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
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%