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LightPath Technologies, Inc.(LPTH)Earnings, Financials & Key Ratios
LPTH•NASDAQ
$12.87
$561M mkt cap·Price updated May 6, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryPhotonics, Lasers and Optical Components
AboutLightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries. The company sells its products directly to customers in North America, Europe, and Asia, as well as through distributors and catalogs in the United States and internationally. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.Show more
- Revenue$37M+17.3%
- EBITDA-$8M-103.1%
- Net Income-$15M-85.7%
- EPS (Diluted)-0.36-71.4%
- Gross Margin27.23%
- EBITDA Margin-20.63%-73.2%
- Operating Margin-31.78%-28.8%
- Net Margin-39.98%-58.4%
- ROE-64.89%-168.0%
- ROIC-28.14%-93.5%
- Debt/Equity0.97+183.0%
- Interest Coverage-8.10+77.8%
LPTH Key Insights
LightPath Technologies, Inc. (LPTH) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 94 (top 6%)
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Expensive at 33.6x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
LPTH Price & Volume
LightPath Technologies, Inc. (LPTH) stock price & volume — 10-year historical chart
Loading chart...
LPTH Growth Metrics
LightPath Technologies, Inc. (LPTH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.54%
5 Years1.25%
3 Years1.52%
TTM64.15%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-149.69%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-122.94%
Return on Capital
10 Years-2.3%
5 Years-11.75%
3 Years-16.2%
Last Year-22.64%
LPTH Recent Earnings
LightPath Technologies, Inc. (LPTH) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 6/12 qtrs (50%)
Q1 2026Latest
Feb 11, 2026EPS
$0.03
Est $0.04
+25.0%
Revenue
$16M
Est $15M
+9.3%
Q4 2025
Nov 11, 2025EPS
$0.05
Est $0.06
+16.7%
Revenue
$15M
Est $15M
+1.3%
Q4 2025
Sep 25, 2025EPS
$0.07
Est $0.03
-133.3%
Revenue
$12M
Est $12M
+0.1%
Q2 2025
May 15, 2025EPS
$0.10
Est $0.05
-100.0%
Revenue
$9M
Est $12M
-24.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 11, 2026 | $0.03vs $0.04+25.0% | $16Mvs $15M+9.3% |
| Q4 2025 | Nov 11, 2025 | $0.05vs $0.06+16.7% | $15Mvs $15M+1.3% |
| Q4 2025 | Sep 25, 2025 | $0.07vs $0.03-133.3% | $12Mvs $12M+0.1% |
| Q2 2025 | May 15, 2025 | $0.10vs $0.05-100.0% | $9Mvs $12M-24.9% |
Based on last 12 quarters of dataView full earnings history →
LPTH Peer Comparison
LightPath Technologies, Inc. (LPTH) competitors in Photonics, Lasers and Optical 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 |
|---|---|---|---|---|---|---|---|---|
 VIAV | 12.26B | 53.00 | 353.33 | 8.39% | -4.03% | -6.92% | 0.89 | |
 OESX | 32.22M | 9.07 | -2.52 | -11.99% | -5.62% | -0.04% | 0.87 | |
 POET | 1.48B | 9.72 | -10.34 | -91.11% | -66.28% | -76.09% | 0.35 | |
 COHR | 54.66B | 344.67 | -662.83 | 23.42% | 10.59% | 6.94% | 0.46 | |
 LITE | 67.42B | 944.28 | 2552.11 | 21.03% | 17.68% | 30.68% | 2.30 | |
 NPKI | 1.33B | 15.71 | 37.40 | 27.38% | 12.36% | 10.34% | 0.10 | |
 MKSI | 19.78B | 293.77 | 67.22 | 9.62% | 7.51% | 11.54% | 1.73 | |
 TDY | 29.83B | 644.13 | 34.12 | 7.86% | 15.15% | 8.94% | 0.25 |
Compare LPTH vs Peers
LightPath Technologies, Inc. (LPTH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LPTH Income Statement
LightPath Technologies, Inc. (LPTH) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 28.37M | 32.53M | 33.75M | 34.97M | 38.46M | 35.56M | 32.93M | 31.73M | 37.2M | 52.79M |
| Revenue Growth % | 64.24% | 14.66% | 3.76% | 3.61% | 10% | -7.55% | -7.38% | -3.67% | 17.26% | 64.15% |
| Cost of Goods Sold | 13.65M | 20M | 21.23M | 21.13M | 25.02M | 23.74M | 21.86M | 23.09M | 27.07M | 37.38M |
| COGS % of Revenue | 48.11% | 61.48% | 62.91% | 60.41% | 65.04% | 66.77% | 66.37% | 72.79% | 72.77% | - |
| Gross Profit | 14.72M▲ 0% | 12.53M▼ 14.9% | 12.52M▼ 0.1% | 13.84M▲ 10.6% | 13.45M▼ 2.9% | 11.81M▼ 12.1% | 11.07M▼ 6.3% | 8.63M▼ 22.1% | 10.13M▲ 17.4% | 15.41M▲ 0% |
| Gross Margin % | 51.89% | 38.52% | 37.09% | 39.59% | 34.96% | 33.23% | 33.63% | 27.21% | 27.23% | 29.19% |
| Gross Profit Growth % | 58.2% | -14.89% | -0.07% | 10.57% | -2.85% | -12.14% | -6.26% | -22.06% | 17.37% | - |
| Operating Expenses | 10.58M | 12.15M | 13.74M | 11.7M | 15.29M | 14.44M | 14.63M | 16.46M | 21.95M | 26.11M |
| OpEx % of Revenue | 37.3% | 37.37% | 40.7% | 33.45% | 39.75% | 40.61% | 44.42% | 51.87% | 59.01% | - |
| Selling, General & Admin | 8.65M | 9.22M | 10.5M | 0 | 0 | 0 | 0 | 0 | 0 | 9.44M |
| SG&A % of Revenue | 30.5% | 28.34% | 31.11% | - | - | - | - | - | - | - |
| Research & Development | 1.24M | 1.62M | 2.02M | 1.71M | 2.17M | 2.09M | 2.15M | 2.4M | 3.06M | 3.44M |
| R&D % of Revenue | 4.36% | 4.98% | 5.98% | 4.9% | 5.63% | 5.87% | 6.51% | 7.57% | 8.24% | - |
| Other Operating Expenses | 105.64K | 241.04K | 1.22M | 9.98M | 13.12M | 12.36M | 12.48M | 14.06M | 18.89M | 3M |
| Operating Income | 4.14M▲ 0% | 373.57K▼ 91.0% | -1.61M▼ 529.7% | 2.15M▲ 233.7% | -1.84M▼ 185.9% | -2.63M▼ 42.6% | -3.55M▼ 35.3% | -7.83M▼ 120.2% | -11.82M▼ 51.1% | -10.71M▲ 0% |
| Operating Margin % | 14.58% | 1.15% | -4.76% | 6.13% | -4.79% | -7.39% | -10.79% | -24.67% | -31.78% | -20.28% |
| Operating Income Growth % | 105.89% | -90.97% | -529.66% | 233.65% | -185.86% | -42.64% | -35.3% | -120.19% | -51.06% | - |
| EBITDA | 6.22M | 3.78M | 1.86M | 5.57M | 1.67M | 990.51K | -379.97K | -3.78M | -7.67M | -6M |
| EBITDA Margin % | 21.92% | 11.61% | 5.51% | 15.93% | 4.34% | 2.79% | -1.15% | -11.91% | -20.63% | -11.36% |
| EBITDA Growth % | 117.59% | -39.25% | -50.78% | 199.59% | -70.06% | -40.6% | -138.36% | -894.35% | -103.1% | -28.8% |
| D&A (Non-Cash Add-back) | 2.08M | 3.4M | 3.46M | 3.42M | 3.51M | 3.62M | 3.17M | 4.05M | 4.15M | 4.71M |
| EBIT | 3.78M | 419.98K | -1.53M | 2.04M | -1.28M | -2.62M | -3.63M | -7M | -9.06M | -8.06M |
| Net Interest Income | -413.43K | -186.95K | -697.11K | -339.45K | -215.35K | -229.47K | -283.27K | -191.86K | -1.12M | -1.35M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 413.43K | 186.95K | 697.11K | 339.45K | 215.35K | 229.47K | 283.27K | 191.86K | 1.12M | 1.35M |
| Other Income/Expense | -775.33K | -140.54K | -1.09M | -514.28K | -409.52K | -52.04K | -258.3K | -113.19K | -3.01M | -12.14M |
| Pretax Income | 3.36M▲ 0% | 233.03K▼ 93.1% | -2.23M▼ 1054.9% | 1.63M▲ 173.3% | -2.25M▼ 238.0% | -2.68M▼ 19.0% | -3.81M▼ 42.3% | -7.94M▼ 108.2% | -14.84M▼ 86.8% | -22.85M▲ 0% |
| Pretax Margin % | 11.85% | 0.72% | -6.59% | 4.66% | -5.85% | -7.53% | -11.58% | -25.03% | -39.88% | -43.28% |
| Income Tax | -4.34M | -827.08K | 455.21K | 764K | 933.91K | 862.91K | 234.03K | 67.49K | 37.79K | 89.45K |
| Effective Tax Rate % | -129.14% | -354.93% | -20.46% | 46.84% | -41.48% | -32.21% | -6.14% | -0.85% | -0.25% | -0.39% |
| Net Income | 7.7M▲ 0% | 1.06M▼ 86.2% | -2.68M▼ 352.8% | 866.93K▲ 132.3% | -3.19M▼ 467.4% | -3.54M▼ 11.2% | -4.05M▼ 14.2% | -8.01M▼ 97.9% | -14.87M▼ 85.7% | -22.94M▲ 0% |
| Net Margin % | 27.15% | 3.26% | -7.94% | 2.48% | -8.28% | -9.96% | -12.29% | -25.24% | -39.98% | -43.45% |
| Net Income Growth % | 444.54% | -86.24% | -352.84% | 132.34% | -467.42% | -11.21% | -14.25% | -97.87% | -85.74% | -149.69% |
| Net Income (Continuing) | 7.7M | 1.06M | -2.68M | 866.93K | -3.19M | -3.54M | -4.05M | -8.01M | -14.87M | -22.94M |
| 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) | 0.36▲ 0% | 0.04▼ 89.0% | -0.10▼ 353.2% | 0.03▲ 131.6% | -0.12▼ 479.7% | -0.13▼ 8.3% | -0.13▲ 0.0% | -0.21▼ 61.5% | -0.36▼ 71.4% | -0.49▲ 0% |
| EPS Growth % | 350% | -89.03% | -353.16% | 131.6% | -479.75% | -8.33% | 0% | -61.54% | -71.43% | -122.94% |
| EPS (Basic) | 0.39 | 0.04 | -0.10 | 0.03 | -0.12 | -0.13 | -0.13 | -0.21 | -0.36 | - |
| Diluted Shares Outstanding | 21.67M | 26.81M | 25.79M | 27.47M | 26.31M | 27.02M | 31.64M | 37.94M | 40.87M | 47M |
| Basic Shares Outstanding | 20M | 26.5M | 25.79M | 25.85M | 26.31M | 27.02M | 31.64M | 37.94M | 40.87M | 47M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
LPTH Balance Sheet
LightPath Technologies, Inc. (LPTH) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 19.72M | 19.39M | 19.61M | 21.26M | 20.7M | 18.17M | 21.76M | 15.54M | 28.37M | 97M |
| Cash & Short-Term Investments | 8.09M | 5.51M | 4.6M | 5.39M | 6.77M | 5.51M | 4.69M | 3.48M | 4.88M | 73.57M |
| Cash Only | 8.09M | 5.51M | 4.6M | 5.39M | 6.77M | 5.51M | 4.69M | 3.48M | 4.88M | 73.57M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.92M | 5.42M | 6.56M | 6.32M | 4.79M | 5.21M | 6.63M | 4.93M | 9.46M | 8.58M |
| Days Sales Outstanding | 76.16 | 60.79 | 71 | 65.98 | 45.49 | 53.49 | 73.53 | 56.71 | 92.77 | 60.99 |
| Inventory | 5.07M | 6.4M | 7.68M | 8.98M | 8.66M | 6.99M | 7.41M | 6.55M | 12.86M | 13.49M |
| Days Inventory Outstanding | 135.71 | 116.9 | 132.12 | 155.23 | 126.34 | 107.38 | 123.74 | 103.54 | 173.37 | 126.69 |
| Other Current Assets | 0 | 1M | 0 | 0 | 0 | 0 | 2.46M | 131.18K | 40.15K | 23.19K |
| Total Non-Current Assets | 26.95M | 27.73M | 26.36M | 26.32M | 33.91M | 32.54M | 31.78M | 32.55M | 53.13M | 51.56M |
| Property, Plant & Equipment | 10.32M | 11.81M | 11.73M | 13.02M | 22.3M | 22.06M | 22.38M | 21.95M | 23.29M | 22.61M |
| Fixed Asset Turnover | 2.75x | 2.75x | 2.88x | 2.69x | 1.73x | 1.61x | 1.47x | 1.45x | 1.60x | 2.33x |
| Goodwill | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 6.76M | 13.75M | 13.75M |
| Intangible Assets | 10.38M | 9.06M | 7.84M | 6.71M | 5.58M | 4.46M | 3.33M | 3.65M | 15.99M | 15.09M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 112.32K | 381.94K | 289.49K | 75.73K | 27.74K | 27.74K | 65.94K | 59.6K | 73.92K | 327.87K |
| Total Assets | 46.67M▲ 0% | 47.12M▲ 1.0% | 45.97M▼ 2.4% | 47.57M▲ 3.5% | 54.61M▲ 14.8% | 50.71M▼ 7.1% | 53.54M▲ 5.6% | 48.09M▼ 10.2% | 81.51M▲ 69.5% | 148.56M▲ 0% |
| Asset Turnover | 0.61x | 0.69x | 0.73x | 0.74x | 0.70x | 0.70x | 0.62x | 0.66x | 0.46x | 0.53x |
| Asset Growth % | 199.39% | 0.95% | -2.43% | 3.48% | 14.79% | -7.14% | 5.57% | -10.18% | 69.5% | 437.59% |
| Total Current Liabilities | 5.75M | 5.8M | 6.36M | 7.4M | 8.45M | 7.73M | 6.83M | 8.04M | 17.1M | 24.42M |
| Accounts Payable | 1.54M | 2.03M | 2.23M | 2.56M | 2.92M | 3.07M | 2.57M | 3.23M | 7.42M | 5.98M |
| Days Payables Outstanding | 41.08 | 37.1 | 38.3 | 44.21 | 42.67 | 47.25 | 42.98 | 51.08 | 100.06 | 60.14 |
| Short-Term Debt | 1.11M | 1.46M | 581.35K | 981.35K | 634.85K | 998.69K | 1.02M | 209.17K | 172.57K | 115.77K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 86.56K | 72.15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 3.43x | 3.34x | 3.09x | 2.87x | 2.45x | 2.35x | 3.18x | 1.93x | 1.66x | 1.66x |
| Quick Ratio | 2.55x | 2.24x | 1.88x | 1.66x | 1.43x | 1.45x | 2.10x | 1.12x | 0.91x | 0.91x |
| Cash Conversion Cycle | 170.79 | 140.59 | 164.81 | 177 | 129.16 | 113.62 | 154.29 | 109.17 | 166.08 | 127.55 |
| Total Non-Current Liabilities | 11.2M | 5.96M | 6.16M | 5.6M | 12.59M | 13.25M | 10.75M | 9.85M | 48.76M | 46.2M |
| Long-Term Debt | 9.93M | 5.12M | 5M | 4.44M | 4.06M | 3.22M | 1.55M | 325.88K | 4.8M | 135.07K |
| Capital Lease Obligations | 142.1K | 550.13K | 640.28K | 1.17M | 8.53M | 9.49M | 8.73M | 8.59M | 8.75M | 33.98M |
| Deferred Tax Liabilities | 182.35K | 0 | 0 | 0 | 0 | 541.01K | 465K | 326.2K | 152.76K | 1.89M |
| Other Non-Current Liabilities | 949.34K | 290.8K | 518.36K | 0 | 0 | 0 | 0 | 611.62K | 35.06M | 146.12M |
| Total Liabilities | 16.95M | 11.76M | 12.51M | 13.01M | 21.03M | 20.98M | 17.58M | 17.89M | 65.86M | 70.62M |
| Total Debt | 11.42M | 7.44M | 6.63M | 7.63M | 14.23M | 14.73M | 12.38M | 10.36M | 15.19M | 10.27M |
| Net Debt | 3.33M | 1.93M | 2.02M | 2.24M | 7.46M | 9.22M | 7.7M | 6.88M | 10.31M | -63.31M |
| Debt / Equity | 0.38x | 0.21x | 0.20x | 0.22x | 0.42x | 0.50x | 0.34x | 0.34x | 0.97x | 0.97x |
| Debt / EBITDA | 1.84x | 1.97x | 3.56x | 1.37x | 8.53x | 14.87x | - | - | - | -1.71x |
| Net Debt / EBITDA | 0.54x | 0.51x | 1.09x | 0.40x | 4.47x | 9.31x | - | - | - | 10.56x |
| Interest Coverage | 9.13x | 2.25x | -2.19x | 6.00x | -5.96x | -11.41x | -12.83x | -36.51x | -8.10x | -5.96x |
| Total Equity | 29.72M▲ 0% | 35.36M▲ 19.0% | 33.46M▼ 5.4% | 34.57M▲ 3.3% | 33.58M▼ 2.9% | 29.73M▼ 11.5% | 35.95M▲ 20.9% | 30.2M▼ 16.0% | 15.64M▼ 48.2% | 77.94M▲ 0% |
| Equity Growth % | 171.88% | 18.96% | -5.37% | 3.31% | -2.86% | -11.45% | 20.93% | -16% | -48.2% | 66.06% |
| Book Value per Share | 1.37 | 1.32 | 1.30 | 1.26 | 1.28 | 1.10 | 1.14 | 0.80 | 0.38 | 1.66 |
| Total Shareholders' Equity | 29.72M | 35.36M | 33.46M | 34.57M | 33.58M | 29.73M | 35.95M | 30.2M | 15.64M | 77.94M |
| Common Stock | 242.16K | 257.64K | 258.14K | 258.92K | 269.86K | 270.47K | 373.45K | 392.55K | 429.49K | 544.43K |
| Retained Earnings | -196.31M | -195.25M | -197.93M | -197.06M | -200.25M | -203.79M | -207.84M | -215.84M | -230.72M | -243.02M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 295.4K | 473.51K | 808.52K | 735.89K | 2.12M | 935.13K | 606.54K | 509.94K | 978.69K | 1.28M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
LPTH Cash Flow Statement
LightPath Technologies, Inc. (LPTH) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 5M | 2.62M | 411.19K | 3.73M | 4.73M | 1.46M | -2.81M | 521.04K | -8.33M | -8.33M |
| Operating CF Margin % | 17.62% | 8.05% | 1.22% | 10.67% | 12.3% | 4.12% | -8.53% | 1.64% | -22.39% | - |
| Operating CF Growth % | 227.65% | -47.61% | -84.3% | 807.82% | 26.77% | -69.06% | -291.89% | 118.55% | -1699% | -4403.24% |
| Net Income | 7.7M | 1.06M | -2.68M | 866.93K | -3.19M | -3.54M | -4.05M | -8.01M | -14.87M | -22.94M |
| Depreciation & Amortization | 2.08M | 3.4M | 3.46M | 3.42M | 3.51M | 3.62M | 3.17M | 4.05M | 4.15M | 2.46B |
| Stock-Based Compensation | 394.88K | 373.55K | 394.79K | 250.74K | 642.87K | 825.25K | 1.31M | 1.02M | 1.04M | 698.85M |
| Deferred Taxes | -5.49M | -533.81K | -28K | -7K | 512K | 545.01K | -73.02K | -121.8K | -221.98K | -66.37M |
| Other Non-Cash Items | 69.88K | 109.08K | 529.49K | -99.77K | -38.49K | 303.41K | 73.3K | 440.23K | 2.02M | 9.22B |
| Working Capital Changes | 244.47K | -1.79M | -1.27M | -702.52K | 3.29M | -285.11K | -3.25M | 3.14M | -447.78K | 221.34K |
| Change in Receivables | -1.04M | 618.39K | -833.66K | 224.92K | 1.56M | -425.55K | -1.43M | 1.5M | -2.63M | -1.39M |
| Change in Inventory | -318.64K | -1.33M | -1.41M | -1.43M | 167.5K | 1.22M | -741.6K | 960.74K | -1.39M | -2.15M |
| Change in Payables | 1.23M | -178.14K | 883.18K | 0 | 0 | 0 | 0 | 680.46K | 0 | 2.98M |
| Cash from Investing | -14M | -2.52M | -1.25M | -2.26M | -3.16M | -1.63M | -2.87M | -2.67M | -19.74M | -20.53M |
| Capital Expenditures | -2.22M | -2.52M | -1.93M | -2.44M | -3.16M | -1.63M | -3.08M | -2.18M | -1.26M | -946.01M |
| CapEx % of Revenue | 7.84% | 7.74% | 5.72% | 6.99% | 8.21% | 4.57% | 9.34% | 6.88% | 3.39% | - |
| Acquisitions | -11.78M | 0 | 683.25K | 0 | 0 | 0 | 0 | -847.14K | -18.49M | -18.49M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 683.25K | 186.99K | 0 | 0 | 209.17K | 364.71K | 10.65K | 943.96M |
| Cash from Financing | 14.21M | -1.31M | -1.4M | -621.71K | -843.43K | -636.17K | 7.46M | -1.47M | 29.3M | 94.62M |
| Debt Issued (Net) | 4.81M | -2.06M | -1.45M | -668.58K | -1.02M | -626.66K | -1.78M | -2.31M | 6.27M | -2.06M |
| Equity Issued (Net) | 8.75M | 0 | 0 | 0 | 0 | 0 | 9.2M | 806.33K | 19.11M | 73.07M |
| 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 | 653.09K | 747.66K | 52.2K | 46.88K | 172.67K | -9.51K | 40.38K | 39.68K | 3.92M | 23.61M |
| Net Change in Cash | 5.18M▲ 0% | -1.58M▼ 130.5% | -1.9M▼ 20.8% | 782.69K▲ 141.1% | 1.39M▲ 77.2% | -1.27M▼ 191.3% | 1.64M▲ 229.2% | -3.66M▼ 323.9% | 1.4M▲ 138.1% | 70.37M▲ 0% |
| Free Cash Flow | 2.78M▲ 0% | 101.3K▼ 96.4% | -1.52M▼ 1601.1% | 1.29M▲ 184.8% | 1.57M▲ 22.0% | -162.49K▼ 110.3% | -5.89M▼ 3522.9% | -1.66M▲ 71.8% | -9.59M▼ 477.3% | -6.26M▲ 0% |
| FCF Margin % | 9.79% | 0.31% | -4.51% | 3.69% | 4.09% | -0.46% | -17.87% | -5.24% | -25.79% | -11.86% |
| FCF Growth % | 603.45% | -96.35% | -1601.09% | 184.83% | 21.95% | -110.33% | -3522.88% | 71.77% | -477.32% | -72.65% |
| FCF per Share | 0.13 | 0.00 | -0.06 | 0.05 | 0.06 | -0.01 | -0.19 | -0.04 | -0.23 | -0.23 |
| FCF Conversion (FCF/Net Income) | 0.65x | 2.47x | -0.15x | 4.31x | -1.49x | -0.41x | 0.69x | -0.07x | 0.56x | 0.27x |
| Interest Paid | 334.59K | 546.31K | 500.99K | 330.91K | 199.52K | 157.41K | 221.77K | 196.54K | 273.48K | 398.7K |
| Taxes Paid | 680.05K | 386.47K | 406.53K | 526.23K | 1.05M | 267.58K | 428.91K | 166.86K | 206.12K | 226.86K |
LPTH Key Ratios
LightPath Technologies, Inc. (LPTH) 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) | 37.9% | 3.26% | -7.79% | 2.55% | -9.35% | -11.19% | -12.32% | -24.21% | -64.89% | -70.17% |
| Return on Invested Capital (ROIC) | 14.98% | 0.8% | -3.31% | 4.45% | -3.55% | -4.93% | -6.46% | -14.54% | -28.14% | -28.14% |
| Gross Margin | 51.89% | 38.52% | 37.09% | 39.59% | 34.96% | 33.23% | 33.63% | 27.21% | 27.23% | 29.19% |
| Net Margin | 27.15% | 3.26% | -7.94% | 2.48% | -8.28% | -9.96% | -12.29% | -25.24% | -39.98% | -43.45% |
| Debt / Equity | 0.38x | 0.21x | 0.20x | 0.22x | 0.42x | 0.50x | 0.34x | 0.34x | 0.97x | 0.97x |
| Interest Coverage | 9.13x | 2.25x | -2.19x | 6.00x | -5.96x | -11.41x | -12.83x | -36.51x | -8.10x | -5.96x |
| FCF Conversion | 0.65x | 2.47x | -0.15x | 4.31x | -1.49x | -0.41x | 0.69x | -0.07x | 0.56x | 0.27x |
| Revenue Growth | 64.24% | 14.66% | 3.76% | 3.61% | 10% | -7.55% | -7.38% | -3.67% | 17.26% | 64.15% |
LPTH SEC Filings & Documents
LightPath Technologies, Inc. (LPTH) SEC filings — annual & quarterly reports (10-K, 10-Q)
LPTH Frequently Asked Questions
LightPath Technologies, Inc. (LPTH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
LightPath Technologies, Inc. (LPTH) reported $52.8M in revenue for fiscal year 2025. This represents a 26294% increase from $0.2M in 1996.
LightPath Technologies, Inc. (LPTH) grew revenue by 17.3% over the past year. This is strong growth.
LightPath Technologies, Inc. (LPTH) reported a net loss of $22.9M for fiscal year 2025.
Dividend & Returns
LightPath Technologies, Inc. (LPTH) has a return on equity (ROE) of -64.9%. Negative ROE indicates the company is unprofitable.
LightPath Technologies, Inc. (LPTH) had negative free cash flow of $6.3M in fiscal year 2025, likely due to heavy capital investments.
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