NLIGHT

NLIGHT (LASR) Q1 2025 Earnings

Reported May 8, 2025 at 4:16 PM ET · SEC Source

Q1 25 EPS

$-0.04

BEAT +78.67%

Est. $-0.19

Q1 25 Revenue

$51.7M

BEAT +9.21%

Est. $47.3M

vs S&P Since Q1 25

+530.2%

BEATING MARKET

LASR +562.3% vs S&P +32.1%

Market Reaction

Did LASR Beat Earnings? Q1 2025 Results

nLIGHT posted a notably strong first quarter for 2025, with revenue of $51.67 million clearing the top of its own guidance range as record aerospace and defense results powered 16% year-over-year growth. The non-GAAP loss narrowed to just $0.04 per d… Read more nLIGHT posted a notably strong first quarter for 2025, with revenue of $51.67 million clearing the top of its own guidance range as record aerospace and defense results powered 16% year-over-year growth. The non-GAAP loss narrowed to just $0.04 per diluted share, a sharp improvement from a $0.29 GAAP loss per share a year earlier, while gross margin expanded to 26.7% from 16.8%, reflecting a more favorable revenue mix and growing operating leverage. The engine behind the beat was booming demand tied to U.S. Department of Defense programs, including megawatt-scale directed energy weapons, which lifted Products revenue to $35.68 million from $29.37 million. Adjusted EBITDA turned positive for the first time in recent memory, reaching $116,000 versus negative $4.89 million in Q1 2024, signaling a meaningful inflection toward profitability. Looking ahead, nLIGHT guided Q2 2025 revenue of $53 million to $59 million while projecting at least 25% full-year growth in aerospace and defense, though sequential margin compression is anticipated as mix shifts in the coming quarter.

Key Takeaways

  • Record aerospace and defense revenue driving Q1 upside above guidance range
  • Gross margin expansion to 26.7% from 16.8% year-over-year
  • Products revenue growth of 21.5% year-over-year
  • Adjusted EBITDA turned positive at $116K versus negative $4.9M a year ago
24/7 Wall St

LASR YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

24/7 Wall St

LASR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“I am pleased with the strong start to the year. Total revenue of $51.7 million was above the high-end of the guidance range, driven by record results in our aerospace and defense markets.”

— Scott Keeney, Q1 2025 Earnings Press Release