Lightpath Technologies (LPTH) Financials
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 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LPTH SEC filings page.
Lightpath Technologies Inc (LPTH) reported $71.7M in revenue for fiscal year 2026, up 92.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
FY2026 revenue nearly doubled, but expansion still required financing because operations remained cash-negative and unprofitable.
Growth improved the gross margin from27.2% to36.0% , yet operating losses widened from$11.8M to$19.7M . That gap indicates the larger revenue base has not yet absorbed the company’s operating-cost structure.
Cash conversion remains the central constraint: FY2026 operating cash flow was negative
The balance sheet changed through financing rather than self-funded growth: FY2026 financing cash flow was
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. 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 Lightpath Technologies 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.
Lightpath Technologies Inc held $93.2M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $10.2M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Lightpath Technologies Inc scores 79/100 among other emerging companies.
Lightpath Technologies Inc had 70M shares outstanding at the end of fiscal year 2026, against 45M in fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Lightpath Technologies Inc scores 26/100 among other emerging companies.
Lightpath Technologies Inc spent $3.8M on research and development in fiscal year 2026, which was 4.1% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Lightpath Technologies Inc scores 22/100 among other emerging companies.
Lightpath Technologies Inc reported revenue of $71.7M in fiscal year 2026, against $37.2M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Lightpath Technologies Inc scores 78/100 among other emerging companies.
Not available for Lightpath Technologies Inc, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
Lightpath Technologies Inc's cash, cash equivalents and investments came to $93.2M at the end of fiscal year 2026, against $35.6M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Lightpath Technologies Inc scores 80/100 among other emerging companies.
Lightpath Technologies Inc scores 7.63, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $520.4M against total liabilities of $35.6M. 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.
Lightpath Technologies Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Lightpath Technologies Inc reported a net loss of $20.5M while operations used $10.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Lightpath Technologies Inc generated $21.2M in revenue in Q4 2026. This represents an increase of 73.3% from the same quarter a year earlier. Against the prior quarter it is up 10.5%.
Lightpath Technologies Inc's EBITDA was -$3.1M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Lightpath Technologies Inc reported a net loss of $4.1M in Q4 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Lightpath Technologies Inc earned -$0.05 per diluted share (EPS) in Q4 2026. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Lightpath Technologies Inc recorded an outflow of $9.5M in free cash flow in Q4 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Lightpath Technologies Inc held $93.2M in cash as of Q4 2026; no long-term debt figure is on record for that period.
Not reported for Q4 2026.
Margins & Returns
Lightpath Technologies Inc's gross margin was 39.4% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 17.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.
Lightpath Technologies Inc's operating margin was -20.3% in Q4 2026, reflecting core business profitability. This is up 16.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.
Lightpath Technologies Inc's net profit margin was -19.6% in Q4 2026, showing the share of revenue converted to profit. This is up 38.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.
Lightpath Technologies Inc's quarterly ROE was -2.8% in Q4 2026: one quarter's net income over shareholder equity, not annualized. This is up 42.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Capital Allocation
Lightpath Technologies Inc invested $1.1M in research and development in Q4 2026. This represents an increase of 5.7% from the same quarter a year earlier. Against the prior quarter it is up 8.1%.
Lightpath Technologies Inc invested $4.4M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 549.1% from the same quarter a year earlier. Against the prior quarter it is up 391.8%.
Not reported for Q4 2026.
LPTH 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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.2M+73.3% | $19.1M+108.9% | $16.4M+120.2% | $15.1M+79.3% | $12.2M+41.4% | $9.2M+19.1% | $7.4M+1.5% | $8.4M+4.0% |
| Cost of Revenue | $12.8M+34.6% | $12.2M+87.5% | $10.3M+88.0% | $10.6M+90.3% | $9.5M+55.8% | $6.5M+6.7% | $5.5M+6.7% | $5.6M-3.3% |
| Gross Profit | $8.3M+210.2% | $7.0M+161.1% | $6.0M+211.8% | $4.5M+57.6% | $2.7M+6.6% | $2.7M+65.9% | $1.9M-11.0% | $2.8M+22.0% |
| R&D Expenses | $1.1M+5.7% | $1.0M+37.5% | $749K-2.0% | $867K+82.1% | $1.1M+82.7% | $758K+33.0% | $764K+25.8% | $476K-25.5% |
| SG&A Expenses | $8.1M+71.3% | $6.3M+41.5% | $5.9M+74.6% | $4.4M+34.0% | $4.7M+31.4% | $4.4M+40.2% | $3.4M+17.4% | $3.3M+22.9% |
| Operating Income | -$4.3Mn/m | -$4.3Mn/m | -$8.6Mn/m | -$2.5Mn/m | -$4.5Mn/m | -$3.5Mn/m | -$2.5Mn/m | -$1.4Mn/m |
| EBITDA | -$3.1Mn/m | -$2.9Mn/m | -$7.3Mn/m | -$1.3Mn/m | -$3.8Mn/m | -$1.9Mn/m | -$1.5Mn/m | -$387Kn/m |
| Interest Expense | N/A | N/A | $285K+68.6% | $269K+80.0% | $313K+631.0% | $487K+1193.1% | $169K+214.3% | $149K+159.3% |
| Income Tax | $111Kn/m | $91K-8.6% | $31K-31.4% | $81K+419.8% | -$122Kn/m | $100K+1625.3% | $45K-41.5% | $16K-60.5% |
| Net Income | -$4.1Mn/m | -$4.1Mn/m | -$9.4Mn/m | -$2.9Mn/m | -$7.1Mn/m | -$3.6Mn/m | -$2.6Mn/m | -$1.6Mn/m |
| EPS (Basic) | -$0.05 | -$0.07n/m | -$0.20n/m | -$0.07n/m | -$0.17n/m | -$0.09n/m | -$0.07-240.0% | -$0.04n/m |
| EPS (Diluted) | -$0.05 | -$0.07n/m | -$0.20n/m | -$0.07n/m | -$0.17n/m | -$0.09n/m | -$0.07-240.0% | -$0.04n/m |
| Diluted Shares (Avg) | N/A | 59M+41.7% | 47M+18.3% | 43M+9.4% | N/A | 41M+8.9% | 40M+5.9% | 40M+5.7% |
LPTH 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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $194.0M+138.0% | $144.3M+77.2% | $148.6M+224.2% | $87.3M+80.1% | $81.5M+69.5% | $81.4M+63.8% | $45.8M-15.2% | $48.4M-12.4% |
| Current Assets | $129.9M+357.8% | $83.0M+195.6% | $97.0M+519.9% | $35.2M+109.2% | $28.4M+82.6% | $28.1M+80.6% | $15.6M-16.7% | $16.8M-15.8% |
| Cash & Equivalents | $93.2M+1811.1% | $55.2M+752.5% | $73.6M+2198.4% | $11.5M+168.8% | $4.9M+40.1% | $6.5M+105.1% | $3.2M-9.5% | $4.3M-0.8% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $18.0M+40.0% | $13.3M+5.2% | $13.5M+109.9% | $12.9M+89.4% | $12.9M+96.3% | $12.7M+85.8% | $6.4M-14.5% | $6.8M-9.5% |
| Accounts Receivable | $15.1M+59.8% | $10.8M+41.1% | $8.6M+62.6% | $9.6M+84.6% | $9.5M+91.8% | $7.7M+64.2% | $5.3M+12.1% | $5.2M+3.4% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $19.3M+40.4% | $19.3M+98.3% | $13.8M+103.3% | $13.8M+103.3% | $13.8M+103.3% | $9.7M+44.0% | $6.8M0.0% | $6.8M-24.1% |
| Total Liabilities | $35.6M-45.9% | $31.4M-52.2% | $70.6M+269.3% | $65.8M+246.4% | $65.9M+268.2% | $65.7M+265.0% | $19.1M-6.1% | $19.0M-6.9% |
| Current Liabilities | $26.2M+53.1% | $21.5M+76.0% | $24.4M+138.8% | $17.8M+82.3% | $17.1M+112.8% | $12.2M+57.9% | $10.2M+5.2% | $9.7M+14.3% |
| Non-Current Liabilities | $9.5M-80.6% | $9.9M-81.6% | $46.2M+419.3% | $48.1M+419.1% | $48.8M+395.0% | $53.5M+421.7% | $8.9M-16.4% | $9.3M-22.1% |
| Long-Term Debt | N/A | N/A | N/A | $4.9M+1608.5% | $4.8M+1374.5% | $4.7M+1602.1% | $223K-31.8% | $285K-77.0% |
| Total Equity | $149.5M+855.4% | $89.1M+466.6% | $77.9M+191.9% | $21.4M-27.2% | $15.6M-48.2% | $15.7M-50.4% | $26.7M-20.8% | $29.4M-15.6% |
| Retained Earnings | -$251.3Mn/m | -$247.1Mn/m | -$243.0Mn/m | -$233.6Mn/m | -$230.7Mn/m | -$223.7Mn/m | -$220.1Mn/m | -$217.5Mn/m |
LPTH 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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.1Mn/m | -$6.8Mn/m | $2.8Mn/m | -$1.1Mn/m | -$2.6M-4196.1% | -$3.2Mn/m | -$737Kn/m | -$1.7M-249.1% |
| Depreciation & Amortization | $1.3M+66.6% | $1.3M-12.8% | $1.3M+38.1% | $1.2M+23.2% | $792K-25.4% | $1.5M+46.2% | $938K-17.0% | $990K+21.6% |
| Stock-Based Compensation | N/A | $563K+135.4% | $342K+41.6% | $360K+36.0% | N/A | $239K-9.6% | $242K-6.6% | $264K+10.2% |
| Capital Expenditures | $4.4M+549.1% | $899K+113.9% | $868K+979.2% | $77K-3.4% | $682K+134.9% | $421K+3.0% | $80K-84.8% | $80K-91.7% |
| Free Cash Flow | -$9.5Mn/m | -$7.7Mn/m | $2.0Mn/m | -$1.2Mn/m | -$3.3Mn/m | -$3.7Mn/m | -$818Kn/m | -$1.8M-1062.2% |
| Investing Cash Flow | -$3.9M-465.0% | -$7.9Mn/m | -$868Kn/m | -$77Kn/m | $1.1Mn/m | -$20.7Mn/m | -$80Kn/m | -$69Kn/m |
| Financing Cash Flow | $47.0Mn/m | -$3.7M-113.6% | $59.9Mn/m | $7.8M+212.7% | -$276K-145.8% | $27.2Mn/m | -$99Kn/m | $2.5Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LPTH 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.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.4%+17.4pp | 36.3%+7.3pp | 36.8%+10.8pp | 29.8%-4.1pp | 22.0%-7.2pp | 29.1%+8.2pp | 26.0%-3.6pp | 33.9%+5.0pp |
| Operating Margin | -20.3%+16.6pp | -22.2%+15.5pp | -52.6%-19.1pp | -16.6%-0.3pp | -36.9%-11.3pp | -37.7%-4.1pp | -33.5%-9.1pp | -16.4%-0.9pp |
| Net Margin | -19.6%+38.2pp | -21.4%+17.6pp | -57.5%-22.3pp | -19.2%+0.1pp | -57.8%-30.5pp | -39.1%-5.3pp | -35.2%-11.8pp | -19.3%-2.7pp |
| Return on Equity | -2.8%+42.3pp | -4.6%+18.2pp | -12.1%-2.3pp | -13.5%-8.0pp | -45.1%-37.3pp | -22.8%-14.6pp | -9.8%-4.7pp | -5.5%-1.7pp |
| Return on Assets | -2.1%+6.5pp | -2.9%+1.5pp | -6.3%-0.6pp | -3.3%0.0pp | -8.7%-3.8pp | -4.4%+0.8pp | -5.7%-2.5pp | -3.4%-0.9pp |
| Current Ratio | 4.96+3.3x | 3.85+1.6x | 3.97+2.4x | 1.98+0.3x | 1.66-0.3x | 2.30+0.3x | 1.53-0.4x | 1.73-0.6x |
| Debt-to-Equity | N/A | N/A | N/A | 0.23+0.2x | 0.31+0.3x | 0.30+0.3x | 0.010.0x | 0.010.0x |
| Liabilities-to-Equity | 0.24-4.0x | 0.35-3.8x | 0.91+0.2x | 3.07+2.4x | 4.21+3.6x | 4.18+3.6x | 0.72+0.1x | 0.65+0.1x |
| Asset Turnover | 0.110.0x | 0.130.0x | 0.11-0.1x | 0.170.0x | 0.150.0x | 0.110.0x | 0.160.0x | 0.170.0x |
| FCF Margin | -45.0%-17.8pp | -40.2%-0.2pp | 12.0%+23.0pp | -8.1%+13.1pp | -27.3%-24.7pp | -40.0%-29.5pp | -11.0%+0.2pp | -21.2%-23.5pp |
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 |
|---|---|---|---|---|---|---|
| Lightpath Technologies Inc LPTH | FY2026 | $71.7M | -$20.5M | -28.6% | $520.4M | 57/100 |
| Methode Electronics MEI | FY2026 | $1.0B | -$35.7M | -3.5% | $439.1M | 29/100 |
| KULR Technology Group, Inc. KULR | FY2025 | $16.2M | -$61.9M | N/A | $71.7M | 50/100 |
| Richardson Electronics Ltd RELL | FY2026 | $228.6M | $6.4M | 2.8% | $275.8M | 53/100 |
| M-tron Industries, Inc. MPTI | FY2025 | $54.4M | $8.4M | 15.5% | $294.1M | 81/100 |
| Interlink Electronics, Inc. LINK | FY2025 | $11.9M | -$1.6M | -13.6% | $64.7M | 52/100 |
Where Lightpath Technologies Inc Ranks
Frequently Asked Questions
What is Lightpath Technologies Inc's annual revenue?
Lightpath Technologies Inc (LPTH) reported $71.7M in total revenue for fiscal year 2026. This represents a 92.8% 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 Lightpath Technologies Inc's revenue growing?
Lightpath Technologies Inc (LPTH) revenue grew by 92.8% year-over-year, from $37.2M to $71.7M in fiscal year 2026.
Is Lightpath Technologies Inc profitable?
No, Lightpath Technologies Inc (LPTH) reported a net loss of $20.5M in fiscal year 2026, with a net profit margin of -28.6%.
What is Lightpath Technologies Inc's EBITDA?
Lightpath Technologies Inc (LPTH) had EBITDA of -$14.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Lightpath Technologies Inc's gross margin?
Lightpath Technologies Inc (LPTH) had a gross margin of 36.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lightpath Technologies Inc's operating margin?
Lightpath Technologies Inc (LPTH) had an operating margin of -27.4% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Lightpath Technologies Inc's net profit margin?
Lightpath Technologies Inc (LPTH) had a net profit margin of -28.6% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Lightpath Technologies Inc's return on equity (ROE)?
Lightpath Technologies Inc (LPTH) has a return on equity of -13.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Lightpath Technologies Inc's free cash flow?
Lightpath Technologies Inc (LPTH) recorded an outflow of $16.5M in free cash flow during fiscal year 2026. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
What is Lightpath Technologies Inc's operating cash flow?
Lightpath Technologies Inc (LPTH) recorded an outflow of $10.2M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Lightpath Technologies Inc's total assets?
Lightpath Technologies Inc (LPTH) had $194.0M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Lightpath Technologies Inc's capital expenditures?
Lightpath Technologies Inc (LPTH) invested $6.3M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Lightpath Technologies Inc spend on research and development?
Lightpath Technologies Inc (LPTH) invested $3.8M in research and development during fiscal year 2026.
What is Lightpath Technologies Inc's current ratio?
Lightpath Technologies Inc (LPTH) had a current ratio of 4.96 as of fiscal year 2026, which is generally considered healthy.
What is Lightpath Technologies Inc's liabilities-to-equity ratio?
Lightpath Technologies Inc (LPTH) had a liabilities-to-equity ratio of 0.24 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
What is Lightpath Technologies Inc's return on assets (ROA)?
Lightpath Technologies Inc (LPTH) had a return on assets of -10.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Lightpath Technologies Inc's P/E ratio?
Lightpath Technologies Inc (LPTH) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $520.4M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Lightpath Technologies Inc's price-to-sales ratio?
Lightpath Technologies Inc (LPTH) trades at 7.3x sales, its market capitalization divided by $71.7M revenue, FY2026. The market capitalization is $520.4M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Lightpath Technologies Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Lightpath Technologies Inc (LPTH) held $93.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $10.2M over that year. Dividing the one by the other, the reported balance equals about 109 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Lightpath Technologies Inc's Altman Z-Score?
Lightpath Technologies Inc (LPTH) has an Altman Z-Score of 7.63, 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.
What is Lightpath Technologies Inc's Piotroski F-Score?
Lightpath Technologies Inc (LPTH) has a Piotroski F-Score of 4 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.
Are Lightpath Technologies Inc's earnings high quality?
Lightpath Technologies Inc (LPTH) reported a net loss of $20.5M while operations used $10.2M of cash. With neither figure positive, 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.
How financially healthy is Lightpath Technologies Inc?
Lightpath Technologies Inc (LPTH) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), 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. For Lightpath Technologies Inc it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. 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.