earnings
confidence high
sentiment positive
materiality 0.75
LightPath Q3 revenue $19.1M (+109% YoY), backlog $110.6M, positive adjusted EBITDA
LIGHTPATH TECHNOLOGIES INC
2026-Q3 EPS reported
-$0.33
revenue$50,559,747
- Revenue $19.1M (+109% YoY); gross profit $7.0M (+161%); gross margin 36% vs 29%.
- Net loss $4.1M ($0.07/sh) vs $3.6M ($0.44/sh) prior; adjusted EBITDA $1.1M vs -$1.6M.
- Record backlog $110.6M, up 196% from June 2025; driven by defense programs.
- Acquired Amorphous Materials in Jan 2026; appointed Doug Schoen (SVP Global Sales) and Ryan Workman (VP) in April.
- Management targets >$300M annual revenue within 5 years via three-pillar strategy.