A vertically integrated maker of lasers, optical transceivers, and engineered materials, Coherent supplies the parts powering datacenters, fiber networks, industrial manufacturing, and life-science tools. Founded in 1966 in Palo Alto to build the first commercial lasers, it merged with II-VI Inc. in 2022 — a name drawn from two columns of the periodic table — keeping the Coherent brand. Its transceivers now feed AI datacenters under a supply pact with NVIDIA.
CUSIP: 19247G107TechnologyUS4 holders
Jul 1, 2022 — Created from Coherent Corp in a merger (1:1)
NVIDIA invests $2B in Coherent private placement of 7.79M shares at $256.80
On March 2, 2026, Coherent Corp. entered into a Securities Purchase Agreement with NVIDIA Corporation.
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Coherent issued and sold 7,788,161 shares of common stock to NVIDIA at $256.80 per share, for an aggregate purchase price of $2 billion in cash.
The shares were sold in a private placement exempt under Section 4(a)(2) of the Securities Act of 1933.
NVIDIA's investment will support Coherent's R&D, capacity expansion, and U.S.-based manufacturing footprint.
The companies also announced a collaboration giving NVIDIA access to five additional Coherent product families related to co-packaged optics for AI infrastructure.
3.02 Unregistered Sales of Equity Securities · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Coherent Corp. reports Q2 FY2026 revenue of $1.69B, up 17% Y/Y, with non-GAAP EPS of $1.29.
Q2 FY2026 revenue was $1.69 billion, up 17.5% year-over-year, and up 22% on a pro forma basis adjusted for the sale of the Aerospace & Defense business.
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GAAP gross margin was 36.9%, up 145 basis points year-over-year; non-GAAP gross margin was 39.0%, up 77 basis points year-over-year.
GAAP diluted EPS was $0.76, up 71% year-over-year; non-GAAP diluted EPS was $1.29, up 35% year-over-year.
For Q3 FY2026, the company expects revenue between $1.70 billion and $1.84 billion, non-GAAP gross margin between 38.5% and 40.5%, and non-GAAP EPS between $1.28 and $1.48.
The company closed the sale of its Munich tools product division at the end of January 2026; Q3 outlook includes $5 million of revenue from that business prior to the close.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Coherent Corp. enters waiver agreement with Bain Capital to waive preferred stock dividends.
Bain Capital retains a substantial ownership position in Coherent despite selling a portion of its holdings and making charitable distributions.
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On November 20, 2025, Coherent Corp. entered into a Waiver Agreement with Bain Capital, holder of its Series B-1 and B-2 Convertible Preferred Stock.
Bain Capital irrevocably and unconditionally waived all rights to receive dividends on any or all shares of the Series B Preferred Stock on or after the date of the agreement.
The waiver is intended to align Bain Capital's interests with those of common shareholders and support Coherent's strategic priorities.
The agreement was reported under Item 8.01 as an other event, not tied to a specified item like earnings or M&A.
Coherent Corp. shareholders elect five Class Two directors and approve executive compensation and auditor ratification at 2025 Annual Meeting.
Shareholders elected Enrico DiGirolamo, David L. Motley, Lisa Neal-Graves, Shaker Sadasivam, and Michelle Sterling as Class Two Directors to serve until the 2028 annual meeting.
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Coherent Corp. held its Annual Meeting of Shareholders on November 13, 2025, with 87.62% of votes present.
The non-binding advisory vote on executive compensation (Proposal 2) was approved with 147,235,758 votes for, 5,194,005 against, and 663,697 abstentions.
Shareholders ratified the selection of Ernst & Young LLP as independent auditor for fiscal year ending June 30, 2026, with 161,561,608 votes for.
The report was filed under Item 5.07 to disclose the results of these shareholder votes.
5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits