LENSAR, Inc.

LNSR Healthcare Medical Devices

LENSAR, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $58.4 million, up 9.24% from fiscal 2024. In the quarter to June 2026, revenue grew 18.4%, EPS grew 291.7% and free cash flow grew 96.8%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

5.80 0.23 −3.81%
Market cap
$74.1M
P/E
2.0×
Fwd P/E
7.1×
Dividend yield
—
F-score
3/9
Altman Z
−2.84
Beneish M
−4.30
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17
Piotroski F-Score
3 3 5 4 4 5 — — —
P/E ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
P/S ratio
2.38 1.92 1.05 0.78 1.63 1.27 2.53 2.53 —
Altman Z-Score
(2.84) (1.26) (0.99) (1.22) 1.47 0.98 — — —
P/FCF ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
Altman Z″-Score (non-manufacturers)
(10.13) (5.37) (2.17) (2.32) 2.74 6.10 (4.79) (4.33) —
P/Operating CF
225.03 28.16 (92.34) (5.83) (75.98) (16.78) (1,221.55) (1,221.55) —
Beneish M-Score
(4.30) (4.13) (2.94) (2.80) (2.17) (3.34) (2.95) — —
P/B ratio
0.00 21.18 1.33 0.66 1.02 0.50 0.97 0.97 —
Price to Tangible BV
0.00 0.00 1.98 0.93 1.28 0.61 1.19 1.19 —
EV/Sales
2.18 1.62 0.63 0.55 0.89 (0.03) 1.16 1.16 —
EV/EBITDA
0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.00 —
EV/Operating CF
(8.59) (38.17) (2.75) (1.30) (3.44) 0.06 (1.66) (1.66) —
EV/FCF
(8.54) (35.72) (2.69) (1.29) (3.31) 0.06 (1.63) (1.63) —
Quick Ratio
0.60 1.90 2.41 1.81 4.16 5.03 1.02 0.87 —
Current Ratio
1.15 2.80 3.99 2.95 5.14 6.90 2.19 1.53 —
Net Debt/EBITDA
0.89 3.22 2.76 0.88 1.87 2.55 (1.76) (0.63) —
Debt/Assets
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 58.49% 21.88% 0.00%
Debt/Equity
0.00 0.00 0.00 0.00 0.00 0.00 (0.66) (0.31) —
Asset Turnover
0.85 0.79 0.67 0.58 0.47 0.46 0.96 1.69 —
Operating CF/Net income
0.43 0.07 0.67 0.75 0.46 0.70 0.86 0.13 —
Capex/Depreciation
(0.02) (0.04) (0.07) (0.03) (0.13) (0.13) (0.54) (0.71) —
Interest Coverage
— — — (1,186.88) — (13.81) (6.35) (2.81) —
ROE
324.05% (164.03%) (38.14%) (41.12%) (32.11%) (107.89%) 57.46% 55.06% —
ROA
(49.78%) (46.22%) (22.93%) (32.56%) (26.93%) (34.80%) (46.22%) (97.24%) —
ROIC
0.00% 0.00% (81.61%) (46.18%) (52.85%) (43.45%) 0.00% 0.00% —
Return on Tangible Assets
(511.49%) (113.62%) (40.53%) (87.12%) (53.18%) (38.96%) (145.49%) (293.44%) —
Average Days of Receivables
39.83 41.52 34.64 62.35 49.13 27.84 40.46 49.42 —
Research and Development Expense of Revenue
9.62% 9.96% 14.56% 33.41% 35.86% 28.63% 24.79% 11.42% —
Selling, General and Administrative Expense of Revenue
77.28% 49.52% 61.90% 76.84% 69.32% 90.09% 56.17% 66.19% —
Intangible Assets out of Total Assets
0.07 0.09 0.16 0.22 0.16 0.15 0.39 0.43 0.00
Share Based Compensation of Revenue
5.38% 4.98% 13.14% 18.70% 19.93% 34.28% 0.33% 0.50% —
Graham Net Nets
(0.36) (0.19) 0.23 0.72 0.59 1.39 0.72 0.72 —
Graham Number
11.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
Earnings Yield
(24.94%) (30.43%) (32.89%) (72.16%) (34.89%) (125.07%) (94.64%) (94.64%) —
Free Cash Flow Yield
(10.72%) (2.36%) (22.32%) (53.98%) (16.60%) (42.14%) (28.07%) (28.07%) —
Revenue per Share
4.89 4.64 3.84 3.48 3.68 5.71 28.53 22.79 —
Operating CF per Share
(1.24) (0.20) (0.88) (1.46) (0.96) (2.98) (11.77) (1.76) —
Capex per Share
(0.01) (0.01) (0.02) (0.01) (0.04) (0.07) (1.95) (3.04) —
Free Cash Flow per Share
(1.25) (0.21) (0.90) (1.47) (0.99) (3.05) (13.72) (4.80) —
Cash per Share
1.50 1.95 2.19 1.44 3.38 8.79 4.31 3.13 —
Shareholders Equity per Share
(2.18) 0.42 3.05 4.13 5.85 14.54 (28.55) (19.13) —
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
Book value per Share
(2.18) 0.42 3.05 4.13 5.85 14.54 (28.55) (19.13) —
Free Cash Flow
(14.91) (2.43) (9.89) (14.97) (9.32) (14.12) (14.68) (5.13) —
Working Capital
6.20 26.98 34.81 22.30 36.10 49.92 9.35 4.09 —
Capital Expenditures
(0.08) (0.16) (0.24) (0.11) (0.35) (0.33) (2.09) (3.25) —
Net Current Asset Value
(50.68) (19.46) 10.29 19.86 33.23 46.48 (47.91) (37.60) —
EV/EBIT
0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 —
Capex to Sales
0.00 0.00 0.01 0.00 0.01 0.01 0.07 0.13 —
Price to Operating Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
Other line items
Depreciation/Fixed assets
8.56 5.54 5.16 6.05 3.66 3.08 5.37 6.57 —
Cash ROIC
185.47% (8.90%) (17.21%) (26.42%) (10.78%) (13.09%) 255.80% 47.53% —
Accounts Receivable Turnover
9.38 10.61 8.40 6.62 10.36 9.78 9.13 6.37 —
Accounts Payable Turnover
2.51 5.53 4.47 3.80 6.43 6.07 11.58 9.13 —
Inventory Turnover
1.90 2.04 1.54 1.69 1.67 1.14 2.85 2.25 —
Average Days of Payables
221.26 79.16 69.46 128.48 59.14 73.58 33.27 37.78 —
Days of Inventory on Hand
250.85 150.90 271.95 278.20 142.43 399.58 170.15 108.70 —
Average Receivables
6.23 5.04 5.02 5.34 3.33 2.70 3.34 3.83 —
Average Payables
12.49 5.00 4.71 4.06 2.59 2.03 1.49 1.49 —
Average Inventory
16.47 13.56 13.71 9.11 9.98 10.77 6.06 6.06 —
Average Assets
68.86 67.94 62.71 61.15 72.79 56.83 31.71 14.44 —
Average Common Equity
(10.58) 19.15 37.71 48.43 61.04 18.33 (25.51) (25.51) —

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Columns are period end dates