Coherent Corp. (COHR) Financial Statements

Executive TeamFinancials
SegmentsShareholders

Coherent financial statements at a glance

Coherent reported revenue of $7.12 billion for fiscal year 2026 (ended June 30, 2026), up 22.5% from fiscal year 2025. Net income was $769.90 million, a net margin of 10.8%, and diluted earnings per share were $4.12.

At the end of fiscal year 2026 it had total assets of $18.30 billion, total liabilities of $7.06 billion and shareholders' equity of $10.90 billion, with cash and short-term investments of $1.99 billion and total debt of $3.54 billion.

Its operations brought in $79.51 million of cash; capital spending was $1.11 billion, leaving free cash flow of -$1.03 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended June 30, 2026.

COHR logo

Coherent Corp.

COHRUnited States
Technology
USD (Local)

Income Statement

Annual • USD

Total Revenue
7.12B
Prev Year: 5.81B
YoY: +22.5%
Operating Revenue
7.12B
Prev Year: 5.81B
YoY: +22.5%
Total Unusual Items
-3.66M
Prev Year: -245.07M
YoY: +98.5%
Total Unusual Items Excluding Goodwill
-3.66M
Prev Year: -245.07M
YoY: +98.5%
Interest Expense
190.27M
Prev Year: 243.25M
YoY: -21.8%
Average Dilution Earnings
35.10M
Preferred Stock Dividends
35.10M
Prev Year: 129.93M
YoY: -73.0%
Noncontrolling Interests
18.11M
Prev Year: 19.31M
YoY: -6.2%
Other Income Expense
136.48M
Prev Year: -197.51M
YoY: +169.1%
Other Non-operating Income (expense)
140.14M
Prev Year: 47.55M
YoY: +194.7%
Special Income Charges
-3.66M
Prev Year: -245.07M
YoY: +98.5%
Gain on Sale of Business
124.13M
Write-offs
64.40M
Prev Year: 84.99M
YoY: -24.2%
Restructuring and Mergers Acquisition
63.39M
Prev Year: 160.08M
YoY: -60.4%
Non-operating Interest Expense
190.27M
Prev Year: 243.25M
YoY: -21.8%
Research and Development
722.95M
Prev Year: 581.92M
YoY: +24.2%
Selling General and Administrative
1.04B
Prev Year: 926.45M
YoY: +12.7%
Cost of Revenue
4.45B
Prev Year: 3.77B
YoY: +18.1%
Gross Profit
2.67B
Prev Year: 2.04B
YoY: +30.6%
Operating Expense
1.77B
Prev Year: 1.51B
YoY: +17.2%
Operating Income
901.52M
Prev Year: 534.95M
YoY: +68.5%
Net Non Operating Interest Income Expense
-190.27M
Prev Year: -243.25M
YoY: +21.8%
Pre-tax Income
847.73M
Prev Year: 94.18M
YoY: +800.1%
Provision for Income Taxes
60.85M
Prev Year: 64.12M
YoY: -5.1%
Net Income Common Stockholders
769.90M
Prev Year: -80.56M
YoY: +1055.7%
Net Income
805.00M
Prev Year: 49.36M
YoY: +1530.7%
Net Income Including Non-Controlling Interests
786.88M
Prev Year: 30.06M
YoY: +2518.0%
Net Income from Continuing Operations
786.88M
Prev Year: 30.06M
YoY: +2518.0%
Diluted NI Available to Com Stockholders
805.00M
Prev Year: -80.56M
YoY: +1099.2%
Basic EPS
4.34
Prev Year: -0.52
YoY: +934.6%
Diluted EPS
4.12
Prev Year: -0.52
YoY: +892.3%
Weighted Average Shares (basic)
177.27M
Prev Year: 154.80M
YoY: +14.5%
Weighted Average Shares (diluted)
195.39M
Prev Year: 154.80M
YoY: +26.2%
Total Expenses
6.22B
Prev Year: 5.28B
YoY: +17.8%
Net Income from Continuing and Discontinued Operation
805.00M
Prev Year: 49.36M
YoY: +1530.7%
Normalized Income
808.40M
Prev Year: 242.97M
YoY: +232.7%
Net Interest Income
-190.27M
Prev Year: -243.25M
YoY: +21.8%
EBIT
1.04B
Prev Year: 337.43M
YoY: +207.6%
EBITDA
1.56B
Prev Year: 891.03M
YoY: +75.1%
Reconciled Cost of Revenue
4.45B
Prev Year: 3.77B
YoY: +18.1%
Reconciled Depreciation
521.89M
Prev Year: 553.60M
YoY: -5.7%
Net Income from Continuing Operation Net Minority Interest
805.00M
Prev Year: 49.36M
YoY: +1530.7%
Normalized EBITDA
1.56B
Prev Year: 1.14B
YoY: +37.6%
Tax Rate for Calcs
0.07
Prev Year: 0.21
YoY: -66.7%
Tax Effect of Unusual Items
-256.3K
Prev Year: -51.46M
YoY: +99.5%
Values in USD

Coherent key figures by fiscal year

FY2026FY2025FY2024FY2023FY2022
Revenue$7.1B$5.8B$4.7B$5.2B$3.3B
Gross profit$2.7B$2.0B$1.5B$1.6B$1.3B
Operating income$901.5M$534.9M$123.2M$82.0M$414.3M
Net income$769.9M-$80.6M-$279.5M-$403.7M$166.5M
Diluted EPS$4.12-$0.52-$1.84-$2.93$1.45
Total assets$18.3B$14.9B$14.5B$13.7B$7.8B
Total liabilities$7.1B$6.4B$6.5B$6.5B$3.5B
Shareholders' equity$10.9B$8.1B$7.6B$7.2B$4.4B
Cash and short-term investments$2.0B$909.2M$926.0M$821.3M$2.6B
Total debt$3.5B$3.9B$4.3B$4.5B$2.4B
Operating cash flow$79.5M$633.6M$545.7M$634.0M$413.3M
Capital spending$1.1B$440.8M$346.8M$436.1M$314.3M
Free cash flow-$1.0B$192.8M$198.9M$198.0M$99.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2015.

Questions and answers

What was Coherent's revenue in fiscal year 2026?

$7.12 billion, up 22.5% from $5.81 billion in fiscal year 2025.

How much profit does Coherent make?

Coherent reported net income of $769.90 million for fiscal year 2026 (10.8% of revenue); operating income was $901.52 million.

How much cash and debt does Coherent have?

At the end of fiscal year 2026: cash and short-term investments of $1.99 billion and total debt of $3.54 billion.

What is Coherent's free cash flow?

-$1.03 billion in fiscal year 2026 (operating cash flow of $79.51 million minus capital spending of $1.11 billion).

MoreCoherent stock overviewCoherent executive teamCoherent shareholdersCoherent revenue by segment
RelatedSemiconductor and Related Device Manufacturing industryManufacturing sectorLumentum financialsApplied Optoelectronics (AAOI)Poet Technologies (POET)Aeluma (ALMU)
Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
© 2026 DataPorium. All rights reserved.|About & MethodologyPrivacy PolicyTerms of Use
LinkedInLinkedInXXYouTubeYouTube