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.
LPTH Q2 FY2026 Key Financial Metrics
Revenue
$16.4M
Gross Profit
$6.0M
Operating Profit
$-8.6M
Net Profit
$-9.4M
Gross Margin
36.8%
Operating Margin
-52.6%
Net Margin
-57.5%
YoY Growth
120.2%
EPS
$-0.20
LIGHTPATH TECHNOLOGIES INC Q2 FY2026 Financial Summary
LIGHTPATH TECHNOLOGIES INC reported revenue of $16.4M (up 120.2% YoY) for Q2 FY2026, with a net profit of $-9.4M (down 260.1% YoY) (-57.5% margin). Cost of goods sold was $10.3M, operating expenses totaled $14.6M.
Key Financial Metrics
| Total Revenue | $16.4M |
|---|---|
| Net Profit | $-9.4M |
| Gross Margin | 36.8% |
| Operating Margin | -52.6% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
LIGHTPATH TECHNOLOGIES INC Q2 FY2026 revenue of $16.4M breaks down across 3 segments, led by Other at $7.9M (48.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $7.9M | 48.2% |
| Infrared Components | $5.0M | 30.7% |
| Visible Components | $3.4M | 21.1% |
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 Other and Infrared Components) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Other | $7.9M | $665.7K | $4.4M | $836.3K |
| Infrared Components | $5.0M | — | $4.9M | $3.6M |
| 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).
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 |