LPTH

LightPath Technologies Inc
NASDAQTECHNOLOGYELECTRONIC COMPONENTS

Key Statistics

Market Cap
$698.96M
P/E Ratio
—
EPS
$-0.38
Beta
1.40
52W High
$18.94
52W Low
$5.83
50-Day MA
$11.40
200-Day MA
$12.05
Dividend Yield
—
Profit Margin
-28.60%
Forward P/E
217.39
PEG Ratio
1.54

About LightPath Technologies Inc

LightPath Technologies, Inc. designs, develops, manufactures and distributes optical components and assemblies. The company is headquartered in Orlando, Florida.

Official WebsiteUSAFY End: June

Fundamentals

Revenue (TTM)$71.72M
Gross Profit (TTM)$25.80M
EBITDA855,450
Operating Margin-5.04%
Return on Equity-19.70%
Return on Assets-1.90%
Revenue/Share (TTM)$1.34
Book Value$2.14
Price-to-Book4.76
Price-to-Sales (TTM)9.75
EV/Revenue8.76
EV/EBITDA1112.54
Quarterly Earnings Growth (YoY)4911.00%
Quarterly Revenue Growth (YoY)73.30%
Shares Outstanding$70.04M
Float$69.29M
% Insiders1.08%
% Institutions78.91%

Historical Volatility

HV 10-Day
49.08%
HV 20-Day
103.97%
HV 30-Day
108.94%
HV 60-Day
110.89%
HV Rank
30.2%

Volatility is currently contracting

Analyst Ratings

Consensus ($15.80 target)
1
Strong Buy
4
Buy

Latest News

LightPath Technologies Promotes Michael Amorelli to VP Engineering, Imaging Systems

Veteran infrared systems executive to lead imaging systems product development as LightPath expands its imaging product offerings ORLANDO, FL / ACCESS Newswire / September 21, 2026 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced the promotion of Michael Amorelli to VP Engineering, Imaging Systems, effective September 1, 2026. Mr. Amorelli previously served as engineering manager of the Company's G5 Infrared operations in Hudson, New Hampshire, which LightPath acquired in February 2025.

Accesswire9/21/2026Neutral
LightPath Technologies Wins Department of War Prototype Agreement to Advance Germanium Alternatives for Infrared Imaging

Competitively awarded CLEAR program agreement funds development of BlackDiamond™ glass for defense EO/IR systems ahead of December 2027 germanium sourcing restrictions ORLANDO, FL / ACCESS Newswire / September 17, 2026 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced that it has been awarded a funded prototype agreement under the Critical Low-risk Electro-optic Alternatives for Resilience ("CLEAR") program. CLEAR is sponsored by the Department of War ("DoW") Advanced Materials Office, established to accelerate the development of domestic alternative optical materials for the electro-optic and infrared ("EO/IR") systems used in defense surveillance, targeting and situational awareness.

Accesswire9/17/2026Neutral
LightPath's Defense Pivot Could Send Shares Higher

LightPath Technologies NASDAQ: LPTH is turning a corner, and investors should take note. The once globally focused business is taking a more domestic approach, divesting its China-based assets to comply with the National Defense Authorization Act.

MarketBeat9/15/2026Positive
LightPath Technologies Q4 Earnings Call Highlights

LightPath Technologies NASDAQ: LPTH reported record fiscal 2026 results, with revenue nearly doubling, gross margin expanding and adjusted EBITDA turning positive as the company shifted toward higher-value assemblies, modules and camera products.

MarketBeat9/10/2026Positive
LightPath Technologies Reports Fiscal 2026 Fourth Quarter and Full Year Financial Results

Fourth Quarter Revenue Increases 73% to $21.2 Million with Meaningful Net Income Improvement and 10% Adjusted EBITDA Margins as Vertically Integrated Infrared Platform Scales ORLANDO, FL / ACCESS Newswire / September 10, 2026 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced financial results for its fiscal 2026 fourth quarter and full year ended June 30, 2026. Financial Summary: Three Months Ended Year Ended June 30, June 30, $ in millions 2026 2025 % Change 2026 2025 % Change Revenue $ 21.2 $ 12.2 73.8 % $ 71.7 $ 37.2 92.7 % Gross Profit $ 8.3 $ 2.7 207.4 % $ 25.8 $ 10.1 155.4 % Operating Expenses* $ 12.6 $ 7.2 75.0 % $ 45.5 $ 22.0 106.8 % Net Income (Loss) $ (4.1 ) $ (7.1 ) -42.3 % $ (20.5 ) $ (14.9 ) 37.6 % Adjusted EBITDA** (non-GAAP) $ 2.1 $ (2.0 ) -205.0 % $ 4.2 $ (5.1 ) -182.4 % *Inclusive of $3.4 million and $1.4 million for the three months ended June 30, 2026 and 2025, respectively, and $15.6 million and $1.6 million for the years ended June 30, 2026 and 2025, respectively, for change in fair value of acquisition earnout liabilities.

Accesswire9/10/2026Neutral
LightPath Technologies to Host Fourth Quarter Fiscal 2026 Earnings Call on September 10 at 5:00 p.m. Eastern Time

ORLANDO, Fla., Sept. 3, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," or "we"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it will release financial results for the fiscal fourth quarter ended June 30, 2026 after market close on September 10, 2026.

PRNewsWire9/3/2026Neutral
LightPath Technologies: Broadening In Scope, And More Critical To The Western Supply Chain

LightPath Technologies has transformed from a low-value optics supplier to a leading U.S.-based infrared imaging systems provider, capitalizing on Western supply chain shifts. LPTH's proprietary BlackDiamond glass and onshoring strategy have driven triple-digit revenue and backlog growth, with the current backlog at $110.6M, ensuring multi-year revenue visibility. Despite robust topline and margin expansion, LPTH remains unprofitable at the GAAP level, with elevated SG&A and product development expenses, cash outflows, and significant share dilution from recent capital raises.

Seeking Alpha8/19/2026Positive
LightPath Technologies Signs Definitive Agreement to Divest China Operations

Divestiture to Complete Transition to Fully Western-Aligned Manufacturing Footprint, Reinforcing Position as a Trusted Optics and Imaging Solutions for Mission-Critical Applications ORLANDO, Fla., July 23, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it has signed a definitive agreement to sell its wholly owned subsidiary, LightPath (Zhenjiang) Optical Instrumentation Co., Ltd.

PRNewsWire7/23/2026Neutral
LightPath Technologies Receives $13 Million in Follow-On Optical Assembly Orders from Leading C-UAS & Defense Systems Supplier

Order encompasses assembly work supporting counter-UAS systems, one of the fastest-growing areas of defense demand ORLANDO, Fla., July 22, 2026 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced it has received $13 million in follow-on purchase orders from a leading C-UAS and defense systems supplier for optical assemblies.

PRNewsWire7/22/2026Neutral

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Data last updated: 9/28/2026