Financial Snapshot

Revenue
$197.6M
TTM
Gross Margin
19.7%
TTM
Net Earnings
-$50.61M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
610.03%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$239.5M
Q2 2024
Cash
Q2 2024
P/E
-10.36
Sep 13, 2024 EST
Free Cash Flow
$13.29M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $209.9M $242.1M $270.1M $222.8M $176.6M $191.4M $138.6M $101.3M
YoY Change -13.28% -10.4% 21.26% 26.14% -7.7% 38.09% 36.77%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $45.90M $48.26M $52.71M $39.25M $34.11M $28.84M $19.35M $17.27M
YoY Change -4.89% -8.45% 34.3% 15.06% 18.26% 49.04% 12.09%
% of Gross Profit 99.54% 94.96% 68.18% 66.11% 65.17% 43.08% 43.71% 74.53%
Research & Development $46.16M $53.77M $54.81M $41.16M $28.14M $21.05M $15.12M $15.24M
YoY Change -14.15% -1.9% 33.16% 46.3% 33.64% 39.22% -0.76%
% of Gross Profit 100.11% 105.81% 70.9% 69.34% 53.76% 31.44% 34.16% 65.78%
Depreciation & Amortization $12.40M $11.09M $9.179M $7.710M $6.583M $8.288M $7.922M $8.099M
YoY Change 11.87% 20.76% 19.05% 17.12% -20.57% 4.62% -2.19%
% of Gross Profit 26.89% 21.81% 11.87% 12.99% 12.58% 12.38% 17.89% 34.96%
Operating Expenses $92.88M $105.9M $107.5M $80.41M $62.25M $49.90M $34.48M $32.50M
YoY Change -12.31% -1.49% 33.72% 29.18% 24.75% 44.73% 6.07%
Operating Profit -$46.77M -$55.10M -$30.22M -$21.05M -$9.909M $17.06M $9.798M -$9.338M
YoY Change -15.13% 82.35% 43.56% 112.41% -158.07% 74.15% -204.93%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $1.342M $529.0K -$163.0K $78.00K $2.609M $728.0K -$1.269M -$2.229M
YoY Change 153.69% -424.54% -308.97% -97.01% 258.38% -157.37% -43.07%
% of Operating Profit 4.27% -12.95%
Other Income/Expense, Net $2.776M $338.0K $336.0K $378.0K $535.0K -$253.0K -$1.834M -$753.0K
YoY Change 721.3% 0.6% -11.11% -29.35% -311.46% -86.21% 143.56%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$42.65M -$54.24M -$30.04M -$20.59M -$6.765M $17.54M $6.695M -$12.32M
YoY Change -21.36% 80.52% 45.9% 204.39% -138.57% 161.96% -154.34%
Income Tax -$978.0K $344.0K -$375.0K $340.0K $6.119M $3.600M $4.858M $1.882M
% Of Pretax Income 20.53% 72.56%
Net Earnings -$41.67M -$54.58M -$29.67M -$20.93M -$12.88M $13.94M $1.837M -$14.20M
YoY Change -23.65% 83.96% 41.74% 62.47% -192.44% 658.74% -112.93%
Net Earnings / Revenue -19.85% -22.55% -10.98% -9.4% -7.29% 7.28% 1.33% -14.02%
Basic Earnings Per Share -$0.90 -$1.23 -$0.70 -$0.55 -$0.35 $0.38 $0.00 -$5.68
Diluted Earnings Per Share -$0.90 -$1.23 -$0.70 -$0.55 -$0.35 $0.32 $0.00 -$5.68

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $112.9M $108.2M $146.5M $102.3M $117.3M $149.5M $36.70M $13.50M
YoY Change 4.31% -26.15% 43.24% -12.79% -21.54% 307.36% 171.85%
Cash & Equivalents $53.21M $57.83M $146.5M $102.3M $117.3M $149.5M $36.70M $13.50M
Short-Term Investments $59.67M $50.39M
Other Short-Term Assets $8.629M $6.649M $5.693M $5.800M $5.100M $5.800M $3.700M $3.100M
YoY Change 29.78% 16.79% -1.84% 13.73% -12.07% 56.76% 19.35%
Inventory $52.16M $67.60M $73.75M $54.70M $46.10M $35.30M $29.60M $18.80M
Prepaid Expenses
Receivables $46.88M $48.29M $51.23M $37.50M $29.60M $26.50M $13.40M $9.700M
Other Receivables $0.00 $0.00 $0.00 $300.0K $400.0K $1.500M $1.200M $1.000M
Total Short-Term Assets $220.6M $230.8M $277.2M $200.6M $198.6M $218.6M $84.60M $46.10M
YoY Change -4.42% -16.76% 38.19% 1.01% -9.15% 158.39% 83.51%
Property, Plant & Equipment $64.92M $74.59M $74.60M $59.40M $29.60M $23.40M $20.20M $20.30M
YoY Change -12.96% -0.02% 25.59% 100.68% 26.5% 15.84% -0.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.282M $7.474M $2.694M $2.900M $1.900M $4.000M $2.200M $1.800M
YoY Change -2.57% 177.43% -7.1% 52.63% -52.5% 81.82% 22.22%
Total Long-Term Assets $86.25M $98.48M $96.41M $83.00M $51.40M $31.50M $25.50M $25.00M
YoY Change -12.42% 2.14% 16.16% 61.48% 63.17% 23.53% 2.0%
Total Assets $306.8M $329.2M $373.6M $283.6M $250.0M $250.1M $110.1M $71.10M
YoY Change
Accounts Payable $12.17M $17.51M $26.35M $21.10M $12.70M $12.10M $12.90M $9.400M
YoY Change -30.51% -33.55% 24.87% 66.14% 4.96% -6.2% 37.23%
Accrued Expenses $15.74M $15.58M $17.80M $17.20M $11.50M $10.50M $11.70M $8.300M
YoY Change 1.02% -12.46% 3.47% 49.57% 9.52% -10.26% 40.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $200.0K $100.0K $100.0K $2.400M $1.300M
YoY Change -100.0% 100.0% 0.0% -95.83% 84.62%
Total Short-Term Liabilities $32.75M $34.49M $45.77M $41.40M $25.00M $23.60M $28.90M $19.20M
YoY Change -5.04% -24.64% 10.56% 65.6% 5.93% -18.34% 50.52%
Long-Term Debt $0.00 $0.00 $0.00 $200.0K $0.00 $0.00 $15.10M $18.40M
YoY Change -100.0% -100.0% -17.93%
Other Long-Term Liabilities $19.63M $23.90M $25.71M $22.20M $8.300M $8.700M $4.900M $3.800M
YoY Change -17.84% -7.07% 15.82% 167.47% -4.6% 77.55% 28.95%
Total Long-Term Liabilities $19.63M $23.90M $25.71M $22.40M $8.300M $8.700M $20.00M $22.20M
YoY Change -17.84% -7.07% 14.79% 169.88% -4.6% -56.5% -9.91%
Total Liabilities $52.38M $58.39M $71.49M $63.70M $33.40M $32.30M $48.90M $41.40M
YoY Change -10.28% -18.32% 12.22% 90.72% 3.41% -33.95% 18.12%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $524.57 Million

About nLIGHT Inc

nLIGHT, Inc. develops and manufactures semiconductor and fiber lasers components. The company is headquartered in Camas, Washington and currently employs 930 full-time employees. The company went IPO on 2018-04-26. The firm operates through two segments: Laser Products, and Advanced Development. The company designs, manufactures, and sells a range of high-power semiconductor lasers and fiber lasers that are integrated into laser systems or manufacturing tools built by its customers. Its products include Semiconductor Lasers, Fiber Lasers, Laser Sensing Products, and Directed Energy Products. The Semiconductor Lasers is a high-power semiconductor laser with a range of power levels, wavelengths, and output fiber sizes. The Fiber Lasers is a programmable and serviceable high-power fiber laser. The Laser Sensing Products includes light detection and ranging (LiDAR) technologies, that are critical enablers of laser-based systems. The Directed Energy Products include standalone fiber amplifiers and beam combination and control systems for use in high-energy laser systems.

Industry: Semiconductors & Related Devices Peers: 908 Devices Inc. Aeva Technologies Inc Arlo Technologies Inc FARO Technologies Inc SmartRent Inc Focus Universal Inc Keysight Technologies Inc MicroVision Inc PAR Technology Corp Vishay Precision Group Inc