Coherent (COHR) Operating Expenses (2009 - 2026)
Coherent's (COHR) quarterly Operating Expenses came in at $1.6 billion in Q1 2026, up 8.96% year-on-year from $1.5 billion in Q1 2025, and up 6.83% quarter-over-quarter from $1.5 billion in Q4 2025.
Coherent (COHR) Operating Expenses (2009 - 2026) Analysis & Trends
Coherent has disclosed Operating Expenses across 18 years of filings, most recently posting $1.6 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.6 billion, up 8.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.1 billion (up 12.32% YoY), and the FY2025 annual result was $5.7 billion, up 17.72% from the prior year.
- Operating Expenses came in at $1.6 billion for Q1 2026 at Coherent, up from $1.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.6 billion in Q1 2026 to a low of $764.7 million in Q1 2022.
- The 5-year median for Operating Expenses is $1.3 billion (2024), against an average of $1.3 billion.
- Across the five-year window, Operating Expenses surged 98.05% in 2022 and dropped 18.64% in 2023, its largest moves.
- Coherent's Operating Expenses stood at $1.4 billion in 2022, then slipped by 18.64% to $1.2 billion in 2023, then climbed by 11.76% to $1.3 billion in 2024, then climbed by 16.18% to $1.5 billion in 2025, then grew by 6.83% to $1.6 billion in 2026.
- The last three Operating Expenses figures came in at $1.6 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.62 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.35 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 610.62 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.27 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 274.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 483.80 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 502.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 131.07 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 265.48 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 793.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.62 Bn |
| Dec 31, 2025 | 1.52 Bn |
| Sep 30, 2025 | 1.36 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 1.33 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 1.24 Bn |
| Dec 31, 2023 | 1.17 Bn |
| Sep 30, 2023 | 1.14 Bn |
| Jun 30, 2023 | 1.44 Bn |
| Mar 31, 2023 | 1.24 Bn |
| Dec 31, 2022 | 1.44 Bn |
| Sep 30, 2022 | 1.40 Bn |
| Jun 30, 2022 | 837.98 Mn |
| Mar 31, 2022 | 764.70 Mn |
| Dec 31, 2021 | 727.47 Mn |
| Sep 30, 2021 | 704.67 Mn |
| Jun 30, 2021 | 714.76 Mn |