nLIGHT Stock Jumps 29.6% After Q3 Revenue Beats Guidance and Q4 Outlook Is Issued

Nlight, Inc. (Nasdaq: LASR) shares rose 29.6% on Friday, Nov. 6, 2026, closing at $38.02 after a previous close of $29.34. The S&P 500 ETF (SPY) gained 0.31% that session, and volume ran at 2.7 times its usual level.

The move followed an 8-K filed the previous afternoon, which furnished an earnings release for the three and nine months ended Sept. 30, 2026. The release said revenue was above the high end of the company's guidance range.

Revenue and margins

Third-quarter revenue was $73.8 million, up 10.5% from $66.7 million a year earlier. Gross margin was 33.1%, compared with 31.1%, and the company described its product gross margin as a record. Adjusted EBITDA was $11.1 million, up from $7.1 million.

GAAP net loss was $7.2 million, or $0.12 per share, compared with a net loss of $6.9 million, or $0.14 per share, a year earlier. The dollar loss widened, while the per-share loss narrowed.

Outlook and supply constraints

For the fourth quarter, nLIGHT expects revenue of $84 million to $90 million, with a midpoint of $87 million. The company said guidance excludes about $15 million of product revenue it had expected to ship in the fourth quarter, now expected in the first half of 2027, due to supply chain constraints. It expects overall gross margin of 30% to 36% and Adjusted EBITDA of $12 million to $18 million.

Cash position

Cash and cash equivalents were $279.4 million at Sept. 30, 2026, up from $98.7 million at the end of 2025, after a follow-on stock offering. The company's filings did not tie a specific investor reaction to any single line item.