Coherent Corp. (COHR) Financials
Key financial figures for Coherent Corp. (Q4 2026).
Coherent Corp. posts record Q4 FY2026 revenue of $2.05B (up 34% YoY), driven by Datacenter & Communications segment growth of 59% YoY on AI optics demand. Q4 FY2026 revenue reached $2.05 billion, up 34% year-over-year (42% on a pro forma basis), a new quarterly record. Datacenter & Communications segment revenue was $1,615.0M, up from $1,018.3M in Q4 FY2025 (about +59% YoY), now roughly 79% of total revenue. Industrial segment revenue was $430.5M, down from $511.1M a year ago. GAAP gross margin was 38.5% (up 277 bps YoY); non-GAAP gross margin was 40.2% (up 215 bps YoY). GAAP diluted EPS was $1.19 (up from a prior-year loss basis, +$2.02 YoY); non-GAAP diluted EPS was $1.74 (up $0.74 YoY). On the outlook: Q1 FY2027 revenue guided to $2.2B-$2.4B, non-GAAP gross margin 39.5%-41.5%, non-GAAP operating expenses $400M-$420M, non-GAAP tax rate 18%-20%, and non-GAAP diluted EPS of $1.85-$2.05. Figures are for Q4 FY2026, as Coherent Corp. reported them.
- Revenue
- $2.0B
- Net Income
- $236M
- EPS
- $1.25
- Total Assets
- $18.3B
- Operating Cash Flow
- $69M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q4 FY2026 | $2.0B | $241M | $1.19 | 12.41% | -$493M |
| Q3 FY2026 | $1.8B | $191M | $0.97 | 12.53% | -$383M |
| Q2 FY2026 | $1.7B | $147M | $0.76 | 11.78% | -$96M |
| Q1 FY2026 | $1.6B | $226M | $1.19 | 10.89% | -$58M |
| Q4 FY2025 | $1.5B | -$96M | -$0.83 | 10.39% | -$1M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $7.1B | $805M | $4.12 | 12.67% | -$1.0B |
| FY2025 | $5.8B | $49M | -$0.52 | 9.45% | $193M |
| FY2024 | $4.7B | -$156M | -$1.84 | 2.62% | $199M |
Frequently asked questions
What was Coherent Corp.'s revenue last quarter?
Coherent Corp. reported revenue of $2.05 billion for Q4 FY2026, up 33.7% from the same period a year earlier.
Is Coherent Corp. profitable?
Yes. Coherent Corp. reported net income of $240.5 million for Q4 FY2026, a net margin of 11.76% on revenue.
How has Coherent Corp.'s margin trended?
Operating margin was 12.41% in Q4 FY2026, compared with 10.39% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Coherent Corp. generate?
Coherent Corp. generated free cash flow of -$493.4 million in Q4 FY2026, 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.