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NYSE · OPTICAL INSTRUMENTS & LENSES · LARGE CAP

Coherent Corp. COHR

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$7.1B
▲ 22.5% YoY
$805.0M
▲ 1530.7% YoY
$-1.0B
▼ 630.9% YoY
In brief

What this company does

Coherent Corp. develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the data center, communications and industrial markets. As of June 30, 2026, the company employed approximately 51,000 employees worldwide. Two customers each contributed more than 10% of its revenue during fiscal 2026. The company is headquartered in Saxonburg, Pennsylvania, with research and development, manufacturing, and sales facilities worldwide. For fiscal year 2026, the company reports its results in two reporting segments: Datacenter & Communications, and Industrial. The Datacenter & Communications segment applies compound semiconductor technology platforms and knowledge of end-user applications to deliver components, modules, and subsystems for its end markets. The Industrial segment's lasers and optics products serve industrial customers in semiconductor and display capital equipment and precision manufacturing, and instrumentation customers in life sciences and scientific instrumentation.

Written from the business description in COHERENT CORP.'s annual report to the U.S. Securities and Exchange Commission, filed 14 August 2026. Every sentence was checked against that document before publication.

Growth
USD 7.1B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 7.1 · Net income 0.8
2.5B5.0B2008201120142017202020232025
Compound annual growth
+11.3%
+18.0%
+24.0%
+19.3%
+22.0%
+28.5%
+16.4%
+11.7%
+14.8%
+8.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.0% a year over five years — but profit grew faster: net income at +22.0%, earnings per share at +11.7%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 11.9% · Net 11.1%
5%10%15%-2%-4%-6%2008201120142017202020232025
ROE
FY2025 · ROE 9.7%
5%10%15%-2%-4%-6%2008201120142017202020232025
Gross margin37.5%
Operating margin11.9%
Net margin11.1%
Return on assets4.7%
EBITDAUSD 1.1B

Each USD of equity produced 10 cents of profit this year.

Cash & shareholders
—
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -1.0
0.2B0.4B-0.4B-0.8B2008201120142017202020232025
Net buybacks $M Dividends $M
FY2021 · Dividends — · Net buybacks 0.0
-200M-400M200820122014201720192021
Dividends paid—
Net buybacks—
Share of profit—
Consecutive raises—

Total assetsUSD 18.3B
EquityUSD 10.9B
CashUSD 1.2B
Gross debtUSD 3.2B
Net debtUSD 2.1B
Current ratio2.43×

Net debt stands at 19% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B7.15.84.75.23.33.12.41.41.21.00.80.70.70.60.50.50.30.3
Operating income $B0.80.1−0.1−0.40.40.40.00.10.10.10.10.10.00.10.1···
EBITDA $B1.10.30.1−0.10.60.60.20.20.20.20.10.10.10.10.1···
Income tax $B0.10.10.0−0.10.00.10.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.80.0−0.2−0.30.20.3−0.10.10.10.10.10.10.00.10.10.10.00.0
Free cash flow $B−1.00.20.20.20.10.40.20.00.0−0.00.10.10.10.10.00.00.10.0
EPS, diluted $4.12−0.52−1.84−2.931.452.37−0.791.631.351.481.041.050.600.800.941.300.630.61
Dividend / sh $··················
Payout %··················
ROE %9.70.9−3.1−6.06.710.9−4.210.09.111.38.79.45.98.310.917.89.4·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOptical Instruments & Lenses
Listed onNYSE
Incorporated inPennsylvania
Fiscal year endsJune 30
Data on record since2008

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