COHR Q1 2026 Earnings
Reported Nov 5, 2025 at 4:11 PM ET · SEC Source
Q1 26 EPS
$1.16
BEAT +11.27%
Est. $1.04
Q1 26 Revenue
$1.58B
BEAT +2.97%
Est. $1.54B
vs S&P Since Q1 26
+112.1%
BEATING MARKET
COHR +119.7% vs S&P +7.5%
Market Reaction
Did COHR Beat Earnings? Q1 2026 Results
Coherent Corp. Posted a convincing beat across the board in its fiscal first quarter of 2026, with earnings per share of $1.16 topping the $1.04 consensus by 11.27% and revenue of $1.58 billion coming in 2.97% ahead of the $1.54 billion Wall Street h… Read more Coherent Corp. Posted a convincing beat across the board in its fiscal first quarter of 2026, with earnings per share of $1.16 topping the $1.04 consensus by 11.27% and revenue of $1.58 billion coming in 2.97% ahead of the $1.54 billion Wall Street had anticipated heading into the report. The top line grew 17.3% year over year, powered overwhelmingly by AI-driven datacenter demand, the Datacenter & Communications segment alone generated $1.09 billion, up 26% year over year and accounting for 69% of total revenue. Margin discipline added to the story: non-GAAP gross margin expanded to 38.7% and non-GAAP operating margin reached 19.5%, up from 16.1% a year ago, reflecting favorable product mix and operating leverage. The completed sale of the Aerospace & Defense business, which generated a $115.20 million GAAP gain and funded $400 million in debt repayment, further sharpened the company's focus. Looking ahead, management guided Q2 revenue of $1.56 to $1.70 billion and non-GAAP EPS of $1.10 to $1.30, with CEO Jim Anderson expressing confidence in continued growth fueled by expanding datacenter infrastructure investment.
Key Takeaways
- • Strong demand from AI-related datacenters and communications
- • Datacenter & Communications segment revenue growth of 26% Y/Y
- • Non-GAAP gross margin expansion of 200 bps Y/Y to 38.7%
- • Non-GAAP operating margin expansion to 19.5% from 16.1% Y/Y
- • Gain on sale of Aerospace & Defense business of $115.2 million
COHR YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
COHR Revenue by Segment
With YoY comparisons, source: SEC Filings
COHR Revenue by Geography
Regional revenue distribution
“Revenue growth of 19% year-over-year in the September quarter on a pro forma basis was driven by strong demand from AI-related datacenters and communications. We expect continued strong growth throughout this fiscal year based on increasing datacenter and communications demand along with our continued production capacity expansion.”
— Jim Anderson, Q1 2026 Earnings Press Release
COHR Earnings Trends
COHR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
COHR EPS Trend
Earnings per share: estimate vs actual
COHR Revenue Trend
Quarterly revenue: estimate vs actual
COHR Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $1.21 | $1.29 | +6.96% | $1.69B | +2.74% |
| Q1 26 BEAT | $1.04 | $1.16 | +11.27% | $1.58B | +2.97% |
| Q4 25 BEAT FY | $0.92 | $1.00 | +8.70% | $1.53B | — |
| FY Full Year | $4.57 | $3.53 | -22.73% | $5.81B | +0.30% |
| Q3 25 BEAT | $0.86 | $0.91 | +6.23% | $1.50B | +3.97% |