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Coherent COHR Depreciation

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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$55.25B+241%
Enterprise value$56.45B+205%
P/E95.2×
P/S8.4×+5.6×

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 us-gaap:Depreciation.

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 depreciation?
Coherent (COHR) reported depreciation of $62.41M in Q1 2026.
How has Coherent's depreciation changed year-over-year?
Coherent's depreciation increased by 5.1% year-over-year, from $59.41M to $62.41M.
What is the long-term trend for Coherent's depreciation?
Over 3 years (2022 to 2025), Coherent's depreciation has grown at a 6.6% compound annual growth rate (CAGR), from $207.13M to $250.81M.
What does depreciation mean?
Depreciation is a non-cash accounting expense that allocates the cost of tangible fixed assets over their useful lives. It is added back to net income in the cash flow statement because it does not represent an actual cash outflow during the period.