nLIGHT Forecasts $84 Million to $90 Million in Q4 Revenue as Shipments Slip

nLIGHT, Inc. (Nasdaq: LASR) expects fourth-quarter 2026 revenue of $84 million to $90 million, excluding about $15 million in product sales delayed by supply constraints. The company now expects those deliveries in the first half of 2027.

The company announced the outlook Nov. 5. At the $87 million midpoint, nLIGHT expects about $63 million in Products revenue and $24 million in Advanced Development revenue. Its forecast also calls for overall gross margin of 30% to 36% and adjusted EBITDA of $12 million to $18 million. Products gross margin is projected at 40% to 46%, while Advanced Development gross margin is expected to be about 8%.

Revenue for the quarter ended Sept. 30 was $73.8 million, up 10.5% from $66.7 million a year earlier. nLIGHT makes high-power lasers for directed energy, optical sensing and advanced manufacturing.

Scott Keeney, nLIGHT’s chairman and CEO, said, “Demand for our products remains strong and our pipeline of opportunities continues to expand.”