nLight Valuation Multiples

nLight Overview

About nLight

nLight Inc is a United States-based company provider of power semiconductor and fiber lasers for aerospace and defense, industrial, and microfabrication applications. It designs, manufactures, and sells a range of power semiconductor lasers and fiber lasers that are typically integrated into laser systems. It operates in two segments: Laser Products, which includes semiconductor lasers, fiber lasers, and directed energy products; and Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, Asia Pacific, and EMEA.

Founded

2000

HQ

Employees

800

Website

nlight.net

Sectors

SemiconductorsSensors & MonitoringDeepTechIndustry 4.0

Financials (LTM)

Revenue: $266M

EBITDA: $24M

EV

$3B

Valuation Multiples

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nLight Financials

nLight reported last 12-month revenue of $266M and EBITDA of $24M.

In the same LTM period, nLight generated $80M in gross profit, $24M in EBITDA, and had net loss of ($23M).

nLight P&L

In the most recent fiscal year, nLight reported revenue of $261M and EBITDA of $23M.

nLight expects next 12-month revenue of XXX and NTM EBITDA of XXX

nLight Stock Performance

nLight has current market cap of $3B, and enterprise value of $3B.

nLight's stock price is $56.19.

nLight Valuation Multiples

nLight trades at 11.4x EV/Revenue multiple, and 127.0x EV/EBITDA.

nLight Financial Valuation Multiples

As of March 10, 2026, nLight has market cap of $3B and EV of $3B.

Equity research analysts estimate nLight's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

nLight has a P/E ratio of (134.4x).

nLight Margins & Growth Rates

nLight's revenue in the last 12 month grew by 10%.

nLight's revenue per employee in the last FY averaged $0.3M.

nLight's rule of 40 is 19% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

nLight's rule of X is 34% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

nLight Public Comps

See public comps and valuation multiples for other Semiconductors and Sensors & Monitoring comps.

nLight M&A Activity

nLight acquired XXX companies to date.

Last acquisition by nLight was on XXXXXXXX, XXXXX. nLight acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

nLight Investment Activity

nLight invested in XXX companies to date.

nLight made its latest investment on XXXXXXXX, XXXXX. nLight invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).