Nlight (LASR) Tax Rate (2017 - 2026)
Nlight's Tax Rate came in at -5.93% for Q2 2026, down 5.46 percentage points from -0.48% a year earlier and down 13.53 percentage points from the prior quarter.
Nlight (LASR) Tax Rate (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nlight reported Tax Rate of -5.70%, down 6.10 percentage points year-over-year; for FY2025, it came in at -3.07%, down 3.19 percentage points from FY2024.
- Tax Rate carries a five-year change of -1.42 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 0.12% in FY2024 (-2.17 pp), 2.29% in FY2023 (+2.93 pp), -0.63% in FY2022 (-1.88 pp) and 1.25% in FY2021 (+2.90 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2020.
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -0.56 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2023 (a gain of 14.07 percentage points), and the weakest in Q3 2021 (a drop of 44.35 percentage points).
- Business Quant data shows LASR's Tax Rate at 7.59% (Q1 2026), -5.87% (Q4 2025) and -4.14% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 335.11 Bn | 306.80 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 195.68 Bn | 190.26 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 170.97 Bn | 139.07 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 148.94 Bn | 146.13 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 119.15 Bn | 117.27 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 89.82 Bn | 82.56 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 88.28 Bn | 69.68 Bn | 2.68 Bn | 16.34% |
| 8 | Illinois Tool Works | 78.79 Bn | 75.34 Bn | 1.90 Bn | 24.54% |
| 9 | Vertiv Holdings | 78.28 Bn | 68.90 Bn | 1.23 Bn | 19.71% |
| 10 | Nlight | 2.08 Bn | 1.17 Bn | 25.73 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 7.59% |
| Sep 30, 2019 | 1,418.64% |
| Jun 30, 2019 | 124.29% |
| Mar 31, 2019 | 338.42% |
| Dec 31, 2018 | 24.46% |
| Sep 30, 2018 | 17.31% |
| Jun 30, 2018 | 15.42% |
| Mar 31, 2018 | 28.27% |
| Dec 31, 2017 | 55.84% |
| Sep 30, 2017 | 35.52% |
| Jun 30, 2017 | 136.01% |
Nlight Tax Rate 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=tax-rate&ticker=LASR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LASR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();