Coherent Corp. (COHR) Research

Forward Estimates

EPS Estimates

Current Qtr

$1.62

$1.49$1.75

vs $1.00+61.5%

19 analysts

Next Qtr

$1.77

$1.50$1.99

vs $1.16+52.2%

19 analysts

Current Yr

$5.45

$5.31$5.57

vs $3.53+54.5%

20 analysts

Next Yr

$8.10

$6.51$9.78

vs $5.45+48.4%

21 analysts

Revenue Estimates

Current Qtr

$1.98B

$1.92B$2.01B

vs $1.53B+29.4%

17 analysts

Next Qtr

$2.12B

$2.03B$2.27B

vs $1.58B+34.3%

16 analysts

Current Yr

$7.05B

$6.99B$7.08B

vs $5.81B+21.4%

19 analysts

Next Yr

$9.45B

$7.81B$11.17B

vs $7.05B+34.0%

20 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for COHR on EDGAR.

COHR filing events and research context
Filed	Item	Context
May 6, 2026	mda_quarterly	Coherent Corp. reported a 21% year-over-year revenue increase to $1,806 million for the quarter ended March 31, 2026, driven by significant demand in the Datacenter & Communications segment. This segment’s revenue grew 41% due to AI datacenter expansion and increased demand for transceivers, specifically new ZR/ZR+ models. In contrast, the Industrial segment revenue fell 16% to $444 million, primarily following the divestitures of the aerospace and defense business and the Munich-based product division. A major strategic milestone is the multi-year agreement with NVIDIA, which includes a multi-billion-dollar purchase commitment and a $2 billion investment in Coherent common stock to fund R&D and manufacturing capacity. Gross margin expanded 243 basis points to 38%, aided by higher volumes and manufacturing efficiencies. While net earnings rose to $191 million, net cash from operating activities decreased to $10 million, reflecting substantial inventory builds to support rising revenue levels. The company continues to execute restructuring plans involving site consolidations and workforce reductions. While geopolitical volatility and export controls present potential headwinds, they have not materially impacted current results.
Feb 4, 2026	mda_quarterly	Coherent Corp. reported a 17% year-over-year revenue increase to $1,686 million for the three months ended December 31, 2025, driven primarily by the Datacenter & Communications segment. This segment saw 34% growth fueled by robust AI datacenter demand for transceivers and increased shipments of ZR/ZR+ telecom products. In contrast, the Industrial segment's revenue declined 10% following the $400 million divestiture of its aerospace and defense business. Gross margin expanded 140 basis points to 37%, supported by yield improvements in the Datacenter segment, pricing optimization, and manufacturing efficiencies. The company continues executing its 2023 and 2025 restructuring plans to consolidate sites and reduce costs. While geopolitical tensions and US-China trade sanctions—specifically Chinese restrictions on critical rare earth minerals—pose potential headwinds, current impacts remain non-material. Liquidity is supported by $864 million in cash and equivalents, alongside a $1 billion investment in Silicon Carbide LLC earmarked for capital expansion. Total debt obligations stand at $3,352 million, following recent amendments to senior credit facilities.
Nov 5, 2025	mda_quarterly	Coherent Corp. reported third-quarter 2025 revenue of $1,581 million, a 17% year-over-year increase, driven primarily by the Datacenter & Communications segment. This segment grew 26% to $1,090 million, fueled by robust AI datacenter demand and increased shipments of ZR/ZR+ transceivers and telecom transport products. The Industrial segment grew 1% to $491 million, supported by precision manufacturing, semiconductor capital equipment, and automotive markets, though growth was partially offset by the $400 million divestiture of the aerospace and defense business. Gross margin expanded 252 basis points to 37%, benefiting from higher volumes, yield improvements, and pricing optimization. The company continues executing its 2023 and 2025 restructuring plans, involving site consolidations and workforce reductions. While geopolitical tensions and US-China trade sanctions—specifically regarding rare earth mineral export restrictions—pose potential headwinds, Coherent’s diversified manufacturing footprint provides mitigation. Financially, the company maintains $853 million in cash and recently amended its credit facilities to include a $700 million revolving credit facility. Additionally, a $1 billion investment in Silicon Carbide LLC is earmarked for future capital expansion in the silicon carbide business.

Filed

Item

Context

May 6, 2026

mda_quarterly

Coherent Corp. reported a 21% year-over-year revenue increase to $1,806 million for the quarter ended March 31, 2026, driven by significant demand in the Datacenter & Communications segment. This segment’s revenue grew 41% due to AI datacenter expansion and increased demand for transceivers, specifically new ZR/ZR+ models. In contrast, the Industrial segment revenue fell 16% to $444 million, primarily following the divestitures of the aerospace and defense business and the Munich-based product division. A major strategic milestone is the multi-year agreement with NVIDIA, which includes a multi-billion-dollar purchase commitment and a $2 billion investment in Coherent common stock to fund R&D and manufacturing capacity. Gross margin expanded 243 basis points to 38%, aided by higher volumes and manufacturing efficiencies. While net earnings rose to $191 million, net cash from operating activities decreased to $10 million, reflecting substantial inventory builds to support rising revenue levels. The company continues to execute restructuring plans involving site consolidations and workforce reductions. While geopolitical volatility and export controls present potential headwinds, they have not materially impacted current results.

Feb 4, 2026

mda_quarterly

Coherent Corp. reported a 17% year-over-year revenue increase to $1,686 million for the three months ended December 31, 2025, driven primarily by the Datacenter & Communications segment. This segment saw 34% growth fueled by robust AI datacenter demand for transceivers and increased shipments of ZR/ZR+ telecom products. In contrast, the Industrial segment's revenue declined 10% following the $400 million divestiture of its aerospace and defense business. Gross margin expanded 140 basis points to 37%, supported by yield improvements in the Datacenter segment, pricing optimization, and manufacturing efficiencies. The company continues executing its 2023 and 2025 restructuring plans to consolidate sites and reduce costs. While geopolitical tensions and US-China trade sanctions—specifically Chinese restrictions on critical rare earth minerals—pose potential headwinds, current impacts remain non-material. Liquidity is supported by $864 million in cash and equivalents, alongside a $1 billion investment in Silicon Carbide LLC earmarked for capital expansion. Total debt obligations stand at $3,352 million, following recent amendments to senior credit facilities.

Nov 5, 2025

mda_quarterly

Coherent Corp. reported third-quarter 2025 revenue of $1,581 million, a 17% year-over-year increase, driven primarily by the Datacenter & Communications segment. This segment grew 26% to $1,090 million, fueled by robust AI datacenter demand and increased shipments of ZR/ZR+ transceivers and telecom transport products. The Industrial segment grew 1% to $491 million, supported by precision manufacturing, semiconductor capital equipment, and automotive markets, though growth was partially offset by the $400 million divestiture of the aerospace and defense business. Gross margin expanded 252 basis points to 37%, benefiting from higher volumes, yield improvements, and pricing optimization. The company continues executing its 2023 and 2025 restructuring plans, involving site consolidations and workforce reductions. While geopolitical tensions and US-China trade sanctions—specifically regarding rare earth mineral export restrictions—pose potential headwinds, Coherent’s diversified manufacturing footprint provides mitigation. Financially, the company maintains $853 million in cash and recently amended its credit facilities to include a $700 million revolving credit facility. Additionally, a $1 billion investment in Silicon Carbide LLC is earmarked for future capital expansion in the silicon carbide business.

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COHR filing events and research context

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