Every material Form 8-K Coherent filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
Coherent amended its credit agreement on September 26, 2025, refinancing its revolving credit commitments and replacing its existing term A loans with a new $1.25 billion incremental term A loan. A separate amendment replaced its term B-2 loans with $1,080,000,000 of new term B-3 loans at a 1.75% margin for term benchmark loans. The filing describes the debt as refinanced and extended, with maturities generally set for September 26, 2030, which affects the company's debt structure and borrowing costs for shareholders.
Total revolving credit facility increased to $700 million, with the revolver and new term A loans maturing on the earlier of September 26, 2030 or a springing maturity date
$1.25 billion in new incremental term A loans used to repay existing term A loans and make a voluntary prepayment of part of the term B-2 loans
Term B-3 loans of $1,080,000,000 replaced the outstanding term B-2 loans, with a 1.75% margin for term benchmark loans and a 0.50% floor
Financial covenant reset to a maximum total net leverage ratio of 4.25 to 1.00, with a temporary step-up to 4.75 to 1.00 after a material acquisition
Coherent Corp. reported fiscal fourth-quarter and full-year 2025 results for the period ended June 30, 2025. Full-year revenue rose 23% to $5.81 billion, and the GAAP loss per share narrowed to $0.52 from $1.84 a year earlier, but the fourth-quarter GAAP loss of $0.83 per share was wider than the $0.11 loss in the prior quarter. The company also expects the sale of its Aerospace and Defense business to close in the first quarter of fiscal 2026.
Full-year fiscal 2025 revenue of $5.81 billion, up 23.4% from $4.71 billion; fourth-quarter revenue a record $1.53 billion
Full-year GAAP loss of $0.52 per diluted share, improved $1.32; non-GAAP diluted EPS of $3.53, improved $2.32
First quarter fiscal 2026 outlook: revenue of $1.46 billion to $1.60 billion and non-GAAP EPS of $0.93 to $1.13
Coherent Corp. reported fiscal third-quarter 2025 results for the quarter ended March 31, 2025, with revenue of $1.50 billion, up 24% from a year earlier. GAAP results remained a loss of $0.11 per diluted share, though that was an improvement from a loss of $0.29 a year earlier, and the quarter included $73.8 million in restructuring charges. The company also issued fourth-quarter fiscal 2025 guidance, which shareholders can compare with these results.
Q3 revenue was $1.50 billion, up 23.9% year over year, with networking revenue of $897.3 million.
GAAP diluted loss per share was $(0.11), compared with $(0.29) in the year-ago quarter; non-GAAP diluted EPS was $0.91, compared with $0.38.
Restructuring charges were $73.8 million in the quarter, compared with $8.0 million in the prior quarter.
Fourth-quarter fiscal 2025 guidance calls for revenue of $1.425 billion to $1.575 billion and non-GAAP EPS of $0.81 to $1.01.
Coherent Corp. reported fiscal second-quarter 2025 results for the quarter ended December 31, 2024, with revenue of $1.43 billion, up 27% from a year earlier, and GAAP diluted earnings of $0.44 per share, compared with a loss of $0.38 per share in the prior-year quarter. The company also gave third-quarter fiscal 2025 revenue guidance of $1.39 billion to $1.48 billion and non-GAAP EPS guidance of $0.75 to $0.95, and said it paid down $132 million of debt.
Q2 revenue was $1.43 billion, up 26.8% year over year and 6.4% sequentially from $1.35 billion.
GAAP diluted EPS was $0.44; non-GAAP diluted EPS was $0.95, versus $0.27 a year earlier.
Q3 fiscal 2025 guidance: revenue of $1.39 billion to $1.48 billion; non-GAAP gross margin of 37% to 39%; non-GAAP EPS of $0.75 to $0.95.
The CFO said the company paid down $132 million of outstanding debt in the quarter.
Coherent Corp. entered into Amendment No. 3 to its Credit Agreement on January 2, 2025, replacing $2,232,357,812.50 in existing term B loans with new term loans of the same amount. The new loans carry a lower interest rate margin, reduced from 2.50% to 2.00% for term benchmark loans, with maturities unchanged, which may lower the company's borrowing costs.
Principal amount of term B loans replaced: $2,232,357,812.50, on an equal-amount basis
Term benchmark loan margin cut from 2.50% to 2.00%; base rate loan margin cut from 1.50% to 1.00%
Term benchmark floor set at 0.50%
Maturities of new term B loans, revolving credit facility and term A loan remain unchanged
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Coherent filing is on SEC EDGAR ↗. 8-K briefs of other companies →