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Financials · COHR

Coherent Corp. (COHR) financials

For the twelve months ended Sep 30, 2026, Coherent Corp. reported $7.91B of revenue and $960.42M of net income.

Revenue, TTM
$7.91B
Revenue growth, YoY
+30.8%
Net income, TTM
$960.42M
Net income growth, YoY
+287.3%
Net margin
12.1%
Free cash flow, TTM
-$1.83B
EPS, diluted, TTM
$4.83
Cash
$1.55B
Total debt
$4.00B
P/E
44.74
P/S
5.43
Market cap
$42.97B
Annual revenue$7.12B
FY2017FY2026
Annual net income$805.00M
FY2017FY2026
Annual free cash flow-$1.02B
FY2017FY2026

COHR revenue and earnings growth

COHR revenueQ1 2027$2.37B

Quarter YoY
+49.9%
QoQ
+15.9%
FY YoY
+22.5%
5Y CAGR
+18.0%
10Y CAGR
+24.0%

COHR revenue was $2.37B in fiscal Q1 2027 (ended Sep 30, 2026), up 49.9% from a year earlier and up 15.9% from the prior quarter. For the full fiscal 2026 it was $7.12B, up 22.5% from fiscal 2025. Compound annual growth was +18.0% over 5 years and +24.0% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

COHR net incomeQ1 2027$384.67M

Quarter YoY
+69.9%
QoQ
+59.9%
FY YoY
16x
5Y CAGR
+22.0%
10Y CAGR
+28.5%

COHR net income was $384.67M in fiscal Q1 2027 (ended Sep 30, 2026), up 69.9% from a year earlier and up 59.9% from the prior quarter. For the full fiscal 2026 it was $805.00M, up about 16-fold from fiscal 2025. Compound annual growth was +22.0% over 5 years and +28.5% over 10 years. Fiscal 2026 is the highest of the 15 fiscal years on file.

COHR EPSQ1 2027$1.90

Quarter YoY
+59.7%
QoQ
+58.3%
5Y CAGR
+11.7%
10Y CAGR
+14.8%

COHR diluted EPS was $1.90 in fiscal Q1 2027 (ended Sep 30, 2026), up 59.7% from a year earlier and up 58.3% from the prior quarter. For the full fiscal 2026 it was $4.12, compared with -$0.52 in fiscal 2025. Compound annual growth was +11.7% over 5 years and +14.8% over 10 years.

COHR free cash flowQ1 2027-$868.23M

COHR free cash flow was -$868.23M in fiscal Q1 2027 (ended Sep 30, 2026), compared with -$57.99M a year earlier. For the full fiscal 2026 it was -$1.02B, compared with $192.76M in fiscal 2025.

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Income statement

Income statement
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Revenue$7.12B$5.81B$4.71B$5.16B$3.32B$3.11B$2.38B$1.36B$1.16B$972.05M
Cost of revenue$4.45B$3.77B$3.25B$3.54B$2.05B$1.93B$1.59B$841.15M$696.59M$583.68M
Gross profit$2.67B$2.04B$1.46B$1.62B$1.27B$1.18B$791.18M$521.35M$462.20M$388.36M
Research and development$722.95M$581.92M$478.79M$499.60M$377.11M$330.11M$339.07M$139.16M$116.88M$96.81M
Selling, general and admin$1.04B$926.45M$854.00M$1.04B$474.10M$445.24M$412.63M$233.52M$208.56M$176.00M
Operating income--$96.12M-$37.12M$414.29M$402.12M$39.48M$148.67M$136.76M$115.56M
Interest expense---$286.87M$121.25M$59.90M$89.41M$22.42M$18.35M$6.81M
Pre-tax income$847.73M$94.18M-$147.65M-$355.56M$281.81M$352.59M-$63.93M$128.81M$122.19M$118.79M
Income tax$60.85M$64.12M$11.12M-$96.10M$47.05M$55.04M$3.10M$21.30M$34.19M$23.51M
Net income$805.00M$49.36M-$156.15M-$259.46M$234.76M$297.55M-$67.03M$107.52M$88.00M$95.27M
EPS, basic$4.34-$0.52-$1.84-$2.93$1.57$2.50-$0.79$1.69$1.41$1.52
EPS, diluted$4.12-$0.52-$1.84-$2.93$1.45$2.37-$0.79$1.63$1.35$1.48
Diluted shares195.4M154.8M151.6M137.6M116.5M115.0M84.8M65.8M65.1M64.5M

Balance sheet

Balance sheet
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Cash and equivalents$1.16B$1.63B$1.79B$837.57M$2.58B$1.59B$493.05M$204.87M$247.04M$271.89M
Short-term investments$825.00M$0--------
Receivables$1.34B$964.05M$848.54M$901.53M$700.33M$658.96M$598.12M$269.64M$215.03M$193.38M
Inventory$2.58B$1.44B$1.29B$1.27B$902.56M$695.83M$619.81M$296.28M$248.27M$203.69M
Current assets$6.93B$3.93B$3.66B$3.25B$4.31B$3.03B$1.79B$812.91M$761.84M$702.30M
Goodwill$4.38B$4.47B$4.46B$4.51B$1.29B$1.30B$1.24B$319.78M$270.68M$250.34M
Total assets$18.30B$14.91B$14.49B$13.71B$7.84B$6.51B$5.23B$1.95B$1.76B$1.48B
Current liabilities$2.85B$1.79B$1.34B$1.08B$1.27B$729.59M$672.89M$270.56M$236.47M$184.95M
Short-term debt$7.92M$188.31M$73.77M$74.84M$403.21M$62.05M$69.25M$23.83M$20.00M$20.00M
Long-term debt$3.21B$3.50B$4.03B$4.23B$1.90B$1.31B$2.19B$443.16M$419.01M$322.02M
Total debt$3.22B$3.69B$4.10B$4.31B$2.30B$1.38B$2.26B$467.00M$439.01M$342.02M
Total liabilities$7.06B$6.43B$6.54B$6.48B$3.46B$2.38B$3.16B$820.56M$737.35M$576.73M
Shareholders' equity$10.90B$6.00B$5.58B$4.99B$3.62B$3.41B$2.08B$1.13B$1.02B$900.56M

Cash flow

Cash flow
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Operating cash flow$79.51M$633.60M$545.73M$634.02M$413.33M$574.35M$297.29M$178.47M$161.01M$118.62M
Capital expenditures$1.10B$440.84M$346.82M$436.06M$314.33M$146.34M$136.88M$137.12M$153.44M$138.52M
Free cash flow-$1.02B$192.76M$198.91M$197.97M$99.00M$428.02M$160.41M$41.35M$7.58M-$19.90M
Investing cash flow-$1.41B-$414.21M-$350.71M-$5.93B-$320.08M-$172.96M-$1.18B-$223.98M-$284.95M-$177.24M
Financing cash flow$1.48B-$451.73M$758.27M$3.55B$862.95M$675.73M$1.17B$4.88M$96.97M$111.57M
Share repurchases----$0$0$1.63M$1.62M$49.88M-
Stock-based compensation$186.47M$160.24M$126.05M$148.87M$73.21M$70.95M$68.48M$21.95M$15.31M$11.76M
Depreciation and amortization$521.89M$553.60M$559.76M$681.69B$286.78M$270.07M$220.88M$92.36M$80.77M$63.64M

Key ratios

Key ratios
Line item
FY2026
Jun 30, 2026
FY2025
Jun 30, 2025
FY2024
Jun 30, 2024
FY2023
Jun 30, 2023
FY2022
Jun 30, 2022
FY2021
Jun 30, 2021
FY2020
Jun 30, 2020
FY2019
Jun 30, 2019
FY2018
Jun 30, 2018
FY2017
Jun 30, 2017
Revenue growth, YoY22.5%23.4%-8.8%55.6%6.8%30.5%74.7%17.6%19.2%17.5%
Net income growth, YoY1530.7%----21.1%--22.2%-7.6%45.5%
EPS growth, YoY-----38.8%--20.7%-8.8%42.3%
Gross margin37.5%35.2%30.9%31.4%38.2%37.9%33.2%38.3%39.9%40.0%
Operating margin--2.0%-0.7%12.5%12.9%1.7%10.9%11.8%11.9%
Net margin11.3%0.8%-3.3%-5.0%7.1%9.6%-2.8%7.9%7.6%9.8%
Free cash flow margin-14.4%3.3%4.2%3.8%3.0%13.8%6.7%3.0%0.7%-2.0%
Return on equity7.4%0.8%-2.8%-5.2%6.5%8.7%-3.2%9.5%8.6%10.6%
Return on assets4.4%0.3%-1.1%-1.9%3.0%4.6%-1.3%5.5%5.0%6.4%
Current ratio2.432.192.723.013.404.152.663.003.223.80
Debt to equity0.300.610.730.860.640.401.090.410.430.38

Source: XBRL data Coherent Corp. files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

COHR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
COHR$7.91B+30.8%$960.42M12.1%$42.97B
IPGP$1.11B+14.8%$40.37M3.6%$2.88B
LITE$3.74B+103.2%-$6.58B-175.8%$54.11B
MKSI$4.77B+24.6%$602.00M12.6%$14.58B
LASR$317.72M+39.6%-$12.78M-4.0%$2.40B
NOVT$1.09B+13.2%$53.13M4.9%$4.50B

COHR FAQ

9 questions
  • What is COHR revenue?
    Coherent Corp. (COHR) reported $7.91B of revenue for the twelve months ended Sep 30, 2026. That is up 30.8% from the year before. Revenue for fiscal 2026 was $7.12B.
  • Is COHR profitable?
    Yes. Coherent Corp. earned $960.42M in net income for the twelve months ended Sep 30, 2026, a net margin of 12.1%.
  • How much cash and debt does COHR have?
    Coherent Corp. reported $1.55B in cash and cash equivalents and $4.00B of debt on its most recent balance sheet in SEC filings.
  • How fast is COHR revenue growing?
    Coherent Corp.'s revenue changed +22.5% in fiscal 2026, to $7.12B. Its compound annual growth rate was +18.0% over 5 years and +24.0% over 10 years.
  • What is COHR gross margin?
    Coherent Corp.'s gross profit was $3.02B on $7.91B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 38.2%.
  • What is COHR free cash flow?
    Coherent Corp. generated -$1.83B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$59.12M less capital expenditures.
  • What is COHR earnings per share?
    Diluted earnings per share were $4.83 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did COHR last report financial results?
    The latest statements here come from Coherent Corp.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
  • Where does this COHR financial data come from?
    Quantisnow builds these statements from the structured XBRL data Coherent Corp. files with the SEC. It is provided for information only and is not investment advice.