nLightLASR 63 Gross Margin % is 33.07% as of Mar. 2026, which is 20% above its 10-year median of 27.64. GuruFocus rates LASR with a GF Score™ of 63/100 and a GF Value™ of $15.04 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,011 Semiconductors companies, nLight ranks better than 52.82% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. nLight's Gross Profit for the
three
months ended in Mar. 2026 was $26.5 Mil. nLight's Revenue for the
three
months ended in Mar. 2026 was $80.2 Mil. Therefore, nLight's Gross Margin % for the quarter that ended in Mar. 2026 was 33.07%.
Warning Sign:
nLight Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.
The historical rank and industry rank for nLight's Gross Margin % or its related term are showing as below:
LASR'
s Gross Margin % Range Over the Past 10 Years
Min: 16.63 Med: 27.64 Max: 34.99
Current: 31.29
During the past 10 years, the highestGross Margin % of nLight was 34.99%. The lowest was 16.63%. And the median was 27.64%.
LASR's Gross Margin % is ranked better than 52.82% of 1011
companies
in the Semiconductors industry
Industry Median: 29.61
vs LASR: 31.29
nLight had a gross margin of 33.07% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for nLight was -2.90% per year.
nLight (NAS:LASR) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
nLight had a gross margin of 33.07% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
nLight Gross Margin % Related Terms
nLight Gross Margin % Historical Data
* Premium members only.
The historical data trend for nLight's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductors subindustry, nLight's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
nLight Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, nLight's Gross Margin % distribution charts can be found below:
* The bar in red indicates where nLight's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
nLight (LASR) has a Gross Margin % of 33.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on nLight and its competitors. This is 20% above median its historical median of 27.64. Over the past decade, nLight's Gross Margin % has ranged from 16.63 to 34.99. According to the industry distribution chart, nLight ranks #477 out of 1011 companies in the Semiconductors industry, placing it in the top 47.2%.
Is nLight's Gross Margin % too high?
nLight's current Gross Margin % of 33.07% is 20% above median its 10-year median of 27.64. Over the past 10 years, this metric has ranged from a low of 16.63 to a high of 34.99. The Semiconductors industry median Gross Margin % is 29.61. nLight's value of 33.07% is 11.7% above this industry median. Based on the distribution chart, nLight ranks #477 out of 1011 companies in the Semiconductors industry, which is above the industry midpoint. Overall, nLight has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nLight's Gross Margin % compare to PI and POWI?
According to the Semiconductors industry distribution chart, nLight ranks #477 out of 1011 companies for Gross Margin %. This puts nLight in the upper half of its industry. The industry median Gross Margin % is 29.61. nLight's value of 33.07% is 11.7% above this benchmark. Historically, nLight's own Gross Margin % has ranged from 16.63 to 34.99 over the past decade. While the company's 10-year median is 27.64 vs. the industry median of 29.61, nLight has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. nLight's current Gross Margin % of 33.07% is 11.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on nLight and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. nLight's current Gross Margin % is 33.07%, which is 20% above median its own 10-year median of 27.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nLight stock overvalued right now?
Based on GuruFocus' analysis, nLight (LASR) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.04, compared to a current price of $63.81 — trading 324.3% above its estimated fair value. The current Gross Margin % is 33.07%, which is 20% above median its 10-year median of 27.64 and 11.7% above the Semiconductors industry median of 29.61. nLight's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For nLight (LASR), the current Gross Margin % is 33.07% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is nLight (LASR) Overvalued in 2026?
Based on GuruFocus' analysis, nLight stock appears to be overvalued.
The current stock price of $63.81 is trading 324.3% above its estimated GF Value™ of $15.04.
GuruFocus considers nLight to be Significantly Overvalued.
Key valuation signals for LASR:
Gross Margin %: 33.07% (20% above median its 10-year median of 27.64)
GF Value™: $15.04 vs. price of $63.81 (324.3% above fair value)
Industry Position: 11.7% above the Semiconductors median (#477 of 1011)
No single metric tells the full story. See the LASR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 segment, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced 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, of which maximum revenue is derived from North America.
63GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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