LPTH

Over the past six months, LightPath Technologies' stock has seen significant activity. As of October 2, 2026, the share price increased by 31.74% over the last year, and by September 24, 2026, it showed a 46.06% increase over the last 12 months. In fiscal year 2026, revenue grew by 93% to $71.7 million, driven by infrared components and assemblies and modules, with a total backlog of $110.9 million. Despite this, the company reported a wider net loss of $20.5 million due to higher non-cash fair value adjustments and increased operating expenses. Liquidity improved significantly with $93.2 million in cash, supported by $120.2 million in net equity proceeds from offerings in December 2025 and June 2026. Other events include joining the Russell 3000® Index on June 29, 2026, receiving substantial follow-on orders for optical assemblies and infrared cameras in July 2026, and announcing a definitive agreement to divest its China operations in July 2026.