The Tip Desk

NLIGHT, INC.

Company Stats

Market Cap
$2.2B
as of Sep 30, 2026
Shares Outstanding
57.7M
Free Float
96.9%

Income Statement

Revenue
$261.3M
Operating Income
-$26.6M
Net Income
-$23.5M
EBITDA
-$14.2M
Revenue Growth, 3Y
2.6%
FCF Margin, 3Y Avg
0.6%
FCF Margin, Worst Year
-5.2%

Cash Flow

Free Cash Flow
$12.3M
FCF Yield
0.5%
Owner FCF Yield
-0.9%

Balance Sheet

Cash & Equivalents
$98.7M

Returns & Capital

SBC, 3Y Avg
$28.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$261.3M$12.3M4.7%
FY2024$198.5M-$10.3M-5.2%
FY2023$209.9M$4.8M2.3%
FY2022$242.1M-$35.9M-14.8%
FY2021$270.1M-$26.8M-9.9%

Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage