14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $37M | -$15M | 27.2% | -31.8% | -$10M | $5M | $5M |
| 2024 | $32M | -$8M | 27.2% | -24.7% | -$2M | $535050 | — |
| 2023 | $33M | -$4M | 33.6% | -10.8% | -$6M | $3M | $5M |
| 2022 | $36M | -$4M | 33.2% | -7.4% | -$162486 | $3M | $6M |
| 2021 | $38M | -$3M | 35.0% | -4.8% | $2M | $5M | $7M |
| 2020 | $35M | $866929 | 39.6% | 6.1% | $1M | $5M | $5M |
| 2019 | $34M | -$3M | 37.1% | -3.4% | -$2M | $6M | $5M |
| 2018 | $33M | $1M | 38.5% | 1.1% | $101303 | $7M | $6M |
| 2017 | $28M | $8M | 51.9% | 14.6% | $3M | $11M | $8M |
| 2016 | — | $1M | — | — | $394615 | — | $3M |
| 2015 | — | -$715280 | — | — | -$606616 | — | $2M |
| 2014 | — | -$313249 | — | — | -$2M | — | $1M |
| 2013 | — | $215322 | — | — | -$541314 | — | $2M |
| 2012 | — | -$864867 | — | — | -$222859 | — | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $19M | -$4M | 36.3% | -22.2% | -$8M | — | $55M |
| Dec '25 | $16M | -$9M | 36.8% | -52.6% | $2M | — | $74M |
| Sep '25 | — | -$3M | — | — | -$1M | $5M | — |
| Jun '25 | — | -$7M | — | — | -$3M | $5M | $5M |
| Mar '25 | $9M | -$4M | 29.1% | -37.7% | -$4M | $5M | — |
| Dec '24 | $7M | -$3M | 26.0% | -33.5% | -$817838 | $222829 | — |
| Sep '24 | — | -$2M | — | — | -$2M | $284881 | — |
| Jun '24 | — | -$2M | — | — | -$225451 | $535050 | — |
| Mar '24 | — | -$3M | — | — | -$802485 | $599437 | — |
| Dec '23 | — | -$2M | — | — | -$818819 | $2M | $4M |
| Sep '23 | — | -$1M | — | — | $184987 | $3M | $4M |
| Jun '23 | — | -$808840 | — | — | -$3M | $3M | $5M |
| Mar '23 | — | -$1M | — | — | -$2M | $3M | — |
| Dec '22 | — | -$694061 | — | — | -$504529 | $4M | $4M |
| Sep '22 | — | -$1M | — | — | -$658748 | $4M | $4M |
| Jun '22 | — | -$1M | — | — | $977784 | $3M | $6M |
| Mar '22 | — | -$495003 | — | — | $334475 | $4M | $5M |
| Dec '21 | — | -$1M | — | — | $1M | $5M | $5M |
| Sep '21 | — | -$632097 | — | — | -$3M | $5M | $4M |
| Jun '21 | — | -$3M | — | — | $1M | $5M | $7M |
How the market has priced LPTH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Lightpath Technologies Inc's revenue has grown 1.2% per year. These are computed facts, not advice.
As of FY2025, Lightpath Technologies Inc reported $5M of total debt against $5M of cash; operating income covered interest expense -10.6×.
In FY2025, gross margin was 27.2%, operating margin -31.8%, and net margin -40.0%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.