
nLIGHT Income Statement 2025-2011 | LASR
Brief overview of financial performance at nLIGHT
This overview is based on financial performance over the past five years. nLIGHT reported revenue of 223 million dollars in 2020 and 261 million dollars by 2025. The five-year change reached +17.3%, while CAGR stood at 3.2%. The revenue trend is close to stagnation.
The five-year change in gross profit reached +31.3%: from 59.4 million dollars to 78 million dollars. Revenue outpaced cost of revenue, allowing more sales to flow into gross profit. Gross margin moved from 26.6% to 29.8%. The margin shift points to a more favorable sales-and-cost structure.
The five-year EBITDA result moved by −6.6%: from −13.3 million dollars to −14.2 million dollars. Operating performance weakened relative to revenue. EBITDA margin was −6% at the start and −5.4% at the end. The EBITDA margin stayed near its previous level.
Net income moved from −20.9 million dollars at the start to −23.5 million dollars at the end. The negative result deepened, showing weaker final efficiency.
Market capitalization changed from 1.3 billion dollars to 779 million dollars (−37.8%). Market expectations deteriorated over the period.
Summary assessment
The results contain several connected negative signals. The constructive conclusion rests on stable operating profitability and improving gross profitability. The most visible risks are a weaker market valuation, limited revenue growth and a narrow EBITDA buffer. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement nLIGHT
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
779 M | 436 M | 605 M | 495 M | 1.01 B | 1.25 B | 702 M | 466 M | - | - | - | - | - | - | - |
Shares |
50 M | 47.9 M | 46.1 M | 44.4 M | 42.1 M | 38.4 M | 37.1 M | 24.9 M | - | - | - | - | - | - | - |
Historical Prices |
15.6 | 9.1 | 13.1 | 11.1 | 23.9 | 32.6 | 20.3 | 17.8 | - | - | - | - | - | - | - |
Net Income |
-23.5 M | -60.8 M | -41.7 M | -54.6 M | -29.7 M | -20.9 M | -12.9 M | 13.9 M | 1.84 M | -14.2 M | - | - | - | - | - |
Revenue |
261 M | 199 M | 210 M | 242 M | 270 M | 223 M | 177 M | 191 M | 139 M | 101 M | - | - | - | - | - |
Cost of Revenue |
183 M | 166 M | 164 M | 191 M | 193 M | 163 M | 124 M | 124 M | 94.3 M | 78.2 M | - | - | - | - | - |
Gross Profit |
78 M | 33 M | 46.1 M | 50.8 M | 77.3 M | 59.4 M | 52.3 M | 67 M | 44.3 M | 23.2 M | - | - | - | - | - |
Operating Income |
-26.6 M | -65.6 M | -46.8 M | -55.1 M | -30.2 M | -21 M | -9.91 M | 17.1 M | 9.8 M | -9.34 M | - | - | - | - | - |
Interest Expense |
-40 K | 3.1 M | 2.78 M | 338 K | 336 K | 378 K | 535 K | -253 K | -1.83 M | -753 K | - | - | - | - | - |
EBITDA |
-14.2 M | -52.6 M | -34.4 M | -44 M | -21 M | -13.3 M | -345 K | 25.4 M | 17.7 M | -1.24 M | - | - | - | - | - |
Operating Expenses |
105 M | 98.7 M | 92.9 M | 106 M | 108 M | 80.4 M | 62.2 M | 49.9 M | 34.5 M | 32.5 M | - | - | - | - | - |
General and Administrative Expenses |
54.2 M | 49.3 M | 45.9 M | 48.3 M | 52.7 M | 39.2 M | 34.1 M | 28.8 M | - | - | - | - | - | - | - |
All numbers in USD currency
Quarterly Income Statement nLIGHT
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
57 M | 54.1 M | 50.3 M | 49.6 M | 49.1 M | 48.9 M | 48.1 M | 47.7 M | 47.2 M | 47.3 M | 46.4 M | 45.7 M | 45.7 M | 45.6 M | 44.8 M | 44.2 M | 43.7 M | 44.2 M | 42.9 M | 42.3 M | 40 M | 39.8 M | 38.6 M | 38.2 M | 37.8 M | 38.1 M | 37.3 M | 37.1 M | 36.7 M | 36.7 M | 35 M | 24.5 M | 3.03 M | 2.98 M | 2.75 M | 2.63 M | 2.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income |
-1.34 M | 645 K | -6.87 M | -3.59 M | -8.09 M | - | -10.3 M | -11.7 M | -13.8 M | - | -11.9 M | -8.82 M | -7.73 M | - | -13 M | -10.3 M | -8.62 M | - | -6.88 M | -7.89 M | -6.15 M | - | -2.11 M | -6.83 M | -7.48 M | -10.7 M | -778 K | -155 K | -1.24 M | 2.36 M | 4.01 M | 4.65 M | 2.92 M | - | 2.24 M | -287 K | -1.21 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Revenue |
82.6 M | 80.2 M | 66.7 M | 61.7 M | 51.7 M | - | 56.1 M | 50.5 M | 44.5 M | - | 50.6 M | 53.3 M | 54.1 M | - | 60.1 M | 60.8 M | 64.5 M | - | 72.2 M | 69.1 M | 61.3 M | - | 61.7 M | 52.1 M | 43.2 M | 42.9 M | 43.8 M | 48 M | 41.9 M | 46.2 M | 51 M | 51.7 M | 42.5 M | 37.5 M | 36.5 M | 34.7 M | 29.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cost of Revenue |
56.9 M | 53.7 M | 46 M | 43.3 M | 37.9 M | - | 43.6 M | 38.7 M | 37 M | - | 40.7 M | 41.2 M | 39.8 M | - | 46.6 M | 45.4 M | 48.3 M | - | 50.8 M | 48.8 M | 43.7 M | - | 44.6 M | 39.1 M | 33.7 M | - | 30.9 M | 32.2 M | 28.3 M | - | 33 M | 34 M | 27.7 M | - | 24.2 M | 24 M | 20.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
25.7 M | 26.5 M | 20.8 M | 18.5 M | 13.8 M | - | 12.6 M | 11.8 M | 7.49 M | - | 9.94 M | 12.1 M | 14.3 M | - | 13.5 M | 15.4 M | 16.2 M | - | 21.4 M | 20.3 M | 17.6 M | - | 17.2 M | 13.1 M | 9.5 M | 9.99 M | 13 M | 15.9 M | 13.5 M | 16.5 M | 18 M | 17.7 M | 14.7 M | 12.3 M | 12.3 M | 10.7 M | 8.97 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Income |
-3.57 M | -719 K | -7.3 M | -4.24 M | -9.61 M | - | -11.8 M | -12.7 M | -14.7 M | - | -12.5 M | -11.7 M | -8.21 M | - | -13 M | -10.3 M | -8.31 M | - | -6.76 M | -9.01 M | -5.78 M | - | -3.98 M | -6.05 M | -6.74 M | - | -696 K | 805 K | -1.05 M | - | 5.09 M | 5.55 M | 4.21 M | - | 4.6 M | 1.9 M | 612 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expense |
33 K | 155 K | -64 K | -58 K | 14 K | - | 1.33 M | 622 K | 641 K | - | 536 K | 1.06 M | 404 K | - | -31 K | -106 K | 29 K | - | 102 K | 118 K | 26 K | - | 477 K | -298 K | -116 K | - | 90 K | -907 K | 820 K | - | -537 K | -42 K | 76 K | - | -1.04 M | -630 K | -167 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
2.76 M | 2.44 M | -7.2 M | -4.09 M | -6.44 M | - | -11.6 M | -12.5 M | -11.6 M | - | -11.9 M | -11.1 M | -5.1 M | - | -12.3 M | -9.61 M | -5.75 M | - | -6.76 M | -9.01 M | -3.62 M | - | 1.64 M | -2.44 M | -4.97 M | - | 4.16 M | 4.01 M | 513 K | - | 6.59 M | 7.05 M | 6.15 M | - | 10.4 M | 5.8 M | 2.56 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Operating Expenses |
29.3 M | 27.2 M | 28.1 M | 22.7 M | 23.4 M | - | 24.3 M | 24.5 M | 22.2 M | - | 22.5 M | 23.8 M | 22.5 M | - | 26.5 M | 25.7 M | 24.5 M | - | 28.2 M | 29.3 M | 23.4 M | - | 21.1 M | 19.1 M | 16.2 M | - | 13.7 M | 15.1 M | 14.6 M | - | 13 M | 12.1 M | 10.5 M | - | 7.75 M | 8.78 M | 8.36 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
General and Administrative Expenses |
16.2 M | 15.1 M | 14.8 M | 11.7 M | 12 M | - | 13 M | 12.8 M | 11.5 M | - | 11.7 M | 11.8 M | 11.2 M | - | 13.7 M | 11.9 M | 10.8 M | - | 13.3 M | 15.1 M | 11.7 M | - | 10 M | 9.63 M | 7.7 M | - | 7.26 M | 8.57 M | 8.14 M | - | 7.48 M | 7.23 M | 6.24 M | - | 3.9 M | 4.77 M | 4.63 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company nLIGHT (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.