Lightpath Technologies Inc (LPTH) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2026, Lightpath Technologies reported revenue of $71.7M, up 92.8% from $37.2M the year before. Net income was -$20.5M (a -28.6% net margin), or -$0.38 per diluted share. Gross margin was 36.0% and operating margin was -27.4%. Operating activities generated -$10.2M of cash, leaving -$16.5M of free cash flow. At fiscal year end, Lightpath Technologies held $194.0M in total assets against $35.6M in total liabilities, including $93.2M of cash and equivalents.
Open the full interactive Lightpath Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Lightpath Technologies Key Stats
| Share Price | $8.91 |
|---|---|
| Market Cap | $475.6M |
| Revenue YoY Growth | +92.8% |
| 52-Week Range | $6.18 – $18.15 |
| Shares Outstanding | 53.4 million (basic, 2026 Q4) |
Lightpath Technologies Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $38.5M | $35.6M | $32.9M | $31.7M | $37.2M | $71.7M |
| Cost of Goods Sold | — | — | — | — | — | $45.9M |
| Gross Profit | $13.4M | $11.8M | $11.1M | $8.6M | $10.1M | $25.8M |
| Operating Income | -$1.8M | -$2.6M | -$3.6M | -$7.8M | -$11.8M | -$19.7M |
| Pre-Tax Income | -$2.3M | -$2.7M | -$3.8M | -$7.9M | -$14.8M | -$20.2M |
| Income Tax | $933,915 | $862,907 | $234,034 | $67,490 | $37,790 | $314,713 |
| Net Income | -$3.2M | -$3.5M | -$4.0M | -$8.0M | -$14.9M | -$20.5M |
| Diluted EPS | -$0.12 | -$0.13 | -$0.13 | -$0.21 | -$0.36 | -$0.38 |
Lightpath Technologies Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $15.1M | $16.4M | $19.1M | $21.2M |
| Net Income | -$2.9M | -$9.4M | -$4.1M | -$4.1M |
| Diluted EPS | -$0.07 | -$0.20 | -$0.07 | -$0.08 |
Lightpath Technologies Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.8M | $5.5M | $4.7M | — | — | $93.2M |
| Current Assets | $20.7M | $18.2M | $21.8M | $15.5M | $28.4M | $129.9M |
| Total Assets | $54.6M | $50.7M | $53.5M | $48.1M | $81.5M | $194.0M |
| Current Liabilities | $8.4M | $7.7M | $6.8M | $8.0M | $17.1M | $26.2M |
| Total Long-Term Debt | $4.7M | $3.2M | $2.6M | $535,050 | $4.8M | $187,195 |
| Total Liabilities | $21.0M | $21.0M | $17.6M | $17.9M | $31.6M | $35.6M |
| Shareholders' Equity | $33.6M | $29.7M | $36.0M | $30.2M | $15.6M | $149.5M |
Lightpath Technologies Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.7M | $1.5M | -$2.8M | $521,037 | -$8.3M | -$10.2M |
| Cash From Investing | -$3.2M | -$1.6M | -$2.9M | -$2.7M | -$19.7M | -$12.8M |
| Cash From Financing | -$843,429 | -$636,174 | $7.5M | -$1.5M | $29.3M | $111.0M |
| Free Cash Flow | $1.6M | -$162,486 | -$5.9M | -$1.7M | -$9.6M | -$16.5M |
Figures from Lightpath Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Lightpath Technologies financials page for every line item.
Lightpath Technologies Company Profile
| Ticker | LPTH |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Orlando, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | June 30 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000889971 |
Frequently Asked Questions
What was Lightpath Technologies' revenue in fiscal 2026?
Lightpath Technologies (LPTH) reported revenue of $71.7M for fiscal 2026.
What is Lightpath Technologies' annual revenue history?
Lightpath Technologies' annual revenue by fiscal year: 2021: $38.5M; 2022: $35.6M; 2023: $32.9M; 2024: $31.7M; 2025: $37.2M; 2026: $71.7M.
What was Lightpath Technologies' net income in fiscal 2026?
Lightpath Technologies reported net income of -$20.5M for fiscal 2026.
What was Lightpath Technologies' earnings per share (EPS) in fiscal 2026?
Lightpath Technologies' diluted EPS was -$0.38 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Lightpath Technologies generate in fiscal 2026?
Lightpath Technologies generated -$16.5M of free cash flow in fiscal 2026.
What was Lightpath Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q4), Lightpath Technologies reported revenue of $21.2M.
How much debt does Lightpath Technologies have?
Lightpath Technologies reported $187,195 of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Lightpath Technologies are outstanding?
Lightpath Technologies reported a weighted average of 53.4 million basic shares outstanding in 2026 Q4.
What is Lightpath Technologies' market cap?
Based on its latest closing price, Lightpath Technologies (LPTH) has a market capitalization of about $475.6M.
When does Lightpath Technologies' fiscal year end?
Lightpath Technologies' fiscal year end, as registered with the SEC, is June 30.
Where is Lightpath Technologies headquartered?
Lightpath Technologies lists its business address in Orlando, Florida in its SEC filings.