FY26 · Ended Jun 30, 2026 · View SEC filing
Growth is consuming far more cash than it generates
Profit rose, but inventory and new factories absorbed the cash, so outside money from NVIDIA, lenders and business sales funded the build.
For investorsWhat has to go right for the capacity build to pay back?
For foundersOwning the bottleneck: how a parts maker becomes a partner
Net earnings outran pre-tax earnings because the tax bill shrank and business sales added a gain, items that need not repeat.
Datacenter & Communications grew 40.5% as divestitures shrank Industrial, so the company's fortunes now ride mostly on AI datacenter spending.
Coherent makes the lasers and chips inside its transceivers, so yield gains and lower input costs stay in its own margin.
Unlock the financial breakdown, competitive insights, historical trends and founder playbook, plus research across the company library.
Free CXProWealth membership required
Business Lens describes Coherent Corp. from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
