Coherent, Inc. — Fundamental Stock Analysis and Report Card
Located in Saxonburg, PA, US. Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.
Revenue, earnings and profitability.
Strong revenue growth and earnings can attract investors, driving the stock price up. Profitability indicates the company's efficiency and sustainability, which impacts investor confidence. Poor performance in these areas can lead to a decrease in stock price.
Revenue History
Earnings History
Margins
Income & Cash Flow analysis.
An income statement shows what a company earned and spent over a period — revenue at the top, costs and expenses in between, and net income at the bottom. A cash flow statement tracks the actual cash moving in and out, across operations, investing, and financing. Read together, they show whether reported earnings are backed by real cash.
Q3 2026 Total ($) | Q3 2026 Margin (%) | |
|---|---|---|
| Revenue | 1.8b +307.7m +20.5% | |
| Gross Income | 679.9m +152.2m +28.8% | 38% +2.4pp +6.9% |
| EBITDA | 184.3m -29.4m -13.8% | 10% -4.1pp -28.5% |
| Operating Income | 148.6m +3.1m +2.1% | 8% -1.5pp -15.3% |
| Net Income | 191.3m +175.6m +1.1k% | 11% +9.5pp +910.1% |
| Earnings Per Share | 1.01 +1.1 +1.0k% | |
| Operating Cash Flow | -93.8m -256.8m -157.6% | -5% -16.1pp -147.7% |
| Free Cash Flow | -383.5m -434.6m -849.9% | -21% -24.7pp -722.1% |
| Research & Development | 186.0m +35.3m +23.4% | 10% +0.2pp +2.4% |
What are the analysts saying?
Analyst Consensus aggregates Wall Street recommendations into buy/hold/sell counts, while the Fundamental Scorecard grades the company on six financial ratios (P/B, P/E, D/E, ROA, ROE, DCF) plus an overall score. The two measure different things and can point in different directions.