LASR at a glance
NLIGHT, INC. (LASR, SEC CIK 1124796) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 6, 2026 and Form 4 insider filings as recently as September 17, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), NLIGHT, INC. (LASR) reported revenue of $261.3 million (up 31.6% from FY2024) and a net loss of $23.5 million. Diluted EPS was -$0.47.
- As of June 30, 2026, 32 institutional investment managers tracked by SignalX reported holding NLIGHT, INC. (LASR) shares worth $1.4 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by MOORE GEOFFREY on September 15, 2026 of 4,452 shares at $38.45 per share.
- In the last 90 days, LASR insiders reported 0 open-market purchases ($0) and 17 open-market sales ($27.0M) on Form 4, a net sale of $27.0M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $261.3M
- +31.6% vs prior year
- Insiders · 90 days
- 0 buys · 17 sells
- Net −$27.0M
- 13F holders
- 32 funds
- $1.4B · +0 vs prior quarter
- Latest 8-K
- Aug 6, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Design, manufacture, and sale of high-power semiconductor and fiber lasers for aerospace, defense, industrial, and microfabrication markets
- Emphasis on Advanced Development segment focused on next-generation directed energy and laser sensing technologies for government defense applications
- Strategic leveraging of vertical integration for rapid product innovation and superior semiconductor laser chip brilliance
- Top 10 customers accounted for 75% of revenues in 2025, up from 72% in 2024, showing increased revenue concentration
- Advanced programmable fiber lasers with field serviceability and multi-laser additive manufacturing solutions highlighted as growth drivers
Risk Factors
- Cybersecurity breach risk with potential material adverse impact on operations, managed under oversight of Board's Information Technology and Security Committee
- No identified regulatory or legal risk specific to laws, cases, or agencies disclosed in filing
- Information security leadership by Senior Director of IT & Information Security, Certified Information Systems Security Professional (CISSP) reporting to COO
- No explicit competitive or market disruption risk related to named competitors or technologies detailed
- No financial or structural risks such as leverage or key-person dependency specifically described in this section
Management Discussion & Analysis
- Revenue $261.3M in 2025, up 31.6% YoY from $198.5M; Aerospace & Defense best segment $175.3M (+60%), Industrial worst $38.8M (-14.8%)
- Gross margin improved to 29.8% in 2025 from 16.6% in 2024; Laser Products margin 39.2% vs 22.8%, Advanced Development margin 12.4% vs 7.0%
- Operating loss narrowed to 10.2% of revenue in 2025 vs 33.1% in 2024; net loss $23.5M vs $60.8M prior year
- Cash, equivalents & marketable securities grew $33M to $133.9M end 2025; operating cash flow positive $21.3M vs negative $2.4M; drew $20M on credit line; no buybacks/dividends disclosed; capex reflected in investing activities but incomplete data
- Management cites risks from global tariffs, market cycles, and competition; expects continued R&D investment and uncertainty in trade policies; existing liquidity sufficient for next 12 months
AI summary of the LASR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Revenue $82.6M, up 33.8% YoY from $61.7M, driven by Aerospace and Defense
- Gross margin 31.1% vs 29.9% YoY; net loss margin (1.6)% vs (5.8)%
- Best segment Laser Products revenue $59.4M, up 45.4%; worst Advanced Development $23.2M, up 11.1%
- Cash, equivalents and restricted cash $296.1M vs $99.0M; operating cash flow $30.4M
- Public offering generated $191.3M; China customs disruptions threaten future revenue and profitability
Risk Factors
- Newly added export-control risk triggered by expanded U.S. restrictions on lasers, semiconductors, and related technology exports to China
- Most materially updated supply-chain risk triggered by China’s June 2026 customs requirements, causing higher compliance costs and longer clearance times
- Regulatory-compliance exposure from export-control violations, including civil fines or suspension of export privileges
- Near-term operational risk from China-related disruptions potentially affecting production, revenue, and profitability
- International revenue risk from denied export licenses or restrictions on product sales
AI summary of the LASR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 and six-month fiscal 2026 results announced for periods ended June 30, 2026
- Full financial results and management commentary furnished in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Q2 revenue $82.6M, up 33.8% YoY, led by Products revenue $59.4M, up 45%
- Gross margin improved to 31.1% from 29.9%; Adjusted EBITDA reached $10.7M versus $5.6M
Item 5.07: Submission of Matters to a Vote of Security Holders
- 2026 annual meeting participation: 49,845,553 shares, or 88.36% of eligible shares
- Geoffrey Moore elected Class II director through 2029; 22,884,069 votes for versus 18,307,711 withheld
Item 2.02: Results of Operations and Financial Condition
- Q1 fiscal 2026 results covered the three months ended March 31, 2026
- Results announced May 7, 2026
AI summaries of LASR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for LASR
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- Fund moves. Which tracked funds opened, added or cut LASR, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| MOORE GEOFFREY | Sell | Sep 15, 2026 | 4,452 | $38.45 |
| Keeney Scott H | Sell | Sep 9, 2026 | 100,000 | $41.01 |
| Keeney Scott H | Sell | Sep 8, 2026 | 67,651 | $41.69 |
| Keeney Scott H | Sell | Sep 8, 2026 | 1,080 | $42.20 |
| Keeney Scott H | Sell | Sep 8, 2026 | 46,521 | $40.75 |
| Corso Joseph John | Sell | Sep 4, 2026 | 3,524 | $41.49 |
| Corso Joseph John | Sell | Sep 3, 2026 | 4,191 | $40.69 |
| Keeney Scott H | Sell | Sep 3, 2026 | 9,753 | $40.69 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $209.9M | $198.5M | $261.3M |
| Gross Profit | - | $33.0M | $78.0M |
| Operating Income | - | -$65.6M | -$26.6M |
| Net Income | - | -$60.8M | -$23.5M |
| Gross Margin | - | 16.6% | 29.8% |
| Op. Margin | - | -33.1% | -10.2% |
| Net Margin | - | -30.6% | -9.0% |
| Balance Sheet | |||
| Total Assets | - | $270.2M | $315.2M |
| Equity | $254.4M | $216.4M | $226.7M |
| ROE | - | -28.1% | -10.3% |
| Per Share | |||
| EPS | - | $-1.27 | $-0.47 |
| Cash Flow | |||
| Operating CF | - | -$2.4M | $21.3M |
| CapEx | - | $7.9M | $9.0M |
Source: XBRL data in NLIGHT, INC. (LASR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate LASR share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 32 | $1.42B |
| Q1 2026 | 32 | $1.03B |
| Q4 2025 | 27 | $617.6M |
| Q3 2025 | 28 | $515.4M |
| Q2 2025 | 24 | $308.4M |
| Q1 2025 | 21 | $76.8M |
| Q4 2024 | 19 | $96.8M |
| Q3 2024 | 15 | $68.2M |
- JPMorgan Chase & Co+830.5K (+422%)
- BlackRock+559.8K (+13%)
- Invesco Ltd+439.1K (+37%)
- Goldman Sachs Group+290.7K (+59%)
- Raymond James Financial+235.8K (+74%)
- Citadel Advisors LLC−284.9K (-72%)
- Vanguard Portfolio Management LLC−270.5K (-11%)
- Millennium Management−222.8K (-33%)
- Bank of America Corp−107.0K (-45%)
- Citigroup−39.1K (-53%)
- Mangrove Partners−3.9K
Source: 13F-HR filings on SEC EDGAR (aggregated from 198 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
LASR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 10, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 8, 2026 | - | - | - |
| 4 | Sep 1, 2026 | - | - | - |
| 4 | Aug 25, 2026 | - | - | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 4 | Jun 9, 2026 | - | - | |
| 8-K | Jun 8, 2026 | - | Analysis | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 5, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - |
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LASR SEC filings: frequently asked questions
Are LASR insiders buying or selling?
In the last 90 days, NLIGHT, INC. (LASR) officers, directors and 10% owners reported no open-market purchases and 17 open-market sales worth $27.0 million by 5 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold LASR stock?
As of June 30, 2026, the largest NLIGHT, INC. (LASR) holders among the 13F filers tracked by SignalX were BlackRock ($339.7 million), Vanguard Capital Management LLC ($167.0 million), Vanguard Portfolio Management LLC ($153.0 million), Invesco Ltd ($114.3 million), State Street Corp ($89.0 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was LASR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), NLIGHT, INC. (LASR) reported revenue of $261.3 million (up 31.6% from FY2024) and a net loss of $23.5 million. Diluted EPS was -$0.47. The figures come from the XBRL data in the 10-K.
What are the main risks in LASR's latest 10-K?
In the 10-K filed February 27, 2026, NLIGHT, INC. (LASR) flagged: Cybersecurity breach risk with potential material adverse impact on operations, managed under oversight of Board's Information Technology and Security Committee. No identified regulatory or legal risk specific to laws, cases, or agencies disclosed in filing. (AI summary of the Risk Factors section.)
What did LASR report in its latest 8-K?
NLIGHT, INC. (LASR) filed an 8-K on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 and six-month fiscal 2026 results announced for periods ended June 30, 2026.
What are the latest LASR SEC filings?
NLIGHT, INC. (LASR) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on August 6, 2026 and a Form 4 insider filing on September 17, 2026.
What is LASR's SEC CIK number?
NLIGHT, INC. (LASR)'s SEC Central Index Key (CIK) is 1124796. EDGAR lists every LASR filing under that number.
Ask anything about LASR
The research agent reads LASR's filings, financials, insider trades and 13F holders, then answers with sources.