LASR on Nasdaq

nLight
Logo: nlight.net3
American company based in Vancouver, founded in 20001
In its 2026 annual report the company says: “We operate in two reportable segments, consisting of the Laser Products segment and the Advanced Development segment. We design, manufacture, and sell a range of high-power semiconductor lasers and fiber lasers that are typically integrated into laser systems or manufacturing tools built by our customers.”5 Its shares trade on Nasdaq under the symbol LASR.1
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Last updated Oct 21, 2026.
Overview
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- TickerLASR on Nasdaq1
- IndustrySemiconductors & Related Devices1
- HeadquartersVancouver1
- Websitewww.nlight.net
- Incorporated inDE4
- Business address4637 Nw 18Th Avenue, Camas, Wa 986074
- Filer categoryLarge accelerated filer4
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We operate in two reportable segments, consisting of the Laser Products segment and the Advanced Development segment.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Aerospace and Defense brought in 51% of the revenue nLight broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Aerospace and Defense | $91.4M | $109.5M | $175.3M |
| Development | $53.3M | $61.9M | $82.1M |
| Microfabrication | $47.5M | $43.4M | $47.2M |
| Industrial | $71.0M | $45.6M | $38.8M |
Business segments
Laser Products brought in 69% of the revenue nLight broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Laser Products | $156.7M | $136.7M | $179.2M |
| Advanced Development | $53.3M | $61.9M | $82.1M |
Regions
North America brought in 71% of the revenue nLight broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| North America | $129.3M | $132.8M | $185.6M |
| Asia Pacific | $45.8M | $38.1M | $38.4M |
| EMEA | $34.8M | $27.6M | $37.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue64¢$183.4M
- Research and development17¢$48.0M
- Selling, general and admin19¢$54.2M
- Income tax0¢$699.0K
Out of $261.3M in revenue.6 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending42¢$9.0M
- Kept or used elsewhere58¢$12.3M
Out of $21.3M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenue | $261.3M | $198.5M | $209.9M |
| Total cost of revenue | $183.4M | $165.5M | $163.8M |
| Gross profit | $78.0M | $33.0M | $46.1M |
| Research and development | $48.0M | $45.1M | $46.2M |
| Sales, general, and administrative | $54.2M | $49.3M | $45.9M |
| Restructuring | $2.3M | $4.3M | $817.0K |
| Total operating expenses | $104.5M | $98.7M | $92.9M |
| Loss from operations | -$26.6M | -$65.6M | -$46.8M |
| Interest income | $4.9M | $1.8M | $1.4M |
| Interest expense | -$1.1M | -$105.0K | -$67.0K |
| Other (expense) income, net | -$40.0K | $3.1M | $2.8M |
| Loss before income taxes | -$22.8M | -$60.9M | -$42.6M |
| Income tax expense (benefit) | $699.0K | -$76.0K | -$978.0K |
| Net loss | -$23.5M | -$60.8M | -$41.7M |
| Net loss per share, basic (in dollars per share) | -$0.47 | -$1.27 | -$0.90 |
| Net loss per share, diluted (in dollars per share) | -$0.47 | -$1.27 | -$0.90 |
| Shares used in per share calculations, basic (in shares) | 50.0M shares | 47.9M shares | 46.1M shares |
| Shares used in per share calculations, diluted (in shares) | 50.0M shares | 47.9M shares | 46.1M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $98.7M | $65.8M | $53.2M | |
| Marketable securities | $34.9M | $34.9M | ||
| Accounts receivable, net of allowances of $520 and $1,800 | $50.8M | $34.9M | ||
| Inventory | $45.4M | $40.8M | ||
| Prepaid expenses and other current assets | $13.3M | $17.7M | ||
| Total current assets | $243.2M | $194.1M | ||
| Restricted cash | $322.0K | $259.0K | $256.0K | |
| Lease right-of-use assets | $15.0M | $10.8M | ||
| Property, plant and equipment, net | $42.1M | $46.9M | ||
| Intangible assets, net | $0 | $833.0K | ||
| Goodwill | $12.4M | $12.4M | $12.4M | |
| Other assets, net | $2.1M | $4.9M | ||
| Total assets | $315.2M | $270.2M | ||
| Accounts payable | $20.9M | $15.1M | ||
| Accrued liabilities | $19.1M | $13.3M | ||
| Deferred revenues | $1.5M | $3.6M | ||
| Current portion of lease liabilities | $2.8M | $2.3M | ||
| Line of credit | $20.0M | $0 | ||
| Total current liabilities | $64.2M | $34.2M | ||
| Non-current income taxes payable | $5.9M | $5.5M | ||
| Long-term lease liabilities | $13.4M | $9.8M | ||
| Other long-term liabilities | $4.9M | $4.2M | ||
| Total liabilities | $88.5M | $53.8M | ||
| Common stock - $0.0001 par value; 190,000 shares authorized, 51,163 and 48,948 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $16.0K | $16.0K | ||
| Additional paid-in capital | $578.4M | $544.8M | ||
| Accumulated other comprehensive loss | -$3.1M | -$3.3M | ||
| Accumulated deficit | -$348.6M | -$325.1M | ||
| Total stockholders equity | $226.7M | $216.4M | $254.4M | $270.8M |
| Total liabilities and stockholders equity | $315.2M | $270.2M | ||
| Accounts receivable, net of allowances | $520.0K | $1.8M | $315.0K | $290.0K |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 190.0M shares | 190.0M shares | ||
| Common stock, issued (in shares) | 51.2M shares | 48.9M shares | ||
| Common stock, outstanding (in shares) | 51.2M shares | 48.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $98.7M | $65.8M | $53.2M | |
| Marketable securities | $34.9M | $34.9M | ||
| Accounts receivable, net of allowances of $520 and $1,800 | $50.8M | $34.9M | ||
| Inventory | $45.4M | $40.8M | ||
| Prepaid expenses and other current assets | $13.3M | $17.7M | ||
| Total current assets | $243.2M | $194.1M | ||
| Restricted cash | $322.0K | $259.0K | $256.0K | |
| Lease right-of-use assets | $15.0M | $10.8M | ||
| Property, plant and equipment, net | $42.1M | $46.9M | ||
| Intangible assets, net | $0 | $833.0K | ||
| Goodwill | $12.4M | $12.4M | $12.4M | |
| Other assets, net | $2.1M | $4.9M | ||
| Total assets | $315.2M | $270.2M | ||
| Accounts payable | $20.9M | $15.1M | ||
| Accrued liabilities | $19.1M | $13.3M | ||
| Deferred revenues | $1.5M | $3.6M | ||
| Current portion of lease liabilities | $2.8M | $2.3M | ||
| Line of credit | $20.0M | $0 | ||
| Total current liabilities | $64.2M | $34.2M | ||
| Non-current income taxes payable | $5.9M | $5.5M | ||
| Long-term lease liabilities | $13.4M | $9.8M | ||
| Other long-term liabilities | $4.9M | $4.2M | ||
| Total liabilities | $88.5M | $53.8M | ||
| Common stock - $0.0001 par value; 190,000 shares authorized, 51,163 and 48,948 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $16.0K | $16.0K | ||
| Additional paid-in capital | $578.4M | $544.8M | ||
| Accumulated other comprehensive loss | -$3.1M | -$3.3M | ||
| Accumulated deficit | -$348.6M | -$325.1M | ||
| Total stockholders equity | $226.7M | $216.4M | $254.4M | $270.8M |
| Total liabilities and stockholders equity | $315.2M | $270.2M | ||
| Accounts receivable, net of allowances | $520.0K | $1.8M | $315.0K | $290.0K |
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, authorized (in shares) | 190.0M shares | 190.0M shares | ||
| Common stock, issued (in shares) | 51.2M shares | 48.9M shares | ||
| Common stock, outstanding (in shares) | 51.2M shares | 48.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$23.5M | -$60.8M | -$41.7M |
| Depreciation | $12.3M | $13.0M | $12.4M |
| Amortization | $1.9M | $4.6M | $3.6M |
| (Increase) reduction in carrying amount of right-of-use assets | -$4.1M | $1.8M | $1.3M |
| (Recoveries of) provision for losses on accounts receivable | -$1.1M | $1.5M | $27.0K |
| Stock-based compensation | $33.4M | $25.0M | $25.8M |
| Deferred income taxes | $159.0K | -$651.0K | $7.0K |
| Loss on disposal of property, plant and equipment | $160.0K | $194.0K | $542.0K |
| Accrued interest earned on marketable securities | -$500.0K | $0 | $0 |
| Non-cash restructuring charges | $1.4M | $1.2M | $0 |
| Accounts receivable, net | -$14.7M | $2.8M | -$1.7M |
| Inventory | -$4.2M | $11.0M | $14.9M |
| Prepaid expenses and other current assets | $4.4M | -$1.8M | $1.1M |
| Other assets, net | $1.4M | -$1.1M | -$1.2M |
| Accounts payable | $5.9M | $3.2M | -$4.5M |
| Accrued and other long-term liabilities | $6.1M | $706.0K | -$1.3M |
| Deferred revenues | -$2.1M | -$1.2M | $3.4M |
| Lease liabilities | $3.9M | -$2.0M | -$1.4M |
| Non-current income taxes payable | $277.0K | $204.0K | -$1.3M |
| Net cash provided by (used in) operating activities | $21.3M | -$2.4M | $10.1M |
| Proceeds from sale of fixed assets | $542.0K | $0 | $0 |
| Purchases of property, plant and equipment | -$9.0M | -$7.9M | -$5.3M |
| Purchase of marketable securities | -$78.6M | -$88.6M | -$127.9M |
| Proceeds from maturities and sales of marketable securities | $78.3M | $113.3M | $119.1M |
| Net cash (used in) provided by investing activities | -$8.8M | $16.7M | -$14.1M |
| Proceeds from line of credit | $20.0M | $0 | $0 |
| Proceeds from employee stock plan purchases | $2.9M | $2.7M | $2.5M |
| Proceeds from stock option exercises | $281.0K | $500.0K | $640.0K |
| Tax payments related to stock award issuances | -$3.1M | -$4.5M | -$4.0M |
| Net cash provided by (used in) financing activities | $20.1M | -$1.3M | -$859.0K |
| Effect of exchange rate changes on cash | $264.0K | -$406.0K | $256.0K |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $32.9M | $12.6M | -$4.6M |
| Cash paid for interest | $1.1M | $61.0K | $40.0K |
| Operating cash outflows from operating leases | $3.5M | $4.0M | $3.9M |
| Right-of-use assets obtained in exchange for lease liabilities | $6.6M | $1.3M | $1.7M |
| Accrued purchases of property, equipment and patents | $409.0K | $298.0K | $745.0K |
No quarter-by-quarter statement was filed.
Corporate structure
nLight sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of nLight
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on nLight, latest Mar 27, 2026 (9 filings since Feb 10, 2022)
- NEEDHAM INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G/A on nLight, latest Aug 13, 2025 (2 filings since Feb 13, 2025)
- Senvest Management, LLC Filed SCHEDULE 13G/A on nLight, latest Aug 11, 2025 (2 filings since Dec 20, 2024)
- ROYCE & ASSOCIATES LP Filed SCHEDULE 13G/A on nLight, latest Jul 16, 2025 (2 filings since Oct 17, 2024)
- JPMorgan Chase Filed SC 13G/A on nLight, latest Sep 5, 2024 (4 filings since Jan 14, 2022)
- The Bank of New York Mellon Filed SC 13G/A on nLight, latest Jun 10, 2024 (2 filings since Jan 24, 2024)
- BlackRock Filed SC 13G/A on nLight, latest Jan 26, 2024 (3 filings since Feb 3, 2022)
- WASATCH ADVISORS LP Filed SC 13G/A on nLight, latest Feb 10, 2023 (3 filings since Feb 11, 2022)
- nLight Vancouver
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What nLight reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $142.4M6 Dec 31, 2025 | $153.3M6 Dec 31, 2024 | −7.1% |
| Accumulated depreciation | $100.3M6 Dec 31, 2025 | $106.3M6 Dec 31, 2024 | −5.7% |
| Property and equipment, net | $42.1M6 Dec 31, 2025 | $46.9M6 Dec 31, 2024 | −10.3% |
| Operating-lease assets (leased space) | $15.0M6 Dec 31, 2025 | $10.8M6 Dec 31, 2024 | +38.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $98.7M6 Dec 31, 2025 | $65.8M6 Dec 31, 2024 | +49.9% |
| Marketable securities, current | $34.9M6 Dec 31, 2025 | $34.9M6 Dec 31, 2024 | +0.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $12.4M6 Dec 31, 2025 | $12.4M6 Dec 31, 2024 | +0.8% |
| Finite-lived intangibles, gross | $3.0M6 Dec 31, 2025 | $10.2M6 Dec 31, 2024 | −70.9% |
| Accumulated amortization | $3.0M6 Dec 31, 2025 | $9.3M6 Dec 31, 2024 | −68.3% |
| Finite-lived intangibles, net | $06 Dec 31, 2025 | $833.0K6 Dec 31, 2024 | −100.0% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $45.4M6 Dec 31, 2025 | $40.8M6 Dec 31, 2024 | +11.3% |
| Raw materials | $23.1M6 Dec 31, 2025 | $19.2M6 Dec 31, 2024 | +20.3% |
| Work in process | $19.4M6 Dec 31, 2025 | $17.4M6 Dec 31, 2024 | +11.6% |
| Finished goods | $2.9M6 Dec 31, 2025 | $4.2M6 Dec 31, 2024 | −30.9% |
Properties, in its own words
Our principal facilities are owned or leased and include the following:
Location · Lease Expiration · Approximate Size(sq. ft.) · Primary Functions · Segment(s)
The rest of Item 2
Camas, Washington · Owned · 164,600 · Corporate headquarters, manufacturing and distribution, service and repair, product design, research and development, sales, marketing and administration · Laser Products, Advanced Development
Vancouver, Washington · July 31, 2026 -May 31, 2035 · 92,400 · Manufacturing and distribution, product design, research and development, and administration · Laser Products, Advanced Development
Hillsboro, Oregon · January 31, 2033 · 30,200 · Manufacturing and distribution, and product design · Laser Products
Longmont, Colorado · July 31, 2028 - February 28, 2029 · 113,700 · Manufacturing, product design, research and development, and administration · Advanced Development
Lohja, Finland · March 31, 2028 · 31,800 · Manufacturing and distribution, product design, research and development and administration · Laser Products
Shanghai, China · January 31, 2027 · 27,700 · Sales and administration, service and repair, and product design · Laser Products
Item 2 of the 10-K filed Feb 27, 2026.5
Leadership
Who has led nLight, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerScott H. Keeney Apr 25, 2018 to now14
- PresidentScott H. Keeney Apr 25, 2018 to now14
- Chief financial officerJoseph John Corso Mar 3, 2022 to now15
- Chief financial officerRan Bareket Apr 25, 2018 to Mar 2, 202216
Board members and other officers (11)
- Chief Accounting OfficerJames Nias Mar 3, 2022 to now17
- Chief Technical OfficerRobert Martinsen Apr 25, 2018 to Jul 2, 202018
- Board memberGerald M. Haines Ii. Jan 7, 2026 to now19
- Board memberMark D. Hartman Jun 16, 2025 to now20
- Board memberCamille Nichols Nov 6, 2020 to now21
- Board memberBandel L. Carano Apr 25, 2018 to now22
- Board memberDavid D. Osborne Apr 25, 2018 to Nov 20, 201823
- Board memberDouglas C. Carlisle Apr 25, 2018 to now24
- Board memberRaymond A. Link Apr 25, 2018 to now25
- Board memberScott H. Keeney Apr 25, 2018 to now14
- Board memberWilliam Gossman Apr 25, 2018 to now26
Former names
- NLIGHT PHOTONICS CORPFeb 5, 2004 to Jul 30, 20154
Timeline
- Aug 6, 20268-K Results of operations27
- Jun 8, 20268-K Shareholder vote28
- May 7, 20268-K Results of operations29
- Feb 26, 20268-K Results of operations30
- Feb 4, 20268-K Other events31
- Jan 13, 20268-K Results of operations32
- Jan 6, 20268-K Executive or director change33
- Nov 6, 20258-K Results of operations34
- Aug 15, 20258-K Executive or director change35
- Aug 7, 20258-K Results of operations36
- Jun 13, 20258-K Executive or director change37
- Jun 13, 20258-K Shareholder vote38
- Apr 25, 2018New chief executive Scott H. Keeney becomes CEO14
- 2000Founded Founded1
Calendar
Coming up
- Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported ($0.11) a share, on Nov 6, 2025.39
When it reported results
- Aug 6, 2026Reported quarterly or annual results27
- May 7, 2026Reported quarterly or annual results29
- Feb 26, 2026Reported quarterly or annual results30
- Jan 13, 2026Reported quarterly or annual results32
- Nov 6, 2025Reported quarterly or annual results34
- Aug 7, 2025Reported quarterly or annual results36
- May 8, 2025Reported quarterly or annual results40
- Feb 27, 2025Reported quarterly or annual results41
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
471 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 35 major events, 237 insider forms, 27 large holders, 152 other. The latest 20:
- Oct 15, 2026144 EDGAR
- Sep 17, 20264 EDGAR
- Sep 15, 2026144 EDGAR
- Sep 10, 20264 EDGAR
- Sep 9, 2026144 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 8, 20264 EDGAR
- Sep 8, 20264 EDGAR
- Sep 8, 20264 EDGAR
- Sep 4, 2026144 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 1, 20264 EDGAR
- Aug 28, 2026144 EDGAR
- Aug 25, 20264 EDGAR
- Aug 24, 2026144 EDGAR
- Aug 21, 2026144 EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
The 471 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
125 open-market trades by officers, directors and large owners since October 2021: 1 buys and 124 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | MOORE GEOFFREYDirector | Sale | 4,452 | $38.45 | $171.2K | Form 4 |
| Sep 9, 2026 | Keeney Scott HPresident and CEO | Sale | 100,000 | $41.01 | $4.1M | Form 4 |
| Sep 8, 2026 | Keeney Scott HPresident and CEO | Sale | 115,252 | $41.32 | $4.8M | Form 4 |
| Sep 4, 2026 | Corso Joseph JohnChief Financial Officer | Sale | 3,524 | $41.49 | $146.2K | Form 4 |
| Sep 3, 2026 | Corso Joseph JohnChief Financial Officer | Sale | 4,191 | $40.69 | $170.5K | Form 4 |
| Sep 3, 2026 | Keeney Scott HPresident and CEO | Sale | 9,753 | $40.69 | $396.9K | Form 4 |
| Sep 3, 2026 | Nias JamesChief Accounting Officer | Sale | 1,025 | $40.69 | $41.7K | Form 4 |
| Aug 28, 2026 | Gossman WilliamDirector | Sale | 15,000 | $44.36 | $665.4K | Form 4 |
| Aug 24, 2026 | Keeney Scott HPresident and CEO | Sale | 181,750 | $44.15 | $8.0M | Form 4 |
| Aug 21, 2026 | Keeney Scott HPresident and CEO | Sale | 181,750 | $46.88 | $8.5M | Form 4 |
| Jun 4, 2026 | Keeney Scott HPresident and CEO | Sale | 16,089 | $74.60 | $1.2M | Form 4 |
| Jun 4, 2026 | Corso Joseph JohnChief Financial Officer | Sale | 3,817 | $72.90 | $278.3K | Form 4 |
| Jun 3, 2026 | Keeney Scott HPresident and CEO | Sale | 8,901 | $77.99 | $694.2K | Form 4 |
| Jun 3, 2026 | Nias JamesChief Accounting Officer | Sale | 940 | $77.99 | $73.3K | Form 4 |
| Jun 3, 2026 | Corso Joseph JohnChief Financial Officer | Sale | 3,840 | $77.99 | $299.5K | Form 4 |
| May 29, 2026 | Keeney Scott HPresident and CEO | Sale | 41,371 | $73.36 | $3.0M | Form 4 |
| May 28, 2026 | Keeney Scott HPresident and CEO | Sale | 41,373 | $78.64 | $3.3M | Form 4 |
| May 21, 2026 | Keeney Scott HPresident and CEO | Sale | 41,373 | $75.19 | $3.1M | Form 4 |
| May 20, 2026 | Corso Joseph JohnChief Financial Officer | Sale | 35,476 | $70.40 | $2.5M | Form 4 |
| May 20, 2026 | Nias JamesChief Accounting Officer | Sale | 415 | $71.09 | $29.5K | Form 4 |
All 125 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSCHEDULE 13G/A, 9 filings Feb 10, 2022 to Mar 27, 202642
- NEEDHAM INVESTMENT MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Feb 13, 2025 to Aug 13, 202543
- Senvest Management, LLCSCHEDULE 13G/A, 2 filings Dec 20, 2024 to Aug 11, 202544
- ROYCE & ASSOCIATES LPSCHEDULE 13G/A, 2 filings Oct 17, 2024 to Jul 16, 202545
- JPMorgan ChaseSC 13G/A, 4 filings Jan 14, 2022 to Sep 5, 202446
- The Bank of New York MellonSC 13G/A, 2 filings Jan 24, 2024 to Jun 10, 202447
- BlackRockSC 13G/A, 3 filings Feb 3, 2022 to Jan 26, 202448
- WASATCH ADVISORS LPSC 13G/A, 3 filings Feb 11, 2022 to Feb 10, 202349
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Scott Keeney | 61 | $476.8K | $37.3M50 |
| 2025 | Joseph Corso | 45 | $326.5K | $5.1M50 |
| 2024 | President and Chief Executive Officer | $454.1K | $5.1M50 | |
| 2024 | Chief Financial Officer | $311.0K | $1.9M50 | |
| 2023 | President and Chief Executive Officer | $438.0K | $4.0M50 | |
| 2023 | Chief Financial Officer | $300.0K | $1.5M50 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 4,879,159 | $339.7M | 0.0% | +559,849 |
| Vanguard Capital Management LLC | 2,398,757 | $167.0M | 0.0% | +73,327 |
| Vanguard Portfolio Management LLC | 2,197,052 | $153.0M | 0.0% | −270,518 |
| Needham Investment Management LLC | 1,992,740 | $138.7M | 4.2% | +70,000 |
| Driehaus Capital Management LLC | 1,986,119 | $138.3M | 0.8% | +213,422 |
| Invesco Ltd. | 1,641,651 | $114.3M | 0.0% | +439,112 |
| Geode Capital Management, LLC | 1,634,809 | $113.8M | 0.0% | +193,763 |
| Neuberger Berman Group LLC | 1,466,211 | $101.7M | 0.1% | +515,461 |
| State Street Corp | 1,278,751 | $89.0M | 0.0% | +192,291 |
| Fmr LLC | 1,062,847 | $74.0M | 0.0% | −38,939 |
| Jpmorgan Chase & Co | 1,027,352 | $67.0M | 0.0% | +830,454 |
| AWM Investment Company, Inc. | 939,011 | $65.4M | 5.7% | −84,728 |
| Van Eck Associates Corp | 929,609 | $64.7M | 0.0% | −118,716 |
| Gilder Gagnon Howe & Co LLC | 840,995 | $58.6M | 0.6% | +54,710 |
| Hood River Capital Management LLC | 836,229 | $58.2M | 0.4% | −86,750 |
| Goldman Sachs Group Inc | 783,559 | $54.6M | 0.0% | +290,679 |
| Dimensional Fund Advisors LP | 777,085 | $54.1M | 0.0% | +56,496 |
| Nuveen, LLC | 751,064 | $52.3M | 0.0% | +205,192 |
| Alliancebernstein L.P. | 913,895 | $52.1M | 0.0% | −192,253 |
| Emerald Advisers, LLC | 736,848 | $51.3M | 1.2% | −9,826 |
| Pinnacle Associates Ltd | 712,536 | $49.6M | 0.5% | −35,763 |
| Arrowstreet Capital, Limited Partnership | 689,858 | $48.0M | 0.0% | +104,471 |
| Artisan Partners Limited Partnership | 607,690 | $42.3M | 0.1% | −470,096 |
| Northern Trust Corp | 597,770 | $41.6M | 0.0% | +79,356 |
| Raymond James Financial Inc | 554,978 | $38.6M | 0.0% | +235,772 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How nLight is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNLIGHT, INC.2
- CIK0001124796
- Employer ID (EIN)91-20663765
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 312
- Industry code (SIC)3674 Semiconductors & Related Devices2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business address4637 Nw 18Th Avenue, Camas, WA 986072
- Phone360-566-44602
- Shares outstanding57,690,197 as of Aug 5, 202612
- Public float$953.5M as of Jun 30, 20255
- AuditorKPMG LLP, Portland, Oregon PCAOB ID 185; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceFeb 5, 20042
- Filings779 in all: 4 (395), 144 (123), 8-K (66), SC 13G/A (30), 10-Q (26), 3 (19), SC 13G (13), DEFA14A (9)2
All 36 form types
10-K (8), DEF 14A (8), CORRESP (7), S-8 (7), SD (7), UPLOAD (7), SCHEDULE 13G/A (6), D (5), D/A (5), 424B5 (4), ARS (4), REGDEX (3), 4/A (2), 424B4 (2), DRS (2), DRS/A (2), DRSLTR (2), EFFECT (2), REGDEX/A (2), S-1 (2), S-1/A (2), S-3ASR (2), SCHEDULE 13G (2), 8-A12B (1), 8-K/A (1), CERT (1), FWP (1), S-1MEF (1)
- Latest filingsAnnual report (10-K) Feb 27, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Apr 24, 2026
Latest 8-K (8-K) Aug 6, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value$0.0001 per share | LASR | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Feb 27, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks nLight names in Item 1A of its 10-K filed Feb 27, 2026: 36 risks under these headings, as written.5
- Risks Related to Our Industry and the Markets We Serve
- The markets for our products are highly competitive. If we fail to compete successfully, our business, financial condition, results of operations and growth prospects will be materially adversely affected.
- Changes in the markets we serve could materially adversely affect our revenues and profitability.
- We participate in markets that are subject to rapid technological change and require significant research and development expenses to develop and maintain products that can achieve market acceptance.
- Products in the laser industry are experiencing declining average selling prices, and our future success depends in part on our ability to increase our volumes and decrease our costs to offset potential declines in the average selling prices of our products.
- Risks Related to Our Business and Operations
- We have a history of losses and we may not be able to achieve or maintain profitability in the future.
- We rely on a small number of customers for a significant portion of our revenues, and if we lose any of these customers or they significantly curtail their purchases of our products, our results of operations could be materially adversely affected.
- Our business prospects depend significantly on our ability to secure new U.S. government awards and design wins, the timing and availability of government funding and our ability to successfully execute and deliver on our government contracts..
- We have classified contracts with the U.S. government, which limits investor insight into portions of our business.
- We have high levels of fixed costs and inventory levels that may materially adversely affect our gross profits and results of operations if demand for our products declines or we maintain excess inventory levels.
- We rely on third parties to manufacture certain of our products and product components, which could expose us to a number of risks that could negatively impact our results of operations.
The other 26 risks
- Our manufacturing capacity and operations may not be appropriate for future levels of demand and may materially adversely affect our gross margins.
- If we are unable to develop new products, applications and end-markets and increase our market share in existing applications, our business, financial condition, results of operations and growth prospects may be materially adversely affected.
- If we fail to effectively manage our growth or, alternatively, our spending during downturns, our business could be disrupted, which could materially adversely affect our results of operations.
- The long sales cycles for our products may cause us to incur significant expenses without offsetting revenues.
- Because we generally do not enter into long-term purchase commitments with our customers, our product revenues can be difficult to predict, which could lead to excess or obsolete inventory and materially adversely affect our results of operations.
- We depend on internal production and outside single- or limited-source suppliers for many of our key components and raw materials.
- Products that do not meet specifications or that contain defects could damage our reputation, decrease market acceptance of our products, cause us to lose customers and revenues, and result in liability to us.
- A breach of our information technology and security systems could materially adversely affect our business.
- Our results of operations can be adversely affected by labor shortages, turnover, labor cost increases and our ability to recruit and retain qualified personnel.
- Fluctuations in our quarterly results of operations may be difficult to predict.
- We use estimates when accounting for certain fixed price contracts and any changes in such estimates could have an adverse effect on our earnings and overall financial performance.
- Our inability to manage risks associated with our international customers, operations and supply chain could materially adversely affect our business.
- We are exposed to foreign currency risk, which may materially adversely affect our revenues, cost of revenues and operating margins and could result in exchange losses.
- Risks Related to Litigation, Taxation and Regulatory Compliance
- We are subject to governmental export and import controls that could subject us to liability, impair our ability to compete and otherwise adversely affect our business, financial condition, results of operations and growth prospects.
- We are subject to anti-corruption and anti-bribery laws and anti-money laundering laws and similar laws, and non-compliance with such laws can subject us to criminal penalties or significant fines and harm our business and reputation.
- We could be subject to additional income tax liabilities.
- Changes in tax laws could have a material adverse effect on our business, cash flow, results of operations or financial conditions.
- We are subject to various environmental laws and regulations that could impose substantial costs upon us and may materially adversely affect our business, financial condition, results of operations and growth prospects.
- Privacy and data security concerns, and data collection and transfer restrictions and related domestic or foreign regulations may limit the use and adoption of our solutions and adversely affect our business.
- We may become involved in claims, lawsuits, government investigations, other legal or regulatory proceedings, or commercial or contractual disputes, any of which could harm our business, financial condition, results of operations and growth prospects.
- If we are unable to protect our proprietary technology and intellectual property rights, our competitive position could be harmed and our results of operations could be materially adversely affected.
- Intellectual property claims could result in costly litigation and harm our business.
- Our ability to use our net operating loss carryforwards and research and development credit carryforwards to offset future taxable income and income taxes may be limited.
- Risks Related to Ownership of Our Common Stock
- The market price of our common stock may be volatile, and the value of your investment could decline significantly.
- Delaware and Washington law and provisions in our charter documents could make a merger, tender offer or proxy contest difficult, thereby depressing the trading price of our common stock.
- The exclusive forum provisions of our bylaws could limit our stockholders’ ability to choose the judicial forum for disputes with us or our directors, officers, stockholders or employees.
Legal proceedings
For a description of our material pending legal proceedings, see Note 12, Commitments and Contingencies, of Notes to our Consolidated Financial Statements included elsewhere in this report.
The opening of Item 3, Legal Proceedings.5
Links
- Websitewww.nlight.net1
- WikidataQ6954695
- SEC EDGARCIK 1124796
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidatanLight on Wikidata
- 2SEC EDGARnLight filings on SEC EDGAR
- 3Company websitenLight logo
- 4SEC EDGARnLight filings on SEC EDGAR
- 5
- 6SEC EDGARnLight 10-K for fiscal 2025
- 7SEC EDGARnLight 10-K for fiscal 2019
- 8SEC EDGARnLight 10-K for fiscal 2020
- 9SEC EDGARnLight 10-K for fiscal 2021
- 10SEC EDGARnLight 10-K for fiscal 2022
- 11SEC EDGARnLight 10-Q for fiscal 2026
- 12SEC EDGARnLight 10-Q for fiscal 2026
- 13SEC EDGARnLight 10-K for fiscal 2019
- 14
- 15
- 16SEC EDGARRan Bareket, Chief financial officer
- 17SEC EDGARJames Nias, Chief Accounting Officer
- 18
- 19SEC EDGARGerald M. Haines Ii., Board member
- 20SEC EDGARMark D. Hartman, Board member
- 21SEC EDGARCamille Nichols, Board member
- 22SEC EDGARBandel L. Carano, Board member
- 23SEC EDGARDavid D. Osborne, Board member
- 24SEC EDGARDouglas C. Carlisle, Board member
- 25SEC EDGARRaymond A. Link, Board member
- 26SEC EDGARWilliam Gossman, Board member
- 27SEC EDGARResults of operations
- 28SEC EDGARShareholder vote
- 29SEC EDGARResults of operations
- 30SEC EDGARResults of operations
- 31SEC EDGAROther events
- 32SEC EDGARResults of operations
- 33SEC EDGARExecutive or director change
- 34SEC EDGARResults of operations
- 35SEC EDGARExecutive or director change
- 36SEC EDGARResults of operations
- 37SEC EDGARExecutive or director change
- 38SEC EDGARShareholder vote
- 39NasdaqNasdaq calendar
- 40
- 41
- 42
- 43
- 44
- 45
- 46SEC EDGARJPMorgan Chase SC 13G/A on nLight
- 47
- 48SEC EDGARBlackRock SC 13G/A on nLight
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