Coherent, Inc. (COHR) — Financial statements
Income statement, balance sheet, and cash flow for Coherent, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,810↑23.4% | 4,708↓8.8% | 5,160↑55.6% | 3,317↑6.8% | 3,106 | |
| Cost of Revenue | 3,753↑15.4% | 3,252↓3.7% | 3,376↑64.6% | 2,051↑6.4% | 1,928 | |
| Gross Profit | 2,057↑41.3% | 1,456↓18.4% | 1,784↑41.0% | 1,265↑7.5% | 1,177 | |
| Operating Expenses | ||||||
| R&D Expenses | 582↑21.5% | 479↓4.2% | 500↑32.5% | 377↑14.2% | 330 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00↓100.0% | 474 | 0.00 | |
| Other Expenses | 926↑8.5% | 854↓15.0% | 1,005 | 0.00↓100.0% | 445 | |
| Operating Expenses | 1,508↑13.2% | 1,333↓11.4% | 1,504↑76.7% | 851↑9.8% | 775 | |
| Total Costs & Expenses | 5,261↑14.8% | 4,585↓6.1% | 4,880↑68.1% | 2,902↑7.3% | 2,704 | |
| Operating Results | ||||||
| Operating Income | 549↑345.7% | 123↓56.0% | 280↓32.4% | 414↑3.0% | 402 | |
| Depreciation & Amortization | 554↓1.1% | 560↓17.9% | 682↑137.7% | 287↑6.2% | 270 | |
| EBITDA | 1,106↑61.9% | 683↓29.0% | 962↑39.4% | 690↑2.6% | 672 | |
| EBIT | 552↑348.1% | 123↓56.0% | 280↓30.5% | 403↑0.2% | 402 | |
| Interest & Other Income | ||||||
| Net Interest Income | -243↑15.7% | -288↓0.6% | -287↓136.6% | -121↓102.4% | -60 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 243↓15.7% | 288↑0.6% | 287↑136.6% | 121↑102.4% | 60 | |
| Non-Operating Income | -3 | 0.00 | 0.00↓100.0% | 11 | 0.00 | |
| Other Income / Expenses | -455↓67.9% | -271↑57.4% | -636↓379.7% | -132↓167.5% | -50 | |
| Income Before Tax | 94↑163.8% | -148↑58.5% | -356↓226.2% | 282↓20.1% | 353 | |
| Income Tax Expense | 64↑476.8% | 11↑111.6% | -96↓304.3% | 47↓14.5% | 55 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 30↑118.9% | -159↑38.8% | -259↓210.5% | 235↓21.1% | 298 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 49↑131.6% | -156↑39.8% | -259↓210.5% | 235↓21.1% | 298 | |
| Bottom-Line Net Income | -81↑71.2% | -280↑30.8% | -404↓339.2% | 169↓35.2% | 260 | |
| EPS (Basic) | -0.52↑71.7% | -1.84↑37.2% | -2.93↓286.6% | 1.57↓37.2% | 2.50 | |
| EPS (Diluted) | -0.52↑71.7% | -1.84↑37.2% | -2.93↓302.1% | 1.45↓38.8% | 2.37 | |
| Weighted Average Shares | 155↑2.1% | 152↑10.2% | 138↑29.6% | 106↓3.3% | 110 | |
| Weighted Average Diluted Shares | 155↑2.1% | 152↑10.2% | 138↑18.1% | 117↑1.3% | 115 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.