Companies /Technology

nLIGHT Inc

NASDAQ: LASR Semiconductors
$38.43
▼ $0.13 (−0.34%) today
Markets closed · 2:40am ET

Q2 2026 Earnings

Reported Aug 6, 2026, 4:20pm ET · SEC source
$0.15
Miss +0.00%
EPS · est. $0.00 Adjusted
$82.6M
Miss +0.00%
Revenue · est. $0
−25.6%
Trailing market
LASR vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−10%0+10%+20%Aug 6Aug 7report 4:20pm ETearnings+0.7%−7.8%
−10%0+10%+20%Aug 6Aug 7earnings+0.7%−7.8%
LASR −7.8%S&P 500 +0.7%
−10%0+10%+20%Aug 6Aug 7report 4:20pm ETearnings+1.2%−7.8%
−10%0+10%+20%Aug 6Aug 7earnings+1.2%−7.8%
LASR −7.8%NASDAQ +1.2%
−20%0+20%Aug 5Aug 14report 4:20pm ETearnings+1.0%−17.2%
−20%0+20%Aug 5Aug 14earnings+1.0%−17.2%
LASR −17.2%S&P 500 +1.0%
−20%0+20%Aug 5Aug 14report 4:20pm ETearnings+2.3%−17.2%
−20%0+20%Aug 5Aug 14earnings+2.3%−17.2%
LASR −17.2%NASDAQ +2.3%
−25.56%
Day of report
−9.17%
Next session
−6.33%
One week
−27.01%
30 days

S&P 500 over the same 30 days: −1.40%.

Did LASR Beat Earnings? Q2 2026 Results

nLIGHT posted a strong second quarter, with results clearing analyst expectations as the fiber laser maker delivered adjusted EPS of $0.15 against a consensus estimate of $0.14, extending its beat streak to five consecutive quarters. Revenue climbed 33.8% year over year to $82.59 million, anchored by a standout performance in Aerospace and Defense, which generated $57.30 million in quarterly revenue compared to $40.70 million a year earlier, reflecting robust demand for directed energy systems including the Department of War's Joint Laser Weapon Systems contract. Products revenue rose 45% to $59.36 million, helping lift non-GAAP gross margin to 32.6% from 29.9% a year ago, while non-GAAP net income swung to $9.62 million from a loss of $2.93 million in Q2 2025. Looking ahead, nLIGHT guided Q3 revenue of $63 million to $73 million, with the midpoint tempered by approximately $17 million of product revenue deferred to future quarters due to supply chain constraints, and Adjusted EBITDA expected between $1 million and $7 million.

Key Takeaways
  • Continued strength in defense and advanced manufacturing markets
  • Record Products revenue of $59.4 million, up 45% YoY
  • Aerospace and Defense end market revenue grew to $57.3 million
  • Gross margin expansion to 31.1% from 29.9% YoY
  • Non-GAAP gross margin improved to 32.6%
  • Adjusted EBITDA nearly doubled to $10.7 million

“Our second quarter results represent another strong quarter of execution for nLIGHT with total revenue, gross margin and Adjusted EBITDA at or above our expectations, driven by continued strength in our key defense and advanced manufacturing markets.”

NLIGHT CEO, on the earnings call

Forward Guidance & Outlook

For Q3 2026, nLIGHT expects revenue of $63 million to $73 million, with the $70 million midpoint comprising approximately $43 million in Products revenue and $25 million in Advanced Development revenue. Approximately $17 million of product revenue originally expected for Q3 has been deferred to future quarters due to supply chain challenges. Gross margin is expected in the range of 24% to 30%, with Products gross margin of 34% to 40% and Advanced Development gross margin of approximately 8%. Adjusted EBITDA is expected in the range of $1 million to $7 million.

LASR YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$30.0M$60.0M$90.0M$61.7M$82.6MRevenue$18.5M$25.7MGross Profit$-3,080,577$-3,567,000Operating Income$-822,937$-1,339,000Net Income
$0$30.0M$60.0M$90.0MRevenueGross ProfitOperating IncomeNet Income

LASR Revenue by Segment

Laser Products$59.4M+45.4%
Aerospace and Defense$57.3M+40.8%
Advanced Development$23.2M+11.1%
Microfabrication$13.3M+17.3%
Industrial$12.0M+23.6%

Figures from SEC filings and company reports. Not investment advice.