Quarterly ResultMay 8, 2026, 12:27 PM
nLIGHT Q1 Net Income $645K; Revenue $80.18M; $191.3M Public Offering
AI Summary
nLIGHT, Inc. reported a net income of $645 thousand for the first quarter of 2026, a substantial turnaround from a net loss of $(8,093) thousand in the same period last year. Total revenue for Q1 2026 increased by 55.2% to $80.18 million compared to $51.67 million year-over-year. The company also completed a public offering in February 2026, raising $191.3 million in net proceeds, which significantly boosted its cash and cash equivalents.
Key Highlights
- Net income was $645K in Q1 2026, a significant improvement from $(8.09M) loss in Q1 2025.
- Total revenue increased 55.2% to $80.18M in Q1 2026 from $51.67M YoY.
- Completed a public offering in February 2026, generating $191.3M in net proceeds.
- Cash and cash equivalents surged to $298.21M as of March 31, 2026, from $98.70M.
- Gross profit rose to $26.51M in Q1 2026 from $13.80M in Q1 2025.
- Laser Products segment revenue grew to $58.20M from $35.68M YoY.
- Advanced Development segment revenue increased to $21.98M from $15.99M YoY.
- Total assets increased to $515.70M as of March 31, 2026, from $315.21M.