AI English summary of an SEC filing — figures as filed
Coherent said revenue for the first quarter ended September 30, 2025 of fiscal Q1 2026 was $1,581 million, up 17.3% year-over-year. GAAP gross margin was 36.6% and non-GAAP gross margin was 38.7%.
Key points
AI summaryCoherent said revenue for the first quarter ended September 30, 2025 of fiscal Q1 2026 was $1,581 million, up 17.3% year-over-year. GAAP gross margin was 36.6% and non-GAAP gross margin was 38.7%.
The company said GAAP diluted earnings per share for Q1 was $1.19, compared with $(0.04) in the prior-year quarter, and non-GAAP diluted earnings per share was $1.16, compared with $0.67 in the prior-year quarter. GAAP operating income was $259 million.
Coherent closed the sale of its Aerospace and Defense business, with proceeds from the sale of business of $391.1 million in the cash flow statement for Q1. The company also said it repaid $400 million of debt during the quarter and refinanced its debt.
The company said revenue for the second quarter of fiscal Q2 2026 is expected to be between $1.56 billion and $1.70 billion. Non-GAAP diluted earnings per share is expected to be between $1.10 and $1.30.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Revenue and Gross Margin for Q1
Coherent said revenue for the first quarter ended September 30, 2025 of fiscal Q1 2026 was $1,581 million, up 17.3% year-over-year. GAAP gross margin was 36.6% and non-GAAP gross margin was 38.7%.
Source · Based on the filing body and exhibits
GAAP and Non-GAAP Diluted Earnings Per Share
The company said GAAP diluted earnings per share for Q1 was $1.19, compared with $(0.04) in the prior-year quarter, and non-GAAP diluted earnings per share was $1.16, compared with $0.67 in the prior-year quarter. GAAP operating income was $259 million.
Source · Based on the filing body and exhibits
Aerospace and Defense Business Sale and Debt Repayment
Coherent closed the sale of its Aerospace and Defense business, with proceeds from the sale of business of $391.1 million in the cash flow statement for Q1. The company also said it repaid $400 million of debt during the quarter and refinanced its debt.
Source · Based on the filing body and exhibits
Business Outlook for Q2
The company said revenue for the second quarter of fiscal Q2 2026 is expected to be between $1.56 billion and $1.70 billion. Non-GAAP diluted earnings per share is expected to be between $1.10 and $1.30.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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