COHR · Coherent Corp. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · COHR

1Y Max

Annual Quarterly

Income Statement

Line item	Q3 '26	Q2 '26	Q1 '26	Q2 '25	Q3 '25	Q1 '25	Q2 '24	Q3 '24	Q1 '24	Q2 '23
Revenue	$1.81B	$1.69B	$1.58B	$1.43B	$1.50B	$1.35B	$1.13B	$1.21B	$1.05B	$1.37B
Cost of Revenue	$1.13B	$1.06B	$1.00B	$925.31M	$970.19M	$888.00M	$780.79M	$842.32M	$746.19M	$959.10M
Gross Profit	$679.95M	$622.82M	$579.20M	$509.35M	$527.69M	$460.13M	$350.64M	$366.49M	$306.89M	$411.19M
R&D	$185.99M	$165.71M	$154.88M	$143.85M	$150.73M	$131.60M	$111.16M	$127.48M	$113.49M	$128.79M
SG&A	$267.64M	$258.49M	$252.08M	$220.61M	$231.44M	$228.97M	$209.16M	$205.17M	$211.70M	$274.15M
Total Operating Expenses	$1.62B	$1.52B	$1.36B	$1.31B	$1.49B	$1.33B	$1.17B	$1.24B	$1.14B	$1.44B
D&A	-	-	$52.98M	-	-	$65.88M	$138.02M	$139.74M	$138.36M	$169.91M
Operating Income	$184.35M	$167.99M	$216.89M	$128.40M	$9.89M	$19.30M	$31.89M	$22.30M	($21.31M)	$8.25M
Interest Expense	-	-	-	-	-	-	$74.68M	$72.75M	$73.26M	$70.90M
Income Tax	$2.67M	$24.17M	($8.31M)	$26.86M	$8.13M	($5.56M)	($8.93M)	($16.12M)	($20.76M)	($21.28M)
Net Income	$191.40M	$146.72M	$226.35M	$103.39M	$15.71M	$25.89M	($26.99M)	($13.19M)	($67.53M)	($45.07M)
EPS - Basic	$1.01	$0.87	$1.24	$0.46	($0.11)	($0.04)	($0.38)	($0.29)	($0.65)	($0.58)
EPS - Diluted	$0.97	$0.76	$1.19	$0.44	($0.11)	($0.04)	($0.38)	($0.29)	($0.65)	($0.58)

Balance Sheet

Line item	Q3 '26	Q2 '26	Q1 '26	Q2 '25	Q3 '25	Q1 '25	Q2 '24	Q3 '24	Q1 '24	Q2 '23
Cash & Equivalents	$1.59B	$863.74M	$852.78M	$909.20M	$890.26M	$935.22M	$926.03M	$898.58M	$944.86M	$837.57M
Accounts Receivable	$1.19B	$1.05B	$1.03B	$964.05M	$1.01B	$819.71M	$848.54M	$955.64M	$795.73M	$901.53M
Inventory	$2.13B	$1.85B	$1.63B	$1.44B	$1.39B	$1.39B	$1.29B	$1.29B	$1.28B	$1.27B
Accounts Payable	$1.34B	$1.12B	$953.89M	$846.98M	$777.33M	$689.67M	$631.55M	$593.50M	$449.13M	$405.31M
Current Assets	$6.45B	$4.39B	$4.04B	$3.93B	$3.70B	$3.63B	$3.66B	$3.55B	$3.24B	$3.25B
Total Assets	$17.29B	$15.09B	$14.70B	$14.91B	$14.44B	$14.70B	$14.49B	$14.52B	$13.52B	$13.71B
Current Liabilities	$2.11B	$1.95B	$1.74B	$1.79B	$1.50B	$1.36B	$1.34B	$1.31B	$1.08B	$1.08B
Long-term Debt	$3.18B	$3.25B	$3.26B	$3.50B	$3.73B	$3.92B	$4.03B	$4.08B	$4.22B	$4.23B
Total Liabilities	$6.27B	$6.20B	$6.01B	$6.43B	$6.28B	$6.43B	$6.54B	$6.48B	$6.42B	$6.48B
Stockholders' Equity	$10.68B	$8.54B	$5.83B	$5.64B	$5.35B	$5.50B	$5.21B	$5.34B	$4.83B	$4.99B
Retained Earnings	$1.11B	$922.34M	$777.24M	$584.37M	$713.13M	$659.00M	$664.94M	$744.79M	$846.71M	$944.42M

Cash Flow

Line item	Q3 '26	Q2 '26	Q1 '26	Q2 '25	Q3 '25	Q1 '25	Q2 '24	Q3 '24	Q1 '24	Q2 '23
Operating Cash Flow	-	-	$45.95M	-	-	$152.98M	-	-	$198.80M	-
Investing Cash Flow	-	-	$296.80M	-	-	($65.73M)	-	-	($64.17M)	-
Financing Cash Flow	-	-	($421.49M)	-	-	($125.66M)	-	-	($17.88M)	-
CapEx	-	-	$103.95M	-	-	$91.98M	-	-	$62.20M	-
Free Cash Flow	-	-	($57.99M)	-	-	$61.00M	-	-	$136.61M	-

Ratios

Metric	Q3 '26	Q2 '26	Q1 '26	Q2 '25	Q3 '25	Q1 '25	Q2 '24	Q3 '24	Q1 '24	Q2 '23
Profitability
Gross margin	37.7%	36.9%	36.6%	35.5%	35.2%	34.1%	31.0%	30.3%	29.1%	30.0%
Operating margin	10.2%	10.0%	13.7%	9.0%	0.7%	1.4%	2.8%	1.8%	-2.0%	0.6%
EBITDA margin	-	-	17.1%	-	-	6.3%	15.0%	13.4%	11.1%	13.0%
Net margin	10.6%	8.7%	14.3%	7.2%	1.0%	1.9%	-2.4%	-1.1%	-6.4%	-3.3%
Free cash flow margin	-	-	-3.7%	-	-	4.5%	-	-	13.0%	-
FCF / Net income	-	-	-0.26	-	-	2.36	-	-	-2.02	-
R&D / Revenue	10.3%	9.8%	9.8%	10.0%	10.1%	9.8%	9.8%	10.5%	10.8%	9.4%
SG&A / Revenue	14.8%	15.3%	15.9%	15.4%	15.5%	17.0%	18.5%	17.0%	20.1%	20.0%
Effective tax rate	1.4%	14.1%	-3.8%	20.6%	34.1%	-27.3%	-	-	-	-
Return on assets	1.1%	1.0%	1.5%	0.7%	0.1%	0.2%	-0.2%	-0.1%	-0.5%	-0.3%
Return on equity	1.8%	1.7%	3.9%	1.8%	0.3%	0.5%	-0.5%	-0.2%	-1.4%	-0.9%
Return on invested capital	1.3%	1.2%	2.4%	1.1%	0.1%	0.2%	0.3%	0.2%	-0.2%	0.1%
Liquidity
Current ratio	3.05	2.25	2.33	2.19	2.47	2.67	2.72	2.71	2.99	3.01
Quick ratio	2.04	1.30	1.39	1.39	1.54	1.65	1.77	1.72	1.81	1.84
Cash ratio	0.75	0.44	0.49	0.51	0.59	0.69	0.69	0.69	0.87	0.78
Leverage
Debt / Equity	0.30	0.38	0.56	0.62	0.70	0.71	0.77	0.77	0.87	0.85
Debt / Assets	0.18	0.22	0.22	0.23	0.26	0.27	0.28	0.28	0.31	0.31
Debt / EBITDA	-	-	12.08	-	-	46.00	23.70	25.20	36.05	23.77
Interest coverage	-	-	-	-	-	-	0.4x	0.3x	-0.3x	0.1x
Equity multiplier	1.62	1.77	2.52	2.64	2.70	2.67	2.78	2.72	2.80	2.75
Liabilities / Assets	0.36	0.41	0.41	0.43	0.43	0.44	0.45	0.45	0.47	0.47
Efficiency
Asset turnover	0.10	0.11	0.11	0.10	0.10	0.09	0.08	0.08	0.08	0.10
Inventory turnover	0.53	0.58	0.61	0.64	0.70	0.64	0.61	0.65	0.58	0.75
Days sales outstanding	240d	228d	237d	245d	246d	222d	274d	289d	276d	240d
Days inventory outstanding	690d	635d	595d	567d	524d	570d	601d	560d	626d	484d
Days payable outstanding	436d	384d	347d	334d	292d	283d	295d	257d	220d	154d
Cash conversion cycle	494d	479d	484d	478d	477d	508d	580d	591d	683d	570d
Valuation
P / E	245.6x	242.9x	90.5x	202.7x	-	-	-	-	-	-
P / B	4.4x	4.2x	3.5x	2.5x	1.9x	2.5x	2.1x	1.7x	-	-
P / S	25.9x	21.1x	13.0x	9.9x	6.7x	10.1x	9.7x	7.6x	-	-
EV / EBITDA	-	-	85.0x	-	-	195.4x	82.9x	76.6x	-	-
Growth
Revenue growth (YoY)	20.5%	17.5%	17.3%	26.8%	23.9%	28.0%	-17.4%	-2.5%	-21.7%	69.8%
Revenue CAGR (3y)	13.3%	7.1%	5.6%	21.2%	21.9%	19.2%	12.9%	15.6%	13.1%	27.2%
Revenue CAGR (5y)	18.2%	16.5%	16.8%	16.6%	19.0%	31.7%	27.0%	28.7%	32.1%	37.2%
Gross profit growth (YoY)	28.9%	22.3%	25.9%	45.3%	44.0%	49.9%	-14.7%	-12.8%	-30.8%	32.1%
Operating income growth (YoY)	1764.0%	30.8%	1023.6%	302.7%	-55.7%	-	286.7%	-66.9%	-	-91.6%
Net income growth (YoY)	1118.3%	41.9%	774.4%	-	-	-	40.1%	-	-74.5%	-
EPS growth (YoY)	-	72.7%	-	-	62.1%	93.8%	34.5%	-20.8%	-16.1%	-
EPS CAGR (3y)	-	-	-	0.0%	-	-	-	-	-	-
EPS CAGR (5y)	8.0%	0.8%	25.6%	-	-	-	-	-	-	-
FCF growth (YoY)	-	-	-	-	-	-55.3%	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-	-	-	-	-
Book value growth (YoY)	99.5%	51.3%	6.0%	8.3%	0.3%	13.8%	4.5%	1.8%	-3.5%	37.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-06-30.

Business segments

$1.71B total

Lasers Segment$1.13B · 66.1%

Materials Segment$516.77M · 30.3%

Networking Segment$61.97M · 3.6%

Geographic

$5.81B total

North America$3.56B · 61.4%

Europe$698.80M · 12.0%

CN$680.11M · 11.7%

Rest Of World$475.75M · 8.2%

JP$390.61M · 6.7%

Peer comparison

Same SIC group: Optical Instruments & Lenses

Company	Revenue (last FY)	Net margin	ROE
KLAC	$12.16B	33.4%	86.6%
MSAI	$5.55M	-211.0%	-36.6%
OPXS	$41.34M	12.5%	21.2%
OLIT	$28.08M	-6.4%	-18.8%
NVMI	$880.58M	29.4%	19.7%

Comparing COHERENT CORP. against the 5 most active filers in the same SIC group.