LENSAR, Inc. (LNSR)

From the record

LENSAR, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

LENSAR, Inc.'s 7 filed years say what it did: revenue went from $31 million in fiscal 2019 to $58 million in fiscal 2025, up 11.4% a year; it rose in 5 of 6 years; the deepest fall was 14% from fiscal 2019 to fiscal 2020; net income was positive in 0 of 7 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, LENSAR, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 38 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 136 cents per dollar of assets, and net share issuance: its share count grew 3.8% over the year (the filed statements).

From the record

LENSAR, Inc.'s standing among 109 graded names in its industry family: revenue of $58 million in fiscal 2025 ranks in the bottom 45% by size; a net margin of -58.7% ranks in the bottom 34%; revenue growth of 18.2% a year over the last 3 filed years ranks in the top 42% (its annual reports).

From the record

LENSAR, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Curtis, Nicholas T (Chief Executive Officer, as filed), filing under that title since 2020-09-17, 6.2 years (top 40% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 6 years (top 42%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 37%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

LENSAR, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $13 million against no long-term debt tagged leaves 18.2% of its assets as net cash, top 39% of its family; cash from operations less capital spending is -25.5% of revenue (bottom 39%); a gross margin of 46.4% (bottom 28%); research spending of 9.6% of revenue (bottom 43%) (its annual report).

From the record

LENSAR, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 18.2% a year over the last three filed years against 11.4% over all 7, speeding up (top 14% of its family); the newest year grew 9.2% (bottom 38%); research spending grew -21.9% a year (bottom 4%); capital spending grew -10.3% a year (bottom 40%) (its annual reports). LENSAR, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

LENSAR, Inc.'s newest year against its own record: revenue of $58 million in fiscal 2025 came in 11.2% below the $66 million its prior three years' pace pointed to (bottom 31% of its family); net income of $34 million against a prior three-year average of $22 million (bottom 15%); a net margin of -58.7% against -49.7% before (bottom 13%) (its annual reports).