Coherent (COHR) Gross Margin (2009 - 2026)

Coherent (COHR) posted Gross Margin of 37.66% for Q1 2026, up 1.92% sequentially from 36.95% in Q4 2025, and up 243.0% YoY from 10.98% in Q1 2025.

Coherent (COHR) Gross Margin (2009 - 2026) Analysis & Trends

Coherent has reported Gross Margin for 18 years, with the latest figure at 37.66% in Q1 2026.

Quarterly Gross Margin rose 243.0% year-over-year to 37.66% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 36.78% (up 230.0% YoY) and the FY2025 annual result came in at 35.17%, up 424.0% from the prior year.
Gross Margin advanced to 37.66% in Q1 2026 per COHR's latest filing, from 36.95% in the prior quarter.
Over five years, Gross Margin peaked at 38.86% in Q1 2022 and troughed at 28.49% in Q2 2023.
A 5-year average of 33.89% and a median of 34.13% in 2024 frame the typical range for Gross Margin.
The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 856 bps in 2022, then soared 499 bps in 2024.
Over 5 years, Gross Margin stood at 30.01% in 2022, then increased by 3 bps to 30.99% in 2023, then increased by 15 bps to 35.5% in 2024, then climbed by 4 bps to 36.95% in 2025, then advanced by 2 bps to 37.66% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 37.66%, 36.95%, and 36.63% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Garmin	56.50 Bn	53.83 Bn	1.26 Bn	62.41%
2	Keysight Technologies	54.05 Bn	51.64 Bn	1.18 Bn	68.61%
3	Coherent	51.08 Bn	49.09 Bn	787.08 Mn	38.48%
4	Teledyne Technologies	29.39 Bn	29.05 Bn	738.10 Mn	44.40%
5	Mks	19.03 Bn	18.41 Bn	595.00 Mn	47.68%
6	Fortive	18.08 Bn	17.71 Bn	695.30 Mn	63.39%
7	Trimble	13.91 Bn	13.70 Bn	674.90 Mn	69.43%
8	Cognex	9.98 Bn	9.58 Bn	205.77 Mn	70.65%
9	Esco Technologies	7.37 Bn	7.30 Bn	141.52 Mn	41.74%
10	Sensata Technologies Holding	6.09 Bn	5.68 Bn	301.80 Mn	30.47%

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