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Coherent Corp.

NASDAQ•COHR
CEO: Mr. James Robert Anderson
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 1987-10-02
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers telecommunication products for fiber-optic transmission; datacom transceivers, including pluggable transceivers for ethernet and fiber channel applications; and advanced optics, such as fiber and precision optics used in projection displays, crystal materials and components for optical communications, filters and assemblies for life sciences, sensors, instrumentation, and semiconductor equipment, as well as ultraviolet (UV), visible, and near-infrared spectroscopy optics for industrial lasers. The Materials segments provides laser optics and accessories; infrared thermal imaging optics and assemblies; polycrystalline materials; thermoelectric components, subassemblies, and systems; ceramic and metal-matrix composite products; semiconductor lasers and laser bars; Q-switched laser modules, uncooled pump laser modules, and laser systems for superhard materials processing; laser processing heads and beam delivery systems; EELs, VCSELs, and detectors; pumps for amplifiers; precision optical assemblies, infrared optics, thin-film coatings and optical materials; optical solutions; and integrated circuits for transceivers. The Lasers segment offers UV gas and solid-state lasers; UV optical systems, line beams, and mask-based imaging systems; UV nanosecond lasers; continuous-wave lasers and systems; amplifiers; subsystems and standard systems; IR lasers; crystals and diode lasers, and specialty polishing and coating solutions. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
Contact Information
375 Saxonburg Boulevard, Saxonburg, PA, 16056, United States
724-352-4455
www.coherent.com
Market Cap
$52.25B
P/E (TTM)
174.6
47.1
Dividend Yield
--
52W High
$364.80
52W Low
$66.71
52W Range
88%
Rank49Top 66.7%
3.2
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.2 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$1.69B+0.00%
4-Quarter Trend

EPS

$0.87+0.00%
4-Quarter Trend

FCF

-$95.70M+0.00%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Revenue Growth Strong Six months revenues reached $3.267B, marking a 17% increase over prior period, driven by AI demand.
Profitability Significantly Improved Net earnings attributable to Coherent Corp. totaled $373M for six months, up 189% versus prior year.
Datacenter Revenue Surges Datacenter & Communications revenue grew 30% to $2.298B for six months, fueled by strong AI datacenter demand.
Debt Reduction Achieved Total debt obligations decreased to $3.352B as of December 31, 2025, down from $3.687B previously.

Risk Factors

Regulatory Inquiry Pending Cooperating with BIS inquiry regarding past Huawei sales; potential penalties or costs are currently undetermined.
Restructuring Charges Continue Incurred $28M in charges for 2025 Plan restructuring activities, expecting completion by end of fiscal 2026.
Asset Sales Impairment Recorded $85M non-cash impairment charge in Q4 2025 related to entities classified as held-for-sale.
Geopolitical Trade Headwinds Tariffs and export restrictions pose risk of revenue reduction or cost increases if global disruptions persist.

Outlook

New Segment Reporting Adopted Aligned reporting structure effective July 1, 2025, into Datacenter & Communications and Industrial segments.
Prioritizing R&D Investment Continued prioritization of R&D investments supporting long-term growth strategy, especially in Datacenter portfolio.
Liquidity Position Strong Existing cash, operations cash flow, and $608M borrowing capacity sufficient for next twelve months needs.
Preferred Stock Converted All Series B Preferred Stock converted to Common Stock in Q4 2025; no preferred shares outstanding now.

Peer Comparison

Revenue (TTM)

JBL stock ticker logoJBL
$32.67B
+19.0%
FLEX stock ticker logoFLEX
$26.84B
+12.2%
SATS stock ticker logoSATS
$15.00B
-5.2%

Gross Margin (Latest Quarter)

GEN stock ticker logoGEN
74.0%
-1.9pp
TRMB stock ticker logoTRMB
72.0%
+0.2pp
FTV stock ticker logoFTV
63.2%
+3.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
COHR$52.25B174.63.6%23.5%
JBL$36.13B45.159.0%21.3%
GFS$36.12B40.77.7%9.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.0%
Moderate Growth
4Q Net Income CAGR
110.7%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 5, 2026
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