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Financials · LPTH

LightPath Technologies Inc. (LPTH) financials

For fiscal 2026 (ended Jun 30, 2026), LightPath Technologies Inc. reported $71.72M of revenue and -$20.55M of net income.

Revenue, FY2026
$71.72M
Revenue growth, YoY
+92.8%
Net income, FY2026
-$20.55M
Net margin
-28.6%
Free cash flow, FY2026
-$16.49M
EPS, diluted, FY2026
-$0.38
Cash
$93.20M
P/S
7.83
Market cap
$561.4M
Annual revenue$71.72M
FY2017FY2026
Annual net income-$20.55M
FY2017FY2026
Annual free cash flow-$16.49M
FY2017FY2026

LPTH revenue and earnings growth

LPTH revenueQ4 2026$21.16M

Quarter YoY
+73.3%
QoQ
+10.5%
FY YoY
+92.8%
5Y CAGR
+13.3%

LPTH revenue was $21.16M in fiscal Q4 2026 (ended Jun 30, 2026), up 73.3% from a year earlier and up 10.5% from the prior quarter. For the full fiscal 2026 it was $71.72M, up 92.8% from fiscal 2025. Compound annual growth was +13.3% over 5 years. It rose in 6 of the last 9 fiscal years. Fiscal 2026 is the highest of the 10 fiscal years on file.

LPTH net incomeQ4 2026-$4.14M

LPTH net income was -$4.14M in fiscal Q4 2026 (ended Jun 30, 2026), compared with -$7.06M a year earlier. For the full fiscal 2026 it was -$20.55M, compared with -$14.87M in fiscal 2025.

LPTH EPSFY2026-$0.38

LPTH diluted EPS was -$0.38 for fiscal 2026 (ended Jun 30, 2026), compared with -$0.36 in fiscal 2025.

LPTH free cash flowQ4 2026-$9.53M

LPTH free cash flow was -$9.53M in fiscal Q4 2026 (ended Jun 30, 2026), compared with -$3.33M a year earlier. For the full fiscal 2026 it was -$16.49M, compared with -$9.59M in fiscal 2025.

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Income statement

Income statement
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Revenue$71.72M$37.20M$31.73M$32.93M$35.56M$38.46M$34.97M$33.75M$32.53M$28.37M
Cost of revenue$45.92M$27.07M$23.09M$21.86M$23.74M$25.02M$21.13M$21.23M$20.00M$13.65M
Gross profit$25.80M$10.13M$8.63M$11.07M$11.81M$13.45M$13.84M$12.52M$12.53M$14.72M
Research and development$3.78M$3.06M$2.40M$2.15M$2.09M$2.17M$1.71M$2.02M$1.62M$1.24M
Selling, general and admin$24.66M$15.81M$12.30M$11.44M$11.22M$11.99M$8.96M$10.50M$9.22M$8.65M
Operating income-$19.65M-$11.82M-$7.83M-$3.55M-$2.63M-$1.84M$2.15M-$1.14M$373.6K$4.14M
Interest expense-$1.12M$191.9K$283.3K$229.5K$215.4K----
Pre-tax income-$20.23M-$14.84M-$7.94M-$3.81M-$2.68M-$2.25M$1.63M-$2.23M$233.0K$3.36M
Income tax$314.7K$37.8K$67.5K$234.0K$862.9K$933.9K$764.0K$455.2K-$827.1K-$4.34M
Net income-$20.55M-$14.87M-$8.01M-$4.05M-$3.54M-$3.19M$866.9K-$2.68M$1.06M$7.70M
EPS, basic-$0.38-$0.36-$0.21-$0.13-$0.13-$0.12$0.03-$0.10$0.04$0.39
EPS, diluted-$0.38-$0.36-$0.21-$0.13-$0.13-$0.12$0.03-$0.10$0.04$0.36
Diluted shares53.4M40.9M37.9M31.6M27.0M26.3M27.5M25.8M26.8M21.7M

Balance sheet

Balance sheet
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Cash and equivalents$93.20M$4.88M$3.48M$7.14M$5.51M$6.77M$5.39M$4.60M$6.51M$8.09M
Receivables$15.11M$9.46M$4.93M$6.63M-$4.66M$6.19M$6.21M$5.37M$5.89M
Inventory$18.01M$12.86M$6.55M$7.41M$6.99M$8.66M$8.98M$7.68M$6.40M$5.07M
Current assets$129.90M$28.37M$15.54M$21.76M$18.17M$20.70M$21.26M$19.61M$19.39M$19.72M
Goodwill$19.32M$13.75M$6.76M$5.85M$5.85M$5.85M$5.85M$5.85M$5.85M$5.85M
Total assets$194.01M$81.51M$48.09M$53.54M$50.71M$54.61M$47.57M$45.97M$47.12M$46.67M
Current liabilities$26.18M$17.10M$8.04M$6.83M$7.73M$8.45M$7.40M$6.36M$5.80M$5.75M
Long-term debt-$4.80M$325.9K$1.55M$3.22M$4.06M$4.44M$5.00M$5.12M$9.93M
Total debt-$4.80M$325.9K$1.55M$3.22M$4.06M$4.44M$5.00M$5.12M$9.93M
Total liabilities$35.63M$31.63M$17.89M$17.58M$20.98M$21.03M$13.01M$12.51M$11.76M$16.95M
Shareholders' equity$149.47M$15.64M$30.20M$35.95M$29.73M$33.58M$34.57M$33.46M$35.36M$29.72M

Cash flow

Cash flow
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Operating cash flow-$10.23M-$8.33M$521.0K-$2.81M$1.46M$4.73M$3.73M$411.2K$2.62M$5.00M
Capital expenditures$6.27M$1.26M$2.18M$3.08M$1.63M$3.16M$2.44M$1.93M$2.52M$2.22M
Free cash flow-$16.49M-$9.59M-$1.66M-$5.89M-$162.5K$1.57M$1.29M-$1.52M$101.3K$2.78M
Investing cash flow-$12.79M-$19.74M-$2.67M-$2.87M-$1.63M-$3.16M-$2.26M-$1.25M-$2.52M-$14.00M
Financing cash flow$111.02M$29.30M-$1.47M$7.46M-$636.2K-$843.4K-$621.7K-$1.40M-$1.31M$14.21M
Stock-based compensation$2.86M$1.04M$1.02M$1.31M$825.3K$642.9K$250.7K$394.8K$373.6K$394.9K
Depreciation and amortization$5.04M$4.15M$4.05M$3.17M$3.62M$3.51M$3.42M$3.46M$3.40M$2.08M

Key ratios

Key ratios
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Revenue growth, YoY92.8%17.3%-3.7%-7.4%-7.6%10.0%3.6%3.8%14.7%-
Net income growth, YoY---------86.2%444.5%
EPS growth, YoY---------88.9%350.0%
Gross margin36.0%27.2%27.2%33.6%33.2%35.0%39.6%37.1%38.5%51.9%
Operating margin-27.4%-31.8%-24.7%-10.8%-7.4%-4.8%6.1%-3.4%1.1%14.6%
Net margin-28.6%-40.0%-25.2%-12.3%-10.0%-8.3%2.5%-7.9%3.3%27.2%
Free cash flow margin-23.0%-25.8%-5.2%-17.9%-0.5%4.1%3.7%-4.5%0.3%9.8%
Return on equity-13.7%-95.1%-26.5%-11.3%-11.9%-9.5%2.5%-8.0%3.0%25.9%
Return on assets-10.6%-18.2%-16.7%-7.6%-7.0%-5.8%1.8%-5.8%2.2%16.5%
Current ratio4.961.661.933.182.352.452.873.093.343.43
Debt to equity-0.310.010.040.110.120.130.150.140.33

Source: XBRL data LightPath Technologies Inc. files with the SEC, latest filing dated Sep 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

LPTH peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
LPTH$71.72M+92.8%-$20.55M-28.6%$561.4M
NVDA$302.97B+83.4%$192.88B63.7%$4.31T
TSMNT$3.81T+31.6%NT$1.70T44.6%$2.02T
AVGO$89.10B+48.7%$38.27B42.9%$1.53T
AMD$45.44B+41.9%$7.62B16.8%$834.12B
MU$133.19B+256.3%$84.97B63.8%$829.50B
INTC$59.89B+12.1%-$12.03B-20.1%$315.55B
AMAT$30.84B+7.8%$9.27B30.1%$294.06B

LPTH FAQ

9 questions
  • What is LPTH revenue?
    LightPath Technologies Inc. (LPTH) reported $71.72M of revenue for fiscal 2026 (ended Jun 30, 2026). That is up 92.8% from the year before.
  • Is LPTH profitable?
    No. LightPath Technologies Inc. reported a net loss of $20.55M for fiscal 2026 (ended Jun 30, 2026).
  • How much cash and debt does LPTH have?
    LightPath Technologies Inc. reported $93.20M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is LPTH revenue growing?
    LightPath Technologies Inc.'s revenue changed +92.8% in fiscal 2026, to $71.72M. Its compound annual growth rate was +13.3% over 5 years.
  • What is LPTH gross margin?
    LightPath Technologies Inc.'s gross profit was $25.80M on $71.72M of revenue for fiscal 2026 (ended Jun 30, 2026), a gross margin of 36.0%.
  • What is LPTH free cash flow?
    LightPath Technologies Inc. generated -$16.49M of free cash flow for fiscal 2026 (ended Jun 30, 2026), which is operating cash flow of -$10.23M less capital expenditures.
  • What is LPTH earnings per share?
    Diluted earnings per share were -$0.38 for fiscal 2026 (ended Jun 30, 2026), from SEC filings, restated for any stock split those filings show.
  • When did LPTH last report financial results?
    The latest statements here come from LightPath Technologies Inc.'s 10-K filed on Sep 11, 2026, covering the period ended Jun 30, 2026.
  • Where does this LPTH financial data come from?
    Quantisnow builds these statements from the structured XBRL data LightPath Technologies Inc. files with the SEC. It is provided for information only and is not investment advice.