Stocktoria

NLIGHT, INC. LASR

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 2018-04-26

NLIGHT, INC. statistics & valuation

Market cap$3.5B
P / S13.2×
P / B15.3×
P / FCF281.5×
Net margin-9.0%
Return on equity-10.3%
FCF margin4.7%
Return on capital-10.6%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
1.30% 7.30% -7.30% -9.40% -11.00% -22.50% -19.90% -30.60% -9.00% 201720182019202020212022202320242025
Gross margin (%)
31.90% 35.00% 29.60% 26.60% 28.60% 21.00% 22.00% 16.60% 29.80% 201720182019202020212022202320242025
Operating margin (%)
7.10% 8.90% -5.60% -9.40% -11.20% -22.80% -22.30% -33.10% -10.20% 201720182019202020212022202320242025
Return on equity (%)
3.00% 6.40% -5.90% -9.50% -9.80% -20.20% -16.40% -28.10% -10.30% 201720182019202020212022202320242025
Shares outstanding
3.0M 36.7M 38.1M 39.8M 44.2M 45.6M 47.3M 48.9M 51.2M 201720182019202020212022202320242025
Net debt ($)
-$19.2M -$149.4M -$117.3M -$102.1M -$146.5M 201720182019202020212022202320242025
Share buybacks ($)
201720182019202020212022202320242025
Return on assets (%)
1.70% 5.60% -5.20% -7.40% -7.90% -16.60% -13.60% -22.50% -7.40% 201720182019202020212022202320242025
Free cash flow margin (%)
-3.80% -9.40% -4.70% -9.90% -14.80% 2.30% -5.20% 4.70% 201720182019202020212022202320242025
Debt / equity (×)
0.29× 0.00× 0.00× 0.00× 0.00× 201720182019202020212022202320242025
EPS ($)
$0.00 $0.32 -$0.35 -$0.55 -$0.70 -$1.23 -$0.90 -$1.27 -$0.47 201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin29.8%16.6%22.0%21.0%28.6%26.6%29.6%35.0%31.9%
Operating margin-10.2%-33.1%-22.3%-22.8%-11.2%-9.4%-5.6%8.9%7.1%
Net margin-9.0%-30.6%-19.9%-22.5%-11.0%-9.4%-7.3%7.3%1.3%
FCF margin4.7%-5.2%2.3%-14.8%-9.9%-4.7%-9.4%-3.8%—
Return on assets-7.4%-22.5%-13.6%-16.6%-7.9%-7.4%-5.2%5.6%1.7%
Return on equity-10.3%-28.1%-16.4%-20.2%-9.8%-9.5%-5.9%6.4%3.0%
Debt / equity————0.00×0.00×0.00×0.00×0.29×
Current ratio3.795.676.736.696.064.857.939.272.93

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.