COHR

COHERENT CORP.

Ticker: COHRHealthcareLab & Analytical InstrumentsS&P 500
HQ SAXONBURG, PACIK 820318FY end 06-30Book / share $58.35Shares 187M
Revenue (FY)
$7.12B+22.51%
Op. margin
10.87%+5.88%
Net income
$786.88M+2517.97%
Operating cash
$79.51M-87.45%
Free cash flow
$-1.02B-630.91%
Return on equity
8.27%+10.74%
Debt / equity
0.30-0.36%
Shares outstanding
186.9M+20.62%

The business

Coherent Corp. (COHR: NASDAQ) is a vertically integrated manufacturing company headquartered in Saxonburg, Pennsylvania, with a global footprint spanning manufacturing, research and development, and sales facilities across North America, Europe, and Asia-Pacific. The company's website is www.coherent.com.

Coherent develops, manufactures, and markets lasers, transceivers, optical and optoelectronic devices, modules, systems, and engineered materials for use in datacenter and communications applications as well as industrial markets. The company operates through two reportable segments: Datacenter & Communications and Industrial.

The Datacenter & Communications segment delivers differentiated components, modules, and subsystems leveraging compound semiconductor technology platforms. This segment produces transceivers, co-packaged optics, optical circuit switches, VCSELs, edge-emitting lasers, pump lasers, and other components for datacenter and communications applications. The segment addresses the rapid growth in AI and machine learning infrastructure, providing optical connectivity solutions supporting Ethernet, InfiniBand, NVIDIA NVLink, and other AI networking architectures.

The Industrial segment serves semiconductor and display capital equipment manufacturers, precision manufacturing customers, and instrumentation providers in life sciences and scientific research. This segment manufactures excimer lasers, solid-state lasers, CO2 lasers, laser systems, engineered materials, laser optics, thermoelectric components, and advanced ceramic and metal-matrix composite materials. Industrial applications include semiconductor inspection and processing, display manufacturing, medical device production, additive manufacturing, and scientific research instrumentation.

As of June 30, 2026, Coherent employed approximately 51,000 people globally, with roughly 47 percent women in the workforce. The company maintains approximately 44,582 employees in the Asia-Pacific region, 3,177 in Europe, and 3,719 in the Americas. Manufacturing represents 89 percent of the workforce, with research and development comprising 6 percent and sales, general and administrative functions comprising 5 percent.

Coherent's competitive advantages include vertical integration from materials through systems, deep technical expertise across photonics and semiconductor technologies, a broad portfolio of differentiated products, manufacturing scale capabilities, and a diverse global supply chain. The company holds approximately 3,160 issued patents and 1,280 pending patent applications globally.

Sector
Healthcare
Industry
Lab & Analytical Instruments
HQ
SAXONBURG, PA
FY end
06-30
CIK
820318
SIC
3827
Financial performance · annual
20122026
$-997.22M$1.22B$3.43B$5.64B$7.86B201220132014201520162017201820192020202120222023202420252026

Ownership

Who holds COHERENT CORP. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

947
funds hold it
0 of 35
superinvestors hold it
$28.38B
fund-held value
38.9%
of shares held by funds
1
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.11%$2.45B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.12%$2.00B
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.75%$1.67B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.12%$1.06B
State Street(R) SPDR(R) S&P 500(R) ETF Trust
SPY
0.12%$935.19M

Bonds held by funds

Funds report holding 1 issues of COHERENT CORP.'s debt, $341.15M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.00%, maturing 20292029.

IssueCouponMaturesFundsFund-held
Coherent Corp.5.000%2029-12-15147$341.15M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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