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Companies / Information Technology / LightPath Technologies, Inc.
LPTH

LightPath Technologies, Inc.

Ticker LPTHORLANDO, FLFiscal year ends JuneBook value per share $2.80Diluted shares 53.4M

LightPath Technologies, Inc. (Nasdaq: LPTH) develops and manufactures optical materials, components, assemblies, modules and imaging systems, with an increasing focus on infrared imaging solutions for defense, public safety, industrial, commercial, telecom and medical applications. Its products include infrared and… From the company’s description.

In fiscal 2026, LightPath Technologies, Inc. reported revenue of $71.72M, up 92.8% from fiscal 2025, and a net loss of $20.55M. Its operating margin was −27.4%, and operations used $10.23M in cash.

Fiscal year 2026 · ends 06-30Changes are against fiscal 2025
Sales & profitability
$71.72MFY2026
+92.8% year over year
-27.40%FY2026
+4.4 percentage points
$-20.55MFY2026
−38.1% year over year
-13.75%FY2026
+81.3 percentage points
Cash & financing
$-10.23MFY2026
−22.7% year over year
$-16.49MFY2026
−71.9% year over year
0.01FY2026
Was 0.36× a year earlier
53.4MFY2026
+30.6% year over year

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure.

What LightPath Technologies, Inc. does

In the company’s own words

LightPath Technologies, Inc. (Nasdaq: LPTH) develops and manufactures optical materials, components, assemblies, modules and imaging systems, with an increasing focus on infrared imaging solutions for defense, public safety, industrial, commercial, telecom and medical applications. Its products include infrared and visible lenses, BlackDiamond infrared glass, optical coatings, custom assemblies, thermal cameras and engineering services; customers are principally defense contractors and system integrators, as well as government agencies, industrial and medical equipment manufacturers, and research institutions. The company sells mainly to integrators that incorporate its products into larger systems. It reports four product groups: infrared components, visible components, assemblies and modules, and engineering services. LightPath has expanded from precision-molded optical components toward subsystems and cameras through acquisitions including Visimid, G5 Infrared and Amorphous Materials; G5 added cooled infrared camera systems, while Amorphous Materials expanded infrared glass fabrication. Its manufacturing footprint spans facilities in the United States and Latvia; it has agreed to sell its China operations. For fiscal 2026, revenue was $[amount not provided]. Its website is www.lightpath.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
ORLANDO, FL
Fiscal year end
June
CIK
889971
SIC
3674

Financial performance, year by year

Fiscal 2012–2026 · USD
$-29.77M$-2.09M$25.59M$53.27M$80.95M201220132014201520162017201820192020202120222023202420252026

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns LightPath Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

105
funds hold it
1 of 35
superinvestors hold it
$264.68M
held by funds, at market
23.4%
of shares held by funds

Superinvestors in LightPath Technologies, Inc. · what they did last quarter

Polen CapitalINCREASED +297.8%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · LightPath Technologies, Inc.’s weight in each

Tema Space Innovators ETF
NASA · Tema ETF Trust
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.03%of fund net assets
Hood River Small-Cap Growth Fund
HRSMX · Manager Directed Portfolios
0.24%of fund net assets
Needham Aggressive Growth Fund
NEAGX · Needham Funds Inc
0.60%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do LightPath Technologies, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of LightPath Technologies, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in LightPath Technologies, Inc.'s last four quarterly filings that the numbers alone won't show?”
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