earnings
confidence high
sentiment positive
materiality 0.80
LightPath Technologies Reports Fiscal Q1 2026 Revenue of $15.1M, Up 79% YoY; Order Backlog Exceeds $90M
LIGHTPATH TECHNOLOGIES INC
2026-Q1 EPS reported
-$0.07
revenue$15,058,281
- Revenue grew 79% to $15.1M in Q1 FY2026; gross profit rose 58% to $4.5M; net loss widened to $2.9M from $1.6M a year ago.
- Received $4.8M purchase order for IR camera systems for public safety, plus $18.2M and $22.1M orders from a leading global tech customer.
- Secured $8.0M strategic investment from Ondas Holdings and Unusual Machines to support drone/UAV IR solutions.
- Appointed Mark Caylor, former Northrop Grumman Mission Systems President, to Board and Israel Piergiovanni as VP of Manufacturing.
- Adjusted EBITDA turned positive to $0.4M vs. -$0.2M a year ago; order backlog grew to over $90M.