📊 LASR Key Takeaways
Is Nlight, Inc.. (LASR) a Good Investment?
NLIGHT demonstrates strong 31.6% revenue growth and fortress financial position with $298.2M cash and zero debt, but is operationally unprofitable with negative operating margins (-0.9%) and negligible returns on capital (ROE 0.2%, ROA 0.1%), indicating the company is investing heavily to scale without yet generating profitable returns.
nLIGHT shows strong revenue growth and improving losses with positive free cash flow, supported by a debt-free, cash-rich balance sheet. However, GAAP profitability remains negative and gross margins are sub-30%, leaving limited operating leverage. Maintain a neutral stance pending consistent margin expansion and operating breakeven.
Nlight, Inc.. Key Strengths (LASR)
- Strong revenue growth of 31.6% YoY demonstrates solid market demand
- Fortress balance sheet with $298.2M cash, zero debt, and 7.07x current ratio provides significant financial flexibility
- Positive free cash flow generation of $7.6M with 9.4% FCF margin supports operational viability
- Debt-free balance sheet with $98.7M cash and strong liquidity (3.79x current ratio)
- Robust topline growth (+31.6% YoY) with improving net loss and positive OCF/FCF
- Positive free cash flow (4.7% margin) supports self-funding and flexibility
LASR Stock Risks: Nlight, Inc.. Investment Risks
- Operating loss (-$719K) with negative operating margin despite revenue growth suggests structural profitability challenges
- Minimal net profitability of only $645K on $80.2M revenue (0.8% margin) and extremely poor capital returns (ROE 0.2%, ROA 0.1%) indicate value destruction
- Operating cash flow of $9.7M on $80.2M revenue (12.1%) is weak relative to scale, suggesting high cash burn from operations beyond reported metrics
- Persistent GAAP losses (-10.2% operating margin, -9.0% net margin)
- Low gross margin (29.8%) constrains operating leverage and resilience
- Modest cash generation (4.7% FCF margin) could fluctuate with execution and mix
Key Metrics to Watch
- Operating margin trajectory and path to positive operating profitability
- Return on equity and return on assets improvement as revenue scales
- Operating cash flow as percentage of revenue to track cash consumption efficiency
- Gross margin %
- Operating cash flow and FCF margin
Nlight, Inc.. (LASR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 7.07x current ratio provides a solid financial cushion.
LASR Profit Margin, ROE & Profitability Analysis
LASR vs Technology Sector: How Nlight, Inc.. Compares
How Nlight, Inc.. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Nlight, Inc.. Stock Overvalued? LASR Valuation Analysis 2026
Based on fundamental analysis, Nlight, Inc.. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Nlight, Inc.. Balance Sheet: LASR Debt, Cash & Liquidity
LASR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Nlight, Inc..'s revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $-0.90 indicates the company is currently unprofitable.
LASR Revenue Growth, EPS Growth & YoY Performance
LASR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $51.7M | $645.0K | $0.01 |
| Q3 2025 | $56.1M | -$6.9M | $-0.14 |
| Q2 2025 | $50.5M | -$3.6M | $-0.07 |
| Q1 2025 | $44.5M | -$8.1M | $-0.16 |
| Q3 2024 | $50.6M | -$10.3M | $-0.21 |
| Q2 2024 | $50.5M | -$8.8M | $-0.19 |
| Q1 2024 | $44.5M | -$7.7M | $-0.17 |
| Q3 2023 | $50.6M | -$11.9M | $-0.26 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Nlight, Inc.. Dividends, Buybacks & Capital Allocation
LASR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Nlight, Inc.. (CIK: 0001124796)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779409753.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779409656.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779409572.xml | View → |
| May 19, 2026 | 4 | xslF345X06/wk-form4_1779235374.xml | View → |
| May 19, 2026 | 4 | xslF345X06/wk-form4_1779235247.xml | View → |
❓ Frequently Asked Questions about LASR
What is the AI rating for LASR?
Nlight, Inc.. (LASR) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 63% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are LASR's key strengths?
Claude: Strong revenue growth of 31.6% YoY demonstrates solid market demand. Fortress balance sheet with $298.2M cash, zero debt, and 7.07x current ratio provides significant financial flexibility. ChatGPT: Debt-free balance sheet with $98.7M cash and strong liquidity (3.79x current ratio). Robust topline growth (+31.6% YoY) with improving net loss and positive OCF/FCF.
What are the risks of investing in LASR?
Claude: Operating loss (-$719K) with negative operating margin despite revenue growth suggests structural profitability challenges. Minimal net profitability of only $645K on $80.2M revenue (0.8% margin) and extremely poor capital returns (ROE 0.2%, ROA 0.1%) indicate value destruction. ChatGPT: Persistent GAAP losses (-10.2% operating margin, -9.0% net margin). Low gross margin (29.8%) constrains operating leverage and resilience.
What is LASR's revenue and growth?
Nlight, Inc.. reported revenue of $80.2M.
Does LASR pay dividends?
Nlight, Inc.. does not currently pay dividends.
Where can I find LASR SEC filings?
Official SEC filings for Nlight, Inc.. (CIK: 0001124796) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is LASR's EPS?
Nlight, Inc.. has a diluted EPS of $0.01.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is LASR's fundamental grade?
Based on our AI fundamental analysis in May 2026, Nlight, Inc.. has a B grade with 63% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is LASR stock overvalued or undervalued?
Valuation metrics for LASR: ROE of 0.2% (sector avg: 22%), net margin of 0.8% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
What is LASR's AI grade for 2026?
Our dual AI analysis gives Nlight, Inc.. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is LASR's free cash flow?
Nlight, Inc..'s operating cash flow is $9.7M, with capital expenditures of $2.1M. FCF margin is 9.4%.
How does LASR compare to other Technology stocks?
Vs Technology sector averages: Net margin 0.8% (avg: 18%), ROE 0.2% (avg: 22%), current ratio 7.07 (avg: 2.5).