LASR nLIGHT, Inc. - Common Stock
NASDAQ · Electrical Equipment · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 7, 2026
$40.58
· of 52w range
· above low
· to high
$28.0552w low
$86.9552w high
Market Cap (MRQ)
$2.34B
P/E (TTM)
-162.3
EPS (TTM)
$-0.25
Revenue (TTM)
$311M
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52W Range
$28–$87
Analyst Rating
BUY
Price Target
$89
P/E
-162.3
ROE
-3.8%
Net Profit Margin
-4.0%
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LASR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$40.58
Market Cap (MRQ)
$2.34B
P/E (TTM)
-162.3
EPS (TTM)
$-0.25
Revenue (TTM)
$311M
ROE (TTM)
-3.8%
52W Range
$28–$87
LASR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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About nLIGHT, Inc. - Common Stock Company overview from Wikipedia
sectorIndustrials
industryElectrical Equipment
employees800
countryUS
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$261M2016-12-31 → 2025-12-31
EPS$-0.472016-12-31 → 2025-12-31
Free Cash Flow$12M2018-12-31 → 2025-12-31
Net margin-4.0%2018-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | LASR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | -162.35Y avg ≈-29.1 | ≈-29.1 | · | · | |
| P/S (TTM) | 7.55Y avg ≈3.8 | ≈3.8 | 6.9 | Overvalued | |
| P/B (MRQ) | 5.35Y avg ≈3.7 | ≈3.7 | 8.8 | Overvalued | |
| Price / FCF (TTM) | 55.95Y avg ≈37.6 | ≈37.6 | · | · | |
| Price / Cash Flow (TTM) | 44.05Y avg ≈-47.7 | ≈-47.7 | 20.4 | Overvalued | |
| Price / Tangible Book | 10.75Y avg ≈3.9 | ≈3.9 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | LASR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 31.5%5Y avg ≈23.6% | ≈23.6% | 44.5% | Weak | |
| Operating Margin (TTM) | -5.5%5Y avg ≈-19.9% | ≈-19.9% | 9.5% | Weak | |
| EBITDA Margin | -10.2%5Y avg ≈-19.9% | ≈-19.9% | 16.2% | Weak | |
| Pretax Margin (TTM) | -3.8%5Y avg ≈-18.6% | ≈-18.6% | 7.0% | Weak | |
| Net Profit Margin (TTM) | -4.0%5Y avg ≈-18.6% | ≈-18.6% | 5.0% | Weak | |
| ROA (TTM) | -3.1%5Y avg ≈-13.4% | ≈-13.4% | 5.1% | Weak | |
| ROE (TTM) | -3.8%5Y avg ≈-16.6% | ≈-16.6% | 14.0% | Weak | |
| ROIC | -12.1%5Y avg ≈-18.1% | ≈-18.1% | 6.4% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | LASR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 8.25Y avg ≈5.8 | ≈5.8 | 3.2 | Strong liquidity | |
| Quick Ratio | 2.35Y avg ≈3.0 | ≈3.0 | 2.2 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | LASR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 31.6%5Y avg ≈4.8% | ≈4.8% | · | · | |
| Revenue CAGR 3Y | 2.6%5Y avg ≈-3.0% | ≈-3.0% | · | · | |
| Revenue CAGR 5Y | 3.2% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | LASR | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.95Y avg ≈0.8 | ≈0.8 | 0.7 | Top tier | |
| Inventory Turnover | 4.35Y avg ≈3.3 | ≈3.3 | 3.9 | In line | |
| Receivables Turnover | 6.15Y avg ≈6.1 | ≈6.1 | 6.0 | In line | |
| Revenue / Employee | ≈$326.7K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
121.3%
Next Report
Nov 04, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 5, 2026 | $0.15 | $0.14 | 4.3% |
| March 31, 2026 | $0.20 | $0.09 | 126.2% | |
| Dec. 31, 2025 | $0.14 | $0.11 | 24.8% | |
| Sept. 30, 2025 | $0.08 | $0.02 | 327.8% | |
| June 30, 2025 | $0.06 | $-0.09 | 165.4% | |
| March 31, 2025 | $-0.04 | $-0.19 | 79.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $261M | $199M | $210M | $242M | $270M | $223M | $177M | $191M | $139M | $101M | |
| Cost of Revenue | $183M | $166M | $164M | $191M | $193M | $163M | $124M | $124M | $94M | $78M | |
| Gross Profit | $78M | $33M | $46M | $51M | $77M | $59M | $52M | $67M | $44M | $23M | |
| R&D Expense | $48M | $45M | $46M | $54M | $55M | $41M | $28M | $21M | $15M | $15M | |
| SG&A Expense | $54M | $49M | $46M | $48M | $53M | $39M | $34M | $29M | $19M | $17M | |
| Operating Expenses | $105M | $99M | $93M | $106M | $108M | $80M | $62M | $50M | $34M | $33M | |
| Operating Income | $-27M | $-66M | $-47M | $-55M | $-30M | $-21M | $-10M | $17M | $10M | $-9M | |
| Interest Income | $5M | $2M | $1M | · | · | · | · | · | · | · | |
| Other Non-op | $-40.0K | $3M | $3M | $338.0K | $336.0K | $378.0K | $535.0K | $-253.0K | $-2M | $-753.0K | |
| Pretax Income | $-23M | $-61M | $-43M | $-54M | $-30M | $-21M | $-7M | $18M | $7M | $-12M | |
| Income Tax | $699.0K | $-76.0K | $-978.0K | $344.0K | $-375.0K | $340.0K | $6M | $4M | $5M | $2M | |
| Net Income | $-23M | $-61M | $-42M | $-55M | $-30M | $-21M | $-13M | $14M | $2M | $-14M | |
| EPS (Basic) | $-0.47 | $-1.27 | $-0.90 | $-1.23 | $-0.70 | $-0.55 | $-0.35 | $0.38 | $0.00 | $-5.68 | |
| EPS (Diluted) | $-0.47 | $-1.27 | $-0.90 | $-1.23 | $-0.70 | $-0.55 | $-0.35 | $0.32 | $0.00 | $-5.68 | |
| Shares (Basic) | 49,979,000 | 47,900,000 | 46,078,000 | 44,436,000 | 42,142,000 | 38,367,000 | 37,119,000 | 24,862,000 | 2,735,000 | 2,500,000 | |
| Shares (Diluted) | 49,979,000 | 47,900,000 | 46,078,000 | 44,436,000 | 42,142,000 | 38,367,000 | 37,119,000 | 29,959,000 | 2,735,000 | 2,500,000 | |
| EBITDA | $-27M | $-66M | $-47M | $-55M | $-30M | $-21M | $-10M | $25M | · | · |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $99M | $66M | $53M | $58M | $147M | $102M | $117M | $149M | $37M | $14M | |
| Receivables | $51M | $35M | $40M | $38M | $42M | $32M | $27M | $27M | $13M | · | |
| Inventory | $45M | $41M | $52M | $68M | $74M | $55M | $46M | $35M | $30M | · | |
| Prepaid Expense | $13M | $18M | $16M | $17M | $15M | $12M | $8M | $7M | $5M | · | |
| Other Current Assets | · | · | · | $51.0K | $103.0K | $378.0K | $225.0K | $103.0K | $97.0K | · | |
| Current Assets | $243M | $194M | $221M | $231M | $277M | $201M | $199M | $219M | $85M | · | |
| PP&E (Net) | $42M | $47M | $52M | $61M | $56M | $44M | $28M | $21M | $18M | · | |
| PP&E (Gross) | $142M | $153M | $148M | $144M | $131M | $111M | $86M | $75M | $67M | · | |
| Accum. Depreciation | $100M | $106M | $95M | $83M | $75M | $66M | $59M | $54M | $49M | · | |
| Goodwill | $12M | $12M | $12M | $12M | $12M | $12M | $10M | $1M | $1M | · | |
| Intangibles | $0 | $833.0K | $2M | $4M | $7M | $8M | $10M | $3M | $2M | · | |
| Other Non-current Assets | $2M | $5M | $7M | $7M | $4M | $5M | $4M | $6M | $4M | · | |
| Total Assets | $315M | $270M | $307M | $329M | $374M | $284M | $250M | $250M | $110M | · | |
| Accounts Payable | $21M | $15M | $12M | $18M | $26M | $21M | $13M | $12M | $13M | · | |
| Accrued Liabilities | $19M | $13M | $13M | $13M | $15M | $15M | $12M | $11M | $13M | · | |
| Current Liabilities | $64M | $34M | $33M | $34M | $46M | $41M | $25M | $24M | $29M | · | |
| Capital Leases | $13M | $10M | $11M | $13M | $15M | $10M | · | · | · | · | |
| Other Non-current Liabilities | $5M | $4M | $3M | $4M | $4M | $4M | $2M | $2M | $933.0K | · | |
| Total Liabilities | $88M | $54M | $52M | $58M | $71M | $64M | $33M | $32M | $49M | · | |
| Long-term Debt | · | · | · | · | $0 | $399.0K | $51.0K | $109.0K | $17M | · | |
| Total Debt | · | · | · | · | $0 | $399.0K | $51.0K | $109.0K | · | · | |
| Common Stock | $16.0K | $16.0K | $16.0K | $16.0K | $15.0K | $15.0K | $15.0K | $15.0K | $2.0K | · | |
| Paid-in Capital | $578M | $545M | $521M | $496M | $471M | $359M | $337M | $325M | $181M | · | |
| Retained Earnings | $-349M | $-325M | $-264M | $-223M | $-168M | $-138M | $-117M | $-105M | $-119M | · | |
| AOCI | $-3M | $-3M | $-2M | $-3M | $-587.0K | $-259.0K | $-3M | $-2M | $-719.0K | · | |
| Stockholders' Equity | $227M | $216M | $254M | $271M | $302M | $220M | $217M | $218M | $61M | $30M | |
| Liabilities + Equity | $315M | $270M | $307M | $329M | $374M | $284M | $250M | $250M | $110M | · | |
| Shares Outstanding | 51,163,000 | 48,948,000 | 47,266,000 | 45,629,000 | 44,248,000 | 39,793,000 | 38,084,000 | 36,705,000 | 2,979,000 | 2,539,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | · | · | $8M | $8M | $8M | |
| Stock-based Comp | $33M | $25M | $26M | $27M | $38M | $25M | $10M | $5M | $369.0K | $308.0K | |
| Deferred Tax | $216.0K | $-626.0K | $-46.0K | $7.0K | $13.0K | $-2M | $3M | $-1M | $-342.0K | $242.0K | |
| Amort. of Intangibles | $833.0K | $820.0K | $2M | $3M | $4M | $4M | $1M | $592.0K | $472.0K | $779.0K | |
| Restructuring | $2M | $4M | $817.0K | $4M | $0 | $0 | · | · | · | · | |
| Other Non-cash | · | · | · | · | · | · | · | $-22M | · | · | |
| Operating Cash Flow | $21M | $-2M | $10M | $-15M | $-7M | $13M | $-4M | $3M | $3M | $6M | |
| CapEx | $9M | $8M | $5M | $21M | $19M | $23M | $12M | $11M | $5M | $4M | |
| Investing Cash Flow | $-9M | $17M | $-14M | $-72M | $-22M | $-25M | $-30M | $-12M | $-5M | $-4M | |
| Stock Issued | · | · | $0 | $0 | $82M | $0 | $0 | · | · | · | |
| Net Stock Activity | · | · | $0 | $0 | $82M | · | · | · | · | · | |
| Financing Cash Flow | $20M | $-1M | $-859.0K | $-1M | $74M | $-4M | $2M | $121M | $24M | $4M | |
| Net Change in Cash | $33M | $13M | $-5M | $-89M | $44M | $-15M | $-32M | $113M | $23M | $7M | |
| Taxes Paid | $171.0K | $99.0K | $213.0K | · | · | · | · | · | · | · | |
| Free Cash Flow | $12M | $-10M | $5M | $-36M | $-27M | $-10M | $-18M | $-8M | · | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.8% | 16.6% | 22.0% | 21.0% | 28.6% | 26.7% | 29.6% | 35.0% | · | · | |
| Operating Margin | -10.2% | -33.1% | -22.3% | -22.8% | -11.2% | -9.4% | -5.6% | 8.9% | · | · | |
| Net Margin | -9.0% | -30.6% | -19.9% | -22.6% | -11.0% | -9.4% | -7.3% | 7.3% | · | · | |
| Pretax Margin | -8.7% | -30.7% | -20.3% | -22.4% | -11.1% | -9.2% | -3.8% | 9.2% | · | · | |
| EBITDA Margin | -10.2% | -33.1% | -22.3% | -22.8% | -11.2% | -9.4% | -5.6% | 13.2% | · | · | |
| ROA | -8.0% | -21.1% | -13.1% | -15.5% | -9.0% | -7.8% | -5.1% | 7.7% | · | · | |
| ROE | -10.6% | -26.9% | -16.2% | -19.6% | -9.8% | -9.6% | -5.9% | 6.5% | · | · | |
| ROIC | -12.1% | -30.3% | -18.0% | -20.5% | -9.9% | -9.7% | -8.7% | 6.2% | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.8 | 5.7 | 6.7 | 6.7 | 6.1 | 4.8 | 7.9 | 9.3 | · | · | |
| Quick Ratio | 2.3 | 2.9 | 2.8 | 2.8 | 4.1 | 3.2 | 5.8 | 7.5 | · | · | |
| Debt / Equity | · | · | · | · | 0.0 | 0.0 | 0.0 | 0.0 | · | · | |
| LT Debt / Equity | · | · | · | · | 0.0 | 0.0 | 0.0 | 0.0 | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.9 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.7 | 1.1 | · | · | |
| Inventory Turnover | 4.3 | 3.6 | 2.7 | 2.7 | 3.0 | 3.2 | 3.1 | 3.8 | · | · | |
| Receivables Turnover | 6.1 | 5.3 | 5.4 | 6.1 | 7.4 | 7.6 | 6.6 | 9.6 | · | · |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $4.43 | $4.42 | $5.38 | $5.94 | $6.83 | $5.53 | $5.69 | $5.93 | · | · | |
| Revenue / Share | $5.23 | $4.15 | $4.56 | $5.45 | $6.41 | $5.81 | $4.76 | $6.39 | · | · | |
| Cash Flow / Share | $0.43 | $-0.05 | $0.22 | $-0.33 | $-0.18 | $0.34 | $-0.11 | $0.11 | · | · | |
| Cash / Share | $1.93 | $1.34 | $1.13 | $1.27 | $3.31 | $2.57 | $3.08 | $4.07 | · | · | |
| EPS (TTM) | $-0.47 | $-1.27 | $-0.90 | $-1.23 | $-0.70 | $-0.55 | $-0.35 | $0.32 | · | · |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 31.6% | -5.4% | -13.3% | -10.4% | 21.3% | · | · | · | · | · | |
| Revenue CAGR 3Y | 2.6% | -9.8% | -2.0% | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 3.2% | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $261M | $199M | $210M | $242M | $270M | $223M | $177M | $191M | · | · | |
| Net Income TTM | $-23M | $-61M | $-42M | $-55M | $-30M | $-21M | $-13M | $14M | · | · | |
| Market Cap | $1.92B | $513M | $638M | $463M | $1.06B | $1.30B | $772M | $653M | · | · | |
| Enterprise Value | · | · | · | · | $913M | $1.20B | $655M | $503M | · | · | |
| P/E | -79.8 | -8.3 | -15.0 | -8.2 | -34.2 | -59.4 | -57.9 | 55.6 | · | · | |
| P/S | 7.3 | 2.6 | 3.0 | 1.9 | 3.9 | 5.8 | 4.4 | 3.4 | · | · | |
| P/B | 8.5 | 2.4 | 2.5 | 1.7 | 3.5 | 5.9 | 3.6 | 3.0 | · | · | |
| P / Tangible Book | 9.0 | 2.5 | 2.7 | 1.8 | 3.7 | 6.5 | · | · | · | · | |
| P / Cash Flow | 90.0 | -217.7 | 63.2 | -31.8 | -142.4 | 99.6 | -182.1 | 195.7 | · | · | |
| P / FCF | 156.1 | -49.9 | 134.3 | -12.9 | -39.6 | -125.2 | -43.2 | -77.9 | · | · | |
| EV / EBITDA | · | · | · | · | -30.2 | -56.9 | -66.1 | 19.9 | · | · | |
| EV / FCF | · | · | · | · | -34.1 | -115.4 | -36.7 | -60.1 | · | · | |
| EV / Revenue | · | · | · | · | 3.4 | 5.4 | 3.7 | 2.6 | · | · | |
| Earnings Yield | -1.2% | -12.1% | -6.7% | -12.1% | -2.9% | -1.7% | -1.7% | 1.8% | · | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $83M | $80M | $81M | $67M | $62M | $52M | $47M | $56M | $51M | $45M | $52M | $51M | $53M | $54M | $57M | $60M | |
| Cost of Revenue | $57M | $54M | $56M | $46M | $43M | $38M | $46M | $44M | $39M | $37M | $42M | $41M | $41M | $40M | $51M | $47M | |
| Gross Profit | $26M | $27M | $25M | $21M | $18M | $14M | $1M | $13M | $12M | $7M | $10M | $10M | $12M | $14M | $6M | $13M | |
| R&D Expense | $13M | $12M | $14M | $12M | $11M | $11M | $11M | $11M | $12M | $11M | $12M | $11M | $12M | $11M | $14M | $13M | |
| SG&A Expense | $16M | $15M | $16M | $15M | $12M | $12M | $12M | $13M | $13M | $12M | $11M | $12M | $12M | $11M | $12M | $14M | |
| Operating Expenses | $29M | $27M | $30M | $28M | $23M | $23M | $28M | $24M | $25M | $22M | $24M | $22M | $24M | $22M | $29M | $26M | |
| Operating Income | $-4M | $-719.0K | $-5M | $-7M | $-4M | $-10M | $-26M | $-12M | $-13M | $-15M | $-14M | $-13M | $-12M | $-8M | $-23M | $-13M | |
| Interest Income | $2M | $2M | $1M | $1M | $1M | $2M | $398.0K | $421.0K | $479.0K | · | · | · | · | · | · | · | |
| Other Non-op | $33.0K | $155.0K | $68.0K | $-64.0K | $-58.0K | $14.0K | $506.0K | $1M | $622.0K | $641.0K | $779.0K | $536.0K | $1M | $404.0K | $446.0K | $-31.0K | |
| Pretax Income | $-1M | $698.0K | $-5M | $-7M | $-4M | $-8M | $-26M | $-10M | $-12M | $-14M | $-13M | $-12M | $-10M | $-7M | $-23M | $-13M | |
| Income Tax | $75.0K | $53.0K | $272.0K | $273.0K | $17.0K | $137.0K | $-601.0K | $261.0K | $120.0K | $144.0K | $27.0K | $187.0K | $-1M | $264.0K | $-99.0K | $110.0K | |
| Net Income | $-1M | $645.0K | $-5M | $-7M | $-4M | $-8M | $-25M | $-10M | $-12M | $-14M | $-13M | $-12M | $-9M | $-8M | $-23M | $-13M | |
| EPS (Basic) | $-0.02 | $0.01 | $-0.10 | $-0.14 | $-0.07 | $-0.16 | $-0.52 | $-0.21 | $-0.25 | $-0.29 | $-0.28 | $-0.26 | $-0.19 | $-0.17 | $-0.51 | $-0.29 | |
| EPS (Diluted) | $-0.02 | $0.01 | $-0.10 | $-0.14 | $-0.07 | $-0.16 | $-0.52 | $-0.21 | $-0.25 | $-0.29 | $-0.28 | $-0.26 | $-0.19 | $-0.17 | $-0.51 | $-0.29 | |
| Shares (Basic) | 56,983,000 | 54,121,000 | · | 50,288,000 | 49,581,000 | 49,093,000 | · | 48,133,000 | 47,658,000 | 47,242,000 | · | 46,403,000 | 45,717,000 | 45,706,000 | · | 44,786,000 | |
| Shares (Diluted) | 56,983,000 | 59,975,000 | · | 50,288,000 | 49,581,000 | 49,093,000 | · | 48,133,000 | 47,658,000 | 47,242,000 | · | 46,403,000 | 45,717,000 | 45,706,000 | · | 44,786,000 | |
| EBITDA | $-4M | · | · | $-7M | $-4M | $-10M | · | $-12M | $-13M | $-15M | · | $-13M | $-12M | $-8M | · | $-13M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $296M | $298M | $99M | $81M | $79M | $82M | $66M | $41M | $49M | $61M | $53M | $52M | $42M | $48M | $58M | $62M | |
| Receivables | $47M | $48M | $51M | $49M | $44M | $37M | $35M | $40M | $32M | $28M | · | $36M | $46M | $36M | · | $44M | |
| Inventory | $48M | $44M | $45M | $51M | $48M | $44M | $41M | $49M | $52M | $53M | · | $62M | $65M | $67M | · | $81M | |
| Prepaid Expense | $22M | $22M | $13M | $12M | $16M | $19M | $18M | $15M | $13M | $18M | · | $16M | $16M | $22M | · | $14M | |
| Current Assets | $447M | $446M | $243M | $228M | $223M | $216M | $194M | $211M | $213M | $219M | · | $224M | $229M | $233M | · | $251M | |
| PP&E (Net) | $43M | $41M | $42M | $44M | $45M | $45M | $47M | $48M | $49M | $50M | · | $54M | $57M | $59M | · | $63M | |
| PP&E (Gross) | $149M | $144M | $142M | $156M | $156M | $155M | $153M | $151M | $151M | $149M | · | $146M | $146M | $145M | · | $143M | |
| Accum. Depreciation | $107M | $103M | $100M | $112M | $111M | $110M | $106M | $103M | $101M | $98M | · | $92M | $89M | $86M | · | $80M | |
| Goodwill | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | $12M | |
| Intangibles | · | · | $0 | $436.0K | $536.0K | $684.0K | $833.0K | $981.0K | $1M | $1M | · | $2M | $3M | $3M | · | $5M | |
| Other Non-current Assets | $1M | $2M | $2M | $3M | $3M | $4M | $5M | $8M | $7M | $7M | · | $7M | $7M | $8M | · | $3M | |
| Total Assets | $518M | $516M | $315M | $299M | $295M | $290M | $270M | $291M | $294M | $303M | · | $313M | $322M | $330M | · | $349M | |
| Accounts Payable | $24M | $19M | $21M | $17M | $18M | $17M | $15M | $16M | $13M | $14M | · | $14M | $18M | $18M | · | $20M | |
| Accrued Liabilities | $17M | $17M | $19M | $19M | $16M | $15M | $13M | $14M | $13M | $14M | · | $14M | $14M | $15M | · | $15M | |
| Current Liabilities | $55M | $63M | $64M | $41M | $40M | $37M | $34M | $36M | $35M | $38M | · | $34M | $36M | $37M | · | $39M | |
| Capital Leases | $12M | $13M | $13M | $9M | $10M | $10M | $10M | $10M | $10M | $11M | · | $11M | $12M | $13M | · | $14M | |
| Other Non-current Liabilities | $5M | $5M | $5M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | · | $3M | $3M | $4M | · | $4M | |
| Total Liabilities | $78M | $86M | $88M | $80M | $79M | $77M | $54M | $56M | $55M | $58M | · | $53M | $57M | $61M | · | $63M | |
| Common Stock | $17.0K | $17.0K | $16.0K | $16.0K | $16.0K | $16.0K | $16.0K | $16.0K | $16.0K | $16.0K | · | $16.0K | $16.0K | $16.0K | · | $16.0K | |
| Paid-in Capital | $793M | $780M | $578M | $565M | $556M | $550M | $545M | $538M | $532M | $525M | · | $514M | $508M | $502M | · | $490M | |
| Retained Earnings | $-349M | $-348M | $-349M | $-344M | $-337M | $-333M | $-325M | $-300M | $-290M | $-278M | · | $-251M | $-239M | $-230M | · | $-200M | |
| AOCI | $-3M | $-3M | $-3M | $-3M | $-3M | $-4M | $-3M | $-2M | $-3M | $-3M | · | $-3M | $-3M | $-2M | · | $-4M | |
| Stockholders' Equity | $440M | $429M | $227M | $218M | $216M | $213M | $216M | $235M | $240M | $244M | $254M | $260M | $265M | $269M | $271M | $286M | |
| Liabilities + Equity | $518M | $516M | $315M | $299M | $295M | $290M | $270M | $291M | $294M | $303M | · | $313M | $322M | $330M | · | $349M | |
| Shares Outstanding | 57,658,000 | 56,406,000 | 51,163,000 | 50,784,000 | 49,883,000 | 49,435,000 | 48,948,000 | 48,343,000 | 48,099,000 | 47,552,000 | 47,266,000 | 46,673,000 | 46,503,000 | 45,785,000 | 45,629,000 | 45,303,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $11M | $11M | $12M | $9M | $6M | $6M | $6M | $7M | $7M | $5M | $6M | $7M | $8M | $6M | $6M | $7M | |
| Amort. of Intangibles | · | · | $436.0K | $99.0K | $149.0K | $149.0K | $149.0K | $149.0K | $149.0K | $373.0K | $514.0K | $633.0K | $609.0K | $654.0K | $732.0K | $660.0K | |
| Restructuring | $0 | $295.0K | $615.0K | $2M | $0 | $0 | $4M | $0 | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $21M | $10M | $18M | $5M | $-1M | $-20.0K | $-4M | $-6M | $-4M | $11M | $404.0K | $13M | $-4M | $644.0K | $10.0K | $-3M | |
| CapEx | $5M | $2M | $2M | $3M | $2M | $2M | $3M | $2M | $2M | $2M | $953.0K | $3M | $956.0K | $684.0K | $5M | $4M | |
| Investing Cash Flow | $-5M | $-1M | $-2M | $-3M | $-2M | $-2M | $28M | $-2M | $-7M | $-2M | $-937.0K | $-2M | $-779.0K | $-10M | $-5M | $-4M | |
| Stock Issued | $919.0K | $191M | · | · | $0 | $0 | · | · | · | · | · | · | · | · | · | $0 | |
| Financing Cash Flow | $-18M | $191M | $2M | $33.0K | $-279.0K | $19M | $1M | $-573.0K | $-181.0K | $-2M | $1M | $-482.0K | $-2M | $-39.0K | $314.0K | $-1M | |
| Net Change in Cash | $-2M | $200M | $18M | $2M | $-3M | $16M | $24M | $-8M | $-12M | $8M | $1M | $10M | $-7M | $-9M | $-4M | $-8M | |
| Free Cash Flow | · | · | · | · | · | $-2M | · | · | · | $10M | · | · | · | $-40.0K | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.1% | · | · | 31.1% | 29.9% | 26.7% | · | 22.4% | 23.5% | 16.8% | · | 19.6% | 22.7% | 26.4% | · | 22.4% | |
| Operating Margin | -4.3% | · | · | -10.9% | -6.9% | -18.6% | · | -21.0% | -25.1% | -33.1% | · | -24.8% | -21.9% | -15.2% | · | -21.6% | |
| Net Margin | -1.6% | · | · | -10.3% | -5.8% | -15.7% | · | -18.4% | -23.2% | -30.9% | · | -23.5% | -16.6% | -14.3% | · | -21.6% | |
| Pretax Margin | -1.5% | · | · | -9.9% | -5.8% | -15.4% | · | -17.9% | -23.0% | -30.6% | · | -23.1% | -19.3% | -13.8% | · | -21.4% | |
| EBITDA Margin | -4.3% | · | · | -10.9% | -6.9% | -18.6% | · | -21.0% | -25.1% | -33.1% | · | -24.8% | -21.9% | -15.2% | · | -21.6% | |
| ROA | -0.33% | · | · | -2.3% | -1.2% | -2.7% | · | -3.4% | -3.8% | -4.3% | · | -3.6% | -2.6% | -2.2% | · | -3.5% | |
| ROE | -0.41% | · | · | -3.0% | -1.6% | -3.5% | · | -4.2% | -4.7% | -5.4% | · | -4.4% | -3.2% | -2.7% | · | -4.4% | |
| ROIC | -0.86% | · | · | -3.5% | -2.0% | -4.6% | · | -5.1% | -5.3% | -6.1% | · | -4.9% | -3.8% | -3.2% | · | -4.6% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 8.2 | · | · | 5.6 | 5.6 | 5.8 | · | 5.8 | 6.1 | 5.7 | · | 6.7 | 6.3 | 6.3 | · | 6.5 | |
| Quick Ratio | 6.3 | · | · | 3.2 | 3.1 | 3.2 | · | 2.3 | 2.3 | 2.3 | · | 2.6 | 2.4 | 2.3 | · | 2.7 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | · | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.1 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 1.2 | · | · | 0.9 | 0.9 | 0.8 | · | 0.8 | 0.7 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.6 | |
| Receivables Turnover | 1.8 | · | · | 1.5 | 1.6 | 1.6 | · | 1.5 | 1.3 | 1.4 | · | 1.3 | 1.2 | 1.5 | · | 1.5 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $7.63 | · | · | $4.30 | $4.33 | $4.30 | · | $4.87 | $4.98 | $5.14 | · | $5.56 | $5.71 | $5.88 | · | $6.31 | |
| Revenue / Share | $1.45 | · | · | $1.33 | $1.25 | $1.05 | · | $1.17 | $1.06 | $0.94 | · | $1.09 | $1.17 | $1.18 | · | $1.34 | |
| Cash Flow / Share | · | · | · | · | · | $-0.00 | · | · | · | $0.24 | · | · | · | $0.01 | · | · | |
| Cash / Share | $5.13 | · | · | $1.60 | $1.58 | $1.66 | · | $0.86 | $1.03 | $1.29 | · | $1.12 | $0.90 | $1.06 | · | $1.37 | |
| EPS (TTM) | $-0.25 | $-0.36 | · | $-0.89 | $-0.96 | $-1.14 | · | $-1.03 | $-1.08 | $-1.02 | · | $-1.13 | $-1.16 | $-1.20 | · | $-0.92 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $311M | $260M | · | $228M | $217M | $206M | · | $203M | $198M | $200M | · | $215M | $224M | $232M | · | $253M | |
| Net Income TTM | $-12M | $-18M | · | $-44M | $-47M | $-55M | · | $-49M | $-51M | $-48M | · | $-51M | $-52M | $-54M | · | $-41M | |
| Market Cap | $4.01B | · | · | $1.50B | $982M | $384M | · | $517M | $526M | $618M | · | $485M | $717M | $466M | · | $428M | |
| P/E | -278.5 | -158.4 | · | -33.3 | -20.5 | -6.8 | · | -10.4 | -10.1 | -12.7 | · | -9.2 | -13.3 | -8.5 | · | -10.3 | |
| P/S | 12.9 | · | · | 6.6 | 4.5 | 1.9 | · | 2.5 | 2.7 | 3.1 | · | 2.3 | 3.2 | 2.0 | · | 1.7 | |
| P/B | 9.1 | · | · | 6.9 | 4.5 | 1.8 | · | 2.2 | 2.2 | 2.5 | · | 1.9 | 2.7 | 1.7 | · | 1.5 | |
| P / Tangible Book | 9.4 | 7.7 | · | 7.3 | 4.8 | 1.9 | · | 2.3 | 2.3 | 2.7 | · | 2.0 | 2.9 | 1.8 | · | 1.6 | |
| P / Cash Flow | · | · | · | · | · | -19205.5 | · | · | · | 54.3 | · | · | · | 723.7 | · | · | |
| Earnings Yield | -0.36% | -0.63% | · | -3.0% | -4.9% | -14.7% | · | -9.6% | -9.9% | -7.8% | · | -10.9% | -7.5% | -11.8% | · | -9.7% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $261M | $199M | $210M | $242M | $270M |
| Gross Margin % | 29.8% | 16.6% | 22.0% | 21.0% | 28.6% |
| Operating Margin % | -10.2% | -33.1% | -22.3% | -22.8% | -11.2% |
| Net Income | $-23M | $-61M | $-42M | $-55M | $-30M |
| Diluted EPS | $-0.47 | $-1.27 | $-0.90 | $-1.23 | $-0.70 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | · | · | · | · | 0.0 |
| Current Ratio | 3.8 | 5.7 | 6.7 | 6.7 | 6.1 |
| Quick Ratio | 2.3 | 2.9 | 2.8 | 2.8 | 4.1 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $12M | $-10M | $5M | $-36M | $-27M |
Institutional owners (13F) 376 filers · $3.7B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
376
Value held
$3.7B
New positions
80
Exited positions
46
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 80 (-34 vs prior Q) | 46 (+25 vs prior Q) | 135 (+27 vs prior Q) | 120 (+24 vs prior Q) | +3.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $339,687,072 | 4,879,159 | 9.11% | Shares |
| VANGUARD GROUP INC | $187,165,823 | 4,989,758 | 5.02% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $167,001,462 | 2,398,757 | 4.48% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $152,958,760 | 2,197,052 | 4.10% | Shares |
| NEEDHAM INVESTMENT MANAGEMENT LLC | $138,734,559 | 1,992,740 | 3.72% | Shares |
| Driehaus Capital Management LLC | $138,273,605 | 1,986,119 | 3.71% | Shares |
| Invesco Ltd. | $114,291,742 | 1,641,651 | 3.07% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $113,834,649 | 1,634,809 | 3.05% | Shares |
| NEUBERGER BERMAN GROUP LLC | $101,704,146 | 1,466,211 | 2.73% | Shares |
| STATE STREET CORP | $89,026,645 | 1,278,751 | 2.39% | Shares |
| FMR LLC | $73,995,376 | 1,062,847 | 1.98% | Shares |
| JPMORGAN CHASE & CO | $66,979,168 | 1,027,352 | 1.80% | Shares |
| AWM Investment Company, Inc. | $65,373,946 | 939,011 | 1.75% | Shares |
| VAN ECK ASSOCIATES CORP | $64,719,378 | 929,609 | 1.74% | Shares |
| GILDER GAGNON HOWE & CO LLC | $58,550,072 | 840,995 | 1.57% | Shares |
| Hood River Capital Management LLC | $58,218,263 | 836,229 | 1.56% | Shares |
| GOLDMAN SACHS GROUP INC | $54,551,378 | 783,559 | 1.46% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $54,087,642 | 777,085 | 1.45% | Shares |
| JANE STREET GROUP, LLC | $53,419,426 | 767,300 | 1.43% | Put option |
| Nuveen, LLC | $52,289,077 | 751,064 | 1.40% | Shares |
| ALLIANCEBERNSTEIN L.P. | $52,110,293 | 913,895 | 1.40% | Shares |
| EMERALD ADVISERS, LLC | $51,299,358 | 736,848 | 1.38% | Shares |
| PINNACLE ASSOCIATES LTD | $49,606,756 | 712,536 | 1.33% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $48,027,914 | 689,858 | 1.29% | Shares |
| Artisan Partners Limited Partnership | $42,307,378 | 607,690 | 1.13% | Shares |
| NORTHERN TRUST CORP | $41,616,747 | 597,770 | 1.12% | Shares |
| RAYMOND JAMES FINANCIAL INC | $38,637,535 | 554,978 | 1.04% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $36,865,182 | 529,520 | 0.99% | Shares |
| ROYCE & ASSOCIATES LP | $35,295,391 | 506,972 | 0.95% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $34,475,546 | 495,196 | 0.92% | Shares |
| Stephens Investment Management Group LLC | $31,756,397 | 456,139 | 0.85% | Shares |
| MILLENNIUM MANAGEMENT LLC | $31,261,051 | 449,024 | 0.84% | Shares |
| EMERALD MUTUAL FUND ADVISERS TRUST | $31,219,140 | 448,422 | 0.84% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $30,411,408 | 436,820 | 0.82% | Shares |
| MORGAN STANLEY | $29,957,981 | 430,306 | 0.80% | Shares |
| OBERWEIS ASSET MANAGEMENT INC/ | $28,774,642 | 413,310 | 0.77% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $27,971,158 | 401,769 | 0.75% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $27,060,807 | 388,693 | 0.73% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $26,159,000 | 375,743 | 0.70% | Shares |
| ALGERT GLOBAL LLC | $24,589,854 | 353,201 | 0.66% | Shares |
| AMERIPRISE FINANCIAL INC | $22,629,374 | 325,039 | 0.61% | Shares |
| Harvey Partners, LLC | $21,074,740 | 302,711 | 0.57% | Shares |
| Trexquant Investment LP | $20,179,984 | 289,859 | 0.54% | Shares |
| FRED ALGER MANAGEMENT, LLC | $20,070,959 | 288,293 | 0.54% | Shares |
| JANE STREET GROUP, LLC | $19,214,772 | 275,995 | 0.52% | Shares |
| Apis Capital Advisors, LLC | $19,020,184 | 273,200 | 0.51% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $18,620,844 | 267,464 | 0.50% | Shares |
| Qube Research & Technologies Ltd | $18,085,327 | 259,772 | 0.49% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $17,432,848 | 250,400 | 0.47% | Shares |
| Granahan Investment Management, LLC | $16,499,313 | 236,991 | 0.44% | Shares |
Company insiders 16 insiders · 5 officers · 10 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Scott H Keeney | President and CEO | Sept. 9, 2026 S | 1,960,034 | 0 | 63 | $-57,419,109 |
| Joseph John Corso | Chief Financial Officer | Sept. 4, 2026 S | 162,200 | 0 | 16 | $-11,640,059 |
| Ran Bareket | Chief Financial Officer | Jan. 18, 2022 D | 63,382 | 0 | 0 | $0 |
| James Nias | Chief Accounting Officer | Sept. 3, 2026 S | 96,596 | 0 | 10 | $-850,478 |
| Robert Martinsen | Chief Technology Officer | June 30, 2020 F | 35,710 | 0 | 0 | $0 |
| Geoffrey Moore | Director | Sept. 15, 2026 S | 85,717 | 0 | 1 | $-171,179 |
| William Gossman | Director | Aug. 28, 2026 M | 100,251 | 0 | 1 | $-665,400 |
| Camille Nichols | Director | June 5, 2026 A | 57,484 | 0 | 0 | $0 |
| Gary Locke | Director | June 5, 2026 A | 115,003 | 0 | 0 | $0 |
| Mark D Hartman | Director | June 5, 2026 A | 9,022 | 0 | 0 | $0 |
| Gerald M Haines II | Director | June 5, 2026 A | 5,579 | 0 | 0 | $0 |
| Raymond A Link | Director | April 27, 2026 M | 77,672 | 0 | 4 | $-2,056,396 |
| Bandel L Carano | Director | Jan. 2, 2026 A | 41,145 | 0 | 0 | $0 |
| David D. Osborne | Director | Nov. 19, 2018 S | 128,224 | 0 | 0 | $0 |
| Hadley Harbor Master Investors (Cayman) L.P. | 10% owner | April 30, 2018 C | 3,339,734 | 0 | 0 | $0 |
| Douglas C Carlisle | · | June 10, 2025 A | 238,936 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 35 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| SPIT · RBB Fund, Inc. | 2.34% | 11,336 NS | July 31, 2026 | N-PORT |
| FYC · First Trust Exchange-Traded AlphaDE… | 0.67% | 126,053 NS | July 31, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.32% | 21,102 SH | Oct. 2, 2026 | Daily |
| FYX · First Trust Exchange-Traded AlphaDE… | 0.25% | 50,120 NS | July 31, 2026 | N-PORT |
| VTWG · VANGUARD SCOTTSDALE FUNDS | 0.23% | 59,923 SH | Aug. 19, 2026 | Daily |
| TRFM · ETF Series Solutions | 0.20% | 7,078 NS | July 31, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.15% | 1,960 NS | July 31, 2026 | N-PORT |
| IWO · iShares Trust | 0.14% | 525,972 SH | Sept. 11, 2026 | Daily |
| BBSC · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 14,402 NS | July 31, 2026 | N-PORT |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.14% | 11,418 NS | July 31, 2026 | N-PORT |
| VFMO · VANGUARD WELLINGTON FUND | 0.13% | 37,490 SH | Aug. 19, 2026 | Daily |
| PPA · Invesco Exchange-Traded Fund Trust | 0.13% | 239,873 SH | Oct. 2, 2026 | Daily |
| RSSL · Global X Funds | 0.12% | 26,762 NS | July 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.12% | 321,807 SH | Aug. 19, 2026 | Daily |
| IWM · iShares Trust | 0.07% | 1,434,872 SH | Sept. 11, 2026 | Daily |
| ISCG · iShares Trust | 0.07% | 16,697 SH | Sept. 11, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.05% | 118,919 NS | July 31, 2026 | N-PORT |
| FTEC · FIDELITY COVINGTON TRUST | 0.05% | 149,488 NS | July 31, 2026 | N-PORT |
| VGT · VANGUARD WORLD FUND | 0.05% | 1,178,447 SH | Aug. 19, 2026 | Daily |
| ESML · iShares Trust | 0.04% | 30,573 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.04% | 646,917 SH | Aug. 19, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 23,183 SH | Oct. 2, 2026 | Daily |
| WSML · iShares Trust | 0.02% | 3,425 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.01% | 73,315 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.01% | 1,697,445 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.01% | 4,592 SH | Aug. 19, 2026 | Daily |
| IGM · iShares Trust | 0.01% | 26,513 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.01% | 9,653 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 14,842 NS | July 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.00% | 1,106 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 72,133 SH | Sept. 11, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.00% | 1,461 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.00% | 14,978 SH | Sept. 11, 2026 | Daily |
| ISCB · iShares Trust | · | 2,393 SH | Sept. 11, 2026 | Daily |
| SMLF · iShares Trust | · | 64,234 SH | Sept. 11, 2026 | Daily |
LASR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 15 analysts
BUY
Median target
$90.00
+121.8%
6 40.0%
Strong Buy
7 46.7%
Buy
2 13.3%
Hold
0 0.0%
Sell
0 0.0%
Strong Sell
12-Month Price Target
7 analysts · 2026-10-01Mean target $88.86 +119.0%
← Below all targets
Current price $40.58
Low$81.00
Mean$88.86
High$100.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| LASR | $1.92B | -79.8 | 31.6% | -9.0% | -10.6% | 29.8% |
| BMI | $6.49B | 36.4 | 10.9% | 15.4% | 20.4% | 41.7% |
| MIR | · | 212.9 | 7.5% | 3.1% | 1.7% | 47.4% |
| OSIS | $3.48B | 24.4 | 4.2% | 8.7% | 18.4% | 33.2% |
| OUST | $1.32B | -20.2 | 52.5% | -35.6% | -25.0% | 49.3% |
| CXT | $2.70B | 18.8 | 11.4% | 8.8% | 12.5% | · |
| ARLO | $1.47B | 99.9 | 3.6% | 2.8% | 12.1% | 44.0% |
| NSSC | $1.36B | 31.6 | 11.4% | 21.3% | 22.9% | 59.2% |
| AEVA | $818M | -5.2 | 99.4% | -804.4% | 277.1% | -3.6% |
| FEIM | $495M | -557.3 | -9.4% | -1.4% | -1.6% | 29.1% |
Latest News Recent headlines mentioning this company
nLIGHT's CEO Sold Nearly 25,000 Shares for $1.9 Million. Here's What That Means for Investors.
Nasdaq · 3 months, 3 weeks ago
The CFO of nLIGHT Sold Company Shares Worth $3.9 Million. Here's What That Means for Investors.
Nasdaq · 4 months ago
Needham Remains Bullish on nLIGHT, Inc. (LASR)
Yahoo Finance · 4 months, 1 week ago
Laser Business Exit Improved nLIGHT’s (LASR) Profitability
Yahoo Finance · 6 months, 2 weeks ago
nLight Q4 Earnings Report : What Investors Need to Know - nLight ( NASDAQ : LASR )
www.benzinga.com · 7 months ago
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Source: SEC 10-Q filed Aug 7, 2026