nLIGHT, Inc. is a leading provider of high‑power lasers for mission-critical directed energy, optical sensing, and advanced manufacturing applications. We design, manufacture, and sell a range of high-power semiconductor lasers and fiber lasers that are typically integrated into laser systems or manufacturing tools built by our customers. We also make high energy pulsed fiber lasers, fiber amplifiers, and beam combination and control systems for use in high-energy laser systems for directed energy and laser sensing systems used in a wide range of defense applications. Our vertical integration enables us to develop products that leverage the same underlying technology, thereby enabling us to offer innovative and reliable products to customers in each of our end markets. We sell our products into three primary end markets: Aerospace and Defense, Industrial, and Microfabrication.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 261M | 261M | 199M | 210M | 242M | 270M |
| Net Income | -23M | -23M | -61M | -42M | -55M | -30M |
| EPS | $-0.47 | $-0.47 | $-1.27 | $-0.90 | $-1.23 | $-0.70 |
| Free Cash Flow | 12M | 12M | -10M | 4.8M | -36M | -27M |
| ROIC | -14.2% | -10.3% | -28.1% | -16.4% | -20.2% | -9.8% |
| Gross Margin | 29.8% | 29.8% | 16.6% | 22.0% | 21.0% | 28.6% |
| Debt/Equity | 0.09 | 0.09 | 0.00 | 0.21 | 0.22 | 0.00 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -27M | -27M | -66M | -47M | -55M | -30M |
| Operating Margin | -10.2% | -10.2% | -33.1% | -22.3% | -22.8% | -11.2% |
| ROE | -10.3% | -10.6% | -28.1% | -16.4% | -20.2% | -9.8% |
| Shares Outstanding | 50M | 50M | 48M | 46M | 44M | 42M |
NLIGHT, INC. passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 23.6%. At current prices, the estimated annualized return to fair value is -6.0%.
NLIGHT, INC. (LASR) has a 5-year average return on invested capital (ROIC) of -17.0%. This is below average and may indicate limited pricing power.
NLIGHT, INC. (LASR) has a market capitalization of $3.3B. It is classified as a mid-cap stock.
NLIGHT, INC. (LASR) does not currently pay a regular dividend.
NLIGHT, INC. (LASR) operates in the Semiconductors & Related Devices industry, within the Technology sector.
NLIGHT, INC. (LASR) reported annual revenue of $261 million in its most recent fiscal year, based on SEC EDGAR filings.
NLIGHT, INC. (LASR) has a net profit margin of -9.0%. The company is currently unprofitable.
NLIGHT, INC. (LASR) generated $12 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
NLIGHT, INC. (LASR) has a debt-to-equity ratio of 0.09. This indicates a conservatively financed balance sheet.
NLIGHT, INC. (LASR) reported earnings per share (EPS) of $-0.47 in its most recent fiscal year.
NLIGHT, INC. (LASR) has a return on equity (ROE) of -10.6%. A negative ROE may indicate losses or negative equity.
NLIGHT, INC. (LASR) has a 5-year average gross margin of 23.6%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 9 years of financial data for NLIGHT, INC. (LASR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
NLIGHT, INC. (LASR) has a book value per share of $4.54, based on its most recent annual SEC filing.