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NASDAQ · Technology

Lightpath Technologies Inc (LPTH)

Lightpath Technologies Inc reported revenue of $71.7M in fiscal 2026, up 92.8% from a year earlier. It posted a net loss of $20.5M. In fiscal 2026 capital spending exceeded operating cash flow by $16.5M. At June 30, 2026 it held $93.2M in cash. Its latest periodic report to the SEC is the annual report (10-K) filed on September 11, 2026.

Free, no password. An email when LPTH files with the SEC.

Price
$8.15
+1.75% on the day · November 10, 2026
52-week range $5.83 to $18.94
Market cap
$511.7M
Revenue (FY2026)
$71.7M
+92.8% year on year
Net margin
-28.6%

Key facts about Lightpath Technologies Inc

Net worth
Lightpath Technologies Inc has a market value (market cap) of $511.7M at the latest share price, and shareholders' equity of $149.5M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2026 revenue was $71.7M (+92.8% year on year), with a net loss of $20.5M.
Cash flow
In fiscal 2026 operations used $10.2M of cash.
Latest report
The latest periodic report (annual report, 10-K) was filed with the SEC on September 11, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR

What Lightpath Technologies Inc does

Lightpath Technologies Inc is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NASDAQ under the ticker LPTH.

Revenue and profit by year

Revenue
FY19: $33.7M $33.7M FY19FY20: $35M $35M FY20FY21: $38.5M $38.5M FY21FY22: $35.6M $35.6M FY22FY23: $32.9M $32.9M FY23FY24: $31.7M $31.7M FY24FY25: $37.2M $37.2M FY25FY26: $71.7M $71.7M FY26
Net income
FY19: -$2.7M -$2.7M FY19FY20: $866.9K $866.9K FY20FY21: -$3.2M -$3.2M FY21FY22: -$3.5M -$3.5M FY22FY23: -$4M -$4M FY23FY24: -$8M -$8M FY24FY25: -$14.9M -$14.9M FY25FY26: -$20.5M -$20.5M FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$71.7M-$19.7M-$20.5M-$0.38-$16.5M
2025$37.2M-$11.8M-$14.9M-$0.36-$9.6M
2024$31.7M-$7.8M-$8M-$0.21-$1.7M
2023$32.9M-$3.6M-$4M-$0.13-$5.9M
2022$35.6M-$2.6M-$3.5M-$0.13-$162.5K
2021$38.5M-$1.8M-$3.2M-$0.12$1.6M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where LPTH ranks in Technology

Revenue$71.7M
#470 of 751 in Technology · Bottom 37%
Revenue growth+92.8%
#34 of 604 in Technology · Top 5%
Net margin-28.6%
#510 of 611 in Technology · Bottom 17%
Free cash flow margin-23.0%
#501 of 568 in Technology · Bottom 12%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Lightpath Technologies Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 5, 2026
  2. October 26, 2026
  3. September 11, 2026
    Annual report 10-K · period to June 30, 2026Revenue rose 93% to $71.7M versus the prior year; diluted EPS -$0.38 versus -$0.36.
  4. September 10, 2026
  5. August 14, 2026
  6. July 31, 2026
  7. July 29, 2026
  8. July 23, 2026
  9. July 22, 2026
  10. July 22, 2026

Recent insider filings (Forms 3, 4 and 144): 7, the latest on October 19, 2026. Insider transactions on SEC

Insider trades

What the people running Lightpath Technologies Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
June 3, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Soldindirect 3,571,400 $14.00 $50M Form 4
June 2, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Exercised optionsindirect 3,571,400 $2.15 $7.7M Form 4
May 18, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Soldindirect 55,284 $12.32 $681.1K Form 4
May 14, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Soldindirect 165,000 $12.16 $2M Form 4
May 13, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Soldindirect 45,000 $12.29 $553.1K Form 4
May 12, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Soldindirect 83,052 $12.25 $1M Form 4
March 27, 2026 Rubin ShmuelPresident & CEO Bought 180 $9.70 $1.7K Form 4
March 25, 2026 North Run Strategic Opportunities Fund I, LPDirector, 10% owner Exercised optionsindirect 740,000 $2.15 $1.6M Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns LPTH

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
North Run Strategic Opportunities Fund I, LP13D, may seek influence with 3 related filers 9.6% 6,717,376 June 4, 2026
Hood River Capital Management LLC13G, passive 5.37% 3,562,140 August 14, 2026

Latest filings below 5%: Vanguard Capital Management 4.66% (July 31, 2026); Orin Hirschman 4.8% (November 10, 2025); Marathon Micro Fund, LP 4.9% (October 10, 2025); Leviticus Partners LP 4.8% (August 14, 2025); Archon Capital Management LLC 4.2% (November 13, 2024).

Largest institutional holders

Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 164 managers reported a position.

HolderSharesValueChange on quarter
BlackRock, Inc.4,469,744$73.1M+3,331,952
Hood River Capital Management LLC3,562,140$58.2M+1,126,377
Vanguard Capital Management LLC2,717,954$44.4M+133,694
AWM Investment Company, Inc.2,537,522$41.5M+499,912
Driehaus Capital Management LLC2,171,013$35.5M+6,305
Tema ETFs LLC1,986,945$32.5M+1,985,409
Tidal Investments LLC1,952,629$31.9M+1,933,881
Geode Capital Management, LLC1,446,816$23.7M+841,388
Bank of America Corp1,199,328$19.6M+643,291
Goldman Sachs Group Inc1,082,014$17.7M-1,394,885
Citadel Advisors LLC1,055,755$17.3M+272,307
State Street Corp1,044,222$17.1M+788,701
Telemark Asset Management, LLC1,025,000$16.8M+640,000
Needham Investment Management LLC1,010,000$16.5M+482,500
Royce & Associates LP969,621$15.9M-20,000
Emerald Advisers, LLC937,258$15.3Mnew
Jane Street Group, LLC863,505$14.1M+58,689
Relyea Zuckerberg Hanson LLC765,605$12.5M0
Two Sigma Investments, LP678,151$11.1M+561,088
Renaissance Technologies LLC671,737$11M+275,815

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

6 insiders reported holding 3,820,423 shares in total, about $31.1M at the last price.

HolderSharesAs of
North Run Strategic Opportunities Fund I, LPDirector, 10% owner 2,934,8282,934,828 held indirectly June 3, 2026
Rubin ShmuelPresident & CEO, Director 492,497 March 27, 2026
Creviston Steven EDirector 171,412 November 20, 2025
Miranda AlbertChief Financial Officer 145,567 February 2, 2026
Crider Kimberly AnneDirector 69,151 November 20, 2025
Ellis Thomas BDirector, 10% owner 6,9686,968 held indirectly November 20, 2025

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about LPTH

What does Lightpath Technologies Inc do?

Lightpath Technologies Inc is a company in the Technology sector, listed on NASDAQ as LPTH. Its shares trade on NASDAQ under the ticker LPTH.

What is Lightpath Technologies Inc's net worth?

Lightpath Technologies Inc has a market value (market cap) of $511.7M at the latest share price, and shareholders' equity of $149.5M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Lightpath Technologies Inc profitable?

No. In fiscal 2026 it reported a net loss of $20.5M on revenue of $71.7M.

How much revenue does Lightpath Technologies Inc make?

In fiscal 2026 Lightpath Technologies Inc reported revenue of $71.7M. That is 92.8% more than a year earlier.

When did Lightpath Technologies Inc last report?

Its most recent periodic report is the annual report (10-K) filed on September 11, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the other event from November 5, 2026.

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Where the numbers come from

Financial figures are the values Lightpath Technologies Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.