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Other financials

Income statement

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Revenue$82.6M+33.8%
Gross profit$25.7M+39.4%
Operating income-$3.6M+15.8%
Net income-$1.3M+62.7%
EPS (diluted)-$0.02+71.4%

Balance sheet

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Cash & equivalents$295.8M+275%
Total debt$14.8M+23.7%
Total equity$439.9M+104%
Total assets$517.6M+75.3%

Cash flow

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Operating cash flow$20.7M+1,597%
CapEx$4.9M+103%
Free cash flow$15.9M+520%

Valuation

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Market cap$4.26B+338%
Enterprise value$3.97B+339%
P/S13.7×+9.2×

Profitability

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Gross margin31.5%+10.3pp
Operating margin-5.5%-2.4pp
Net margin-4%-1.8pp
FCF margin13.5%+9.6pp

Returns & leverage

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Return on equity-3.8%-1.7pp
Debt / equity0.0×
Current ratio8.2×+2.5×

Where this comes from

Reported directly by nLIGHT, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: nLIGHT, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001124796-26-000038
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total cost of revenue56,86643,278110,53481,147
Gross profit25,72518,45752,23832,256
Operating expenses:
Research and development13,13011,01224,97622,386
Sales, general, and administrative16,16211,68131,25323,716
Restructuring295
Total operating expenses29,29222,69356,52446,102
Loss from operations(3,567)(4,236)(4,286)(13,846)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is nLIGHT, Inc.'s R&D?
nLIGHT, Inc. (LASR) reported R&D of $13.13M in Q2 2026.
How has nLIGHT, Inc.'s R&D changed year-over-year?
nLIGHT, Inc.'s R&D increased by 19.2% year-over-year, from $11.01M to $13.13M.
What is the long-term trend for nLIGHT, Inc.'s R&D?
Over 4 years (2021 to 2025), nLIGHT, Inc.'s R&D has grown at a -3.3% compound annual growth rate (CAGR), from $54.81M to $47.97M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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