NYSE$COHR
Coherent Corp · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Coherent's financial performance showed year-over-year growth, driven by AI-related Datacom transceivers and margin expansion.
Coherent Corp. reported its Q1 fiscal year 2025 results, with revenue of $1.35 billion, a 28% increase year-over-year. GAAP EPS was reported at ($0.04), improved by 94% year-over-year, and non-GAAP EPS was $0.74, a 357% increase year-over-year. The company also paid down $118 million of its outstanding debt.
- Q1 revenue reached $1.35 billion, reflecting a 28% increase year-over-year.
- GAAP gross margin was 34.1%, a 499 bps increase year-over-year; non-GAAP gross margin was 37.7%, a 293 bps increase year-over-year.
- GAAP EPS was ($0.04), a 94% improvement year-over-year; non-GAAP EPS was $0.74, a 357% improvement year-over-year.
- The company highlighted strong EPS growth, cash generation, and debt reduction during the quarter.
Headline financials
Revenue & EPS history
Coherent · Revenue · Quarterly
$1.35B
Forward guidance
Coherent expects revenue between $1.33 billion and $1.41 billion, a non-GAAP gross margin between 36% and 38%, non-GAAP operating expenses between $275 million and $295 million, a non-GAAP tax rate between 19% and 22%, and non-GAAP EPS between $0.61 and $0.77 for the second quarter of fiscal year 2025.
Tailwinds
- Revenue for Q2 fiscal 2025 is expected to be between $1.33 billion and $1.41 billion.
- Gross margin percentage for Q2 fiscal 2025 is expected to be between 36% and 38% on a non-GAAP basis.
- Total operating expenses for Q2 fiscal 2025 are expected to be between $275 million and $295 million on a non-GAAP basis.
- Tax rate for Q2 fiscal 2025 is expected to be between 19% and 22% on a non-GAAP basis.
- EPS for Q2 fiscal 2025 is expected to be between $0.61 and $0.77 on a non-GAAP basis.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
+1.1%
Avg return
Earnings day
+2.5%
Avg return
5 days after
+2.4%
Avg return
30 days after
54%
36 / 67 earnings
Positive
+18.1%
Q1 2026
Best reaction
-30.7%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -7.8% | +8.5% | +9.3% | |
| Q2 2026 | -0.8% | +8.2% | +11.7% | |
| Q1 2026 | +18.1% | +17.4% | +35.0% | |
| Q3 2025 | +1.5% | +13.3% | +14.5% | |
| Q2 2025 | +11.5% | -2.9% | -26.1% | |
| Q1 2025 | +17.0% | +11.9% | +18.9% | |
| Q4 2024 | +14.4% | +17.3% | +16.4% | |
| Q3 2024 | -2.1% | -5.0% | +18.1% | |
| Q2 2024 | +0.6% | +26.9% | +31.7% | |
| Q1 2024 | -0.1% | +3.4% | +18.7% | |
| Q4 2023 | -30.7% | -27.6% | -29.1% | |
| Q3 2023 | -8.6% | -9.8% | +22.0% | |
| Q2 2023 | -2.4% | -2.3% | -12.2% | |
| Q1 2023 | +17.2% | +26.5% | +18.0% | |
| Q4 2022 | -2.2% | -9.6% | -33.0% | |
| Q2 2022 | -0.8% | -1.3% | -6.5% | |
| Q3 2022 | +6.1% | +6.1% | -0.6% | |
| Q1 2022 | +5.3% | +4.2% | +1.2% | |
| Q4 2021 | +0.6% | +2.5% | +5.0% | |
| Q3 2021 | -1.6% | -4.2% | -5.4% | |
| Q2 2021 | -4.6% | -1.4% | +8.7% | |
| Q1 2021 | +5.9% | -4.4% | -24.0% | |
| Q4 2020 | +3.5% | +5.1% | +21.7% | |
| Q3 2020 | +1.3% | +0.1% | -24.2% | |
| Q2 2020 | +1.0% | +2.8% | +5.0% | |
| Q1 2020 | -0.6% | -1.3% | -17.1% | |
| Q4 2019 | +3.0% | +1.4% | -17.7% | |
| Q3 2019 | -2.5% | -8.3% | -8.2% | |
| Q2 2019 | -4.2% | +3.8% | -17.2% | |
| Q1 2019 | -0.8% | +12.7% | +27.0% | |
| Q4 2018 | +2.8% | -15.5% | -22.3% | |
| Q3 2018 | -6.2% | -7.8% | +19.5% | |
| Q2 2018 | +13.1% | +13.3% | +15.4% | |
| Q1 2018 | -5.5% | -7.1% | +3.2% | |
| Q4 2017 | +4.4% | +12.3% | +3.8% | |
| Q3 2017 | -5.0% | -7.2% | -5.9% | |
| Q2 2017 | +6.9% | +4.9% | +8.2% | |
| Q1 2017 | +5.9% | +8.3% | -2.3% | |
| Q4 2016 | +0.0% | +2.4% | +7.2% | |
| Q3 2016 | +0.3% | +0.7% | +5.7% | |
| Q2 2016 | +0.5% | — | — | |
| Q1 2016 | +6.7% | — | — | |
| Q4 2015 | +1.1% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | -7.3% | — | — | |
| Q1 2015 | +2.7% | — | — | |
| Q4 2014 | +1.3% | — | — | |
| Q3 2014 | +1.0% | — | — | |
| Q2 2014 | +1.7% | — | — | |
| Q1 2014 | -5.5% | — | — | |
| Q4 2013 | -6.2% | — | — | |
| Q3 2013 | -6.2% | — | — | |
| Q2 2013 | +4.4% | — | — | |
| Q1 2013 | +2.4% | — | — | |
| Q4 2012 | -1.7% | — | — | |
| Q3 2012 | +6.0% | — | — | |
| Q2 2012 | -0.1% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2009 | +7.6% | — | — | |
| Q4 2011 | +7.6% | — | — | |
| Q3 2010 | +4.2% | — | — | |
| Q3 2011 | +4.2% | — | — | |
| Q2 2010 | -0.8% | — | — | |
| Q2 2011 | -0.8% | — | — | |
| Q1 2010 | -2.4% | — | — | |
| Q1 2011 | -2.4% | — | — | |
| Q4 2010 | -2.4% | — | — |
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