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Side-by-side financial comparison of NLIGHT, INC. (LASR) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.

Limbach Holdings, Inc. is the larger business by last-quarter revenue ($138.9M vs $80.2M, roughly 1.7× NLIGHT, INC.). Limbach Holdings, Inc. runs the higher net margin — 3.2% vs 0.8%, a 2.3% gap on every dollar of revenue. On growth, NLIGHT, INC. posted the faster year-over-year revenue change (55.2% vs 4.3%). Over the past eight quarters, NLIGHT, INC.'s revenue compounded faster (26.0% CAGR vs 6.6%).

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.

Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.

LASR vs LMB — Head-to-Head

Bigger by revenue
LMB
LMB
1.7× larger
LMB
$138.9M
$80.2M
LASR
Growing faster (revenue YoY)
LASR
LASR
+50.9% gap
LASR
55.2%
4.3%
LMB
Higher net margin
LMB
LMB
2.3% more per $
LMB
3.2%
0.8%
LASR
Faster 2-yr revenue CAGR
LASR
LASR
Annualised
LASR
26.0%
6.6%
LMB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
LASR
LASR
LMB
LMB
Revenue
$80.2M
$138.9M
Net Profit
$645.0K
$4.4M
Gross Margin
33.1%
22.4%
Operating Margin
66.0%
0.8%
Net Margin
0.8%
3.2%
Revenue YoY
55.2%
4.3%
Net Profit YoY
EPS (diluted)
$0.01
$0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LASR
LASR
LMB
LMB
Q1 26
$80.2M
$138.9M
Q4 25
$81.2M
$186.9M
Q3 25
$66.7M
$184.6M
Q2 25
$61.7M
$142.2M
Q1 25
$51.7M
$133.1M
Q4 24
$47.4M
$143.7M
Q3 24
$56.1M
$133.9M
Q2 24
$50.5M
$122.2M
Net Profit
LASR
LASR
LMB
LMB
Q1 26
$645.0K
$4.4M
Q4 25
$-4.9M
$12.3M
Q3 25
$-6.9M
$8.8M
Q2 25
$-3.6M
$7.8M
Q1 25
$-8.1M
$10.2M
Q4 24
$-25.0M
$9.8M
Q3 24
$-10.3M
$7.5M
Q2 24
$-11.7M
$6.0M
Gross Margin
LASR
LASR
LMB
LMB
Q1 26
33.1%
22.4%
Q4 25
30.7%
25.7%
Q3 25
31.1%
24.2%
Q2 25
29.9%
28.0%
Q1 25
26.7%
27.6%
Q4 24
2.4%
30.3%
Q3 24
22.4%
27.0%
Q2 24
23.5%
27.4%
Operating Margin
LASR
LASR
LMB
LMB
Q1 26
66.0%
0.8%
Q4 25
-6.7%
9.4%
Q3 25
-10.9%
7.2%
Q2 25
-6.9%
7.5%
Q1 25
-18.6%
5.9%
Q4 24
-55.8%
9.1%
Q3 24
-21.0%
8.1%
Q2 24
-25.1%
6.7%
Net Margin
LASR
LASR
LMB
LMB
Q1 26
0.8%
3.2%
Q4 25
-6.0%
6.6%
Q3 25
-10.3%
4.8%
Q2 25
-5.8%
5.5%
Q1 25
-15.7%
7.7%
Q4 24
-52.7%
6.9%
Q3 24
-18.4%
5.6%
Q2 24
-23.2%
4.9%
EPS (diluted)
LASR
LASR
LMB
LMB
Q1 26
$0.01
$0.36
Q4 25
$-0.10
$1.01
Q3 25
$-0.14
$0.73
Q2 25
$-0.07
$0.64
Q1 25
$-0.16
$0.85
Q4 24
$-0.52
$0.81
Q3 24
$-0.21
$0.62
Q2 24
$-0.25
$0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LASR
LASR
LMB
LMB
Cash + ST InvestmentsLiquidity on hand
$298.2M
$15.8M
Total DebtLower is stronger
$56.6M
Stockholders' EquityBook value
$429.2M
$196.3M
Total Assets
$515.7M
$377.0M
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LASR
LASR
LMB
LMB
Q1 26
$298.2M
$15.8M
Q4 25
$98.7M
$11.3M
Q3 25
$81.1M
$9.8M
Q2 25
$78.8M
$38.9M
Q1 25
$82.2M
$38.1M
Q4 24
$65.8M
$44.9M
Q3 24
$41.5M
$51.2M
Q2 24
$49.4M
$59.5M
Total Debt
LASR
LASR
LMB
LMB
Q1 26
$56.6M
Q4 25
$30.5M
Q3 25
$56.3M
Q2 25
$28.4M
Q1 25
$23.7M
Q4 24
$23.6M
Q3 24
$20.5M
Q2 24
$19.7M
Stockholders' Equity
LASR
LASR
LMB
LMB
Q1 26
$429.2M
$196.3M
Q4 25
$226.7M
$195.7M
Q3 25
$218.5M
$181.6M
Q2 25
$216.0M
$170.5M
Q1 25
$212.8M
$161.1M
Q4 24
$216.4M
$153.5M
Q3 24
$235.3M
$142.2M
Q2 24
$239.5M
$133.0M
Total Assets
LASR
LASR
LMB
LMB
Q1 26
$515.7M
$377.0M
Q4 25
$315.2M
$381.1M
Q3 25
$298.7M
$409.1M
Q2 25
$295.3M
$343.0M
Q1 25
$290.0M
$336.4M
Q4 24
$270.2M
$352.1M
Q3 24
$291.3M
$324.4M
Q2 24
$294.3M
$303.9M
Debt / Equity
LASR
LASR
LMB
LMB
Q1 26
0.29×
Q4 25
0.16×
Q3 25
0.31×
Q2 25
0.17×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.14×
Q2 24
0.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LASR
LASR

Products$58.2M73%
Development$22.0M27%

LMB
LMB

ODR$99.8M72%
GCR$39.0M28%

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