The earnings call highlighted significant achievements, particularly in backlog growth, strategic investments, and revenue growth. However, these were tempered by challenges such as declining gross margins, increased operating expenses, and a higher net loss. The company is undergoing a successful transformation, but financial pressures remain evident.
Company Guidance
During the LightPath Technologies fiscal fourth quarter and full year 2025 earnings call, several key metrics were highlighted, showcasing the company's strategic progress and financial performance. LightPath reported a record $90 million backlog, more than four times what it was a few months prior, driven by significant orders for infrared cameras totaling over $40 million for delivery in 2026 and 2027. Revenue for the fiscal year increased by 41.4% to $12.2 million, with infrared components contributing $4.9 million. Gross profit rose to $2.7 million, though margins faced pressure due to inventory reserve charges. Operating expenses increased to $7.2 million, influenced by the integration of G5 Infrared and elevated sales and marketing costs. The company also announced an $8 million strategic investment from Ondas Holdings and Unusual Machines to support its initiatives. Adjusted EBITDA loss for the year was $1.9 million, and cash and cash equivalents stood at $4.9 million as of June 30, 2025. Looking ahead, LightPath is focused on sustaining its growth trajectory and improving margins, with expectations of significant contributions from its Black Diamond Glass technology and strategic programs in the defense sector.
Record Backlog Growth
The company reported a record $90 million backlog, which is more than four times the backlog from just a few months ago. Over two-thirds of this backlog is in systems and subsystems, indicating the success of the new strategic direction.
Significant Orders for Infrared Cameras
LightPath announced orders totaling over $40 million for deliveries of infrared cameras in 2026 and 2027 for border surveillance and counter UAV applications.
Revenue Growth
Revenue for fiscal year 2025 increased 41.4% to $12.2 million compared to $8.6 million in the same year-ago quarter.
Strategic Investment
The company received an $8 million investment from Ondas Holdings and Unusual Machines to expand efforts in the drone market.
Transformation Success
The company completed the integration of G5 Infrared six months ahead of plan and below budget, indicating a successful acquisition and integration strategy.
Lightpath Technologies (LPTH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
LPTH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Sep 25, 2025
$6.50
$7.90
+21.54%
May 20, 2025
$2.21
$2.33
+5.43%
Feb 13, 2025
$3.51
$2.85
-18.80%
Nov 07, 2024
$1.58
$1.56
-1.27%
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 Lightpath Technologies (LPTH) report earnings?
Lightpath Technologies (LPTH) is schdueled to report earning on Nov 06, 2025, TBA (Confirmed).
What is Lightpath Technologies (LPTH) earnings time?
Lightpath Technologies (LPTH) earnings time is at Nov 06, 2025, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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