Filing Flows › Nlight (LASR) › Q2 2026
Nlight (LASR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Nlight (LASR) reported revenue of $82.6M for the second quarter 2026 (Q2 2026), +34% from a year earlier and +3% from the quarter before. Operating margin was -4.3%, net loss $1.3M (1.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $82.6M | +3% | +34% |
| Operating profit | −$3.6M | — | — |
| Net earnings | −$1.3M | -308% | — |
| Operating cash flow | $20.7M | +114% | — |
| Free cash flow | $15.9M | +110% | — |
What changed
Revenue was $82.6M in Q2 2026, up 34% year over year and up 3% from the previous quarter. Aerospace and Defense was the largest line at 69% of revenue. Aerospace and Defense added $16.6M year over year (up 41%), 80% of the total change.
Gross margin was 31.1%, up 1.3 points from Q2 2025. Operating costs exceeded revenue by $3.6M, an operating margin of -4.3%. Operating expenses grew 29% against revenue growth of 34%. The fastest-growing cost line was SG&A (+38%). The quarter ended with a net loss of $1.3M, after a profit of $645K the previous quarter. Non-operating items added $2.3M, -182% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $20.7M. Non-cash charges added back $3.2M of depreciation and $11.0M of share-based compensation. Working capital and other items added $7.9M. Capital expenditures of $4.8M left free cash flow of $15.9M.
Questions
What was Nlight's revenue in the second quarter 2026?
Nlight (LASR) reported revenue of $82.6M for the second quarter 2026 (Q2 2026), +34% from a year earlier and +3% from the quarter before.
Was Nlight profitable in the second quarter 2026?
Operating loss was $3.6M (-4.3% of revenue) and net loss $1.3M.
Source: Nlight 10-Q on SEC EDGAR.