Lensar, Inc. income statement
In fiscal 2025, Lensar, Inc. reported revenue of $58.4m, up 9.2% on the year before, operating income of −$24.6m (a -42.1% margin) and net income of −$34.3m, or −$2.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 31 | 26 | 34 | 35 | 42 | 53 | 58 | 60 |
| Cost of revenue | 17 | 12 | 17 | 15 | 21 | 28 | 31 | 31 |
| Gross profit | 13 | 14 | 18 | 20 | 21 | 26 | 27 | 29 |
| Research and development | 8 | 8 | 12 | 12 | 6 | 5 | 6 | 5 |
| Selling, general and administrative | 17 | 24 | 24 | 27 | 26 | 26 | 45 | 31 |
| Operating income | −13 | −19 | −20 | −20 | −12 | −11 | −25 | −8 |
| Interest expense | 2 | 1 | — | — | — | — | — | — |
| Provision for credit losses | — | −0 | 0 | 0 | 0 | −0 | −0 | −0 |
| Income before tax | −15 | −20 | −20 | −20 | −14 | −31 | −34 | — |
| Net income | −15 | −20 | −20 | −20 | −14 | −31 | −34 | 35 |
| Diluted EPS | −$6.85 | −$2.14 | −$2.09 | −$1.96 | −$1.31 | −$2.73 | −$2.87 | $2.22 |
| Diluted shares (average) | 2m | 9m | 9m | 10m | 11m | 12m | 12m | 16m |
| EBITDA | −10 | −17 | −18 | −18 | −10 | −8 | −21 | −4 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 17 | 14 | 14 | 14 | 16 | 13 | 16 |
| Cost of revenue | 7 | 10 | 7 | 7 | 8 | 9 | 7 | 7 |
| Gross profit | 6 | 7 | 7 | 7 | 6 | 7 | 6 | 10 |
| Research and development | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 6 | 7 | 11 | 12 | 12 | 10 | 3 | 6 |
| Operating income | −1 | −1 | −6 | −6 | −8 | −5 | 2 | 2 |
| Provision for credit losses | −0 | 0 | −0 | −0 | −0 | −0 | −0 | 0 |
| Income tax | 0 | — | 0 | 0 | 0 | — | 0 | 0 |
| Net income | −2 | −19 | −27 | −2 | −4 | −1 | 36 | 4 |
| Diluted EPS | −$0.13 | −$1.62 | −$2.32 | −$0.15 | −$0.31 | −$0.12 | $0.00 | $0.10 |
| EBITDA | −0 | −0 | −5 | −5 | −7 | −4 | 3 | 3 |
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