Filing Flows › Cohu (COHU) › Q3 2026
Cohu (COHU) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Cohu (COHU) reported revenue of $173M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +16% from the quarter before. Operating margin was 7.4%, net earnings $12.1M (7.0% of revenue).
Cohu, Q3 2026: revenue $173M (+37% year over year), operating margin 7.4%, net earnings $12.1M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $173M | +16% | +37% |
| Operating profit | $12.8M | 44× | — |
| Net earnings | $12.1M | — | — |
| Operating cash flow | $5.6M | -46% | — |
| Free cash flow | $3.0M | -64% | — |
What changed
Revenue was $173.0M in Q3 2026, up 37% year over year and up 16% from the previous quarter. Systems was the largest line at 52% of revenue. Systems added $34.4M year over year (up 61%), 74% of the total change.
Operating profit was $12.8M, a 7.4% margin (up 15.1 points year over year). Total costs grew 18% against revenue growth of 37%. The fastest-growing cost line was Cost of revenue (+33%). Net earnings were $12.1M. The effective tax rate was 15.3%.
Operating cash flow was $5.6M, 46% of net earnings. Non-cash charges added back $10.3M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items used $21.4M. Capital expenditures of $2.6M left free cash flow of $3.0M.
Questions
What was Cohu's revenue in the third quarter 2026?
Cohu (COHU) reported revenue of $173M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +16% from the quarter before.
Was Cohu profitable in the third quarter 2026?
Operating profit was $12.8M (7.4% of revenue) and net earnings $12.1M.
Source: Cohu 10-Q on SEC EDGAR.