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.

Revenue
+49.9%
EPS
+56.8%
Free cash flow
−1,695.5%
Total debt
+20.9%

Quarter to September 2026, against a year earlier

192.81 23.05 +13.58%
Market cap
$33.4B
P/E
38.3×
Fwd P/E
21.8×
Dividend yield
—
F-score
7/9
Altman Z
6.85
Beneish M
−2.01
Dividend safety
41/100

Coherent Corp. (COHR) Operating margin

Alert me on Operating margin

Coherent Corp.'s operating margin over the twelve months to 30 September 2026 was 13.4%, up 1.7 percentage points from fiscal 2026 (11.8%). Over the past ten years it has ranged from −0.72% (fiscal 2023) to 13.0% (fiscal 2021); the current reading is higher than 67% of that period. That is above the Scientific & Technical Instruments industry median of 8.96% and above the Technology sector median of 0.36%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2026 11.8% 5.32
FY2025 6.45% 4.41
FY2024 2.04% 2.76
FY2023 −0.72% (13.21)
FY2022 12.5% (0.46)
FY2021 13.0% 11.29
FY2020 1.66% (9.25)
FY2019 10.9% (0.89)
FY2018 11.8% (0.09)
FY2017 11.9% 0.79

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 15.9% 1.36
Jun 2026 14.6% 3.95
Mar 2026 10.6% (0.94)
Dec 2025 11.6% 1.90
43 more quarters

Against its own ten years

Low −0.72% High 13.0%
Ten-year median 11.0%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
GRMN Garmin Ltd. compare 28.8%
CGNX Cognex Corporation compare 25.0%
KEYS Keysight Technologies Inc. compare 20.3%
TDY Teledyne Technologies Incorporated compare 20.0%
FTV Fortive Corporation compare 19.6%
MKSI MKS Inc. compare 18.2%
TRMB Trimble Inc. compare 16.5%
ESE ESCO Technologies Inc. compare 15.7%
COHR Coherent Corp. 13.4%
Scientific & Technical Instruments industry median 8.96%
Technology sector median 0.36%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on COHR