Saturday 17 October 2026 Export COHU’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 38.4%, EPS grew 99.1%, free cash flow fell 39.4% and total debt rose 1,515.8%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.

50.81 4.09 −7.45%

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Market cap: $2.6B
P/E: 0.0×
Fwd P/E: −104×
Dividend yield: —
F-score: 5/9
Altman Z: 2.42
Beneish M: −3.66
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 12.98

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	2	1	1	7	1	1	4	2	1

Insider Ownership 3.50%

Capital & Financial Ratios $m

Market Cap 2,600.00

Revenue 522.60

Net Income (38.82)

Free Cash Flow 35.39

Net Debt (201.94)

Current Ratio 5.74

Debt/Equity 0.38

P/E ratio 0.00

Fwd P/E (104.00)

P/S ratio 4.60

P/B ratio 3.10

Past 5Y EPS Growth —

This Y EPS Growth 531.82%

Next Y EPS Growth 94.34%

Next Y revenue growth 35.27%

Next 5Y EPS Growth (5.43%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 96.57%

10-year low 10-year high

P/B against its own 10 years 94.07%

10-year low 10-year high

EV/Sales against its own 10 years 96.61%

10-year low 10-year high

EV/FCF against its own 10 years 86.62%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	0.06	0.06
2019	0.24	0.06 0.06 0.06 0.06
2018	0.24	0.06 0.06 0.06 0.06
2017	0.24	0.06 0.06 0.06 0.06
2016	0.24	0.06 0.06 0.06 0.06

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	336	262	484	498
Receivables	125	111	113	123
Inventory	156	142	129	140
Other	5	19	28	6
	639	534	750	789

	2023	2024	2025	Q'26
Payables	34	31	41	62
ST’ Debt	6	2	11	11
Other	5	3	3	5
	103	85	109	137

Compound Annual Growth %

	10y	5y	3y
Sales	5.32%	(6.56%)	(17.71%)
Cash Flow	3.97%	(8.67%)	(34.52%)
Earnings	0.00%	0.00%	0.00%
Book Value	12.68%	8.93%	(5.43%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	125	149	—	—	—
’25	97	108	126	122	453
’24	108	105	95	94	402
’23	179	169	151	137	636
’22	198	217	207	191	813
’21	225	245	225	192	887
’20	139	144	151	202	636

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	10	10	—	—	—
’25	(10)	16	(14)	40	32
’24	(14)	1	17	(2)	3
’23	16	53	29	3	101
’22	2	44	39	28	113
’21	6	30	34	28	98
’20	18	(5)	15	22	50

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	8	8	—	—	—
’25	(21)	13	(18)	37	11
’24	(17)	(1)	15	(5)	(8)
’23	12	50	25	(1)	86
’22	(1)	41	35	24	98
’21	4	27	31	25	86
’20	16	(8)	24	17	48

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.26)	0.00	—	—	—
’25	(0.66)	(0.36)	(0.09)	(0.48)	(1.59)
’24	(0.31)	(0.34)	(0.39)	(0.46)	(1.49)
’23	0.33	0.22	0.08	(0.04)	0.59
’22	0.44	0.59	0.51	0.45	1.98
’21	0.61	1.92	0.48	0.42	3.45
’20	(0.42)	(0.11)	(0.16)	0.34	(0.33)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.01	12.64	14.08	11.37	8.89	29.00	24.06	29.07	22.80	12.57	Analyst estimates 2026–2028 Powerpack
	High	14.43	26.17	27.83	23.03	41.00	51.86	39.86	43.99	36.60	28.03
People
People	Employees	1,800	1,800	3,500	3,200	3,250	3,240	3,218	3,259	3,024	2,857
	Revenue/emp, $m	0.16	0.20	0.13	0.18	0.20	0.27	0.25	0.20	0.13	0.16
Income, $m
Income, $m	Revenue	282	353	452	583	636	887	813	636	402	453
	Gross margin, %	35.45	40.66	35.26	39.40	42.73	43.62	47.16	47.60	44.87	42.75
	EBT	6	35	(32)	(72)	(13)	192	127	46	(65)	(62)
	EBT margin, %	2.13	10.03	(7.06)	(12.36)	(2.07)	21.68	15.59	7.20	(16.16)	(13.78)
	Net income	3	33	(32)	(70)	(14)	167	97	28	(70)	(74)
	Depreciation	10	11	50	68	55	51	48	53	55	54
Per share, $
Per share, $	Revenue	10.58	12.67	14.22	14.17	15.20	18.71	16.87	13.40	8.57	9.69
	Earnings	0.11	1.18	(1.01)	(1.69)	(0.33)	3.53	2.01	0.59	(1.49)	(1.59)
	Cash flow	0.92	1.43	1.08	0.42	1.19	2.07	2.34	2.14	0.06	0.68
	Capex	(0.10)	(0.22)	(0.12)	(0.39)	(0.04)	(0.25)	(0.30)	(0.33)	(0.22)	(0.44)
	Free cash flow	0.82	1.21	0.96	0.03	1.15	1.82	2.04	1.80	(0.17)	0.24
	Book value	8.83	10.39	17.18	11.74	12.24	18.61	19.28	20.01	18.27	16.81
	Shares, m	27	28	32	41	42	47	48	47	47	47
Valuation, ×
Valuation, ×	P/E	118.51	19.13	0.00	0.00	0.00	10.85	15.79	58.66	0.00	0.00
	P/S	1.31	1.78	1.13	1.61	2.51	2.04	1.88	2.58	3.12	2.40
	P/B	1.57	2.17	0.94	1.95	3.12	2.05	1.65	1.73	1.46	1.38
	EV/Sales	0.85	1.37	1.55	1.95	2.75	1.74	1.50	2.12	2.49	1.99
	EV/FCF	10.95	14.27	22.92	1,097.90	36.23	17.93	12.41	15.75	(128.94)	80.03
Cash, $m
Cash, $m	Operating cash flow	25	40	34	17	50	98	113	101	3	32
	Capex	(3)	(6)	(4)	(16)	(2)	(12)	(14)	(16)	(11)	(20)
	Free cash flow	22	34	30	1	48	86	98	86	(8)	11
Balance, $m
Balance, $m	Working capital	176	212	325	291	311	558	604	535	449	641
	Total debt	—	9	353	353	320	118	79	41	9	296
	Net debt	(128)	(147)	188	197	150	(262)	(307)	(295)	(253)	(188)
	Shareholders’ equity	235	289	546	483	512	883	929	950	857	786
Returns, %
Returns, %	ROA	0.88	8.58	(4.14)	(6.30)	(1.27)	14.24	7.79	2.37	(6.50)	(6.62)
	ROIC	1.77	16.55	(2.54)	(4.81)	0.31	20.30	12.61	4.13	(7.42)	(7.30)
	ROE	1.28	12.52	(7.71)	(13.55)	(2.77)	23.99	10.69	3.00	(7.73)	(9.04)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
AXTI AXT Inc	$3.8B	1,716×	379×	+164.77% (above 0%: growing)	n/m	+173.29% (above 0%: growing)	44.90%	21.90%	Compare
ACLS Axcelis Technologies, Inc.	$3.6B	36.1×	59.9×	+10.60% (above 0%: growing)	−23.23% (below 0%: shrinking)	−60.74% (below 0%: shrinking)	42.38%	9.43%	Compare
IPGP IPG Photonics Corporation	$3.1B	108×	82.3×	+11.11% (above 0%: growing)	−25.00% (below 0%: shrinking)	+200.46% (above 0%: growing)	40.39%	1.63%	Compare
AMBA Ambarella, Inc.	$2.8B	— (loss-making)	— (loss-making)	+13.21% (above 0%: growing)	n/m	−612.08% (below 0%: shrinking)	57.73%	(7.53%)	Compare
VECO Veeco Instruments Inc.	$2.8B	113×	57.6×	+16.48% (above 0%: growing)	−5.00% (below 0%: shrinking)	+776.15% (above 0%: growing)	38.68%	6.13%	Compare
COHU Cohu, Inc.	$2.6B	— (loss-making)	— (loss-making)	+38.37% (above 0%: growing)	n/m	−39.36% (below 0%: shrinking)	45.36%	0.20%
UCTT Ultra Clean Holdings, Inc.	$2.5B	— (loss-making)	98.9×	+24.31% (above 0%: growing)	n/m	−558.40% (below 0%: shrinking)	16.08%	4.57%	Compare
AEHR Aehr Test Systems	$2.3B	— (loss-making)	— (loss-making)	+33.69% (above 0%: growing)	n/m	+133.16% (above 0%: growing)	42.57%	(6.40%)	Compare
ICHR Ichor Holdings, Ltd.	$1.8B	— (loss-making)	93.0×	+22.68% (above 0%: growing)	n/m	−59.76% (below 0%: shrinking)	13.90%	2.44%	Compare
Median of peers	$2.8B	110×	87.7×	+19.58%	−23.23%	+36.70%	41.39%	3.51%

All 29 Semiconductor Equipment & Materials stocks →

Cohu, Inc. (COHU) key facts

Strength: Cohu, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $453.0 million, up 12.7% from fiscal 2024.
Cohu, Inc. (COHU) is a Semiconductor Equipment & Materials company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, COHU traded at $50.81, a market capitalization of $2.6 billion.
Return on equity was −9.04% and debt-to-equity 0.38.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.42 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.