Nlight Inc (LASR) financials
Nlight revenue and earnings by year
Nlight's revenue was $261 million in the fiscal year to December 31, 2025, up 31.6% from the year before. Net income was -$23.5 million, -9.0% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 11.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 261 | 199 | 210 | 242 | 270 | 223 | 177 | 191 | 139 | 101 |
| Revenue growth | 31.6% | -5.4% | -13.3% | -10.4% | 21.3% | 26.1% | -7.7% | 38.1% | 36.8% | — |
| Gross profit | 78 | 33 | 46 | 51 | 77 | 59 | 52 | 67 | 44 | 23 |
| Gross margin | 29.8% | 16.6% | 22.0% | 21.0% | 28.6% | 26.6% | 29.6% | 35.0% | 31.9% | 22.9% |
| Operating income | -27 | -66 | -47 | -55 | -30 | -21 | -10 | 17 | 10 | -9 |
| Operating margin | -10.2% | -33.1% | -22.3% | -22.8% | -11.2% | -9.4% | -5.6% | 8.9% | 7.1% | -9.2% |
| Net income | -23 | -61 | -42 | -55 | -30 | -21 | -13 | 14 | 2 | -14 |
| Net margin | -9.0% | -30.6% | -19.9% | -22.5% | -11.0% | -9.4% | -7.3% | 7.3% | 1.3% | -14.0% |
| Diluted EPS | -$0.47 | -$1.27 | -$0.90 | -$1.23 | -$0.70 | -$0.55 | -$0.34 | $0.27 | — | — |
| Free cash flow | 13 | -10 | 5 | -36 | -29 | -11 | -17 | -7 | -2 | 2 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open LASR in Markets.
How Nlight makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Laser Products | $59.4M | 71.9% |
| Advanced Development | $23.2M | 28.1% |
See also: LASR returns
No forecast, no recommendation. This page describes Nlight Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.