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Cohu COHU Semiconductor Test Inspection — Research And Development Expense

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Other financials

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

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Market cap$2.45B+179%
Enterprise value$2.57B+234%
P/S5.1×+2.9×

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×

Where this comes from

Reported directly by Cohu in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Cohu’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 6:06 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014308
(in thousands)Three Months Ended / March 28, 2026Three Months Ended / March 29, 2025
Net sales$125,119$96,797
Cost and expenses:
Cost of sales66,94054,155
Research and development25,41921,933
Selling14,70813,124
General & administrative14,85912,201
Amortization of purchased intangible assets7,3009,852
Stock-based compensation6,2766,230

Item 6. [Exhibits](#ex) [42](#ex)

FAQ

What is Cohu's semiconductor test inspection — research and development expense?
Cohu (COHU) reported semiconductor test inspection — research and development expense of $25.42M in Q1 2026.
How has Cohu's semiconductor test inspection — research and development expense changed year-over-year?
Cohu's semiconductor test inspection — research and development expense increased by 15.9% year-over-year, from $21.93M to $25.42M.
What is the long-term trend for Cohu's semiconductor test inspection — research and development expense?
Over 3 years (2022 to 2025), Cohu's semiconductor test inspection — research and development expense has grown at a -1.0% compound annual growth rate (CAGR), from $89.49M to $86.76M.
What does semiconductor test inspection — research and development expense mean?
This reflects the investment in engineering, design, and innovation for new semiconductor test technologies and product enhancements. It is a critical indicator of the company's commitment to maintaining technological leadership and long-term competitive advantage in the semiconductor equipment market.

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