Lightpath Technologies Inc
LPTH- Exchange
- Nasdaq
- Industry
- Semiconductors & Related Devices
- SEC CIK
- 0000889971
No open-market purchases or sales by Lightpath Technologies Inc insiders were filed in the last 90 days; 165 institutions reported holding it in 13F filings for Q2 2026, worth $819.8M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 11, 2026, 1:11 AM ET
Revenue flow, FY2026
Where the revenue went in FY2026, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2026: $20.5M (28.6% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Sep 10, 2026 | Sep 25, 2025 | Sep 19, 2024 | Sep 14, 2023 | Sep 14, 2022 |
| Revenue | $71.7M | $37.2M | $31.7M | $32.9M | $35.6M |
| Cost of revenue | $45.9M | $27.1M | $23.1M | $21.9M | $23.7M |
| Gross profit | $25.8M | $10.1M | $8.63M | $11.1M | $11.8M |
| Operating expenses | $45.5M | $22.0M | $16.5M | $14.6M | $14.4M |
| Research and development | $3.78M | $3.06M | $2.40M | $2.15M | $2.09M |
| Selling, general and administrative | $24.7M | $15.8M | $12.3M | $11.4M | $11.2M |
| Operating income | -$19.7M | -$11.8M | -$7.83M | -$3.55M | -$2.63M |
| Interest expense | – | $1.12M | $191.9K | $283.3K | $229.5K |
| Income tax | $314.7K | $37.8K | $67.5K | $234.0K | $862.9K |
| Net income | -$20.5M | -$14.9M | -$8.01M | -$4.05M | -$3.54M |
| EPS, basic | $-0.38 | $-0.36 | $-0.21 | $-0.13 | $-0.13 |
| EPS, diluted | $-0.38 | $-0.36 | $-0.21 | $-0.13 | $-0.13 |
| Weighted shares, basic | 53.4M | 40.9M | 37.9M | 31.6M | 27.0M |
| Weighted shares, diluted | 53.4M | 40.9M | 37.9M | 31.6M | 27.0M |
| Margins and growth | |||||
| Gross margin | 36.0% | 27.2% | 27.2% | 33.6% | 33.2% |
| Operating margin | -27.4% | -31.8% | -24.7% | -10.8% | -7.4% |
| Net margin | -28.6% | -40.0% | -25.2% | -12.3% | -10.0% |
| Revenue growth, year over year | +92.8% | +17.3% | −3.7% | −7.4% | −7.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2026! | FY2025! | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Sep 10, 2026 | Sep 25, 2025 | Sep 19, 2024 | Sep 14, 2023 | Sep 14, 2022 |
| Cash and equivalents | $93.2M | – | $3.48M | $4.69M | $5.51M |
| Accounts receivable | $15.1M | $9.46M | $4.93M | – | – |
| Inventory | $18.0M | $12.9M | $6.55M | $7.41M | $6.99M |
| Total current assets | $129.9M | $28.4M | $15.5M | $21.8M | $18.2M |
| Property, plant and equipment | – | $15.9M | $15.2M | $12.8M | $11.6M |
| Goodwill | $19.3M | $13.8M | $6.76M | $5.85M | $5.85M |
| Intangible assets | $17.1M | $16.0M | $3.65M | $3.33M | $4.46M |
| Total assets | $194.0M | $81.5M | $48.1M | $53.5M | $50.7M |
| Accounts payable | $7.69M | $7.42M | $3.23M | $2.57M | $3.07M |
| Total current liabilities | $26.2M | $17.1M | $8.04M | $6.83M | $7.73M |
| Long-term debt | – | $4.80M | $325.9K | $1.55M | $3.22M |
| Total liabilities | $35.6M | $31.6M | $17.9M | $17.6M | $21.0M |
| Shareholders' equity | $149.5M | $15.6M | $30.2M | $36.0M | $29.7M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Period end | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Sep 10, 2026 | Sep 25, 2025 | Sep 19, 2024 | Sep 14, 2023 | Sep 14, 2022 |
| Operating cash flow | -$10.2M | -$8.33M | $521.0K | -$2.81M | $1.46M |
| Capital expenditures | $6.27M | $1.26M | $2.18M | $3.08M | $1.63M |
| Free cash flow | -$16.5M | -$9.59M | -$1.66M | -$5.89M | -$162.5K |
| Depreciation and amortization | $5.04M | $4.15M | $4.05M | $3.17M | $3.62M |
| Stock-based compensation | $2.86M | $1.04M | $1.02M | $1.31M | $825.3K |
| Investing cash flow | -$12.8M | -$19.7M | -$2.67M | -$2.87M | -$1.63M |
| Financing cash flow | $111.0M | $29.3M | -$1.47M | $7.46M | -$636.2K |
| Net change in cash | $88.3M | $1.40M | -$3.66M | $1.64M | -$1.27M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 4.0% | 2.8% | 3.2% | 4.0% | 2.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 6, 2026 | 70.1M | +54.3% | SEC |
| Sep 8, 2026 | 70.0M | +56.8% | SEC |
| May 4, 2026 | 62.8M | +46.4% | SEC |
| Feb 9, 2026 | 57.7M | +43.7% | SEC |
| Nov 10, 2025 | 45.4M | +14.5% | SEC |
| Sep 23, 2025 | 44.7M | +12.9% | SEC |
| May 13, 2025 | 42.9M | +10.5% | SEC |
| Feb 10, 2025 | 40.2M | +5.6% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.