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Coherent, Inc.(COHR)Earnings, Financials & Key Ratios
COHR•NASDAQ
$344.67
$54.66B mkt cap·Price updated May 6, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryPhotonics, Lasers and Optical Components
AboutCoherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications. It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California. As of July 1, 2022, Coherent, Inc. operates as a subsidiary of II-VI Incorporated.Show more
- Revenue$5.81B+23.4%
- EBITDA$1.1B+61.4%
- Net Income$49M+131.6%
- EPS (Diluted)-0.52+71.7%
- Gross Margin35.41%+14.5%
- EBITDA Margin18.98%+30.8%
- Operating Margin9.45%+261.1%
- Net Margin0.85%+125.6%
- ROE0.6%+129.2%
- ROIC3.61%+334.5%
- Debt/Equity0.46-15.2%
- Interest Coverage2.27+431.3%
COHR Key Insights
Coherent, Inc. (COHR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Momentum leader: RS Rating 96 (top 4%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 19.5%
✗Weaknesses
- ✗Thin 5Y average net margin of 1.8%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
COHR Price & Volume
Coherent, Inc. (COHR) stock price & volume — 10-year historical chart
Loading chart...
COHR Growth Metrics
Coherent, Inc. (COHR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years22.85%
5 Years19.54%
3 Years20.55%
TTM32257.9%
Profit CAGR
10 Years-2.86%
5 Years-
3 Years-40.53%
TTM198447.49%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM997%
Return on Capital
10 Years6.49%
5 Years4.51%
3 Years2.68%
Last Year4.18%
COHR Recent Earnings
Coherent, Inc. (COHR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 4, 2026EPS
$1.29
Est $1.21
+6.6%
Revenue
$1.7B
Est $1.6B
+2.7%
Q4 2025
Nov 5, 2025EPS
$1.16
Est $1.04
+11.5%
Revenue
$1.6B
Est $1.6B
+1.8%
Q3 2025
Aug 13, 2025EPS
$1.00
Est $0.92
+8.7%
Revenue
$1.5B
Est $1.5B
-1.2%
Q2 2025
May 7, 2025EPS
$0.91
Est $0.86
+6.3%
Revenue
$1.5B
Est $1.5B
-0.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 4, 2026 | $1.29vs $1.21+6.6% | $1.7Bvs $1.6B+2.7% |
| Q4 2025 | Nov 5, 2025 | $1.16vs $1.04+11.5% | $1.6Bvs $1.6B+1.8% |
| Q3 2025 | Aug 13, 2025 | $1.00vs $0.92+8.7% | $1.5Bvs $1.5B-1.2% |
| Q2 2025 | May 7, 2025 | $0.91vs $0.86+6.3% | $1.5Bvs $1.5B-0.2% |
Based on last 12 quarters of dataView full earnings history →
COHR Peer Comparison
Coherent, Inc. (COHR) competitors in Photonics, Lasers and Optical Components — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LITE | 67.42B | 944.28 | 2552.11 | 21.03% | 17.68% | 30.68% | 2.30 | |
 VIAV | 12.26B | 53.00 | 353.33 | 8.39% | -4.03% | -6.92% | 0.89 | |
 IPGP | 4.33B | 101.94 | 139.64 | 2.73% | 2.78% | 1.37% | ||
 MKSI | 19.78B | 293.77 | 67.22 | 9.62% | 7.51% | 11.54% | 1.73 | |
 AAOI | 14.09B | 178.54 | -278.97 | 82.75% | -8.39% | -7.54% | 0.23 | |
 CIEN | 81.59B | 576.79 | 678.58 | 18.79% | 4.47% | 8.26% | 0.58 | |
 ACMR | 3.67B | 55.38 | 40.42 | 15.24% | 10.44% | 6.11% | 0.16 | |
 CSCO | 362.87B | 91.63 | 35.93 | 5.3% | 18.76% | 23.21% | 0.63 |
Compare COHR vs Peers
Coherent, Inc. (COHR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
COHR Income Statement
Coherent, Inc. (COHR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 972.05M | 1.16B | 1.36B | 2.38B | 3.11B | 3.32B | 5.16B | 4.71B | 5.81B | 1.81T |
| Revenue Growth % | 17.51% | 19.21% | 17.58% | 74.68% | 30.5% | 6.78% | 55.58% | -8.77% | 23.42% | 32257.9% |
| Cost of Goods Sold | 583.68M | 696.59M | 841.15M | 1.5B | 1.93B | 2.05B | 3.38B | 3.25B | 3.75B | 3.03B |
| COGS % of Revenue | 60.05% | 60.11% | 61.74% | 63.07% | 62.09% | 61.84% | 65.42% | 69.07% | 64.59% | - |
| Gross Profit | 388.36M▲ 0% | 462.2M▲ 19.0% | 521.35M▲ 12.8% | 878.88M▲ 68.6% | 1.18B▲ 34.0% | 1.27B▲ 7.5% | 1.78B▲ 41.0% | 1.46B▼ 18.4% | 2.06B▲ 41.3% | 1.76B▲ 0% |
| Gross Margin % | 39.95% | 39.89% | 38.26% | 36.93% | 37.91% | 38.16% | 34.58% | 30.93% | 35.41% | 0.1% |
| Gross Profit Growth % | 24.15% | 19.01% | 12.8% | 68.58% | 33.97% | 7.48% | 40.99% | -18.4% | 41.3% | - |
| Operating Expenses | 272.81M | 325.44M | 372.68M | 751.7M | 775.34M | 851.2M | 1.5B | 1.33B | 1.51B | 454.86B |
| OpEx % of Revenue | 28.07% | 28.08% | 27.35% | 31.58% | 24.96% | 25.66% | 29.15% | 28.31% | 25.96% | - |
| Selling, General & Admin | 176M | 208.56M | 233.52M | 0 | 0 | 474.1M | 0 | 0 | 0 | 267.9B |
| SG&A % of Revenue | 18.11% | 18% | 17.14% | - | - | 14.29% | - | - | - | - |
| Research & Development | 96.81M | 116.88M | 139.16M | 339.07M | 330.11M | 377.11M | 499.6M | 478.79M | 581.92M | 186.46B |
| R&D % of Revenue | 9.96% | 10.09% | 10.21% | 14.25% | 10.63% | 11.37% | 9.68% | 10.17% | 10.02% | - |
| Other Operating Expenses | 0 | 0 | 0 | 412.63M | 445.24M | 0 | 1B | 854M | 926.45M | 2M |
| Operating Income | 115.56M▲ 0% | 136.76M▲ 18.4% | 148.67M▲ 8.7% | 127.18M▼ 14.5% | 402.12M▲ 216.2% | 414.29M▲ 3.0% | 279.98M▼ 32.4% | 123.17M▼ 56.0% | 548.95M▲ 345.7% | 530.22M▲ 0% |
| Operating Margin % | 11.89% | 11.8% | 10.91% | 5.34% | 12.95% | 12.49% | 5.43% | 2.62% | 9.45% | 0.03% |
| Operating Income Growth % | 25.86% | 18.35% | 8.7% | -14.45% | 216.18% | 3.03% | -32.42% | -56.01% | 345.66% | - |
| EBITDA | 179.19M | 217.53M | 241.03M | 348.06M | 672.19M | 701.07M | 961.67M | 682.94M | 1.1B | 913.49M |
| EBITDA Margin % | 18.43% | 18.77% | 17.69% | 14.62% | 21.64% | 21.14% | 18.64% | 14.51% | 18.98% | 0.05% |
| EBITDA Growth % | 20.69% | 21.4% | 10.8% | 44.4% | 93.12% | 4.3% | 37.17% | -28.98% | 61.44% | -11.29% |
| D&A (Non-Cash Add-back) | 63.64M | 80.77M | 92.36M | 220.88M | 270.07M | 286.78M | 681.69M | 559.76M | 553.6M | 383.27M |
| EBIT | 125.6M | 140.55M | 151.23M | 127.18M | 402.12M | 403.06M | 279.98M | 123.17M | 551.95M | 577.49M |
| Net Interest Income | -6.81M | -18.35M | -22.42M | -89.41M | -59.9M | -121.25M | -286.87M | -288.48M | -243.3M | -292.86M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 6.81M | 18.35M | 22.42M | 89.41M | 59.9M | 121.25M | 286.87M | 288.48M | 243.3M | 44.85B |
| Other Income/Expense | 3.23M | -14.57M | -19.86M | -191.11M | -49.53M | -132.49M | -635.54M | -270.82M | -454.77M | -208.75M |
| Pretax Income | 118.79M▲ 0% | 122.19M▲ 2.9% | 128.81M▲ 5.4% | -63.93M▼ 149.6% | 352.59M▲ 651.5% | 281.81M▼ 20.1% | -355.56M▼ 226.2% | -147.65M▲ 58.5% | 94.18M▲ 163.8% | 184.67B▲ 0% |
| Pretax Margin % | 12.22% | 10.54% | 9.45% | -2.69% | 11.35% | 8.5% | -6.89% | -3.14% | 1.62% | 10.2% |
| Income Tax | 23.51M | 34.19M | 21.3M | 3.1M | 55.04M | 47.05M | -96.1M | 11.12M | 64.12M | 2.72B |
| Effective Tax Rate % | 19.79% | 27.98% | 16.53% | -4.85% | 15.61% | 16.7% | 27.03% | -7.53% | 68.09% | 1.48% |
| Net Income | 95.27M▲ 0% | 88M▼ 7.6% | 107.52M▲ 22.2% | -67.03M▼ 162.3% | 297.55M▲ 543.9% | 234.76M▼ 21.1% | -259.46M▼ 210.5% | -156.15M▲ 39.8% | 49.36M▲ 131.6% | 191.68B▲ 0% |
| Net Margin % | 9.8% | 7.59% | 7.89% | -2.82% | 9.58% | 7.08% | -5.03% | -3.32% | 0.85% | 10.59% |
| Net Income Growth % | 45.49% | -7.63% | 22.18% | -162.34% | 543.92% | -21.1% | -210.52% | 39.82% | 131.61% | 198447.49% |
| Net Income (Continuing) | 95.27M | 88M | 107.52M | -67.03M | 297.55M | 234.76M | -259.46M | -158.76M | 30.06M | 191.67B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 371.39M | 353.51M | 338.7B |
| EPS (Diluted) | 1.48▲ 0% | 1.35▼ 8.8% | 1.63▲ 20.7% | -0.79▼ 148.5% | 2.37▲ 400.0% | 1.45▼ 38.8% | -2.93▼ 302.1% | -1.84▲ 37.2% | -0.52▲ 71.7% | -▲ 0% |
| EPS Growth % | 42.31% | -8.78% | 20.74% | -148.47% | 400% | -38.82% | -302.07% | 37.2% | 71.74% | 997% |
| EPS (Basic) | 1.52 | 1.41 | 1.69 | -0.79 | 2.50 | 1.57 | -2.93 | -1.84 | -0.52 | - |
| Diluted Shares Outstanding | 64.51M | 65.13M | 65.8M | 84.83M | 115.03M | 116.51M | 137.58M | 151.6M | 154.8M | 0 |
| Basic Shares Outstanding | 62.58M | 62.5M | 63.58M | 84.83M | 109.86M | 106.19M | 137.58M | 151.6M | 154.8M | 0 |
| Dividend Payout Ratio | - | - | - | - | 6.83% | 14.7% | - | - | 23.17% | - |
COHR Balance Sheet
Coherent, Inc. (COHR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 702.3M | 761.84M | 812.91M | 1.79B | 3.03B | 4.31B | 3.25B | 3.66B | 3.93B | 6.45T |
| Cash & Short-Term Investments | 271.89M | 247.04M | 204.87M | 493.05M | 1.59B | 2.58B | 821.31M | 926.03M | 909.2M | 2.42T |
| Cash Only | 271.89M | 247.04M | 204.87M | 493.05M | 1.59B | 2.58B | 821.31M | 926.03M | 909.2M | 1.59T |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 825B |
| Accounts Receivable | 193.38M | 215.03M | 269.64M | 598.12M | 658.96M | 700.33M | 901.53M | 848.54M | 1.02B | 1.19T |
| Days Sales Outstanding | 72.61 | 67.73 | 72.23 | 91.73 | 77.44 | 77.07 | 63.77 | 65.79 | 64.07 | 60.03 |
| Inventory | 203.69M | 248.27M | 296.28M | 619.81M | 695.83M | 902.56M | 1.27B | 1.29B | 1.44B | 2.13T |
| Days Inventory Outstanding | 127.38 | 130.09 | 128.57 | 150.7 | 131.7 | 160.61 | 137.57 | 144.4 | 139.83 | 64.1K |
| Other Current Assets | 6.92M | 7.97M | 11.78M | 65.71M | 13.1M | 19.59M | 90.29M | 200.92M | 560.49M | 712.79B |
| Total Non-Current Assets | 775M | 999.82M | 1.14B | 3.45B | 3.49B | 3.54B | 10.46B | 10.83B | 10.98B | 10.84T |
| Property, Plant & Equipment | 367.73M | 524.89M | 582.79M | 1.21B | 1.24B | 1.36B | 1.78B | 1.82B | 1.88B | 2.42T |
| Fixed Asset Turnover | 2.64x | 2.21x | 2.34x | 1.96x | 2.50x | 2.43x | 2.90x | 2.59x | 3.09x | 2.99x |
| Goodwill | 250.34M | 270.68M | 319.78M | 1.24B | 1.3B | 1.29B | 4.51B | 4.46B | 4.47B | 4.4T |
| Intangible Assets | 133.96M | 125.07M | 139.32M | 758.37M | 718.46M | 635.4M | 3.81B | 3.5B | 3.2B | 2.96T |
| Long-Term Investments | 11.73M | 69.22M | 76.21M | 73.77M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8.22M | 7.93M | 14.24M | 136.89M | 193.66M | 223.58M | 311.97M | 1B | 1.38B | 992.12B |
| Total Assets | 1.48B▲ 0% | 1.76B▲ 19.2% | 1.95B▲ 10.9% | 5.23B▲ 167.9% | 6.51B▲ 24.4% | 7.84B▲ 20.5% | 13.71B▲ 74.8% | 14.49B▲ 5.7% | 14.91B▲ 2.9% | 17.29T▲ 0% |
| Asset Turnover | 0.66x | 0.66x | 0.70x | 0.45x | 0.48x | 0.42x | 0.38x | 0.32x | 0.39x | 0.42x |
| Asset Growth % | 21.89% | 19.25% | 10.91% | 167.93% | 24.41% | 20.46% | 74.78% | 5.67% | 2.91% | 119583.19% |
| Total Current Liabilities | 184.95M | 236.47M | 270.56M | 672.89M | 729.59M | 1.27B | 1.08B | 1.34B | 1.79B | 2.11T |
| Accounts Payable | 65.54M | 89.77M | 104.46M | 268.77M | 294.49M | 434.92M | 405.31M | 631.55M | 846.98M | 1.34T |
| Days Payables Outstanding | 40.98 | 47.04 | 45.33 | 65.35 | 55.74 | 77.39 | 43.82 | 70.89 | 82.38 | 40.48K |
| Short-Term Debt | 20M | 20M | 23.83M | 69.25M | 62.05M | 403.21M | 74.84M | 73.77M | 188.31M | 61.45B |
| Deferred Revenue (Current) | 2.35M | 3.38M | 10.39M | 17.33M | 13.93M | 22.96M | 104.48M | 62.12M | 62.97M | 62.97M |
| Other Current Liabilities | 62.72M | 71M | 76.33M | 185.18M | 203.36M | 189.85M | 223.13M | 256.65M | 348.8M | 2.05T |
| Current Ratio | 3.80x | 3.22x | 3.00x | 2.66x | 4.15x | 3.40x | 3.01x | 2.72x | 2.19x | 2.19x |
| Quick Ratio | 2.70x | 2.17x | 1.91x | 1.74x | 3.20x | 2.69x | 1.84x | 1.77x | 1.39x | 1.39x |
| Cash Conversion Cycle | 159.01 | 150.78 | 155.47 | 177.08 | 153.4 | 160.29 | 157.51 | 139.3 | 121.51 | 23.68K |
| Total Non-Current Liabilities | 391.78M | 500.88M | 550M | 2.49B | 1.65B | 2.19B | 5.4B | 5.2B | 4.63B | 4.16T |
| Long-Term Debt | 322.02M | 419.01M | 443.16M | 2.19B | 1.31B | 1.9B | 4.23B | 4.03B | 3.5B | 3.36T |
| Capital Lease Obligations | 23.41M | 0 | 0 | 94.7M | 125.54M | 110.21M | 140.75M | 162.35M | 165.16M | 473.49M |
| Deferred Tax Liabilities | 15.35M | 27.24M | 23.91M | 45.55M | 73.96M | 77.26M | 780.31M | 784.37M | 711.72M | 607.73B |
| Other Non-Current Liabilities | 31M | 54.63M | 82.92M | 158.67M | 138.12M | 109.92M | 247.4M | 225.41M | 259.32M | 188.86B |
| Total Liabilities | 576.73M | 737.35M | 820.56M | 3.16B | 2.38B | 3.46B | 6.48B | 6.54B | 6.43B | 6.27T |
| Total Debt | 365.44M | 439.01M | 467M | 2.37B | 1.53B | 2.44B | 4.49B | 4.3B | 3.89B | 3.43T |
| Net Debt | 93.55M | 191.97M | 262.13M | 1.88B | -65.85M | -144.16M | 3.67B | 3.38B | 2.98B | 1.83T |
| Debt / Equity | 0.41x | 0.43x | 0.41x | 1.14x | 0.37x | 0.56x | 0.62x | 0.54x | 0.46x | 0.46x |
| Debt / EBITDA | 2.04x | 2.02x | 1.94x | 6.82x | 2.27x | 3.48x | 4.67x | 6.30x | 3.53x | 3749.49x |
| Net Debt / EBITDA | 0.52x | 0.88x | 1.09x | 5.41x | -0.10x | -0.21x | 3.81x | 4.95x | 2.71x | 2.71x |
| Interest Coverage | 18.45x | 7.66x | 6.75x | 1.42x | 6.71x | 3.32x | 0.98x | 0.43x | 2.27x | 0.01x |
| Total Equity | 900.56M▲ 0% | 1.02B▲ 13.7% | 1.13B▲ 10.6% | 2.08B▲ 83.3% | 4.13B▲ 99.0% | 4.38B▲ 6.1% | 7.23B▲ 64.9% | 7.95B▲ 9.9% | 8.48B▲ 6.7% | 11.02T▲ 0% |
| Equity Growth % | 15.11% | 13.74% | 10.63% | 83.27% | 98.98% | 6.07% | 64.92% | 9.92% | 6.73% | 134817.17% |
| Book Value per Share | 13.96 | 15.73 | 17.22 | 24.48 | 35.92 | 37.62 | 52.54 | 52.42 | 54.79 | 54.79 |
| Total Shareholders' Equity | 900.56M | 1.02B | 1.13B | 2.08B | 4.13B | 4.38B | 7.23B | 7.57B | 8.13B | 10.68T |
| Common Stock | 269.64M | 351.76M | 382.42M | 1.49B | 2.03B | 2.06B | 3.78B | 4.86B | 5.06B | 9.74T |
| Retained Earnings | 748.06M | 836.06M | 943.58M | 876.55M | 1.14B | 1.35B | 944.42M | 664.94M | 584.37M | 1.11T |
| Treasury Stock | -103.36M | -159.73M | -168.57M | -199.31M | -218.47M | -239.35M | -293.12M | -315.12M | -368.06M | 0 |
| Accumulated OCI | -13.78M | -3.78M | -24.22M | -87.38M | 14.27M | -2.17M | 109.73M | 2.64M | 372.04M | 241.6B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 371.39M | 353.51M | 338.7B |
COHR Cash Flow Statement
Coherent, Inc. (COHR) cash flow — operating, investing & free cash flow history
| Line item | Jun'17 | Jun'18 | Jun'19 | Jun'20 | Jun'21 | Jun'22 | Jun'23 | Jun'24 | Jun'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 118.62M | 161.01M | 178.47M | 297.29M | 574.35M | 413.33M | 634.02M | 545.73M | 633.6M | 633.6M |
| Operating CF Margin % | 12.2% | 13.89% | 13.1% | 12.49% | 18.49% | 12.46% | 12.29% | 11.59% | 10.91% | - |
| Operating CF Growth % | -3.54% | 35.74% | 10.84% | 66.57% | 93.19% | -28.04% | 53.39% | -13.93% | 16.1% | 5849.65% |
| Net Income | 95.27M | 88M | 107.52M | -67.03M | 297.55M | 234.76M | -259.46M | -156.15M | 30.06M | 191.68B |
| Depreciation & Amortization | 63.64M | 80.77M | 92.36M | 220.88M | 270.07M | 286.78M | 681.69M | 559.76M | 553.6M | 171.15B |
| Stock-Based Compensation | 11.76M | 15.31M | 21.95M | 68.48M | 70.95M | 73.21M | 148.87M | 126.05M | 160.24M | 136.21B |
| Deferred Taxes | -1.18M | 945K | -10.46M | -42.45M | -371K | -8.15M | -206.82M | -112.1M | -95.43M | -138.13B |
| Other Non-Cash Items | -2.02M | 7.31M | 12.49M | 41.3M | 39.31M | 18.4M | 145.12M | 23.83M | 193.27M | -709.76B |
| Working Capital Changes | -48.85M | -31.33M | -45.38M | 76.12M | -103.17M | -191.67M | 124.63M | 104.34M | -208.13M | 137.16K |
| Change in Receivables | -26.25M | -21.04M | -50.76M | -91.98M | -51.7M | -55.19M | 68.31M | 60.58M | -170.44M | -225.44B |
| Change in Inventory | -24.99M | -38.73M | -36.39M | 112.57M | -44.65M | -230.88M | 174.14M | -23.2M | -202.73M | -699.62B |
| Change in Payables | 6.7M | 17.44M | 16M | 45.03M | 2.27M | 97.05M | -83.33M | 205.04M | 217.36M | 349.88B |
| Cash from Investing | -177.24M | -284.95M | -223.98M | -1.18B | -172.96M | -320.08M | -5.93B | -350.71M | -414.21M | -891.26B |
| Capital Expenditures | -138.52M | -153.44M | -137.12M | -136.88M | -146.34M | -314.33M | -436.06M | -346.82M | -440.84M | -547.67B |
| CapEx % of Revenue | 14.25% | 13.24% | 10.06% | 5.75% | 4.71% | 9.48% | 8.45% | 7.37% | 7.59% | - |
| Acquisitions | -40.02M | -131.51M | -83.07M | -1.04B | -34.39M | 0 | -5.49B | 0 | 0 | -27M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.29M | 0 | -3.79M | -5.8M | 7.77M | -5.75M | -4.01M | -3.9M | 26.62M | 468.24B |
| Cash from Financing | 111.57M | 96.97M | 4.88M | 1.17B | 675.73M | 862.95M | 3.55B | 758.27M | -451.73M | 1.48T |
| Debt Issued (Net) | 104M | 153M | 15M | 1.26B | -925.65M | 913.06M | 2.38B | -228.86M | -434.92M | -394.54M |
| Equity Issued (Net) | -4.14M | -49.88M | -1.62M | -1.63M | 1.67B | -21.25M | -54.17M | -22.32M | -53.99M | 4.32M |
| Dividends Paid | 0 | 0 | 0 | 0 | -20.32M | -34.51M | -27.6M | 0 | -11.44M | -11.45B |
| Share Repurchases | -4.14M | -49.88M | -1.62M | -1.63M | 0 | -21.25M | -54.17M | -22.32M | -53.99M | 48.94M |
| Other Financing | 11.71M | -6.16M | -8.51M | -81.08M | -48.3M | 5.65M | 1.25B | 1.01B | 48.62M | 1.49T |
| Net Change in Cash | 53.44M▲ 0% | -24.85M▼ 146.5% | -42.17M▼ 69.7% | 288.17M▲ 783.4% | 1.1B▲ 281.3% | 990.48M▼ 9.9% | -1.74B▼ 276.2% | 952.12M▲ 154.6% | -156.77M▼ 116.5% | 2.22T▲ 0% |
| Free Cash Flow | -19.9M▲ 0% | 7.58M▲ 138.1% | 41.35M▲ 445.8% | 160.41M▲ 287.9% | 428.02M▲ 166.8% | 99M▼ 76.9% | 197.97M▲ 100.0% | 198.91M▲ 0.5% | 192.76M▼ 3.1% | -537.17B▲ 0% |
| FCF Margin % | -2.05% | 0.65% | 3.04% | 6.74% | 13.78% | 2.99% | 3.84% | 4.23% | 3.32% | -29.67% |
| FCF Growth % | -130.71% | 138.07% | 445.84% | 287.92% | 166.82% | -76.87% | 99.96% | 0.48% | -3.09% | -209727.73% |
| FCF per Share | -0.31 | 0.12 | 0.63 | 1.89 | 3.72 | 0.85 | 1.44 | 1.31 | 1.25 | 1.25 |
| FCF Conversion (FCF/Net Income) | 1.24x | 1.83x | 1.66x | -4.44x | 1.93x | 1.76x | -2.44x | -3.49x | 12.84x | -2.80x |
| Interest Paid | 0 | 6.55M | 8.68M | 62.19M | 37.27M | 57.31M | 282.83M | 312.88M | 256.7M | 171.93M |
| Taxes Paid | 0 | 0 | 0 | 39.52M | 60.39M | 50M | 89.57M | 97.3M | 166.85M | -7.24M |
COHR Key Ratios
Coherent, Inc. (COHR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 11.32% | 9.14% | 9.97% | -4.18% | 9.58% | 5.51% | -4.47% | -2.06% | 0.6% | 6.94% |
| Return on Invested Capital (ROIC) | 9.67% | 9.28% | 8.54% | 3.56% | 7.52% | 7.48% | 2.77% | 0.83% | 3.61% | 3.61% |
| Gross Margin | 39.95% | 39.89% | 38.26% | 36.93% | 37.91% | 38.16% | 34.58% | 30.93% | 35.41% | 0.1% |
| Net Margin | 9.8% | 7.59% | 7.89% | -2.82% | 9.58% | 7.08% | -5.03% | -3.32% | 0.85% | 10.59% |
| Debt / Equity | 0.41x | 0.43x | 0.41x | 1.14x | 0.37x | 0.56x | 0.62x | 0.54x | 0.46x | 0.46x |
| Interest Coverage | 18.45x | 7.66x | 6.75x | 1.42x | 6.71x | 3.32x | 0.98x | 0.43x | 2.27x | 0.01x |
| FCF Conversion | 1.24x | 1.83x | 1.66x | -4.44x | 1.93x | 1.76x | -2.44x | -3.49x | 12.84x | -2.80x |
| Revenue Growth | 17.51% | 19.21% | 17.58% | 74.68% | 30.5% | 6.78% | 55.58% | -8.77% | 23.42% | 32257.9% |
COHR SEC Filings & Documents
Coherent, Inc. (COHR) SEC filings — annual & quarterly reports (10-K, 10-Q)
COHR Frequently Asked Questions
Coherent, Inc. (COHR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Coherent, Inc. (COHR) reported $1.81T in revenue for fiscal year 2025. This represents a 4776781% increase from $37.9M in 1996.
Coherent, Inc. (COHR) grew revenue by 23.4% over the past year. This is strong growth.
Yes, Coherent, Inc. (COHR) is profitable, generating $191.68B in net income for fiscal year 2025 (0.8% net margin).
Dividend & Returns
Coherent, Inc. (COHR) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
Coherent, Inc. (COHR) has a return on equity (ROE) of 0.6%. This is below average, suggesting room for improvement.
Coherent, Inc. (COHR) had negative free cash flow of $537.17B in fiscal year 2025, likely due to heavy capital investments.
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