---
schema_version: "secwatch.filing_event.v1"
accession: "0001124796-24-000015"
form_type: "8-K"
ticker: "LASR"
cik: "0001124796"
company_name: "NLIGHT, INC."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T18:21:38.834929+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# nLIGHT Q4 revenue $51.9M above guidance; full-year loss narrows to $41.7M

## Summary
- Full year 2023 revenue $209.9M, down 13.3% YoY; net loss $41.7M ($0.90 diluted) vs loss $54.6M in 2022.
- Q4 revenue $51.9M, down 8.4% YoY but above guidance; net loss $13.2M ($0.28) vs loss $22.7M a year ago.
- Products gross margin improved 250 bps YoY to 22.0% for full year; Q4 gross margin 18.9% vs 10.2%.
- Backlog increased 34% YoY; large directed energy contracts won in 2023; cash and investments ~$113M.
- Q1 2024 guidance: revenue $42-46M, gross margin 15-20%, adjusted EBITDA ($7M)-($5M).

## SEC filing metadata
- accession: 0001124796-24-000015
- form_type: 8-K
- ticker: LASR
- cik: 0001124796
- company_name: NLIGHT, INC.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000015/0001124796-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000015/lasr-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001124796-24-000015
- JSON: https://secwatch.observer/filing/0001124796-24-000015.json
- Plain text: https://secwatch.observer/filing/0001124796-24-000015.txt

## Key facts
- Earnings Releases
  NLIGHT, INC. reported three months ended December 31, 2023 results: revenue $51.9 million, net income Net loss of $13.2 million, EPS $0.28 per diluted share. Guidance initiated.
  - Period: three months ended December 31, 2023
  - Revenue: $51.9 million
  - Net income: Net loss of $13.2 million
  - EPS: $0.28 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Revenues of $51.9 million for the fourth quarter of 2023 were down 8.4% compared to $56.7 million for the fourth quarter of 2022. Gross margin was 18.9% for the fourth quarter of 2023 compared to 10.2% for the fourth quarter of 2022. GAAP net loss for the fourth quarter of 2023 was $13.2 million, or $0.28 per diluted share, compared to GAAP net loss of $22.7 million or $0.50 per diluted share, for the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000015/0001124796-24-000015-index.htm
- Earnings Releases
  NLIGHT, INC. reported twelve months ended December 31, 2023 results: revenue $209.9 million, net income Net loss of $41.7 million, EPS $0.90 per diluted share. Guidance initiated.
  - Period: twelve months ended December 31, 2023
  - Revenue: $209.9 million
  - Net income: Net loss of $41.7 million
  - EPS: $0.90 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Revenues of $209.9 million for the full year 2023 were down 13.3% compared to $242.1 million for the full year 2022. Gross margin was 22.0% for the full year 2023 compared to 21.0% for the full year 2022. GAAP net loss for the full year 2023 was $41.7 million, or $0.90 per diluted share, compared to net loss of $54.6 million, or $1.23 per diluted share, for the full year 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000015/0001124796-24-000015-index.htm
- Earnings Releases
  NLIGHT, INC. reported first quarter of 2024 results: revenue $42 million to $46 million. Guidance initiated.
  - Period: first quarter of 2024
  - Revenue: $42 million to $46 million
  - Guidance: initiated
  - Result: guidance update
  source text: For the first quarter of 2024, nLIGHT expects revenues to be in the range of $42 million to $46 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000015/0001124796-24-000015-index.htm

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