# LIGHTPATH TECHNOLOGIES, INC. (LPTH) · Edgar & Edgarette company card

> Lightpath Technologies (LPTH) grew revenue 92.8% in FY2026 to $72 million, operating margin -27.4% against a 2.4% median for semiconductors & related devices, equity 77.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 889971 · fiscal year ended 2026-06-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/LPTH) · [JSON](https://www.pops4.com/boards/company/LPTH.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $72M |
| Revenue growth, 1 year | 92.8% |
| Revenue growth per year | 19.2% |
| Operating margin | -27.4% (prior year -31.8%) |
| Net margin | -28.6% |
| Operating cash flow | −$10M |
| Capital spending | $6M |
| Free cash flow | −$16M |
| Cash | $93M |
| Long-term debt | — |
| Total assets | $194M |
| Total equity | $149M |
| Equity ÷ assets | 77.0% |
| Return on equity | -13.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.01 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative; operating loss: a margin of -27.4% in FY2026; revenue is hard to predict: its 80% range is ±48%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $71.7M (FY2026). Experience: revenue up 92.8% on the year, up 19.2% a year over 4 years; operating margin -27.4%, up from -31.8%. Soundness: equity 77.0% of assets, return on equity -13.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $65.6M and $188.5M next year (method v4.1: its own 6-year record of growth weighed at 63% against $50M–100M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $68.3M to $181.7M. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin -27.4% against a 2.4% median; growth 92.8% against 15.5%.

Range logged 2026-09-24, receipt 8652bcefe36b4b6b, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

No warning filings in the window.

## Recent filings

- DEF 14A · filed 2026-10-26 · [filing](https://www.sec.gov/Archives/edgar/data/889971/000143774926033521/0001437749-26-033521-index.htm)
- 10-K · filed 2026-09-11 · [filing](https://www.sec.gov/Archives/edgar/data/889971/000143774926030106/0001437749-26-030106-index.htm)
- 8-K · filed 2026-09-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/889971/000143774926030074/0001437749-26-030074-index.htm)
- 8-K · filed 2026-07-23 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/889971/000143774926024234/0001437749-26-024234-index.htm)
- 8-K · filed 2026-06-03 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/889971/000143774926019435/0001437749-26-019435-index.htm)
- 10-Q · filed 2026-05-07 · [filing](https://www.sec.gov/Archives/edgar/data/889971/000143774926015594/0001437749-26-015594-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000889971.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=889971

## Cite

POPS4, Edgar & Edgarette: LIGHTPATH TECHNOLOGIES, INC. (LPTH) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/LPTH. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.