Companies: 10,795·Total market cap: $144.5T
nLIGHT, Inc.

nLIGHT, Inc.

LASRNASDAQTechnology● Active
$66.77
+$0.92(+1.40%)
Market Cap$3.8B
P/E Ratio—
52W High$86.95
52W Low$16.87
Free Cash FlowFinancialsRevenue

nLIGHT, Inc. (LASR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LASR · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $12.3M for FY2025 (fiscal year ending 2025-12-31), up 219.5% year-over-year The FCF margin was 4.7%.

FY2025 Free Cash Flow$12.3M▲ +219.5% YoY
Trailing 12M (TTM)$22.2Mtrailing 4 quarters sum
FCF Margin4.7%$12.3M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
lasr free cash flow history · lasr free cash flow chart · lasr free cash flow growth rate · lasr free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$12.3M▲ +219.5%4.7%
FY2024−$10.3M▼ 316.6%-5.2%
FY2023$4.8M▲ +113.1%2.3%
FY2022−$36.3M▼ 25.0%-15.0%
FY2021−$29.0M▼ 156.5%-10.7%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
lasr free cash flow 2025 · lasr free cash flow 2024 · lasr free cash flow 2023 · lasr operating cash flow

FCF valuation metrics

nLIGHT, Inc. (LASR) trades at a FCF yield of 0.59% and a price-to-free-cash-flow ratio of 151.8x. FCF per share stands at $0.44, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
0.59%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$0.44
TTM FCF ÷ Shares Outstanding
Price / FCF
x151.8
Share Price ÷ FCF per Share
EV / FCF (TTM)
x158.6
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
lasr price to free cash flow · lasr free cash flow yield · lasr free cash flow per share · lasr price to cash flow ratio

Cash flow statement summary

For FY2025, nLIGHT, Inc. generated $21.3M in operating cash flow and spent 9M in capital expenditures, yielding $12.3M in free cash flow.

Operating Activities
+$21.3M
Cash from core business operations
2025-12-31
Investing Activities
−$8.8M
CapEx, acquisitions & investments
2025-12-31
Financing Activities
+$20.1M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($21.3M) − |CapEx| (9M) = FCF ($12.3M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
lasr cash flow statement · lasr cash flow statement 2025 · lasr operating cash flow · lasr cash flow from operations

Free cash flow vs peers (Technology)

#CompanyFree Cash FlowYoY
#1
nLIGHT, Inc.
nLIGHT, Inc.YOU
LASR
$12.3M+219.5%
#2
Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited
TSM
$1.10T+26.1%#3
Apple Inc.
Apple Inc.
AAPL
$98.77B-9.2%#4
NVIDIA Corporation
NVIDIA Corporation
NVDA
$96.68B+58.9%#5
Microsoft Corporation
Microsoft Corporation
MSFT
$71.61B-3.3%#6
Broadcom Inc.
Broadcom Inc.
AVGO
$26.91B+38.6%
Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

nLIGHT, Inc. (LASR) reported free cash flow of $12.3M for FY2025 (fiscal year ending 2025-12-31), up 219.5% year-over-year. The FCF margin was 4.7%.

Based on available data, nLIGHT, Inc. has maintained positive free cash flow for at least 3 fiscal year(s). FCF peaked at $12.3M in FY2025.

nLIGHT, Inc.'s FCF yield is 0.59% and price-to-FCF ratio is 151.8x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

LASR free cash flow · 8 questions

nLIGHT, Inc. free cash flow was $12.3M for FY2025, up 219.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $22.2M.

LASR free cash flowLASR FCFLASR FCF 2025LASR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · nLIGHT, Inc. · nLIGHT, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026