Nlight (LASR) FCF Margin (2017 - 2026)
Nlight (LASR) recorded FCF Margin of 19.23% in Q2 2026, up 25.35 percentage points from -6.12% a year earlier and up 9.79 percentage points from the prior quarter.
Nlight (LASR) FCF Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Nlight's FCF Margin came in at 13.46% as of Jun 30, 2026, up 22.60 percentage points year-over-year; for FY2025, it came in at 4.71%, up 9.89 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +9.36 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -5.18% in FY2024 (-7.45 pp), 2.26% in FY2023 (+17.11 pp), -14.84% in FY2022 (-4.94 pp) and -9.91% in FY2021 (-5.25 pp).
- Quarterly FCF Margin has ranged from -23.44% in Q4 2021 to 22.05% in Q1 2024 over the past five years.
- On a year-over-year basis, FCF Margin has increased for five consecutive quarters, with an average year-over-year change of +2.88 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 33.35 percentage points in Q4 2025, against a drop of 33.42 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.44% (Q1 2026), 19.62% (Q4 2025) and 3.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 334.06 Bn | 305.75 Bn | 7.76 Bn | 15.87% |
| 2 | Amphenol | 195.22 Bn | 189.80 Bn | 3.55 Bn | 13.72% |
| 3 | Deere | 170.77 Bn | 138.86 Bn | 4.66 Bn | 10.35% |
| 4 | Eaton | 148.39 Bn | 145.58 Bn | 2.86 Bn | 10.24% |
| 5 | Parker-Hannifin | 119.49 Bn | 117.61 Bn | 2.25 Bn | 27.16% |
| 6 | Emerson Electric | 89.58 Bn | 82.32 Bn | 2.66 Bn | 27.13% |
| 7 | 3M | 88.93 Bn | 70.33 Bn | 2.68 Bn | 11.74% |
| 8 | Illinois Tool Works | 78.81 Bn | 75.37 Bn | 1.90 Bn | 14.67% |
| 9 | Vertiv Holdings | 78.25 Bn | 68.87 Bn | 1.23 Bn | 28.30% |
| 10 | Nlight | 2.06 Bn | 1.15 Bn | 25.73 Mn | 19.23% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.23% |
| Mar 31, 2026 | 9.44% |
| Dec 31, 2025 | 19.62% |
| Sep 30, 2025 | 3.67% |
| Jun 30, 2025 | -6.12% |
| Mar 31, 2025 | -4.45% |
| Dec 31, 2024 | -13.73% |
| Sep 30, 2024 | -12.88% |
| Jun 30, 2024 | -12.62% |
| Mar 31, 2024 | 22.05% |
| Dec 31, 2023 | -1.06% |
| Sep 30, 2023 | 20.55% |
| Jun 30, 2023 | -9.50% |
| Mar 31, 2023 | -0.07% |
| Dec 31, 2022 | -8.71% |
| Sep 30, 2022 | -10.54% |
| Jun 30, 2022 | -20.77% |
| Mar 31, 2022 | -18.65% |
| Dec 31, 2021 | -23.44% |
| Sep 30, 2021 | -8.41% |
Nlight FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=LASR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LASR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=LASR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();