
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.
LightPath Technologies, Inc. designs, develops, manufactures and distributes optical components and assemblies. The company is headquartered in Orlando, Florida.
| Revenue (TTM) | $71.72M |
| Gross Profit (TTM) | $25.80M |
| EBITDA | 855,450 |
| 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-Book | 4.26 |
| Price-to-Sales (TTM) | 9.07 |
| EV/Revenue | 7.73 |
| EV/EBITDA | 981.15 |
| Quarterly Earnings Growth (YoY) | 4911.00% |
| Quarterly Revenue Growth (YoY) | 73.30% |
| Shares Outstanding | $70.04M |
| Float | $69.29M |
| % Insiders | 1.08% |
| % Institutions | 78.90% |
Volatility is currently contracting

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.

LightPath Technologies, Inc. (LPTH) Q4 2026 Earnings Call Transcript

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.

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.

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.

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.

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.

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.

LightPath Technologies Inc. (NASDAQ:LPTH) shares are bouncing Tuesday as momentum returns to a stock that has shed significant ground since early June despite sitting roughly 300% above where it traded a year ago. Here's what you need to know.

Repeat order supports C-UAS applications and includes the planned transition from Germanium-based optics to LightPath's proprietary BlackDiamond™ materials over the course of the program ORLANDO, Fla., July 15, 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 a $11 million follow-on purchase order for infrared ("IR") cameras from a leading global technology customer for use in counter-UAS ("C-UAS") applications.
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