Filing Flows › Lensar (LNSR) › Q1 2026
Lensar (LNSR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Lensar (LNSR) reported revenue of $13.4M for the first quarter 2026 (Q1 2026), -5% from a year earlier and -16% from the quarter before. Operating margin was 16.7%, net earnings $36.3M (270.6% of revenue).
Lensar, Q1 2026: revenue $13.4M (-5% year over year), operating margin 16.7%, net earnings $36.3M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.4M | -16% | -5% |
| Operating profit | $2.2M | — | — |
| Net earnings | $36.3M | — | — |
| Operating cash flow | −$4.3M | -791% | — |
What changed
Revenue was $13.4M in Q1 2026, down 5% year over year and down 16% from the previous quarter. Product was the largest line at 75% of revenue. Product lost $842K year over year (down 8%), 115% of the total change.
Operating profit was $2.2M, a 16.7% margin (up 57.6 points year over year). Total costs fell 44% while revenue fell 5%. Net earnings were $36.3M. The effective tax rate was 0.0%. Non-operating items added $34.1M, 94% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.3M. Non-cash charges added back $1.1M of depreciation and amortization and $690K of share-based compensation. Working capital and other items used $42.4M.
Questions
What was Lensar's revenue in the first quarter 2026?
Lensar (LNSR) reported revenue of $13.4M for the first quarter 2026 (Q1 2026), -5% from a year earlier and -16% from the quarter before.
Was Lensar profitable in the first quarter 2026?
Operating profit was $2.2M (16.7% of revenue) and net earnings $36.3M.
Source: Lensar 10-Q on SEC EDGAR.