Overview
COHERENT CORP.
Latest 10-K: FY2026, filed Aug 14, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $7.12B
- 22.5%YoYup from FY2025
- TotalRevenue
- Gross profit
- $2.67B
- 30.6%YoYup from FY2025
- GrossProfit
- Net income
- $0.80B
- 1530.7%YoYup from FY2025
- NetIncome
- Diluted EPS
- $4.12
- n/mYoY
- EPSDiluted
- Diluted shares
- 195.4M
- 26.3%YoYup from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- COHERENT CORP. reported revenue of $7.12B for fiscal 2026, up 22.5% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 2 of the last 4 fiscal years.
Profitability
- Net margin was 11.3%.
Per share
- Diluted EPS was $4.12.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $7.12B22.5%up | $5.81B23.4%up Benchmark median 6.4% | $4.71B8.8%down Benchmark median 4.5% | $5.16B55.6%up Benchmark median 4.8% | $3.32B6.8%up Benchmark median 10.3% | 21.0% |
| Gross Profit Median of 315 / 498 | $2.67B30.6%up | $2.04B40.3%up Benchmark median 6.8% | $1.46B10.0%down Benchmark median 5.5% | $1.62B27.9%up Benchmark median 5.2% | $1.27B7.5%up Benchmark median 8.3% | 20.5% |
| Operating Income Median of 373 / 498 | — | — | $96.12Mn/m Benchmark median 7.4% | negative: -$37.12M109.0%down Benchmark median 4.9% | $414.29M3.0%up Benchmark median 7.5% | — |
| Net Income | $805.00M1530.7%up | $49.36Mn/m Benchmark median 4.8% | negative: -$156.15Mn/m Benchmark median 5.7% | negative: -$259.46M210.5%down Benchmark median 1.9% | $234.76M21.1%down Benchmark median 1.3% | 36.1% |
| EPS (Diluted) | $4.12n/m | negative: -$0.52n/m Benchmark median 6.2% | negative: -$1.84n/m Benchmark median 7.9% | negative: -$2.93302.1%down Benchmark median 1.9% | $1.4538.8%down Benchmark median 1.5% | 29.8% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $18.30B22.7%up | $14.91B2.9%up Benchmark median 5.6% | $14.49B5.7%up Benchmark median 3.4% | $13.71B74.8%up Benchmark median 4.1% | $7.84B20.5%up Benchmark median 2.2% | 23.6% |
| Total Liabilities Median of 357 / 498 | $7.06B9.8%up | $6.43B1.7%down Benchmark median 6.4% | $6.54B0.9%up Benchmark median 1.9% | $6.48B87.3%up Benchmark median 2.9% | $3.46B45.4%up Benchmark median 2.0% | 19.5% |
| Stockholders' Equity | $11.24B87.4%up | $6.00B7.5%up Benchmark median 6.8% | $5.58B11.9%up Benchmark median 5.4% | $4.99B37.9%up Benchmark median 7.3% | $3.62B6.2%up Benchmark median 2.5% | 32.8% |
| Cash & Equivalents | $1.16B27.8%up | $0.91B1.8%down Benchmark median 5.2% | $0.93B12.8%up Benchmark median 1.9% | $0.82B68.2%down Benchmark median 6.7% | $2.58B62.2%up Benchmark median -8.6% | -18.1% |
| Total Debt | $3.22B12.6%down | $3.69B10.1%down Benchmark median 2.1% | $4.10B4.9%down Benchmark median 0.2% | $4.31B87.3%up Benchmark median 0.3% | $2.30B67.3%up Benchmark median 0.1% | 8.8% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $79.51M87.5%down | $633.60M16.1%up Benchmark median 6.3% | $545.73M13.9%down Benchmark median 4.8% | $634.02M53.4%up Benchmark median 9.9% | $413.33M28.0%down Benchmark median -0.7% | -33.8% |
| Capital Expenditures | $1.10B150.2%up | $0.44B27.1%up Benchmark median 5.4% | $0.35B20.5%down Benchmark median 2.8% | $0.44B38.7%up Benchmark median 11.3% | $0.31B114.8%up Benchmark median 14.0% | 36.9% |
| Free Cash Flow Median of 378 / 498 | negative: -$1.02B630.9%down | $0.19B3.1%down Benchmark median 7.3% | $0.20B0.5%up Benchmark median 6.1% | $0.20B100.0%up Benchmark median 8.8% | $0.10B76.9%down Benchmark median -11.3% | n/m |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
1.0%
Wall Street
on net earnings
FY2025 n/m
negative: −1.3%
Value investor
on free cash flow
FY2025 1.4%
Gap −2.3 pts: Value-investor figure 2.3 points lower
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E 95.7×Value investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Book yield
Net assets behind a dollar of market value
14.6%
Wall Street
on book equity
FY2025 43.4%
8.9%
Value investor
on tangible book
FY2025 11.1%
Gap −5.7 pts: Value-investor figure 5.7 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 6.9×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
9.3%
Wall Street
ROE: net income ÷ equity
FY2025 0.9%
— Not reported
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 — Not reported
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
— Not reported
Wall Street
EBITDA margin
FY2025 — Not reported
negative: −14.4%
Value investor
Free-cash-flow margin
FY2025 3.3%
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
2.43×
Wall Street
Current ratio
FY2025 2.19×
1.52×
Value investor
Quick ratio, inventory excluded
FY2025 1.39×
Gap −0.91×: Value-investor figure 0.91 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
— Not reported
Wall Street
EBITDA ÷ total debt
FY2025 — Not reported
negative: −0.32×
Value investor
FCF ÷ total debt
FY2025 0.05×
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on COHR yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on COHR and publish the result to your public profile.
Cite this page
Data as of Oct 30, 2026. Canonical address: https://valuein.biz/data/COHR
Valuein. (2026, October 30). COHERENT CORP. (COHR) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/COHR
@misc{valuein_cohr_2026,
author = {{Valuein}},
title = {COHERENT CORP. (COHR) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/COHR}},
note = {Data as of 2026-10-30; source: SEC EDGAR filings}
}10-K filed Aug 14, 2026 · accession 0000820318-26-000020
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point-in-time · survivorship-free · every number traceable to its SEC filing
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