LightPath Technologies Reports Fiscal 2027 First Quarter Financial Results

LightPath Technologies reported fiscal 2027 first-quarter revenue of $20.8 million, up 38% year over year, while gross profit rose 92% to $8.6 million and gross margin expanded to 41.4% from 29.8%. Its net loss narrowed to $1.7 million from $2.9 million a year earlier. The company’s record order backlog increased 54% to $132.9 million, with about $110.8 million expected to be delivered within 12 months. Management cited significant new orders, including more than $30 million in follow-on counter-unmanned aircraft system orders secured between July and October 2026.