nLIGHT turns profitable on 55% revenue surge, raises $191M in equity offering

Filed May 8, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~1 min read

Key Changes

• high

  Company achieved first quarterly profit ($0.6M net income vs $8.1M loss prior year) as revenue jumped 55% to $80.2M, driven by 69% growth in Aerospace & Defense segment to $55.1M.

  MD&A: Revenue and Profitability verify on EDGAR →
• high

  Product gross margin expanded to 43.6% from 33.5%, reflecting favorable sales mix and better absorption of fixed manufacturing costs from higher production volumes.

  MD&A: Gross Margin verify on EDGAR →
• high

  Completed public equity offering raised $191.3M net, boosting cash position to $298.5M from $99.0M at year-end 2025 and strengthening balance sheet for growth investments.

  MD&A: Financing Activities verify on EDGAR →