Company / R&D Expense
NLIGHT, INC. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$48.0M
FY2025
5-year range
$41.2M / $54.8M
FY2021-FY2025
Trend
+6.4%
vs FY2024
Sector context
#229 of 264
Information Technology
What the data says
NLIGHT, INC.'s r&d expense of $48M is lower than 87% of companies in the Information Technology sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $15M in FY2019 to $55M in FY2021.
Based on SEC 10-K filings.
$48M in FY2025 with a 5-year CAGR of +17.9%.
Improved from $46M to $48M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.2%
- 5-Year CAGR
- +17.9%
- 10-Year CAGR
- -
Sector benchmark
Bottom 13% in Information TechnologyTop 87% of 264This company $48.0M Sector average $924.6M
▼
-94.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +17.9%, indicating consistent growth.
- In FY2025, r&d expense increased 6.4% year-over-year.
- Ranks #229 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 1.11 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $48.0M | +6.4% |
| FY2024 | $45.1M | -2.3% |
| FY2023 | $46.2M | +12.1% |
| FY2022 | $41.2M | -24.9% |
| FY2021 | $54.8M | +160.3% |
| FY2020 | $21.1M | +39.2% |
| FY2019 | $15.1M | -0.8% |
| FY2018 | $15.2M | +0.8% |
| FY2017 | $15.1M | -0.8% |
| FY2016 | $15.2M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026