We investigated gain and lasing in spin-coated films of a soluble substituted oligothiophene. With increasing excitation power, the photoluminescence spectra show a clear line narrowing due to amplified spontaneous emission. We measure a low threshold (20 μJ cm−2) for line narrowing and a large gain cross section (6×10−16 cm2), indicating that this molecule is a promising active material for organic solid-state lasers. As a demonstrator, we realize a transverse electromagnetic (TEM00) single-mode laser with tunable emission from the yellow to the red (a range of 37 nm), with a pump threshold as low as 18 μJ cm−2 and efficiency of 1.9%. These results are among the best so far reported for organic lasers.