nLIGHT stock outlook flags $15M shipment delay

nLIGHT reported stronger operating performance for the third quarter on November 5, while supply-chain constraints pushed part of expected product revenue into the first half of 2027. The company disclosed the results in its 8-K filing.

Revenue growth meets delivery pressure

Revenue rose 10.5 percent year over year to 73.763 million US dollars in the three months ended September 30, 2026. Gross margin improved to 33.1 percent from 31.1 percent, while the GAAP net loss widened to 7.176 million US dollars from 6.874 million US dollars.

Adjusted EBITDA, a non-GAAP measure, increased 55.4 percent to 11.050 million US dollars from 7.109 million US dollars. The release said the result reflected solid execution despite continuing supply constraints and higher restructuring expenses.

Defense demand leads the business

Defense and Space revenue reached 52.460 million US dollars in the quarter, compared with 45.554 million US dollars a year earlier. Advanced Manufacturing contributed 21.303 million US dollars, broadly stable with the prior-year quarter.

For the fourth quarter, nLIGHT expects revenue between 84 million and 90 million US dollars, gross margin between 30 percent and 36 percent, and adjusted EBITDA between 12 million and 18 million US dollars. The outlook excludes product revenue that management now expects to deliver in the first half of 2027 because of supply-chain constraints.

Laser systems target strategic markets

nLIGHT provides high-power lasers for directed energy, optical sensing and advanced manufacturing. The company says its vertically integrated model covers semiconductor laser chips through system-level solutions, with headquarters in Camas, Washington, and operations in the United States, Europe and Asia, according to its corporate profile.

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