COHR, US19247G1076

Coherent stock posts 50% Q1 revenue gain as FY27 outlook rises

Published on 11/05/2026 at 16:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coherent stock reported record fiscal Q1 revenue of 2.37 billion US dollars. Management expects fiscal 2027 pro forma growth to exceed 60%.

Coherent strengthens its growth outlook

Datacenter and Communications led the quarter as AI infrastructure demand supported optical connectivity.
Management issued second-quarter revenue and adjusted earnings guidance.
Gross-margin expansion improved both GAAP and non-GAAP profitability.

COHR, US19247G1076, Illustration mit AI erstellt.

Coherent reported a strong start to fiscal 2027 on November 4, with first-quarter revenue rising 49.9 percent year over year to 2.37 billion US dollars. The company also lifted its fiscal 2027 pro forma revenue-growth outlook to more than 60 percent, according to its investor-relations release.

AI connectivity drives quarterly growth

Datacenter and Communications revenue reached 1.95 billion US dollars, up 79 percent from the year-earlier quarter. Industrial revenue declined to 418.6 million US dollars, leaving AI-related optical connectivity as the main growth engine.

GAAP diluted earnings per share rose to 1.90 US dollars from 1.19 US dollars a year earlier. Non-GAAP diluted earnings per share increased to 2.09 US dollars from 1.16 US dollars, while non-GAAP gross margin expanded to 40.6 percent.

Management sets a higher bar

For the second quarter of fiscal 2027, Coherent expects revenue between 2.55 billion and 2.75 billion US dollars and non-GAAP diluted earnings per share between 2.28 and 2.48 US dollars. Management also expects the first quarter with non-GAAP gross margin above 45 percent before the end of calendar 2028.

Coherent stock traded at 157.28 euros on Lang & Schwarz at 16:07 CET on Thursday, November 5. The real-time quote of Coherent stock is available separately.

Investors will focus next on whether Coherent can convert AI-driven demand into sustained margin expansion while funding production capacity.

The S&P 500 market reports provide the broader US equity context.

More news and analyses on Coherent stock