TICKDELTA
Sign in
Screener / SEC EDGAR /CIK 0000820318 /10-K filed Aug 14, 2026, compared with Aug 15, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
COHRFTNTPLTRNTAPADSKROP
NYSE Technology · Optical Instruments

Coherent Corp. COHR

COHR quote by TradingView
Employees
51,000
Headquarters
Saxonburg, PA
CEO
James Robert Anderson
Next results
around Feb 3, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2026

Revenue of $7.1B through the costs to a net profit of $805.0M · income statement of the 10-K

11% net margin
Revenue to Gross profit: $2.7BRevenue to Cost of revenue: $4.4BGross profit to Net profit: $805.0MGross profit to Costs, tax, other: $1.9B Revenue: $7.1B REVENUE $7.1B +23% Y/Y Gross profit: $2.7B · 37% margin GROSS PROFIT $2.7B 37% margin Cost of revenue: $4.4B · 63% of revenue COST OF REVENUE $4.4B 63% of revenue Net profit: $805.0M · 11% margin NET PROFIT $805.0M 11% margin · +1531% Y/Y Costs, tax, other: $1.9B · 26% of revenue COSTS, TAX, OTHER $1.9B 26% of revenue
Gross profit $2.7B 37% margin
Net profit $805.0M 11% margin · +1531% Y/Y
The full income statement, year by year

COHR among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 22.5%, above 73% of 74 peers (their median 14.0%) REVENUE GROWTH 22.5% · above 73% Gross margin: 38.2%, above 13% of 67 peers (their median 58.0%) GROSS MARGIN 38.2% · above 13% Net margin: 12.2%, above 34% of 74 peers (their median 19.2%) NET MARGIN 12.2% · above 34% FCF margin: -23.2%, above 1% of 70 peers (their median 23.7%) FCF MARGIN -23.2% · above 1%
COHR Peer median Below the median

What changed

27 new risk paragraphs and 3 accounting facts worth reading about. 10-K filed Aug 14, 2026 against Aug 15, 2025.

Risk factors
27 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Receivables growing faster than revenue
Receivables +39.3% vs revenue +22.5% (+16.8 pts)
10-K · XBRL
Cash from operations lower than net income
Cash from operations $79.5M vs net income $805.0M (FY ending Jun 30, 2026)
10-K · XBRL
Inventory growing faster than revenue
Inventory +79.5% vs revenue +22.5% (+57.0 pts)
10-K · XBRL
Accounting checks
8 other checks clear, 3 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
2 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

3facts worth reading about the other 8 checks found nothing to note

  • Receivables growing faster than revenue
    Receivables +39.3% vs revenue +22.5% (+16.8 pts)
  • Cash from operations lower than net income
    Cash from operations $79.5M vs net income $805.0M (FY ending Jun 30, 2026)
  • Inventory growing faster than revenue
    Inventory +79.5% vs revenue +22.5% (+57.0 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
7 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Goodwill Impairment Assessment - Lasers Reporting Unit
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

27 paragraphs in Risk Factors that were not in the 10-K filed Aug 15, 2025. Quoted as filed.

All 27 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Aug 15, 2025 10-K, ITEM 1A
    Our reliance on contract manufacturers, and any failure to qualify or requalify our own or our subcontractors’ manufacturing lines for volume production, could adversely affect our ability to meet customer demand and harm our business, results of operations, and financial condition. We provide components to contract manufacturers to…
  2. Item 1A · new paragraph · not in the 10-K filed Aug 15, 2025 10-K, ITEM 1A
    We may not be able to achieve expected returns from strategic investments, including capacity expansions. We have made and are planning to make significant investments to satisfy increased customer demand, including expansion of our production capacity in the United States and in other regions where we operate. These projects are highly…
  3. Item 1A · new paragraph · not in the 10-K filed Aug 15, 2025 10-K, ITEM 1A
    We purchase a significant amount of the materials and components used in our products from a limited number of suppliers. Our manufacturing processes and those of our contract manufacturers rely on many materials, including precious and rare earth metals, indium phosphide (“InP”) and certain lasers and laser components that may be…
  4. Item 1A · new paragraph · not in the 10-K filed Aug 15, 2025 10-K, ITEM 1A
    We operate globally and sell or plan to sell our products in countries throughout the world. Significant political, trade, or regulatory developments in the jurisdictions in which we sell our products, such as those stemming from the change in the U.S. federal administration, are difficult to predict and may have a material adverse…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$5.2B$4.7B$5.8B$7.1B
Net income−$259.5M−$156.2M$49.4M$805.0M
Operating cash flow$634.0M$545.7M$633.6M$79.5M
Free cash flow$198.0M$198.9M$192.8M−$1.0B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$7.1B ▲ 22.5% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Coherent Corp., Saxonburg, PA · from the 10-K filed Aug 14, 2026

Coherent Corp. (“Coherent,” the “Company,” “we,” “us,” or “our”), is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the data center, communications and industrial markets. Our headquarters are located at 375 Saxonburg Boulevard, Saxonburg, Pennsylvania 16056, USA. Our telephone number is +1-724-352-4455. Reference to “Coherent,” the “Company,” “we,” “us,” or “our” in this Annual Report on Form 10-K, unless the context requires otherwise, refers to Coherent Corp. and its wholly owned subsidiaries.

Headquarters
Saxonburg, PA
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
June 30
Last results
Nov 4, 2026
Incorporated in
PA

Employees, at the top of the page: "As of June 30, 2026, the Company employed approximately 51,000 employees worldwide" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Aug 14, 2026 (open at SEC), compared with the 10-K filed Aug 15, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/COHR/export.csv") into a cell.