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How Lightpath Technologies (LPTH) makes money

Lightpath Technologies (LPTH) made $21.2M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Assemblies and Modules brought in $10.4M (49%); Infrared Components brought in $5.8M (27%); Visible Components brought in $4.2M (20%).

Drawing the Sankey…

Lightpath Technologies revenue by segment, Q4 FY26Lightpath Technologies revenue by segment, Q4 FY26Assemblies and Modules$10.4MInfrared Components$5.8MVisible Components$4.2MEngineering Services$777K
Lightpath Technologies: revenue by line, Q2 FY25 to Q4 FY26Lightpath Technologies: revenue by line, Q2 FY25 to Q4 FY26Assemblies and ModulesInfrared ComponentsVisible ComponentsEngineering ServicesAssemblies and Modules: $10.4M latest$10.4MInfrared Components: $5.8M latest$5.8MVisible Components: $4.2M latest$4.2MEngineering Services: $777K latestQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Assemblies and Modules went from 12% of revenue in Q2 FY25 to 49% in Q4 FY26, the largest shift in the mix.
Lightpath Technologies revenue by quarterLightpath Technologies revenue by quarter$7.4MQ2 FY25$9.2MQ3 FY25$12.2MQ4 FY25$15.1MQ1 FY26$16.4MQ2 FY26$19.1MQ3 FY26$21.2MQ4 FY26
Lightpath Technologies: where each dollar of revenue goesLightpath Technologies: where each dollar of revenue goesIncome tax1¢

Revenue by segment, Q4 FY26

SegmentRevenueShareQ/QY/Y
Assemblies and Modules$10.4M49.0%+23%—
Infrared Components$5.8M27.3%-6%—
Visible Components$4.2M20.0%+7%—
Engineering Services$777K3.7%+30%—

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$21.2M100.0%
Income tax$111K0.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q4 FY26$21.2M+73%
Q3 FY26$19.1M+109%
Q2 FY26$16.4M+120%
Q1 FY26$15.1M+79%
Q4 FY25$12.2M+41%
Q3 FY25$9.2M+19%
Q2 FY25$7.4M+2%

From Lightpath Technologies' 10-K filed Sep 11, 2026 (on EDGAR).

Questions

How does Lightpath Technologies make money?

Lightpath Technologies (LPTH) made $21.2M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Assemblies and Modules brought in $10.4M (49%); Infrared Components brought in $5.8M (27%); Visible Components brought in $4.2M (20%).

What is Lightpath Technologies' biggest business?

Assemblies and Modules: $10.4M in the fourth quarter fiscal 2026, 49% of revenue.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.