15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 18.0% per year over the past 5 years.
Net income has grown faster than revenue (22.0% vs 18.0% per year).
Financial health
Total debt ($3.2B) exceeds cash ($1.2B); net debt is $2.1B.
Total debt has grown in line with revenue (18.6% vs 18.0% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2026
$7.1B
$805M
37.5%
0.0%
7.4%
4.4%
-$1.0B
$3.2B
$1.2B
2025
$5.8B
$49M
35.2%
0.0%
0.9%
0.3%
$193M
$3.7B
$909M
2024
$4.7B
-$156M
30.9%
2.0%
-3.0%
-1.1%
$199M
$4.1B
$926M
2023
$5.2B
-$259M
31.4%
-0.7%
-5.2%
-1.9%
$198M
$4.3B
$821M
2022
$3.3B
$235M
38.2%
12.5%
6.5%
3.0%
$99M
$2.3B
$2.6B
2021
$3.1B
$298M
37.9%
12.9%
8.7%
4.6%
$428M
$1.4B
$1.6B
2020
$2.4B
-$67M
33.2%
1.7%
-3.2%
-1.3%
$160M
$2.3B
$493M
2019
$1.4B
$108M
38.3%
10.9%
9.5%
5.5%
$41M
$467M
$205M
2018
$1.2B
$88M
39.9%
11.8%
8.6%
5.0%
$8M
$439M
$247M
2017
$972M
$95M
40.0%
11.9%
10.6%
6.4%
-$20M
$342M
$272M
2016
$827M
$65M
37.7%
11.0%
8.4%
5.4%
$65M
$236M
$218M
2015
—
$66M
—
—
9.0%
6.2%
$77M
$176M
$174M
2014
—
$38M
—
—
5.7%
3.6%
$66M
$242M
$175M
2013
—
$51M
—
—
8.0%
5.9%
$82M
$114M
$185M
2012
—
$60M
—
—
10.3%
8.5%
$45M
$13M
$135M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Jun '26
$2.0B
$241M
38.5%
0.0%
2.2%
1.3%
-$486M
$3.2B
$1.2B
Mar '26
$1.8B
$191M
37.7%
0.0%
1.8%
1.1%
-$383M
$3.2B
$1.6B
Dec '25
$1.7B
$147M
36.9%
0.0%
1.7%
1.0%
-$96M
$3.4B
$864M
Sep '25
$1.6B
$226M
36.6%
0.0%
3.9%
1.5%
-$58M
$3.3B
$853M
Jun '25
$1.5B
-$96M
35.7%
0.0%
-1.7%
-0.6%
-$1M
$3.7B
$909M
Mar '25
$1.5B
$16M
35.2%
0.0%
0.3%
0.1%
$51M
$3.7B
$890M
Dec '24
$1.4B
$103M
35.5%
0.0%
2.0%
0.7%
$82M
$3.9B
$918M
Sep '24
$1.3B
$26M
34.1%
0.0%
0.5%
0.2%
$61M
$4.0B
$1.0B
Jun '24
$1.3B
-$48M
32.9%
4.8%
-0.9%
-0.3%
$62M
$4.1B
$926M
Mar '24
$1.2B
-$13M
30.3%
1.8%
-0.2%
-0.1%
$24M
$4.2B
$899M
Dec '23
$1.1B
-$27M
31.0%
2.8%
-0.5%
-0.2%
-$24M
$4.2B
$856M
Sep '23
$1.1B
-$68M
29.1%
-2.0%
-1.4%
-0.5%
$137M
$4.3B
$935M
Jun '23
$1.2B
-$178M
28.5%
-12.9%
-3.6%
-1.3%
$88M
$4.3B
$821M
Mar '23
$1.2B
$3M
33.9%
5.4%
0.0%
0.0%
$55M
$4.4B
$884M
Dec '22
$1.4B
-$45M
30.0%
0.6%
-0.9%
-0.3%
$114M
$4.5B
$897M
Sep '22
$1.3B
-$39M
33.0%
3.2%
-0.8%
-0.3%
-$59M
$4.6B
—
Jun '22
$887M
$44M
36.8%
12.9%
1.2%
0.6%
$19M
$2.3B
$2.6B
Mar '22
$828M
$49M
38.9%
12.9%
1.4%
0.6%
-$58M
$2.3B
—
Dec '21
$807M
$68M
38.6%
12.2%
1.9%
0.9%
$134M
$2.3B
—
Sep '21
$795M
$74M
38.6%
12.0%
2.2%
1.1%
$5M
$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 31.8× (Mar '23) to 49.0× (Nov '26).
The price-to-sales ratio has risen from 2.2× (Mar '23) to 5.5× (Nov '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's revenue has grown 18.0% per year, and net income grown 22.0% per year. These are computed facts, not advice.
How much debt does COHR have?
As of FY2026, Coherent reported $3.2B of total debt against $1.2B of cash.
What is COHR's profit margin?
In FY2026, gross margin was 37.5%, operating margin —, and net margin 11.3%.
What is COHR's P/E ratio?
Coherent's P/E (TTM) is 49.02 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the COHR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 49.0× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.