LPTH (LPTH) financial statements
LPTH reported revenue of $72M in fiscal 2026, up 10.9% a year over 9 years.
Net income was -$21M and the operating margin -27.4%, against 14.6% in 2017.
Free cash flow was -$16M.
The diluted share count rose 146% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from LPTH's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28M | $33M | $34M | $35M | $38M | $36M | $33M | $32M | $37M | $72M |
| Cost of revenue | $14M | $20M | $21M | $21M | $25M | $24M | $22M | $23M | $27M | $46M |
| Gross profit | $15M | $13M | $13M | $14M | $13M | $12M | $11M | $9M | $10M | $26M |
| Research and development | $1M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $3M | $4M |
| Selling, general and admin | $9M | $9M | $10M | $9M | $12M | $11M | $11M | $12M | $16M | $25M |
| Operating income | $4M | $373,567 | -$1M | $2M | -$2M | -$3M | -$4M | -$8M | -$12M | -$20M |
| Interest expense | $413,427 | $186,948 | $697,113 | $339,446 | $215,354 | $229,475 | $283,266 | $191,862 | $1M | — |
| Pre-tax income | $3M | $233,027 | -$2M | $2M | -$2M | -$3M | -$4M | -$8M | -$15M | -$20M |
| Income tax | -$4M | -$827,077 | $455,206 | $763,998 | $933,915 | $862,907 | $234,034 | $67,490 | $37,790 | $314,713 |
| Net income | $8M | $1M | -$3M | $866,929 | -$3M | -$4M | -$4M | -$8M | -$15M | -$21M |
| EPS (diluted) | $0.36 | $0.04 | -$0.10 | $0.03 | -$0.12 | -$0.13 | -$0.13 | -$0.21 | -$0.36 | -$0.38 |
| Diluted shares | 22M | 27M | 26M | 27M | 26M | 27M | 32M | 38M | 41M | 53M |
| Gross margin | 51.9% | 38.5% | 37.1% | 39.6% | 35.0% | 33.2% | 33.6% | 27.2% | 27.2% | 36.0% |
| Operating margin | 14.6% | 1.1% | -3.4% | 6.1% | -4.8% | -7.4% | -10.8% | -24.7% | -31.8% | -27.4% |
| Net margin | 27.2% | 3.3% | -7.9% | 2.5% | -8.3% | -10.0% | -12.3% | -25.2% | -40.0% | -28.6% |
Balance sheet
Fiscal years, from LPTH's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $6M | $5M | $5M | $7M | $6M | $5M | $3M | $5M | $93M |
| Receivables | $6M | $5M | $6M | $6M | $5M | — | $7M | $5M | $9M | $15M |
| Inventory | $5M | $6M | $8M | $9M | $9M | $7M | $7M | $7M | $13M | $18M |
| Total current assets | $20M | $19M | $20M | $21M | $21M | $18M | $22M | $16M | $28M | $130M |
| Property, plant and equipment | $10M | $12M | $12M | $12M | $13M | $12M | $13M | $15M | $16M | $19M |
| Goodwill | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $7M | $14M | $19M |
| Total assets | $47M | $47M | $46M | $48M | $55M | $51M | $54M | $48M | $82M | $194M |
| Total current liabilities | $6M | $6M | $6M | $7M | $8M | $8M | $7M | $8M | $17M | $26M |
| Long-term debt | $10M | $5M | $5M | $4M | $4M | $3M | $2M | $325,880 | $5M | — |
| Total liabilities | $17M | $12M | $13M | $13M | $21M | $21M | $18M | $18M | $32M | $36M |
| Shareholders' equity | $30M | $35M | $33M | $35M | $34M | $30M | $36M | $30M | $16M | $149M |
| Net debt | $2M | -$388,824 | $395,442 | -$950,023 | -$3M | -$2M | -$3M | -$3M | -$72,046 | -$93M |
Cash flow
Fiscal years, from LPTH's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5M | $3M | $411,185 | $4M | $5M | $1M | -$3M | $521,037 | -$8M | -$10M |
| Capital spending | $2M | $3M | $2M | $2M | $3M | $2M | $3M | $2M | $1M | $6M |
| Free cash flow | $3M | $101,303 | -$2M | $1M | $2M | -$162,486 | -$6M | -$2M | -$10M | -$16M |
| Stock-based compensation | $394,875 | $373,554 | $394,790 | $250,737 | $642,865 | $825,250 | $1M | $1M | $1M | $3M |
| Net borrowing | $5M | $3M | $6M | $400,000 | $275,377 | -$414,451 | -$2M | -$2M | $6M | -$5M |
| Free cash flow margin | 9.8% | 0.3% | -4.5% | 3.7% | 4.1% | -0.5% | -17.9% | -5.2% | -25.8% | -23.0% |
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Open LPTH in InvestinglyQuestions
What was LPTH's revenue in 2026?
$72M in fiscal 2026, from its 10-K filing.
How much free cash flow does LPTH generate?
-$16M in fiscal 2026 (operating cash flow minus capital spending).
From LPTH's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.