Lightpath Technologies Inc. (LPTH)
Nasdaq · Semiconductors & Related Devices · Manufacturing · CIK 889971 · fiscal year ends in Jun
Closing price $8.32 on 29 Oct 2026; 52-week range $6.18 to $18.15.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $71.7M
- Revenue growth
- 92.8%
- Net income, last twelve months
- -$20.5M
- Earnings per share
- -$0.40
- Gross margin
- 36.0%
- Operating margin
- -27.4%
- Net margin
- -28.6%
- Free cash flow
- -$16.5M
- Return on equity
- -13.7%
- Market value
- $582.7M
- Cash
- $93.2M
- Debt
- $187.2K
- Debt to equity
- 0.00
- Shares outstanding
- 70.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2026 | 30 Jun 2026 | $71.7M | -$19.7M | -$20.5M | -$0.38 | -$16.5M | 10-K filed 11 Sep 2026 |
| FY2025 | 30 Jun 2025 | $37.2M | -$11.8M | -$14.9M | -$0.36 | -$9.6M | 10-K filed 26 Sep 2025 |
| FY2024 | 30 Jun 2024 | $31.7M | -$7.8M | -$8.0M | -$0.21 | -$1.7M | 10-K filed 19 Sep 2024 |
| FY2023 | 30 Jun 2023 | $32.9M | -$3.6M | -$4.0M | -$0.13 | -$5.9M | 10-K filed 14 Sep 2023 |
| FY2022 | 30 Jun 2022 | $35.6M | -$2.6M | -$3.5M | -$0.13 | -$162.5K | 10-K filed 15 Sep 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q4 FY2026 | 30 Jun 2026 | $21.2M | -$4.1M | -$0.06 |
| Q3 FY2026 | 31 Mar 2026 | $19.1M | -$4.1M | -$0.07 |
| Q2 FY2026 | 31 Dec 2025 | $16.4M | -$9.4M | -$0.20 |
| Q1 FY2026 | 30 Sep 2025 | $15.1M | -$2.9M | -$0.07 |
| Q4 FY2025 | 30 Jun 2025 | $12.2M | -$7.1M | -$0.16 |
| Q3 FY2025 | 31 Mar 2025 | $9.2M | -$3.6M | -$0.44 |
| Q2 FY2025 | 31 Dec 2024 | $7.4M | -$2.6M | $0.07 |
| Q1 FY2025 | 30 Sep 2024 | $8.4M | -$1.6M | -$0.04 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2026
| Segment | Revenue | Share |
|---|---|---|
| Assemblies and Modules | $31.9M | 44.4% |
| Infrared Components | $21.2M | 29.6% |
| Visible Components | $15.5M | 21.6% |
| Engineering Services | $3.2M | 4.4% |
By region, FY2026
| Segment | Revenue | Share |
|---|---|---|
| United States | $37.0M | 51.6% |
| United Kingdom | $15.0M | 20.9% |
| Israel | $7.7M | 10.7% |
| Europe | $4.7M | 6.5% |
| China | $4.5M | 6.3% |
| Asia | $1.8M | 2.5% |
| Other Foreign Countries | $978.8K | 1.4% |
Company events
The newest 8-K filings of 317 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 10 Sep 2026 | 8-K | Results | 2.02, 9.01 |
| 23 Jul 2026 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 3 Jun 2026 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 27 Feb 2026 | 8-K | Investor update | 7.01, 9.01 |
| 11 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 23 Jan 2026 | 8-K | Deal completed, Material agreement, New debt, Share sale, Investor update | 1.01, 2.01, 2.03, 3.02, 7.01, 9.01 |
| 18 Dec 2025 | 8-K | Shareholder vote | 5.07 |
| 12 Dec 2025 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 12 Nov 2025 | 8-K | Results | 2.02, 9.01 |
| 14 Oct 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 25 Sep 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 740 held.
| Filed | Form | Period |
|---|---|---|
| 26 Oct 2026 | DEF 14A | 9 Dec 2026 |
| 9 Oct 2026 | D | – |
| 11 Sep 2026 | 10-K | 30 Jun 2026 |
| 10 Sep 2026 | 8-K | 10 Sep 2026 |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
| 23 Jul 2026 | EFFECT | – |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 3 Jun 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 3,571,400 | $14.00 | $50.0M | 2,934,828 | 4 Jun 2026 |
| 18 May 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 55,284 | $12.32 | $681.1K | 2,934,828 | 20 May 2026 |
| 14 May 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 165,000 | $12.16 | $2.0M | 2,990,112 | 14 May 2026 |
| 13 May 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 45,000 | $12.29 | $553.0K | 3,155,112 | 14 May 2026 |
| 12 May 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 83,052 | $12.25 | $1.0M | 3,200,112 | 14 May 2026 |
| 27 Mar 2026 | Rubin Shmuel, President & CEO | Purchase | 180 | $9.70 | $1.7K | 260,844 | 30 Mar 2026 |
| 25 Mar 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 302,352 | $12.31 | $3.7M | 3,283,164 | 26 Mar 2026 |
| 24 Mar 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 54,557 | $12.06 | $658.0K | 2,845,516 | 26 Mar 2026 |
| 18 Mar 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 16,000 | $12.00 | $192.0K | 2,900,073 | 19 Mar 2026 |
| 17 Mar 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 104,454 | $12.01 | $1.3M | 2,916,073 | 19 Mar 2026 |
| 4 Mar 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 55,000 | $12.09 | $665.0K | 3,020,527 | 4 Mar 2026 |
| 3 Mar 2026 | North Run Strategic Opportunities Fund I, Lp, Director | Sale outside a trading plan | 381,004 | $12.18 | $4.6M | 3,075,527 | 4 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 4 Mar 2026 | North Run Strategic Opportunities Fund I, LP, Shareholder and Director | 2,000,000 | $24.0M | 4 Mar 2026 |
| 20 Feb 2026 | North Run Strategic Opportunities Fund I, LP, Shareholder and Director | 2,000,000 | $22.5M | 20 Feb 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | Hood River Capital Management LLC | 13G | 5.37% | 3.6M |
| 31 Jul 2026 | Vanguard Capital Management | 13G amended | 4.66% | 3.1M |
| 29 Jul 2026 | BlackRock, Inc. | 13G | 6.5% | 4.3M |
| 4 Jun 2026 | North Run Strategic Opportunities Fund I, LP | 13D amended | 9.6% | 6.7M |
| 14 May 2026 | North Run Strategic Opportunities Fund I, LP | 13D amended | 14.7% | 10.3M |
| 30 Apr 2026 | Vanguard Capital Management | 13G | 5.06% | 2.9M |
| 4 Mar 2026 | North Run Strategic Opportunities Fund I, LP | 13D amended | 16.2% | 11.0M |
| 24 Feb 2026 | North Run Strategic Opportunities Fund I, LP | 13D amended | 17.7% | 12.0M |
| 7 Jan 2026 | North Run Strategic Opportunities Fund I, LP | 13D amended | 18.9% | 12.7M |
| 10 Nov 2025 | Orin Hirschman | 13G amended | 4.8% | 2.2M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 11.9M | -1.55% | 4.11 |
| 30 Sep 2026 | 12.1M | +6.28% | 4.67 |
| 15 Sep 2026 | 11.4M | +12.41% | 3.05 |
| 31 Aug 2026 | 10.1M | -5.49% | 3.09 |
| 14 Aug 2026 | 10.7M | +1.72% | 4.32 |
| 31 Jul 2026 | 10.6M | +10.62% | 3.68 |
| 15 Jul 2026 | 9.5M | +18.06% | 3.64 |
| 30 Jun 2026 | 8.1M | +14.02% | 2.17 |
Funds that hold it
From each fund's latest Form 13F.
189 funds held it at 30 Jun 2026: 112 added and 35 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 4,469,744 | $73.1M | +3,331,952 |
| Hood River Capital Management LLC | 3,562,140 | $58.2M | +1,126,377 |
| Vanguard Capital Management LLC | 2,717,954 | $44.4M | +133,694 |
| AWM Investment Company, Inc. | 2,537,522 | $41.5M | +499,912 |
| Driehaus Capital Management LLC | 2,171,013 | $35.5M | +6,305 |
| Tema Etfs LLC | 1,986,945 | $32.5M | +1,985,409 |
| Tidal Investments LLC | 1,952,629 | $31.9M | +1,933,881 |
| Geode Capital Management, LLC | 1,446,816 | $23.7M | +841,388 |
| Bank of America Corp. | 1,199,328 | $19.6M | +643,291 |
| Goldman Sachs Group Inc. | 1,082,014 | $17.7M | -1,394,885 |
Peers
Companies in the same industry.
- NVIDIA Corp. (NVDA): revenue $303.0B, market value $5.15T
- Taiwan Semiconductor Manufacturing Company Limited (TSM): revenue $122.4B, market value $2.24T
- Broadcom Inc. (AVGO): revenue $89.1B, market value $1.65T
- Micron Technology Inc. (MU): revenue $133.2B, market value $1.06T
- Advanced Micro Devices Inc. (AMD): revenue $41.3B, market value $924.6B
- Intel Corp. (INTC): revenue $59.9B, market value $488.9B
- Applied Materials Inc. (AMAT): revenue $30.8B, market value $334.7B
- Texas Instruments Inc. (TXN): revenue $20.8B, market value $285.9B
- Arm Holdings plc (ARM): revenue $4.9B, market value $243.4B
- Analog Devices Inc. (ADI): revenue $13.9B, market value $209.9B