Coherent Corp. (COHR)

Coherent Income Statement

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

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

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q