Filing Flows › Cohu (COHU) › Q2 2026 › vs Q1 2026
Cohu (COHU) Q2 2026 vs Q1 2026 (quarter over quarter)
Cohu's revenue rose $23.9M (+19%) from $125M in Q1 2026 to $149M in Q2 2026. The biggest changes: Systems +$21.2M (+43%); Non-systems +$2.7M (+4%).
Cohu, Q2 2026: revenue $149M (+38% year over year), operating margin 0.2%, net loss $159K, operating cash flow $10.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 5.5% | 6.6% | -1.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Non-systems | $78.3M | $75.7M | $2.7M | +4% |
| Systems | $70.7M | $49.4M | $21.2M | +43% |
| Revenue | $149M | $125M | $23.9M | +19% |
| Other income, net | $1.7M | $2.1M | −$444K | -21% |
| Net loss | $159K | $12.1M | −$11.9M | -99% |
| Costs & expenses | $151M | $139M | $11.5M | +8% |
| Operating costs | $149M | $136M | $12.4M | +9% |
| Income tax | $2.1M | $3.1M | −$907K | -30% |
| Cost of revenue | $81.4M | $67.2M | $14.2M | +21% |
| Research & development | $24.9M | $26.4M | −$1.4M | -5% |
| SG&A | $34.4M | $34.6M | −$156K | -0.5% |
| Other operating costs | $7.9M | $8.1M | −$161K | -2% |
| Operating cash sources | $17.0M | $16.7M | $310K | +2% |
| Depreciation & amortization | $10.4M | $10.4M | −$7K | -0.1% |
| Share-based compensation | $6.6M | $6.3M | $317K | +5% |
| Net loss absorbed | $159K | $12.1M | −$11.9M | -99% |
| Working capital & other | $6.4M | −$5.7M | $12.1M | — |
| Operating cash flow | $10.4M | $10.3M | $128K | +1% |
| Free cash flow (OCF − capex) | $8.1M | $8.3M | −$148K | -2% |
| Capital expenditures | $2.3M | $2.0M | $276K | +14% |
Questions
How much did Cohu's revenue grow quarter over quarter in Q2 2026?
Cohu's revenue rose $23.9M (+19%) from $125M in Q1 2026 to $149M in Q2 2026.
What drove Cohu's revenue change in Q2 2026?
Systems +$21.2M (+43%); Non-systems +$2.7M (+4%).