Coherent Corp. (COHR)财务
NYSE · Technology · Hardware, Equipment & Parts · 员工51,478人 · CEO James Robert Anderson
- 股价
- $210.32 -11.34%
- 市值
- $414亿
- 企业价值
- $438亿
- 最近财报
- Q4 '26 2026-08-14提交
- 下次财报
- 2026-11-04 EPS预期 $1.98
营收(TTM)$71.2亿+22.5% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)12.0%+2.5 百分点 对比去年同期营业利润 $8.51亿
净利润(TTM)$8.05亿+1,530.7% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$10.3亿-634.6% 对比去年同期资本支出 $11.1亿
稀释EPS(TTM)$4.11+861.1% 对比去年同期最近4个季度之和
净现金-$15.5亿+48.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $414亿 EV $438亿
- 营收
- $71.2亿 过去12个月
- 营收增速
- +49% FY2027年一致预期
- 净利润率
- 11.3% 净利润 / 营收,TTM
- P/E
- 48.3× 预期 22.3×(FY2027)
- P/S
- 5.8× 股价 / 营收,TTM
- EV / EBITDA
- 28.1× TTM
- 自由现金流
- -$10.3亿 过去12个月
- 净利润
- $8.05亿 过去12个月
- 营收预期
- $106亿 FY2027年一致预期
- 盈利
- 2026-11-04 营收预期 $23亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-12):营收超预期3.1%,EPS 超预期7.4%营收$20.5亿,预期$19.8亿(+3.1%);EPS $1.74,预期$1.62(+7.4%)。
- 营收增长加速:同比33.7%Q4 '26营收$20.5亿,此前四个季度的平均值为17.9%。
- 营业利润率12.0%(TTM),较去年同期+2.5 百分点营收增长22.5%,营业利润增长55.0%。
- 资本支出占营收的15.6%(去年为7.6%)最近4个季度投入$11.1亿(同比+151.8%)。自由现金流-$10.3亿,相当于净利润的-128.0%。
- 稀释股数一年内增加30.0%Q4 '26稀释股数2.02亿,一年前为1.56亿。
- 净债务 $15.5亿现金 + 短期投资 $19.9亿,含租赁债务 $35.4亿;一年前净债务 $29.8亿。
上一季度:Q4 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q4 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $20.5亿 | $15.3亿 | +33.7% |
| 毛利率 | 38.5% | 36.6% | +1.9 百分点 |
| 营业利润 | $2.54亿 | $1.59亿 | +59.6% |
| 营业利润率 | 12.4% | 10.4% | +2.0 百分点 |
| 净利润 | $2.41亿 | -$9560万 | +351.5% |
| 稀释EPS | $1.19 | -$0.83 | +243.4% |
| 经营现金流 | $6950万 | $1.3亿 | -46.7% |
| 资本支出 | $5.63亿 | $1.31亿 | +328.5% |
| 自由现金流 | -$4.93亿 | -$107万 | -46,185.1% |
| R&D | $2.16亿 | $1.56亿 | +39.0% |
| 股权激励费用 | $5040万 | $1.6亿 | -68.5% |
实际 vs 一致预期
2026-08-12| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $20.5亿 | $19.8亿 | +3.1% |
| EPS(一致预期口径) | $1.74 | $1.62 | +7.4% |
来自2026-08-12发布的Q4 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q4 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Industrial Segment | $14亿 | – | 100.0% | – | – | |
| Datacenter & Communications | – | – | – | – | – | |
| Lasers Segment | – | – | – | – | – | |
| Materials Segment | – | – | – | – | – | |
| Industrial | – | – | – | – | – |
按地区划分的营收
占总额比例| 分部 | Q4 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| North America | $34.7亿 | – | 65.3% | – | – | |
| CHINA | $6.07亿 | – | 11.4% | – | – | |
| Europe | $5.99亿 | – | 11.3% | – | – | |
| Other Countries | $3.3亿 | – | 6.2% | – | – | |
| United States | – | – | – | – | – | |
| JAPAN | $3.06亿 | – | 5.8% | – | – | |
| GERMANY | – | – | – | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q4 '25分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Networking Segment | $9.45亿 | +39.0% | – | – | – | -12.0% | – |
| Lasers Segment | $3.48亿 | -2.0% | – | – | – | -85.2% | – |
| Materials Segment | $2.36亿 | -15.4% | – | – | – | -43.6% | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $7950万
- 资本支出
- -$11.1亿
- 股票回购
- $0
- 股息
- -$1140万
- 收购
- $4.37亿
- 债务净发行
- -$4.78亿
- 股权激励费用
- $1.86亿
- 自由现金流
- -$10.3亿
- 股东回报 / FCF
- -1.1%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 48.3× | 61.1× 5年中的2年 | 31.3× – 90.9× |
| EV / EBITDA | 28.1× | 21.4× | 7.4× – 46.4× |
| EV / 营收 | 6.2× | 3.9× | 1.5× – 10.2× |
| 股价 / FCF | -40.2× | 53.8× 5年中的4年 | 35.4× – 71.6× |
| 股价 / 净资产 | 3.8× | 2.3× | 1.0× – 6.4× |
| FCF收益率 | -2.5% | 1.3% | -1.5% – 2.8% |
| 投入资本回报率 | 5.1% | 2.8% | 0.9% – 5.4% |
| 净资产收益率 | 8.4% | 1.5% | -3.6% – 7.4% |
分析师
一致目标价 $374.22 (+77.9%)
区间 $230.00 – $448.00 · 评级 Buy
强烈买入1
买入24
持有6
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $106亿 | +49.3% | $9.45 | +129.4% | 22.3× | 14 |
| FY2028 | $146亿 | +37.9% | $14.07 | +48.9% | 14.9× | 12 |
| FY2029 | $197亿 | +34.5% | $19.64 | +39.6% | 10.7× | 4 |
| FY2030 | $284亿 | +44.4% | $25.21 | +28.3% | 8.3× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Coherent, Inc.在近期10-Q / 10-K文件中标记的全部303项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| – | – | – | $172万 | – | – | |
| – | – | – | 0.0% | – | – | |
| – | – | – | $1680万 | – | – | |
| – | – | – | 2.0% | – | – | |
| – | – | – | $1490万 | – | – | |
| – | – | – | $327万 | – | – | |
| Accounts Payable, Current | $19.1亿 | $8.47亿 | +125.0% | $19.1亿 | $8.47亿 | +125.0% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $13.4亿 | $9.64亿 | +39.3% | $13.4亿 | $9.64亿 | +39.3% |
| Accounts Receivable, Allowance for Credit Loss, Current | $1320万 | $1220万 | +8.2% | $1320万 | $1220万 | +8.2% |
| Accrued Income Taxes, Current | $1.73亿 | $1.24亿 | +40.0% | $1.73亿 | $1.24亿 | +40.0% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $17.8亿 | $16.2亿 | +10.4% | $17.8亿 | $16.2亿 | +10.4% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $2.04亿 | $3.72亿 | -45.1% | $2.04亿 | $3.72亿 | -45.1% |
| Amortization of Debt Issuance Costs | $242万 | $411万 | -41.1% | $1760万 | $1980万 | -11.2% |
| Amortization of Debt Issuance Costs and Discounts | – | – | – | $1980万2025-06-30 | $1770万 | +12.0% |
| Amortization of Intangible Assets | $6960万 | $7230万 | -3.7% | $2.8亿 | $3.03亿 | -7.6% |
| Amortization of Other Deferred Charges | $6990万 | $7200万 | -3.0% | $2.8亿 | $3.03亿 | -7.4% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 0 | 463万 | -100.0% | 0 | 3370万 | -100.0% |
| Assets | $183亿 | $149亿 | +22.7% | $183亿 | $149亿 | +22.7% |
| Assets, Current | $69.3亿 | $39.3亿 | +76.3% | $69.3亿 | $39.3亿 | +76.3% |
| Business Combination, Acquisition Related Costs | – | – | – | $3870万2023-06-30 | – | – |
| Business Combination, Integration Related Costs | $1800万 | $1700万 | +5.9% | $8000万 | $3800万 | +110.5% |
| Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred | – | – | – | -$1.58亿2023-06-30 | – | – |
| Capital Expenditures Incurred but Not yet Paid | $1.7亿 | -$1060万 | +1,701.5% | $3.72亿 | $6710万 | +453.7% |
| Cash and Cash Equivalents, at Carrying Value | $11.6亿 | $9.09亿 | +27.8% | $11.6亿 | $9.09亿 | +27.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $17.7亿 | $16.3亿 | +8.3% | $17.7亿 | $16.3亿 | +8.3% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$4.57亿 | $688万 | -6,745.1% | $1.35亿 | -$1.57亿 | +186.4% |
| Common Stock, No Par Value | $0.002025-12-31 | $0.00 | – | $0.002025-06-30 | $0.00 | – |
| Common Stock, Shares Authorized | 3亿 | 3亿 | 0.0% | 3亿 | 3亿 | 0.0% |
| Common Stock, Shares, Issued | 2.13亿 | 1.72亿 | +23.7% | 2.13亿 | 1.72亿 | +23.7% |
| Common Stock, Value, Issued | $97.9亿 | $50.6亿 | +93.6% | $97.9亿 | $50.6亿 | +93.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2.03亿 | $2.88亿 | -29.4% | $6.37亿 | $4.19亿 | +52.1% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $1.99亿 | $2.87亿 | -30.5% | $6.18亿 | $4.01亿 | +54.2% |
| Contract with Customer, Liability | $6300万 | $7200万 | -12.5% | $6300万 | $7200万 | -12.5% |
| Contract with Customer, Liability, Current | $4810万 | $6300万 | -23.6% | $4810万 | $6300万 | -23.6% |
| Contract with Customer, Liability, Noncurrent | $1500万 | $900万 | +66.7% | $1500万 | $900万 | +66.7% |
| Contract with Customer, Liability, Revenue Recognized | -$100万 | $300万 | -133.3% | $5100万 | $5500万 | -7.3% |
| Conversion of Stock, Amount Converted | $0 | $0 | – | $25.1亿 | $0 | – |
| Cost of Goods and Services Sold | $12.6亿 | $9.83亿 | +28.0% | $44.5亿 | $37.7亿 | +18.1% |
| Costs and Expenses | $17.7亿 | $15.9亿 | +10.9% | $62.7亿 | $57.2亿 | +9.7% |
| Current Federal Tax Expense (Benefit) | – | – | – | $337万 | $301万 | +11.8% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2.51亿 | $1.55亿 | +62.3% |
| Current Income Tax Expense (Benefit) | – | – | – | $2.6亿 | $1.6亿 | +62.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $490万 | $173万 | +182.9% |
| Debt, Weighted Average Interest Rate | – | – | – | 6.0%2025-06-30 | 7.0% | -14.3% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$5500万 | -$5050万 | -8.9% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$1.42亿 | -$3780万 | -276.4% |
| Deferred Income Tax Assets, Net | $6940万 | $5340万 | +30.0% | $6940万 | $5340万 | +30.0% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$1.99亿 | -$9540万 | -108.2% |
| Deferred Income Tax Liabilities, Net | $5.41亿 | $7.12亿 | -24.0% | $5.41亿 | $7.12亿 | -24.0% |
| Deferred Income Taxes and Tax Credits | -$6070万 | -$733万 | -727.7% | -$1.99亿 | -$9540万 | -108.2% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$163万 | -$722万 | +77.4% |
| Deferred Tax Assets, Deferred Income | $1220万 | $1540万 | -20.7% | $1220万 | $1540万 | -20.7% |
| Deferred Tax Assets, in Process Research and Development | $2.16亿 | $1.69亿 | +27.6% | $2.16亿 | $1.69亿 | +27.6% |
| Deferred Tax Assets, Inventory | $7440万 | $7490万 | -0.6% | $7440万 | $7490万 | -0.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $4.75亿 | $4.7亿 | +1.1% | $4.75亿 | $4.7亿 | +1.1% |
| Deferred Tax Assets, Operating Loss Carryforwards | $2.15亿 | $2.57亿 | -16.4% | $2.15亿 | $2.57亿 | -16.4% |
| Deferred Tax Assets, Other | $923万 | $956万 | -3.5% | $923万 | $956万 | -3.5% |
| Deferred Tax Assets, Property, Plant and Equipment | $632万 | $0 | – | $632万 | $0 | – |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits | $3620万 | $3630万 | -0.4% | $3620万 | $3630万 | -0.4% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $1890万 | $1590万 | +19.0% | $1890万 | $1590万 | +19.0% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 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
数据截至 2026-11-02