Coherent Corp.COHR

NYSETechnologyOptical Instruments & Lenses
Price (close)
$295.83
Market cap
$57.9B
P/E
72.0x
Revenue (TTM)
$7.1B
Net income
$805.0M
Dividend yield
—
1-year total return
177.6%
Net margin
11.3%
Revenue growth
22.5%
Debt / equity
0.30x

What Coherent Corp. does.

Coherent Corp. (“Coherent,” the “Company,” “we,” “us,” or “our”), is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the data center, communications and industrial markets. Our headquarters are located at 375 Saxonburg Boulevard, Saxonburg, Pennsylvania 16056, USA. Our telephone number is +1-724-352-4455. Reference to “Coherent,” the “Company,” “we,” “us,” or “our” in this Annual Report on Form 10-K, unless the context requires otherwise, refers to Coherent Corp. and its wholly owned subsidiaries.

The following defined terms are used in this Annual Report on Form 10-K: artificial intelligence (AI); bismuth telluride (Bi 2 Te 3 ); carbon dioxide (CO 2 ); continuous wave (CW); co-packaged optics (CPO); datacenter interconnect (DCI); deep ultraviolet (DUV); digital signal processor (DSP); edge-emitting laser (EEL); electron-absorption modulated laser (EML); environmental, social, and governance (ESG); fifth-generation (5G) wireless; fourth-generation (4G) wireless; gallium arsenide (GaAs); gallium antimonide (GaSb), gallium nitride (GaN); gigabit per second (G); high-definition multimedia interface (HDMI); high-electron-mobility transistor (HEMT); indium phosphide (InP); infrared (IR); integrated circuit (IC); intellectual property (IP); kilowatt (kW); light-emitting diode (LED); machine learning (ML); millimeter (mm); nanometer (nm); near-infrared (NIR); optical circuit switches (OCS); optically pumped semiconductor laser (OPSL); organic light-emitting diode (OLED); original equipment manufacturer (OEM); photonic integrated circuits (PICs); polymerase chain reaction (PCR); printed circuit board (PCB); radio frequency (RF); research and development (R&D); silicon carbide (SiC); terabit per second (T); three-dimensional (3D); ultraviolet (UV); vertical-cavity surface-emitting laser (VCSEL); virtual reality (VR); watt (W); wavelength selective switching (WSS); zinc selenide (ZnSe); and zinc sulfide (ZnS).

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$3.1B$3.3B$5.2B$4.7B$5.8B$7.1B
Net income$297.6M$234.8M-$259.5M-$156.2M$49.4M$805.0M
Free cash flow$428.0M$99.0M$198.0M$198.9M$192.8M-$1.0B

More on COHR.

Figures from Coherent Corp.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.