Filing Flows › Cohu (COHU) › Q4 2025
Cohu (COHU) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 17, 2026
Cohu (COHU) reported revenue of $122M for the fourth quarter 2025 (Q4 2025), +30% from a year earlier and -3% from the quarter before. Operating margin was -12.7%, net loss $22.5M (18.4% of revenue).
Cohu, Q4 2025: revenue $122M (+30% year over year), operating margin -12.7%, net loss $22.5M, operating cash flow $39.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $122M | -3% | +30% |
| Operating profit | −$15.5M | — | — |
| Net earnings | −$22.5M | — | — |
| Operating cash flow | $39.8M | — | — |
| Free cash flow | $36.5M | — | — |
What changed
Revenue was $122.2M in Q4 2025, up 30% year over year and down 3% from the previous quarter.
Operating costs exceeded revenue by $15.5M, an operating margin of -12.7%. Total costs grew 19% against revenue growth of 30%. The fastest-growing cost line was Cost of revenue (+34%). The quarter ended with a net loss of $22.5M, wider than the previous quarter's $4.1M loss.
Operating cash flow was $39.8M. Non-cash charges added back $10.6M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items added $46.3M. Capital expenditures of $3.4M left free cash flow of $36.5M.
Questions
What was Cohu's revenue in the fourth quarter 2025?
Cohu (COHU) reported revenue of $122M for the fourth quarter 2025 (Q4 2025), +30% from a year earlier and -3% from the quarter before.
Was Cohu profitable in the fourth quarter 2025?
Operating loss was $15.5M (-12.7% of revenue) and net loss $22.5M.
Source: Cohu 10-K on SEC EDGAR.