Here are the 10-K annual reports from Coherent Corp. (COHR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow COHR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full COHR filings page.
Coherent Corp. develops and manufactures lasers, optical components, transceivers, and engineered materials for datacenter & communications and industrial markets, supported by a vertically integrated global footprint. Effective July 1, 2025, it reorganized into two reportable segments: Datacenter & Communications and Industrial.
The company is heavily focused on AI-driven datacenter growth, expanding 6-inch InP and GaAs manufacturing and its Sherman, Texas facility, and has a multi-year supply agreement with NVIDIA plus a $50 million preliminary CHIPS and Science Act memorandum to support this expansion. It invested $723 million in R&D in fiscal 2026, up from prior years, and held approximately 51,478 employees worldwide as of June 30, 2026, with a diversified global manufacturing base and significant human-capital programs.
Key risks highlighted include dependence on cyclical AI and datacenter demand, large customer concentration (two customers over 10% of revenue in 2026), reliance on limited and rare-earth suppliers, substantial debt with restrictive covenants, cybersecurity threats, evolving AI regulation, and exposure to trade controls and environmental, health, and safety laws.