Coherent
COHR NYSEΒ· Electronic Components
Last close Β· Oct 26, 2026
$221.50
KIRA Β· Stoqlyβs AI analyst, in plain words
- Coherent had $7.1B of revenue in fiscal 2026, up 22.5% on the year before. Over five years, revenue changed +18.0% a year on average.
- Coherent made $805M of net profit in fiscal 2026. From fiscal 2017 to 2026, diluted EPS grew 12.0% a year.
- Free cash flow was β$1.0B in fiscal 2026, β14.4% of revenue.
- Coherent returned $11.4M to shareholders in fiscal 2026. The diluted share count rose 26.3%.
- Coherent owes $1.2B more than it holds in cash, about 0.8 years of operating profit.
Market cap
$43.3B
P/E
β
Revenue
$7.1B
Net income
$805M
Free cash flow
β$1.0B
Operating margin
β
Coherent in 30 seconds Β· fiscal 2026
Are sales growing?
+22.5%
Yes. Sales grew 22.5% last year.
Does it make a profit?
11.3%
Yes. It keeps 11.3% of every sale as profit.
Does profit turn into cash?
β14.4%
No. It spent more cash than it brought in.
Is debt under control?
0.8x
Yes. It could repay its debt with 0.8 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
What Coherent does
No business description yet.
- Fiscal year ends
- June 30, 2026
- Latest annual report
- 10-K Β· Aug 14, 2026
- Legal name
- COHERENT CORP.
- CIK
- 0000820318
Coherent Β· COHR
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.3B | $5.2B | $4.7B | $5.8B | $7.1B |
| Revenue growth | 6.8% | 55.6% | β8.8% | 23.4% | 22.5% |
| Gross margin | 38.2% | 31.4% | 30.9% | 35.2% | 37.5% |
| Operating margin | 12.5% | β0.7% | 2.0% | β | β |
| Net income | $235M | β$260M | β$156M | $49.4M | $805M |
| Net margin | 7.1% | β5.0% | β3.3% | 0.9% | 11.3% |
| Diluted EPS | $1.45 | β$2.93 | β$1.84 | β$0.52 | $4.12 |
| Cash | |||||
| Cash from operations | $413M | $634M | $546M | $634M | $79.5M |
| Capital expenditure | $314M | $436M | $347M | $441M | $1.1B |
| Free cash flow | $99.0M | $198M | $199M | $193M | β$1.0B |
| FCF margin | 3.0% | 3.8% | 4.2% | 3.3% | β14.4% |
| Dividends paid | $34.5M | $27.6M | $0.0M | $11.4M | $11.4M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 1.3% | 18.1% | 10.2% | 2.1% | 26.3% |
| Debt and strength | |||||
| Cash and short-term investments | $2.6B | $821M | $926M | $909M | $2.0B |
| Debt incl. finance leases | $2.3B | $4.3B | $4.1B | $3.7B | $3.2B |
| Shareholders' equity | $3.6B | $5.0B | $5.2B | $5.6B | $10.9B |
| Net debt / EBITDA | β0.4x | 0.0x | 4.9x | 3.1x | 0.8x |
| Current ratio | 3.4x | 3.0x | 2.7x | 2.2x | 2.4x |
| Interest coverage | 3.4x | β0.1x | 0.3x | 1.4x | 5.5x |
| Returns and quality | |||||
| Return on capital | 10.5% | β0.5% | 0.9% | 2.0% | 9.1% |
| Return on equity | 6.7% | β6.0% | β3.1% | 0.9% | 9.7% |
| Piotroski F-score | 4 | 3 | 4 | 7 | 7 |
| Altman Z'' | 4.6 | 2.1 | 2.1 | 2.2 | 3.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$1.1B
13 insiders
Of sales under plans
3%
$29.1M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Coherent Β· COHR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each companyβs latest fiscal year. Fiscal years end in different months, so periods donβt line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Coherent COHR | $43.3B | 22.5% | β | β14.4% | 9.1% | β | 7 |
| Corning GLW | $111.8B | 19.1% | 14.6% | 9.0% | 10.8% | 58.3x | 6 |
| Belden BDC | $4.0B | 10.3% | 11.6% | 8.1% | 13.3% | 16.7x | 8 |
| Littelfuse LFUS | $9.2B | 8.9% | 1.6% | 15.3% | 0.7% | β | 6 |
| Amphenol APH | $97.0B | 51.7% | 25.4% | 19.0% | 29.1% | 18.9x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $221.50 a share, the company is worth $43.3B.
Coherent grew sales faster than 3 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0000820318). Data updated October 9, 2026. For information only β not investment advice. Check the original filings before relying on any figure.
