Coherent Corp. filed its Form 10-Q with the SEC for the quarterly period ended September 30, 2026, reporting revenues of $2,370,324 thousand and net earnings attributable to the company of $384,673 thousand.
Key Highlights
- Revenue of $2.37 billion: Revenues for the three months ended September 30, 2026 were $2,370,324 thousand, compared with $1,581,378 thousand in the same period of the prior year.
- Net earnings attributable to Coherent Corp.: $384,673 thousand for the quarter, up from $226,349 thousand in the prior-year period.
- Diluted earnings per share: $1.90 for the three months ended September 30, 2026, compared with $1.19 in the prior-year quarter.
- Total assets of $20.25 billion: Total assets stood at $20,247,646 thousand at September 30, 2026, versus $18,299,852 thousand at June 30, 2026.
- Cash and cash equivalents of $1.55 billion: Cash and cash equivalents were $1,552,929 thousand at September 30, 2026, up from $1,162,018 thousand at June 30, 2026.
- Shares outstanding: At November 2, 2026, the registrant reported 196,958,669 shares of common stock outstanding.
- Capital expenditures: Additions to property, plant and equipment were $775,547 thousand for the three months ended September 30, 2026, compared with $103,946 thousand in the prior-year period.
Coherent Corp. Reports First Fiscal Quarter 2027 Financial Results
According to the Form 10-Q filed with the SEC, Coherent Corp. (NYSE:COHR) reported revenues of $2,370,324 thousand for the three months ended September 30, 2026, an increase from $1,581,378 thousand in the three months ended September 30, 2025. Cost of goods sold was $1,442,559 thousand for the current quarter, compared with $1,002,178 thousand in the prior-year period. Research and development expenses were $236,599 thousand, and selling, general and administrative expenses totaled $304,720 thousand. Restructuring charges of $8,580 thousand were recorded in the current quarter, down from $19,276 thousand in the prior-year period.
The filing disclosed earnings before income taxes of $358,754 thousand. The company reported an income tax benefit of $22,847 thousand for the quarter, resulting in net earnings of $381,601 thousand. After deducting a net loss attributable to noncontrolling interests of $3,072 thousand, net earnings attributable to Coherent Corp. were $384,673 thousand. Basic earnings per share were $1.96 and diluted earnings per share were $1.90. No dividends on preferred stock were recorded in the current quarter, whereas $33,479 thousand were recorded in the prior-year period.
On the balance sheet, the filing reported total current assets of $7,924,266 thousand and total current liabilities of $3,456,637 thousand at September 30, 2026. Inventories increased to $3,341,373 thousand from $2,581,043 thousand at June 30, 2026. Long-term debt was $3,980,711 thousand at September 30, 2026, up from $3,214,308 thousand at June 30, 2026. Total shareholders' equity attributable to Coherent Corp. was $11,330,017 thousand. Cash flows from operating activities were negative $92,681 thousand for the three months ended September 30, 2026, compared with positive $45,955 thousand in the prior-year period. Share-based compensation expense was $74,377 thousand, up from $44,134 thousand in the prior-year quarter.
What Was Disclosed
Coherent Corp. filed a quarterly report covering the three months ended September 30, 2026, disclosing revenue, earnings, balance sheet data, and cash flow results for the period, along with share counts and per-share figures as of the filing date.



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