LIGHTPATH TECHNOLOGIES INCLPTHEarnings & Financial Report
LightPath Technologies Inc designs, manufactures and distributes high-precision optical components and assemblies, including aspheric lenses, infrared optics, and fiber optic products. It serves global clients across industrial automation, aerospace, defense, medical imaging, and telecommunications sectors.
Revenue
$12.2M
Gross Profit
$2.7M
Operating Profit
$-4.6M
Net Profit
$-7.1M
Gross Margin
22.0%
Operating Margin
-38.0%
Net Margin
-57.8%
YoY Growth
41.4%
EPS
$0.19
LIGHTPATH TECHNOLOGIES INC Q4 FY2025 Financial Summary
LIGHTPATH TECHNOLOGIES INC reported revenue of $12.2M (up 41.4% YoY) for Q4 FY2025, with a net profit of $-7.1M (down 199.8% YoY) (-57.8% margin). Cost of goods sold was $9.5M, operating expenses totaled $7.3M.
Key Financial Metrics
| Total Revenue | $12.2M |
|---|---|
| Net Profit | $-7.1M |
| Gross Margin | 22.0% |
| Operating Margin | -38.0% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
LIGHTPATH TECHNOLOGIES INC Q4 FY2025 revenue of $12.2M breaks down across 3 segments, led by Infrared Components at $4.9M (40.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Infrared Components | $4.9M | 40.5% |
| Other | $4.4M | 36.3% |
| Visible Components | $2.8M | 23.2% |
LIGHTPATH TECHNOLOGIES INC Revenue by Segment — Quarterly Trend
LIGHTPATH TECHNOLOGIES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Infrared Components and Other) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Infrared Components | $5.0M | — | $4.9M | $3.6M |
| Other | $7.9M | $665.7K | $4.4M | $836.3K |
| Visible Components | $3.4M | — | $2.8M | $2.8M |
LIGHTPATH TECHNOLOGIES INC Annual Revenue by Year
LIGHTPATH TECHNOLOGIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $37.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $37.2M |
| 2024 | $31.7M |
| 2023 | $32.9M |
| 2022 | $35.6M |
LIGHTPATH TECHNOLOGIES INC Quarterly Revenue & Net Profit History
LIGHTPATH TECHNOLOGIES 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 |
|---|---|---|---|---|
| Q2 FY2026 | $16.4M | +120.2% | $-9.4M | -57.5% |
| Q1 FY2026 | $15.1M | +79.3% | $-2.9M | -19.2% |
| Q4 FY2025 | $12.2M | +41.4% | $-7.1M | -57.8% |
| Q3 FY2025 | $9.2M | +19.1% | $-3.6M | -39.1% |
| Q2 FY2025 | $7.4M | +1.5% | $-2.6M | -35.2% |
| Q1 FY2025 | $8.4M | +4.0% | $-1.6M | -19.3% |
| Q4 FY2024 | $8.6M | -10.8% | $-2.4M | -27.3% |
| Q3 FY2024 | $7.7M | +3.9% | $-2.6M | -33.7% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.7M | $8.6M | $8.4M | $7.4M | $9.2M | $12.2M | $15.1M | $16.4M |
| YoY Growth | 3.9% | -10.8% | 4.0% | 1.5% | 19.1% | 41.4% | 79.3% | 120.2% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $49.7M | $48.1M | $48.4M | $45.8M | $81.4M | $81.5M | $87.3M | $148.6M |
| Liabilities | $18.0M | $17.9M | $19.0M | $19.1M | $31.3M | $31.6M | $31.6M | $36.4M |
| Equity | $31.7M | $30.2M | $29.4M | $26.7M | $15.7M | $15.6M | $21.4M | $77.9M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-394226 | $64694 | $-1.7M | $-737415 | $-3.2M | $-2.6M | $-1.1M | $2.8M |