Filing Flows › Lensar (LNSR) › Q4 2025
Lensar (LNSR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Lensar (LNSR) reported revenue of $16.0M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +12% from the quarter before. Operating margin was -30.7%, net loss $1.5M (9.1% of revenue).
Lensar, Q4 2025: revenue $16.0M (-4% year over year), operating margin -30.7%, net loss $1.5M, operating cash flow $618K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.0M | +12% | -4% |
| Operating profit | −$4.9M | — | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | $618K | — | -83% |
What changed
Revenue was $16.0M in Q4 2025, down 4% year over year and up 12% from the previous quarter. Product was the largest line at 79% of revenue.
Operating costs exceeded revenue by $4.9M, an operating margin of -30.7%. Total costs grew 16% against a revenue fall of 4%. The fastest-growing cost line was SG&A (+51%). The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $3.7M loss. Non-operating items added $3.5M, -237% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $618K (down 83% year over year). Non-cash charges added back $1.2M of depreciation and amortization and $873K of share-based compensation.
Questions
What was Lensar's revenue in the fourth quarter 2025?
Lensar (LNSR) reported revenue of $16.0M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +12% from the quarter before.
Was Lensar profitable in the fourth quarter 2025?
Operating loss was $4.9M (-30.7% of revenue) and net loss $1.5M.
Source: Lensar 10-K on SEC EDGAR.