Coherent Corp. (COHR) Financial Statements
Industry: Optical Instruments & Lenses
In fiscal 2026, Coherent reported revenue of $7.12B, up 22.5% from $5.81B the year before. Net income was $805.0M (a 11.3% net margin), or $4.12 per diluted share. Gross margin was 37.5% and operating margin was 5.3%. Operating activities generated $79.5M of cash, leaving -$1.02B of free cash flow. At fiscal year end, Coherent held $18.30B in total assets against $7.06B in total liabilities, including $1.16B of cash and equivalents.
Open the full interactive Coherent financials → Quarterly statements, key ratios, valuation history and price charts.
Coherent Key Stats
| Share Price | $289.98 |
|---|---|
| Market Cap | $56.66B |
| P/E Ratio | 70.4 |
| Revenue YoY Growth | +22.5% |
| 52-Week Range | $109.37 – $426.89 |
| Shares Outstanding | 177.3 million (basic, 2026 Q4) |
Coherent Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $3.11B | $3.32B | $5.16B | $4.71B | $5.81B | $7.12B |
| Cost of Goods Sold | $1.89B | $2.05B | $3.54B | $3.25B | $3.77B | $4.45B |
| Gross Profit | $1.22B | $1.27B | $1.62B | $1.46B | $2.04B | $2.67B |
| Operating Income | $402.1M | $414.3M | -$37.1M | $96.1M | -$18.7M | $379.6M |
| Pre-Tax Income | $352.6M | $281.8M | -$355.6M | -$147.6M | $94.2M | $847.7M |
| Income Tax | $55.0M | $47.0M | -$96.1M | $11.1M | $64.1M | $60.8M |
| Net Income | $297.6M | $234.8M | -$259.5M | -$156.2M | $49.4M | $805.0M |
| Diluted EPS | $2.37 | $1.45 | -$2.93 | -$1.84 | -$0.52 | $4.12 |
Coherent Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $1.58B | $1.69B | $1.81B | $2.05B |
| Net Income | $226.3M | $146.7M | $191.4M | $240.5M |
| Diluted EPS | $1.19 | $0.76 | $0.97 | $1.23 |
Coherent Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.59B | — | — | $926.0M | $909.2M | $1.16B |
| Current Assets | $3.03B | $4.31B | $3.25B | $3.66B | $3.93B | $6.93B |
| Total Assets | $6.51B | $7.84B | $13.71B | $14.49B | $14.91B | $18.30B |
| Current Liabilities | $729.6M | $1.27B | $1.08B | $1.34B | $1.79B | $2.85B |
| Total Long-Term Debt | $1.38B | $2.30B | $4.31B | $4.10B | $3.69B | $3.22B |
| Total Liabilities | $2.38B | $3.46B | $6.48B | $6.54B | $6.43B | $7.06B |
| Shareholders' Equity | $3.41B | $3.62B | $4.99B | $5.21B | $5.64B | $10.90B |
Coherent Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $574.4M | $413.3M | $634.0M | $545.7M | $633.6M | $79.5M |
| Cash From Investing | -$173.0M | -$320.1M | -$5.93B | -$350.7M | -$414.2M | -$1.41B |
| Cash From Financing | $675.7M | $863.0M | $3.55B | $758.3M | -$451.7M | $1.48B |
| Free Cash Flow | $428.0M | $99.0M | $198.0M | $198.9M | $192.8M | -$1.02B |
Figures from Coherent's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Coherent financials page for every line item.
Coherent Company Profile
| Ticker | COHR |
|---|---|
| Exchange | NYSE |
| Industry | Optical Instruments & Lenses |
| Headquarters | Saxonburg, Pennsylvania |
| Incorporated in | Pennsylvania |
| Fiscal Year End | June 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000820318 |
Frequently Asked Questions
What was Coherent's revenue in fiscal 2026?
Coherent (COHR) reported revenue of $7.12B for fiscal 2026.
What is Coherent's annual revenue history?
Coherent's annual revenue by fiscal year: 2021: $3.11B; 2022: $3.32B; 2023: $5.16B; 2024: $4.71B; 2025: $5.81B; 2026: $7.12B.
What was Coherent's net income in fiscal 2026?
Coherent reported net income of $805.0M for fiscal 2026.
What was Coherent's earnings per share (EPS) in fiscal 2026?
Coherent's diluted EPS was $4.12 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Coherent generate in fiscal 2026?
Coherent generated -$1.02B of free cash flow in fiscal 2026.
What was Coherent's revenue last quarter?
In its most recent reported quarter (2026 Q4), Coherent reported revenue of $2.05B.
How much debt does Coherent have?
Coherent reported $3.22B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Coherent are outstanding?
Coherent reported a weighted average of 177.3 million basic shares outstanding in 2026 Q4.
What is Coherent's market cap?
Based on its latest closing price, Coherent (COHR) has a market capitalization of about $56.66B.
When does Coherent's fiscal year end?
Coherent's fiscal year end, as registered with the SEC, is June 30.
Where is Coherent headquartered?
Coherent lists its business address in Saxonburg, Pennsylvania in its SEC filings.