nLIGHT, Inc. (LASR)
NASDAQ: LASR · Real-Time Price · USD
41.64
+1.58 (3.94%)
Sep 8, 2026, 1:03 PM EDT - Market open

nLIGHT Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
310.7261.33198.55209.92242.06270.15
Revenue Growth
43.24%31.62%-5.42%-13.28%-10.40%21.26%
Gross Profit
97.9577.9633.0246.1150.8277.31
Operating Income
-14.35-24.2-61.35-45.95-51.21-30.22
Net Income
-12.48-23.47-60.79-41.67-54.58-29.67
Earnings Per Share
-0.24-0.47-1.27-0.90-1.23-0.70
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Laser Products
220.3179.24136.66156.67192.66206.2
Advanced Development
90.482.0961.8953.2649.463.95
Revenue (Total)
310.7261.33198.55209.92242.06270.15

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
330.45133.63100.7112.88108.22146.53
Total Debt
14.8436.2112.1314.1615.6117.68
Net Cash (Debt)
315.697.4388.5698.7292.61128.86
Net Cash Growth
286.28%10.01%-10.29%6.60%-28.13%44.40%
Net Cash Per Share
5.941.951.852.142.083.06

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
53.1521.33-2.3610.09-14.54-7.44
Capital Expenditures
-11.32-9.03-7.93-5.34-21.39-19.32
Free Cash Flow
41.8312.3-10.294.75-35.93-26.76
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
31.52%29.83%16.63%21.97%21.00%28.62%
Operating Margin
-4.62%-9.26%-30.90%-21.89%-21.16%-11.19%
Pretax Margin
-3.80%-8.71%-30.66%-20.32%-22.41%-11.12%
Profit Margin
-4.02%-8.98%-30.62%-19.85%-22.55%-10.98%
FCF Margin
13.46%4.71%-5.18%2.26%-14.84%-9.91%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
108.17137.40106.34106.34106.3475.67
P/FCF Ratio
57.22154.90-132.63--
PS Ratio
7.707.292.563.001.903.89