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Coherent COHR

US equityMarket cap rank #283Optical CommunicationApple Ecosystem
$294.82
−$5.78 (-1.92%)
Market open · Sep 24, 2:00 pm ET
After hours $299.70 -0.30%
Open$294.02
Prev close$300.60
Day range$291.00 – $300.89
Volume2.46M
Market cap$57.74B
P/E (TTM)71.6
Dividend yield–

Fundamentals

Latest reported quarter: Q4, ended Jun 2026

Revenue$2.05B+33.7% YoY
Operating profit$304.34M+109.9% YoY
Net profit$236.20M+340.7% YoY
Diluted EPS$1.19+243.4% YoY
Free cash flow-$493.40M-46,185.1% YoY
Operating cash flow$69.46M

Revenue, last 8 quarters

$1.3BSep '24$1.4BDec '24$1.5BMar '25$1.5BJun '25$1.6BSep '25$1.7BDec '25$1.8BMar '26$2.0BJun '26

Net profit, last 8 quarters

$24.9MSep '24$101.5MDec '24$1.8MMar '25$-98.1MJun '25$225.2MSep '25$143.8MDec '25$181.7MMar '26$236.2MJun '26

Diluted EPS by quarter

-0.04Sep '240.44Dec '24-0.11Mar '25-0.83Jun '251.19Sep '250.76Dec '250.97Mar '261.19Jun '26

Free cash flow by quarter

$61.0MSep '24$81.7MDec '24$51.1MMar '25$-1.1MJun '25$-58.0MSep '25$-95.7MDec '25$-383.5MMar '26$-493.4MJun '26

Annual revenue

$3.1BFY21$3.3BFY22$5.2BFY23$4.7BFY24$5.8BFY25$7.1BFY26

Profitability & balance sheet

Gross margin37.5%
Operating margin12.7%
Net margin10.8%
Return on equity9.3%
Return on assets4.6%
Return on invested capital7.9%
Current ratio2.43
Liabilities / assets38.6%
Cash & investments$1.99B
Total debt$3.48B
Net cash (debt)-$1.49B

Where the revenue comes from

Quarter 2026/FY

By business line

  • Datacenter & Communications$5.32B 73.2%
  • industrial$1.94B 26.8%

By region

  • North America$4.63B 65.1%
  • Europe$814.18M 11.4%
  • China$813.38M 11.4%
  • Rest of world$466.56M 6.6%
  • Japan$390.37M 5.5%

Income statement

Line item 2026 ANNUAL 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Total Revenue as Reported $7.12B $2.05B $1.81B $1.69B $1.58B
Total Operating Revenue $7.12B $2.05B $1.81B $1.69B $1.58B
Cost of Revenue $4.45B $1.26B $1.13B $1.06B $1.00B
Gross Profit $2.67B $787.08M $679.95M $622.82M $579.20M
Operating Expense $1.77B $482.74M $453.62M $424.20M $406.96M
Selling and Admin Expenses $1.04B $266.36M $267.64M $258.49M $252.08M
Research & Development $722.95M $216.38M $185.99M $165.71M $154.88M
Operating Profit $901.52M $304.34M $226.32M $198.62M $172.24M
Net Non-Operating Interest Income (Expense) -$190.27M -$41.05M -$44.56M -$45.94M -$58.72M
Non-Operating Interest Expense $190.27M $41.05M $44.56M $45.94M $58.72M
Other Income (Expense) $136.48M $15.23M $2.58M $15.30M $103.37M
Special Income (Charges) -$3.66M -$50.39M -$25.48M -$14.62M $86.84M
-Less:Restructuring and Mergern & Acquisition $63.39M $6.10M $34.41M $3.61M $19.28M
-Less:Write Off $64.40M $44.29M – $11.01M $9.10M
-Gain on Sale Of Business $124.13M $0.00 $8.92M – $115.21M
Other Non-Operating Income (Expenses) $140.14M $65.62M $28.07M $29.92M $16.53M
Pretax Profit $847.73M $278.51M $184.35M $167.99M $216.89M
Tax $60.85M $42.31M $2.67M $24.17M -$8.31M
Net Profit $786.88M $236.20M $181.67M $143.81M $225.20M
Profit from Continuing Operations $786.88M $236.20M $181.67M $143.81M $225.20M
Minority Interests -$18.11M -$4.33M -$9.73M -$2.90M -$1.15M
Net Income to Parent Company $805.00M $240.53M $191.40M $146.72M $226.35M
Preferred Stock Dividends $35.10M $0.00 – $1.62M $33.48M
Net Income to Common Stockholders $769.90M $240.53M $191.40M $145.09M $192.87M
Basic EPS $4.34 $1.23 $1.01 $0.87 $1.24
Diluted EPS $4.12 $1.19 $0.97 $0.76 $1.19

Balance sheet

Line item 2026 ANNUAL 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Total Assets $18.30B $18.30B $17.29B $15.09B $14.70B
Total Current Assets $6.93B $6.93B $6.45B $4.39B $4.04B
Cash and Cash Equivalents & Short-Term Investments $1.99B $1.99B $2.42B $863.74M $852.78M
-Cash and Cash Equivalents $1.16B $1.16B $1.59B $863.74M $852.78M
-Short Term Investments $825.00M $825.00M $825.00M – –
Receivables $1.42B $1.42B $1.23B $1.10B $1.07B
-Accounts Receivable $1.34B $1.34B $1.19B $1.05B $1.03B
-Taxes Receivable $78.89M $78.89M $45.50M $44.09M $44.81M
Inventory $2.58B $2.58B $2.13B $1.85B $1.63B
Restricted Cash $35.16M $35.16M $42.03M $35.45M $22.55M
Other Current Assets $900.11M $900.11M $625.26M $547.59M $461.98M
Total Non-Current Assets $11.37B $11.37B $10.84B $10.69B $10.66B
Net PPE $3.00B $3.00B $2.42B $2.12B $1.94B
-Gross PPE $4.78B $4.78B $4.16B $3.83B $3.61B
-Accumulated Depreciation -$1.78B -$1.78B -$1.74B -$1.71B -$1.67B
Goodwill and Other Intangible Assets $7.26B $7.26B $7.36B $7.53B $7.61B
-Goodwill $4.38B $4.38B $4.40B $4.46B $4.47B
-Other Intangible Assets $2.88B $2.88B $2.96B $3.06B $3.13B
Non-Current Deferred Assets $69.43M $69.43M $72.11M $69.09M $53.93M
Other Non-Current Assets $1.05B $1.05B $988.71M $981.43M $1.05B
Total Liabilities $7.06B $7.06B $6.27B $6.20B $6.01B
Total Current Liabilities $2.85B $2.85B $2.11B $1.95B $1.74B
Payables $2.08B $2.08B $1.44B $1.25B $1.12B
-Accounts Payable $1.91B $1.91B $1.34B $1.12B $953.89M
-Total Tax Payable $173.25M $173.25M $99.25M $127.98M $164.27M
Current Accrued Expenses $261.43M $261.43M $332.79M $312.03M $317.61M
Short-Term Debt and Capital Lease Obligation $69.29M $69.29M $61.46M $149.48M $89.76M
-Current Debt $7.92M $7.92M $9.01M $106.46M $48.38M
-Current Capital Lease Obligation $61.37M $61.37M $52.44M $43.02M $41.38M
Current Provisions $27.45M $27.45M – – –
Current Deferred Liabilities $48.10M $48.10M – – –
Other Current Liabilities $11.01M $11.01M – – –
Total Non-Current Liabilities $4.21B $4.21B $4.16B $4.25B $4.28B
Long Term Debt and Capital Lease Obligation $3.47B $3.47B $3.36B $3.40B $3.42B
-Long Term Debt $3.21B $3.21B $3.18B $3.25B $3.26B
-Long Term Capital Lease Obligation $254.84M $254.84M $178.89M $151.64M $156.69M
Non-Current Deferred Liabilities $540.61M $540.61M $605.75M $643.25M $629.50M
Other Non-Current Liabilities $197.97M $197.97M $188.16M $208.05M $229.86M
Total Equity $11.24B $11.24B $11.02B $8.89B $8.69B
Stockholders' Equity $10.90B $10.90B $10.68B $8.54B $8.34B
Capital Stock $9.79B $9.79B $9.74B $7.67B $7.62B
-Common Stock $9.79B $9.79B $9.74B $7.67B $5.12B
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $2.51B
Retained Earnings $1.35B $1.35B $1.11B $922.34M $777.24M
Less: Treasury Stock $445.48M $445.48M $419.65M $412.68M $405.51M
Gains/Losses Not Affecting Retained Earnings $204.11M $204.11M $241.60M $355.35M $339.74M
Minority Interests $334.71M $334.71M $338.70M $348.99M $351.91M

Cash flow

Line item 2026 ANNUAL 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Operating Cash Flow $79.51M $69.46M -$93.80M $57.90M $45.96M
Net cash flow from continuing operations $79.51M $69.46M -$93.80M $57.90M $45.96M
Net Income from Continuing Operations $786.88M $236.20M $181.67M $143.81M $225.20M
Gain/Loss from Continuing Operations -$219.96M -$53.66M -$23.99M -$19.11M -$123.20M
Depreciation & Depletion & Amortization $521.90M $140.57M $132.88M $126.02M $122.43M
Deferred Tax -$198.73M -$60.70M -$64.97M $10.60M -$83.67M
Other Non-Cash Items $105.12M $48.52M $23.76M $13.18M $19.66M
Change in Working Capital -$1.10B -$291.90M -$392.29M -$259.38M -$158.60M
-Change in Receivables -$367.63M -$142.36M -$133.88M -$24.76M -$66.63M
-Change in Inventory -$1.18B -$483.58M -$278.05M -$202.25M -$219.12M
-Change in Payables and Accrued Expense $748.53M $398.87M $144.10M $100.21M $105.36M
-Change In Other Working Capital -$300.07M -$64.82M -$124.46M -$132.58M $21.79M
Net cash flow from investing -$1.41B -$522.59M -$1.05B -$138.53M $296.80M
Net Cash Flow from Continuing Investing Activities -$1.41B -$522.59M -$1.05B -$138.53M $296.80M
Net PPE Purchase and Sale -$1.10B -$555.68M -$289.68M -$153.60M -$103.95M
Net Intangibles Purchase and Sale -$7.17M – – – –
Net Business Purchase and Sale $436.99M -$294,000.00 $51.49M -$14.97M $400.76M
Net Investment Purchase and Sale -$735.62M $40.56M -$807.70M – –
Net Other Investing Changes -$5.02M $2,000.00 -$3.50M -$1.50M -$18,000.00
Financing Cash Flow $1.48B $1.16M $1.85B $43.06M -$421.49M
Net Cash Flow from Continuing Financing Activities $1.48B $1.16M $1.85B $43.06M -$421.49M
Net Issuance Payments Of Debt -$478.30M $26.21M -$160.60M $41.76M -$385.68M
Net Common Stock Issuance $2.00B -$1.45M – – –
Cash Dividends Paid -$11.44M $0.00 $0.00 $0.00 -$11.44M
Proceeds from Stock Option Exercised $53.81M $2.03M $21.70M $8.81M $21.28M
Net Other Financing Charges -$85.55M -$25.63M -$6.75M -$7.51M -$45.65M
Ending Cash Balance $1.77B $1.77B $2.23B $1.53B $1.55B
Net Change in Cash $142.87M -$451.97M $711.14M -$37.57M -$78.73M
Beginning Cash Balance $1.63B $2.23B $1.53B $1.55B $1.63B
Effect of Exchange Rate Changes -$7.38M -$5.41M -$14.16M $13.47M -$1.28M
Free Cash Flow -$1.03B -$493.40M -$383.48M -$95.70M -$57.99M
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