nLIGHT Q2 Revenue Jumps 34% to Record $82.6M, Beats Estimates; Q3 Guidance Light on Supply Chain Snags
LASR has more than doubled off its 52-week low of $19.45.
Summary
Record Q2 revenue of $82.6M (+34% YoY) beat estimates, but Q3 guidance fell well short of Q2 levels because supply chain delays are shifting ~$17M in product sales to future quarters.
Updates
· SEC 10-Q — The 10-Q shows cash and equivalents of $295.8M as of June 30, 2026, up from $98.7M at year-end, after a February public offering raised $191.3M net.
Key Events · Earnings and Guidance · LASR
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Q2 Revenue Beat
Revenue of $82.6M grew 34% YoY, exceeding the $78.58M consensus. Products revenue surged 45% to a record $59.4M.
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Profitability Improves
Adjusted EBITDA reached $10.7M, up from $5.6M a year ago. Non-GAAP net income was $9.6M, or $0.17 per diluted share.
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Q3 Guidance Misses on Supply Chain
Q3 revenue guidance of $63M–$73M implies a sequential decline of ~18% at the midpoint. Supply chain issues are delaying ~$17M in product revenue to future quarters.
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Adjusted EBITDA Outlook
Q3 Adjusted EBITDA is expected to be $1M–$7M, down from Q2's $10.7M, reflecting the revenue shortfall and lower gross margin guidance of 24%–30%.
Analysis · LASR · Manufacturing
A standout second quarter saw revenue climb 34% year-over-year to $82.6 million, topping the $78.6 million consensus, while Adjusted EBITDA of $10.7 million also exceeded expectations. The third-quarter outlook, however, disappointed: guidance of $63–$73 million implies a sequential drop of roughly 18% at the midpoint, as supply chain disruptions push about $17 million in product shipments into later periods. Investors must now balance robust demand and improving profitability against this near-term execution stumble. Adding a note of caution, heavy insider selling in recent months has already drawn attention.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1070 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, LASR was trading at $63.94 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $19.45 to $86.95. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.