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LightPath Technologies Reports Fiscal 2026 Third Quarter Financial Results

$LPTHPress releaseMay 7, 2026, 4:05 PM ETRead the release

LightPath delivered Q3 revenue of $19.1 million, up 109% year-over-year, and achieved positive adjusted EBITDA of $1.1 million. The company ended the quarter with a record backlog of $110.6 million, an increase of 196% from the start of the fiscal year, driven by demand for infrared cameras and optical assemblies.

Key figures

Revenue
$19.1 million
Guidance
Targeting in excess of $300 million in annual revenue within five years
Revenue Yoy
109%
Backlog
$110.6 million
Net loss
$4.1 million
Gross profit
$7.0 million
Adjusted ebitda
$1.1 million
Cash and equivalents
$55.2 million

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