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Coherent COHR Free cash flow margin

Free cash flow margin at other companies

MKS Instruments logo
MKS InstrumentsMKSI
9.9%-3.4pp
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
4.2%
GLW
CorningGLW
9.2%+1.3pp
Ciena logo
CienaCIEN
15%
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
34.2%+12.2pp
Broadcom Inc. logo
Broadcom Inc.AVGO
43.4%+3.6pp

Other financials

Income statement

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Revenue$1.8B+20.5%
Gross profit$679.9M+28.8%
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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CapEx$289.7M+159%
Free cash flow-$383.5M-850%

Valuation

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Market cap$74.12B+344%
Enterprise value$75.32B+270%
P/E127.8×
P/S11.2×+8.2×

Profitability

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Gross margin36.8%+2.3pp
Net margin1.7%+1.0pp

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

Calculated from Coherent’s reported figures.

Based on trailing twelve months.

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 free cash flow margin?
Coherent (COHR) reported free cash flow margin of -8.1% in Q1 2026.
How has Coherent's free cash flow margin changed year-over-year?
Coherent's free cash flow margin decreased by 277.7% year-over-year, from 4.6% to -8.1%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.