Coherent reports Q1 fiscal 2026 revenue of $1.58 billion, up 17% year over year
Coherent Corp. reported first quarter fiscal 2026 revenue of $1.58 billion, up 17% from a year earlier, with GAAP diluted EPS of $1.19 versus a loss of $0.04 a year earlier. The company also gave second quarter revenue guidance of $1.56 billion to $1.70 billion and non-GAAP EPS guidance of $1.10 to $1.30, and it closed the sale of its Aerospace and Defense business.
Key points
- Q1 revenue $1.58 billion, up 17.3% year over year; 19% on a pro forma basis, adjusted for the Aerospace and Defense sale
- Q1 GAAP diluted EPS $1.19 versus $(0.04) a year earlier; non-GAAP diluted EPS $1.16, up from $0.67
- Q2 fiscal 2026 guidance: revenue $1.56 billion to $1.70 billion; non-GAAP EPS $1.10 to $1.30
- Paid down $400 million of debt in the quarter and refinanced its debt; Q1 GAAP net earnings include a $115.2 million gain on the business sale
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.