Coherent Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Coherent Inc (COHR). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Networking | – | $2.00B 64.5% | $2.20B 66.2% · +9.6% | $2.34B 45.4% · +6.5% | $2.30B 48.8% · -1.9% | $3.42B 58.9% · +49.0% |
| Lasers | – | $0 0.0% | $0 0.0% | $1.47B 28.5% | $1.40B 29.6% · -5.0% | $1.43B 24.7% · +2.8% |
| Materials | – | $1.10B 35.5% | $1.12B 33.8% · +1.6% | $1.35B 26.2% · +20.6% | $1.02B 21.6% · -24.7% | $953.8M 16.4% · -6.2% |
| Photonic Solutions | $1.54B 65.2% | – | – | – | – | – |
| Compound Semiconductors | $821.2M 34.8% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Networking | – | $201.5M 10.1% | – | – | – | – |
| Lasers | – | $0 | – | – | – | – |
| Materials | – | $227.4M 20.6% | – | – | – | – |
| Photonic Solutions | $49.9M 3.2% | – | – | – | – | – |
| Compound Semiconductors | $62.3M 7.6% | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America | – | – | $1.77B 53.4% | $2.75B 53.2% · +55.0% | $2.62B 55.7% · -4.5% | $3.56B 61.4% · +35.9% |
| Europe | $437.9M 18.4% | $567.7M 18.3% · +29.6% | $623.2M 18.8% · +9.8% | $979.9M 19.0% · +57.2% | $714.3M 15.2% · -27.1% | $698.8M 12.0% · -2.2% |
| China | $483.4M 20.3% | $680.5M 21.9% · +40.8% | $614.4M 18.5% · -9.7% | $577.2M 11.2% · -6.1% | $621.9M 13.2% · +7.8% | $680.1M 11.7% · +9.4% |
| Rest of World | $190.0M 8.0% | $93.8M 3.0% · -50.6% | $111.2M 3.4% · +18.5% | $464.6M 9.0% · +318.0% | $408.1M 8.7% · -12.2% | $475.7M 8.2% · +16.6% |
| Japan | $183.6M 7.7% | $203.7M 6.6% · +10.9% | $196.5M 5.9% · -3.5% | $392.5M 7.6% · +99.7% | $340.9M 7.2% · -13.2% | $390.6M 6.7% · +14.6% |
| North America | $1.09B 45.6% | $1.56B 50.2% · +43.8% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.