earnings
confidence high
sentiment positive
materiality 0.75
Coherent Q1 FY2026 revenue $1.58B (+17% YoY); GAAP EPS $1.19, non-GAAP EPS $1.16
COHERENT CORP.
2026-Q1 EPS reported
$1.19
revenue$1,581,378,000
- Revenue $1.58B, up 17% YoY; on pro forma basis up 19% adjusted for Aerospace & Defense sale.
- GAAP gross margin 36.6% (up 249 bps YoY); non-GAAP gross margin 38.7% (up 200 bps).
- GAAP EPS $1.19 (vs. -$0.04 YoY); non-GAAP EPS $1.16 (up $0.49 YoY).
- Paid down $400M of debt during quarter; refinanced debt to reduce interest expense.
- CEO cites strong AI-related datacenter and communications demand driving growth.