Coherent Initiation 2026

Company Analysis

Coherent Corp. makes the lasers, optical transceivers and materials that connect AI data centres. In the year to 30 June 2026 revenue was $7,118.2 million, up 22.5%, and net earnings attributable to the company a record $805.0 million, but operating cash flow was only $79.5 million as inventories absorbed $1,183.0 million and capital expenditure reached $1,102.9 million. This is a full institutional-grade equity research report on Coherent Corp. (NYSE: COHR), the former II-VI Incorporated, built from SEC XBRL company facts, the FY2026 Form 10-K, every quarterly release from FY1Q23 to FY4Q26 and the key 8-Ks, into eight chapters and 79 rebuilt charts, starting from first principles for readers new to optics.

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