nLight

LASR

Technology Semiconductors

nLight’s revenue for fiscal 2025 (year ended December 2025) was $261.3 million, up 31.6% from fiscal 2024.

Revenue
+10.5%
EPS
+14.3%
Free cash flow
−817.2%
Total debt
−88.2%

Quarter to September 2026, against a year earlier

41.54 1.52 −3.53%
Market cap
$2.5B
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
6/9
ROIC
−8.99%
Net debt / EBITDA
10.9×
Dividend safety
n/a

nLight (LASR) EV/FCF

Alert me on EV/FCF

As of 13 November 2026, nLight (LASR) trades at a EV/FCF of 96.4×. Over the past ten years it has ranged from −240× (July 2021) to 1,479× (December 2023); the current reading is higher than 85% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 137× —
FY2024 −40.3× —
FY2023 106× —
FY2022 −10.2× —
FY2021 −30.3× —
FY2020 −102× —
FY2019 −36.9× —
FY2018 −40.8× —
FY2017 −13.7× —
FY2016 −13.7× —

Quarterly newest first

Period EV/FCF Change
Sep 2026 89.5× 2.65%
Jun 2026 87.2× (28.56%)
Mar 2026 122× (10.94%)
Dec 2025 137× —
35 more quarters

Against its own ten years

Low −240× High 1,479×
Ten-year median −26.9×
Current reading's percentile 85

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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