Cohu, Inc. filed its Form 10-Q for the quarterly period ended September 26, 2026, with the SEC on October 29, 2026, reporting third-quarter net sales of $172,956 thousand and net income of $12,129 thousand.

Key Highlights

  • Third-quarter net sales: $172,956 thousand, up from $126,249 thousand in the same quarter of the prior year, according to the filing.
  • Third-quarter net income: $12,129 thousand ($0.26 basic, $0.22 diluted per share), compared to a net loss of $4,101 thousand in the prior-year quarter.
  • Nine-month net loss: $(98) thousand ($(0.00) per share, basic and diluted) for the nine months ended September 26, 2026, versus a net loss of $51,785 thousand in the comparable prior-year period.
  • Total assets: $1,297,723 thousand as of September 26, 2026, compared to $1,242,982 thousand at December 27, 2025.
  • Cash and cash equivalents: $272,303 thousand as of September 26, 2026, up from $227,053 thousand at December 27, 2025.
  • Shares outstanding: 47,346,050 shares of $1.00 par value common stock as of October 20, 2026, per the filing.
  • Total stockholders' equity: $790,980 thousand at September 26, 2026, compared to $785,539 thousand at December 27, 2025.

Cohu's Third-Quarter 2026 Financial Results and Balance Sheet Position

According to the 10-Q filed on NASDAQ:COHU, Cohu reported third-quarter net sales of $172,956 thousand for the three months ended September 26, 2026, compared to $126,249 thousand for the three months ended September 27, 2025. Income from operations in the third quarter was $12,801 thousand, reversing an operating loss of $9,716 thousand in the prior-year quarter. Interest income for the quarter was $3,854 thousand, and interest expense was $1,813 thousand. Income before taxes was $14,323 thousand, and income tax provision was $2,194 thousand, resulting in net income of $12,129 thousand.

For the nine months ended September 26, 2026, the company reported net sales of $447,077 thousand and a net loss of $98 thousand, compared to net sales of $330,726 thousand and a net loss of $51,785 thousand for the nine months ended September 27, 2025, according to the filing. Nine-month income from operations was $1,939 thousand versus an operating loss of $54,278 thousand in the prior-year period. Restructuring charges for the nine-month period were $1,839 thousand, down from $8,347 thousand in the same period a year earlier.

On the balance sheet, total current assets were $836,335 thousand as of September 26, 2026, including accounts receivable of $145,243 thousand and inventories of $149,049 thousand. Long-term debt stood at $285,212 thousand. Accumulated other comprehensive loss was $(40,691) thousand, reflecting foreign currency translation adjustments of $(7,128) thousand for the nine-month period. The company disclosed that 50,347 thousand shares of common stock were issued and outstanding in 2026, with 2,997 thousand shares held as treasury stock at a cost of $86,865 thousand.

What Was Disclosed

Cohu, Inc. disclosed its unaudited condensed consolidated financial statements for the quarter and nine months ended September 26, 2026, covering income, balance sheet, and stockholders' equity data, in a Form 10-Q filed October 29, 2026.