COHR (Coherent, Inc.) Stock Financials & Earnings | Market Cap Arena

COHR (Coherent, Inc.) Stock Financials & Earnings | Market Cap Arena

COHRCoherent, Inc.

Mkt Cap$42B

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NYSE

Revenue (TTM)$6.3B

Net Income (TTM)$293M

EPS (TTM)$1.01

Free Cash Flow (TTM)-$104M

Gross Margin36.4%

Op. Margin10.7%

Net Margin4.7%

FCF Margin-1.6%

P/S Ratio (TTM)6.7x

P/E Ratio (TTM)144.8x

YoY Rev Growth+18.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q3 23	$1.2B	$420M	$67M
Q4 23	$1.2B	$351M	$41M
Q1 24	$1.1B	$307M	-$18M
Q2 24	$1.1B	$351M	$30M
Q3 24	$1.2B	$366M	$34M
Q4 24	$1.3B	$432M	$77M
Q1 25	$1.3B	$460M	$100M
Q2 25	$1.4B	$509M	$145M
Q3 25	$1.5B	$528M	$146M
Q4 25	$1.5B	$560M	$159M
Q1 26	$1.6B	$579M	$172M
Q2 26	$1.7B	$623M	$199M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q3 23	8.8x	—
Q4 23	8.2x	—
Q1 24	8.7x	—
Q2 24	9.2x	—
Q3 24	9.2x	—
Q4 24	9.0x	—
Q1 25	8.5x	—
Q2 25	8.0x	628.0x
Q3 25	7.6x	440.0x
Q4 25	7.3x	860.5x
Q1 26	7.0x	170.0x
Q2 26	6.7x	144.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 23	$152M	$55M
Q4 23	$182M	$88M
Q1 24	$199M	$137M
Q2 24	$67M	-$24M
Q3 24	$117M	$24M
Q4 24	$162M	$62M
Q1 25	$153M	$61M
Q2 25	$187M	$82M
Q3 25	$163M	$51M
Q4 25	$130M	-$1M
Q1 26	$46M	-$58M
Q2 26	$58M	-$96M

Capital Expenditures

CapEx

Quarter	CapEx
Q3 23	$97M
Q4 23	$93M
Q1 24	$62M
Q2 24	$91M
Q3 24	$93M
Q4 24	$100M
Q1 25	$92M
Q2 25	$106M
Q3 25	$112M
Q4 25	$131M
Q1 26	$104M
Q2 26	$154M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 23	+49.8%	+62.7%
Q4 23	+35.9%	+50.7%
Q1 24	-21.7%	-17.7%
Q2 24	-17.4%	-19.2%
Q3 24	-2.5%	+0.2%
Q4 24	+9.1%	+6.3%
Q1 25	+28.0%	+16.5%
Q2 25	+26.8%	+17.1%
Q3 25	+23.9%	+15.1%
Q4 25	+16.4%	+10.8%
Q1 26	+17.3%	+12.9%
Q2 26	+17.5%	+15.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 23	$35M	2.8%
Q4 23	$25M	2.1%
Q1 24	$46M	4.4%
Q2 24	$27M	2.3%
Q3 24	$25M	2.1%
Q4 24	$29M	2.2%
Q1 25	$35M	2.6%
Q2 25	$41M	2.8%
Q3 25	$41M	2.7%
Q4 25	$160M	10.5%
Q1 26	$44M	2.8%
Q2 26	$86.9B	5151.7%

OpEx Breakdown

Quarter	R&D	SG&A
Q3 23	$126M	—
Q4 23	$123M	—
Q1 24	$113M	—
Q2 24	$111M	—
Q3 24	$127M	—
Q4 24	$127M	—
Q1 25	$132M	—
Q2 25	$144M	—
Q3 25	$151M	—
Q4 25	$156M	—
Q1 26	$155M	—
Q2 26	$166M	$258M

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 23	$901M	$0	$901M
Q4 23	$821M	$0	$821M
Q1 24	$941M	$0	$941M
Q2 24	$856M	$0	$856M
Q3 24	$899M	$0	$899M
Q4 24	$926M	$0	$926M
Q1 25	$1.0B	$0	$1.0B
Q2 25	$918M	$0	$918M
Q3 25	$890M	$0	$890M
Q4 25	$909M	$0	$909M
Q1 26	$853M	$0	$853M
Q2 26	$864M	$0	$864M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q3 23	139M	+0.4%
Q4 23	139M	+0.2%
Q1 24	150M	+7.9%
Q2 24	152M	+0.8%
Q3 24	152M	+0.4%
Q4 24	153M	+0.3%
Q1 25	154M	+0.7%
Q2 25	160M	+4.1%
Q3 25	155M	-3.0%
Q4 25	156M	+0.2%
Q1 26	156M	+0.0%
Q2 26	156M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	—	—
FY 19	—	—
FY 20	—	—
FY 21	—	—
FY 22	—	—
FY 23	$191K	27K
FY 24	$180K	26K
FY 25	$192K	30K