Coherent Reports Strong Fiscal 2026 Earnings with Revenue Growth and Margin Expansion
Coherent (COHR) reported strong fiscal 2026 results driven by robust demand in data center and communications markets. The company achieved $7.12 billion in revenue, a 28% pro forma increase year-over-year, supported largely by the transition from copper to optical connectivity for AI applications. Non-GAAP earnings per share rose 59% to $5.61. In Q4 alone, Coherent generated $2.05 billion in revenue, up 42% on a pro forma basis year-over-year. The data center and communications segment accounted for the majority of sales at $1.62 billion (79%). Gross margin improved to 40.2%, reflecting cost reductions and manufacturing efficiency gains. Looking ahead, Coherent provided Q1 guidance with revenue expected between $2.2 billion and $2.4 billion and non-GAAP EPS projected in the range of $1.85–$2.05. The company is investing heavily to expand capacity for high-speed transceivers like 800G and 1.6T, which are central to its long-term growth strategy.
Tickers: $COHR
Topics: data_center_growth financial_performance non-gaap_eps revenue