SEC filings · customer concentration · LASR

Nlight's major customers

U.S. Government accounted for 36% of Nlight's revenue in FY 2025, up from 19% a year earlier.

1major customers now
36%of revenue from them
0listed suppliers depending on it
2017–2026years covered
Free

Get an email when Nlight's customer concentration changes

When a new annual report adds a 10% customer, drops one, or moves a share by 5 points or more, you get the change and the filing link. Up to 10 companies per address, no account, unsubscribe with one click.

Major customers of Nlight

Customers that Nlight named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
U.S. Government36%▲ from 19%FY 2020: 15%FY 2021: 22%FY 2022: 17%FY 2023: 18%FY 2024: 19%FY 2025: 36%6 yearsFY 2025 · filed 27 Feb 2026

Formerly disclosed

CustomerShare of revenueChange vs prior yearHistoryLatest filing
KORD Technologies12%last FY 2024FY 2024: 12%1 yearFY 2024 · filed 27 Feb 2026
Quick Laser Technology12%last FY 2020FY 2019: 11%FY 2020: 12%2 yearsFY 2020 · filed 27 Feb 2023
Raytheon12%last FY 2020FY 2019: 13%FY 2020: 12%2 yearsFY 2020 · filed 26 Feb 2021
Suzhou Quick Laser Technology Co.Ltd12%last FY 2020FY 2017: 14%FY 2018: 13%FY 2019: 11%FY 2020: 12%4 yearsFY 2020 · filed 26 Feb 2021
Raytheon Technologies10%last FY 2024FY 2019: 13%FY 2020: 12%FY 2024: 10%3 yearsFY 2024 · filed 27 Feb 2026

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

All companies · Latest dependency shifts · Bulk data and API