Earnings Release

Coherent Corp.'s latest earnings press release, filed Aug 12, 2026, scored line by line for tone, guidance and what changed since the prior release.

New outlook issued21 lines scoredFiled Aug 12, 2026SEC 8-K · Exhibit 99

Release Tone

BALANCED

GuidanceNew outlook issuedWhat this release does to the company's outlook

Tone change▼ 2.9pointsvs the prior release (May 6, 2026)

Hedging language0.25per 100 words▼ 0.30 vs prior

New this quarter8of 21 linesWording that was not in the prior release

The lines that matter most

Ranked by how material, how strongly worded and how new each sentence is.

1
“Fiscal 2026 was an outstanding year for Coherent, with record revenue, significant margin expansion, and non-GAAP EPS growth that was more than twice the rate of revenue growth,” said Jim Anderson, CEO.
New this quarter
2
Revenue for the first quarter of fiscal 2027 is expected to be between $2.2 billion and $2.4 billion.
3
EPS for the first quarter of fiscal 2027 is expected to be between $1.85 and $2.05 on a non-GAAP basis.
4
Gross margin percentage for the first quarter of fiscal 2027 is expected to be between 39.5% and 41.5% on a non-GAAP basis.
5
Total operating expenses for the first quarter of fiscal 2027 are expected to be between $400 million and $420 million on a non-GAAP basis.
6
Tax rate for the first quarter of fiscal 2027 is expected to be between 18% and 20% on a non-GAAP basis.
7
Q4 REVENUE OF $2.05B, INCREASED 34% Y/Y AND 42% Y/Y ON A PRO FORMA BASIS
8
Q4 GAAP EPS OF $1.19, INCREASED $2.02 Y/Y; Q4 NON-GAAP EPS OF $1.74, INCREASED $0.74 Y/Y

Release by release

Tone and guidance for the last 2 earnings releases.

Aug 12, 2026New outlook issued57.2-2.9
May 6, 2026New outlook issued60.1

Bar length: tone on a 50–70 scale.

The release, annotated

1Highlight rankPositive toneNeutralNegative toneDimmed text: low materiality

Results

COHERENT CORP.

REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2026 RESULTS

7Q4 REVENUE OF $2.05B, INCREASED 34% Y/Y AND 42% Y/Y ON A PRO FORMA BASIS

Q4 GAAP GROSS MARGIN OF 38.5%, INCREASED 277 bps Y/Y; Q4 NON-GAAP GROSS MARGIN OF 40.2%, INCREASED 215 bps Y/Y

8Q4 GAAP EPS OF $1.19, INCREASED $2.02 Y/Y; Q4 NON-GAAP EPS OF $1.74, INCREASED $0.74 Y/Y

SAXONBURG, Pa., August 12, 2026 – Coherent Corp. (NYSE: COHR) (“Coherent,” “We,” or the “Company”), a global leader in photonics, announced financial results today for its fiscal fourth quarter and full year fiscal 2026 ended June 30, 2026.

Revenue for the fourth quarter of fiscal 2026 was $2.05 billion, with GAAP gross margin of 38.5% and GAAP net income of $1.19 per diluted share.

On a non-GAAP basis, gross margin was 40.2% with net income per diluted share of $1.74.

Management commentary

1“Fiscal 2026 was an outstanding year for Coherent, with record revenue, significant margin expansion, and non-GAAP EPS growth that was more than twice the rate of revenue growth,” said Jim Anderson, CEO.

“We enter fiscal 2027 with exceptional customer demand, expanding production capacity, and multiple new growth platforms beginning to ramp.

As AI datacenter architectures increasingly transition from copper to optical connectivity, we believe Coherent’s broad photonic technology portfolio and manufacturing scale uniquely position us to deliver accelerating growth and capitalize on this multi-year opportunity.”

Sherri Luther, CFO, said, “Strong operational execution across our business drove meaningful gross margin expansion and converted our top-line revenue growth into robust GAAP and non-GAAP EPS growth.

As we enter fiscal 2027, we remain disciplined in our capital allocation, prioritizing investments to expand manufacturing capacity so we can efficiently fulfill the ongoing acceleration in customer demand.”

Results

Selected Fourth Quarter and Full Year 2026 Financial Results and Comparisons (in millions, except percentages and per share data)

Outlook

Business Outlook – First Quarter Fiscal 2027 (1)

2Revenue for the first quarter of fiscal 2027 is expected to be between $2.2 billion and $2.4 billion.

4Gross margin percentage for the first quarter of fiscal 2027 is expected to be between 39.5% and 41.5% on a non-GAAP basis.

5Total operating expenses for the first quarter of fiscal 2027 are expected to be between $400 million and $420 million on a non-GAAP basis.

6Tax rate for the first quarter of fiscal 2027 is expected to be between 18% and 20% on a non-GAAP basis.

3EPS for the first quarter of fiscal 2027 is expected to be between $1.85 and $2.05 on a non-GAAP basis.

55 boilerplate lines (safe-harbor disclaimer, contacts, call details) are set aside.

How this is scored

Source: the press release Coherent Corp. filed with the SEC as Exhibit 99 to Form 8-K (Item 2.02). Financial statements and boilerplate are set aside.
Tone: a financial sentiment model scores each sentence 0 to 100; the release score weights sentences by how material they are.
Materiality and guidance: a classifier judges whether each sentence is specific information, and what the release does to the outlook.
New this quarter: wording that does not appear in the prior release.
Hedging: uncertainty words (may, could, approximately, headwinds and similar) per 100 words of narrative.

These scores describe the release's language. They are not a forecast or a recommendation. Read the original filing

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