Nlight (LASR)
NASDAQ:LASR
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call conveyed a strongly positive operational and financial performance: double-digit revenue growth (55% YoY), record product gross margins (~44%), record adjusted EBITDA ($13.9M), strengthened cash position after a $190M+ equity raise, and strategic product progress (Hades, HELSI 2, HELL CAP). Negatives were smaller in magnitude: development gross margin compression due to contract timing, a sequential decline in development revenue, planned exit from legacy markets, and inherent program timing risk tied to government budgets. Overall, the positives — substantial revenue and margin expansion, cash generation, and clear strategic milestones — materially outweigh the noted challenges.Company Guidance
Strong Top-Line Growth
Total revenue of $80.2 million, up 55% year-over-year (from $51.7M) and essentially flat sequentially (down 1% vs Q4 2025), driven by strong A&D and commercial performance.
Aerospace & Defense Outperformance
A&D revenue of $55.1 million, up 69% year-over-year; A&D product revenue grew 98% year-over-year and 10% sequentially, becoming the primary driver of overall growth and margin expansion.
Record Product Gross Margins
Product gross margin reached a record 43.6% (non-GAAP 44.6%), up from 33.5% a year ago and 37.3% last quarter, driven by favorable product/customer mix and higher volume.
Improved Overall Profitability and Adjusted EBITDA
Adjusted EBITDA was a quarterly record $13.9 million compared to $0.116 million in the year-ago quarter and $10.7M last quarter; non-GAAP net income was $11.8M ($0.20/share) versus a non-GAAP net loss of $1.9M a year ago.
GAAP Profitability and Cash Generation
GAAP net income of $0.645 million (earnings per diluted share $0.01) versus a $8.1M net loss in the prior-year quarter; operating cash flow of $9.7M and cash flow conversion days improved to 97 from 125 in 2025.
Balance Sheet Strengthened by Equity Raise
Completed follow-on equity offering in February, raising over $190 million after fees and expenses; total cash, cash equivalents, restricted cash and investments of $332.9M (includes ~ $191M net proceeds).
Strategic Product & Program Milestones — Hades and HELSI 2
Launched the Hades portfolio of scalable beam-combined high-energy lasers with integrated atmospheric correction; remain on track for the one-megawatt CBC high-energy laser work under HELSI 2 and progressing on Navy HELL CAP combining 300kW CBC with adaptive optics.
Commercial Market Upside — Industrial & Microfabrication
Commercial revenue of ~$25M, up 32% year-over-year; microfabrication revenue ~$13M slightly above expectations and industrial revenue ~$12M benefited from additive manufacturing demand and last-time buys.
Operational Discipline and Guidance
Fifth consecutive quarter of product revenue growth, non-GAAP operating expenses down to $17.1M (from $17.8M year-ago) and guidance for Q2 revenue $75M–$81M (midpoint $78M), product gross margin guidance 37%–41%, and adjusted EBITDA guidance $8M–$12M.
LASR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LASR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $66.19 | $73.91 | +11.66% |
Feb 26, 2026 | $62.95 | $56.19 | -10.74% |
Nov 06, 2025 | $29.79 | $34.16 | +14.67% |
Aug 07, 2025 | $20.47 | $26.15 | +27.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nlight (LASR) report earnings?
Nlight (LASR) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Nlight (LASR) earnings time?
Nlight (LASR) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LASR EPS forecast?
LASR EPS forecast for the fiscal quarter 2026 (Q2) is 0.14.