Luminar Technologies, Inc. (LAZR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Luminar Technologies, Inc. (LAZR) stock price & volume — 10-year historical chart
Luminar Technologies, Inc. (LAZR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Luminar Technologies, Inc. (LAZR) competitors in Safety, ADAS and Sensors — business model, growth, and fundamentals comparison
Luminar Technologies, Inc. (LAZR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Luminar Technologies, Inc. (LAZR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 11.69M | 12.6M | 13.95M | 31.94M | 40.7M | 69.78M | 75.39M | 75.75M |
| Revenue Growth % | - | 7.78% | 10.7% | 128.97% | 27.4% | 71.46% | 8.05% | 0.97% |
| Cost of Goods Sold | 10.94M | 16.66M | 24.95M | 46.09M | 100.98M | 142.47M | 101.08M | 91.88M |
| COGS % of Revenue | 93.56% | 132.16% | 178.85% | 144.29% | 248.13% | 204.17% | 134.07% | - |
| Gross Profit | 753K▲ 0% | -4.05M▼ 638.2% | -11M▼ 171.4% | -14.15M▼ 28.6% | -60.28M▼ 326.1% | -72.69M▼ 20.6% | -25.69M▲ 64.7% | -16.13M▲ 0% |
| Gross Margin % | 6.44% | -32.16% | -78.85% | -44.29% | -148.13% | -104.17% | -34.07% | -21.29% |
| Gross Profit Growth % | - | -638.25% | -171.43% | -28.61% | -326.1% | -20.58% | 64.66% | - |
| Operating Expenses | 21.98K | 58.56M | 75.87M | 200.4M | 382.12M | 490.62M | 409.35M | 235.97M |
| OpEx % of Revenue | 0.19% | 464.7% | 543.86% | 627.36% | 938.91% | 703.1% | 542.94% | - |
| Selling, General & Admin | 20.55K | 21.59M | 37.22M | 111.54M | 196.83M | 212.91M | 161.26M | 61.2M |
| SG&A % of Revenue | 0.18% | 171.33% | 266.81% | 349.18% | 483.65% | 305.12% | 213.89% | - |
| Research & Development | 40.09M | 36.97M | 38.65M | 88.86M | 185.28M | 262.22M | 231.67M | 160.36M |
| R&D % of Revenue | 342.84% | 293.37% | 277.05% | 278.18% | 455.26% | 375.78% | 307.27% | - |
| Other Operating Expenses | -1.43K | 0 | 0 | 0 | 0 | 15.49M | 16.42M | 2.29M |
| Operating Income | -21.98K▲ 0% | -62.62M▼ 284772.6% | -86.88M▼ 38.7% | -214.55M▼ 147.0% | -442.4M▼ 106.2% | -563.31M▼ 27.3% | -435.04M▲ 22.8% | -252.1M▲ 0% |
| Operating Margin % | -0.19% | -496.87% | -622.72% | -671.65% | -1087.04% | -807.27% | -577.01% | -332.79% |
| Operating Income Growth % | - | -284772.61% | -38.74% | -146.97% | -106.2% | -27.33% | 22.77% | - |
| EBITDA | 1.47M | -60.3M | -84.36M | -206.69M | -430.6M | -529.7M | -401.29M | -228.58M |
| EBITDA Margin % | 12.59% | -478.49% | -604.67% | -647.02% | -1058.03% | -759.11% | -532.24% | -301.74% |
| EBITDA Growth % | - | -4196.34% | -39.9% | -145.01% | -108.34% | -23.01% | 24.24% | 52.6% |
| D&A (Non-Cash Add-back) | 1.49M | 2.32M | 2.52M | 7.87M | 11.8M | 33.61M | 33.75M | 23.52M |
| EBIT | -64.23M | -97.18M | -359.14M | -237.22M | -434.17M | -558.52M | -414.22M | -184.78M |
| Net Interest Income | 0 | -1.51M | -2.88M | 518K | -5.4M | 2.06M | -16.61M | -43.47M |
| Interest Income | 2.64M | 731K | 0 | 2.55M | 5.7M | 13.11M | 10.42M | 6.06M |
| Interest Expense | 0 | 2.24M | 2.88M | 2.03M | 11.1M | 11.05M | 27.03M | 49.53M |
| Other Income/Expense | 0 | -32.1M | -275.42M | -24.7M | -2.87M | -6.26M | 161.15M | 17.79M |
| Pretax Income | -21.98K▲ 0% | -94.72M▼ 430730.1% | -362.3M▼ 282.5% | -239.25M▲ 34.0% | -445.27M▼ 86.1% | -569.57M▼ 27.9% | -273.88M▲ 51.9% | -234.31M▲ 0% |
| Pretax Margin % | -0.19% | -751.61% | -2596.93% | -748.96% | -1094.08% | -816.25% | -363.26% | -309.31% |
| Income Tax | 0 | 0 | 0 | -1.26M | 672K | 1.7M | -743K | -651K |
| Effective Tax Rate % | 0% | 0% | 0% | 0.53% | -0.15% | -0.3% | 0.27% | 0.28% |
| Net Income | -21.98K▲ 0% | -94.72M▼ 430730.1% | -362.3M▼ 282.5% | -237.99M▲ 34.3% | -445.94M▼ 87.4% | -571.27M▼ 28.1% | -273.14M▲ 52.2% | -233.66M▲ 0% |
| Net Margin % | -0.19% | -751.61% | -2596.93% | -745.01% | -1095.73% | -818.68% | -362.28% | -308.45% |
| Net Income Growth % | - | -430730.11% | -282.5% | 34.31% | -87.38% | -28.1% | 52.19% | 38.07% |
| Net Income (Continuing) | -21.98K | -94.72M | -362.3M | -237.99M | -445.94M | -571.27M | -273.14M | -233.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.00▲ 0% | -4.49▼ 448900.0% | -17.09▼ 280.6% | -10.31▲ 39.7% | -18.78▼ 82.2% | -22.01▼ 17.2% | -8.70▲ 60.5% | -3.37▲ 0% |
| EPS Growth % | - | - | -280.62% | 39.67% | -82.15% | -17.2% | 60.47% | 61.9% |
| EPS (Basic) | -0.00 | -4.49 | -17.09 | -10.31 | -18.78 | -22.01 | -8.70 | - |
| Diluted Shares Outstanding | 21.6M | 21.6M | 21.6M | 23.09M | 23.75M | 25.96M | 31.41M | 69.28M |
| Basic Shares Outstanding | 21.6M | 21.6M | 21.6M | 23.09M | 23.75M | 25.96M | 31.41M | 69.28M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Luminar Technologies, Inc. (LAZR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 52.49K | 41.47M | 500.81M | 845.39M | 554.59M | 350.62M | 245.23M | 122.17M |
| Cash & Short-Term Investments | 52.49K | 33.74M | 485.65M | 792.12M | 488.87M | 289.82M | 182.67M | 76.6M |
| Cash Only | 52.49K | 27.08M | 208.94M | 329.98M | 69.55M | 139.09M | 82.84M | 57.09M |
| Short-Term Investments | 0 | 6.66M | 276.71M | 462.14M | 419.31M | 150.73M | 99.83M | 19.51M |
| Accounts Receivable | 2.48M | 1.68M | 8.23M | 25.75M | 31.8M | 31.6M | 37.17M | 22.02M |
| Days Sales Outstanding | 77.48 | 48.57 | 215.35 | 294.19 | 285.23 | 165.3 | 179.97 | 154.14 |
| Inventory | 2.93M | 4M | 3.61M | 10.34M | 8.79M | 12.2M | 14.91M | 16.14M |
| Days Inventory Outstanding | 97.63 | 87.71 | 52.85 | 81.9 | 31.78 | 31.25 | 53.83 | 62.58 |
| Other Current Assets | 2M | 1.22M | 775K | 2.54M | 9.47M | 1.53M | 2.16M | 0 |
| Total Non-Current Assets | 437.38K | 10.4M | 9.54M | 38.14M | 132.74M | 161.75M | 119.99M | 81.34M |
| Property, Plant & Equipment | 8.44M | 7.87M | 7.69M | 20.15M | 51.5M | 109.01M | 83.76M | 54.91M |
| Fixed Asset Turnover | 1.39x | 1.60x | 1.81x | 1.58x | 0.79x | 0.64x | 0.90x | 1.06x |
| Goodwill | 701K | 701K | 701K | 3.11M | 18.82M | 7.39M | 3.99M | 1.75M |
| Intangible Assets | 0 | 0 | 0 | 2.42M | 22.08M | 22.99M | 15.56M | 10.99M |
| Long-Term Investments | 0 | -2.35K | 0 | 10M | 4M | 14M | 10M | 40M |
| Other Non-Current Assets | -8.7M | 1.83M | 1.15M | 12.46M | 36.34M | 8.36M | 6.68M | 20.09M |
| Total Assets | 489.86K▲ 0% | 51.86M▲ 10487.4% | 510.35M▲ 884.0% | 883.54M▲ 73.1% | 687.33M▼ 22.2% | 512.37M▼ 25.5% | 365.21M▼ 28.7% | 203.52M▲ 0% |
| Asset Turnover | 23.87x | 0.24x | 0.03x | 0.04x | 0.06x | 0.14x | 0.21x | 0.26x |
| Asset Growth % | - | 10487.43% | 884.02% | 73.12% | -22.21% | -25.46% | -28.72% | -140.47% |
| Total Current Liabilities | 486.85K | 14.77M | 16.59M | 39M | 77.54M | 83.87M | 60.59M | 62.67M |
| Accounts Payable | 0 | 3.46M | 6.04M | 14.42M | 18.63M | 21.11M | 18.97M | 21.39M |
| Days Payables Outstanding | - | 75.74 | 88.34 | 114.18 | 67.32 | 54.09 | 68.5 | 97.06 |
| Short-Term Debt | 150K | 7.79M | 99K | 4.83M | 0 | 0 | 0 | 7.36M |
| Deferred Revenue (Current) | -3.83M | 225K | 2.28M | 898K | 9.52M | 11.92M | 1.92M | 7.83M |
| Other Current Liabilities | -7.31M | 2.32M | 3.61M | -2.82M | 3.58M | 4.15M | 850K | 23.55M |
| Current Ratio | 0.11x | 2.81x | 30.19x | 21.68x | 7.15x | 4.18x | 4.05x | 4.05x |
| Quick Ratio | -5.90x | 2.54x | 29.97x | 21.41x | 7.04x | 4.04x | 3.80x | 3.80x |
| Cash Conversion Cycle | - | 60.54 | 179.86 | 261.91 | 249.68 | 142.46 | 165.3 | 119.66 |
| Total Non-Current Liabilities | 134.06M | 248.82M | 345.02M | 646.55M | 636.19M | 653.24M | 525.41M | 442.41M |
| Long-Term Debt | 131.89M | 1.55M | 302K | 608.96M | 612.19M | 615.43M | 500.52M | 429.18M |
| Capital Lease Obligations | 111K | 295K | 492K | 5.77M | 16.99M | 35.08M | 24.08M | 73.54M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.06M | 246.97M | 344.23M | 31.83M | 7.01M | 2.74M | 815K | 1.32M |
| Total Liabilities | 486.85K | 263.59M | 361.61M | 685.55M | 713.73M | 737.12M | 586M | 505.08M |
| Total Debt | 150K | 9.8M | 893K | 624.29M | 635.13M | 660.66M | 534.65M | 449.59M |
| Net Debt | 97.51K | -17.28M | -208.05M | 294.31M | 565.58M | 521.57M | 451.81M | 392.5M |
| Debt / Equity | 49.75x | - | 0.01x | 3.15x | - | - | - | -1.49x |
| Debt / EBITDA | 0.10x | - | - | - | - | - | - | -1.97x |
| Net Debt / EBITDA | 0.07x | - | - | - | - | - | - | -1.72x |
| Interest Coverage | - | -27.97x | -30.11x | -105.79x | -39.87x | -50.99x | -16.09x | -3.73x |
| Total Equity | 3.02K▲ 0% | -211.73M▼ 7022653.9% | 148.74M▲ 170.3% | 197.99M▲ 33.1% | -26.41M▼ 113.3% | -224.75M▼ 751.2% | -220.79M▲ 1.8% | -301.56M▲ 0% |
| Equity Growth % | - | -7022653.9% | 170.25% | 33.11% | -113.34% | -751.16% | 1.76% | 18.9% |
| Book Value per Share | 0.00 | -9.80 | 6.89 | 8.58 | -1.11 | -8.66 | -7.03 | -4.35 |
| Total Shareholders' Equity | 3.02K | -211.73M | 148.74M | 197.99M | -26.41M | -224.75M | -220.79M | -301.56M |
| Common Stock | 1.08K | 14K | 33K | 37K | 39K | 44K | 4K | 8K |
| Retained Earnings | -21.98K | -222.2M | -584.5M | -822.49M | -1.27B | -1.84B | -2.11B | -2.3B |
| Treasury Stock | 0 | 0 | 0 | -235.87M | -312.48M | -312.48M | -312.48M | -312.48M |
| Accumulated OCI | 0 | -1K | 34K | -908K | -4.23M | 2K | -295K | -456K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Luminar Technologies, Inc. (LAZR) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -122.51K | -60.2M | -75.64M | -148.42M | -208.23M | -247.3M | -276.63M | -276.63M |
| Operating CF Margin % | -1.05% | -477.71% | -542.2% | -464.63% | -511.65% | -354.41% | -366.91% | - |
| Operating CF Growth % | - | -49039.26% | -25.65% | -96.22% | -40.3% | -18.76% | -11.86% | 73.01% |
| Net Income | -21.98K | -94.72M | -362.3M | -237.99M | -445.94M | -571.27M | -273.14M | -233.66M |
| Depreciation & Amortization | 1.49M | 2.32M | 2.52M | 7.87M | 11.8M | 33.61M | 33.75M | 25.02M |
| Stock-Based Compensation | 2.06M | 2.7M | 8.71M | 77.68M | 162.41M | 207.13M | 139.13M | 22.07M |
| Deferred Taxes | 0 | -2.35K | 0 | -1.26M | 232K | -64K | -582K | 60K |
| Other Non-Cash Items | 16.62M | 32.01M | 277.37M | 45.21M | 57.41M | 94.88M | -135.79M | -8.69M |
| Working Capital Changes | -100.53K | -2.51M | -1.94M | -39.93M | 5.86M | -11.59M | -40.01M | -12.67M |
| Change in Receivables | -364K | 805K | -4.29M | -6.23M | 5.14M | -2.95M | 916K | 930K |
| Change in Inventory | -6.05M | -2.45M | -4.02M | -10.75M | -10.48M | -22.95M | -19.31M | -2.75M |
| Change in Payables | 0 | -431K | 2.62M | 3.84M | 5.3M | 3.66M | -2.64M | -8.68M |
| Cash from Investing | -4.39M | -7.78M | -271.79M | -194.19M | 27.99M | 236.63M | 42.46M | 66.05M |
| Capital Expenditures | -4.39M | -1.49M | -2.2M | -6.43M | -18.06M | -21.91M | -5.09M | -1.61M |
| CapEx % of Revenue | 37.53% | 11.8% | 15.78% | 20.14% | 44.39% | 31.41% | 6.75% | - |
| Acquisitions | 0 | 368K | 0 | 358K | -2.76M | -12.61M | -3.53M | 542K |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 599K | 53K | -2M | 0 | 135K | -1.66M |
| Cash from Financing | 175K | 85.46M | 529.85M | 463.59M | -79.35M | 80.2M | 178.26M | 82.77M |
| Debt Issued (Net) | 67.84M | 22.11M | -11.23M | 608.97M | 0 | 0 | 89.2M | 0 |
| Equity Issued (Net) | -2K | -13K | 1000K | -1000K | -1000K | 1000K | 1000K | 3.39M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -2K | -13K | -10K | -231.6M | -80.88M | 0 | 0 | 0 |
| Other Financing | -67.66M | 63.36M | 357.22M | 86.22M | 1.53M | 10.01M | -296K | -937K |
| Net Change in Cash | -4.34M▲ 0% | 17.48M▲ 503.1% | 182.41M▲ 943.7% | 120.98M▼ 33.7% | -259.6M▼ 314.6% | 69.52M▲ 126.8% | -55.9M▼ 180.4% | -59.05M▲ 0% |
| Free Cash Flow | -4.51M▲ 0% | -61.69M▼ 1267.6% | -77.84M▼ 26.2% | -154.85M▼ 98.9% | -226.3M▼ 46.1% | -269.22M▼ 19.0% | -281.72M▼ 4.6% | -209.48M▲ 0% |
| FCF Margin % | -38.58% | -489.51% | -557.98% | -484.77% | -556.04% | -385.82% | -373.66% | -276.53% |
| FCF Growth % | - | -1267.65% | -26.19% | -98.93% | -46.14% | -18.97% | -4.64% | 23.13% |
| FCF per Share | -0.21 | -2.86 | -3.60 | -6.71 | -9.53 | -10.37 | -8.97 | -8.97 |
| FCF Conversion (FCF/Net Income) | 5.57x | 0.64x | 0.21x | 0.62x | 0.47x | 0.43x | 1.01x | 0.90x |
| Interest Paid | 0 | 0 | 2.79M | 215K | 7.77M | 7.81M | 14.84M | 30.69M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Luminar Technologies, Inc. (LAZR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -243.58% | -137.28% | -519.8% | - | - | 90.57% |
| Return on Invested Capital (ROIC) | - | - | -74.33% | -64.34% | -101.07% | -123.63% | -123.63% |
| Gross Margin | -32.16% | -78.85% | -44.29% | -148.13% | -104.17% | -34.07% | -21.29% |
| Net Margin | -751.61% | -2596.93% | -745.01% | -1095.73% | -818.68% | -362.28% | -308.45% |
| Debt / Equity | - | 0.01x | 3.15x | - | - | - | -1.49x |
| Interest Coverage | -27.97x | -30.11x | -105.79x | -39.87x | -50.99x | -16.09x | -3.73x |
| FCF Conversion | 0.64x | 0.21x | 0.62x | 0.47x | 0.43x | 1.01x | 0.90x |
| Revenue Growth | 7.78% | 10.7% | 128.97% | 27.4% | 71.46% | 8.05% | 0.97% |
Luminar Technologies, Inc. (LAZR) stock FAQ — growth, dividends, profitability & financials explained
Luminar Technologies, Inc. (LAZR) reported $75.8M in revenue for fiscal year 2024. This represents a 548% increase from $11.7M in 2018.
Luminar Technologies, Inc. (LAZR) grew revenue by 8.0% over the past year. This is steady growth.
Luminar Technologies, Inc. (LAZR) reported a net loss of $233.7M for fiscal year 2024.
Luminar Technologies, Inc. (LAZR) had negative free cash flow of $209.5M in fiscal year 2024, likely due to heavy capital investments.
Luminar Technologies, Inc. (LAZR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates