COHERENT CORP.
For the period ended Dec 31, 2025. Filed Feb 4, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2025 · Filed Feb 4, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Equity and Mezzanine Equity –
Coherent Corp and Subsidiaries
Condensed Consolidated Statements of Equity and Mezzanine Equity (Unaudited)
($000, including share amounts)
| Common Stock · AOCI · Retained Earnings · Treasury Stock · NCI · Total · Mezzanine Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Pref Shares · Amount | ||||||||||
| Balance - June 30, 2025 | 171,849 | $5,056,168 | $372,037 | $584,374 | (16,294) | $(368,065) | $353,508 | $5,998,022 | 215 | $2,483,261 |
| Share-based and deferred compensation | 1,810 | 62,558 | — | — | (412) | (37,443) | — | 25,115 | — | — |
| Net earnings (loss) | — | — | — | 226,349 | — | — | (1,153) | 225,196 | — | — |
| Foreign currency translation adjustments | — | — | (27,156) | — | — | — | (441) | (27,597) | — | — |
| Change in fair value of interest rate instruments, net of taxes of $(1,188) | — | — | (4,388) | — | — | — | — | (4,388) | — | — |
| Pension adjustment, net of taxes of $0 | — | — | (756) | — | — | — | — | (756) | — | — |
| Dividends | — | — | — | (33,479) | — | — | — | (33,479) | — | 22,041 |
| Balance - September 30, 2025 | 173,659 | $5,118,726 | $339,737 | $777,244 | (16,706) | $(405,508) | $351,914 | $6,182,113 | 215 | $2,505,302 |
| Share-based and deferred compensation | 405 | 48,679 | — | — | (57) | (7,172) | — | 41,507 | — | — |
| Conversion of Series B preferred stock | 30,122 | 2,506,885 | — | — | — | — | — | 2,506,885 | (215) | (2,506,885) |
| Net earnings (loss) | — | — | — | 146,717 | — | — | (2,903) | 143,814 | — | — |
| Foreign currency translation adjustments | — | — | 19,197 | — | — | — | (23) | 19,174 | — | — |
| Change in fair value of interest rate instruments, net of taxes of $(969) | — | — | (3,487) | — | — | — | — | (3,487) | — | — |
| Pension adjustment, net of taxes of $0 | — | — | (99) | — | — | — | — | (99) | — | — |
| Dividends | — | — | — | (1,623) | — | — | — | (1,623) | — | 1,583 |
| Balance - December 31, 2025 | 204,186 | $7,674,290 | $355,348 | $922,338 | (16,763) | $(412,680) | $348,988 | $8,888,284 | — | $— |
| Common Stock · AOCI · Retained Earnings · Treasury Stock · Total · Mezzanine Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · NCI · Pref Shares · Amount | ||||||||||
| Balance - June 30, 2024 | 168,408 | $4,857,657 | $2,640 | $664,940 | (15,629) | $(315,122) | $371,392 | $5,581,507 | 215 | $2,364,772 |
| Share-based and deferred compensation | 2,136 | 56,015 | — | 3 | (399) | (29,923) | — | 26,095 | — | — |
| Net earnings (loss) | — | — | — | 25,887 | — | — | (1,026) | 24,861 | — | — |
| Foreign currency translation adjustments | — | — | 289,723 | — | — | — | 551 | 290,274 | — | — |
| Change in fair value of interest rate instruments, net of taxes of $(4,397) | — | — | (18,755) | — | — | — | — | (18,755) | — | — |
| Pension adjustment, net of taxes of $0 | — | — | (155) | — | — | — | — | (155) | — | — |
| Dividends | — | — | — | (31,833) | — | — | — | (31,833) | — | 31,833 |
| Balance - September 30, 2024 | 170,544 | $4,913,672 | $273,453 | $658,997 | (16,028) | $(345,045) | $370,917 | $5,871,994 | 215 | $2,396,605 |
| Share-based and deferred compensation | 571 | 43,407 | — | (3) | (143) | (14,212) | — | 29,192 | — | — |
| Net earnings (loss) | — | — | — | 103,385 | — | — | (1,843) | 101,542 | — | — |
| Foreign currency translation adjustments | — | — | (431,314) | — | — | — | (950) | (432,264) | — | — |
| Change in fair value of interest rate instruments, net of taxes of $2,199 | — | — | (1,426) | — | — | — | — | (1,426) | — | — |
| Pension adjustment, net of taxes $0 | — | — | (429) | — | — | — | — | (429) | — | — |
| Dividends | — | — | — | (32,262) | — | — | — | (32,262) | — | 32,262 |
| Balance - December 31, 2024 | 171,115 | $4,957,079 | $(159,716) | $730,117 | (16,171) | $(359,257) | $368,124 | $5,536,347 | 215 | $2,428,867 |
Note 1. Basis of Presentation
Basis of Presentation
The condensed consolidated financial statements of Coherent Corp. (“Coherent”, the “Company”, “we”, “us” or “our”) for the three and six months ended December 31, 2025 and 2024 are unaudited. In the opinion of management, all adjustments considered necessary for a fair presentation for the periods presented have been included. All adjustments are of a normal recurring nature unless disclosed otherwise. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted. These condensed consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2025 filed with the Securities and Exchange Commission (the “SEC”) on August 15, 2025 and in Exhibit 99.1 to our Current Report on Form 8-K dated December 16, 2025 in which we retrospectively recast historical segment reporting to reflect our current organizational structure. The condensed consolidated results of operations for the three and six months ended December 31, 2025 are not necessarily indicative of the results to be expected for the full fiscal year. The Condensed Consolidated Balance Sheet information as of June 30, 2025 was derived from the Company’s audited consolidated financial statements.
Certain prior year amounts have been reclassified for consistency with the current year presentation.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.