Pricing Log in Create free account
Friday 6 November 2026 Export LPTH’s income statement to Excel — free account

LightPath Technologies, Inc.

LPTH Technology Electronic Components

LightPath Technologies, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $71.7 million, up 92.8% from fiscal 2025.

Revenue
+73.3%
EPS
+62.5%
Free cash flow
−171.9%
Total debt
−89.3%

Quarter to June 2026, against a year earlier

6.23 0.87 −12.25%
Market cap
$431.1M
P/E
0.0×
Fwd P/E
−1,620×
Dividend yield
—
F-score
5/9
Altman Z
10.62
Beneish M
−2.19
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.00
Sold, $m 90.07
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 1 — — — — — — — —
Sell — 1 2 3 — 2 1 — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 431.05
Revenue ttm 71.72
Net income ttm (20.55)
Free cash flow ttm (16.02)
Net debt Q (92.62)
Valuation
P/E 0.00
Forward P/E (1,620.00) (negative: loss-making)
Price / sales 4.64
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.22
Financial health
Current ratio Q 4.96 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 14.42
Growth
Revenue growth Q +73.32% (above 0%: growing)
Operating income growth Q +4.64% (above 0%: growing)
EPS, this year +82.24% (at or above 15%: strong)
EPS, next year A +258.03% (at or above 15%: strong)
Revenue, next year A +49.47% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.3×, against a ten-year median of 1.6×; over the ten years it ranged from 0.5× in 2019 to 15.0× in 2026.
P/S against its own 10 years 88.78%
10-year low 10-year high
P/B against its own 10 years 66.63%
10-year low 10-year high
EV/Sales against its own 10 years 85.63%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 7 3 5 93
Receivables 7 5 9 15
Inventory 7 7 13 18
Other 1 0 0 0
22 16 28 130
2023 2024 2025 2026
Payables 3 3 7 8
ST’ Debt 1 0 0 0
Other — — — —
7 8 17 26

Compound Annual Growth %

10y 5y 3y
Sales 15.30% 13.27% 29.62%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 29.89% 34.80% 60.80%

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate −0.02 Actual −0.02

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 −0.06 −0.05 Beat by 0.01
Q2 FY26 −0.04 −0.03 Beat by 0.01
Q3 FY26 −0.02 −0.02 Met by 0.00
Q4 FY26 −0.02 −0.02 Met by 0.00
Q1 FY27 −0.02 — Reports 10 November 2026

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 (0.07) (0.20) (0.07) (0.06) (0.38)
’25 (0.04) (0.07) (0.09) (0.16) (0.36)
’24 (0.04) (0.05) (0.07) (0.06) (0.21)
’23 (0.05) (0.03) (0.03) (0.02) (0.13)
’22 (0.02) (0.04) (0.02) (0.05) (0.13)
’21 0.00 (0.01) (0.01) (0.11) (0.12)
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 15 16 19 21 72
’25 8 7 9 12 37
’24 8 7 8 9 32
’23 7 8 7 10 33
’22 9 9 8 9 36
’21 10 10 11 8 38
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (1) 3 (7) (5) (10)
’25 (2) (1) (3) (3) (8)
’24 1 0 0 0 1
’23 0 0 0 (2) (3)
’22 (2) 1 1 1 1
’21 1 1 2 2 5
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 (1) 2 (8) (9) (16)
’25 (2) (1) (4) (3) (10)
’24 1 (1) (1) 0 (1)
’23 (1) (1) (2) (2) (6)
’22 (3) 1 0 1 0
’21 (1) 0 1 1 2
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 28 33 34 35 38 36 33 32 37 72 +10.9% 107 152 — +45.6%
Gross margin, % 51.89 38.52 37.09 39.59 34.96 33.23 33.63 27.21 27.23 35.98 (15.9) pt
EBT 3 0 (2) 2 (2) (3) (4) (8) (15) (20) n/m
EBT margin, % 11.85 0.72 (6.59) 4.66 (5.85) (7.53) (11.58) (25.03) (39.88) (28.21) (40.1) pt
Net income 8 1 (3) 1 (3) (4) (4) (8) (15) (21) n/m
Per share, $
Per share, $ Revenue 1.42 1.30 1.31 1.35 1.46 1.32 1.04 0.84 0.91 1.34 (0.6%)
Earnings 0.39 0.04 (0.10) 0.03 (0.12) (0.13) (0.13) (0.21) (0.36) (0.38) n/m
Cash flow 0.25 0.10 0.02 0.14 0.18 0.05 (0.09) 0.01 (0.20) (0.19) n/m
Capex (0.11) (0.10) (0.05) (0.09) (0.12) (0.06) (0.09) (0.05) (0.03) (0.11) (0.3%)
Free cash flow 0.14 0.00 (0.03) 0.06 0.06 (0.01) (0.18) (0.03) (0.23) (0.30) n/m
Book value 1.49 1.41 1.30 1.34 1.28 1.10 1.14 0.80 0.38 2.80 +7.3%
Shares, m 20 25 26 26 26 27 32 38 41 53 +11.5%
Valuation, ×
Valuation, × P/E 7.84 46.00 0.00 83.50 0.00 0.00 0.00 0.00 0.00 0.00 13.7
P/S 1.90 1.77 0.72 2.47 1.74 0.93 1.30 1.57 3.38 12.17 2.8
P/B 1.82 1.63 0.72 2.50 1.99 1.12 1.19 1.65 8.05 5.84 2.6
EV/Sales 2.01 1.79 0.77 2.48 1.69 0.90 1.17 1.49 3.40 10.88 2.7
EV/FCF 20.57 573.88 (30.89) 58.67 41.20 (196.65) (6.78) (36.46) (13.19) (48.70) 36.2
Cash, $m
Cash, $m Operating cash flow 5 3 0 4 5 1 (3) 1 (8) (10) n/m
Capex (2) (3) (1) (2) (3) (2) (3) (2) (1) (6) +11.2%
Free cash flow 3 0 (1) 1 2 0 (6) (1) (10) (16) n/m
Balance, $m
Balance, $m Working capital 14 14 13 14 12 10 15 8 11 104 +25.0%
Net debt 3 1 2 0 (2) (1) (4) (2) 1 (93) n/m
Shareholders’ equity 30 35 33 35 34 30 36 30 16 149 +19.7%
Returns, %
Returns, % ROA 24.74 2.26 (5.76) 1.85 (6.23) (6.73) (7.76) (15.76) (22.95) (14.91) (39.6) pt
ROIC 7.88 0.65 (2.03) 3.84 (3.65) (5.77) (7.00) (17.61) (45.71) (21.61) (29.5) pt
ROE 37.90 3.26 (7.79) 2.55 (9.35) (11.19) (12.32) (24.21) (64.89) (24.89) (62.8) pt
People
People Employees 321 342 350 372 361 334 327 316 350 425 +3.2%
Revenue/emp, $m 0.09 0.10 0.10 0.09 0.11 0.11 0.10 0.10 0.11 0.17 +7.5%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

LightPath Technologies, Inc. vs peers in Electronic Components (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ALNT Allient Inc. $1.3B 34.4× 41.9× +18.49% (above 0%: growing) +133.33% (above 0%: growing) −158.02% (below 0%: shrinking) 36.61% 13.56% Compare
DAKT Daktronics, Inc. $925.3M 19.5× 16.5× +7.12% (above 0%: growing) +17.65% (above 0%: growing) +24.97% (above 0%: growing) 30.52% 10.63% Compare
LYTS LSI Industries Inc. $663.7M 26.0× 23.8× +51.30% (above 0%: growing) −29.63% (below 0%: shrinking) +14.69% (above 0%: growing) 24.47% 6.18% Compare
KOPN Kopin Corporation $511.2M 62.8× — (loss-making) +50.62% (above 0%: growing) n/m −66.44% (below 0%: shrinking) 48.27% (27.51%) Compare
LPTH LightPath Technologies, Inc. $431.1M — (loss-making) — (loss-making) +73.32% (above 0%: growing) n/m −171.87% (below 0%: shrinking) 39.44% (20.31%)
MEI Methode Electronics, Inc. $362.2M — (loss-making) — (loss-making) +10.35% (above 0%: growing) n/m −156.48% (below 0%: shrinking) 17.97% (1.47%) Compare
MPTI M-tron Industries, Inc. $249.1M 19.7× 29.6× +13.76% (above 0%: growing) −16.36% (below 0%: shrinking) +35.44% (above 0%: growing) 41.21% 11.38% Compare
RELL Richardson Electronics, Ltd. $242.7M 28.1× 25.3× +18.89% (above 0%: growing) +115.38% (above 0%: growing) +1,121.05% (above 0%: growing) 34.64% 7.88% Compare
OPTX Syntec Optics Holdings, Inc. $151.7M — (loss-making) — +26.14% (above 0%: growing) n/m −96.13% (below 0%: shrinking) 25.90% 3.88% Compare
Median of peers $436.7M 27.0× 25.3× +18.69% +17.65% −25.87% 32.58% 7.03%

All 44 Electronic Components stocks →

Pay and ownership Proxy statement filed 28 October 2025

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 692.88k 1.27m 137,800.00
2024 478.04k 460.89k 49,210.00
2023 553.72k 471.62k 53,940.00

Ownership

Directors and executive officers, together 24.30% of the votes
Thomas B. Ellis, Director 22.00% of the votes
North Run Affiliated Funds 22.00% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

LightPath Technologies, Inc. (LPTH) Latest News

5 Nov

Impact 3 · · ACCESS Newswire

27 Oct

Impact 4 · · Stocktwits
Impact 4 · · ACCESS Newswire

26 Oct

Impact 3 · · Investing.com

13 Oct

Impact 4 · · ACCESS Newswire

7 Oct

Impact 4 · · ACCESS Newswire

21 Sep

Impact 4 · · ACCESS Newswire

17 Sep

Impact 4 ·

15 Sep

Impact 4 · · MarketBeat

13 Sep

Impact 4 ·

11 Sep

Impact 4 · transcript
Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby

10 Sep

Impact 4 ·
Impact 3 · · MarketBeat transcript
Impact 3 ·

23 Jul

Impact 4 ·
Impact 4 ·

22 Jul

Impact 4 ·
Impact 4 ·

15 Jul

Impact 4 · · InvestorsHub
Impact 4 ·

30 Jun

Impact 3 ·

29 Jun

Impact 3 ·

2 Jun

Impact 4 · · PR Newswire

20 May

Impact 3 · · Simply Wall St.

13 May

Impact 4 · · Simply Wall St.

11 May

Impact 4 · · Simply Wall St.

8 May

Impact 4 · · The Motley Fool transcript
Impact 3 · · Moby
stockrow.com/LPTH · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com