Coherent, Inc. · COHR · Next earnings

Coherent, Inc. reports Wednesday, Feb 3, 2027

COHR reports after market close with consensus EPS at $2.23 and revenue at $2.54B. Last quarter: Coherent posts record FY26 revenue as optics capacity expands

Reports After market close90 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $2.23 Calendar consensus
Consensus revenue $2.54B Calendar consensus
Report date Feb 3, 2027 Wednesday, date estimated
Session After market close 90 days away

Where COHR left off: FY2026 Q4

Full report

Coherent posts record FY26 revenue as optics capacity expands

EPS surprise +7.4% Reported $1.74 vs $1.62
Revenue surprise +3.1% Reported $2.05B vs $1.98B
Stock move -8.0% Event window
Subsequent drift -6.7% Up to 20 sessions

Management maintained its outlook and provided Q1 FY27 guidance of $2.2-$2.4 billion revenue, 39.5%-41.5% non-GAAP gross margin, and $1.85-$2.05 EPS.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • A slower Indium Phosphide ramp could constrain supply and delay revenue.
  • Demand is heavily linked to AI data-center spending and may prove cyclical.
  • Import restrictions, CHIPS Act uncertainty, and Chinese competition could affect execution.
  • PhotonLink, CPO, multi-rail, and VCSEL launches carry execution risk.

Questions analysts left open

  • Execution and timing of the 6-inch Indium Phosphide capacity ramp.
  • Revenue timing for CPO lasers and new PhotonLink products.
  • Exposure to import restrictions and the ability to exceed 42% gross margin.

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Recent COHR quarters

All COHR earnings
-8.0%FY2026 Q4-7.4%FY2026 Q3+18.3%FY2026 Q1-19.6%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q4

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.