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Cohu

COHU

Cohu is a global provider of semiconductor manufacturing equipment and services focused on optimizing yield and productivity.

Market cap
$2.26B+156%
Revenue$481.3M+23.1%
Net income-$55.5M+35.4%
Free cash flow$40.2M+191%
EPS (diluted)-$1.19+35.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$144.2M
EPS estimate$0.14

Financials

Q1 2026

Income statement

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Revenue$125.1M+29.3%
Gross profit$57.9M+36.8%
Operating income-$11.2M+59.2%
Net income-$12.1M+60.8%
EPS (diluted)-$0.26+60.6%

Balance sheet

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Cash & equivalents$210.9M+38.9%
Total debt$328.9M+974%
Total equity$769.0M-7.1%
Total assets$1.2B+26.6%

Cash flow

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Operating cash flow$10.3M+201%
CapEx$2.0M-81.5%
Free cash flow$8.3M+139%

Valuation & ratios

Valuation

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Market cap$2.26B+156%
Enterprise value$2.37B+198%
P/S4.7×+2.4×

Profitability

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Gross margin43.5%-0.9pp
Operating margin-11.1%-3.5pp
Net margin-11.5%-3.7pp
FCF margin8.3%

Returns & leverage

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Return on equity-7%-1.6pp
Debt / equity0.4×+0.4×
Current ratio6.4×+1.2×

Segments

By product

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Nonsystems$75.7M+23.7%
Systems$49.4M+38.7%

By segment

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Semiconductor Test Inspection$125.1M

Competitors

Profile

Cohu is a global provider of semiconductor manufacturing equipment and services focused on optimizing yield and productivity. The company delivers a broad portfolio of test automation, interface solutions, and inspection systems that support the production of semiconductors for automotive, AI, computing, and mobile markets. Its value proposition centers on accelerating time-to-market and reducing the cost of test through high-precision hardware and AI-driven software analytics.

Competitive position

A leading global supplier of semiconductor test automation and interface solutions with a significant installed base of over 25,000 systems.

GeographiesUnited States, Malaysia, Philippines, Singapore, Japan, Germany, China
Customer segmentsAutomotive, Industrial, Mobile, Consumer Electronics, High-Performance Computing
Business modelManufacturing, Recurring Revenue, Software-as-a-Service, Professional Services
SuppliersPrecision component suppliers, Contract manufacturing partners, Raw material providers for probe pins and contactors
CustomersSTMicroelectronics, Global IDMs, OSAT providers, Automotive electronics manufacturers
Listed1972
Employees3.3K
CEOLuis Antonio Müller
Websitecohu.com
FilingsSEC EDGAR

Questions, answered.

What is Cohu's market cap?
Cohu (COHU) has a market capitalization of $2.3B and trades on NASDAQ.
What is Cohu's revenue and profitability?
Cohu generated $481.3M in trailing twelve-month revenue with a net loss of $55.5M, representing a net margin of -11.5%. Gross margin stands at 43.5%, with free cash flow of $40.2M. These figures are based on the Q1 2026 filing.
Who are Cohu's competitors?
Cohu's key competitors include Teradyne, KLA Corporation, Ralliant Corporation, and others. These companies compete in similar markets and product categories.
Who does Cohu partner with?
Cohu's notable partners include Jabil, Inc..
What subsidiaries does Cohu have?
Cohu's subsidiaries include Rasco GmbH, Delta Design, Xcerra.
Where is Cohu headquartered?
Cohu is headquartered in United States of America and employs approximately 3,259 people. It has been publicly traded since 1972.