Coherent Operating Margin Growth & History (COHR)
Coherent's operating margin was 11.91% for fiscal 2026.
View full Coherent company overviewCoherent annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-06-30 | 11.91% | +10.29 pp |
| 2025 | 2025-06-30 | 1.62% | −0.42 pp |
| 2024 | 2024-06-30 | 2.04% | +2.76 pp |
| 2023 | 2023-06-30 | −0.72% | −13.21 pp |
| 2022 | 2022-06-30 | 12.49% | −0.46 pp |
| 2021 | 2021-06-30 | 12.95% | +11.29 pp |
| 2020 | 2020-06-30 | 1.66% | −9.25 pp |
| 2019 | 2019-06-30 | 10.91% | −0.89 pp |
| 2018 | 2018-06-30 | 11.80% | −0.09 pp |
| 2017 | 2017-06-30 | 11.89% | +0.79 pp |
| 2016 | 2016-06-30 | 11.10% | +0.75 pp |
| 2015 | 2015-06-30 | 10.35% | +3.55 pp |
| 2014 | 2014-06-30 | 6.80% | −6.17 pp |
| 2013 | 2013-06-30 | 12.97% | −2.81 pp |
| 2012 | 2012-06-30 | 15.79% | −4.45 pp |
| 2011 | 2011-06-30 | 20.24% | +5.37 pp |
| 2010 | 2010-06-30 | 14.87% | −0.98 pp |
| 2009 | 2009-06-30 | 15.85% | — |
Coherent quarterly operating margin
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q4 2026 | 2026-06-30 | 13.62% | +17.76 pp |
| Q3 2026 | 2026-03-31 | 10.21% | +9.55 pp |
| Q2 2026 | 2025-12-31 | 9.97% | +1.02 pp |
| Q1 2026 | 2025-09-30 | 13.72% | +12.28 pp |
| Q4 2025 | 2025-06-30 | −4.15% | −8.96 pp |
| Q3 2025 | 2025-03-31 | 0.66% | −1.18 pp |
| Q2 2025 | 2024-12-31 | 8.95% | +6.13 pp |
| Q1 2025 | 2024-09-30 | 1.43% | +3.46 pp |
| Q4 2024 | 2024-06-30 | 4.81% | +17.69 pp |
| Q3 2024 | 2024-03-31 | 1.85% | −3.59 pp |
| Q2 2024 | 2023-12-31 | 2.82% | +2.22 pp |
| Q1 2024 | 2023-09-30 | −2.02% | −5.18 pp |
| Q4 2023 | 2023-06-30 | −12.88% | −25.76 pp |
| Q3 2023 | 2023-03-31 | 5.43% | −7.47 pp |
| Q2 2023 | 2022-12-31 | 0.60% | −11.57 pp |
| Q1 2023 | 2022-09-30 | 3.16% | −8.80 pp |
| Q4 2022 | 2022-06-30 | 12.88% | +0.85 pp |
| Q3 2022 | 2022-03-31 | 12.90% | +2.04 pp |
| Q2 2022 | 2021-12-31 | 12.17% | −2.92 pp |
| Q1 2022 | 2021-09-30 | 11.95% | −1.94 pp |
| Q4 2021 | 2021-06-30 | 12.03% | +2.98 pp |
| Q3 2021 | 2021-03-31 | 10.86% | −0.15 pp |
| Q2 2021 | 2020-12-31 | 15.09% | +26.89 pp |
| Q1 2021 | 2020-09-30 | 13.89% | +19.32 pp |
| Q4 2020 | 2020-06-30 | 9.04% | −2.18 pp |
| Q3 2020 | 2020-03-31 | 11.01% | +1.92 pp |
| Q2 2020 | 2019-12-31 | −11.79% | −23.35 pp |
| Q1 2020 | 2019-09-30 | −5.43% | −17.26 pp |
| Q4 2019 | 2019-06-30 | 11.23% | −1.24 pp |
| Q3 2019 | 2019-03-31 | 9.09% | −2.61 pp |
| Q2 2019 | 2018-12-31 | 11.55% | +0.01 pp |
| Q1 2019 | 2018-09-30 | 11.83% | +0.45 pp |
| Q4 2018 | 2018-06-30 | 12.46% | −0.57 pp |
| Q3 2018 | 2018-03-31 | 11.70% | −0.16 pp |
| Q2 2018 | 2017-12-31 | 11.54% | −0.16 pp |
| Q1 2018 | 2017-09-30 | 11.39% | +0.69 pp |
| Q4 2017 | 2017-06-30 | 13.04% | +1.06 pp |
| Q3 2017 | 2017-03-31 | 11.85% | +2.40 pp |
| Q2 2017 | 2016-12-31 | 11.71% | +0.33 pp |
| Q1 2017 | 2016-09-30 | 10.69% | −0.79 pp |
| Q4 2016 | 2016-06-30 | 11.97% | +0.17 pp |
| Q3 2016 | 2016-03-31 | 9.45% | −0.21 pp |
| Q2 2016 | 2015-12-31 | 11.38% | +2.02 pp |
| Q1 2016 | 2015-09-30 | 11.48% | +1.05 pp |
| Q4 2015 | 2015-06-30 | 11.80% | +3.98 pp |
| Q3 2015 | 2015-03-31 | 9.67% | +4.63 pp |
| Q2 2015 | 2014-12-31 | 9.35% | +3.78 pp |
| Q1 2015 | 2014-09-30 | 10.44% | +1.46 pp |
| Q4 2014 | 2014-06-30 | 7.82% | −5.49 pp |
| Q3 2014 | 2014-03-31 | 5.04% | −7.59 pp |
| Q2 2014 | 2013-12-31 | 5.57% | −10.25 pp |
| Q1 2014 | 2013-09-30 | 8.98% | −1.20 pp |
| Q4 2013 | 2013-06-30 | 13.31% | −2.77 pp |
| Q3 2013 | 2013-03-31 | 12.62% | −1.89 pp |
| Q2 2013 | 2012-12-31 | 15.82% | +3.46 pp |
| Q1 2013 | 2012-09-30 | 10.18% | −7.61 pp |
| Q4 2012 | 2012-06-30 | 16.08% | −3.50 pp |
| Q3 2012 | 2012-03-31 | 14.51% | −6.31 pp |
| Q2 2012 | 2011-12-31 | 12.36% | −7.66 pp |
| Q1 2012 | 2011-09-30 | 17.78% | −2.77 pp |
| Q4 2011 | 2011-06-30 | 19.58% | +0.95 pp |
| Q3 2011 | 2011-03-31 | 20.82% | +6.01 pp |
| Q2 2011 | 2010-12-31 | 20.02% | +9.29 pp |
| Q1 2011 | 2010-09-30 | 20.55% | +7.74 pp |
| Q4 2010 | 2010-06-30 | 18.62% | — |
| Q3 2010 | 2010-03-31 | 14.81% | — |
| Q2 2010 | 2009-12-31 | 10.73% | — |
| Q1 2010 | 2009-09-30 | 12.82% | — |
Coherent operating margin trends
Over the last five fiscal years, Coherent's operating margin decreased from 12.95% to 11.91%, a change of −1.04 percentage points. The latest reported quarter, Q4 2026, shows 13.62%.
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Coherent source filings ↗Community posts
Coherent introduces PhotonLink platform for AI optical connectivity
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Coherent expands high-capacity pluggable optical networking systems
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