Coherent Corp. (COHR) balance sheet
NYSE · Technology · Hardware, Equipment & Parts · 51,478 employees · CEO James Robert Anderson
- Price
- $210.32 -11.34%
- Market cap
- $41.4B
- Enterprise value
- $43.8B
- Last report
- Q4 '26 filed 2026-08-14
- Next report
- 2026-11-04 EPS est. $1.98
At the end of Q4 '26 Coherent Corp. (COHR) held $1.99B in cash and short-term investments against $3.54B of debt incl. leases. Total assets $18.3B, total liabilities $7.06B, shareholders' equity $10.9B.
Balance sheet
| Balance sheet | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $941M | $856M | $899M | $926M | $1.02B | $918M | $890M | $909M | $853M | $864M | $1.59B | $1.16B | |
| Short-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $825M | $825M | |
| Receivables | $796M | $856M | $975M | $849M | $820M | $892M | $1.01B | $1.02B | $1.07B | $1.1B | $1.19B | $1.34B | |
| Inventory | $1.28B | $1.29B | $1.29B | $1.29B | $1.39B | $1.34B | $1.39B | $1.44B | $1.63B | $1.85B | $2.13B | $2.58B | |
| Other current assets | $19.7M | $222M | $385M | $201M | $98.7M | $36M | $44M | $560M | $485M | $583M | $87.5M | $35.2M | |
| Current assets | $3.24B | $3.42B | $3.55B | $3.66B | $3.63B | $3.5B | $3.7B | $3.93B | $4.04B | $4.39B | $6.45B | $6.93B | |
| Property, plant & equipment (net) | $1.78B | $1.85B | $1.85B | $1.82B | $1.88B | $1.89B | $1.94B | $1.88B | $1.94B | $2.12B | $2.42B | $3B | |
| Goodwill | $4.46B | $4.57B | $4.49B | $4.46B | $4.6B | $4.39B | $4.46B | $4.47B | $4.47B | $4.46B | $4.4B | $4.38B | |
| Intangible assets | $3.7B | $3.7B | $3.59B | $3.5B | $3.51B | $3.31B | $3.28B | $3.2B | $3.13B | $3.06B | $2.96B | $2.88B | |
| Deferred tax assets | $39M | $47.8M | $39.5M | $41M | $53.6M | $53.6M | $52.6M | $53.4M | $53.9M | $69.1M | $72.1M | $69.4M | |
| Other non-current assets | $307M | $1.07B | $1B | $1B | $1.03B | $1.05B | $1.02B | $1.38B | $1.05B | $981M | $1.26B | $1.05B | |
| Non-current assets | $10.3B | $11.2B | $11B | $10.8B | $11.1B | $10.7B | $10.7B | $11B | $10.7B | $10.7B | $11.1B | $11.4B | |
| Total assets | $13.5B | $14.7B | $14.5B | $14.5B | $14.7B | $14.2B | $14.4B | $14.9B | $14.7B | $15.1B | $17.3B | $18.3B | |
| Liabilities | |||||||||||||
| Accounts payable | $449M | $504M | $594M | $632M | $690M | $690M | $777M | $847M | $954M | $1.12B | $1.34B | $1.91B | |
| Accrued expenses | $281M | $272M | $309M | $188M | $258M | $239M | $313M | $182M | $318M | $312M | $709M | $0 | |
| Short-term debt | $74.7M | $74.6M | $75.5M | $73.8M | $69.9M | $27.2M | $4.67M | $188M | $48.4M | $106M | $9M | $7.9M | |
| Taxes payable | $58.2M | $112M | $116M | $90.7M | $102M | $99M | $117M | $124M | $164M | $44.1B | $45.5B | $78.9M | |
| Deferred revenue | $0 | $0 | $0 | $62.1M | $0 | $0 | $0 | $63M | $0 | $0 | $0 | $0 | |
| Other current liabilities | $183M | $187M | $177M | $257M | $197M | $214M | $242M | $349M | $210M | $243M | -$99.2M | $879M | |
| Current liabilities | $1.08B | $1.19B | $1.31B | $1.34B | $1.36B | $1.31B | $1.5B | $1.79B | $1.74B | $1.95B | $2.11B | $2.85B | |
| Long-term debt | $4.22B | $4.14B | $4.08B | $4.03B | $3.92B | $3.83B | $3.73B | $3.5B | $3.26B | $3.25B | $3.18B | $3.21B | |
| Lease obligations (non-current) | $137M | $143M | $138M | $162M | $176M | $163M | $170M | $165M | $157M | $152M | $179M | $255M | |
| Deferred tax liabilities | $743M | $814M | $748M | $784M | $751M | $713M | $674M | $712M | $630M | $643M | $606M | $541M | |
| Other non-current liabilities | $236M | $235M | $201M | $225M | $2.62B | $214M | $208M | $259M | $230M | $208M | $188M | $198M | |
| Non-current liabilities | $5.33B | $5.33B | $5.17B | $5.2B | $7.47B | $4.92B | $4.78B | $4.63B | $4.28B | $4.25B | $4.16B | $4.21B | |
| Total liabilities | $6.42B | $6.52B | $6.48B | $6.54B | $8.83B | $6.23B | $6.28B | $6.43B | $6.01B | $6.2B | $6.27B | $7.06B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $4.29B | $4.79B | $4.84B | $4.86B | $4.91B | $4.96B | $5.01B | $5.06B | $5.12B | $7.67B | $9.74B | $9.79B | |
| Retained earnings | $847M | $789M | $745M | $665M | $659M | $730M | $713M | $584M | $777M | $922M | $1.11B | $1.35B | |
| Accumulated other comprehensive income | $5.05M | $206M | $67.4M | $2.64M | $273M | -$160M | -$11.3M | $372M | $340M | $355M | $242M | $204M | |
| Shareholders' equity | $7.1B | $7.77B | $7.67B | $7.57B | $5.5B | $7.6B | $7.81B | $8.13B | $8.34B | $8.54B | $10.7B | $10.9B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $4.47B | $4.39B | $4.33B | $4.3B | $4.21B | $4.06B | $3.94B | $3.89B | $3.51B | $3.55B | $3.43B | $3.54B | |
| Net debt (debt - cash) | $3.53B | $3.54B | $3.44B | $3.38B | $3.19B | $3.15B | $3.05B | $2.98B | $2.65B | $2.68B | $1.83B | $2.38B | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $272M | $247M | $205M | $493M | $1.59B | $2.58B | $821M | $926M | $909M | $1.16B | |
| Short-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $825M | |
| Receivables | $193M | $215M | $270M | $598M | $659M | $700M | $902M | $849M | $1.02B | $1.34B | |
| Inventory | $204M | $248M | $296M | $620M | $696M | $903M | $1.27B | $1.29B | $1.44B | $2.58B | |
| Other current assets | $6.92M | $7.97M | $11.8M | $65.7M | $13.1M | $19.6M | $90.3M | $201M | $560M | $35.2M | |
| Current assets | $702M | $762M | $813M | $1.79B | $3.03B | $4.31B | $3.25B | $3.66B | $3.93B | $6.93B | |
| Property, plant & equipment (net) | $368M | $525M | $583M | $1.21B | $1.24B | $1.36B | $1.78B | $1.82B | $1.88B | $21.3B | |
| Long-term investments | $11.7M | $69.2M | $76.2M | $73.8M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Goodwill | $250M | $271M | $320M | $1.24B | $1.3B | $1.29B | $4.51B | $4.46B | $4.47B | $4.38B | |
| Intangible assets | $134M | $125M | $139M | $758M | $718M | $635M | $3.81B | $3.5B | $3.2B | $2.88B | |
| Deferred tax assets | $3.02M | $2.05M | $8.52M | $22.9M | $33.5M | $31.7M | $37.7M | $41M | $53.4M | $0 | |
| Other non-current assets | $8.22M | $7.93M | $14.2M | $137M | $194M | $224M | $312M | $1B | $1.38B | -$17.2B | |
| Non-current assets | $775M | $1B | $1.14B | $3.45B | $3.49B | $3.54B | $10.5B | $10.8B | $11B | $11.4B | |
| Total assets | $1.48B | $1.76B | $1.95B | $5.23B | $6.51B | $7.84B | $13.7B | $14.5B | $14.9B | $18.3B | |
| Liabilities | |||||||||||
| Accounts payable | $65.5M | $89.8M | $104M | $269M | $294M | $435M | $405M | $632M | $847M | $1.91B | |
| Accrued expenses | $22.2M | $34.9M | $35.1M | $74.4M | $110M | $159M | $158M | $188M | $182M | $0 | |
| Short-term debt | $20M | $20M | $23.8M | $69.3M | $62.1M | $403M | $74.8M | $73.8M | $188M | $7.9M | |
| Taxes payable | $12.2M | $17.4M | $20.5M | $33.3M | $20.3M | $29.3M | $74.5M | $90.7M | $124M | $119M | |
| Deferred revenue | $2.35M | $3.38M | $10.4M | $17.3M | $13.9M | $23M | $104M | $62.1M | $63M | $0 | |
| Other current liabilities | $62.7M | $71M | $76.3M | $185M | $203M | $190M | $223M | $257M | $349M | $879M | |
| Current liabilities | $185M | $236M | $271M | $673M | $730M | $1.27B | $1.08B | $1.34B | $1.79B | $2.85B | |
| Long-term debt | $322M | $419M | $443M | $2.19B | $1.31B | $1.9B | $4.23B | $4.03B | $3.5B | $3.21B | |
| Lease obligations (non-current) | $23.4M | $0 | $0 | $94.7M | $126M | $110M | $141M | $162M | $165M | $255M | |
| Deferred tax liabilities | $15.3M | $27.2M | $23.9M | $45.6M | $74M | $77.3M | $780M | $784M | $712M | $541M | |
| Other non-current liabilities | $31M | $54.6M | $82.9M | $159M | $138M | $110M | $247M | $225M | $259M | $198M | |
| Non-current liabilities | $392M | $501M | $550M | $2.49B | $1.65B | $2.19B | $5.4B | $5.2B | $4.63B | $4.21B | |
| Total liabilities | $577M | $737M | $821M | $3.16B | $2.38B | $3.46B | $6.48B | $6.54B | $6.43B | $7.06B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $270M | $352M | $382M | $1.49B | $2.03B | $2.06B | $3.78B | $4.86B | $5.06B | $9.79B | |
| Retained earnings | $748M | $836M | $944M | $877M | $1.14B | $1.35B | $944M | $665M | $584M | $1.35B | |
| Accumulated other comprehensive income | -$13.8M | -$3.78M | -$24.2M | -$87.4M | $14.3M | -$2.17M | $110M | $2.64M | $372M | $204M | |
| Shareholders' equity | $901M | $1.02B | $1.13B | $2.08B | $4.13B | $4.38B | $7.23B | $7.57B | $8.13B | $10.9B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $365M | $439M | $467M | $2.37B | $1.53B | $2.44B | $4.49B | $4.3B | $3.89B | $3.54B | |
| Net debt (debt - cash) | $93.5M | $192M | $262M | $1.88B | -$65.9M | -$144M | $3.67B | $3.38B | $2.98B | $2.38B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-K 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-Q 2024-09-30, 10-K 2024-06-30
Data as of 2026-11-02