Filing Flows › Nlight (LASR) › Q3 2026
Nlight (LASR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Nlight (LASR) reported revenue of $73.8M for the third quarter 2026 (Q3 2026), +11% from a year earlier and -11% from the quarter before. Operating margin was -12.5%, net loss $7.2M (9.7% of revenue).
Nlight, Q3 2026: revenue $73.8M (+10% year over year), operating margin -12.5%, net loss $7.2M, operating cash flow −$13.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.8M | -11% | +11% |
| Operating profit | −$9.2M | — | — |
| Net earnings | −$7.2M | — | — |
| Operating cash flow | −$13.1M | -163% | -352% |
What changed
Revenue was $73.8M in Q3 2026, up 11% year over year and down 11% from the previous quarter. Products was the largest line at 65% of revenue. Development added $6.6M year over year (up 34%), 94% of the total change.
Gross margin was 33.1%, up 2.0 points from Q3 2025. Operating costs exceeded revenue by $9.2M, an operating margin of -12.5%. Operating expenses grew 20% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+331%). The quarter ended with a net loss of $7.2M, wider than the previous quarter's $1.3M loss. Non-operating items added $2.4M, -34% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$13.1M. Non-cash charges added back $2.9M of depreciation and $9.9M of share-based compensation. Working capital and other items used $18.7M. Capital expenditures of $4.4M exceeded it, leaving free cash flow of −$17.6M.
Questions
What was Nlight's revenue in the third quarter 2026?
Nlight (LASR) reported revenue of $73.8M for the third quarter 2026 (Q3 2026), +11% from a year earlier and -11% from the quarter before.
Was Nlight profitable in the third quarter 2026?
Operating loss was $9.2M (-12.5% of revenue) and net loss $7.2M.
Source: Nlight 10-Q on SEC EDGAR.