What is Coherent's capex?

Coherent (COHR) reported capex of $289.68M in Q1 2026.

How has Coherent's capex changed year-over-year?

Coherent's capex increased by 159.1% year-over-year, from $111.82M to $289.68M.

What is the long-term trend for Coherent's capex?

Over 4 years (2021 to 2025), Coherent's capex has grown at a 31.7% compound annual growth rate (CAGR), from $146.34M to $440.84M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Coherent COHR CapEx

CapEx at other companies

Lightpath TechnologiesLPTH

$899.49K+114%

WolfspeedWOLF

$30M-92.5%

Viavi Solutions Inc.VIAV

$5.9M-13.2%

MKS InstrumentsMKSI

$25M+38.9%

NovantaNOVT

$4.14M-3.4%

MaterionMTRN

$15.29M+24.1%

Other financials

Income statement

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Revenue$1.8B+20.5%

Gross profit$679.9M+28.9%

Net income$191.4M+1,118%

EPS (diluted)$0.97+982%

Balance sheet

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Cash & equivalents$2.2B+36.9%

Total debt$3.4B-13.2%

Total equity$10.7B+99.5%

Total assets$17.3B+19.7%

Cash flow

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Operating cash flow$57.9M-69.1%

Free cash flow-$383.5M-850%

Valuation

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Market cap$79.67B+531%

Enterprise value$80.87B+441%

P/E137.3×—

P/S12.1×+9.8×

Profitability

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Gross margin36.8%+2.3pp

Net margin1.7%+1.0pp

FCF margin-8.1%-12.7pp

Returns & leverage

See full

Return on equity1.8%+1.0pp

Debt / equity0.3×-0.4×

Current ratio3×+0.6×

Where this comes from

Reported directly by Coherent in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Coherent’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coherent's capex?: Coherent (COHR) reported capex of $289.68M in Q1 2026.
How has Coherent's capex changed year-over-year?: Coherent's capex increased by 159.1% year-over-year, from $111.82M to $289.68M.
What is the long-term trend for Coherent's capex?: Over 4 years (2021 to 2025), Coherent's capex has grown at a 31.7% compound annual growth rate (CAGR), from $146.34M to $440.84M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.