Lightpath Technologies Inc income statement
In fiscal 2026, Lightpath Technologies Inc reported revenue of $71.7m, up 92.8% on the year before, operating income of −$19.7m (a -27.4% margin) and net income of −$20.5m, or −$0.38 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 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10 | 11 | 12 | 12 | 14 | 17 | 28 | 33 | 34 | 35 | 38 | 36 | 33 | 32 | 37 | 72 |
| Cost of revenue | — | — | — | — | — | — | 14 | 20 | 21 | 21 | 25 | 24 | 22 | 23 | 27 | 46 |
| Gross profit | 4 | 4 | 5 | 5 | 6 | 9 | 15 | 13 | 13 | 14 | 13 | 12 | 11 | 9 | 10 | 26 |
| Research and development | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
| Selling, general and administrative | 4 | 4 | 4 | 5 | 5 | 7 | 9 | 9 | 10 | 9 | 12 | 11 | 11 | 12 | 16 | 25 |
| Operating income | −1 | −1 | 0 | −0 | −0 | 2 | 4 | 0 | −1 | 2 | −2 | −3 | −4 | −8 | −12 | −20 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | — |
| Income before tax | — | — | — | — | −1 | 2 | 3 | 0 | −2 | 2 | −2 | −3 | −4 | −8 | −15 | −20 |
| Income tax | — | — | — | — | 0 | 0 | −4 | −1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Net income | −2 | −1 | 0 | −0 | −1 | 1 | 8 | 1 | −3 | 1 | −3 | −4 | −4 | −8 | −15 | −21 |
| Diluted EPS | −$0.17 | −$0.09 | $0.02 | −$0.02 | −$0.05 | $0.08 | $0.36 | $0.04 | −$0.10 | $0.03 | −$0.12 | −$0.13 | −$0.13 | −$0.21 | −$0.36 | −$0.38 |
| Diluted shares (average) | 10m | 10m | 13m | 14m | 15m | 17m | 22m | 27m | 26m | 27m | 26m | 27m | 32m | 38m | 41m | 53m |
| EBITDA | 0 | 0 | 1 | 0 | 0 | 3 | 6 | 4 | 2 | 6 | 2 | 1 | −0 | −4 | −8 | −15 |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 | 7 | 9 | 12 | 15 | 16 | 19 | 21 |
| Cost of revenue | 6 | 5 | 7 | 10 | 11 | 10 | 12 | 13 |
| Gross profit | 3 | 2 | 3 | 3 | 4 | 6 | 7 | 8 |
| Research and development | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Selling, general and administrative | 3 | 3 | 4 | 5 | 4 | 6 | 6 | 8 |
| Operating income | −1 | −2 | −3 | −5 | −3 | −9 | −4 | −4 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Income before tax | −2 | −3 | −3 | −7 | −3 | −9 | −4 | −4 |
| Income tax | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −3 | −4 | −7 | −3 | −9 | −4 | −4 |
| Diluted EPS | −$0.04 | −$0.07 | −$0.09 | −$0.17 | −$0.07 | −$0.20 | −$0.07 | −$0.05 |
| EBITDA | −0 | −2 | −3 | −4 | −1 | −8 | −3 | −3 |
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