nLIGHT, Inc. LASR Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 31.3%+1.5pp | 29.8%+6.0pp | 23.8%+2.6pp | 21.2%+2.1pp | 19.1%+2.5pp | |
| Operating margin | -6.1%+4.1pp | -10.2%+10.7pp | -20.9%+3.1pp | -24%+5.4pp | -29.4%+3.6pp | |
| Net margin | -5.1%+3.9pp | -9%+10.1pp | -19.1%+2.5pp | -21.7%+5.1pp | -26.8%+3.8pp | |
| EBITDA margin | -1.8%+3.6pp | -5.4%+9.8pp | -15.3%+2.7pp | -18%+5.1pp | -23.1%+3.4pp | |
| Free cash flow margin | 7.6%+2.9pp | 4.7%+9.2pp | -4.5%— | —— | —— | |
| Returns | ||||||
| Return on equity | -4.6%+6.0pp | -10.6%+8.6pp | -19.2%+1.4pp | -20.6%+3.5pp | -24.1%+1.7pp | |
| Return on assets | -3.7%+4.4pp | -8%+6.7pp | -14.8%+1.2pp | -15.9%+2.7pp | -18.6%+2.5pp | |
| Return on invested capital | -12.2%+5.1pp | -17.3%+9.5pp | -26.8%+2.7pp | -29.5%+6.0pp | -35.6%-0.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×-0.2× | 0.9×+0.1× | 0.8×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Inventory turnover | 4.5×+0.3× | 4.3×+0.8× | 3.5×+0.1× | 3.4×0.0× | 3.4×-0.1× | |
| Liquidity | ||||||
| Current ratio | 7.1×+3.3× | 3.8×-1.8× | 5.6×0.0× | 5.6×-0.2× | 5.8×+0.1× | |
| Quick ratio | 6.4×+3.3× | 3.1×-1.3× | 4.4×0.0× | 4.4×-0.2× | 4.6×+0.2× | |
| Cash ratio | 4.7×+3.2× | 1.5×-0.5× | 2×0.0× | 2×-0.2× | 2.2×+0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0×0.0× | 0.1×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | -13.2×+11.3× | -24.5×+35.7× | -60.1×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $7.16+57.7% | $4.54+4.4% | $4.34-0.3% | $4.36+0.5% | $4.33-4.1% | |
| Valuation | ||||||
| Market capitalization | $3.18B+67.0% | $1.9B+28.8% | $1.48B+66.2% | $889.42M+133% | $380.97M-25.0% | |
| Enterprise value | $2.9B+59.0% | $1.82B+29.4% | $1.41B+71.3% | $822.6M+164% | $311.4M-31.5% | |
| Price / sales | 11×+3.7× | 7.3×+0.8× | 6.5×+2.4× | 4.1×+2.2× | 1.9×-0.7× | |
| Price / book | 7.4×-1.0× | 8.4×+1.6× | 6.8×+2.6× | 4.1×+2.3× | 1.8×-0.6× | |
| EV / sales | 10×+3.0× | 7×+0.8× | 6.2×+2.4× | 3.8×+2.3× | 1.5×-0.8× | |
| Free cash flow yield | 0.7%+0.1pp | 0.6%+1.3pp | -0.7%— | —— | —— | |
| Earnings yield | -0.5%+0.8pp | -1.2%+1.7pp | -2.9%+2.3pp | -5.3%+9.2pp | -14.5%-2.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are nLIGHT, Inc.'s profit margins?
- nLIGHT, Inc. (LASR) runs a 31.3% gross margin and a -6.1% operating margin, with a -5.1% net margin.
- Where do nLIGHT, Inc.'s ratios come from?
- Every ratio is computed from nLIGHT, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.