nLIGHT Inc
NASDAQ:LASR
Income Statement
Earnings Waterfall
nLIGHT Inc
Income Statement
nLIGHT Inc
| Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
| Revenue |
191
N/A
|
191
0%
|
187
-2%
|
180
-4%
|
177
-2%
|
178
+1%
|
182
+2%
|
200
+10%
|
223
+11%
|
241
+8%
|
258
+7%
|
268
+4%
|
270
+1%
|
273
+1%
|
265
-3%
|
253
-5%
|
242
-4%
|
232
-4%
|
224
-3%
|
215
-4%
|
210
-2%
|
200
-5%
|
198
-1%
|
203
+3%
|
199
-2%
|
206
+4%
|
217
+5%
|
228
+5%
|
|
| Gross Profit | |||||||||||||||||||||||||||||
| Cost of Revenue |
(124)
|
(125)
|
(123)
|
(121)
|
(124)
|
(130)
|
(137)
|
(150)
|
(163)
|
(173)
|
(183)
|
(189)
|
(193)
|
(197)
|
(194)
|
(190)
|
(191)
|
(183)
|
(179)
|
(173)
|
(164)
|
(161)
|
(158)
|
(161)
|
(166)
|
(166)
|
(171)
|
(173)
|
|
| Gross Profit |
67
N/A
|
66
-2%
|
64
-3%
|
59
-8%
|
52
-11%
|
48
-8%
|
46
-6%
|
50
+9%
|
59
+19%
|
68
+14%
|
75
+11%
|
79
+6%
|
77
-2%
|
76
-2%
|
71
-7%
|
63
-11%
|
51
-19%
|
49
-4%
|
46
-7%
|
42
-8%
|
46
+10%
|
39
-15%
|
39
-1%
|
42
+7%
|
33
-21%
|
39
+19%
|
46
+17%
|
54
+18%
|
|
| Operating Income | |||||||||||||||||||||||||||||
| Operating Expenses |
(50)
|
(54)
|
(57)
|
(58)
|
(62)
|
(64)
|
(68)
|
(75)
|
(80)
|
(88)
|
(98)
|
(105)
|
(108)
|
(109)
|
(105)
|
(103)
|
(102)
|
(104)
|
(102)
|
(98)
|
(92)
|
(93)
|
(93)
|
(95)
|
(94)
|
(100)
|
(98)
|
(96)
|
|
| Selling, General & Administrative |
(29)
|
(31)
|
(32)
|
(32)
|
(34)
|
(34)
|
(35)
|
(37)
|
(39)
|
(43)
|
(49)
|
(52)
|
(53)
|
(52)
|
(49)
|
(49)
|
(48)
|
(49)
|
(49)
|
(47)
|
(46)
|
(46)
|
(47)
|
(49)
|
(49)
|
(50)
|
(49)
|
(50)
|
|
| Research & Development |
(21)
|
(23)
|
(25)
|
(26)
|
(28)
|
(30)
|
(33)
|
(38)
|
(41)
|
(44)
|
(49)
|
(53)
|
(55)
|
(57)
|
(56)
|
(54)
|
(54)
|
(51)
|
(50)
|
(48)
|
(46)
|
(46)
|
(45)
|
(46)
|
(45)
|
(46)
|
(45)
|
(45)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
|
| Operating Income |
17
N/A
|
12
-31%
|
7
-40%
|
1
-82%
|
(10)
N/A
|
(16)
-58%
|
(22)
-44%
|
(26)
-15%
|
(21)
+18%
|
(20)
+4%
|
(23)
-15%
|
(26)
-12%
|
(30)
-17%
|
(33)
-8%
|
(34)
-4%
|
(40)
-18%
|
(51)
-27%
|
(55)
-7%
|
(56)
-2%
|
(56)
+1%
|
(46)
+18%
|
(53)
-16%
|
(54)
-2%
|
(54)
+1%
|
(61)
-15%
|
(61)
+1%
|
(52)
+14%
|
(42)
+20%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
2
|
2
|
3
|
3
|
2
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
4
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(6)
|
|
| Total Other Income |
(1)
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(0)
|
0
|
1
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
0
|
|
| Pre-Tax Income |
18
N/A
|
14
-20%
|
9
-35%
|
4
-52%
|
(7)
N/A
|
(14)
-104%
|
(21)
-51%
|
(25)
-18%
|
(21)
+16%
|
(20)
+4%
|
(22)
-13%
|
(25)
-14%
|
(30)
-18%
|
(33)
-8%
|
(34)
-4%
|
(40)
-18%
|
(54)
-35%
|
(53)
+1%
|
(53)
+0%
|
(52)
+2%
|
(43)
+18%
|
(49)
-14%
|
(50)
-3%
|
(49)
+3%
|
(61)
-25%
|
(55)
+9%
|
(47)
+15%
|
(44)
+7%
|
|
| Net Income | |||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(6)
|
(5)
|
(5)
|
(3)
|
(0)
|
0
|
2
|
0
|
0
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
17
|
13
|
8
|
3
|
(13)
|
(19)
|
(26)
|
(27)
|
(21)
|
(20)
|
(21)
|
(25)
|
(30)
|
(32)
|
(35)
|
(41)
|
(55)
|
(54)
|
(52)
|
(51)
|
(42)
|
(48)
|
(51)
|
(49)
|
(61)
|
(55)
|
(47)
|
(44)
|
|
| Net Income (Common) |
10
N/A
|
8
-13%
|
5
-40%
|
0
-96%
|
(13)
N/A
|
(19)
-48%
|
(26)
-35%
|
(27)
-5%
|
(21)
+23%
|
(20)
+6%
|
(21)
-5%
|
(25)
-23%
|
(30)
-17%
|
(32)
-8%
|
(35)
-8%
|
(41)
-18%
|
(55)
-34%
|
(54)
+2%
|
(52)
+3%
|
(51)
+2%
|
(42)
+18%
|
(48)
-14%
|
(51)
-6%
|
(49)
+3%
|
(61)
-24%
|
(55)
+9%
|
(47)
+15%
|
(44)
+7%
|
|
| EPS (Diluted) |
0.31
N/A
|
0.22
-29%
|
0.13
-41%
|
0
N/A
|
-0.35
N/A
|
-0.51
-46%
|
-0.69
-35%
|
-0.72
-4%
|
-0.55
+24%
|
-0.5
+9%
|
-0.48
+4%
|
-0.59
-23%
|
-0.7
-19%
|
-0.75
-7%
|
-0.79
-5%
|
-0.92
-16%
|
-1.23
-34%
|
-1.19
+3%
|
-1.15
+3%
|
-1.12
+3%
|
-0.9
+20%
|
-1.02
-13%
|
-1.08
-6%
|
-1.04
+4%
|
-1.27
-22%
|
-1.14
+10%
|
-0.97
+15%
|
-0.86
+11%
|
|