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nLIGHT, Inc.

LASR

nLIGHT, Inc. is a leading provider of high-power semiconductor and fiber lasers designed for mission-critical applications in directed energy, optical sensing, and advanced manufacturing.

Market cap
$3.82B+275%
Revenue$289.8M+40.9%
Net income-$14.7M+73.3%
Free cash flow$22.2M+199%
EPS (diluted)-$0.30+73.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$78.6M
EPS estimate$0.14

Financials

Q1 2026

Income statement

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Revenue$80.2M+55.2%
Gross profit$26.5M+92.1%
Operating income-$719.0K+92.5%
Net income$645.0K+108%
EPS (diluted)$0.01+106%

Balance sheet

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Cash & equivalents$298.2M+263%
Total debt$15.6M+23.5%
Total equity$429.2M+102%
Total assets$515.7M+77.8%

Cash flow

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Operating cash flow$9.7M+48,515%
CapEx$2.1M-7.4%
Free cash flow$7.6M+429%

Valuation & ratios

Valuation

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Market cap$3.82B+275%
Enterprise value$3.54B+298%
P/S13.2×+8.8×

Profitability

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Gross margin31.3%+12.2pp
Operating margin-6.1%-2.7pp
Net margin-5.1%-2.3pp
FCF margin7.6%+4.8pp

Returns & leverage

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Return on equity-4.6%-2.1pp
Debt / equity0.0×
Current ratio7.1×+1.3×

Segments

By geography

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North America$59.3M+64.2%
Asia Pacific$11.9M+30.1%
EMEA$9.1M+40.3%

By product

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Aerospace and Defense$55.1M+68.6%
Microfabrication$13.0M+28.9%
Industrial$12.0M+35.8%

By segment

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Laser Products$58.2M+63.1%
Advanced Development$22.0M+37.5%

Competitors

Profile

nLIGHT, Inc. is a leading provider of high-power semiconductor and fiber lasers designed for mission-critical applications in directed energy, optical sensing, and advanced manufacturing. The company leverages a vertically integrated business model to design and manufacture core components, including laser chips and optical fibers, which are integrated into complex laser systems for defense and industrial customers. Their value proposition centers on delivering high-brightness, programmable, and field-serviceable laser solutions that offer precision and efficiency in demanding environments.

Competitive position

A leading provider of high-power lasers distinguished by its vertical integration and proprietary semiconductor laser chip brilliance.

GeographiesUnited States, China, South Korea, Finland, Europe
Customer segmentsU.S. Government, Defense Contractors, Automotive Manufacturers, Medical Device Manufacturers, Semiconductor Equipment Makers
Business modelManufacturing, Vertical Integration, R&D Services, Government Contracting
SuppliersSemiconductor wafer substrate suppliers, Fiber laser chip package suppliers, Optics suppliers, Third-party contract manufacturers (Thailand)
CustomersDirected energy weapon system integrators, Sheet metal cutting tool manufacturers, Additive manufacturing (3D printing) companies, EV battery manufacturers
Listed2018
Employees930.0
CEOScott H. Keeney
Websitenlight.net
FilingsSEC EDGAR

Questions, answered.

What is nLIGHT, Inc.'s market cap?
nLIGHT, Inc. (LASR) has a market capitalization of $3.8B and trades on NASDAQ.
What is nLIGHT, Inc.'s revenue and profitability?
nLIGHT, Inc. generated $289.8M in trailing twelve-month revenue with a net loss of $14.7M, representing a net margin of -5.1%. Gross margin stands at 31.3%, with free cash flow of $22.2M. These figures are based on the Q1 2026 filing.
Who are nLIGHT, Inc.'s competitors?
nLIGHT, Inc.'s key competitors include IPG Photonics, Coherent, Northrop Grumman, and others. These companies compete in similar markets and product categories.
Where is nLIGHT, Inc. headquartered?
nLIGHT, Inc. is headquartered in United States of America and employs approximately 930 people. It has been publicly traded since 2018.