nLIGHT, Inc. LASR R2K
Technology · Semiconductors · United States
nLIGHT, Inc. engages in the design, development, manufacture, and sale of semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It operates through two segments, Laser Products and Advanced Development. The company offers semiconductor lasers with various ranges of power levels, wavelengths, and output fiber sizes; and programmable and serviceable fiber lasers for use in aerospace and defense and industrial applications. It also provides fiber amplifiers, beam combination, and control systems for use in high-energy laser systems in directed energy applications. The company sells its products through direct sales force in the United States, China, South Korea, and European countries, as well as through independent sales representatives and distributors in Asia, Australia, Europe, the Middle East, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc. in January 2016. nLIGHT, Inc. was incorporated in 2000 and is headquartered in Camas, Washington.
READ MORE ›$74.12
+389.89% 1Y
Market & Price
Market Cap
$4.18B
Current Price
$74.12
High / Low (52W)
$84.95 / $15.13
Beta
2.33
Valuation
Stock P/E
-
Industry PE
32.74
Forward P/E
109.72
PEG Ratio
1.78
Book Value
$7.93
Price to Book
9.35
P/S
14.43
EV/EBITDA
-3,664.15
Dividend Yield
-
Profitability & Returns
ROCE
-8.64%
ROE
-4.59%
ROA
-2.33%
Profit Margin
-5.08%
Op Margin
-0.53%
EPS (Latest Qtr)
$0.01
EPS (TTM)
$-0.30
Balance Sheet & Liquidity
Debt/Equity
0.08
Quick Ratio
6.32
Current Ratio
7.08
Debt
$35.58M
Total Assets
$315.21M
Current Assets
$243.19M
Working Capital
$178.98M
Ownership
Promoter Holding
3.10%
Chg in Prom Hold
-
FII / Inst Holding
91.84%
Chg in FII Hold
0.01%
Financial Snapshot
Enterprise Value
$3.88B
Total Revenue (TTM)
$289.84M
EBITDA
$-1.06M
Free Cash Flow
$24.21M
Operating Cash Flow
$31.03M
Shares Outstanding
56.41M
Gross Margin
31.29%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
2.59%
Profit 5Y
19.00%
Revenue (YoY)
55.20%
Earnings (YoY)
-
PROS
- Profit CAGR of 19.0% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | LASR nLIGHT, Inc. R2K | 74.12 | - | $4.18B | - | -8.64% | -4.59% | 2.59% | 19.00% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | 42.47M | 51.70M | 51.02M | 46.16M | 41.86M | 48.05M | 43.81M | 42.90M | 43.22M | 52.14M | 61.73M | 61.34M | 69.11M | 72.23M | 64.46M | 60.83M | 60.09M | 54.09M | 53.30M | 50.63M | 44.53M | 50.51M | - | 51.67M | 61.73M | 66.74M | 81.19M | 80.18M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 37.87M | 43.28M | 45.99M | 56.23M | 53.67M |
| Gross Profit | 8.97M | 10.68M | 12.35M | 12.28M | 14.73M | 17.68M | 18.05M | 16.51M | 13.51M | 15.87M | 12.96M | 9.99M | 9.50M | 13.06M | 17.16M | 17.64M | 20.32M | 21.39M | 16.18M | 15.38M | 13.48M | 14.26M | 12.11M | 9.94M | 7.49M | 11.85M | - | 13.80M | 18.46M | 20.75M | 24.95M | 26.51M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.41M | 22.69M | 26.32M | 29.74M | 26.94M |
| Operating Income | 612.00K | 1.90M | 4.60M | - | 4.21M | 5.55M | 5.09M | - | -1.05M | 805.00K | -696.00K | - | -6.74M | -6.05M | -3.98M | -5.78M | -9.01M | -6.76M | -8.31M | -10.32M | -12.98M | -8.21M | -11.69M | -12.53M | -14.72M | -12.69M | - | -9.61M | -4.24M | -5.57M | -4.79M | -424.00K |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.24M | 229.00K | -2.97M | -447.00K | 4.37M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 48.00K | 388.00K | 317.00K | 331.00K | 300.00K |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.96M | -3.57M | -6.60M | -4.64M | 698.00K |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 137.00K | 17.00K | 273.00K | 272.00K | 53.00K |
| Net Income | -1.21M | -287.00K | 2.24M | - | 2.92M | 4.65M | 4.01M | - | -1.24M | -155.00K | -778.00K | - | -7.47M | -6.83M | -2.11M | -6.15M | -7.89M | -6.88M | -8.62M | -10.34M | -12.96M | -7.73M | -8.82M | -11.88M | -13.77M | -11.73M | - | -8.09M | -3.59M | -6.87M | -4.91M | 645.00K |
| Diluted EPS | -0.47 | -0.11 | 0.00 | 0.00 | 0.00 | 0.11 | 0.10 | 0.06 | -0.03 | 0.00 | -0.02 | -0.29 | -0.20 | -0.18 | -0.05 | -0.15 | -0.19 | -0.16 | -0.20 | -0.23 | -0.29 | -0.17 | -0.19 | -0.26 | -0.29 | -0.25 | - | -0.16 | -0.07 | -0.14 | -0.10 | 0.01 |
| R&D Expense | 3.73M | 4.01M | 3.85M | - | 4.28M | 4.90M | 5.47M | - | 6.42M | 6.49M | 6.40M | - | 8.54M | 9.47M | 11.13M | 11.71M | 14.28M | 14.84M | 13.71M | 13.79M | 12.72M | 11.30M | 12.00M | 10.74M | 10.66M | 11.74M | 11.33M | 11.37M | 11.01M | 11.53M | - | 11.85M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 138.58M | 191.36M | 176.62M | 222.79M | - | 242.06M | 209.92M | 198.55M | 261.33M |
| Cost of Revenue | - | - | - | - | - | - | 191.24M | 163.81M | 165.53M | 183.37M |
| Gross Profit | 23.17M | 44.27M | 66.96M | 52.34M | 59.36M | - | 50.82M | 46.11M | 33.02M | 77.96M |
| Operating Expenses | - | - | - | - | - | - | 102.03M | 92.06M | 94.36M | 102.17M |
| Operating Income | -9.34M | 9.80M | 17.06M | -9.91M | -21.05M | - | -51.21M | -45.95M | -61.34M | -24.20M |
| EBITDA | - | - | - | - | - | - | -35.51M | -26.55M | -43.17M | -7.43M |
| Interest Expense | - | - | - | - | - | 163.00K | - | 67.00K | 105.00K | 1.08M |
| Pretax Income | - | - | - | - | - | - | -54.23M | -42.65M | -60.87M | -22.77M |
| Tax Provision | - | - | - | - | - | - | 344.00K | -978.00K | -76.00K | 699.00K |
| Net Income | -14.20M | 1.84M | 13.94M | -12.88M | -20.93M | - | -54.58M | -41.67M | -60.79M | -23.47M |
| Diluted EPS | -5.68 | 0.00 | 0.32 | -0.35 | -0.55 | -0.70 | -1.23 | -0.90 | -1.27 | - |
| R&D Expense | 15.24M | 15.12M | 21.05M | 28.14M | 41.16M | 54.81M | 53.77M | 46.16M | 45.11M | 47.97M |
Compounded Sales Growth
| 5 Years: | 2.59% |
| 1 Year: | 55.20% |
Compounded Profit Growth
| 5 Years: | 19.00% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +389.89% |
| 6 Months: | +122.92% |
| 3 Months: | +31.91% |
| 1 Month: | +14.08% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 110.15M | 250.13M | 249.97M | 283.64M | - | 329.23M | 306.80M | 270.24M | 315.21M |
| Current Assets | - | - | - | - | - | - | - | 230.76M | 220.55M | 194.09M | 243.19M |
| Cash & Equivalents | 6.86M | 13.50M | 36.69M | 149.48M | 117.25M | 102.28M | - | 57.83M | 53.21M | 65.83M | 98.70M |
| Inventory | - | - | - | - | - | - | - | 67.60M | 52.16M | 40.80M | 45.41M |
| Receivables | - | - | - | - | - | - | - | 37.91M | 39.59M | 34.90M | 50.84M |
| Total Liabilities | - | - | 48.87M | 32.35M | 33.36M | 63.73M | - | 58.39M | 52.38M | 53.81M | 88.46M |
| Current Liabilities | - | - | 28.89M | 23.59M | 25.04M | 41.36M | - | 34.49M | 32.75M | 34.23M | 64.21M |
| Long Term Debt | - | - | 15.11M | 18.00K | 0 | 215.00K | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | 15.61M | 14.16M | 12.13M | 36.21M |
| Total Equity | 32.09M | 29.69M | 61.28M | 217.78M | 216.61M | 219.91M | - | 270.85M | 254.42M | 216.43M | 226.75M |
| Shares Outstanding | - | - | - | - | - | - | - | 45.63M | 47.27M | 48.95M | 51.16M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 5.96M | 3.41M | 3.38M | -4.24M | 13.04M | - | -14.54M | 10.09M | -2.36M | 21.33M |
| Investing Cash Flow | -4.03M | -5.48M | -11.68M | -30.40M | -24.54M | - | -72.38M | -14.10M | 16.69M | -8.77M |
| Financing Cash Flow | 3.64M | 24.42M | 121.30M | 2.45M | -3.77M | - | -1.31M | -859.00K | -1.30M | 20.11M |
| Capital Expenditure | - | - | -10.58M | -12.40M | -23.42M | - | -21.72M | -5.34M | -7.93M | -9.03M |
| Free Cash Flow | - | - | -7.21M | -16.64M | -10.38M | - | -36.26M | 4.75M | -10.29M | 12.30M |
| Net Change in Cash | - | - | - | - | - | - | -88.23M | -4.87M | 13.03M | 32.67M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | 31.9% | 35.0% | 29.6% | 26.6% | - | 21.0% | 22.0% | 16.6% | 29.8% |
| Operating Margin % | - | 7.1% | 8.9% | -5.6% | -9.4% | - | -21.2% | -21.9% | -30.9% | -9.3% |
| Net Margin % | - | 1.3% | 7.3% | -7.3% | -9.4% | - | -22.5% | -19.9% | -30.6% | -9.0% |
| ROE % | -47.8% | 3.0% | 6.4% | -5.9% | -9.5% | - | -20.2% | -16.4% | -28.1% | -10.3% |
| ROCE % | - | 12.1% | 7.5% | -4.4% | -8.7% | - | -17.4% | -16.8% | -26.0% | -9.6% |
Shareholding Pattern
Insiders
3.10%
Institutions
91.84%
Public Float
94.78%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 7.66% | 4.32M | $320.15M |
| 2 | Vanguard Portfolio Management LLC | 4.37% | 2.47M | $182.90M |
| 3 | Vanguard Capital Management LLC | 4.12% | 2.33M | $172.36M |
| 4 | Needham Investment Management, L.L.C. | 3.41% | 1.92M | $142.51M |
| 5 | Driehaus Capital Management, LLC | 3.14% | 1.77M | $131.39M |
| 6 | Geode Capital Management, LLC | 2.55% | 1.44M | $106.81M |
| 7 | Invesco Ltd. | 2.13% | 1.20M | $89.13M |
| 8 | Alliancebernstein L.P. | 1.96% | 1.11M | $81.99M |
| 9 | FMR, LLC | 1.95% | 1.10M | $81.66M |
| 10 | State Street Corporation | 1.93% | 1.09M | $80.53M |
Analyst View
Loading analyst coverage…
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for LASR
No recent headlines available.