Coherent Inc (COHR)
Net profit margin
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 49,496 | 65,243 | 36,345 | -94,031 | -187,565 | -285,946 | -270,213 | -288,294 | -259,458 | -54,880 | -8,424 | 104,305 | 200,385 | 239,457 | 264,534 | 277,877 | 266,761 | 252,606 | 184,448 | 5,235 |
| Revenue (ttm) | US$ in thousands | 5,810,280 | 5,595,240 | 5,306,170 | 5,002,600 | 4,707,600 | 4,598,290 | 4,629,670 | 4,868,520 | 5,160,090 | 4,842,002 | 4,429,536 | 3,866,075 | 3,316,616 | 3,237,660 | 3,193,168 | 3,172,918 | 3,105,891 | 3,044,175 | 2,887,984 | 2,767,746 |
| Net profit margin | 0.85% | 1.17% | 0.68% | -1.88% | -3.98% | -6.22% | -5.84% | -5.92% | -5.03% | -1.13% | -0.19% | 2.70% | 6.04% | 7.40% | 8.28% | 8.76% | 8.59% | 8.30% | 6.39% | 0.19% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $49,496K ÷ $5,810,280K
= 0.85%
The net profit margin of Coherent Inc demonstrates significant variability over the analyzed period. Starting from a minimal 0.19% as of September 30, 2020, the margin experienced a substantial increase through the subsequent quarters, reaching a peak of approximately 8.76% by September 30, 2021. This upward trend indicates improved profitability and operational efficiency during that period.
Following this peak, the net profit margin declined gradually, returning to roughly 8.28% by December 31, 2021, and then decreasing further to around 6.04% as of June 30, 2022. The downward trend continued into late 2022 and early 2023, culminating in negative territory at -0.19% on December 31, 2022. This indicates a transition from profitability to net losses.
Throughout 2023, the margin remained in negative territory, reaching -5.92% by September 30, 2023. The negative margins persisted into early 2024, with the lowest point observed at -6.22% on March 31, 2024. During this period, the firm's profitability was notably impaired, reflecting either increased costs, decreased revenues, or both.
Starting from the second quarter of 2024, there was a gradual turnaround, with the net profit margin moving towards positive figures. By December 31, 2024, it recovered slightly to 0.68%, and further improved to 1.17% as of March 31, 2025. The latest data shows a margin of 0.85% on June 30, 2025, indicating a modest return to profitability.
In summary, Coherent Inc's net profit margin exhibits a cycle of growth, subsequent decline into losses, and an emerging recovery trend toward positive profitability. The volatility suggests periods of operational challenges and potential restructuring or strategic adjustments aimed at restoring margin levels.
Peer comparison
Jun 30, 2025