Form 8-K

8-K — COHERENT CORP.

Accession: 0001193125-26-208972

Filed: 2026-05-06

Period: 2026-05-06

CIK: 0000820318

SIC: 3827 (OPTICAL INSTRUMENTS & LENSES)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — d57080d8k.htm (Primary)

EX-99.1 (d57080dex991.htm)

EX-99.2 (d57080dex992.htm)

GRAPHIC (g57080ex99_2p10g1.jpg)

GRAPHIC (g57080ex99_2p11g1.jpg)

GRAPHIC (g57080ex99_2p12g1.jpg)

GRAPHIC (g57080ex99_2p13g1.jpg)

GRAPHIC (g57080ex99_2p14g1.jpg)

GRAPHIC (g57080ex99_2p15g1.jpg)

GRAPHIC (g57080ex99_2p16g1.jpg)

GRAPHIC (g57080ex99_2p1g1.jpg)

GRAPHIC (g57080ex99_2p2g1.jpg)

GRAPHIC (g57080ex99_2p3g1.jpg)

GRAPHIC (g57080ex99_2p4g1.jpg)

GRAPHIC (g57080ex99_2p5g1.jpg)

GRAPHIC (g57080ex99_2p6g1.jpg)

GRAPHIC (g57080ex99_2p7g1.jpg)

GRAPHIC (g57080ex99_2p8g1.jpg)

GRAPHIC (g57080ex99_2p9g1.jpg)

GRAPHIC (g57080g48u92.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: d57080d8k.htm · Sequence: 1

8-K

false 0000820318 0000820318 2026-05-06 2026-05-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 6, 2026

Coherent Corp.

(Exact name of registrant as specified in its charter)

Pennsylvania

001-39375

25-1214948

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

375 Saxonburg Boulevard

Saxonburg, Pennsylvania 16056

(Address of Principal Executive Offices) (Zip Code)

(724) 352-4455

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, no par value

COHR

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02.

Results of Operations and Financial Condition.

On May 6, 2026, Coherent Corp. (the “Company”) issued a press release reporting its financial results for the third quarter of fiscal year 2026 ended March 31, 2026. A copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 furnished pursuant to Item 9.01, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities under that Section. Furthermore, the information in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 furnished pursuant to Item 9.01, shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933.

Item 7.01.

Regulation FD Disclosure.

A slide presentation to be used by senior management of the Company in connection with its discussions with investors and others regarding the financial results is furnished as Exhibit 99.2.

The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2 furnished pursuant to Item 9.01, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities under that Section. Furthermore, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2 furnished pursuant to Item 9.01, shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Press Release dated May 6, 2026

99.2

Investor Presentation

104.0

Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Coherent Corp.

Date: May 6, 2026

By:

/s/ Sherri Luther

Sherri Luther

Chief Financial Officer and Treasurer

EX-99.1

Filename: d57080dex991.htm · Sequence: 2

EX-99.1

Exhibit 99.1

Coherent Corp.

375 Saxonburg Blvd.

Saxonburg, PA 16056-9499

PRESS RELEASE

COHERENT CORP. REPORTS THIRD QUARTER FISCAL 2026 RESULTS

•

Q3 REVENUE OF $1.81B, INCREASED 21% Y/Y AND 27% Y/Y ON A PRO FORMA BASIS

•

Q3 GAAP GROSS MARGIN OF 37.7%, INCREASED 243 bps Y/Y; Q3 NON-GAAP

GROSS MARGIN OF 39.6%, INCREASED 105 bps Y/Y

•

Q3 GAAP EPS OF $0.97, INCREASED $1.08 Y/Y; Q3 NON-GAAP EPS OF $1.41,

INCREASED $0.50 Y/Y

SAXONBURG, Pa., May 6, 2026 (GLOBE NEWSWIRE) – Coherent Corp. (NYSE: COHR) (“Coherent,”

“We,” or the “Company”), a global leader in photonics, announced financial results today for its third quarter of fiscal year 2026 ended March 31, 2026.

Revenue for the third quarter of fiscal 2026 was $1.81 billion, with GAAP gross margin of 37.7% and GAAP net income of $0.97 per diluted share. On a non-GAAP basis, gross margin was 39.6% with net income per diluted share of $1.41.

“We delivered another quarter

of strong financial performance, with accelerating revenue growth, expanding margins, and improving profitability, driven by exceptionally strong demand across our datacenter and communications businesses,” said Jim Anderson, CEO. “As AI

datacenter infrastructure continues to scale, we are rapidly expanding capacity to meet demand. With the breadth of our photonic technology portfolio and our manufacturing scale, we believe Coherent is uniquely well positioned to capitalize on this

multi-year growth opportunity.”

Sherri Luther, CFO, said, “Significant revenue growth together with gross margin expansion drove a

year-over-year increase in our GAAP and non-GAAP EPS. We remain focused on ramping our capital investment to drive increased capacity given our strong visibility into ongoing robust demand.”

Selected Third Quarter Financial Results and Comparisons (in millions, except percentages and per share

data)

Table 1

GAAP Financial Results (unaudited)

Q3 FY26

Q2 FY26

Q3 FY25

Q/Q

Y/Y

Q3 FY26

YTD

Q3 FY25

YTD

YTD/YTD

Revenues

1,806

1,686

1,498

7.1%

20.5%

5,073

4,281

18.5%

Gross Margin %

37.7

36.9

35.2

bps

243

bps

37.1%

35.0%

213

bps

R&D Expense %

10.3

9.8

10.1

bps

10.0%

bps

SG&A Expense %

14.8

15.3

15.5

(51

) bps

(63

) bps

15.3%

15.9%

(57

) bps

Operating Expenses

479

439

456

9.2

5.1

1,238

1,213

2.0

Operating Income(1)

201

184

9.1

179.7

644

284

126.9

Operating Margin

11.1

10.9

4.8

bps

633

bps

12.7%

6.6%

606

bps

Net Earnings Attributable to Coherent Corp.

191

147

30.0

1117.6

564

145

289.3

Diluted Earnings Per Share

0.97

0.76

(0.11

)

0.21

1.08

2.92

0.30

2.62

(1)

Operating Income is defined as earnings (loss) before income taxes, interest expense, and other expense or

income, net.

Selected Third Quarter Financial Results and Comparisons (in millions, except percentages and per share data)

Table 1, continued

Non-GAAP Financial Results (unaudited)(1)(2)

Q3 FY26

Q2 FY26

Q3 FY25

Q/Q

Y/Y

Q3 FY26

YTD

Q3 FY25

YTD

YTD/YTD

Revenues

1,806

1,686

1,498

7.1

20.5

5,073

4,281

18.5

Gross Margin %

39.6

39.0

38.5

bps

105

bps

39.1

37.8

126

bps

R&D Expense %

9.9

9.4

bps

9.6

9.5

bps

SG&A Expense %

9.4

9.6

10.4

(23

) bps

(104

) bps

9.6

10.6

(98

) bps

Operating Expenses

348

321

297

8.4

17.0

973

858

13.3

Operating Income

366

336

279

8.9

31.1

1,011

762

32.7

Operating Margin

20.3

19.9

18.6

bps

163

bps

19.9

17.8

214

bps

Net Earnings Attributable to Coherent Corp.

276

248

177

11.3

55.9

745

500

49.0

Diluted Earnings Per Share

1.41

1.29

0.91

0.12

0.50

3.86

2.53

1.33

(1)

During the second fiscal quarter of 2025, the Company refined its methodology to report non-GAAP measures. The change does not impact the Company’s financial position, cash flows, or GAAP consolidated results of operations. Prior period non-GAAP financial

measures presented in this press release have been recast to conform to the current presentation.

(2)

The Company has disclosed financial measurements in this earnings release that present financial information

that are considered to be non-GAAP financial measures. These measurements are not a substitute for GAAP measurements, although the Company’s management uses these measurements as an aid in monitoring the

Company’s on-going financial performance. The non-GAAP net earnings attributable to Coherent Corp., the non-GAAP diluted

earnings per share, the non-GAAP operating income, the non-GAAP gross margin, the non-GAAP research and development, the non-GAAP selling, general and administration, the non-GAAP operating expenses, the non-GAAP interest and other (income) expense, and

the non-GAAP income taxes, measure earnings and operating income (loss), respectively, excluding non-recurring or unusual items that are considered by management to be

outside the Company’s standard operation and excluding certain non-cash items. There are limitations associated with the use of non-GAAP financial measures,

including that such measures may not be entirely comparable to similarly titled measures used by other companies, due to potential differences among calculation methodologies. Thus, there

can be no assurance whether (i) items excluded from the non-GAAP financial measures will occur in the future or (ii) there will be cash costs

associated with items excluded from the non-GAAP financial measures. The Company compensates for these limitations by using these non-GAAP financial measures as

supplements to GAAP financial measures and by providing the reconciliations of the non-GAAP financial measures to their most comparable GAAP financial measures. Investors should consider adjusted measures in

addition to, and not as a substitute for, or superior to, financial performance measures prepared in accordance with GAAP. All non-GAAP amounts exclude certain adjustments for share-based compensation,

acquired intangible amortization expense, restructuring charges (recoveries), impairments of assets held-for-sale, gains on sale of business, integration and site

consolidation expenses, integration transaction expenses, and various one-time adjustments. See Table 6 for the Reconciliation of GAAP measures to non-GAAP measures.

Business Outlook – Fourth Quarter Fiscal 2026(1)

•

Revenue for the fourth quarter of fiscal 2026 is expected to be between $1.91 billion and

$2.05 billion.

•

Gross margin percentage for the fourth quarter of fiscal 2026 is expected to be between 39.0% and 41.0% on a non-GAAP basis.

•

Total operating expenses for the fourth quarter of fiscal 2026 are expected to be between $360 million and

$380 million on a non-GAAP basis.

•

Tax rate for the fourth quarter of fiscal 2026 is expected to be between 18% and 20% on a non-GAAP basis.

•

EPS for the fourth quarter of fiscal 2026 is expected to be between $1.52 and $1.72 on a non-GAAP basis.

(1)

The Company has not provided a quantitative reconciliation of forward-looking

non-GAAP gross margin percentage, non-GAAP operating expenses, non-GAAP tax rate and

non-GAAP earnings per share, because we cannot, without unreasonable efforts, forecast certain items required to develop comparable GAAP measures. These items include, without limitation, restructuring

charges, integration, site consolidation and other expenses, foreign exchange gains (losses), and share based compensation expense. The variability of these items could significantly impact our future GAAP financial results and we believe that the

inclusion of any such reconciliations would imply a degree or precision that could be confusing or misleading to investors.

Investor

Conference Call / Webcast Details

Coherent will review the Company’s financial results for its third quarter of fiscal 2026 and business outlook

on Wednesday, May 6, at 4:30 p.m. ET. A live webcast and replay of the conference call will be available on the Investor Relations section of the Company’s website at coherent.com/company/investor-relations. The Company’s

financial guidance will be limited to the comments on its public quarterly earnings call and the public business outlook statements contained in this press release.

Additional Information and Where to Find It

connection with the conference call described above, the Company intends to file an investor presentation as an exhibit to a Current Report on Form 8-K filed with the Securities and Exchange Commission

(“SEC”) and to post the investor presentation on the Company’s website at coherent.com/company/investor-relations/investor-presentations after market close on May 6, 2026. We also may, from time to time, post other

important information for investors on our website at coherent.com/company/investor-relations. We intend to use our website as a means of disclosing material, non-public information and for complying

with our disclosure obligations under Regulation FD. Accordingly, investors should review the Investor Relations page of our website referenced above, in addition to following the Company’s press releases, SEC filings,

and public conference calls, presentations, and webcasts. Investors and security holders are able to obtain free copies of these documents through the Company’s website referenced above.

Copies of the documents filed by the Company with the SEC may be obtained free of charge on the Company’s website at coherent.com/company/investor-relations/sec-filings. The information contained

on, or that may be accessed through, the Company’s website is not incorporated by reference into, and is not part of, this release.

Forward-Looking Statements

This press release contains

statements, estimates, and projections that constitute “forward-looking statements” as defined under U.S. federal securities laws – including our estimates and projections for our business outlook for the fourth quarter of fiscal

2026, each of which is made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The forward-looking statements are subject to

certain risks and uncertainties that could cause the Company’s actual results to differ materially from its historical experience and our present expectations or projections.

The Company believes that all forward-looking statements made by it herein have a reasonable basis, but there can be no assurance that management’s

expectations, beliefs, or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ

materially from those discussed in the forward-looking statements herein include but are not limited to: (i) the failure of any one or more of the assumptions stated herein to prove to be correct; (ii) changes in demand in the

Company’s end markets along with the Company’s ability to respond to such market changes; (iii) our failure to accurately estimate customer demand and future sales and/or fluctuations in purchasing patterns of customers and end

users; (iv) the ability of the Company to retain and hire key employees; (v) the terms of the Company’s indebtedness and ability to service such debt (vi) the timely release of new products and acceptance of such new products by

the market; (vii) the introduction of new products by competitors and other competitive responses; (viii) the risks to realizing the benefits of investments in R&D and commercialization of innovations; (ix) the risks that the

Company’s stock price will not trade in line with industrial technology leaders; (x) the impact of international conflict (such as the current armed conflict in the Middle East) and economic volatility in either domestic or foreign

markets, including risks related to the impact of trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries; and/or (xi) the risks relating to forward-looking statements and other

“Risk Factors” identified from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and our subsequently filed Quarterly

Reports on Form 10-Q, which filings are available from the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company disclaims any

obligation to update information contained in these forward-looking statements, whether as a result of new information, future events or developments, or otherwise.

About Coherent

Coherent is the global photonics

leader. We harness photons to drive innovation. Industry leaders in the datacenter, communications, and industrial markets rely on Coherent’s world-leading technology to fuel their own innovation and growth.

Founded in 1971 and operating in more than 20 countries, Coherent brings the industry’s broadest,

deepest technology stack; unmatched supply chain resilience; and global scale to help its customers solve their toughest technology challenges. For more information, please visit us at coherent.com.

Contact:

Paul Silverstein

Senior VP, Investor Relations

investor.relations@coherent.com

# # #

Table 2

Coherent Corp. and Subsidiaries

Condensed Consolidated

Statements of Earnings*

THREE MONTHS ENDED

$ Millions, except per share amounts (unaudited)

Mar 31, 2026

Dec 31, 2025

Mar 31, 2025

Revenues

1,805.6

1,685.6

1,497.9

Costs, Expenses & Other Expense (Income)

Cost of goods sold

1,125.7

1,062.8

970.2

Research and development

186.0

165.7

150.7

Selling, general and administrative

267.6

258.5

231.4

Restructuring charges

34.4

3.6

73.8

Impairment of assets

held-for-sale

—

11.0

—

Gain on sale of business

(8.9

)

—

Interest expense

44.6

45.9

57.3

Other expense (income), net

(28.1

)

(29.9

)

4.6

Total Costs, Expenses, & Other Expense

1,621.3

1,517.6

1,488.0

Earnings Before Income Taxes

184.3

168.0

9.9

Income Taxes

2.7

24.2

8.1

Net Earnings

181.7

143.8

1.8

Net Loss Attributable to Noncontrolling Interests

(9.7

)

(2.9

)

(13.9

)

Net Earnings Attributable to Coherent Corp.

191.4

146.7

15.7

Less: Dividends on Preferred Stock

—

1.6

32.7

Net Earnings Available to the Common Shareholders

191.4

145.1

(17.0

)

Basic Earnings Per Share

1.01

0.87

(0.11

)

Diluted Earnings Per Share

0.97

0.76

(0.11

)

Average Shares Outstanding - Basic

190.2

167.5

155.2

Average Shares Outstanding - Diluted

196.4

192.8

155.2

Amounts may not recalculate due to rounding.

Table 2

Coherent Corp. and Subsidiaries

Condensed Consolidated

Statements of Earnings*

(Continued)

NINE MONTHS ENDED

$ Millions, except per share amounts (unaudited)

Mar 31, 2026

Mar 31, 2025

Revenues

5,072.6

4,280.7

Costs, Expenses & Other Expense (Income)

Cost of goods sold

3,190.7

2,783.5

Research and development

506.6

426.2

Selling, general and administrative

778.2

681.0

Restructuring charges

57.3

106.2

Impairment of assets

held-for-sale

20.1

—

Gain on sale of business

(124.1

)

—

Interest expense

149.2

188.2

Other expense (income), net

(74.5

)

(62.0

)

Total Costs, Expenses, & Other Expense

4,503.4

4,123.1

Earnings Before Income Taxes

569.2

157.6

Income Taxes

18.5

29.4

Net Earnings

550.7

128.2

Net Loss Attributable to Noncontrolling Interests

(13.8

)

(16.8

)

Net Earnings Attributable to Coherent Corp.

564.5

145.0

Less: Dividends on Preferred Stock

35.1

96.8

Net Earnings Available to the Common Shareholders

529.4

48.2

Basic Earnings Per Share

3.09

0.31

Diluted Earnings Per Share

2.92

0.30

Average Shares Outstanding - Basic

171.2

154.5

Average Shares Outstanding - Diluted

193.1

159.2

Amounts may not recalculate due to rounding.

Table 3

Coherent Corp. and Subsidiaries

Condensed Consolidated

Balance Sheets*

$ Millions (unaudited)

Mar 31, 2026

Jun 30, 2025

Assets

Current Assets

Cash and cash equivalents

1,592.7

909.2

Restricted cash, current

42.0

8.9

Short-term investments

825.0

—

Accounts receivable

1,187.9

964.1

Inventories

2,126.8

1,437.6

Prepaid and refundable income taxes

45.5

55.8

Prepaid and other current assets

625.3

551.6

Total Current Assets

6,445.2

3,927.2

Property, plant & equipment, net

2,420.1

1,877.5

Goodwill

4,402.4

4,471.1

Other intangible assets, net

2,958.2

3,204.7

Deferred income taxes

72.1

53.4

Restricted cash, non-current

591.0

714.8

Other assets

397.7

662.2

Total Assets

17,286.7

14,910.9

Liabilities, Mezzanine Equity and Equity

Current Liabilities

Current portion of long-term debt

9.0

188.3

Accounts payable

1,343.4

847.0

Operating lease current liabilities

52.4

41.6

Accruals and other current liabilities

708.6

718.0

Total Current Liabilities

2,113.4

1,794.8

Long-term debt

3,184.8

3,498.6

Deferred income taxes

605.8

711.7

Operating lease liabilities

178.9

165.2

Other liabilities

188.2

259.3

Total Liabilities

6,271.0

6,429.7

Total Mezzanine Equity

—

2,483.3

Total Coherent Corp. Shareholders’ Equity

10,677.0

5,644.5

Noncontrolling interests

338.7

353.5

Total Equity

11,015.7

5,998.0

Total Liabilities, Mezzanine Equity and Equity

17,286.7

14,910.9

Amounts may not recalculate due to rounding.

Table 4

Coherent Corp. and Subsidiaries

Condensed Consolidated

Statements of Cash Flows*

NINE MONTHS ENDED

$ Millions (unaudited)

Mar 31, 2026

Mar 31, 2025

Cash Flows from Operating Activities

Net cash provided by operating activities

10.1

503.3

Cash Flows from Investing Activities

Additions to property, plant & equipment

(547.2

)

(309.5

)

Proceeds from the sale of business

437.3

27.0

Proceeds from sale of equity investment

48.8

—

Purchases of short-term investments

(825.0

)

—

Other investing activities

(5.0

)

(1.0

)

Net cash used in investing activities

(891.1

)

(283.5

)

Cash Flows from Financing Activities

Proceeds from borrowings of Term A Facility

1,250.0

—

Proceeds from borrowings of Term B Facility

3.3

—

Proceeds from borrowings of revolving credit facilities

628.8

35.9

Proceeds from issuance of common shares

2,000.0

—

Payments on existing debt

(1,761.7

)

(386.0

)

Payments on borrowings under revolving credit facilities

(624.9

)

(34.1

)

Debt issuance costs

(9.1

)

—

Proceeds from exercises of stock options and purchases under employee stock purchase plan

51.8

47.5

Payments in satisfaction of employees’ minimum tax obligations

(51.6

)

(48.9

)

Payment of dividends

(11.4

)

—

Other financing activities

0.8

(0.7

)

Net cash provided by (used in) financing activities

1,475.9

(386.5

)

Effect of exchange rate changes on cash and cash equivalents

(2.0

)

3.0

Net increase (decrease) in cash and cash equivalents

592.9

(163.7

)

Cash, Cash Equivalents, and Restricted Cash at Beginning of Period

1,632.9

1,789.7

Cash, Cash Equivalents, and Restricted Cash at End of Period

2,225.8

1,626.0

Amounts may not recalculate due to rounding.

Table 5

Segment Revenues*

THREE MONTHS ENDED

NINE MONTHS ENDED

$ Millions (unaudited)

Mar 31, 2026

Dec 31, 2025

Mar 31, 2025

Mar 31, 2026

Mar 31, 2025

Revenues:

Datacenter & Communications

1,361.6

1,208.0

968.7

3,659.6

2,736.8

Industrial

444.0

477.6

529.2

1,413.0

1,543.9

Consolidated

1,805.6

1,685.6

1,497.9

5,072.6

4,280.7

Amounts may not recalculate due to rounding.

Table 6

Reconciliation of GAAP Measures to Non-GAAP Measures*

THREE MONTHS ENDED

NINE MONTHS ENDED

$ Millions, except per share amounts (unaudited)

Mar 31,

2026

Dec 31,

2025

Mar 31,

2025

Mar 31,

2026

Mar 31,

2025 (1)

Gross margin on GAAP basis

679.9

622.8

527.7

1,882.0

1,497.2

Share-based compensation

6.4

6.3

5.4

18.6

16.7

Amortization of acquired intangibles

27.9

27.7

43.7

83.4

104.5

Integration, site consolidation and

other(2)

—

0.3

—

1.7

Gross margin on non-GAAP basis

714.2

657.1

576.7

1,983.9

1,620.1

Research & development on GAAP basis

186.0

165.7

150.7

506.6

426.2

Share-based compensation

(7.4

)

(6.7

)

(5.3

)

(20.9

)

(16.3

)

Amortization of acquired intangibles

(0.2

)

(0.2

)

(3.8

)

(0.6

)

(5.1

)

Integration, site consolidation and

other(2)

—

(0.4

)

—

(0.3

)

Research & development on non-GAAP

basis

178.4

158.8

141.2

485.1

404.6

Selling, general and administrative on GAAP basis

267.6

258.5

231.4

778.2

681.0

Share-based compensation

(36.8

)

(31.6

)

(29.5

)

(100.4

)

(83.7

)

Amortization of acquired intangibles

(42.4

)

(42.6

)

(39.6

)

(126.5

)

(121.1

)

Financing fees(3)

—

(0.8

)

—

(1.1

)

—

Integration, site consolidation and

other(2)

(18.9

)

(21.1

)

(6.0

)

(62.5

)

(22.3

)

Selling, general and administrative on non-GAAP

basis

169.7

162.3

156.3

487.8

453.7

Restructuring charges on GAAP basis

34.4

3.6

73.8

57.3

106.2

Restructuring charges(4)

(34.4

)

(3.6

)

(73.8

)

(57.3

)

(106.2

)

Restructuring charges on non-GAAP basis

—

Impairment of assets

held-for-sale on GAAP basis

—

11.0

—

20.1

—

Impairment of assets

held-for-sale(5)

—

(11.0

)

—

(20.1

)

—

Impairment of assets

held-for-sale on non-GAAP basis

—

Gain on sale of business on GAAP basis

(8.9

)

—

(124.1

)

—

Gain on sale of business(6)

8.9

—

124.1

—

Gain on sale of business on non-GAAP basis

—

Operating income on GAAP basis

200.8

184.0

71.8

643.9

283.8

Share-based compensation

50.6

44.6

40.2

139.9

116.7

Amortization of acquired intangibles

70.5

87.2

210.5

230.7

Restructuring charges(4)

34.4

3.6

73.8

57.3

106.2

Impairment of assets

held-for-sale(5)

—

11.0

—

20.1

—

Gain on sale of business(6)

(8.9

)

—

(124.1

)

—

Financing fees(3)

—

0.8

—

1.1

—

Integration, site consolidation and

other(2)

18.9

21.4

6.4

62.5

24.3

Operating income on non-GAAP basis

366.1

336.0

279.3

1,011.1

761.8

Table 6

Reconciliation of GAAP Measures to Non-GAAP Measures*

(Continued)

THREE MONTHS ENDED

NINE MONTHS ENDED

$ Millions, except per share amounts (unaudited)

Mar 31,

2026

Dec 31,

2025

Mar 31,

2025

Mar 31,

2026

Mar 31,

2025 (1)

Interest and other (income) expense, net on GAAP basis

16.5

16.0

61.9

74.7

126.2

Foreign currency exchange gains (losses), net

(0.9

)

2.4

(16.7

)

2.3

8.6

Gain on sale of investment(7)

14.1

14.8

—

35.6

—

Financing fees(3)

—

(12.1

)

—

Interest and other (income) expense, net on non-GAAP

basis

29.7

33.2

45.1

100.5

134.8

Income taxes on GAAP basis

2.7

24.2

8.1

18.5

29.4

Tax impact of non-GAAP measures(8)

61.3

33.4

50.4

154.6

101.8

Income taxes on non-GAAP basis

64.1

57.5

58.5

173.2

131.2

Net earnings attributable to Coherent Corp. on GAAP basis

191.4

146.7

15.7

564.5

145.0

Share-based compensation

50.6

44.6

40.2

139.9

116.7

Amortization of acquired intangibles

70.5

87.2

210.5

230.7

Foreign currency exchange gains

0.9

(2.4

)

16.7

(2.3

)

(8.6

)

Restructuring charges(4)

34.4

3.6

73.8

57.3

106.2

Impairment of assets

held-for-sale(5)

—

11.0

—

20.1

—

Gain on sale of business(6)

(8.9

)

—

(124.1

)

—

Integration, site consolidation and

other(2)

18.9

21.4

6.4

62.5

24.3

Gain on sale of investment(7)

(14.1

)

(14.8

)

—

(35.6

)

—

Financing fees(3)

—

0.8

—

13.2

—

Non-controlling interest impact of non-GAAP items

(6.0

)

—

(12.3

)

(6.0

)

(12.3

)

Tax impact of non-GAAP measures(8)

(61.3

)

(33.4

)

(50.4

)

(154.6

)

(101.8

)

Net earnings attributable to Coherent Corp. on non-GAAP

basis

276.2

248.2

177.2

745.3

500.3

Per share data:

Net earnings on GAAP basis

Basic Earnings Per Share

1.01

0.87

(0.11

)

3.09

0.31

Diluted Earnings Per Share

0.97

0.76

(0.11

)

2.92

0.30

Net earnings on non-GAAP basis

Basic Earnings Per Share

1.45

1.47

0.93

4.15

2.61

Diluted Earnings Per Share

1.41

1.29

0.91

3.86

2.53

Amounts may not recalculate due to rounding.

(1)

measures presented in this press release have been recast to conform to the current presentation.

(2)

Integration, site consolidation and other costs include retention and severance payments and other integration

costs related to the acquisition of Coherent, Inc., implementation of common technology systems and costs related to the business divestitures.

(3)

Financing fees include debt extinguishment costs and various fees related to closing the new Credit Agreement

and repricing our Term Loan B as well as the conversion of Preferred Stock to Common Stock.

(4)

Restructuring charges include non-cash impairment charges for

production assets and improvements on leased facilities, loss on sale of a facility, severance, contract termination costs and other costs related to the restructuring plans.

(5)

Impairment of assets

held-for-sale relate to several entities classified as held-for-sale at December 31,

2025, September 30, 2025 and/or June 30, 2025.

(6)

Gain on sale of business is due to the sale of our aerospace and defense and Munich tools businesses.

(7)

Gain on sale of investment is due to the sale of shares in an equity method investment.

(8)

The Company adopted a full-year, normalized tax rate for the computation of the

non-GAAP income tax provision for fiscal year 2026. We believe this approach provides investors with a more consistent view of our underlying operating performance. In estimating the full-year non-GAAP normalized tax rate, the Company utilized a full-year financial projection that considers multiple factors such as changes to the Company’s current operating structure, expected reserve changes for

the year, and other significant tax matters to the extent they are applicable to the full fiscal year financial projection. In addition to the adjustments described above, this normalized tax rate excludes the impact of share-based awards,

amortization of acquisition-related intangible assets, integration and restructuring charges, foreign exchange gain/(loss), and certain tax valuation allowances.

For fiscal year 2026, the Company’s projected non-GAAP normalized tax rate is 19% and will be

applied to each quarter of fiscal year 2026. The Company’s non-GAAP normalized tax rate on non-GAAP net income may be adjusted during the year to account for

events or trends that the Company believes materially impact the original annual non-GAAP normalized tax rate including, but not limited to, significant changes resulting from tax legislation, acquisitions or

dispositions, entity structures or operational changes and other significant events. These additional non-GAAP financial measures should not be considered substitutes for any measures derived in accordance

with GAAP and may be inconsistent with similar measures presented by other companies.

Table 7

GAAP Earnings Per Share Calculation*

THREE MONTHS ENDED

NINE MONTHS ENDED

$ Millions, except per share amounts (unaudited)

Mar 31,

2026

Dec 31,

2025

Mar 31,

2025

Mar 31,

2026

Mar 31,

2025 (1)

Numerator

Net earnings attributable to Coherent Corp.

191.4

146.7

15.7

564.5

145.0

Deduct Series B redeemable preferred dividends

—

(1.6

)

(32.7

)

(35.1

)

(96.8

)

Basic earnings (loss) available to common shareholders

191.4

145.1

(17.0

)

529.4

48.2

Effect of dilutive securities:

Add back Series B preferred dividends

—

1.6

—

35.1

—

Diluted earnings (loss) available to common shareholders

191.4

146.7

(17.0

)

564.5

48.2

Denominator

Weighted average shares

190.2

167.5

155.2

171.2

154.5

Effect of dilutive securities:

Common stock equivalents

6.1

5.5

—

5.4

4.7

Series B Redeemable Preferred Stock

—

19.8

—

16.6

—

Diluted weighted average common shares

196.4

192.8

155.2

193.1

159.2

Basic earnings (loss) per common share

1.01

0.87

(0.11

)

3.09

0.31

Diluted earnings (loss) per common share

0.97

0.76

(0.11

)

2.92

0.30

Amounts may not recalculate due to rounding.

Table 8

Non-GAAP Earnings Per Share Calculation*

THREE MONTHS ENDED

NINE MONTHS

$ Millions, except per share amounts (unaudited)

Mar 31, 2026

Dec 31, 2025

Mar 31, 2025

Mar 31, 2026

Mar 31, 2025 (1)

Numerator

Net earnings attributable to Coherent Corp.

276.2

248.2

177.2

745.3

500.3

Deduct Series B redeemable preferred dividends

—

(1.6

)

(32.7

)

(35.1

)

(96.8

)

Basic earnings available to common shareholders

276.2

246.6

144.6

710.2

403.5

Effect of dilutive securities:

Add back Series B preferred dividends

—

1.6

—

35.1

—

Diluted earnings available to common shareholders

276.2

248.2

144.6

745.3

403.5

Denominator

Weighted average shares

190.2

167.5

155.2

171.2

154.5

Effect of dilutive securities:

Common stock equivalents

6.1

5.5

4.0

5.4

4.7

Series B Redeemable Preferred Stock

—

19.8

—

16.6

—

Diluted weighted average common shares

196.4

192.8

159.1

193.1

159.2

Basic earnings per common share

1.45

1.47

0.93

4.15

2.61

Diluted earnings per common share

1.41

1.29

0.91

3.86

2.53

Amounts may not recalculate due to rounding.

(1)

measures presented in this press release have been recast to conform to the current presentation.

EX-99.2

Filename: d57080dex992.htm · Sequence: 3

EX-99.2

Exhibit 99.2 INVESTOR PRESENTATION Third Quarter Fiscal 2026 May 6, 2026

FORWARD-LOOKING STATEMENTS This presentation contains forward-looking

statements relating to future events and expectations, including our expectations regarding our estimates and projections for our business outlook for the fourth quarter of fiscal 2026, each of which is based on certain assumptions and

contingencies. The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company’s performance on a going-forward basis. The forward-looking

statements in this investor presentation involve risks and uncertainties, which could cause actual results, performance, or trends to differ materially from those described in this presentation. The Company believes that all forward-looking

statements made by it in this presentation have a reasonable basis, but there can be no assurance that management’s expectations, beliefs, or projections as expressed in the forward-looking statements will actually occur or prove to be

correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this presentation include but are not limited to: (i) the

failure of any one or more of the assumptions stated herein to prove to be correct; (ii) changes in demand in the Company’s end markets along with the Company’s ability to respond to such market changes; (iii) our failure to accurately

estimate customer demand and future sales accurately and/or fluctuations in purchasing patterns of customers and end users; (iv) the ability of the Company to retain and hire key employees; (v) the terms of the Company’s indebtedness and

ability to service such debt; (vi) the timely release of new products and acceptance of such new products by the market; (vii) the introduction of new products by competitors and other competitive responses; (viii) the risks to realizing the

benefits of investments in R&D and commercialization of innovations; (ix) the risks that the Company’s stock price will not trade in line with industrial technology leaders; (x) the impact of international conflict (such as the current

armed conflict in the Middle East) and economic volatility in either domestic or foreign markets, including risks related to the impact of trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other

countries; and/or (xi) the risks relating to forward-looking statements and other “Risk Factors” identified from time to time in our filings with the Securities and Exchange Commission (“SEC”), including our Annual Report on

Form 10-K for the fiscal year ended June 30, 2025, and our subsequently filed Quarterly Reports on Form 10-Q, which filings are available from the SEC. The Company disclaims any obligation to update information contained in these forward-looking

statements, whether as a result of new information, future events or developments, or otherwise. Unless otherwise indicated in this presentation, all information in this presentation is as of May 6, 2026. This presentation contains non-GAAP

financial measures and key metrics relating to the Company’s past performance. We believe the presentation of these non-GAAP financial measures enhances investors' overall understanding of our historical financial performance and assists

investors in comparing our performance across reporting periods. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP. There are a

number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their

performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. As required by Regulation G, we have provided reconciliations of those measures to the most directly comparable GAAP measures in the

section captioned “GAAP to NON-GAAP RECONCILIATION.” The Company has not provided a quantitative reconciliation of forward-looking non-GAAP gross margin percentage, non-GAAP operating expenses, non-GAAP tax rate and non-GAAP earnings per

share, because we cannot, without unreasonable efforts, forecast certain items required to develop comparable GAAP measures. These items include, without limitation, restructuring charges; integration, site consolidation and other expenses; foreign

exchange gains (losses); and share based compensation expense. The variability of these items could significantly impact our future GAAP financial results and we believe that the inclusion of any such reconciliations would imply a degree or

GROSS MARGIN AND EARNINGS PER SHARE GAAP TO NON-GAAP RECONCILIATIONS $

Millions (Unaudited) Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Gross margin on GAAP basis 680 623 579 546 528 Share-based compensation 6 6 6 6 5 Amortization of acquired intangibles 28 28 28 31 44 Integration, site

consolidation and other — — — — — Gross margin on non-GAAP basis 714 657 613 582 577 $ for EPS, $ Millions for shares (Unaudited) Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Common shares, GAAP

190.2 167.5 156.2 155.5 155.2 Effect of dilutive securities: Common stock equivalents 6.1 5.5 4.6 — — Series B Redeemable Preferred Stock — 19.8 29.9 — — Diluted weighted average common shares, 196.4 192.8 190.7 155.5

155.2 GAAP Common shares, Non-GAAP 190.2 167.5 156.2 155.5 155.2 Effect of dilutive securities: Common stock equivalents 6.1 5.5 4.6 3.7 4.0 Series B Redeemable Preferred Stock — 19.8 29.9 — — Diluted weighted average common

shares, 196.4 192.8 190.7 159.2 159.1 Non-GAAP Net earnings (loss) attributable to Coherent Corp., GAAP Basic Earnings (Loss) Per Share 1.01 0.87 1.24 (0.83) (0.11) Diluted Earnings (Loss) Per Share 0.97 0.76 1.19 (0.83) (0.11) Net earnings

Q3 FY26 NON-GAAP FINANCIAL RESULTS Revenue Growth Acceleration and Gross

Margin Expansion Driven by Datacenter Demand REVENUE GROSS MARGIN EARNINGS PER SHARE * * * 27% 105BP 55% $1.41 in Q3 FY26 vs. $0.91 in Q3 FY25 39.6% in Q3 FY26 vs. 38.5% in Q3 FY25 $1.80B in Q3 FY26 vs. $1.41B in Q3 FY25* Coherent Enters the S&P

500® as Scale and Leadership Accelerate NVIDIA and Coherent Partner on Advanced Laser and Optical Networking Products for AI Datacenters Revenue Mix Reflects Rapid Growth of Datacenter & Communications Segment* INDUSTRIAL 25% DATACENTER

& COMMUNICATIONS INDUSTRIAL 75% DATACENTER & 41% 2%* COMMUNICATIONS Q3 FY26/Q3 FY25 Q3 FY26/Q3 FY25 *Revenue and revenue growth are shown on a pro forma basis to exclude for all periods revenue from the sale of our former Aerospace &

Defense business, which closed on September 2, 2025 and our Munich, Germany business, which closed on January 30, 2026. Gross margin and earnings per share are based on financial results reported May 6, 2026. Please refer to reconciliation of GAAP

to Non-GAAP gross margin, and reconciliation of GAAP and Non-GAAP EPS. 4 C Co op py yr riig gh htt 2 20 02 26 6,, C Co oh he er re en ntt.. A Allll r riig gh htts s r re es se er rv ve ed d..

QUARTERLY REVENUE BY MARKET SEGMENT Quarterly Revenue Trend 2,000 1,806

1,686 1,800 1,581 1,529 1,600 1,498 1,400 1,200 1,000 800 600 400 200 0 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Industrial 529 511 491 478 444 Datacenter and 969 1,018 1,090 1,208 1,362 Communications 5 Copyright 2026, Coherent. All rights reserved.

Revenue ($M)

BUILDING THE NEXT-GEN AI DATACENTER Meeting customer demands for

scalable, high-performance and efficient infrastructure SCALING ACCELERATING ENHANCING CAPACITY PERFORMANCE EFFICIENCY • Ramping Datacenter and Communications • Multiple CPO architectures, Silicon Photonics, • Advanced thermal and

cooling solutions for capacity – end to end, from materials to systems InP, and VCSEL, enable flexible networks dense, high performance AI environments • On track to double internal InP output by • 400G/lane links delivering higher

bandwidth • Improved power efficiency per bit across year-end and more than double again by 2027 and faster data transfer optical systems • 6-inch platform producing EMLs, CW lasers, and • Advanced multi-rail optical transport

INVESTING TO EXPAND TECHNOLOGY LEADERSHIP AND UNMATCHED MANUFACTURING

SCALE Recent Announcements SCALING INDIUM PHOSPHIDE (InP) STRENGTHENING U.S. EXTENDING PLATFORM LEADERSHIP IN NEXT-GEN AI WAFER PRODUCTION IN TEXAS MANUFACTURING FOOTPRINT End-to-end optical integration, Increasing InP output to Advancing U.S.

capacity from devices to manufacturing support accelerating 6-inch expansion and manufacturing scale, positions Coherent to wafer demand, positioning resilience, supported by lead next-generation AI Coherent at the forefront of AI NVIDIA’s $2B

ENTERING A NEW PHASE OF ACCELERATED GROWTH New Growth Optical Circuit

Switch Multi-rail Thermal Solutions CPO/NPO Engines Adding $20B+ Incremental SAM New Revenue Now H2 2026 H1 2027 H2 2027 Transceivers DCI Transceivers Transport/Transmission Optical Components Existing Growth 1.6T, 3.2T, 6.4T ZR/ZR+ Engines $50B+

(1) FOURTH QUARTER FISCAL 2026 OUTLOOK REVENUE $1.91 billion to $2.05

billion NON-GAAP GROSS MARGIN 39.0% to 41.0% NON-GAAP OPERATING EXPENSES $360 million to $380 million NON-GAAP TAX RATE 18% to 20% NON-GAAP EARNINGS PER SHARE $1.52 to $1.72 (1) The Company has not provided a quantitative reconciliation of

forward-looking non-GAAP gross margin percentage, non-GAAP operating expenses, non-GAAP tax rate and non-GAAP earnings per share, because we cannot, without unreasonable efforts, forecast certain items required to develop comparable GAAP measures.

These items include, without limitation, restructuring charges, integration, site consolidation and other expenses, foreign exchange gains (losses), and share based compensation expense. The variability of these items could significantly impact our

future GAAP financial results and we believe that the inclusion of any such reconciliations would imply a degree or precision that could be confusing or misleading to investors. 9 Copyright 2026, Coherent. All rights reserved.

reserved.

* GROSS MARGIN RECONCILIATION $ Millions (Unaudited) Mar 31, 2026 Dec

31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Gross margin on GAAP basis 680 623 579 546 528 Share-based compensation 6 6 6 6 5 Amortization of acquired intangibles 28 28 28 31 44 Integration, site consolidation and other — — —

* OPERATING EXPENSES RECONCILIATION $ Millions (Unaudited) Mar 31, 2026

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 R&D on GAAP basis 186 166 155 156 151 Share-based compensation (7) (7) (7) (6) (5) Amortization of acquired intangibles — — — — (4) R&D on non-GAAP basis 178 159 148

149 141 SG&A on GAAP basis 268 259 252 245 231 Share-based compensation (37) (32) (32) (33) (30) Amortization of acquired intangibles (42) (43) (42) (41) (40) Financing fees — (1) — — — Integration, site consolidation and

other (19) (21) (23) (14) (6) SG&A on non-GAAP basis 170 162 156 157 156 Restructuring on GAAP basis 34 4 19 54 74 Restructuring (34) (4) (19) (54) (74) Restructuring on non-GAAP basis — — — — — Impairment of assets

held-for-sale on GAAP — 11 9 85 — basis Impairment of assets held-for-sale — (11) (9) (85) — Impairment of assets held-fo-sale on non- — — — — — GAAP basis Gain on sale of business on GAAP basis

rights reserved.

* INCOME FROM OPERATIONS RECONCILIATION $ Millions (Unaudited) Mar 31,

2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Op. income on GAAP basis 201 184 259 6 72 Share-based compensation 51 45 45 44 40 Amortization of acquired intangibles 71 71 70 72 87 Restructuring charges 34 4 19 54 74 Financing fees —

1 — — — Impairment of assets held-for-sale — 11 9 85 — Gain on sale of business (9) — (115) — — Integration, site consolidation and other 19 21 22 14 6 Op. income on non-GAAP basis 366 336 309 275 279

* NET EARNINGS RECONCILIATION $ Millions (Unaudited) Mar 31, 2026 Dec

31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Net earnings (loss) attributable to Coherent 191 147 226 (96) 16 Corp. on GAAP basis Share-based compensation 51 45 45 44 40 Amortization of acquired intangibles 71 71 70 72 87 Foreign currency exch.

(gains) losses 1 (2) (1) 37 17 Restructuring charges 34 4 19 54 74 Impairment of assets held-for-sale — 11 9 85 — Gain on sale of business (9) — (115) — — Integration, site consolidation and other 19 21 22 14 6 Gain on

sale of investment (14) (15) (7) — — Financing fees — 1 12 — — Non-controlling interest impact of non-GAAP (6) — — — (12) items Tax impact of non-GAAP measures (61) (33) (60) (18) (51) . Net earnings

* NET EARNINGS PER COMMON SHARE $ for EPS, $ Millions for shares

(Unaudited) Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Common shares, GAAP 190.2 167.5 156.2 155.5 155.2 Effect of dilutive securities: Common stock equivalents 6.1 5.5 4.6 — — Series B Redeemable Preferred Stock

— 19.8 29.9 — — Diluted weighted average common shares, 196.4 192.8 190.7 155.5 155.2 GAAP Common shares, Non-GAAP 190.2 167.5 156.2 155.5 155.2 Effect of dilutive securities: Common stock equivalents 6.1 5.5 4.6 3.7 4.0 Series B

Redeemable Preferred Stock — 19.8 29.9 — — Diluted weighted average common shares, 196.4 192.8 190.7 159.2 159.1 Non-GAAP Net earnings (loss) attributable to Coherent Corp., GAAP Basic Earnings (Loss) Per Share 1.01 0.87 1.24

(0.83) (0.11) Diluted Earnings (Loss) Per Share 0.97 0.76 1.19 (0.83) (0.11) Net earnings attributable to Coherent Corp., non-GAAP Basic Earnings Per Share 1.45 1.47 1.20 1.02 0.93 Diluted Earnings Per Share 1.41 1.29 1.16 1.00 0.91 * Amounts may

coherent.com/company/investor-relations

GRAPHIC

Filename: g57080ex99_2p10g1.jpg · Sequence: 7

Binary file (90680 bytes)

Download g57080ex99_2p10g1.jpg

GRAPHIC

Filename: g57080ex99_2p11g1.jpg · Sequence: 8

Binary file (116796 bytes)

Download g57080ex99_2p11g1.jpg

GRAPHIC

Filename: g57080ex99_2p12g1.jpg · Sequence: 9

Binary file (191868 bytes)

Download g57080ex99_2p12g1.jpg

GRAPHIC

Filename: g57080ex99_2p13g1.jpg · Sequence: 10

Binary file (137371 bytes)

Download g57080ex99_2p13g1.jpg

GRAPHIC

Filename: g57080ex99_2p14g1.jpg · Sequence: 11

Binary file (167318 bytes)

Download g57080ex99_2p14g1.jpg

GRAPHIC

Filename: g57080ex99_2p15g1.jpg · Sequence: 12

Binary file (188440 bytes)

Download g57080ex99_2p15g1.jpg

GRAPHIC

Filename: g57080ex99_2p16g1.jpg · Sequence: 13

Binary file (51199 bytes)

Download g57080ex99_2p16g1.jpg

GRAPHIC

Filename: g57080ex99_2p1g1.jpg · Sequence: 14

Binary file (90468 bytes)

Download g57080ex99_2p1g1.jpg

GRAPHIC

Filename: g57080ex99_2p2g1.jpg · Sequence: 15

Binary file (498270 bytes)

Download g57080ex99_2p2g1.jpg

GRAPHIC

Filename: g57080ex99_2p3g1.jpg · Sequence: 16

Binary file (223660 bytes)

Download g57080ex99_2p3g1.jpg

GRAPHIC

Filename: g57080ex99_2p4g1.jpg · Sequence: 17

Binary file (237563 bytes)

Download g57080ex99_2p4g1.jpg

GRAPHIC

Filename: g57080ex99_2p5g1.jpg · Sequence: 18

Binary file (97852 bytes)

Download g57080ex99_2p5g1.jpg

GRAPHIC

Filename: g57080ex99_2p6g1.jpg · Sequence: 19

Binary file (264032 bytes)

Download g57080ex99_2p6g1.jpg

GRAPHIC

Filename: g57080ex99_2p7g1.jpg · Sequence: 20

Binary file (248714 bytes)

Download g57080ex99_2p7g1.jpg

GRAPHIC

Filename: g57080ex99_2p8g1.jpg · Sequence: 21

Binary file (199267 bytes)

Download g57080ex99_2p8g1.jpg

GRAPHIC

Filename: g57080ex99_2p9g1.jpg · Sequence: 22

Binary file (170209 bytes)

Download g57080ex99_2p9g1.jpg

GRAPHIC

Filename: g57080g48u92.jpg · Sequence: 23

Binary file (8499 bytes)

Download g57080g48u92.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 25

v3.26.1

Document and Entity Information

May 06, 2026

Cover [Abstract]

Amendment Flag

false

Entity Central Index Key

0000820318

Document Type

8-K

Document Period End Date

May 06, 2026

Entity Registrant Name

Coherent Corp.

Entity Incorporation State Country Code

Entity File Number

001-39375

Entity Tax Identification Number

25-1214948

Entity Address, Address Line One

375 Saxonburg Boulevard

Entity Address, City or Town

Saxonburg

Entity Address, State or Province

Entity Address, Postal Zip Code

16056

City Area Code

(724)

Local Phone Number

352-4455

Written Communications

false

Soliciting Material

false

Pre Commencement Tender Offer

false

Pre Commencement Issuer Tender Offer

false

Security 12b Title

Common Stock, no par value

Trading Symbol

COHR

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration