EX-99.1 2 lpth_ex991.htm PRESS RELEASE lpth_ex991.htm EXHIBIT 99.1 LightPath Technologies Reports Fiscal 2026 First Quarter Financial Results ORLANDO, FL - November 11, 2025 - LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced financial results for its fiscal first quarter ended September 30, 2025. Financial Summary: Three Months Ended September 30, $ in millions 2025 2024 % Change ─────────────────────────────────────────────────────────────────────────────────── Revenue $15.1 $8.4 79 Gross Profit $4.5 $2.8 58 Operating Expenses $7.0 $4.2 66 Net Income (Loss) $(2.9 ) $(1.6) (78 Adjusted EBITDA* (non-GAAP) $0.4 $(0.2) 315 First Quarter Fiscal 2026 & Subsequent Highlights: Receiv…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
LightPath Technologies, Inc.
LPTHNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On November 11, 2025, LightPath Technologies, Inc. issued a press release announcing the results for its fiscal 2026 first quarter ended September 30, 2025. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Company context
LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading provider of next-generation optics and imaging systems for both defense and commercial applications. As a vertically integrated solutions provider with in-house engineering design support, LightPath’s family of custom solutions range from proprietary BlackDiamond™ chalcogenide-based glass materials - sold under exclusive license from the U.S. Naval Research Laboratory - to complete infrared optical systems and thermal imaging assemblies. The Company's primary manufacturing footprint is located in Orlando, Florida with additional facilities in Texas, New Hampshire, Latvia and China. To learn more, please visit www.lightpath.com.