OverviewSuggest Edit
Coherent is a provider of lasers, laser-based technologies, and laser-based system solutions. It operates through two segments: OEM Laser Sources (OLS) and Industrial Lasers and Systems (ILS). The company designs, manufactures, and markets lasers, laser tools, precision optics, and related accessories. Coherent serves microelectronics, machine tools, automotive, medical diagnostics, industrial, commercial, and other sectors.
| Type | Public | |
| Founded | 1966 | |
| HQ | Santa Clara, CA, US | Map |
| Website | coherent.com | |
| Employee Ratings | More | |
| Overall Culture | D+ | More |
Recent NewsAll News
- Coherent Laser FrameWork Software Platform Improves Cutting, Welding, and Marking Productivity
- Coherent BeamInspect Puts Laser Beam Metrology into Production
- Effective, Economical, Precision Laser Process Monitoring with Coherent SmartSense+
- Fully Automated ExactMark 210 TL Delivers Low-Cost, High-Volume Marking
Key People/Management at Coherent
Andy Mattes
President, Chief Executive Officer, Director
Kevin Palatnik
Executive Vice President, Chief Financial Officer
Mark S. Sobey
Executive Vice President, Chief Operating Officer
Bret DiMarco
Executive Vice President, Chief Legal Officer and Corporate Secretary
Garry Rogerson
Chair of the Board
Jay T. Flatley
Director
Coherent Office Locations
Coherent has offices in Santa Clara, Bloomfield, East Granby, Monrovia and in 42 other locations
Santa Clara, CA, US (HQ)
5100 Patrick Henry Dr
Bloomfield, CT, US
1280 Blue Hills Ave
East Granby, CT, US
7 Airport Park Rd
Monrovia, CA, US
850 E Duarte Rd
Nuevo Leon, TX, US
1130 N International Blvd
Plymouth, MI, US
40984 Concept Dr
Coherent Financials and Metrics
Coherent Revenue
Coherent's revenue was reported to be $1.49 b in FY, 2021 which is a 21% increase from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2022) | 384.5m |
Gross profit (Q1, 2022) | 167.6m |
Gross profit margin (Q1, 2022), % | 43.6% |
Net income (Q1, 2022) | 30.3m |
EBIT (Q1, 2022) | 42.5m |
Market capitalization (13-May-2022) | 6.7b |
Closing stock price (13-May-2022) | 269.4 |
Cash (1-Jan-2022) | 392.6m |
EV | 6.7b |
Coherent's current market capitalization is $6.7 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 383.1m | 372.9m | 339.2m | 320.8m | 293.1m | 298.3m | 326.1m | 374.0m | 395.8m | 384.5m |
Cost of goods sold | 233.8m | 242.1m | 241.2m | 211.5m | 199.0m | 203.1m | 206.1m | 233.0m | 239.8m | 216.9m |
Gross profit | 149.4m | 130.7m | 98.0m | 109.3m | 94.1m | 95.3m | 120.0m | 141.0m | 156.0m | 167.6m |
Gross profit Margin, % | 39% | 35% | 29% | 34% | 32% | 32% | 37% | 38% | 39% | 44% |
Annual
Annual
Coherent Operating Metrics
Coherent's Backlog was reported to be $717.1m in FY, 2021.
| FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | |
|---|---|---|---|---|---|---|---|---|
Backlog | $328.3 m | $309.5 m | $605.3 m | $1.04 b | $759.9 m | $502.1 m | $548 m | $717.1 m |
Backlog (Specialty Lasers and Systems) | $253 m | $219.3 m | $515.2 m | $801.4 m | $488.8 m | $309.5 m | $354.5 m | $426 m |
Backlog (Commercial Lasers and Components) | $75.3 m | $90.2 m | $90.1 m | $238.6 m | $271.1 m | $192.6 m | $193.5 m | $291.1 m |
Patents Issued | 427 | 484 | 565 | 700 | 725 | 785 | 880 | 890 |
Coherent Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Electro-Optics Technology | April 19, 2021 | $29.3 m |
| Ondax | October 05, 2018 | $12 m |
| OR Laser | March 08, 2018 | $47.4 m |
| Rofin - Sinar | March 16, 2016 | $942 m |
| Raydiance | July 28, 2015 | |
| Tinsley Laboratories | July 01, 2015 | $4.3 m |
| LUMERA LASER | December 20, 2012 | $52 m |
| Innolight Innovative Laser and Systemtechnik | November 05, 2012 | $18.3 m |
| MiDaz Lasers | November 01, 2012 | $3.8 m |
| Hypertronics | November 05, 2010 | $14.5 m |
Coherent Revenue Breakdown
Coherent revenue breakdown by business segment: 38.6% from Industrial Lasers & Systems and 61.4% from OEM Laser Sources
Coherent revenue breakdown by geographic segment: 18.4% from South Korea, 9.3% from Europe, Other, 9.2% from Asia-Pacific, Other, 8.0% from Japan, 22.6% from United States, 18.4% from China, 9.4% from Germany and 4.7% from Other
Coherent Cybersecurity Score
Coherent Environment, Social & Governance (ESG) Ratings
Coherent Online and Social Media Presence
2.53k Twitter followers
Coherent has 2.53k Twitter Followers. The number of followers has increased 1.5% month over month and increased 4.3% quarter over quarter
Coherent's Trends
Twitter Engagement Stats for @CoherentInc
4.1k
Tweets
425
Following
2.5k
Followers
59
Tweets last 30 days
3.1
Avg. likes per Tweet
89.8%
Tweets with engagement
Coherent Company Culture
Overall Culture
D+
63/100
CEO Rating
C-
63/100
Compensation
C+
68/100
Coherent News and Updates
April 12, 2022
Coherent Laser FrameWork Software Platform Improves Cutting, Welding, and Marking Productivity
Our integrated software platform for Coherent laser systems brings together job setup, processing, automation, and connectivity to deliver better results and higher throughput.
April 12, 2022
Coherent BeamInspect Puts Laser Beam Metrology into Production
Coherent is excited to announce a solution to this problem with BeamInspect – a laser beam diagnostic accessory that integrates directly into our StarCut Tube, ExactCut, and ExactWeld laser machines. It delivers all the measurement capabilities you need to fine tune your process to perfection – and …
April 12, 2022
Effective, Economical, Precision Laser Process Monitoring with Coherent SmartSense+
Coherent makes laser process monitoring easier and more accessible than ever with the introduction of SmartSense+. This accessory enables improved laser processing results and better reproducibility, and also provides traceability and documentation data. The latter is particularly vital in medical d…
February 28, 2022
Fully Automated ExactMark 210 TL Delivers Low-Cost, High-Volume Marking
The popular ExactMark family of compact laser marking systems has been expanded to support cost-optimized marking of high-volume parts and components. The new ExactMark 210 TL series features flexible tray loading/unloading and positioning, with fully automated operation, including mark QC. This mea…
February 09, 2022
Coherent, Inc. Reports First Fiscal Quarter Results
Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its first fiscal quarter ended January 1, 2022.
December 07, 2021
Coherent and Cañada College Create Photonics Certificate
The invention of the microprocessor unlocked a new era of human development; no aspect of our lives is untouched by it. However, the time has come to look beyond electrons.
Coherent Frequently Asked Questions
When was Coherent founded?
Coherent was founded in 1966.
Who are Coherent key executives?
Coherent's key executives are Andy Mattes, Kevin Palatnik and Mark S. Sobey.
How many employees does Coherent have?
Coherent has 5,085 employees.
What is Coherent revenue?
Latest Coherent annual revenue is $1.5 b.
What is Coherent revenue per employee?
Latest Coherent revenue per employee is $292.5 k.
Who are Coherent competitors?
Competitors of Coherent include nLIGHT, MKS Instruments and Excelitas Technologies.
Where is Coherent headquarters?
Coherent headquarters is located at 5100 Patrick Henry Dr, Santa Clara.
Where are Coherent offices?
Coherent has offices in Santa Clara, Bloomfield, East Granby, Monrovia and in 42 other locations.
How many offices does Coherent have?
Coherent has 51 offices.
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