
• Reported GAAP EPS of $1.01 up 1018.18% YoY • Reported revenue of $1.81B up 20.55% YoY • Coherent expects fourth quarter fiscal 2026 revenue between $1.91B and $2.05B, with non-GAAP gross margin of 39.0% to 41.0% and non-GAAP EPS between $1.52 and $1.72.
Bullish
Coherent delivered strong Q3 financial performance with accelerating revenue growth and expanding margins, driven by robust datacenter and communications demand, positioning the company for multi-year AI growth.
Bearish
Coherent faces risks from fluctuating end-market demand, international conflict, and economic volatility, alongside a significant decrease in net cash provided by operating activities.