High-power fiber lasers provider nLIGHT's Q3 revenue beats estimates on record aerospace & defense sales

nLIGHT

06/11/2025 22:33

Overview

nLIGHT Q3 2025 revenue grows 18.9% yr/yr, beating analyst expectations

Adjusted EBITDA for Q3 2025 beats consensus, reflecting operational leverage

Company expects continued A&D revenue growth in Q4 2025

Outlook

nLIGHT expects Q4 2025 revenue between $72 mln and $78 mln

Company anticipates full-year 2025 A&D revenue growth to exceed 40%

nLIGHT forecasts Q4 2025 gross margin between 27% and 32%

Result Drivers

A&D REVENUE - Record revenue from Aerospace & Defense markets drove Q3 results

GROSS MARGIN EXPANSION - Gross margin increased to 31.1% from 22.4% in prior year, indicating improved efficiency

SEQUENTIAL A&D GROWTH - Company expects continued sequential A&D revenue growth in Q4 2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$66.74 mln
$63.89 mln (7 Analysts)
Q3 Net Income
-$6.87 mln
Q3 Adjusted EBITDA
Beat
$7.11 mln
$3.29 mln (4 Analysts)
Q3 Gross Margin
31.10%
Q3 Gross Profit
$20.75 mln
Q3 Operating Margin
-10.90%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for nLIGHT Inc is $29.00, about 8.6% below its November 5 closing price of $31.50

Press Release: ID:nBw4L25L1a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)