Coherent Corp. (COHR)

Coherent Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	6,294	5,810	4,708	5,160	3,317	3,106
Revenue Growth (YoY)	18.63%	23.42%	-8.77%	55.58%	6.78%	30.50%
Cost of Revenue	4,004	3,753	3,252	3,376	2,051	1,928
Gross Profit	2,290	2,057	1,456	1,784	1,265	1,177
Selling, General & Admin	987.44	926.45	854	1,005	474.1	445.24
Research & Development	624.06	578.92	478.79	499.6	377.11	330.11
Operating Expenses	1,611	1,505	1,333	1,504	851.2	775.34
Operating Income	678.36	551.95	123.18	279.98	414.29	402.12
Interest Expense	-216.99	-243.25	-288.48	-286.87	-121.25	-59.9
Currency Exchange Gain (Loss)	-	16	-15	0.2	-16	-6
Other Non Operating Income (Expenses)	27.44	31.55	61.71	-31.77	4.77	16.37
EBT Excluding Unusual Items	488.82	356.25	-118.59	-38.46	281.81	352.59
Merger & Restructuring Charges	-150.58	-160.08	-27.05	-277.1	-	-
Gain (Loss) on Sale of Assets	10.11	-84.99	-	-	-	-
Asset Writedown	-17	-17	-	-40	-	-
Other Unusual Items	-	-	-2	-	-	-
Pretax Income	331.35	94.18	-147.65	-355.56	281.81	352.59
Income Tax Expense	58.68	64.12	11.12	-96.1	47.05	55.04
Earnings From Continuing Operations	272.66	30.06	-158.76	-259.46	234.76	297.55
Minority Interest in Earnings	20.49	19.31	2.61	-	-	-
Net Income	293.16	49.36	-156.15	-259.46	234.76	297.55
Preferred Dividends & Other Adjustments	100.93	129.93	123.36	144.21	68.23	37.23
Net Income to Common	192.23	-80.56	-279.51	-403.67	166.53	260.32
Net Income Growth	333.39%	-	-	-	-21.10%	-
Shares Outstanding (Basic)	159	155	152	138	106	104
Shares Outstanding (Diluted)	171	155	152	138	117	115
Shares Change (YoY)	11.55%	2.05%	10.22%	18.08%	1.29%	35.61%
EPS (Basic)	1.21	-0.52	-1.84	-2.93	1.57	2.50
EPS (Diluted)	1.21	-0.52	-1.84	-2.93	1.45	2.37
EPS Growth	-	-	-	-	-38.87%	-
Free Cash Flow	-103.62	192.76	198.92	197.97	99	428.02
Free Cash Flow Per Share	-0.61	1.25	1.31	1.44	0.85	3.72
Gross Margin	36.38%	35.41%	30.93%	34.58%	38.16%	37.91%
Operating Margin	10.78%	9.50%	2.62%	5.43%	12.49%	12.95%
Profit Margin	3.05%	-1.39%	-5.94%	-7.82%	5.02%	8.38%
Free Cash Flow Margin	-1.65%	3.32%	4.23%	3.84%	2.99%	13.78%
EBITDA	1,208	1,106	682.94	961.67	701.07	672.19
EBITDA Margin	19.20%	19.03%	14.51%	18.64%	21.14%	21.64%
D&A For EBITDA	529.84	553.6	559.76	681.69	286.78	270.07
EBIT	678.36	551.95	123.18	279.98	414.29	402.12
EBIT Margin	10.78%	9.50%	2.62%	5.43%	12.49%	12.95%
Effective Tax Rate	17.71%	68.09%	-	-	16.70%	15.61%

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q