nLIGHT — Third Quarter 2026 Earnings Summary

nLIGHT, Inc. reported third-quarter 2026 revenues of $73.8 million, representing a 10.5% increase from the same period in 2025, driven by strong demand in defense and advanced manufacturing sectors. The company achieved a record product gross margin of 47.4% and reported an Adjusted EBITDA of $11.1 million, a 55.4% year-over-year increase. Despite a GAAP net loss of $7.2 million, non-GAAP net income reached $10.2 million, reflecting significant stock-based compensation and restructuring charges. Looking ahead, nLIGHT forecasts fourth-quarter revenues between $84 million and $90 million, though supply chain constraints have delayed approximately $15 million in product shipments to the first half of 2027.