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
DateValue
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