What move does the options market price into Nlight's report?

Implied ±14.5%, either direction.

How often does Nlight move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

LASRNasdaqSemiconductors & Related Devices

Nlight, Inc. (LASR) earnings date, market-implied expected move, and options open interest by expiry

36.54

pre 37.20 +1.89%

Pre-market05:34 ETdelayed

Open37.20Volume593,714Mkt cap$2.0BEPS-0.30

Day37.20 – 37.2050%52-wk28.05 – 86.9516%

LASR

Nlight, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±14.5%implied · report alone

8Q avg ±16.2%·×0.89·fair

31.2341.79

straddle ±15.0%

spot 36.51exp Nov 6ATM strike 37ATM straddle 6.45IV 243%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

−25.56%

vs ±13.3% implied · ×1.92

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

75.00%

of LASR revenue · Top ten customers

customerLASR 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+12.74%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

358 managers

Top fund weight

0.99%

LASR weight · NASA

N-PORTAug 31 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Nlight (LASR) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±15.8%
avg realized: ±16.2%

Feb 27 '25Feb 27 '25confirmed±15.6%▲+0.99%×0.06

May 8 '25May 8 '25confirmed±21.5%▲+35.54%×1.65

Aug 7 '25Aug 7 '25confirmed±14.4%▲+27.75%×1.93

Q3 FY25Nov 6 '25confirmed±14.1%▲+14.67%×1.04

Q4 FY25Jan 13 '26confirmed±6.0%▲+2.77%×0.46

Q1 FY26Feb 26 '26confirmed±24.5%▼−10.74%×0.44

May 7 '26May 7 '26confirmed±16.6%▲+11.66%×0.70

Aug 6 '26Aug 6 '26confirmed±13.3%▼−25.56%×1.92

quarterimplied−40%0+40%realized×

Aug '26±13.3%▼−25.56%×1.92

May '26±16.6%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 7 expiries · Oct 26 close

0.73OI · 7 expiries · Oct 26 closeP/C open interest · Nov 6 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

2170%Nov 62d297+1%

80+3%Nov 139d1.40570%1.40

220−2%Nov 2016d0.082,8380%0.08

30+50%Nov 2723d0.4863+2%0.48

15—Dec 430d—0——

2 later expiries

11,0200%Dec 1844d2.823,9050%2.82

1,0350%Mar 19135d0.88

ExpiryPutsCallsP/C

Nov 62d2170%297+1%0.73

Nov 139d80+3%570%1.40

Nov 2016d220−2%2,8380%0.08

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±15.0%

Funds 4

NASA±0.1%

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ1 FY26

0.80%as filednet margin · revenue −1.24% QoQ · +55.19% YoY

Revenue$80M−1.24%

Gross profit$27M33.07%+6.25%

Operating income−$719,000−0.90%+86.70%

Pre-tax income$698,000+115.05%

Net income$645,0000.80%+113.14%

Cost of revenue$54M−4.56%

Operating expenses$27M−10.30%

Tax$53,000−80.51%

Other income$1M+84.51%

Source: SEC filings · standardized · QE Mar 31 '26 · bars = % of revenue

Revenue flow

Intraday

No trades yet today.

Intraday

Event sensitivity

NFP ×2.37· ±7.3% vs ±3.1% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±7.3%3 of 10×2.37

PPIproducer prices±5.3%2 of 10×1.74

GDPgross domestic product±3.3%9 of 19×1.08

CPIconsumer prices±3.2%7 of 10×1.05

CPROFcorporate profits±2.9%6 of 12×0.94

PCEpersonal income & outlays±2.7%10 of 19×0.88

FOMCrate decision±2.1%10 of 24×0.69

Bar = avg |move| to ±8% · tick = ±3.1% avg day · ×base = |move| ÷ ±3.1% · min 6 releases

Earnings history

EPS 0.01 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY26	Feb 26 '26 · confirmed	0.01	—
Q4 FY25	Jan 13 '26 · confirmed	-0.10	—
Q3 FY25	Nov 6 '25 · confirmed	-0.14	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod