nLightLASR -1.50%63 Pretax Margin % is 0.87% as of Mar. 2026. 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 1,023 Semiconductors companies, nLight ranks worse than 69.5% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. nLight's Pre-Tax Income for the
three
months ended in Mar. 2026 was $0.7 Mil. nLight's Revenue for the
three
months ended in Mar. 2026 was $80.2 Mil. Therefore, nLight's pretax margin for the quarter that ended in Mar. 2026 was 0.87%.
The historical rank and industry rank for nLight's Pretax Margin % or its related term are showing as below:
LASR'
s Pretax Margin % Range Over the Past 10 Years
Min: -30.66 Med: -10.18 Max: 9.16
Current: -4.87
LASR's Pretax Margin % is ranked worse than 69.5% of 1023
companies
in the Semiconductors industry
Industry Median: 5.08
vs LASR: -4.87
nLight (NAS:LASR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
nLight Pretax Margin % Related Terms
nLight Pretax Margin % Historical Data
* Premium members only.
The historical data trend for nLight's Pretax 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.
LASR vs PI, POWI, HIMX: Pretax Margin % Comparison
For the Semiconductors subindustry, nLight's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, nLight's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where nLight's Pretax 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.
nLight (LASR) has a Pretax Margin % of 0.87% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on nLight and its competitors. According to the industry distribution chart, nLight ranks #711 out of 1023 companies in the Semiconductors industry, placing it in the top 69.5%.
Is nLight's Pretax Margin % too high?
nLight's current Pretax Margin % is 0.87%. The Semiconductors industry median Pretax Margin % is 5.08. nLight's value of 0.87% is 82.9% below this industry median. Based on the distribution chart, nLight ranks #711 out of 1023 companies in the Semiconductors industry, which is below 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 Pretax Margin % compare to PI and POWI?
According to the Semiconductors industry distribution chart, nLight ranks #711 out of 1023 companies for Pretax Margin %. This places nLight in the lower half of its industry. The industry median Pretax Margin % is 5.08. nLight's value of 0.87% is 82.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. nLight's current Pretax Margin % of 0.87% is 82.9% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on nLight and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. nLight's current Pretax Margin % is 0.87%. 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 $62.85 — trading 317.9% above its estimated fair value. The current Pretax Margin % is 0.87% and 82.9% below the Semiconductors industry median of 5.08. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For nLight (LASR), the current Pretax Margin % is 0.87% 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 $62.85 is trading 317.9% above its estimated GF Value™ of $15.04.
GuruFocus considers nLight to be Significantly Overvalued.
Key valuation signals for LASR:
Pretax Margin %: 0.87%
GF Value™: $15.04 vs. price of $62.85 (317.9% above fair value)
Industry Position: 82.9% below the Semiconductors median (#711 of 1023)
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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