Filing Flows › Coherent (COHR) › Q1 FY27
Coherent (COHR) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 4, 2026
Coherent (COHR) reported revenue of $2.4B for the first quarter fiscal 2027 (Q1 FY27), +50% from a year earlier and +16% from the quarter before. Operating margin was 15.1%, net earnings $385M (16.2% of revenue).
Coherent, Q1 FY27: revenue $2.4B (+50% year over year), operating margin 15.1%, net earnings $385M, operating cash flow −$92.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +16% | +50% |
| Operating profit | $359M | +29% | +65% |
| Net earnings | $385M | +60% | +70% |
| Operating cash flow | −$92.7M | -233% | -302% |
What changed
Revenue was $2.4B in Q1 FY27, up 50% year over year and up 16% from the previous quarter. Datacenter & Communications was the largest line at 82% of revenue. Datacenter & Communications added $0.86B year over year (up 79%), 109% of the total change. Industrial declined 15%.
Operating profit was $0.36B, a 15.1% margin (up 1.4 points year over year). Of the extra revenue versus Q1 FY26, 18% reached operating profit, above the 14% margin then. Total costs grew 47% against revenue growth of 50%. Net earnings were $0.38B, up 70% year over year ($0.38B including minority interests, which bore $3.1M of losses). The effective tax rate was -6.4%.
Operating cash flow was −$0.09B. Non-cash charges added back $0.08B of depreciation and $0.07B of share-based compensation. Working capital and other items used $0.63B. Capital expenditures of $0.78B exceeded it, leaving free cash flow of −$0.87B.
Questions
What was Coherent's revenue in the first quarter fiscal 2027?
Coherent (COHR) reported revenue of $2.4B for the first quarter fiscal 2027 (Q1 FY27), +50% from a year earlier and +16% from the quarter before.
Was Coherent profitable in the first quarter fiscal 2027?
Operating profit was $359M (15.1% of revenue) and net earnings $385M.
Source: Coherent 10-Q on SEC EDGAR.