nLIGHT, Inc.
LASRUSnLIGHT, Inc. specializes in the development, production, and sale of advanced semiconductor and fiber lasers. These sophisticated laser systems find applications across diverse sectors such as industrial manufacturing, precision microfabrication, and the aerospace and defense industries. The company's operations are divided into two main segments: Laser Products and Advanced Development. Furthermore, nLIGHT supplies fiber amplifiers and intricate beam combination and control systems, which are integral to high-energy laser systems used in directed energy applications. The firm utilizes a dual distribution approach, leveraging its direct sales force in key markets including the United States, China, South Korea, and European countries, while also partnering with independent sales representatives and distributors across wider regions in Asia, Europe, and South America. Founded in 2000, the company was originally known as nLight Photonics Corporation before officially adopting its current name, nLIGHT, Inc., in January 2016. Its corporate headquarters are located in Camas, Washington.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Industrial, Aerospace & Defense
- Sub-sector
- Industrial Machinery & Automation
- Listing
- LASR
- Country
- US
EV / LTM Revenue
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | -10% | -13% | -5% | 32% | 17% | 13% |
| Revenue | $270M | $242M | $210M | $199M | $261M | $307M | $347M |
| Gross Profit | $77M | $51M | $46M | $33M | $78M | — | — |
| Gross Profit Margin | 28.6% | 21.0% | 22.0% | 16.6% | 29.8% | — | — |
| EBITDA | ($15M) | ($35M) | ($27M) | ($40M) | ($7M) | ($39M) | ($45M) |
| EBITDA Margin | -5.5% | -14.6% | -12.8% | -20.1% | -2.6% | -12.8% | -12.8% |
| EBIT | ($30M) | ($55M) | ($47M) | ($66M) | ($27M) | ($57M) | ($65M) |
| Net Income | ($30M) | ($55M) | ($42M) | ($61M) | ($23M) | $25M | $40M |
| Free Cash Flow | ($29M) | ($36M) | $5M | ($10M) | $12M | — | — |
| FCF Margin | -10.7% | -15.0% | 2.3% | -5.2% | 4.7% | — | — |
| Short-Term Debt | $0M | $0M | $0M | $0M | $23M | — | — |
| Long-Term Debt | $0M | $0M | $0M | $0M | $0M | — | — |
| Cash & Cash Equivalents | $147M | $58M | $53M | $66M | $99M | — | — |
| Net Debt | ($147M) | ($58M) | ($53M) | ($66M) | ($76M) | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Rule of 40 | — | -25.4% | -11.0% | -10.6% | 36.3% | — | — |