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COHR Financials Coherent

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
-$259M $3B $7B $0 2012 2014 2016 2018 2020 2022 2024 2026
RevenueNet income
Margins (gross / operating / net)
-5% 17% 40% 0% 2012 2014 2016 2018 2020 2022 2024 2026
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-5% 3% 11% 0% 2012 2014 2016 2018 2020 2022 2024 2026
ROEROA
Free cash flow (CFO − capex)
-$1B -$298M $428M $0 2012 2014 2016 2018 2020 2022 2024 2026
Free cash flow
Cash vs total debt
$0 $2B $4B 2012 2014 2016 2018 2020 2022 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$6B -$1B $4B $0 2012 2014 2016 2018 2020 2022 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
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

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.

Price / earnings (P/E)
0.0 712.1 1424.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 6.1 12.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
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.