Coherent Corp. (COHR): financials, SEC filings and peers
Coherent Corp. (COHR) is an electronic components company in the Information Technology sector of the S&P 500, headquartered in Saxonburg, Pennsylvania.
It was founded in 1971 and joined the S&P 500 on March 23, 2026.
Its fiscal year ends in June, and its shares trade on the NYSE.
In its SEC filings it is classified as “Optical Instruments & Lenses”.
Coherent Corp. at a glance
- Revenue (12 months)
- $7.1B
- Revenue growth
- +22.5%
- Operating margin
- 11.9%
- Net income (12 months)
- $805M
- Free cash flow (12 months)
- −$1.0B
- Cash
- $1.2B
- Debt
- $3.2B
- Diluted EPS (12 months)
- $4.12
Twelve months to June 30, 2026, from the 10-K filed August 14, 2026.
Latest twelve months
Over the twelve months to June 30, 2026, Coherent Corp. reported revenue of $7.1 billion, up 22.5% from a year earlier.
Its operating margin was 11.9%, up 10.3 percentage points from a year earlier: for every $100 of sales, about $12 was left as operating profit.
Net income was $805 million (11.3% of revenue), 1530.7% higher than a year earlier.
Operating cash flow was $80 million and capital spending $1.1 billion, leaving free cash flow of −$1.0 billion (-14.4% of revenue). Capital spending equal to 15% of revenue is high; the company is investing heavily.
At the end of the period it held $1.2 billion in cash and $3.2 billion in debt, a net debt position of $2.1 billion.
The diluted share count fell 150.6% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $3.1 billion in fiscal 2021 to $7.1 billion in fiscal 2026, about 18.0% a year.
- Operating margin narrowed from 12.9% to 2.0% over the same years.
- Free cash flow was negative in 1 of the last 6 fiscal years.
- Coherent Corp. reported a net loss in 2 of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $3.3B | $5.2B | $4.7B | $5.8B | $7.1B |
| Revenue growth | 6.8% | 55.6% | -8.8% | 23.4% | 22.5% |
| Operating margin | 12.5% | -0.7% | 2.0% | — | — |
| Net income | $235M | −$259M | −$156M | $49M | $805M |
| Free cash flow | $99M | $198M | $199M | $193M | −$1.0B |
| Diluted EPS | $1.45 | $-2.93 | $-1.84 | $-0.52 | $4.12 |
Fiscal years as reported in Coherent Corp.’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed August 31, 2026 — Executive or director change; Other event
- 10-K filed August 14, 2026 — annual report
- 8-K filed August 12, 2026 — Earnings results; Regulation FD disclosure
- 8-K filed May 6, 2026 — Earnings results; Regulation FD disclosure
- 10-Q filed May 6, 2026 — quarterly report
- 8-K filed April 28, 2026 — Executive or director change
- 8-K filed March 2, 2026 — Unregistered share sale; Regulation FD disclosure
- 10-Q filed February 4, 2026 — quarterly report
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Questions about Coherent Corp.
Is Coherent Corp.'s revenue growing?
Yes. Revenue for the twelve months to June 30, 2026 was $7.1 billion, up 22.5% from a year earlier, according to its SEC filings.
Is Coherent Corp. profitable?
Yes. It earned $805 million in net income over the twelve months to June 30, 2026, a net margin of 11.3%.
Does Coherent Corp. have more cash or more debt?
At June 30, 2026 it had $1.2 billion in cash and $3.2 billion in debt, so more debt than cash.
When did Coherent Corp. last file financial results?
Its latest annual report (10-K) was filed with the SEC on August 14, 2026.
Which companies are similar to Coherent Corp.?
In the S&P 500, Coherent Corp. is grouped in Electronic Components within the Information Technology sector. Amphenol (APH), Corning Inc. (GLW) are in the same group.
Understand the numbers
Source: Coherent Corp.’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.