Highest-materiality recent filing
Coherent grants $100M in performance stock units to CEO and top executives
CEO James Anderson receives $50M target PSUs; CFO Sherri Luther, CTO Julie Eng, CSO Rob Beard each $15M; Chief Supply Chain Officer Jeffrey Place $5M.
Coherent Q4 FY26 revenue $2.05B, up 34% Y/Y; non-GAAP EPS $1.74 beats
Q4 revenue $2,046M, +33.8% Y/Y; FY26 revenue $7,118M, +22.5% Y/Y.
Coherent Q3 FY2026 revenue $1.81B (+21% YoY); GAAP EPS $0.97, non-GAAP $1.41
Revenue $1.81B +21% YoY (+27% pro forma); GAAP gross margin 37.7% (+243 bps).
NVIDIA invests $2B in Coherent; multi-year optics supply pact for AI data centers
NVIDIA buys 7.79M Coherent shares at $256.80/share via private placement, totaling $2B.
Coherent Q2 FY26 revenue $1.69B, +17% YoY; GAAP EPS $0.76 vs $0.44 YoY; non-GAAP EPS $1.29
Revenue $1.686B, up 17% YoY; GAAP gross margin 36.9% (up 145 bps YoY).
Coherent enters waiver with Bain Capital, eliminating Series B preferred dividends
Waiver Agreement on Nov 20, 2025: Bain Capital irrevocably waived all dividend rights on Series B Preferred Stock.
Coherent Q1 FY2026 revenue $1.58B (+17% YoY); GAAP EPS $1.19, non-GAAP EPS $1.16
Revenue $1.58B, up 17% YoY; on pro forma basis up 19% adjusted for Aerospace & Defense sale.
Coherent refinances debt: $700M revolver, $1.25B term A, $1.08B term B-3 loans
Amendment No. 4 adds $700M revolving facility and $1.25B term A loans; proceeds repay existing term A loans and partially prepay term B-2 loans.
Coherent reports record FY25 revenue of $5.81B, up 23% YoY; non-GAAP EPS $3.53 vs $1.21
Q4 revenue record $1.529B, non-GAAP EPS $1.00; GAAP loss per share $0.83.
Coherent guides FY25 revenue growth >22% and EPS up 2.8X YoY at Investor Day
CEO Jim Anderson stated FY25 revenue expected to grow over 22% and EPS to increase by 2.8X year-over-year.
Coherent Q3 FY2025 revenue $1.50B (+24% y/y); Non-GAAP EPS $0.91 vs $0.38 y/y
Revenue $1.50B, up 24% y/y; GAAP gross margin 35.2% (+491 bps YoY), Non-GAAP gross margin 38.5% (+490 bps).
Coherent Q2 revenue $1.43B (+27% YoY), GAAP EPS $0.44, Non-GAAP EPS $0.95
Revenue $1.43B, up 27% YoY; record quarter driven by AI datacenter and telecom growth.
Coherent refinances $2.23B term loans, cuts interest rate margin by 50 bps
Entered Amendment No. 3 to Credit Agreement, replacing $2.23B of Term B-1 loans with new Term B-2 loans.
Coherent Q1 FY25 revenue $1.35B (+28% YoY); non-GAAP EPS $0.74 (+357% YoY)
Revenue $1.35B, up 28% YoY and 2.6% QoQ, driven by AI-related Datacom transceivers.
Coherent appoints Sherri Luther as CFO effective Oct. 11, 2024
Sherri Luther appointed CFO and Treasurer, replacing interim CFO Rich Martucci; Martucci stays in non-executive role.
Coherent Q4 FY2024 revenue $1.314B (+9.1% YoY); non-GAAP EPS $0.61 (+49% YoY)
Q4 non-GAAP EPS $0.61 (up from $0.41 YoY); GAAP EPS $(0.52) (improved from $(1.54)).
Coherent grants 147k RSUs and 694k target PSUs to new CEO James Anderson
RSUs cover 147,214 shares vesting in three equal annual installments starting June 3, 2025.
Coherent appoints James Anderson as CEO, succeeding Vincent Mattera
James Anderson named CEO effective June 3, 2024; joins board as Class One director.
Coherent Corp. reports Q3 FY2024 earnings; results posted on website ahead of May 7 call
Q3 FY2024 results posted as a shareholder letter on coherent.com/company/investor-relations.
Coherent refinances $2.44B term loans, reduces interest rate margin by 25 bps
Refinanced $2.436B aggregate principal of Term B loans with new Term B-1 loans at lower interest rates.
Coherent closes $1B sale of 25% stake in silicon carbide business to DENSO and Mitsubishi Electric
DENSO and Mitsubishi Electric each invested $500M for a 12.5% non-controlling interest; Coherent retains 75%.
Denso and Mitsubishi Electric each invest $500M for a 12.5% non-controlling stake in Coherent's silicon carbide subsidiary; Coherent retains 75%.
Coherent CFO Raymond steps down Sep 29; Martucci named interim CFO, transition through Apr 2024
CFO Mary Jane Raymond last day Sep 29, 2023; stays as non-executive employee through Apr 1, 2024 for transition.
Coherent Corp Q4 GAAP loss $178.2M ($1.54/sh); non-GAAP EPS $0.41
Q4 FY2023 revenue $1.205B, up 36% YoY; FY2023 revenue $5.16B, up 56% from $3.32B.
All Series A Preferred shares convert automatically on July 3, 2023 at 4.4523 common shares per preferred share.
Coherent approves $150-200M restructuring plan; announces SiC substrate MOU with Mitsubishi Electric
Restructuring plan includes site consolidations and facilities closures; expects $150M-$200M pre-tax charges, with $75M-$100M cash severance and $75M-$100M non-cash impairment losses.
Coherent Q3 revenue $1.24B, GAAP EPS $(0.24); plans restructuring, reviews SiC options
Revenue $1.24B (+50% YoY, organic +6%); non-GAAP EPS $0.58 vs $0.95 prior year.
Giovanni Barbarossa notified Coherent Corp. (the “Company”) of his intention to transition from his role as the Company’s Chief Strategy Officer, effective as of the Transition Date, and retire in September 2026.
announced that Ronald Basso’s service as an executive officer of the Company in the role of Chief Legal Officer ended simultaneously with the appointment of Rob Beard as the Company’s Chief Legal and Global Affairs Officer, all effective on October 21, 2024.
announced that Ronald Basso’s service as an executive officer of the Company in the role of Chief Legal Officer ended simultaneously with the appointment of Rob Beard as the Company’s Chief Legal and Global Affairs Officer, all effective on October 21, 2024.
Coherent Corp. (the “Company”) awarded restricted stock units (“RSUs”) and performance stock units (“PSUs”) to its new Chief Financial Officer and Treasurer, Sherri R. Luther, effective on her start date, October 11, 2024.
appointed Sherri R. Luther as the Company’s Chief Financial Officer (“CFO”) and Treasurer, effective October 11, 2024
Mr. Martucci will remain with the Company in a non-executive officer role.
the Board of Directors of Coherent Corp. (the “Company”) appointed James R. Anderson, the Company’s Chief Executive Officer, to also serve as the Company’s President, effective September 1, 2024
replacing Walter R. Bashaw II who, as previously announced, will resign from the Company as of September 6, 2024
On August 5, 2024, Coherent Corp. (the “Company”) and Walter R. Bashaw II, the Company’s President, agreed that he will be resigning effective September 6, 2024.
Coherent Corp. (the “Company”) made awards of restricted stock units (“RSU”) and performance stock units (“PSUs”) to its new Chief Executive Officer, James R. Anderson, effective on his start date, June 3, 2024.
On June 3, 2024, the Company announced the appointment of James R. Anderson as CEO of the Company, effective June 3, 2024
In compliance with his CEO Succession and Retirement Agreement dated February 17, 2024, Dr. Mattera resigned as a Class One member of the Board immediately before the Start Date
Max materiality 0.90 · Median 0.60 · Most common event earnings