Quarterly ResultMay 7, 2026, 04:27 PM
nLIGHT Q1 Revenue +55% to $80.2M; Net Income $0.6M
AI Summary
nLIGHT, Inc. announced strong first quarter 2026 financial results, with revenues increasing 55.2% year-over-year to $80.2 million, exceeding expectations. The company achieved GAAP net income of $0.6 million, or $0.01 per diluted share, a significant improvement from a net loss in the prior year. This performance was primarily driven by record Aerospace and Defense (A&D) product revenues. For the second quarter of 2026, nLIGHT expects revenues between $75 million and $81 million and Adjusted EBITDA in the range of $8 million to $12 million.
Key Highlights
- Total revenues increased 55.2% year-over-year to $80.2 million in Q1 2026.
- Aerospace and Defense (A&D) segment revenue was $55.1 million, up from $32.7 million in Q1 2025.
- Record A&D product revenues grew 98% year-over-year to $33.1 million.
- GAAP net income was $0.6 million ($0.01 per diluted share) in Q1 2026, compared to a loss of $8.1 million ($0.16 per diluted share) in Q1 2025.
- Adjusted EBITDA significantly increased to $13.8 million from $0.1 million year-over-year.
- Gross margin improved to 33.1% in Q1 2026 from 26.7% in Q1 2025.
- Q2 2026 revenue guidance is $75 million to $81 million, with Adjusted EBITDA of $8 million to $12 million.