nLIGHT at a Glance

Gross Margin | Product and Development Revenue and Gross Margin - Quarterly $ Millions; % of Revenue $80 Revenue Overall GM % 40% $70 35% 36% 34% 35% 34% Products GM % 37% 36% 36% 36% 32% 33% 35% 33% 33% 30% 30% $60 32% 30% 31% 28% 30% 29% 30% 30% 29% 29% 30% $50 24% 24% 28% 27% 25% 25% 25% 25% 24% 23% $40 22% 22% 20% $30 15% 15% $20 10% $10 5% $0 0% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2016 2017 2018 2019 2020 2021 2022 NLIGHT == 34

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