Companies /Technology
nLIGHT Inc
NASDAQ: LASR Semiconductors
$38.48
▲ $0.17 (+0.44%) today
Markets closed · 1:07am ET

NLIGHT (LASR) Q1 2025 Earnings

Reported May 8, 2025, 4:16pm ET · SEC source
$-0.04
Beat +78.67%
EPS · est. $-0.19
$51.7M
Beat +9.21%
Revenue · est. $47.3M
+47.9%
Beating market
LASR vs S&P since report
5 quarters
Consecutive EPS beats

How Did LASR Stock React to Q1 2025 Earnings?

% change · around the report
0+20%May 8May 9report 4:16pm ETearnings−0.1%+35.7%
0+20%May 8May 9earnings−0.1%+35.7%
LASR +35.7%S&P 500 −0.1%
0+20%May 8May 9report 4:16pm ETearnings−0.1%+35.7%
0+20%May 8May 9earnings−0.1%+35.7%
LASR +35.7%NASDAQ −0.1%
−20%0+20%+40%May 7May 16report 4:16pm ETearnings+4.8%+29.3%
−20%0+20%+40%May 7May 16earnings+4.8%+29.3%
LASR +29.3%S&P 500 +4.8%
−20%0+20%+40%May 7May 16report 4:16pm ETearnings+6.3%+29.3%
−20%0+20%+40%May 7May 16earnings+6.3%+29.3%
LASR +29.3%NASDAQ +6.3%
+35.54%
Day of report
+6.94%
Next session
+8.57%
One week
+54.41%
30 days

S&P 500 over the same 30 days: +6.56%.

Did LASR Beat Earnings? Q1 2025 Results

Yes. NLIGHT reported Q1 2025 earnings of $-0.04 a share on May 8, 2025, beating the $-0.19 consensus estimate by 78.7%. Revenue was $51.7M against a $47.3M estimate.

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

“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.”

NLIGHT CEO, on the earnings call

What Was NLIGHT's Outlook in Q1 2025?

For Q2 2025, nLIGHT expects revenue of $53 million to $59 million, with the midpoint of $56 million comprising approximately $38 million in Products revenue and $18 million in Advanced Development revenue. Gross margin is expected to be 19% to 25%, with Products gross margin of 27% to 33% and Advanced Development gross margin of approximately 8%. Adjusted EBITDA is expected in the range of ($4) million to $1 million. For full year 2025, nLIGHT expects aerospace and defense revenue growth of at least 25% year-over-year.

LASR YoY Financials

Revenue$51.7M
Gross Profit$13.8M
Operating Income$-9,610,000
Net Income$-8,093,000

LASR Revenue by Segment

Laser Products$35.7M+21.5%
Aerospace and Defense
Advanced Development$16.0M+5.5%
Microfabrication
Industrial

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