Saturday 17 October 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. In the quarter to June 2026, revenue grew 73.3%, EPS grew 62.5%, free cash flow fell 171.9% and total debt fell 89.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
7.66
0.54
−6.59%
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| Jun '17 | Jun '18 | Jun '19 | Jun '20 | Jun '21 | Jun '22 | Jun '23 | Jun '24 | Jun '25 | Jun '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
3 | 4 | 3 | 7 | 4 | 3 | 4 | 3 | 2 | 5 |
P/E ratio |
7.84 | 46.00 | 0.00 | 83.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z-Score |
(2.72) | (1.80) | (3.90) | (0.58) | (2.36) | (3.90) | (3.25) | (4.37) | (2.67) | 10.62 |
P/S ratio |
1.90 | 1.77 | 0.72 | 2.47 | 1.74 | 0.93 | 1.30 | 1.57 | 3.38 | 12.17 |
Altman Z″-Score (non-manufacturers) |
(9.31) | (8.41) | (9.50) | (8.50) | (9.03) | (10.61) | (9.13) | (12.93) | (9.05) | 2.13 |
P/FCF ratio |
19.46 | 567.76 | 0.00 | 58.46 | 42.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
31.28 | (2.45) | (2.65) | (2.81) | (3.19) | (2.78) | (2.29) | (3.49) | (2.18) | (2.19) |
P/Operating CF |
26.11 | (1,071.02) | 62.93 | 46.35 | 40.37 | 29.90 | (22.61) | 768.28 | (47.51) | (170.82) |
P/B ratio |
1.82 | 1.63 | 0.72 | 2.50 | 1.99 | 1.12 | 1.19 | 1.65 | 8.05 | 5.84 |
Price to Tangible BV |
4.00 | 2.81 | 1.23 | 3.92 | 3.02 | 1.71 | 1.60 | 2.51 | 0.00 | 7.72 |
EV/Sales |
2.01 | 1.79 | 0.77 | 2.48 | 1.69 | 0.90 | 1.17 | 1.49 | 3.40 | 10.88 |
EV/EBITDA |
9.18 | 15.31 | 11.13 | 15.51 | 38.87 | 32.26 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
11.42 | 22.20 | 62.90 | 23.22 | 13.70 | 21.83 | (13.70) | 90.77 | (15.17) | (76.29) |
EV/FCF |
20.57 | 573.88 | (30.89) | 58.67 | 41.20 | (196.65) | (6.78) | (36.46) | (13.19) | (48.70) |
Quick Ratio |
2.44 | 2.06 | 1.76 | 1.58 | 1.37 | 1.39 | 2.02 | 1.05 | 0.84 | 4.14 |
Current Ratio |
3.43 | 3.34 | 3.09 | 2.87 | 2.45 | 2.35 | 3.18 | 1.93 | 1.66 | 4.96 |
Net Debt/EBITDA |
0.50 | 0.16 | 0.70 | 0.06 | (1.21) | (1.29) | 11.13 | 0.64 | (0.07) | 6.38 |
Debt/Assets |
23.96% | 15.13% | 13.53% | 11.98% | 8.71% | 8.34% | 5.45% | 2.21% | 6.62% | 0.30% |
Debt/Equity |
0.38 | 0.20 | 0.19 | 0.16 | 0.14 | 0.14 | 0.08 | 0.04 | 0.35 | 0.00 |
Asset Turnover |
0.91 | 0.69 | 0.73 | 0.75 | 0.75 | 0.68 | 0.63 | 0.62 | 0.57 | 0.52 |
Operating CF/Net income |
0.65 | 2.47 | (0.15) | 4.31 | (1.49) | (0.41) | 0.69 | (0.07) | 0.56 | 0.50 |
Capex/Depreciation |
(1.07) | (0.74) | (0.36) | (0.66) | (0.90) | (0.45) | (0.90) | (0.45) | (0.30) | (1.13) |
Interest Coverage |
10.01 | 2.00 | (1.64) | 6.32 | (8.55) | (11.45) | (12.55) | (40.79) | (10.57) | 1,228.39 |
| 37.90% | 3.26% | (7.79%) | 2.55% | (9.35%) | (11.19%) | (12.32%) | (24.21%) | (64.89%) | (24.89%) | |
| 24.74% | 2.26% | (5.76%) | 1.85% | (6.23%) | (6.73%) | (7.76%) | (15.76%) | (22.95%) | (14.91%) | |
ROIC |
7.88% | 0.65% | (2.03%) | 3.84% | (3.65%) | (5.77%) | (7.00%) | (17.61%) | (45.71%) | (21.61%) |
Return on Tangible Assets |
31.71% | 4.17% | (10.73%) | 3.38% | (12.47%) | (16.05%) | (14.59%) | (35.26%) | (54.81%) | (16.69%) |
Average Days of Receivables |
76.16 | 60.79 | 71.00 | 65.98 | 45.49 | 53.49 | 73.53 | 56.71 | 92.77 | 76.91 |
Research and Development Expense of Revenue |
4.36% | 4.98% | 5.98% | 4.90% | 5.63% | 5.87% | 6.51% | 7.57% | 8.24% | 5.28% |
Selling, General and Administrative Expense of Revenue |
30.50% | 28.34% | 31.11% | 25.63% | 31.17% | 31.56% | 34.73% | 38.76% | 42.51% | 34.38% |
Intangible Assets out of Total Assets |
0.35 | 0.32 | 0.30 | 0.26 | 0.21 | 0.20 | 0.17 | 0.22 | 0.36 | 0.19 |
Share Based Compensation of Revenue |
1.39% | 1.15% | 1.17% | 0.72% | 1.67% | 2.32% | 3.98% | 3.21% | 2.80% | 3.99% |
Graham Net Nets |
0.05 | 0.13 | 0.29 | 0.10 | 0.00 | (0.08) | 0.10 | (0.05) | (0.30) | 0.10 |
Graham Number |
3.39 | 1.26 | 0.00 | 1.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
12.75% | 2.17% | (10.96%) | 1.20% | (4.80%) | (10.57%) | (9.63%) | (16.79%) | (11.69%) | (2.45%) |
Free Cash Flow Yield |
5.14% | 0.18% | (3.45%) | 1.71% | 2.35% | (0.49%) | (13.29%) | (2.61%) | (7.61%) | (1.84%) |
Revenue per Share |
1.42 | 1.30 | 1.31 | 1.35 | 1.46 | 1.32 | 1.04 | 0.84 | 0.91 | 1.34 |
Operating CF per Share |
0.25 | 0.10 | 0.02 | 0.14 | 0.18 | 0.05 | (0.09) | 0.01 | (0.20) | (0.19) |
Capex per Share |
(0.11) | (0.10) | (0.05) | (0.09) | (0.12) | (0.06) | (0.09) | (0.05) | (0.03) | (0.11) |
Free Cash Flow per Share |
0.14 | 0.00 | (0.03) | 0.06 | 0.06 | (0.01) | (0.18) | (0.03) | (0.23) | (0.30) |
Cash per Share |
0.40 | 0.26 | 0.18 | 0.21 | 0.26 | 0.20 | 0.23 | 0.09 | 0.12 | 1.75 |
Shareholders Equity per Share |
1.49 | 1.41 | 1.30 | 1.34 | 1.28 | 1.10 | 1.14 | 0.80 | 0.38 | 2.80 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
1.49 | 1.41 | 1.30 | 1.34 | 1.28 | 1.10 | 1.14 | 0.80 | 0.38 | 2.80 |
Free Cash Flow |
2.78 | 0.10 | (0.84) | 1.48 | 1.57 | (0.16) | (5.68) | (1.30) | (9.58) | (16.02) |
Working Capital |
13.97 | 13.59 | 13.25 | 13.85 | 12.25 | 10.44 | 14.93 | 7.50 | 11.27 | 103.72 |
Capital Expenditures |
(2.22) | (2.52) | (1.25) | (2.26) | (3.16) | (1.63) | (2.87) | (1.82) | (1.25) | (5.79) |
Net Current Asset Value |
2.77 | 7.63 | 7.09 | 8.25 | (0.33) | (2.81) | 4.18 | (2.35) | (37.49) | 85.36 |
EV/EBIT |
13.79 | 155.60 | 0.00 | 40.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.08 | 0.08 | 0.04 | 0.06 | 0.08 | 0.05 | 0.09 | 0.06 | 0.03 | 0.08 |
Price to Operating Income |
13.04 | 153.94 | 0.00 | 40.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.20 | 0.29 | 0.30 | 0.29 | 0.26 | 0.31 | 0.25 | 0.27 | 0.27 | 0.26 |
Cash ROIC |
5.67% | 0.21% | (1.89%) | 3.24% | 3.49% | (0.41%) | (12.34%) | (3.73%) | (36.97%) | (6.58%) |
Accounts Receivable Turnover |
5.86 | 5.74 | 5.63 | 5.43 | 6.92 | 7.11 | 5.56 | 5.49 | 5.17 | 5.84 |
Accounts Payable Turnover |
9.42 | 11.21 | 9.97 | 8.83 | 9.13 | 7.92 | 7.74 | 7.96 | 5.08 | 6.08 |
Inventory Turnover |
3.06 | 3.48 | 3.01 | 2.53 | 2.84 | 3.04 | 3.04 | 3.31 | 2.79 | 2.98 |
Average Days of Payables |
41.08 | 37.10 | 38.30 | 44.21 | 42.67 | 47.25 | 42.98 | 51.07 | 100.06 | 61.10 |
Days of Inventory on Hand |
135.71 | 116.90 | 132.12 | 155.23 | 126.34 | 107.38 | 123.74 | 103.54 | 173.37 | 143.13 |
Average Receivables |
4.84 | 5.67 | 5.99 | 6.44 | 5.56 | 5.00 | 5.92 | 5.78 | 7.19 | 12.28 |
Average Payables |
1.45 | 1.78 | 2.13 | 2.39 | 2.74 | 3.00 | 2.82 | 2.90 | 5.33 | 7.55 |
Average Inventory |
4.46 | 5.74 | 7.04 | 8.33 | 8.82 | 7.82 | 7.20 | 6.98 | 9.70 | 15.43 |
Average Assets |
31.13 | 46.89 | 46.55 | 46.77 | 51.09 | 52.66 | 52.13 | 50.81 | 64.80 | 137.76 |
Average Common Equity |
20.33 | 32.54 | 34.41 | 34.01 | 34.07 | 31.65 | 32.84 | 33.08 | 22.92 | 82.56 |
Columns are period end dates