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COHR · Computers & gadgets · U.S.

Coherent

Makes lasers and fiber-optic parts used in data centers.

Company Health

38
/100
Weak
A quick check of the business from its yearly reports (2023–2026). It doesn’t say whether the stock is a good buy.
Does it make money?
18 of 25 · Good
$11 of every $100 in sales was left as profit last year.
Is it growing?
20 of 25 · Good
Sales grew about 11% a year over the last 3 years.
Can it handle what it owes?
0 of 25 · Poor
It would take about 74 years of the cash its business brings in to pay off everything it owes.
Does it bring in spare cash?
0 of 25 · Poor
It spent more cash than it brought in: $14 of every $100 in sales.

Who owns it

1 of 23 own it · 1 bought more lately
bought lately
owns it
doesn’t own it
Didn’t report owning it: Appaloosa, Melqart, Coatue, D1 Capital, Light Street, Lone Pine, Third Point, TCI, Pershing Square, Duquesne, Himalaya Capital, Greenlight, Giverny Capital, Fundsmith, Semper Augustus, Akre
Their letters don’t mention it: Arquitos, Laughing Water, Alluvial, Bireme, Kingdom Capital, Saga Partners
From each fund’s latest 13F report (Jun 30, 2026). Funds that don’t file one: from their own letters.

The numbers

From Coherent’s yearly reports. Tap a year to see its figures.

Sales and profit

Sales grew from $3.11 billion in the year to Jun 2021 to $7.12 billion in the year to Jun 2026, and it made a profit in 4 of the 6 years.
FY2026
Sales
$7.12 billion
Profit
$805 million

Spare cash each year

It had cash to spare in 5 of the 6 years, but in the year to Jun 2026 it spent $1.02 billion more than it brought in.
FY2026
Cash shortfall
$1.02 billion
Spare cash is the cash its business brought in, minus what it spent on buildings and equipment.

What it owns and what it owes

At the end of Jun 2026 it owned $18.3 billion, including $1.16 billion in cash, and owed $7.06 billion.

Key facts

From its yearly report for the year to Jun 2026.
Sales
$7.12 billion
Profit
$805 million
Cash shortfall
$1.02 billion
Cash in the bank
$1.16 billion
Everything it owes
$7.06 billion
Year ends
June
Money shown in
U.S. dollars
Latest yearly report
10-K, filed Aug 14, 2026
Figures from Coherent’s yearly reports to the SEC (EDGAR), collected Oct 12, 2026.
Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works
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