LightPath/$LPTH
LightPath shares rise after completing the sale of its China operations, strengthening its positioning as an NDAA-compliant, non-China supplier to defence customers.
6 hours agoLightyear AI
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Capital at risk
About LightPath
LightPath Technologies Inc manufactures, distributes, and integrates proprietary optical components and assemblies. It manufactures infrared imaging cameras, optical assemblies, optical components and infrared materials. Optical components include precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical elements. It designs, develops, manufactures, and distributes optical systems, assemblies and components utilizing optical manufacturing processes, multidisciplinary engineering and manufacturing technologies, and assembly and integration services. It also provides engineering services and performs research and development for optical solutions for a wide range of optics markets. It operates in one segment: the optics segment.
- Ticker
- $LPTH
- Sector
- Digital Hardware
- Primary listing
- NASDAQ
- Employees
- 420
- Headquarters
- Orlando, United States
- Website
- www.lightpath.com
LightPath Metrics
BasicAdvanced
$431M
-
-$0.38
1.38
-
Price and volume
Market cap
$431M
Beta
1.38
52-week high
$18.94
52-week low
$5.83
Average daily volume
2.9M
Financial strength
Current ratio
4.962
Quick ratio
4.138
Long term debt to equity
0.059
Total debt to equity
0.069
Profitability
EBITDA (TTM)
0.565
Gross margin (TTM)
35.98%
Net profit margin (TTM)
-28.65%
Operating margin (TTM)
-6.24%
Effective tax rate (TTM)
-1.56%
Revenue per employee (TTM)
$170,000
Management effectiveness
Return on assets (TTM)
-1.90%
Return on equity (TTM)
-19.73%
Valuation
Price to revenue (TTM)
4.577
Price to book
2.88
Price to tangible book (TTM)
3.81
Price to free cash flow (TTM)
-19.902
Free cash flow yield (TTM)
-5.02%
Free cash flow per share (TTM)
-0.309
Growth
Revenue change (TTM)
92.79%
Earnings per share change (TTM)
5.79%
3-year revenue growth (CAGR)
29.62%
10-year revenue growth (CAGR)
15.30%
3-year earnings per share growth (CAGR)
43.60%
10-year earnings per share growth (CAGR)
17.01%
What the Analysts think about LightPath
Analyst ratings (Buy, Hold, Sell) for LightPath stock.
Analyst projections of the future price of LightPath stock.
Bulls say / Bears say
Fiscal 2026 revenue nearly doubled to $71.7 million, the backlog reached a record $110.9 million, and adjusted EBITDA turned positive. That gives LightPath a stronger base for converting demand into further growth. (SEC)
Repeat counter-drone orders are building: a further $6.3 million optical-assembly order in October took awards from that customer since July to more than $19 million. The repeat business supports the case that defence demand is moving into production orders. (Newswire)
The Department of War selected LightPath for a funded prototype agreement to develop BlackDiamond glass as a germanium alternative for defence systems. Successful completion could make the work eligible for a follow-on production award without another competition. (Newswire)
Despite the revenue and adjusted-EBITDA improvement, LightPath reported a $20.5 million net loss and used $10.2 million of cash in operations in fiscal 2026. Its $50 million share offering also shows that expansion has relied partly on issuing equity. (SEC)
Scaling production is a material execution risk: management identified capacity as its main operational challenge and said detector lead times had stretched to ten months or more. Delays in adding capacity or obtaining components could slow conversion of the large backlog into sales. (Investing.com)
The sale of the China subsidiary removes about $4.5 million in annual revenue from the consolidated business. The facility will still supply LightPath, leaving the company reliant on an outside owner for those products. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2026.
LightPath Financial Performance
Revenues and expenses
LightPath Earnings Performance
Company profitability
Upcoming events
No upcoming events
LightPath News
AllArticlesVideos

LightPath Technologies Receives Additional $6.3 Million Follow-On Optical Assembly Order from Leading C-UAS & Defense Systems Supplier
Accesswire4 weeks ago

LightPath Technologies Appoints Photonics and Infrared Veteran Scott Payette as Vice President and General Manager of G5 Infrared
Accesswire1 month ago

5 Scary-Good Stocks With Strong October Catalysts and Breakout Potential
MarketBeat1 month ago
Funds containing LightPath
Fund name | Fund size | $LPTH weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.01% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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