NLIGHT (LASR) Q2 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

nLIGHT delivered a standout second quarter, swinging to non-GAAP profitability and posting results well ahead of Wall Street expectations as its defense pivot gained unmistakable traction. The fiber laser maker reported Q2 2025 revenue of $61.73 mill… Read more nLIGHT delivered a standout second quarter, swinging to non-GAAP profitability and posting results well ahead of Wall Street expectations as its defense pivot gained unmistakable traction. The fiber laser maker reported Q2 2025 revenue of $61.73 million, up 22.2% year-over-year and ahead of the $55.24 million consensus, while non-GAAP EPS of $0.06 beat the analyst estimate of negative $0.09 by 166.67%, a striking reversal from the $4.58 million non-GAAP loss recorded a year earlier. The single biggest driver was a record Aerospace and Defense quarter, where revenue surged 48.6% to $40.70 million, pulling gross margin up to 29.9% from 23.5% and pushing Adjusted EBITDA to a positive $5.55 million versus negative $1.60 million in Q2 2024. CEO Scott Keeney credited rising demand for directed energy and laser sensing solutions, and the company raised its full-year aerospace and defense growth outlook to at least 40%, up sharply from a prior target of at least 25%. Looking ahead, management guided Q3 revenue to $62 million to $67 million, suggesting the momentum is far from exhausted, even as some observers argue the company remains well below the scale needed to sustain consistent GAAP profitability.