Coherent Corp.

COHR Technology Scientific & Technical Instruments

Coherent Corp.’s revenue for fiscal 2026 (year ended June 2026) was $7.1 billion, up 22.5% from fiscal 2025. In the quarter to June 2026, revenue grew 33.7%, EPS grew 248.2%, free cash flow fell 45,512.1% and total debt fell 12.6%, each against the same quarter a year earlier. Member of the S&P 500.

232.90 17.70 −7.06%
Market cap
$49.4B
P/E
53.5×
Fwd P/E
62.6×
Dividend yield
—
F-score
7/9
Altman Z
6.85
Beneish M
−2.01
Dividend safety
41/100

Coherent Corp. (COHR) Free cash flow margin

Alert me on Free cash flow margin

Coherent Corp.'s free cash flow margin over the twelve months to 30 June 2026 was −14.4%. Over the past ten years it has ranged from −102.5% (fiscal 2023) to 12.7% (fiscal 2021); the current reading is higher than 17% of that period. That is below the Scientific & Technical Instruments industry median of 5.84% and below the Technology sector median of 1.72%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2026 −14.5% (17.80)
FY2025 3.32% (0.91)
FY2024 4.23% 106.76
FY2023 −102.5% (105.51)
FY2022 2.98% (9.69)
FY2021 12.7% 5.93
FY2020 6.74% 3.70
FY2019 3.04% 2.39
FY2018 0.65% 2.70
FY2017 −2.05% (9.88)

Against its own ten years

Low −102.5% High 12.7%
Ten-year median 3.18%
Current reading's percentile 17

Free cash flow margin against peers

Company Free cash flow margin
CGNX Cognex Corporation compare 25.3%
KEYS Keysight Technologies Inc. compare 22.7%
FTV Fortive Corporation compare 21.7%
GRMN Garmin Ltd. compare 20.9%
TRMB Trimble Inc. compare 20.4%
TDY Teledyne Technologies Incorporated compare 17.9%
ESE ESCO Technologies Inc. compare 15.2%
MKSI MKS Inc. compare 10.5%
COHR Coherent Corp. −14.4%
Scientific & Technical Instruments industry median 5.84%
Technology sector median 1.72%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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