% | -22.55% | -19.85% | -30.62% | -8.98% | -5.08% |
| Debt / Equity | 0.29x | 0.00x | 0.00x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.16x | 0.16x |
| Interest Coverage | 7.72x | - | - | - | -185.38x | - | - | - | -10.93x | -8.30x |
| FCF Conversion | 1.86x | 0.24x | 0.33x | -0.62x | 0.25x | 0.27x | -0.24x | 0.04x | -0.91x | -1.51x |
| Revenue Growth | 36.77% | 38.09% | -7.7% | 26.14% | 21.26% | -10.4% | -13.28% | -5.42% | 31.62% | 40.91% |
LASR SEC Filings & Documents
nLIGHT, Inc. (LASR) SEC filings — annual & quarterly reports (10-K, 10-Q)
LASR Frequently Asked Questions
nLIGHT, Inc. (LASR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
nLIGHT, Inc. (LASR) reported $289.8M in revenue for fiscal year 2025. This represents a 186% increase from $101.3M in 2016.
nLIGHT, Inc. (LASR) grew revenue by 31.6% over the past year. This is strong growth.
nLIGHT, Inc. (LASR) reported a net loss of $14.7M for fiscal year 2025.
Dividend & Returns
nLIGHT, Inc. (LASR) has a return on equity (ROE) of -10.6%. Negative ROE indicates the company is unprofitable.
nLIGHT, Inc. (LASR) generated $22.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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nLIGHT, Inc. (LASR) financial analysis — history, returns, DCA and operating performance tools
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