Filing Flows › Nlight (LASR) › Q2 2026 › vs Q1 2026
Nlight (LASR) Q2 2026 vs Q1 2026 (quarter over quarter)
Nlight's revenue rose $2.4M (+3%) from $80.2M in Q1 2026 to $82.6M in Q2 2026. The biggest changes: Aerospace and Defense +$2.2M (+4%); Microfabrication +$222K (+2%); Industrial +$17K (+0.1%).
Nlight, Q2 2026: revenue $82.6M (+34% year over year), operating margin -4.3%, net loss $1.3M, operating cash flow $20.7M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 19.2% | 9.4% | +9.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Aerospace and Defense | $57.3M | $55.1M | $2.2M | +4% |
| Microfabrication | $13.3M | $13.0M | $222K | +2% |
| Industrial | $12.0M | $12.0M | $17K | +0.1% |
| Revenue | $82.6M | $80.2M | $2.4M | +3% |
| Other income, net | $2.3M | $1.4M | $886K | +63% |
| Net loss | $1.3M | −$645K | $2.0M | — |
| Costs & expenses | $86.2M | $81.6M | $4.6M | +6% |
| Operating costs | $86.2M | $80.9M | $5.3M | +6% |
| Income tax | $75K | $53K | $22K | +42% |
| Cost of revenue | $56.9M | $53.7M | $3.2M | +6% |
| Research & development | $13.1M | $11.8M | $1.3M | +11% |
| SG&A | $16.2M | $15.1M | $1.1M | +7% |
| Operating cash sources | $22.1M | $9.0M | $13.0M | +144% |
| Depreciation | $3.2M | $3.2M | $6K | +0.2% |
| Share-based compensation | $11.0M | $10.9M | $77K | +0.7% |
| Working capital & other | $7.9M | −$5.0M | $13.0M | — |
| Net loss absorbed | $1.3M | −$645K | $2.0M | — |
| Operating cash flow | $20.7M | $9.7M | $11.1M | +114% |
| Free cash flow (OCF − capex) | $15.9M | $7.6M | $8.3M | +110% |
| Capital expenditures | $4.8M | $2.1M | $2.7M | +130% |
Questions
How much did Nlight's revenue grow quarter over quarter in Q2 2026?
Nlight's revenue rose $2.4M (+3%) from $80.2M in Q1 2026 to $82.6M in Q2 2026.
What drove Nlight's revenue change in Q2 2026?
Aerospace and Defense +$2.2M (+4%); Microfabrication +$222K (+2%); Industrial +$17K (+0.1%).