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Discontinued — last reported Q1 '26

Shares (Diluted) at other companies

Raytheon Technologies logo
Raytheon TechnologiesRTX
1.4B+1.0%
MKS Instruments logo
MKS InstrumentsMKSI
71.1M+5.0%
Teledyne Technologies logo
Teledyne TechnologiesTDY
46.8M-1.1%
nLIGHT, Inc. logo
nLIGHT, Inc.LASR
60M+22.2%
IPG Photonics logo
IPG PhotonicsIPGP
42.9M+0.2%
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
77.6M+2.4%

Other financials

Income statement

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Revenue$19.1M+109%
Gross profit$4.5M+57.6%
Operating income-$2.5M-82.0%
Net income-$4.1M-14.6%
EPS (diluted)-$0.07-75.0%

Balance sheet

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Cash & equivalents$55.2M+753%
Total debt$11.4M-20.7%
Total equity$89.1M+467%
Total assets$144.3M+77.2%

Cash flow

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Operating cash flow-$6.8M-110%
CapEx$899.5K+114%
Free cash flow-$7.7M-110%

Valuation

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Market cap$855.82M+548%
Enterprise value$811.96M+480%
P/S13.6×+9.7×

Profitability

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Gross margin26.8%-1.7pp
Operating margin-29.5%+6.9pp
Net margin-37.4%+11.5pp
FCF margin-16.4%-2.1pp

Returns & leverage

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Return on equity-44.8%+2.1pp
Debt / equity0.1×-0.8×
Current ratio3.9×+1.6×

Where this comes from

Reported directly by Lightpath Technologies in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The official record: Lightpath Technologies’s 10-Q, filed November 12, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lightpath Technologies's shares (diluted)?
Lightpath Technologies (LPTH) reported shares (diluted) of 43.3M in Q3 2025.
How has Lightpath Technologies's shares (diluted) changed year-over-year?
Lightpath Technologies's shares (diluted) increased by 9.4% year-over-year, from 39.6M to 43.3M.
What is the long-term trend for Lightpath Technologies's shares (diluted)?
Over 4 years (2021 to 2025), Lightpath Technologies's shares (diluted) has grown at a 10.8% compound annual growth rate (CAGR), from 107.2M to 161.5M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.