Coherent (COHR) Operating Expenses (2009 - 2026)
Coherent's (COHR) quarterly Operating Expenses came in at $1.8 billion in Q2 2026, up 10.93% year-over-year from $1.6 billion in Q2 2025, and up 8.99% quarter-over-quarter from $1.6 billion in Q1 2026.
Analysis
Coherent (COHR) Operating Expenses (2009 - 2026) Analysis & Trends
Coherent has disclosed Operating Expenses across 18 years of filings, most recently posting $1.8 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 10.93% year-over-year to $1.8 billion; the TTM figure through Jun 2026 stood at $6.3 billion (up 9.7% YoY), while the FY2026 annual figure was $6.3 billion, up 9.7% from the prior year.
- Operating Expenses came in at $1.8 billion for Q2 2026 at Coherent, up from $1.6 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q2 2026 to a low of $764.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $1.3 billion, with a median of $1.3 billion recorded in 2024.
- Year-over-year, Operating Expenses soared 98.05% in 2022 and declined 18.64% in 2023.
- Over 5 years, 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 climbed by 16.43% to $1.8 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.8 billion in Q2 2026, $1.6 billion in Q1 2026, and $1.5 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 70.10 Bn | 67.36 Bn | 477.30 Mn | 198.00 Mn |
| 2 | Coherent | 52.66 Bn | 50.67 Bn | 787.08 Mn | 1.77 Bn |
| 3 | Zebra Technologies | 16.32 Bn | 16.16 Bn | 825.00 Mn | 504.00 Mn |
| 4 | Littelfuse | 10.54 Bn | 9.91 Bn | 306.06 Mn | 186.34 Mn |
| 5 | Vishay Intertechnology | 4.25 Bn | 2.95 Bn | 207.38 Mn | 153.86 Mn |
| 6 | LG Display | 3.15 Bn | 2.08 Bn | 509.35 Mn | -500.55 Mn |
| 7 | Knowles | 3.05 Bn | 3.00 Bn | 74.60 Mn | 49.90 Mn |
| 8 | Bel Fuse | 2.77 Bn | 2.46 Bn | 83.97 Mn | 45.32 Mn |
| 9 | Hesai | 2.44 Bn | 1.46 Bn | 50.88 Mn | 50.56 Mn |
| 10 | Ouster | 2.35 Bn | 2.09 Bn | 26.69 Mn | 46.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.77 Bn |
| 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 |