NLIGHT, INC. SEC Filings

Joseph J. Corso submitted a Form 144 reporting proposed and recent transactions in company common stock. The filing lists 13,038 restricted shares to be sold in connection with restricted stock vesting on 03/02/2026. It also discloses 66,075 shares sold on 12/15/2025 for $2,399,420.76.

nLIGHT, Inc. designs and manufactures high‑power semiconductor and fiber lasers used in aerospace and defense, industrial, and microfabrication markets. It operates through Laser Products and Advanced Development segments, supplying systems for directed energy weapons, laser sensing and advanced manufacturing.

The company reported product and R&D contract backlog of $161.6 million as of December 31, 2025, slightly below $167.0 million a year earlier, plus $184.4 million of unfunded U.S. government contract value. Its top ten customers accounted for about 75% of 2025 revenue, including major defense primes and the U.S. government, highlighting both scale and customer concentration.

nLIGHT is highly vertically integrated, with primary manufacturing in the U.S. and Finland and some contract manufacturing in Thailand, and employs over 800 people worldwide. Key risks include intense pricing and technology competition, dependence on defense budgets and government contracts, supply‑chain and export‑control exposure, cyber and data‑security threats, and the need for ongoing R&D investment to keep pace with rapid market change.

nLIGHT, Inc. reported record growth for the fourth quarter and full year 2025, led by strong aerospace and defense demand. Full-year revenue reached $261.3 million, up 31.6% from $198.5 million in 2024, while GAAP gross margin improved to 29.8% from 16.6%.

The company significantly narrowed its GAAP net loss to $23.5 million for 2025 from $60.8 million a year earlier and generated full-year Adjusted EBITDA of $23.5 million versus a loss of $18.8 million. Fourth-quarter revenue rose 71.3% to $81.2 million, with GAAP gross margin climbing to 30.7% from 2.4%.

nLIGHT issued guidance for the first quarter of 2026 with expected revenue between $70 million and $76 million, overall gross margin of 27%–32%, and Adjusted EBITDA of $5 million–$10 million, indicating expectations for continued profitable growth on a non-GAAP basis.

nLIGHT, Inc. is conducting an underwritten public stock offering to raise new capital. The company agreed to sell 3,977,273 shares of common stock at a public price of $44.00 per share, with underwriters purchasing the shares at $42.02 per share.

nLIGHT expects net proceeds of approximately $166.5 million, or about $191.5 million if the underwriters fully exercise a 30-day option to buy up to an additional 596,590 shares. The company plans to use the cash for working capital, capital expenditures and other general corporate purposes. Closing is expected on or about February 5, 2026, subject to customary conditions, and company executives and directors have agreed to 60-day lock-up restrictions on share sales.

nLIGHT, Inc. is conducting a primary offering of 3,977,273 shares of common stock at $44.00 per share. The underwriters have a 30-day option to buy up to 596,590 additional shares. Before expenses, nLIGHT expects gross proceeds of about $167.1 million, and estimates net proceeds of approximately $166.5 million, to fund working capital, capital spending, general corporate purposes and potential acquisitions.

nLIGHT expects preliminary unaudited revenue for the quarter ended December 31, 2025 of $78–80 million, up from $47.4 million a year earlier, driven mainly by Aerospace and Defense demand. Laser Products revenue is estimated at $54–55 million and Advanced Development at $24–25 million. Shares outstanding are expected to be 54,761,467 after the offering, excluding the underwriters’ option.

nLIGHT, Inc. plans a primary public offering of common stock on Nasdaq under the symbol LASR, with proceeds going to working capital, capital spending, and general corporate purposes, and potentially future acquisitions that complement its laser business.

The company also provides preliminary unaudited results for the quarter ended December 31, 2025, expecting total revenue between $78.0 million and $80.0 million, up about 65% to 68% from $47.4 million a year earlier. Management attributes this strong growth mainly to higher sales in the Aerospace and Defense market, across its Laser Products and Advanced Development segments.

nLIGHT, Inc. has filed a shelf registration statement on Form S-3, allowing it to offer various securities over time after the registration becomes effective. The company may issue common stock, preferred stock, debt securities, depositary shares, warrants, subscription rights, purchase contracts and units in one or more offerings.

Specific terms, prices and sizes of each offering will be described in future prospectus supplements, which will also identify any underwriters or agents and related fees. nLIGHT expects to use net proceeds primarily for working capital and other general corporate purposes, and may also fund acquisitions or investments if opportunities arise.

nLIGHT, Inc. President and CEO, who is also a director, filed an amended insider trading report detailing an option exercise and related share sales in the company’s common stock on 01/06/2026. The filing shows the exercise of a stock option for 31,748 shares at an exercise price of $1.10 per share, followed by open-market sales of 10,902, 18,028, and 2,818 shares at weighted average prices of $36.74, $37.84, and $38.33, respectively. The sales were made under a Rule 10b5-1 trading plan adopted on June 12, 2025. After these transactions, the reporting person beneficially owns 2,285,020 shares directly and 4,474 shares indirectly through the Keeney Family Revocable Trust. The amendment updates exercise prices, grouped sale price ranges, vesting and expiration details, and adds the trust holdings.

nLIGHT, Inc. filed a current report to disclose that it issued a press release with preliminary results for the fourth quarter ended December 31, 2025. The company explains that these figures are unaudited, still being finalized, and that actual results could differ materially from management’s expectations.

The press release is furnished as Exhibit 99.1 and is incorporated by reference, but is treated as furnished rather than filed under securities laws, which limits how this information is used in other regulatory contexts.