COHERENT CORP. (COHR)
COHERENT CORP. (COHR)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net earnings | 181,673 | 143,814 | 225,196 | -98,111 |
| Depreciation | 62,409 | 55,511 | 52,983 | 62,776 |
| Amortization | 70,469 | 70,508 | 69,446 | 72,047 |
| Share-based compensation expense | 49,147 | 42,768 | 44,134 | 43,590 |
| Non-cash restructuring and impairment charges | 20,822 | 10,770 | 9,872 | 140,912 |
| Amortization of discount on convertible debt and debt issuance costs | NaN | NaN | NaN | 19,774 |
| Amortization of debt issuance costs | 8,182 | 7,347 | -391 | NaN |
| Loss on disposals of property, plant & equipment | -777 | -21 | -127 | -670 |
| Unrealized losses (gains) on foreign currency remeasurements and transactions | 1,735 | 4,257 | 4,226 | -26,281 |
| Earnings from equity investments | 18 | 61 | 215 | 690 |
| Deferred income taxes | -64,971 | 10,601 | -83,665 | -7,333 |
| Gain on sale of business | 8,922 | 0 | 115,211 | NaN |
| Gain on sale of equity investment | 14,094 | 14,812 | 6,726 | NaN |
| Loss on debt extinguishment | 0 | 0 | -3,056 | 0 |
| Accounts receivable | 133,881 | 24,759 | 66,628 | 4,329 |
| Inventories | 278,047 | 202,253 | 219,120 | 105,427 |
| Accounts payable | 144,095 | 100,214 | 105,357 | 89,094 |
| Contract liabilities | 5,418 | -234 | -8,022 | -1,437 |
| Income taxes | 8,083 | -66,399 | 37,221 | -19,944 |
| Accrued compensation and benefits | 33,492 | 32,644 | -48,206 | 33,086 |
| Other operating net assets (liabilities) | 171,453 | 98,589 | -40,796 | 62,012 |
| Net cash provided by operating activities | -93,797 | 57,900 | 45,955 | 130,284 |
| Additions to property, plant & equipment | 289,684 | 153,598 | 103,946 | 131,350 |
| Proceeds from sale of equity investment | 17,296 | 21,896 | 9,635 | NaN |
| Purchases of businesses, net of cash acquired | NaN | NaN | NaN | 0 |
| Proceeds from the sale of business, net of fees | 51,489 | -5,330 | 391,127 | NaN |
| Proceeds from the sale of business | NaN | NaN | NaN | 0 |
| Purchases of short-term investments | 825,000 | NaN | NaN | NaN |
| Other investing activities | 3,502 | 1,499 | 18 | -659 |
| Net cash used in investing activities | -1,049,401 | -138,531 | 296,798 | -130,691 |
| Proceeds from issuance of series b preferred shares | NaN | NaN | NaN | 0 |
| Sale of shares to noncontrolling interests | NaN | NaN | NaN | 0 |
| Proceeds from borrowing of credit facility-Term ALoan Facility | 0 | 0 | 1,250,000 | 0 |
| Proceeds from borrowing of credit facility-Term BLoan Facility | 0 | 0 | 3,267 | 0 |
| Proceeds from borrowings of revolving credit facilities | 315,234 | 224,669 | 88,908 | 17,867 |
| Proceeds from issuance of common shares | 2,000,000 | NaN | NaN | NaN |
| Payments on existing debt | 102,315 | 8,620 | 1,650,805 | 50,980 |
| Payments on borrowings under revolving credit facilities | 373,518 | 174,288 | 77,046 | 17,513 |
| Payments on convertible notes | NaN | NaN | NaN | 0 |
| Debt issuance costs | 0 | 559 | 8,542 | 0 |
| Equity issuance costs | NaN | NaN | NaN | 0 |
| Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan | 21,695 | 8,809 | 21,278 | 2,108 |
| Payments in satisfaction of employees minimum tax obligations | 6,964 | 7,173 | 37,443 | 5,053 |
| Cash dividends paid | 0 | 0 | 11,438 | 11,438 |
| Other financing activities | 210 | 220 | 335 | -229 |
| Net cash provided by (used in) financing activities | 1,854,342 | 43,058 | -421,486 | -65,238 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | -14,162 | 13,469 | -1,280 | 72,528 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 696,982 | -24,104 | -80,013 | 6,883 |
| Cash, cash equivalents, and restricted cash at beginning of period | 1,528,796 | 1,552,900 | 1,632,913 | 1,626,030 |
| Cash, cash equivalents, and restricted cash at end of period | 2,225,778 | 1,528,796 | 1,552,900 | 1,632,913 |