LightPath Technologies, Inc. (LPTH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 19.15M | 16.35M | 15.06M | 12.21M | 9.17M | 7.42M | 8.4M | 8.63M | 7.7M | 7.32M | 8.08M | 9.68M | 7.41M | 8.47M | 7.37M | 8.91M | 8.31M | 9.24M | 9.1M | 8.33M |
| Revenue Growth % | 108.89% | 120.23% | 79.26% | 41.41% | 19.07% | 1.49% | 4% | -10.85% | 3.91% | -13.66% | 9.64% | 8.73% | -10.79% | -8.34% | -19.07% | 6.9% | -22.39% | -6.84% | -4.27% | -8.51% |
| Cost of Goods Sold | 12.67M | 10.78M | 10.58M | 9.52M | 6.5M | 5.49M | 5.56M | 6.11M | 6.09M | 5.15M | 5.75M | 6.6M | 4.87M | 5.25M | 5.13M | 6.1M | 5.27M | 6.44M | 5.93M | 6.27M |
| COGS % of Revenue | 66.17% | 65.94% | 70.23% | 77.96% | 70.94% | 73.99% | 66.14% | 70.76% | 79.14% | 70.36% | 71.13% | 68.19% | 65.78% | 61.94% | 69.68% | 68.47% | 63.47% | 69.71% | 65.16% | 75.24% |
| Gross Profit | 6.48M | 5.57M | 4.48M | 2.69M | 2.66M | 1.93M | 2.84M | 2.53M | 1.61M | 2.17M | 2.33M | 3.08M | 2.54M | 3.22M | 2.23M | 2.81M | 3.03M | 2.8M | 3.17M | 2.06M |
| Gross Margin % | 33.83% | 34.06% | 29.77% | 22.04% | 29.06% | 26.01% | 33.86% | 29.24% | 20.86% | 29.64% | 28.87% | 31.81% | 34.22% | 38.06% | 30.32% | 31.53% | 36.53% | 30.29% | 34.84% | 24.76% |
| Gross Profit Growth % | 143.2% | 188.47% | 57.59% | 6.56% | 65.86% | -10.95% | 21.99% | -18.05% | -36.65% | -32.75% | 4.38% | 9.7% | -16.44% | 15.16% | -29.57% | 36.11% | -22.27% | -22.88% | -17.62% | -41.22% |
| Operating Expenses | 6.64M | 5.81M | 6.99M | 7.33M | 5.99M | 4.42M | 4.22M | 4.73M | 4.19M | 3.95M | 3.58M | 3.88M | 3.5M | 3.78M | 3.47M | 3.59M | 3.49M | 3.78M | 3.58M | 4.81M |
| OpEx % of Revenue | 34.66% | 35.52% | 46.41% | 60.03% | 65.31% | 59.46% | 50.25% | 54.84% | 54.41% | 54.02% | 44.35% | 40.1% | 47.18% | 44.62% | 47.09% | 40.34% | 42.04% | 40.9% | 39.3% | 57.68% |
| Selling, General & Admin | 5.6M | 5.06M | 4.38M | 0 | 0 | 3.36M | 0 | 0 | 0 | 2.86M | 0 | 0 | 0 | 0 | 2.64M | 0 | 0 | 2.95M | 2.87M | 0 |
| SG&A % of Revenue | 29.22% | 30.94% | 29.11% | - | - | 45.2% | - | - | - | 39.07% | - | - | - | - | 35.81% | - | - | 31.88% | 31.52% | - |
| Research & Development | 1.04M | 748.83K | 867.43K | 1.06M | 757.94K | 764.4K | 476.44K | 582.82K | 569.96K | 607.75K | 639.89K | 615.67K | 513.69K | 466.16K | 549.88K | 516.31K | 590.4K | 551.96K | 427.01K | 545.02K |
| R&D % of Revenue | 5.44% | 4.58% | 5.76% | 8.72% | 8.27% | 10.3% | 5.67% | 6.75% | 7.4% | 8.31% | 7.92% | 6.36% | 6.93% | 5.5% | 7.46% | 5.8% | 7.11% | 5.97% | 4.69% | 6.54% |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 294.71K | 1000K | 1000K | 1000K | 485.45K | 1000K | 1000K | 1000K | 1000K | 281.27K | 1000K | 1000K | 281.27K | 281.27K | 1000K |
| Operating Income | -159.04K | -238.49K | -2.51M | -4.64M | -3.32M | -2.48M | -1.38M | -2.21M | -2.58M | -1.78M | -1.25M | -802.43K | -960.21K | -556.48K | -1.24M | -784.43K | -457.03K | -980.38K | -405.39K | -2.74M |
| Operating Margin % | -0.83% | -1.46% | -16.64% | -37.99% | -36.25% | -33.46% | -16.39% | -25.59% | -33.55% | -24.38% | -15.48% | -8.29% | -12.96% | -6.57% | -16.77% | -8.81% | -5.5% | -10.61% | -4.45% | -32.92% |
| Operating Income Growth % | 95.21% | 90.4% | -82% | -109.93% | -28.65% | -39.31% | -10.09% | -175.35% | -169.02% | -220.46% | -1.23% | -2.29% | -110.1% | 43.24% | -204.74% | 71.4% | -374.23% | -1836.36% | -159.79% | -530.03% |
| EBITDA | 1.1M | 997.25K | -1.29M | -3.85M | -1.86M | -1.58M | -387.25K | -1.15M | -1.54M | -653.88K | -437.07K | 12.59K | -181.55K | 208.06K | -419.08K | 69.69K | 467.19K | -51.94K | 505.57K | -1.84M |
| EBITDA Margin % | 5.76% | 6.1% | -8.55% | -31.5% | -20.29% | -21.28% | -4.61% | -13.28% | -20.01% | -8.94% | -5.41% | 0.13% | -2.45% | 2.46% | -5.69% | 0.78% | 5.63% | -0.56% | 5.55% | -22.11% |
| EBITDA Growth % | 159.35% | 163.11% | -232.3% | -235.32% | -20.76% | -141.68% | 11.4% | -9210.8% | -748.46% | -414.27% | -4.29% | -81.94% | -138.86% | 500.55% | -182.89% | 103.78% | -56.9% | -105.64% | -66.39% | -224.88% |
| D&A (Non-Cash Add-back) | 1.26M | 1.24M | 1.22M | 792.49K | 1.46M | 904.04K | 989.56K | 1.06M | 1.04M | 1.13M | 813.56K | 815.02K | 778.67K | 764.55K | 816.33K | 854.12K | 924.22K | 928.44K | 910.96K | 900.96K |
| EBIT | -159.04K | -238.49K | -2.54M | -1.96M | -3.32M | -2.4M | -1.3M | -1.4M | -2.57M | -1.58M | -1.17M | -824.89K | -1.02M | -553.74K | -1.21M | -775.53K | -456.69K | -969.56K | -456.48K | -2.19M |
| Net Interest Income | -271.64K | -285.02K | -268.85K | -312.97K | -486.83K | -169.05K | -149.36K | -42.81K | -37.65K | -53.79K | -57.61K | -54.56K | -77.09K | -81.24K | -70.37K | -78.41K | -54.98K | -50.33K | -45.75K | -48.86K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 271.64K | 285.02K | 268.85K | 312.97K | 486.83K | 169.05K | 149.36K | 42.81K | 37.65K | 53.79K | 57.61K | 54.56K | 77.09K | 81.24K | 70.37K | 78.41K | 54.98K | 50.33K | 45.75K | 48.86K |
| Other Income/Expense | -3.86M | -9.14M | -305.95K | -2.54M | -159.14K | -83.13K | -230.3K | -198.17K | -8.54K | 145.72K | -52.21K | 5.21K | -137.77K | -82.58K | -43.15K | -40.78K | 125.09K | -39.51K | -96.83K | -219.96K |
| Pretax Income | -4.01M | -9.37M | -2.81M | -7.18M | -3.48M | -2.57M | -1.61M | -2.41M | -2.59M | -1.64M | -1.3M | -797.22K | -1.1M | -639.06K | -1.28M | -825.21K | -331.94K | -1.02M | -502.22K | -2.96M |
| Pretax Margin % | -20.97% | -57.33% | -18.67% | -58.79% | -37.99% | -34.58% | -19.13% | -27.89% | -33.66% | -22.38% | -16.13% | -8.23% | -14.82% | -7.54% | -17.36% | -9.26% | -4% | -11.03% | -5.52% | -35.56% |
| Income Tax | 91.39K | 30.56K | 81.27K | -122.4K | 100.03K | 44.52K | 15.64K | -53.91K | 5.8K | 76.06K | 39.55K | 11.62K | 65.28K | 55K | 102.13K | 534.58K | 163.06K | 35.4K | 129.87K | -49.67K |
| Effective Tax Rate % | -2.28% | -0.33% | -2.89% | 1.71% | -2.87% | -1.73% | -0.97% | 2.24% | -0.22% | -4.64% | -3.04% | -1.46% | -5.95% | -8.61% | -7.99% | -64.78% | -49.12% | -3.47% | -25.86% | 1.68% |
| Net Income | -4.11M | -9.41M | -2.89M | -7.06M | -3.58M | -2.61M | -1.62M | -2.35M | -2.6M | -1.71M | -1.34M | -808.84K | -1.16M | -694.06K | -1.38M | -1.36M | -495K | -1.06M | -632.1K | -2.91M |
| Net Margin % | -21.44% | -57.52% | -19.21% | -57.79% | -39.08% | -35.18% | -19.32% | -27.26% | -33.74% | -23.42% | -16.62% | -8.35% | -15.7% | -8.19% | -18.74% | -15.27% | -5.96% | -11.42% | -6.94% | -34.96% |
| Net Income Growth % | -14.62% | -260.08% | -78.28% | -199.77% | -37.92% | -52.42% | -20.89% | -191.01% | -123.3% | -146.9% | 2.78% | 40.52% | -135% | 34.23% | -118.43% | 53.32% | -122.41% | -620.11% | -751.19% | -543.44% |
| Net Income (Continuing) | -4.11M | -9.41M | -2.89M | -7.06M | -3.58M | -2.61M | -1.62M | -2.35M | -2.6M | -1.71M | -1.34M | -808.84K | -1.16M | -694.06K | -1.38M | -1.36M | -495K | -1.06M | -632.1K | -2.91M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.07 | -0.20 | -0.07 | -0.17 | -0.09 | -0.07 | -0.04 | -0.06 | -0.07 | -0.05 | -0.04 | -0.02 | -0.03 | -0.03 | -0.05 | -0.05 | -0.02 | -0.04 | -0.02 | -0.11 |
| EPS Growth % | 22.22% | -204.41% | -67% | -180.53% | -28.57% | -31.4% | 0% | -203% | -133.33% | -66.67% | 20% | 60% | -50% | 25% | -150% | 54.55% | -100% | - | - | -650% |
| EPS (Basic) | -0.07 | -0.20 | -0.07 | -0.16 | -0.09 | -0.07 | -0.04 | -0.06 | -0.07 | -0.05 | -0.04 | -0.02 | -0.03 | -0.03 | -0.05 | -0.05 | -0.02 | -0.04 | -0.02 | -0.11 |
| Diluted Shares Outstanding | 58.63M | 47M | 43.29M | 42.88M | 41.36M | 39.73M | 39.56M | 38.85M | 37.99M | 37.5M | 37.43M | 37.32M | 35.12M | 27.17M | 27.07M | 27.04M | 27.03M | 27.01M | 26.99M | 26.8M |
| Basic Shares Outstanding | 58.63M | 47M | 43.29M | 42.88M | 41.36M | 39.73M | 39.56M | 37.94M | 37.99M | 37.5M | 37.43M | 37.32M | 35.12M | 27.17M | 27.07M | 27.04M | 27.03M | 27.01M | 26.99M | 26.8M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |