COHR Q1 2023 Earnings — Coherent, Inc. Revenue & Financial Results | Market Cap Arena

COHRCoherent, Inc.

$42B

Q1 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1.3B+69.1% YoY

Gross Profit

$444M33.0% margin

Operating Income

$42M3.2% margin

Net Income

-$39M-2.9% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

+51.6%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

-$59M

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$13.8B

Total Liabilities

$6.7B

Stockholders' Equity

$7.2B

Cash & Equivalents

$899M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$795M	+69.1%
Gross Profit	$444M	$307M	+44.7%
Operating Income	$42M	$95M	-55.3%
Net Income	-$39M	$74M	-152.0%

Revenue Segments

Lasers Segment

$392M52%

Materials Segment

$356M48%