Earnings Releases·Nov 10, 2026, 4:10 PM ET

LightPath Technologies — Fiscal 2027 Q1 Earnings Summary

Revenue rose 37.9% year-over-year to $20.8 million, while gross margin expanded significantly to 41.4% from 29.8% in the prior year period.
Net loss narrowed to $1.7 million ($0.02 per share) from $2.9 million ($0.07 per share), and Adjusted EBITDA increased 252.1% to $1.3 million, marking the fifth consecutive quarter of positive Adjusted EBITDA.
Order backlog reached a record $132.9 million, up 54% year-over-year, with over $30 million in new C-UAS follow-on orders secured between July and October 2026.
Management is converting the record backlog into revenue by investing in inventory and manufacturing capacity, including glass fabrication, while completing the divestiture of its China subsidiary.
The company secured a Department of War prototype agreement for BlackDiamond™ chalcogenide glass and appointed new leadership to G5 Infrared LLC and Engineering.