To the full analysis
nLIGHT stock: growth
LASRnLIGHT reported $261.33M in revenue for fiscal 2025, up 31.6% on the prior year, up 3.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
11.1%
per year from 2016 to 2025, per share 3%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
23.1%
per year from 2016 to 2025, per share 14.1%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2016 | |
|---|---|---|
| Revenue | 3.2% | 11.1% |
| Revenue per share | −2.4% | 3.0% |
| Earnings | no data | no data |
| Earnings per share | no data | no data |
| Free cash flow | no data | 23.1% |
| Free cash flow per share | no data | 14.1% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2016 | $101.33M | −$14.2M | $1.9M |
| 2017 | $138.58M | $1.84M | −$2.07M |
| 2018 | $191.36M | $13.94M | −$8.38M |
| 2019 | $176.62M | −$12.88M | −$17.87M |
| 2020 | $222.79M | −$20.93M | −$11.31M |
| 2021 | $270.15M | −$29.67M | −$29.01M |
| 2022 | $242.06M | −$54.58M | −$36.26M |
| 2023 | $209.92M | −$41.67M | $4.75M |
| 2024 | $198.55M | −$60.79M | −$10.29M |
| 2025 | $261.33M | −$23.47M | $12.3M |
Revenue by segment
How nLIGHT, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Aerospace and Defense67%
- Microfabrication18%
- Industrial15%
Figures as a table
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|
| Aerospace and Defense | $42.8M | $86.66M | $104.94M | $88.19M | $91.39M | $109.54M | $175.25M | 67.1% |
| Microfabrication | $57.15M | $51.65M | $70.41M | $62.77M | $47.48M | $43.39M | $47.23M | 18.1% |
| Industrial | $76.67M | $84.48M | $94.8M | $91.1M | $71.04M | $45.62M | $38.85M | 14.9% |
| Total revenue | $176.62M | $222.79M | $270.15M | $242.06M | $209.92M | $198.55M | $261.33M | 100% |
Revenue by region
Where nLIGHT, Inc. generates its revenue.
- North America$185.6M71%
- Asia Pacific$38.4M15%
- EMEA$37.3M14%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| North America | $185.62M | 71% |
| Asia Pacific | $38.42M | 14.7% |
| EMEA | $37.29M | 14.3% |
| Total revenue | $261.33M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 May 2019)
- Valuation signal Overvalued since 7 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.