Light & Magic is the second studio album by English electronic music band Ladytron. It was released in the United States on 17 September 2002 by Emperor Norton and in the United Kingdom on 2 December 2002 by Telstar Records. The album has been reissued multiple times, most recently by Nettwerk in January 2011.

An earlier version of the song "NuHorizons" appeared as a B-side to the band's 2001 single "The Way That I Found You", under the title "Holiday 601". "Seventeen" is part of the soundtrack to the 2003 film Party Monster, while its instrumental was used in television advertisements for Christina Aguilera's 2008 fragrance Inspire.

Drowned in Sound ranked Light & Magic at number 14 on its Top 41 Albums of the Year list. Rolling Stone included the album on its 50 Best Albums of 2002 list. British dance music magazine Muzik named it the best electropop album of 2002. NME included it at number 41 on their Albums and Tracks of the Year for 2002 list.