15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 19.5% per year over the past 5 years.
Free cash flow has grown 3.7% per year over the past 5 years.
Financial health
Total debt ($3.7B) exceeds cash ($909M); net debt is $2.8B.
Total debt has grown slower than revenue (10.3% vs 19.5% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$5.8B
$49M
35.2%
0.0%
$193M
$3.7B
$909M
2024
$4.7B
-$156M
30.9%
2.0%
$199M
$4.1B
$926M
2023
$5.2B
-$259M
31.4%
-0.7%
$198M
$4.3B
$821M
2022
$3.3B
$235M
38.2%
12.5%
$99M
$2.3B
$2.6B
2021
$3.1B
$298M
37.9%
12.9%
$428M
$1.4B
$1.6B
2020
$2.4B
-$67M
33.2%
1.7%
$160M
$2.3B
$493M
2019
$1.4B
$108M
38.3%
10.9%
$41M
$467M
$205M
2018
$1.2B
$88M
39.9%
11.8%
$8M
$439M
$247M
2017
$972M
$95M
40.0%
11.9%
-$20M
$342M
$272M
2016
$827M
$65M
37.7%
11.0%
$65M
$236M
$218M
2015
—
$66M
—
—
$77M
$176M
$174M
2014
—
$38M
—
—
$66M
$242M
$175M
2013
—
$51M
—
—
$82M
$114M
$185M
2012
—
$60M
—
—
$45M
$13M
$135M
2011
—
$83M
—
—
$33M
$19M
$149M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.8B
$191M
37.7%
0.0%
-$383M
$3.2B
$1.6B
Dec '25
$1.7B
$147M
36.9%
0.0%
-$96M
$3.4B
$864M
Sep '25
$1.6B
$226M
36.6%
0.0%
-$58M
$3.3B
$853M
Jun '25
$1.5B
-$96M
35.7%
0.0%
-$1M
$3.7B
$909M
Mar '25
$1.5B
$16M
35.2%
0.0%
$51M
$3.7B
$890M
Dec '24
$1.4B
$103M
35.5%
0.0%
$82M
$3.9B
$918M
Sep '24
$1.3B
$26M
34.1%
0.0%
$61M
$4.0B
$1.0B
Jun '24
$1.3B
-$48M
32.9%
4.8%
$62M
$4.1B
$926M
Mar '24
$1.2B
-$13M
30.3%
1.8%
$24M
$4.2B
$899M
Dec '23
$1.1B
-$27M
31.0%
2.8%
-$24M
$4.2B
$856M
Sep '23
$1.1B
-$68M
29.1%
-2.0%
$137M
$4.3B
$935M
Jun '23
$1.2B
-$178M
28.5%
-12.9%
$88M
$4.3B
$821M
Mar '23
$1.2B
$3M
33.9%
5.4%
$55M
$4.4B
$884M
Dec '22
$1.4B
-$45M
30.0%
0.6%
$114M
$4.5B
$897M
Sep '22
$1.3B
-$39M
33.0%
3.2%
-$59M
$4.6B
—
Jun '22
$887M
$44M
36.8%
12.9%
$19M
$2.3B
$2.6B
Mar '22
$828M
$49M
38.9%
12.9%
-$58M
$2.3B
—
Dec '21
$807M
$68M
38.6%
12.2%
$134M
$2.3B
—
Sep '21
$795M
$74M
38.6%
12.0%
$5M
$1.4B
$1.6B
Jun '21
$808M
$82M
36.9%
12.0%
$86M
$1.4B
$1.6B
Valuation over time
How the market has priced COHR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 31.7× (Mar '23) to 1608.2× (Jun '26).
The price-to-sales ratio has risen from 2.2× (Mar '23) to 13.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is COHR growing its revenue and profit?
Over the past 5 years, Coherent Corp.'s revenue has grown 19.5% per year. These are computed facts, not advice.
How much debt does COHR have?
As of FY2025, Coherent Corp. reported $3.7B of total debt against $909M of cash.
What is COHR's profit margin?
In FY2025, gross margin was 35.2%, operating margin —, and net margin 0.8%.
What is COHR's P/E ratio?
As of Jun '26, Coherent Corp. traded at a price-to-earnings ratio of about 1608.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.