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Coherent COHR Contract Liabilities, Non-Current

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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$74.17B+320%
Enterprise value$75.37B+278%
P/E127.8×
P/S11.2×+8.2×

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 us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Coherent’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:10 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0000820318-26-000013

Payments received from customers are based on invoices or billing schedules as established in contracts with customers. Contract liabilities generally relate to payments received in advance of performance under the contract. Contract liabilities are recognized as revenue when the performance obligations have been satisfied. During the nine months ended March 31, 2026, we recognized revenue of $52 million related to customer payments that were included as contract liabilities in the Condensed Consolidated Balance Sheet as of June 30, 2025. We had $70 million of contract liabilities recorded in the Condensed Consolidated Balance Sheet as of March 31, 2026. As of March 31, 2026, $59 million of contract liabilities is included within Other accrued liabilities, and $11 million is included within Other liabilities on the Condensed Consolidated Balance Sheet.

Item 1. FINANCIAL STATEMENTS

FAQ

What is Coherent's contract liabilities, non-current?
Coherent (COHR) reported contract liabilities, non-current of $11M in Q1 2026.
How has Coherent's contract liabilities, non-current changed year-over-year?
Coherent's contract liabilities, non-current decreased by 0.0% year-over-year, from $11M to $11M.

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