---
schema_version: "secwatch.filing_event.v1"
accession: "0001124796-23-000048"
form_type: "8-K"
ticker: "LASR"
cik: "0001124796"
company_name: "NLIGHT, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:55:12.970641+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# nLIGHT Q1 revenue $54.1M, down 16% YoY; wins $86M DoD laser contract

## Summary
- Q1 revenue $54.1M (down 16.1% YoY); GAAP net loss $7.7M (-$0.17/sh) vs $8.6M loss YoY.
- Overall gross margin 26.4% (up from 25.1% YoY); adjusted EBITDA $1.3M; products gross margin 33%.
- Awarded $86M DoD contract for High Energy Laser prototype under HELSI program.
- Q2 guidance: revenue $49M-$55M, gross margin 22%-26%, adjusted EBITDA -$2M to $1M.
- Cash balance $108M, no outstanding debt.

## SEC filing metadata
- accession: 0001124796-23-000048
- form_type: 8-K
- ticker: LASR
- cik: 0001124796
- company_name: NLIGHT, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124796/000112479623000048/0001124796-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124796/000112479623000048/lasr-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001124796-23-000048
- JSON: https://secwatch.observer/filing/0001124796-23-000048.json
- Plain text: https://secwatch.observer/filing/0001124796-23-000048.txt

## Key facts
- Earnings Releases
  NLIGHT, INC. reported first quarter of 2023 results: revenue $54.1 million, net income net loss of $7.7 million, EPS net loss of $0.17 per diluted share. Guidance initiated.
  - Period: first quarter of 2023
  - Revenue: $54.1 million
  - Net income: net loss of $7.7 million
  - EPS: net loss of $0.17 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Revenues of $54.1 million for the first quarter of 2023 were down 16.1% compared to $64.5 million for the first quarter of 2022. Gross margin was 26.4% for the first quarter of 2023 compared to 25.1% for the first quarter of 2022. GAAP net loss for the first quarter of 2023 was $7.7 million, or net loss of $0.17 per diluted share, compared to net loss of $8.6 million, or $0.20 per diluted share, for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124796/000112479623000048/0001124796-23-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.