Laser Photonics Q1 2026 revenue drops, loss widens

Laser Photonics Corporation reported a weaker first quarter of 2026 but with a stronger balance sheet and growing defense opportunities.

Rhea-AI Filing Summary

Laser Photonics Corporation reported a weaker first quarter of 2026 but with a stronger balance sheet and growing defense opportunities. Net sales were $0.9 million, down from $2.3 million a year earlier, as equipment delivery timing reduced near-term revenue and led to a $0.4 million gross loss versus $0.9 million gross profit previously.

Total operating expenses were $2.4 million, essentially flat with $2.5 million in the prior-year quarter, while net loss widened to $2.9 million, or $(0.11) per share, compared with a $1.7 million loss, or $(0.12) per share. The company ended the quarter with $1.6 million in cash, up from $0.7 million at December 31, 2025.

The company raised approximately $6.1 million in net proceeds during the quarter and a further $3.6 million in April 2026 through a public offering and warrant inducements, using the funds to repay all past-due notes payable and improve working capital. Contract liabilities and deferred revenue rose to about $4.2 million combined, reflecting an expanding order book. Operationally, the Laser Shield Anti-Drone System was selected under the MEIA “Vulcan” Call for Solutions and a new DefenseTech product line was launched, while manufacturing consolidation into the Lake Mary facility is expected to generate nearly $1 million in annualized cost savings.

Positive

• Approximately $6.1 million in net proceeds raised in Q1 2026 plus $3.6 million in April 2026, allowing full repayment of past-due notes payable and increasing quarter-end cash to $1.6 million from $0.7 million at December 31, 2025.
• Manufacturing consolidation into the Lake Mary, Florida facility is expected to deliver nearly $1 million in annualized cost savings, which can support future margin improvement once revenue volumes normalize.
• The Laser Shield Anti-Drone System was selected under the MEIA “Vulcan” Call for Solutions in the Counter-C5ISR-T category, and a new DefenseTech product line was launched, strengthening the company’s positioning in defense markets.

Negative

• First-quarter 2026 net sales declined to $0.9 million from $2.3 million in the prior-year quarter, leading to a $0.4 million gross loss versus $0.9 million gross profit previously.
• Net loss widened to $2.9 million, or $(0.11) per share, from $1.7 million, or $(0.12) per share, driven largely by lower sales volume against a relatively fixed cost base.

Insights

Small-cap industrial and defense analyst

Revenue declined sharply, but cash and defense positioning improved.

Laser Photonics saw Q1 2026 net sales fall to $0.9 million from $2.3 million, driving a shift to a $0.4 million gross loss and widening net loss of $2.9 million. This reflects lower equipment deliveries and under-absorbed manufacturing costs.

At the same time, the company raised about $6.1 million in Q1 and $3.6 million in April via an offering and warrant inducements, repaying all past-due notes payable and lifting cash to $1.6 million at quarter-end. Contract liabilities and deferred revenue of roughly $4.2 million suggest future revenue visibility, though conversion timing remains dependent on project execution.

Strategically, selection of the Laser Shield Anti-Drone System under the MEIA “Vulcan” Call for Solutions and launch of the DefenseTech product line highlight growing defense exposure. Planned annualized cost savings of nearly $1 million from manufacturing consolidation may support margins once revenue rebounds. Overall, the filing combines near-term earnings pressure with balance sheet repair and emerging defense momentum.

8-K Event Classification

2 items: 7.01, 9.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Q1 2026 net sales: $0.9 million Prior-year Q1 net sales: $2.3 million Q1 2026 net loss per share: $(0.11) per share +5 more

8 metrics

Q1 2026 net sales $0.9 million Total net sales for the first quarter of 2026

Prior-year Q1 net sales $2.3 million Total net sales for the same quarter a year ago

Q1 2026 net loss per share $(0.11) per share Net loss per basic and diluted share in Q1 2026

Q1 2026 net loss $2.9 million Net loss for the first quarter of 2026

Cash balance $1.6 million Cash at March 31, 2026, vs $0.7 million at December 31, 2025

Capital raised Q1 plus April 2026 $9.7 million Approx. $6.1M in Q1 2026 and $3.6M in April 2026 net proceeds

Contract liabilities and deferred revenue $4.2 million Combined contract liabilities and deferred revenue at quarter-end

Expected annualized cost savings Nearly $1 million Projected savings from manufacturing consolidation in Lake Mary, Florida

Key Terms

contract liabilities, deferred revenue, gross loss, warrant inducements, +2 more

6 terms

contract liabilities financial

"contract liabilities and deferred revenue rising to approximately $4.2 million combined at quarter-end"

Contract liabilities are amounts a company has been paid in advance for goods or services it still owes to customers — think of them like gift cards or prepaid subscriptions the company must fulfill later. For investors, they show promised future work or deliveries that will turn into revenue over time, reveal cash already collected, and help assess whether a firm has a backlog of obligations that could affect future earnings and cash flow.

deferred revenue financial

"contract liabilities and deferred revenue rising to approximately $4.2 million combined at quarter-end"

Cash a company has already received for goods or services it has promised but not yet delivered; it's recorded as a liability because the company still owes that product, service, or future revenue recognition. For investors, deferred revenue signals upcoming work or deliveries that will convert into reported sales over time and affects short-term obligations, cash flow quality, and how quickly a firm can grow recognized revenue—think of it like prepaid subscriptions or gift cards a business must honor later.

gross loss financial

"Gross loss for the first quarter of 2026 was $0.4 million"

Gross loss is the total amount of money a business or investment lost before subtracting recoveries, insurance reimbursements, refunds, taxes, or other adjustments. Think of it as the sticker price of a loss—what was lost on paper before any offsets or fixes are applied—which helps investors see the raw scale of a problem and compare underlying performance across periods or peers.

warrant inducements financial

"net proceeds during the quarter from its February 2026 public offering and subsequent warrant exercises and inducements"

Warrant inducements are extra options to buy a company’s stock that are offered as a sweetener to persuade someone to invest, approve a deal, or take a role. Like a manufacturer throwing in a free coupon to close a sale, these extra warrants can increase the number of shares that may be issued later, diluting existing owners and affecting per-share value, so investors watch them for potential impact on ownership and future earnings per share.

Counter-C5ISR-T technical

"selected by the U.S. Department of War under the MEIA “Vulcan” Call for Solutions as a top submission in the Counter-C5ISR-T category"

MEIA “Vulcan” Call for Solutions technical

"selected by the U.S. Department of War under the MEIA “Vulcan” Call for Solutions"

Earnings Snapshot

Net sales: $0.9 million

Q1 2026

Net sales $0.9 million

Net loss $2.9 million

Net loss per share $(0.11)

Gross loss $0.4 million

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How did Laser Photonics (LASE) perform financially in Q1 2026?

Laser Photonics reported Q1 2026 net sales of $0.9 million, down from $2.3 million a year earlier, resulting in a $0.4 million gross loss and a $2.9 million net loss, or $(0.11) per share, versus a $1.7 million loss previously.

What balance sheet changes did Laser Photonics (LASE) make in early 2026?

The company raised about $6.1 million in Q1 2026 and $3.6 million in April 2026 through an offering and warrant inducements, repaid all past-due notes payable, including related-party borrowings, and increased cash to $1.6 million from $0.7 million at December 31, 2025.

What are Laser Photonics’ key defense developments mentioned in the Q1 2026 update?

Laser Photonics’ Laser Shield Anti-Drone System was selected under the MEIA “Vulcan” Call for Solutions in the Counter-C5ISR-T category and invited to a technical exchange. The company also launched a DefenseTech product line for military maintenance, repair, overhaul, and logistics applications.

How is Laser Photonics (LASE) expanding in commercial and medical markets?

The company highlighted new orders across pharmaceutical, medical device, energy, and industrial sectors, including a $0.25 million custom laser-drilling system for Johnson & Johnson and a $0.5 million CMS laser system for a medical device manufacturer, marking entry into medical device manufacturing.

What cost-saving actions did Laser Photonics take in Q1 2026?

Laser Photonics completed consolidation of all manufacturing operations into its Lake Mary, Florida facility. This move is expected to generate nearly $1 million in annualized cost savings and simplify the company’s cost structure going forward.

What does Laser Photonics’ contract liabilities and deferred revenue indicate?

Contract liabilities and deferred revenue combined reached approximately $4.2 million at quarter-end, indicating an expanding order book and committed customer projects that are expected to convert into recognized revenue as equipment is delivered and milestones are met.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 05:15 PM EDT Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 11, 2026

LASER PHOTONICS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		001-41515		84-3628771
(State of other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

250 Technology Park.
Lake Mary, FL		32746
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (407) 804-1000

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		LASE		The Nasdaq Stock Market LLC

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 7.01. Regulation FD Disclosure.

The registrant (“Laser Photonics” or the “Company”) issued a press release regarding its financial results and accomplishments achieved during the quarter ended March 31, 2026, and through the date of its filing of the Form 10-Q today.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished herein, including Exhibit 99.1, is not deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section. This information will not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the registrant specifically incorporates it by reference.

Item 9.01. Financial Statements and Exhibits.

Exhibits

Exhibit No.		Description
99.1		Press Release dated June 11, 2026
104		Cover Page Interactive Data File

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: June 11, 2026	LASER PHOTONICS CORPORATION
	By:	/s/ Wayne Tupuola
		Wayne Tupuola
		President and CEO

-3-

Exhibit 99.1

Laser Photonics Reports First Quarter 2026 Financial Results

Laser Shield Anti-Drone System Selected by U.S. Department of War; Company Fortifies Balance Sheet and Simplifies Capital Structure Through Strategic Warrant Inducements

ORLANDO, FL – June 11, 2026 – Laser Photonics Corporation (NASDAQ: LASE) (“Laser Photonics” or the “Company”), a global leader in laser systems for industrial and defense applications, today reported financial results for the first quarter ended March 31, 2026.

Key First Quarter Fiscal 2026 and Subsequent Operational Highlights:

Defense breakthrough with the U.S. Department of War. The Company’s Laser Shield Anti-Drone System (LSAD), developed with affiliate Fonon Technologies, advanced from prototype to formal government recognition, selected by the U.S. Department of War under the MEIA “Vulcan” Call for Solutions as a top submission in the Counter-C5ISR-T category and invited to a technical exchange with government engineers. LSAD was also showcased at Special Operations Forces (SOF) Week 2026 and the Capitol Hill Defense Outlook Summit, generating strong engagement across multiple Program Executive Offices.

Launched a new DefenseTech product line. Together with Fonon Technologies, the Company introduced a family of DefenseTech laser systems for military maintenance, repair and overhaul (MRO) and logistics — including the Missile Laser Rust Inhibitor (MLRI), portable Marlin laser cleaners, the Blaster Cabinet 4020, and a compact marking laser — and demonstrated successful validation of its DefenseTech laser cleaning systems in a defense MRO environment.

Expanded commercial momentum and entered medical device manufacturing. New orders spanned pharmaceutical, medical device, energy, and industrial markets, including a $0.25 million custom laser-drilling system order from Johnson & Johnson marking the Company’s entry into medical device manufacturing, a $0.5 million order from a U.S. power utility, a $0.5 million CMS laser system for a medical device manufacturer, an OEM-customized marking system for a European industrial project, and a repeat CleanTech® deployment with Cummins.

Strengthened the balance sheet and regained Nasdaq compliance. The Company generated approximately $6.1 million in net proceeds during the quarter from its February 2026 public offering and subsequent warrant exercises and inducements — plus approximately $3.6 million more subsequent to quarter close in April 2026 — and used the proceeds to repay all past-due notes payable.

Completed manufacturing consolidation. Consolidated all manufacturing operations into the Company’s state-of-the-art Lake Mary, Florida facility, a move expected to generate nearly $1 million in annualized cost savings and simplify the Company’s cost structure heading into 2026.

Management Commentary

Wayne Tupuola, Chief Executive Officer of Laser Photonics, commented: “The first quarter was a period of decisive strategic and financial progress, even as the timing of equipment deliveries weighed on near-term revenue. We meaningfully strengthened our balance sheet, raising approximately $6.1 million in net proceeds during the quarter and roughly $3.6 million more in April, which allowed us to repay all of our past-due debt and strengthen our working capital position. With a simpler capital structure and our manufacturing now consolidated into our state-of-the-art facility in Lake Mary, we are a leaner and more focused organization than we were a year ago.

“Our most exciting progress is in defense. Our Laser Shield Anti-Drone System, developed with Fonon Technologies, was selected by the U.S. Department of War under the MEIA Vulcan Call for Solutions as a top submission in the Counter-C5ISR-T category, earning an invitation to a technical exchange with government engineers. Combined with the launch of our new DefenseTech product line for military maintenance and logistics and strong engagement at SOF Week 2026, we believe defense represents a significant and durable growth vector for the Company.

“While first quarter revenue reflected the timing of customer projects and equipment deliveries, our order book continued to build, with contract liabilities and deferred revenue rising to approximately $4.2 million combined at quarter-end. We also expanded into medical device manufacturing with an initial order from Johnson & Johnson and added key leadership, including our new Chief Financial Officer, Roman Franklin. We enter the balance of 2026 with a stronger foundation, a growing defense pipeline, and clear priorities to convert our backlog into higher-margin revenue,” concluded Tupuola.

First Quarter 2026 Financial Results

Total net sales for the first quarter of 2026 were $0.9 million, as compared to $2.3 million in the same year-ago quarter. The decrease was primarily attributable to lower equipment deliveries during the period and the timing of customer purchasing decisions, project execution schedules, and revenue recognition milestones.

Gross loss for the first quarter of 2026 was $0.4 million, as compared to gross profit of $0.9 million in the same year-ago quarter. The decline primarily reflected the lower sales volume relative to the Company’s manufacturing cost base, including production costs that were under-absorbed at reduced revenue levels.

Total operating expenses for the first quarter of 2026 were $2.4 million, essentially flat as compared to $2.5 million in the same year-ago quarter, reflecting continued cost discipline.

Net loss for the first quarter of 2026 totaled $2.9 million, or $(0.11) per basic and diluted share, compared to a net loss of $1.7 million, or $(0.12) per share, in the same year-ago quarter.

The Company ended the quarter with $1.6 million in cash, up from $0.7 million at December 31, 2025. During the quarter, the Company repaid all past-due notes payable, including related-party borrowings, and strengthened its working capital position. In April 2026, the Company raised an additional $3.6 million in net proceeds through further warrant inducements.

About Laser Photonics Corporation

Laser Photonics Corporation (NASDAQ: LASE) is a global leader in laser systems for industrial and defense applications. The Company develops and manufactures advanced laser technologies used in cleaning, surface preparation, and precision material processing across demanding operating environments. Laser Photonics serves a broad range of end markets, including defense and government, aerospace, energy, maritime, automotive, and advanced manufacturing. Through a combination of internal development, strategic acquisitions, and partnerships, the Company continues to expand its product portfolio and address new applications where performance, efficiency, and environmental considerations are critical. For more information, please visit laserphotonics.com.

Cautionary Note Concerning Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results to differ materially from those indicated by these forward-looking statements. These forward-looking statements include, among other things, statements regarding our preliminary internal financial information, which is unaudited, subject to completion of our financial closing and audit procedures and may differ materially from our actual results. These risks and uncertainties include, but are not limited to, the impacts of federal government funding disruptions and shutdowns on our contracts, operations, capital-raising activities, and strategic initiatives. We encourage readers to review the “Risk Factors” in our Registration Statement and other filings with the Securities and Exchange Commission for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.

Investor Relations Contact:

Lucas A. Zimmerman & Ian Scargill

MZ Group - MZ North America

(262) 357-2918

LASE@mzgroup.us

www.mzgroup.us

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EX-99.1 21.2 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB