NLIGHT, INC.LASREarnings & Financial Report
nLight Inc. is a global developer and manufacturer of high-performance semiconductor lasers, fiber lasers, and related optical components. Its products serve key segments including industrial precision manufacturing, aerospace and defense, medical equipment, and advanced research, with customers across North America, Europe, and Asia Pacific.
Revenue
$61.7M
Gross Profit
$18.5M
Operating Profit
$-4.2M
Net Profit
$-3.6M
Gross Margin
29.9%
Operating Margin
-6.9%
Net Margin
-5.8%
YoY Growth
22.2%
EPS
$-0.07
NLIGHT, INC. Q2 FY2025 Financial Summary
NLIGHT, INC. reported revenue of $61.7M (up 22.2% YoY) for Q2 FY2025, with a net profit of $-3.6M (up 69.4% YoY) (-5.8% margin). Cost of goods sold was $43.3M, operating expenses totaled $22.7M.
Key Financial Metrics
| Total Revenue | $61.7M |
|---|---|
| Net Profit | $-3.6M |
| Gross Margin | 29.9% |
| Operating Margin | -6.9% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
NLIGHT, INC. Q2 FY2025 revenue of $61.7M breaks down across 3 segments, led by Transferred At Point In Time at $40.8M (66.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $40.8M | 66.0% |
| Microfabrication | $11.3M | 18.3% |
| Industrial | $9.7M | 15.8% |
NLIGHT, INC. Revenue by Segment — Quarterly Trend
NLIGHT, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred At Point In Time and Microfabrication) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Transferred At Point In Time | — | — | — | $40.8M |
| Microfabrication | — | $14.2M | $11.6M | $11.3M |
| Industrial | — | $10.7M | $9.6M | $9.7M |
NLIGHT, INC. Annual Revenue by Year
NLIGHT, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $261.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $261.3M |
| 2024 | $198.5M |
| 2023 | $209.9M |
| 2022 | $242.1M |
NLIGHT, INC. Quarterly Revenue & Net Profit History
NLIGHT, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $80.2M | +55.2% | $645.0K | 0.8% |
| Q4 FY2025 | $81.2M | +71.3% | $-4.9M | -6.0% |
| Q3 FY2025 | $66.7M | +18.9% | $-6.9M | -10.3% |
| Q2 FY2025 | $61.7M | +22.2% | $-3.6M | -5.8% |
| Q1 FY2025 | $51.7M | +16.0% | $-8.1M | -15.7% |
| Q4 FY2024 | $47.4M | -8.7% | $-25.0M | -52.7% |
| Q3 FY2024 | $56.1M | +10.9% | $-10.3M | -18.4% |
| Q2 FY2024 | $50.5M | -5.2% | $-11.7M | -23.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $50.5M | $56.1M | $47.4M | $51.7M | $61.7M | $66.7M | $81.2M | $80.2M |
| YoY Growth | -5.2% | 10.9% | -8.7% | 16.0% | 22.2% | 18.9% | 71.3% | 55.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $294.3M | $291.3M | $270.2M | $290.0M | $295.3M | $298.7M | $315.2M | $515.7M |
| Liabilities | $54.8M | $56.0M | $53.8M | $77.2M | $79.3M | $80.2M | $88.5M | $86.5M |
| Equity | $239.5M | $235.3M | $216.4M | $212.8M | $216.0M | $218.5M | $226.7M | $429.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-4.2M | $-5.6M | $-3.9M | $-20000 | $-1.4M | $5.2M | $17.5M |