Filing Flows › Nlight (LASR) › Q2 2025
Nlight (LASR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Nlight (LASR) reported revenue of $61.7M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +19% from the quarter before. Operating margin was -6.9%, net loss $3.6M (5.8% of revenue).
Nlight, Q2 2025: revenue $61.7M (+22% year over year), operating margin -6.9%, net loss $3.6M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.7M | +19% | +22% |
| Operating profit | −$4.2M | — | — |
| Net earnings | −$3.6M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $61.7M in Q2 2025, up 22% year over year and up 19% from the previous quarter. Products was the largest line at 66% of revenue. Products added $6.4M year over year (up 18%), 57% of the total change. Industrial declined 24%.
Gross margin was 29.9%, up 6.4 points from a year earlier. Operating costs exceeded revenue by $4.2M, an operating margin of -6.9%. Operating expenses fell 8% while revenue rose 22%. The quarter ended with a net loss of $3.6M, narrower than the previous quarter's $8.1M loss.
Operating cash flow was −$1.4M. Non-cash charges added back $3.2M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $7.4M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Nlight's revenue in the second quarter 2025?
Nlight (LASR) reported revenue of $61.7M for the second quarter 2025 (Q2 2025), +22% from a year earlier and +19% from the quarter before.
Was Nlight profitable in the second quarter 2025?
Operating loss was $4.2M (-6.9% of revenue) and net loss $3.6M.
Source: Nlight 10-Q on SEC EDGAR.