LASR (nLIGHT, Inc.) Stock Financials & Earnings | Market Cap Arena

LASR (nLIGHT, Inc.) Stock Financials & Earnings | Market Cap Arena

LASRnLIGHT, Inc.

Mkt Cap$4B

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Revenue (TTM)$261M

Net Income (TTM)-$23M

EPS (TTM)-$0.47

Free Cash Flow (TTM)$12M

Gross Margin29.8%

Op. Margin-10.2%

Net Margin-9.0%

FCF Margin4.7%

P/S Ratio (TTM)13.8x

P/E Ratio (TTM)—

YoY Rev Growth+31.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$54M	$14M	-$8M
Q2 23	$53M	$12M	-$12M
Q3 23	$51M	$10M	-$13M
Q4 23	$52M	$10M	-$14M
Q1 24	$45M	$7M	-$15M
Q2 24	$51M	$12M	-$13M
Q3 24	$56M	$13M	-$12M
Q4 24	$47M	$1M	-$26M
Q1 25	$52M	$14M	-$10M
Q2 25	$62M	$18M	-$4M
Q3 25	$67M	$21M	-$7M
Q4 25	$81M	$25M	-$5M

Valuation

Quarter	P/S	P/E
Q1 23	15.5x	—
Q2 23	16.0x	—
Q3 23	16.7x	—
Q4 23	17.1x	—
Q1 24	17.9x	—
Q2 24	18.2x	—
Q3 24	17.7x	—
Q4 24	18.1x	—
Q1 25	17.5x	—
Q2 25	16.6x	—
Q3 25	15.8x	—
Q4 25	13.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$644K	-$40K
Q2 23	-$4M	-$5M
Q3 23	$13M	$10M
Q4 23	$404K	-$549K
Q1 24	$11M	$10M
Q2 24	-$4M	-$6M
Q3 24	-$6M	-$7M
Q4 24	-$4M	-$7M
Q1 25	-$20K	-$2M
Q2 25	-$1M	-$4M
Q3 25	$5M	$2M
Q4 25	$18M	$16M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$684K
Q2 23	$956K
Q3 23	$3M
Q4 23	$953K
Q1 24	$2M
Q2 24	$2M
Q3 24	$2M
Q4 24	$3M
Q1 25	$2M
Q2 25	$2M
Q3 25	$3M
Q4 25	$2M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-16.1%	-14.4%
Q2 23	-12.4%	-8.7%
Q3 23	-15.7%	-13.6%
Q4 23	-8.4%	-17.4%
Q1 24	-17.7%	-4.9%
Q2 24	-5.2%	-2.8%
Q3 24	+10.9%	+7.5%
Q4 24	-8.7%	+11.4%
Q1 25	+16.0%	+3.4%
Q2 25	+22.2%	+4.4%
Q3 25	+18.9%	+9.0%
Q4 25	+71.3%	+17.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$8M	14.1%
Q3 23	$7M	13.1%
Q4 23	$6M	11.9%
Q1 24	$5M	12.2%
Q2 24	$7M	13.9%
Q3 24	$7M	11.6%
Q4 24	$6M	12.7%
Q1 25	$6M	11.7%
Q2 25	$6M	10.3%
Q3 25	$9M	14.0%
Q4 25	$12M	14.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	$11M	$11M
Q2 23	$12M	$12M
Q3 23	$11M	$12M
Q4 23	$12M	$11M
Q1 24	$11M	$12M
Q2 24	$12M	$13M
Q3 24	$11M	$13M
Q4 24	$11M	$12M
Q1 25	$11M	$12M
Q2 25	$11M	$12M
Q3 25	$12M	$15M
Q4 25	$14M	$16M

Revenue Segments

Quarter	Aerospace and Defense	Industrial	Microfabrication
Q1 23	$21M	$20M	$13M
Q2 23	$25M	$17M	$12M
Q3 23	$19M	$20M	$12M
Q4 23	$27M	$15M	$10M
Q1 24	$22M	$12M	$11M
Q2 24	$27M	$13M	$10M
Q3 24	$30M	$12M	$14M
Q4 24	$30M	$9M	$8M
Q1 25	$33M	$9M	$10M
Q2 25	$41M	$10M	$11M
Q3 25	$46M	$10M	$12M
Q4 25	$56M	$11M	$14M

Revenue by Geography

Quarter	China	North America	Rest of World, Excluding China and North America	Asia Pacific	Emea
Q1 23	$4M	$29M	$21M	—	—
Q2 23	$3M	$34M	$16M	—	—
Q3 23	$3M	$31M	$17M	—	—
Q4 23	$3M	$35M	$15M	—	—
Q1 24	$3M	$29M	$12M	—	—
Q2 24	$3M	$36M	$12M	—	—
Q3 24	$2M	$36M	$17M	—	—
Q4 24	$29M	$32M	-$14M	—	—
Q1 25	$9M	$36M	$6M	—	—
Q2 25	$9M	$45M	$8M	—	—
Q3 25	—	$47M	—	$9M	$11M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$48M	$60M	$108M
Q2 23	$42M	$60M	$102M
Q3 23	$52M	$60M	$112M
Q4 23	$53M	$60M	$113M
Q1 24	$61M	$60M	$121M
Q2 24	$49M	$65M	$115M
Q3 24	$41M	$65M	$107M
Q4 24	$66M	$35M	$101M
Q1 25	$82M	$35M	$117M
Q2 25	$79M	$35M	$114M
Q3 25	$81M	$35M	$116M
Q4 25	$99M	$35M	$134M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	46M	+1.5%
Q2 23	46M	+0.0%
Q3 23	46M	+1.5%
Q4 23	47M	+0.7%
Q1 24	47M	+1.1%
Q2 24	48M	+0.9%
Q3 24	48M	+1.0%
Q4 24	48M	-0.5%
Q1 25	49M	+2.5%
Q2 25	50M	+1.0%
Q3 25	50M	+0.2%
Q4 25	51M	+2.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 16	—	—
FY 17	—	—
FY 18	$169K	1K
FY 19	$376K	470
FY 20	$175K	1K
FY 21	$208K	1K
FY 22	$220K	1K
FY 23	$226K	930
FY 24	$248K	800
FY 25	$327K	800