Cohu, Inc.

COHU Technology Semiconductor Equipment & Materials

Cohu, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $453.0 million, up 12.7% from fiscal 2024.

Revenue
+37.0%
EPS
+384.2%
Free cash flow
+116.6%
Total debt
+1,593.3%

Quarter to September 2026, against a year earlier

37.66 2.76 +7.91%
Market cap
$1.7B
P/E
0.0×
Fwd P/E
353×
Dividend yield
—
F-score
5/9
Altman Z
2.42
Beneish M
−3.66
Dividend safety
n/a

Cohu, Inc. (COHU) Operating margin

Alert me on Operating margin

Cohu, Inc.'s operating margin over the twelve months to 30 September 2026 was −2.38%, up 13.0 percentage points from fiscal 2025 (−15.4%). Over the past ten years it has ranged from −17.8% (fiscal 2024) to 22.7% (fiscal 2021); the current reading is higher than 18% of that period. That is below the Semiconductor Equipment & Materials industry median of 12.0% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −15.4% 2.44
FY2024 −17.8% (24.64)
FY2023 6.80% (8.65)
FY2022 15.5% (7.26)
FY2021 22.7% 22.20
FY2020 0.51% 9.48
FY2019 −8.97% (2.38)
FY2018 −6.59% (17.29)
FY2017 10.7% 9.62
FY2016 1.08% (1.87)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 7.40% 7.20
Jun 2026 0.20% 9.11
Mar 2026 −8.91% 3.76
Dec 2025 −12.7% (4.97)
43 more quarters

Against its own ten years

Low −17.8% High 22.7%
Ten-year median 1.08%
Current reading's percentile 42

Operating margin against peers

Company Operating margin
PLAB Photronics, Inc. compare 22.5%
ACMR ACM Research, Inc. compare 13.3%
ACLS Axcelis Technologies, Inc. compare 10.3%
UCTT Ultra Clean Holdings, Inc. compare 4.32%
VECO Veeco Instruments Inc. compare 3.02%
IPGP IPG Photonics Corporation compare 1.89%
COHU Cohu, Inc. −2.38%
AMBA Ambarella, Inc. compare −14.9%
AEHR Aehr Test Systems compare −28.3%
Semiconductor Equipment & Materials industry median 12.0%
Technology sector median 0.02%
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 →

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