Lightpath Technologies Inc
LPTH Nasdaq· Semiconductors & Related Devices
Last close · Oct 26, 2026
$7.43
KIRA · Stoqly’s AI analyst, in plain words
- Lightpath Technologies Inc had $71.7M of revenue in fiscal 2026, up 92.8% on the year before. Over five years, revenue changed +13.3% a year on average.
- Its operating margin was −27.4%, up 4.4 pts: of every 100 in sales, about −27 is left after running the business.
- Lightpath Technologies Inc lost $20.5M in fiscal 2026.
- Free cash flow was −$16.5M in fiscal 2026, −23.0% of revenue.
Market cap
$397M
P/E
—
Revenue
$71.7M
Net income
−$20.5M
Free cash flow
−$16.5M
Operating margin
−27.4%
Lightpath Technologies Inc in 30 seconds · fiscal 2026
Are sales growing?
+92.8%
Yes. Sales grew 92.8% last year.
Does it make a profit?
−28.6%
No. It lost money last year.
Does profit turn into cash?
−23.0%
No. It spent more cash than it brought in.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Lightpath Technologies Inc does
No business description yet.
- Fiscal year ends
- June 30, 2026
- Latest annual report
- 10-K · Sep 11, 2026
- Legal name
- LIGHTPATH TECHNOLOGIES INC
- CIK
- 0000889971
Lightpath Technologies Inc · LPTH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $35.6M | $32.9M | $31.7M | $37.2M | $71.7M |
| Revenue growth | −7.6% | −7.4% | −3.7% | 17.3% | 92.8% |
| Gross margin | 33.2% | 33.6% | 27.2% | 27.2% | 36.0% |
| Operating margin | −7.4% | −10.8% | −24.7% | −31.8% | −27.4% |
| Net income | −$3.5M | −$4.0M | −$8.0M | −$14.9M | −$20.5M |
| Net margin | −10.0% | −12.3% | −25.2% | −40.0% | −28.6% |
| Diluted EPS | −$0.13 | −$0.13 | −$0.21 | −$0.36 | −$0.38 |
| Cash | |||||
| Cash from operations | $1.5M | −$2.8M | $0.5M | −$8.3M | −$10.2M |
| Capital expenditure | $1.6M | $3.1M | $2.2M | $1.3M | $6.3M |
| Free cash flow | −$0.2M | −$5.9M | −$1.7M | −$9.6M | −$16.5M |
| FCF margin | −0.5% | −17.9% | −5.2% | −25.8% | −23.0% |
| Share count change | 2.7% | 17.1% | 19.9% | 7.7% | 30.6% |
| Debt and strength | |||||
| Cash and short-term investments | $5.5M | $4.7M | $3.5M | $4.9M | $93.2M |
| Debt incl. finance leases | $3.3M | $3.0M | $1.2M | $5.4M | — |
| Shareholders' equity | $29.7M | $36.0M | $30.2M | $15.6M | $149M |
| Net debt / EBITDA | −2.2x | — | — | — | — |
| Current ratio | 2.3x | 3.2x | 1.9x | 1.7x | 5.0x |
| Interest coverage | −11.4x | −12.5x | −40.8x | −10.6x | — |
| Returns and quality | |||||
| Return on capital | −7.6% | −8.3% | −22.7% | −60.0% | — |
| Return on equity | −11.2% | −12.3% | −24.2% | −64.9% | −24.9% |
| Return on tangible equity | −18.2% | −15.1% | −40.5% | — | −18.2% |
| Piotroski F-score | 3 | 4 | 4 | 2 | 4 |
| Altman Z'' | −10.6 | −9.1 | −12.9 | −8.8 | 3.0 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$90.1M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Lightpath Technologies Inc · LPTH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $7.43 a share, the company is worth $397M.
Source: SEC EDGAR XBRL filings (CIK 0000889971). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.