Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.

Coherent Corp. (COHR) Stock Price & Market Analysis
COHR · NYSE · Hardware, Equipment & Parts
$225.19
▲ +$32.38(+16.79%)4:00 PM ET - vs previous closeQuote as of Nov 9, 2026, 4:00 PM EST
Regular-session close · Nov 9, 2026, 4:00 PM EST.
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Historical range: 2000-11-09–2026-11-09. Earlier trading may not be included.
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FundamentalsLast checked
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What matters next
Next important events
- Feb 3, 2027Next earnings (est.)Estimated
Countdown
86 days out
Reported fundamentals
COHR financial overview
Annual revenue
USD 7.12B
Sales for the fiscal year ended Jun 30, 2026. This is not trailing twelve-month revenue.
Revenue change
+22.5%
Change versus the fiscal year ended Jun 30, 2025.
Net profit margin
11.3%
Net income divided by revenue for the fiscal year ended Jun 30, 2026. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout Coherent Corp. (COHR)Sector, leadership, and how Coherent Corp. earns its revenue.Technology
Coherent Corp.
NYSE · COHR · US
Company overview as of Nov 10, 2026.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Headquarters
- Saxonburg, PA, United States
- Country
- US
- Employees
- 51,478
- CEO
- James Robert Anderson
- Exchange
- NYSE
Business model & operating resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
Narrative versus numbers
Demand is expanding
Supporting observation: 49.9%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · Source timestamp: Sep 30, 2026
Growth produces accounting profit
Supporting observation: 12.2%
Net margin; the source did not supply a reporting period. Do not compare this reading with the quarterly or fiscal-year figures above. A positive margin does not establish cash generation. · Source timestamp: Nov 9, 2026, 2:45 PM EST
The business generates cash after investment
Contradicting observation: USD -868.23M
Latest free cash flow from the statement feed. It is not a forecast and may cover a different period from the fiscal-year figures above. · Source timestamp: Sep 30, 2026
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $2.37Bquarter ended Sep 30, 2026
- EPS
- $1.90quarter ended Sep 30, 2026
- Capital expenditure
- $775.55Mquarter ended Sep 30, 2026
- Free cash flow
- -$868.23Mquarter ended Sep 30, 2026
- Free cash flow margin
- -36.6%quarter ended Sep 30, 2026
- Operating cash / net income
- -0.24×quarter ended Sep 30, 2026
- Revenue growth year over year
- 49.9%quarter ended Sep 30, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
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Next open: 2026-11-10 · 9:30 AM America/New_York
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