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Coherent COHR Lasers — SG&A

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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%
CapEx$289.7M+159%
Free cash flow-$383.5M-850%

Valuation

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Market cap$63.61B+260%
Enterprise value$64.81B+225%
P/E109.6×
P/S9.6×+6.6×

Profitability

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Gross margin36.8%+2.3pp
Net margin1.7%+1.0pp
FCF margin-8.1%-12.7pp

Returns & leverage

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Return on equity1.8%+1.0pp
Debt / equity0.3×-0.4×
Current ratio+0.6×

Where this comes from

Reported directly by Coherent in its filing.

Tagged under the XBRL concept iivi:SellingGeneralAndAdministrativeExpenseAdjusted.

The source filing: Coherent’s 10-K, filed August 15, 2025.

Filed
Aug 15, 2025
Fiscal year
FY2025
Accession
0000820318-25-000014
2025NetworkingMaterialsLasersUnallocatedTotal
Less:
Cost of goods sold (1)2,507,154856,668836,592(614,376)3,586,038
Research and development (1)247,072177,822120,045544,939
Selling, general and administrative (1)81,993112,240170,190364,423
Segment profit$643,522$354,714$316,4791,314,715
Unallocated Corporate expenses
Corporate and centralized function costs (2)(277,771)
Share-based compensation(160,972)

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Coherent's lasers — SG&A?
Coherent (COHR) reported lasers — SG&A of $42.55M in Q2 2025.
How has Coherent's lasers — SG&A changed year-over-year?
Coherent's lasers — SG&A decreased by 18.9% year-over-year, from $52.48M to $42.55M.
What is the long-term trend for Coherent's lasers — SG&A?
Over 2 years (2023 to 2025), Coherent's lasers — SG&A has grown at a -10.1% compound annual growth rate (CAGR), from $210.61M to $170.19M.
What does lasers — SG&A mean?
Covers the overhead costs for the Lasers segment, including sales commissions, marketing, and administrative support functions. It measures the operational efficiency of the segment's support structure relative to its revenue generation.

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