LASR NLIGHT, INC.

FY2025 10-K
Filed: Feb 27, 2026
Information Technology
Semiconductors & Related DevicesSEC EDGAR

NLIGHT, INC. (LASR) filed its fiscal year 2025 10-K annual report with the SEC on Feb 27, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

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
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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%
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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
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Financial Summary
XBRL

Revenue

$261M

Net Income

-$23M

Gross Margin

29.8%

Operating Margin

-10.2%

Net Margin

-9.0%

ROE

-10.3%

Total Assets

$315M

EPS (Diluted)

$-0.47

Operating Cash Flow

$21M

Source: XBRL data from NLIGHT, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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