Coherent, Inc.

Coherent, Inc.

COHR
Coherent, Inc.US flagNew York Stock Exchange
290.61
USD
-9.99
- -
56.85BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
10.98
12.12
13.48
15.53
18.54
21.43
28.06
29.82
31.23
37.51
31.05
37.53
40.15
40.13
Basic EPS, GAAP
0.62
1.08
1.07
1.52
1.41
1.69
-0.79
2.5
1.57
-2.93
-1.84
-0.52
4.34
4.34
Free Cash Flow per Basic Share
1.06
1.26
1.06
-0.32
0.12
0.65
1.85
4.11
0.93
1.44
1.31
1.25
-5.81
-5.77
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.2
0.32
0.2
- -
0.07
0.06
0.06
Book Value per Share
10.98
11.91
12.64
14.26
16.18
17.79
22.44
28.07
29.65
32.54
34.1
36.29
55.7
55.7
Tangible Book Value per Share
5.57
6.71
6.85
8.18
9.93
10.58
0.86
8.96
11.69
-27.12
-18.05
-13.06
18.61
18.61
Basic Weighted Avg Shares
62
61
61
63
62
64
85
104
106
138
152
155
177
177
Sales/Revenue/Turnover
683
742
827
972
1,159
1,362
2,380
3,106
3,317
5,160
4,708
5,810
7,118
7,118
Operating Margin (%)
6.8
10.35
11.1
11.89
11.8
10.91
1.66
12.95
12.49
1.59
2.62
9.21
12.67
12.67
Depreciation Expense
53
53
57
64
81
92
221
270
287
682
560
554
522
522
Net Income, GAAP
38
66
65
95
88
108
-67
298
235
-259
-156
49
805
805
Effective Tax Rate (%)
16.05
16.61
27.2
19.79
27.98
16.53
- -
15.61
16.7
- -
- -
68.09
7.18
7.18
Profit Margin (%)
5.63
8.89
7.92
9.8
7.59
7.89
-2.82
9.58
7.08
-5.03
-3.32
0.85
11.31
11.31
Working Capital
371
374
412
517
525
542
1,116
2,298
3,038
2,173
2,316
2,132
4,072
4,072
LT Debt
222
156
215
322
419
443
2,281
1,439
2,007
4,376
4,189
3,664
3,469
3,469
Total Equity
675
729
782
901
1,024
1,133
2,077
4,132
4,383
7,229
7,946
8,481
11,238
11,238
Return on Invested Capital (%)
4.65
6.98
6.88
8.12
7.21
8.01
- -
6.68
5.51
- -
- -
1.38
6.1
6.1
Return on Capital (%)
5.06
7.6
7.05
8.91
7.48
8.24
- -
6.89
5.38
- -
- -
1.19
7.36
7.36
Return on Common Equity (%)
5.86
9.4
8.67
11.32
9.14
9.97
-4.18
10.34
5.43
-10.47
-5.73
-1.48
9.3
9.3

Capital Structure

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
149
61
69
LT Borrowings
3,245
3,185
3,214
LT Finance Leases
152
179
255
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
187
196
196
Market Capitalization
34,593
46,581
77,219

Working Capital

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
4,393
6,445
6,925
Cash, Cash Equivalents & STI
864
2,418
1,987
Accounts Receivable, Net
1,055
1,188
1,343
Inventories
1,848
2,127
2,581
Total Current Liabilities
1,951
2,113
2,854
Payables & Accruals
1,559
1,775
2,340
ST Debt
149
61
69
Deferred Revenue
- -
- -
48

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.19%
24.03%
32.51%
Free Cash Flow
1.5%
-122.83%
-634.63%
Net Income, GAAP
48.15%
225.54%
1,530.74%
Sales/Revenue/Turnover
25.9%
19.9%
22.51%
Total Cash Common Dividend
- -
53.41%
-80.03%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,053
1,131
1,209
1,314
4,708
2025
1,348
1,435
1,498
1,529
5,810
2026
1,581
1,686
1,806
2,046
7,118

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.65
-0.38
-0.29
- -
-1.84
2025
-0.04
0.46
-0.11
-0.83
-0.52
2026
1.24
0.87
1.01
1.23
4.34

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.07
2026
0.07
- -
- -
- -
0.06

Company Description

CEO
James Robert Anderson
Full Time Employees
51,478
Sector
Technology
Industry
Hardware, Equipment & Parts
Address
375 Saxonburg Boulevard Saxonburg PA United States of America 16056
IPO Date
Oct 2, 1987
Business
Coherent Corp. (NYSE: COHR) develops, manufactures, and markets engineered materials, optoelectronic components, lasers, and related systems for the industrial, communications, electronics, instrumentation, and datacenter markets. The company operates through segments including Networking, Materials, and Lasers, offering advanced optical transceivers, active optical cables, coherent transceivers and modules, lasers, amplifiers, photonic devices, silicon photonics solutions, VCSEL arrays, precision optics, laser sources and systems for cutting, welding, marking, ablation, semiconductor and display capital equipment, automotive and energy solutions, as well as products for multiphoton microscopy, facial biometrics, augmented reality, and medical instrumentation; it maintains a vertically integrated supply chain across these categories. Founded in 1966 and headquartered in Saxonburg, Pennsylvania, with additional key facilities in Santa Clara, California, and research, development, manufacturing, sales, service, and distribution operations in more than 130 locations worldwide spanning North America, Europe, China, Japan, and other regions, Coherent serves hyperscale datacenters, telecom networks, precision manufacturing, EV production, and OEMs in research, healthcare, and dentistry. Recent developments include the August 2025 agreement to sell its Aerospace and Defense business, encompassing optical and laser systems with 550 employees across 10 sites, to Advent for $400 million to reduce debt and focus on core growth markets; the September 2025 launch of a quad-channel integrated circuit family for 800G and 1.6T optical transceivers in cloud, AI, and telecom networks; capacity doubling for indium phosphide lasers via 6-inch wafer production to meet AI datacenter demand; and November 2025 introductions of the Axon FP femtosecond laser for multiphoton microscopy and the EDGE CUT20 OEM cutting solution paired with EDGE FL20 fiber laser for intelligent metal cutting.

Company News

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  • Coherent Corp (COHR) Stock Up 6.9% but GF Value Says Overvalued -- GF Score: 77/100

  • Coherent: Post-Correction Alpha Blueprint (Rating Upgrade)

  • Optics Stocks Rally as Oversold Bounce Takes Hold: Coherent Jumps 6%, Lumentum Climbs 5%, Applied Optoelectronics Advances 3%

  • COHR DCF Analysis: Intrinsic Value $84 vs Price $271

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  • Corning Tumbles 12% on $2B At-the-Market Equity Offering; Coherent Sinks 11%, Lumentum Drops 9%, Fabrinet Slides 6%

  • Coherent (COHR) Down 10.4% Since Last Earnings Report: Can It Rebound?

  • Buy 3 AI-Powered Photonics Stocks to Tap Solid Short-Term Price Upside

  • Coherent Brings AI Datacenter and Photonics Thought Leadership to ECOC 2026 in Málaga, Spain