Company Description
nLIGHT, Inc. (NASDAQ: LASR) is a manufacturer in the electromedical and electrotherapeutic apparatus space that focuses on high-power laser technology. According to company disclosures, nLIGHT is a provider of high-power lasers used in mission critical directed energy, optical sensing, and advanced manufacturing applications. The company is headquartered in Camas, Washington, and reports that it has operations in the United States, Europe, and Asia.
nLIGHT states that it designs, manufactures, and sells power semiconductor and fiber lasers that are typically integrated into laser systems. Based on available information, it organizes its activities into two primary areas: a Laser Products business and an Advanced Development (also described as Development) business. The Laser Products segment includes semiconductor lasers, fiber lasers, and directed energy products. The Development segment includes revenue earned from research and development contracts.
The company’s reported markets include aerospace and defense, industrial, and microfabrication. In multiple news releases, nLIGHT highlights the importance of its aerospace and defense market, describing record revenue from this area and noting demand for its directed energy products and laser sensing solutions. Management commentary emphasizes that revenue from aerospace and defense programs has been a key driver of recent performance.
Business segments and focus areas
According to the company’s descriptions and financial reporting, nLIGHT’s business can be viewed in two main segments:
- Laser Products: Includes semiconductor lasers, fiber lasers, and directed energy products that are used in mission critical directed energy, optical sensing, and advanced manufacturing applications.
- Development / Advanced Development: Consists of revenue from research and development contracts, which the company reports separately from its products revenue.
Financial disclosures show the company reporting Products and Development revenue lines, and management frequently refers to Advanced Development revenue in connection with aerospace and defense programs. The company also reports the use of non-GAAP metrics such as Adjusted EBITDA and non-GAAP net income (loss) alongside GAAP results, explaining that these measures are used internally to evaluate performance and identify trends.
End markets and applications
nLIGHT identifies three broad application areas for its high-power lasers: directed energy, optical sensing, and advanced manufacturing. Within these, the company highlights demand from the aerospace and defense market, and also notes industrial and microfabrication applications. In its public statements, nLIGHT connects growth in aerospace and defense revenue to increased demand for its portfolio of directed energy products and laser sensing solutions.
According to its own descriptions, nLIGHT’s products are used in mission critical settings, particularly in defense-related programs. The company’s communications emphasize visibility into multiple programs in directed energy and laser sensing, and refer to growth opportunities in aerospace and defense as a strategic focus area.
Geographic footprint
Based on the information provided, nLIGHT is headquartered in Camas, Washington, and states that it has operations in the United States, Europe, and Asia. Earlier descriptions also refer to revenue across North America, Asia Pacific, and EMEA. This indicates that the company serves customers and partners across several major geographic regions, although specific countries or sites are not detailed in the available materials.
Financial reporting and corporate profile
nLIGHT files periodic financial statements and current reports with the U.S. Securities and Exchange Commission and trades on the Nasdaq under the ticker symbol LASR. In its quarterly earnings releases, the company reports revenue split between Products and Development, gross margin, operating results, and cash flow information. It also provides outlook ranges for future revenue, gross margin, and Adjusted EBITDA, while noting that certain non-GAAP reconciliations cannot be provided in advance due to factors such as foreign exchange gains and losses.
The company explains that it uses Adjusted EBITDA, non-GAAP net income (loss), and related per-share metrics as supplemental measures to evaluate its business and to present an additional view of performance by excluding items such as stock-based compensation, amortization of purchased intangibles, acquisition and integration-related costs, and other non-recurring items. nLIGHT also discloses stock-based compensation amounts in its cost of revenues, research and development, and sales, general, and administrative expenses.
Corporate governance and board composition
Public announcements indicate that nLIGHT’s board of directors includes individuals with backgrounds in finance, legal, aerospace and defense, industrial companies, and technology. For example, the company has announced appointments of directors with experience in defense technology, advanced manufacturing, and financial leadership, and has described how these backgrounds are intended to support governance, compliance, and growth strategies, particularly in aerospace and defense markets.
Position within the manufacturing and laser industry
Within the broader manufacturing sector and the specific category of electromedical and electrotherapeutic apparatus manufacturing, nLIGHT positions itself as a provider of high-power lasers that can be integrated into larger systems for defense, sensing, and manufacturing uses. Company communications consistently describe nLIGHT as a leading provider of high-power lasers for mission critical directed energy, optical sensing, and advanced manufacturing applications, and emphasize its focus on aerospace and defense growth opportunities.
FAQs about nLIGHT, Inc. (LASR)
- What does nLIGHT, Inc. do?
nLIGHT, Inc. designs, manufactures, and sells power semiconductor and fiber lasers that are typically integrated into laser systems. The company describes itself as a provider of high-power lasers for mission critical directed energy, optical sensing, and advanced manufacturing applications.
- In which industry and sector does nLIGHT operate?
nLIGHT is classified in the Electromedical and Electrotherapeutic Apparatus Manufacturing industry within the broader Manufacturing sector.
- What are nLIGHT’s main business segments?
According to company descriptions, nLIGHT operates through a Laser Products segment, which includes semiconductor lasers, fiber lasers, and directed energy products, and a Development or Advanced Development segment that includes revenue from research and development contracts.
- Which markets does nLIGHT serve?
nLIGHT reports that its lasers are used in aerospace and defense, industrial, and microfabrication applications. The company also highlights directed energy, optical sensing, and advanced manufacturing as key application areas.
- Why is aerospace and defense important to nLIGHT?
In its public earnings releases, nLIGHT notes that record revenue from aerospace and defense markets has driven recent results. The company cites increased demand for its directed energy products and laser sensing solutions and refers to aerospace and defense as a major growth opportunity.
- Where is nLIGHT headquartered and where does it operate?
nLIGHT states that it is headquartered in Camas, Washington, and that it has operations in the United States, Europe, and Asia. Earlier descriptions also reference revenue from North America, Asia Pacific, and EMEA.
- On which exchange is nLIGHT stock traded and what is its ticker?
nLIGHT’s common stock trades on the Nasdaq under the ticker symbol LASR.
- How does nLIGHT describe its financial performance?
In its quarterly results, nLIGHT reports revenue, gross margin, operating income or loss, net income or loss, and cash flow information. It also provides non-GAAP measures such as Adjusted EBITDA and non-GAAP net income (loss), explaining that these are used to evaluate its business and identify trends.
- What is the role of the Development or Advanced Development segment?
The Development or Advanced Development segment consists of revenue from research and development contracts. Company disclosures link this activity to programs in areas such as aerospace and defense, including directed energy and laser sensing.
- Does nLIGHT provide guidance or outlook?
In its earnings releases, nLIGHT provides ranges for expected future revenue, gross margin, and Adjusted EBITDA. It notes that certain components of non-GAAP reconciliations, such as foreign exchange gains and losses, cannot be reasonably predicted in advance.