Summer 2026
Posted on 3/20/2026
Global laser technologies and systems supplier
No salary listed
Horsham, PA, USA
In Person
Bachelor's, Master's
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Coherent designs and sells lasers, laser-based technologies, and complete laser system solutions for commercial, industrial, and scientific uses. Its products include laser sources and components, as well as turnkey systems for applications such as microelectronics manufacturing, materials processing, medical diagnostics, and research; revenue comes from hardware sales, services, and recurring consumables and software. It serves OEMs, end-users, and government agencies worldwide, competing by offering a broad, integrated portfolio of laser products and system solutions across multiple industries. Its goal is to expand product lines and services to help customers deploy and scale laser-based technologies in manufacturing, research, and defense applications.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Santa Clara, California
Founded
1966
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Hybrid Work Options
CNBC's Jim Cramer analysed the contrasting market reactions to earnings reports from optical technology companies Lumentum Holdings and Coherent Corp. on 12 August. Lumentum reported fourth quarter fiscal 2026 revenue of $1.01 billion, up 109% year-over-year, beating estimates. Non-GAAP earnings per share reached $3.23, exceeding expectations by $0.26. The company guided first quarter fiscal 2027 revenue between $1.225 billion and $1.275 billion, with EPS of $4.05 to $4.35. Coherent posted fourth quarter fiscal 2026 revenue of $2.05 billion, a 34% year-over-year increase, surpassing estimates by $70 million. Non-GAAP EPS of $1.74 beat expectations by $0.12. The company forecast first quarter fiscal 2027 revenue between $2.2 billion and $2.4 billion. Despite strong results, Coherent shares fell in after-hours trading following an 8% gain during regular hours. Cramer attributed the decline to profit-taking after the stock's earlier rally.
The US Department of Labor reported that the producer price index for final products remained unchanged in July, against expectations of a 0.1% increase. Core PPI rose 0.4%, exceeding the consensus estimate of 0.3%. Both headline and core PPI increased 4.7% annually. Crude oil prices fell around 2% after the International Energy Agency warned that global oil demand would decline more than previously forecast. The Strait of Hormuz remained blocked, with traffic falling to a three-month low. Following the inflation data and falling oil prices, yields on US government bonds declined, with the 10-year Treasury falling 2 basis points. Initial jobless claims rose to 209,000 for the week ended 8 August, above estimates of 203,000.
Coherent Corp reported fiscal Q4 2026 revenues of $2.05 billion and non-GAAP earnings of $1.74 per share, both exceeding analyst estimates. CEO Jim Anderson projects quarterly revenues will surpass $3 billion by the end of fiscal 2027, driven by accelerated AI optics production. The company is doubling its indium phosphide output year over year by the current quarter's end, one quarter ahead of schedule. Anderson said fiscal Q1 data centre growth is expected to exceed 80% year over year. Coherent guided fiscal Q1 revenues to $2.2-$2.4 billion and non-GAAP earnings to $1.85-$2.05 per share. Anderson highlighted new revenue streams, including optical circuit switching, co-packaged optics beginning in December, and the September launch of its PhotonLink platform.
Coherent ramps InP capacity. Thursday 13th August 2026 Photonics leader ramps 6-inch InP production and prepares to launch its PhotonLink integrated optics platform at ECOC 2026. Coherent has reported record quarterly revenue of $2.05 billion and set a new target of reaching $3 billion in quarterly sales within the next year, driven by accelerating demand for AI data centre infrastructure and optical connectivity. The company is continuing to expand production of 6-inch indium phosphide (InP) wafers at its manufacturing facilities in Sherman, Texas, and Sweden. According to CEO Jim Anderson, the transition from 3-inch to 6-inch production is progressing ahead of schedule, with output expected to double year-on-year by the end of the current quarter before doubling again by the end of 2027. Higher-capacity production is also delivering improved device yields for lasers and photodiodes used in optical interconnects. Anderson said AI data centres are rapidly transitioning from copper to optical connectivity, creating strong demand for Coherent's photonics portfolio. The company expects new technologies, including co-packaged optics (CPO), near-packaged optics (NPO) and optical circuit switches (OCS), to become increasingly important as hyperscalers adopt more integrated optical architectures. Coherent also confirmed it will unveil PhotonLink, its new integrated optics platform, at ECOC 2026 in Malaga. The platform is designed to provide customers with a fully integrated optical solution, with initial commercial revenue expected before the end of the year. For the quarter ending June 30, 2026, Coherent reported annual revenue of $7.12 billion, up 23% year-on-year, with growth driven primarily by AI-related data centre demand. The company expects revenue to increase to approximately $2.3 billion in the current quarter as production capacity continues to expand.
Coherent: fiscal Q4 earnings snapshot. August 12, 2026, 4:47 PM SAXONBURG, Pa. (AP) - SAXONBURG, Pa. (AP) - Coherent Corp. (COHR) on Wednesday reported fiscal fourth-quarter net income of $240.5 million. On a per-share basis, the Saxonburg, Pennsylvania-based company said it had net income of $1.19. Earnings, adjusted for one-time gains and costs, came to $1.74 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share. The Laser and optics manufacturer posted revenue of $2.05 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $1.99 billion. For the year, the company reported profit of $805 million, or $4.12 per share. Revenue was reported as $7.12 billion. Screen Recording 2026-01-28 165347.mp4 For the current quarter ending in September, Coherent expects its per-share earnings to range from $1.85 to $2.05. The company said it expects revenue in the range of $2.2 billion to $2.4 billion for the fiscal first quarter. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COHR at https://www.zacks.com/ap/COHR