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 (COHR) has 18 years of Gross Margin data on file, last reported 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.
- The five-year high for Gross Margin was 38.86% in Q1 2022, with the low at 28.49% in Q2 2023.
- Average Gross Margin over 5 years is 33.89%, with a median of 34.13% recorded in 2024.
- Year-over-year, Gross Margin slumped 856 bps in 2022 and surged 499 bps in 2024.
- Coherent's Gross Margin stood at 30.01% in 2022, then rose by 3 bps to 30.99% in 2023, then rose by 15 bps to 35.5% in 2024, then grew by 4 bps to 36.95% in 2025, then climbed by 2 bps to 37.66% in 2026.
- Business Quant data shows COHR's Gross Margin at 37.66% in Q1 2026, 36.95% in Q4 2025, and 36.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 37.66% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 44.07% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 62.19% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 43.19% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 63.17% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 68.76% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 71.13% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 30.63% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 59.44% |
| 10 | Badger Meter | 4.28 Bn | 4.07 Bn | 84.33 Mn | 41.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |