Coherent Corp. (COHR) Financials

Key financial figures for Coherent Corp. (Q1 2027).

Coherent reported Q1 FY2027 revenue of $2.37B, up 50% year over year (56% pro forma), with non-GAAP EPS of $2.09 versus $1.16 a year earlier. Revenue of $2,370.3M rose 49.9% from $1,581.4M a year earlier and 15.9% from $2,045.5M in Q4 FY2026; the company put pro forma growth at 56% year over year. GAAP gross margin was 39.1% (up 254 bps year over year) and non-GAAP gross margin 40.6% (up 184 bps); GAAP diluted EPS was $1.90 versus $1.19 a year earlier, non-GAAP diluted EPS $2.09 versus $1.16. Datacenter & Communications revenue was $1,951.7M versus $1,090.0M a year earlier; Industrial revenue was $418.6M versus $491.4M, so the growth is entirely datacenter-led. On the outlook: Q2 FY2027 outlook: revenue $2.55B to $2.75B; non-GAAP gross margin 40% to 42%; non-GAAP operating expenses $430M to $450M; non-GAAP tax rate 18% to 20%; non-GAAP EPS $2.28 to $2.48. Also expects fiscal 2027 pro forma revenue growth above 60%, its first $3B revenue quarter by the end of fiscal 2027, a first $4B quarter in fiscal 2028, and a new target of non-GAAP gross margin above 45% before the end of calendar 2028. Figures are for Q1 FY2027, as Coherent Corp. reported them.

Revenue
$2.4B
Net Income
$385M
EPS
$1.96
Total Assets
$20.2B
Operating Cash Flow
-$92.7B

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q1 FY2027$2.4B$385M$1.90-$868.2B
Q4 FY2026$2.0B$241M$1.19-$493M
Q3 FY2026$1.8B$191M$0.97-$383M
Q2 FY2026$1.7B$147M$0.7611.78%-$96M
Q1 FY2026$1.6B$226M$1.19-$58M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2026$7.1B$805M$4.12-$1.0B
FY2025$5.8B$49M-$0.52$193M
FY2024$4.7B-$156M-$1.84$199M

Frequently asked questions

What was Coherent Corp.'s revenue last quarter?

Coherent Corp. reported revenue of $2.37 billion for Q1 FY2027, up 49.9% from the same period a year earlier.

Is Coherent Corp. profitable?

Yes. Coherent Corp. reported net income of $384.7 million for Q1 FY2027, a net margin of 16.23% on revenue.

How much free cash flow did Coherent Corp. generate?

Coherent Corp. generated free cash flow of -$868.23 billion in Q1 FY2027, after capital expenditure.

Full income statement, balance sheet and cash flow for Coherent Corp. on SentiSense, with up to forty quarters and twenty fiscal years of history.