Coherent (COHR) Gross Margin (2009 - 2026)

Coherent's (COHR) quarterly Gross Margin came in at 37.66% in Q1 2026, up 243.0% year-on-year from 10.98% in Q1 2025, and up 1.92% quarter-over-quarter from 36.95% in Q4 2025.

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

Coherent has disclosed Gross Margin across 18 years of filings, most recently posting 37.66% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 37.66%, up 243.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.78% (up 230.0% YoY), and the FY2025 annual result was 35.17%, up 424.0% from the prior year.
  • Gross Margin came in at 37.66% for Q1 2026 at Coherent, up from 36.95% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 38.86% in Q1 2022 to a low of 28.49% in Q2 2023.
  • The 5-year median for Gross Margin is 34.13% (2024), against an average of 33.89%.
  • Across the five-year window, Gross Margin plunged 856 bps in 2022 and jumped 499 bps in 2024, its largest moves.
  • Coherent's Gross Margin stood at 30.01% in 2022, then climbed by 3 bps to 30.99% in 2023, then climbed by 15 bps to 35.5% in 2024, then gained by 4 bps to 36.95% in 2025, then rose by 2 bps to 37.66% in 2026.
  • The last three Gross Margin figures came in at 37.66% (Q1 2026), 36.95% (Q4 2025), and 36.63% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 37.66%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 62.19%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 59.44%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 43.19%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 47.03%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 63.17%
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 68.76%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 71.13%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 42.45%
10 Sensata Technologies Holding 7.28 Bn 6.64 Bn 286.30 Mn 30.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.66%
Dec 31, 2025 36.95%
Sep 30, 2025 36.63%
Jun 30, 2025 35.71%
Mar 31, 2025 35.23%
Dec 31, 2024 35.50%
Sep 30, 2024 34.13%
Jun 30, 2024 32.86%
Mar 31, 2024 30.32%
Dec 31, 2023 30.99%
Sep 30, 2023 29.14%
Jun 30, 2023 28.49%
Mar 31, 2023 33.88%
Dec 31, 2022 30.01%
Sep 30, 2022 32.99%
Jun 30, 2022 36.76%
Mar 31, 2022 38.86%
Dec 31, 2021 38.57%
Sep 30, 2021 38.56%
Jun 30, 2021 38.07%