LPTH

LightPath Technologies Inc
NASDAQTECHNOLOGYELECTRONIC COMPONENTS

Key Statistics

Market Cap
$536.48M
P/E Ratio
—
EPS
$-0.38
Beta
1.38
52W High
$18.94
52W Low
$5.83
50-Day MA
$11.03
200-Day MA
$12.16
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)7.48
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%
% Institutions79.92%

Historical Volatility

HV 10-Day
78.51%
HV 20-Day
72.08%
HV 30-Day
76.06%
HV 60-Day
102.98%
HV Rank
1.6%

Volatility is currently expanding

Analyst Ratings

Consensus ($15.80 target)
1
Strong Buy
4
Buy

Latest News

LightPath Technologies Receives Additional $6.3 Million Follow-On Optical Assembly Order from Leading C-UAS & Defense Systems Supplier

Order brings total awards from the customer to more than $19 million since July 1 - double the customer's total for all of fiscal 2026 - supporting counter-UAS systems, one of the fastest-growing areas of defense demand ORLANDO, FL / ACCESS Newswire / October 13, 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 it has received an additional $6.3 million follow-on purchase order from a leading C-UAS and defense systems supplier for optical assemblies. The order follows the $13 million in follow-on purchase orders from the same customer that LightPath announced on July 22, 2026, bringing total awards from the customer to more than $19 million since July 1 - double the customer's total orders for the full fiscal year ended June 30, 2026.

Accesswire10/13/2026Neutral
LightPath Technologies Appoints Photonics and Infrared Veteran Scott Payette as Vice President and General Manager of G5 Infrared

Former Anduril Production Leader and Optics Entrepreneur to Scale LightPath's Cooled Infrared Camera Business ORLANDO, FL / ACCESS Newswire / October 7, 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 appointment of Scott Payette as Vice President of LightPath and General Manager of the Company's G5 Infrared subsidiary, effective October 12, 2026. Based in Hudson, New Hampshire, and acquired by LightPath in February 2025, G5 Infrared designs and manufactures high-performance cooled infrared camera systems for long-range defense, border security and counter-UAS applications.

Accesswire10/7/2026Neutral
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

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Data last updated: 10/17/2026