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/Mis Actual Consensu
s s
Estimate
Q3 Beat $66.74 $63.89
Revenue mln mln (7
Analysts
)
Q3 Net -$6.87
Income mln
Q3 Beat $7.11 $3.29
Adjusted mln mln (4
EBITDA Analysts
)
Q3 Gross 31.10%
Margin
Q3 Gross $20.75
Profit mln
Q3 -10.90%
Operatin
g Margin
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 ( LASR ) is $29.00, about 8.6% below its November 5 closing price of $31.50
Press Release:
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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.)