STOCK TITAN

nLIGHT, Inc. (LASR) Financials

LASR
Trailing 12 months to June 30, 2026
Revenue $310.7M +43.2% YoY
Net Income -$12.5M +73.4% YoY
EPS (Diluted) -$0.25 +74.0% YoY
Free Cash Flow $41.8M +311.1% YoY
Market Cap $2.3B as of Oct 5, 2026
Price / Sales 7.3x on $310.7M revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 5.2x on $439.9M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LASR SEC filings page.

nLIGHT, Inc. (LASR) reported $310.7M in revenue over the twelve months to Jun 30, 2026, up 43.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LASR FY2025

nLIGHT's 2025 rebound restored margins and cash generation, but losses persisted and financing needs increased.

The margin recovery was operationally meaningful: gross margin rose from 16.6% in FY2024 to 29.8% in FY2025. Yet operating cash flow reached $21.3M while net income remained a loss of $23.5M, indicating noncash charges and working-capital movement supported cash before accounting profitability returned.

Revenue grew 31.6% in FY2025, and gross margin reached 29.8%, showing the rebound included improved gross economics, not volume alone. The operating loss still stood at $26.6M while R&D was $48.0M, so higher gross profit had not yet absorbed the development and overhead base.

Current ratio fell from 5.7x to 3.8x in FY2025, leaving less short-term balance-sheet cushion despite the cash-flow rebound. Financing cash flow was $20.1M, indicating operations were not the only source of funding during the expansion.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 50 / 100
Financial Health Score 50/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of nLIGHT, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
25

nLIGHT, Inc. has an operating margin of -10.2%, meaning the company loses $10 on every $100 of revenue. This results in a profitability score of 25/100. This is up from -33.1% the prior year.

Growth
69

nLIGHT, Inc.'s revenue surged 31.6% year-over-year to $261.3M, reflecting rapid business expansion. This strong growth earns a score of 69/100.

Leverage
65

nLIGHT, Inc. carries a low D/E ratio of 0.39, meaning only $0.39 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 65/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
86

With a current ratio of 3.79, nLIGHT, Inc. holds $3.79 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.

Cash Flow
29

nLIGHT, Inc.'s free cash flow margin of 4.7% results in a low score of 29/100. Capital expenditures of $9.0M absorb a large share of operating cash flow.

Returns
27

nLIGHT, Inc. posts a -10.3% return on equity (ROE), meaning it loses $10 for every $100 of shareholders' equity. This results in a returns score of 27/100. This is up from -28.1% the prior year.

Altman Z-Score Safe
15.14

nLIGHT, Inc. scores 15.14, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.3B) relative to total liabilities ($88.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
5/8

nLIGHT, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Mixed
N/A

nLIGHT, Inc. reported a net loss of $23.5M while generating $21.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

nLIGHT, Inc. reported an operating loss of $26.6M against $1.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$82.6M
YoY+33.8%
QoQ+3.0%
5Y CAGR+3.6%

nLIGHT, Inc. generated $82.6M in revenue in Q2 2026. This represents an increase of 33.8% from the same quarter a year earlier. Against the prior quarter it is up 3.0%.

EBITDA
-$403K
YoY+61.2%
QoQ-116.5%

nLIGHT, Inc.'s EBITDA was -$403K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 61.2% from the same quarter a year earlier. Against the prior quarter it is down 116.5%.

Net Income
-$1.3M
YoY+62.7%
QoQ-307.6%

nLIGHT, Inc. reported -$1.3M in net income in Q2 2026. This represents an increase of 62.7% from the same quarter a year earlier. Against the prior quarter it is down 307.6%.

EPS (Diluted)
-$0.02
YoY+71.4%
QoQ-300.0%

nLIGHT, Inc. earned -$0.02 per diluted share (EPS) in Q2 2026. This represents an increase of 71.4% from the same quarter a year earlier. Against the prior quarter it is down 300.0%.

Cash & Balance Sheet

Free Cash Flow
$15.9M
YoY+520.4%
QoQ+109.8%

nLIGHT, Inc. generated $15.9M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 520.4% from the same quarter a year earlier. Against the prior quarter it is up 109.8%.

Cash & Debt
$295.8M
YoY+275.3%
QoQ-0.8%
5Y CAGR+11.0%

nLIGHT, Inc. held $295.8M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
58M
YoY+15.6%
QoQ+2.3%
5Y CAGR+6.0%

nLIGHT, Inc. had 58M shares outstanding in Q2 2026. This represents an increase of 15.6% from the same quarter a year earlier. Against the prior quarter it is up 2.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
31.1%
YoY+1.3pp
QoQ-1.9pp
5Y change+1.7pp

nLIGHT, Inc.'s gross margin was 31.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.9 percentage points.

Operating Margin
-4.3%
YoY+2.5pp
QoQ-3.4pp
5Y change+8.7pp

nLIGHT, Inc.'s operating margin was -4.3% in Q2 2026, reflecting core business profitability. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.4 percentage points.

Net Margin
-1.6%
YoY+4.2pp
QoQ-2.4pp
5Y change+9.8pp

nLIGHT, Inc.'s net profit margin was -1.6% in Q2 2026, showing the share of revenue converted to profit. This is up 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.4 percentage points.

Return on Equity
-0.3%
YoY+1.4pp
QoQ-0.5pp
5Y change+2.3pp

nLIGHT, Inc.'s ROE was -0.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Capital Allocation

R&D Spending
$13.1M
YoY+19.2%
QoQ+10.8%
5Y CAGR-1.7%

nLIGHT, Inc. invested $13.1M in research and development in Q2 2026. This represents an increase of 19.2% from the same quarter a year earlier. Against the prior quarter it is up 10.8%.

Capital Expenditures
$4.8M
YoY+102.7%
QoQ+129.5%
5Y CAGR+0.1%

nLIGHT, Inc. invested $4.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 102.7% from the same quarter a year earlier. Against the prior quarter it is up 129.5%.

Share Buybacks

Not reported for Q2 2026.

LASR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LASR quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$82.6M+33.8%$80.2M+55.2%$81.2M+71.3%$66.7M+18.9%$61.7M+22.2%$51.7M+16.0%$47.4M-8.7%$56.1M+10.9%
Cost of Revenue$56.9M+31.4%$53.7M+41.7%$56.2M+21.6%$46.0M+5.5%$43.3M+11.9%$37.9M+2.2%$46.3M+9.9%$43.6M+7.1%
Gross Profit$25.7M+39.4%$26.5M+92.1%$25.0M+2106.4%$20.8M+65.4%$18.5M+55.8%$13.8M+84.3%$1.1M-88.5%$12.6M+26.3%
R&D Expenses$13.1M+19.2%$11.8M+4.1%$14.1M+23.4%$11.5M+1.8%$11.0M-6.2%$11.4M+6.7%$11.4M-6.0%$11.3M+5.4%
SG&A Expenses$16.2M+38.4%$15.1M+25.4%$15.7M+32.0%$14.8M+13.5%$11.7M-8.8%$12.0M+4.2%$11.9M+6.0%$13.0M+11.1%
Operating Income-$3.6M+15.8%-$719K+92.5%-$5.4M+79.5%-$7.3M+38.1%-$4.2M+66.6%-$9.6M+34.7%-$26.4M-84.3%-$11.8M+5.8%
EBITDA-$403K+61.2%$2.4M+138.8%-$1.8M+92.1%-$4.3M+50.0%-$1.0M+89.0%-$6.3M+43.9%-$22.6M-111.3%-$8.5M+3.4%
Interest Expense$204K-47.4%$300K+525.0%$331K$317K+1074.1%$388K+1840.0%$48KN/A$27K
Income Tax$75K+341.2%$53K-61.3%$272K+145.3%$273K+4.6%$17K-85.8%$137K-4.9%-$601K-2325.9%$261K+39.6%
Net Income-$1.3M+62.7%$645K+108.0%-$4.9M+80.3%-$6.9M+33.5%-$3.6M+69.4%-$8.1M+41.2%-$25.0M-88.6%-$10.3M+13.0%
EPS (Basic)-$0.02+71.4%$0.01+106.3%-$0.10+80.8%-$0.14+33.3%-$0.07+72.0%-$0.16+44.8%-$0.52-85.7%-$0.21+19.2%
EPS (Diluted)-$0.02+71.4%$0.01+106.3%-$0.10+80.8%-$0.14+33.3%-$0.07+72.0%-$0.16+44.8%-$0.52-85.7%-$0.21+19.2%
Diluted Shares (Avg)57M+14.9%60M+22.2%N/A50M+4.5%50M+4.0%49M+3.9%N/A48M+3.7%

LASR Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LASR quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$517.6M+75.3%$515.7M+77.8%$315.2M+16.6%$298.7M+2.5%$295.3M+0.3%$290.0M-4.2%$270.2M-11.9%$291.3M-6.9%
Current Assets$447.4M+100.7%$446.1M+106.7%$243.2M+25.3%$228.4M+8.4%$222.9M+4.9%$215.8M-1.6%$194.1M-12.0%$210.8M-6.0%
Cash & Equivalents$295.8M+275.3%$298.2M+262.8%$98.7M+49.9%$81.1M+95.6%$78.8M+59.6%$82.2M+34.1%$65.8M+23.7%$41.5M-20.4%
Short-Term Investments$34.7M-0.6%$34.4M-0.4%$34.9M+0.2%$34.7M-46.8%$34.9M-46.5%$34.5M-42.2%$34.9M-41.6%$65.2M+9.6%
Inventory$48.2M-0.1%$43.9M+0.2%$45.4M+11.3%$51.5M+5.4%$48.3M-7.7%$43.8M-17.4%$40.8M-21.8%$48.8M-20.7%
Accounts Receivable$46.8M+5.4%$48.1M+31.5%$50.8M+45.7%$49.3M+22.4%$44.4M+38.0%$36.6M+32.8%$34.9M-11.8%$40.3M+13.4%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$12.4M-0.2%$12.4M+0.4%$12.4M+0.8%$12.4M+0.3%$12.4M+0.6%$12.4M0.0%$12.4M-0.4%$12.4M+0.3%
Total Liabilities$77.7M-2.0%$86.5M+11.9%$88.5M+64.4%$80.2M+43.2%$79.3M+44.7%$77.2M+32.1%$53.8M+2.7%$56.0M+5.1%
Current Liabilities$54.7M+38.4%$63.0M+69.7%$64.2M+87.5%$40.5M+12.2%$39.6M+13.6%$37.2M-2.9%$34.2M+4.5%$36.1M+7.7%
Non-Current Liabilities$22.9M-42.2%$23.4M-41.6%$24.3M+23.9%$39.7M+99.5%$39.7M+99.1%$40.1M+98.3%$19.6M-0.3%$19.9M+0.7%
Total Equity$439.9M+103.7%$429.2M+101.7%$226.7M+4.8%$218.5M-7.1%$216.0M-9.8%$212.8M-12.9%$216.4M-14.9%$235.3M-9.3%
Retained Earnings-$349.3M-3.7%-$347.9M-4.4%-$348.6M-7.2%-$343.7M-14.5%-$336.8M-16.2%-$333.2M-19.8%-$325.1M-23.0%-$300.1M-19.5%

Not reported in any period shown, so not listed: Long-Term Debt.

LASR Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LASR quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$20.7M+1597.0%$9.7M+48515.0%$17.5M+550.7%$5.2M+192.9%-$1.4M+67.3%-$20K-100.2%-$3.9M-1062.1%-$5.6M-142.7%
Depreciation & Amortization$3.2M-1.0%$3.2M-4.9%$3.6M-4.4%$3.0M-7.2%$3.2M-1.8%$3.3M-5.3%$3.8M+4.4%$3.3M-11.6%
Stock-Based Compensation$11.0M+72.1%$10.9M+79.8%N/A$9.4M+43.4%$6.4M-9.0%$6.1M+11.5%N/A$6.5M-1.5%
Capital Expenditures$4.8M+102.7%$2.1M-7.4%$1.6M-39.4%$2.8M+71.9%$2.4M+11.5%$2.3M+46.6%$2.6M+174.8%$1.6M-41.3%
Free Cash Flow$15.9M+520.4%$7.6M+429.0%$15.9M+344.9%$2.4M+133.9%-$3.8M+40.7%-$2.3M-123.4%-$6.5M-1085.1%-$7.2M-169.5%
Investing Cash Flow-$4.8M-148.7%-$1.4M+43.8%-$1.5M-105.4%-$2.9M-45.8%-$1.9M+73.6%-$2.4M-57.2%$27.6M+3047.0%-$2.0M+15.3%
Financing Cash Flow-$18.3M-6446.6%$191.2M+919.1%$1.6M+49.2%$33K+105.8%-$279K-54.1%$18.8M+1261.9%$1.1M-11.4%-$573K-18.9%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

LASR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

LASR quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin31.1%+1.3pp33.1%+6.4pp30.7%+28.4pp31.1%+8.7pp29.9%+6.4pp26.7%+9.9pp2.4%-16.5pp22.4%+2.7pp
Operating Margin-4.3%+2.5pp-0.9%+17.7pp-6.7%+49.1pp-10.9%+10.1pp-6.9%+18.3pp-18.6%+14.5pp-55.8%-28.1pp-21.0%+3.7pp
Net Margin-1.6%+4.2pp0.8%+16.5pp-6.0%+46.6pp-10.3%+8.1pp-5.8%+17.4pp-15.7%+15.3pp-52.7%-27.2pp-18.4%+5.0pp
Return on Equity-0.3%+1.4pp0.1%+4.0pp-2.2%+9.4pp-3.1%+1.2pp-1.7%+3.2pp-3.8%+1.8pp-11.5%-6.3pp-4.4%+0.2pp
Return on Assets-0.3%+1.0pp0.1%+2.9pp-1.6%+7.7pp-2.3%+1.2pp-1.2%+2.8pp-2.8%+1.8pp-9.2%-4.9pp-3.5%+0.3pp
Current Ratio8.17+2.5x7.07+1.3x3.79-1.9x5.63-0.2x5.63-0.5x5.81+0.1x5.67-1.1x5.83-0.9x
Debt-to-Equity0.18-0.2x0.20-0.2x0.39+0.1x0.37+0.1x0.37+0.1x0.36+0.1x0.250.0x0.240.0x
Asset Turnover0.160.0x0.160.0x0.26+0.1x0.220.0x0.210.0x0.180.0x0.180.0x0.190.0x
FCF Margin19.2%+25.4pp9.4%+13.9pp19.6%+33.4pp3.7%+16.6pp-6.1%+6.5pp-4.5%-26.5pp-13.7%-12.7pp-12.9%-33.4pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
nLIGHT, Inc. LASR FY2025 $261.3M -$23.5M -9.0% $2.3B 50/100
Himax Technologies, Inc. HIMX FY2025 $945.4M $49.4M 5.2% $2.7B 35/100
MaxLinear, Inc. MXL FY2025 $467.6M -$136.7M -29.2% $9.6B 44/100
Navitas Semiconductor Corporation NVTS FY2025 $45.9M -$117.0M N/A $3.3B 47/100
Alpha and Omega Semiconductor Limited AOSL FY2026 $678.9M -$42.3M -6.2% $916.4M 45/100
ChipMOS TECHNOLOGIES INC IMOS FY2025 $762.9M $17.6M 2.3% $2.9B 41/100

Frequently Asked Questions

What is nLIGHT, Inc.'s annual revenue?

nLIGHT, Inc. (LASR) reported $261.3M in total revenue for fiscal year 2025. This represents a 31.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is nLIGHT, Inc.'s revenue growing?

nLIGHT, Inc. (LASR) revenue grew by 31.6% year-over-year, from $198.5M to $261.3M in fiscal year 2025.

Is nLIGHT, Inc. profitable?

No, nLIGHT, Inc. (LASR) reported a net income of -$23.5M in fiscal year 2025, with a net profit margin of -9.0%.

nLIGHT, Inc. (LASR) reported diluted earnings per share of -$0.47 for fiscal year 2025. This represents a 63.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

nLIGHT, Inc. (LASR) had EBITDA of -$13.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

nLIGHT, Inc. (LASR) had a gross margin of 29.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

nLIGHT, Inc. (LASR) had an operating margin of -10.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

nLIGHT, Inc. (LASR) had a net profit margin of -9.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

nLIGHT, Inc. (LASR) has a return on equity of -10.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

nLIGHT, Inc. (LASR) generated $12.3M in free cash flow during fiscal year 2025. This represents a 219.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

nLIGHT, Inc. (LASR) generated $21.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

nLIGHT, Inc. (LASR) had $315.2M in total assets as of fiscal year 2025, including both current and long-term assets.

nLIGHT, Inc. (LASR) invested $9.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

nLIGHT, Inc. (LASR) invested $48.0M in research and development during fiscal year 2025.

nLIGHT, Inc. (LASR) had 56M shares outstanding as of fiscal year 2025.

nLIGHT, Inc. (LASR) had a current ratio of 3.79 as of fiscal year 2025, which is generally considered healthy.

nLIGHT, Inc. (LASR) had a debt-to-equity ratio of 0.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

nLIGHT, Inc. (LASR) had a return on assets of -7.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

nLIGHT, Inc. (LASR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $2.3B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

nLIGHT, Inc. (LASR) trades at 7.3x sales, its market capitalization divided by revenue of $310.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.3B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

nLIGHT, Inc. (LASR) has an Altman Z-Score of 15.14, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

nLIGHT, Inc. (LASR) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

nLIGHT, Inc. (LASR) reported a net loss of $23.5M while generating $21.3M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

nLIGHT, Inc. (LASR) reported an operating loss of $26.6M against $1.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

nLIGHT, Inc. (LASR) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top