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Optics·COHR

Coherent Corp.

NYSE · US

Optical materials, lasers, transceivers, datacom components, and photonic subsystems supplier.

AI relevance

Core optical component and transceiver supplier for high-bandwidth AI data center interconnects.

Optics Transceivers

Price

$288.36

Change

-1.67 (-0.58%)

Market cap

$56.4B

52w range

$86–$440

Exchange

NYSE

Country

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Price chart

COHR market performance

Daily close for Coherent Corp.

Latest close: $288.3
Range move: +$201.7 (+233.0%)
Range high: $426.9
Range low: $86.60
Latest volume: 4.7M
Source: FMP EOD

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Exports

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CSV

Income statement

12 annual rows

Revenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.

Annual

Balance sheet

12 annual rows

Cash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.

Annual

Cash flow

12 annual rows

Operating cash flow, capital expenditures, and free cash flow.

Annual

Key metrics

12 annual rows

Enterprise value, valuation multiples, returns, yields, and cash conversion.

Annual

Ratios

12 annual rows

Margins, liquidity ratios, valuation ratios, leverage, and per-share metrics.

Annual

Chart data

1255 rows

Five years of daily close and volume data powering the company chart.

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Transcript list

65 rows

Available earnings-call transcript dates by fiscal year and quarter.

Download

StreetBuy

Analyst expectations

Consensus target

$389.00

+34.9%

Target range

$230.00 - $455.00

Rating mix

Buy

31 ratings

Next FY revenue

$10.60B

2027-06-30

Next FY EPS

$9.44

$8.04 - $11.14

Rating consensus31 ratings

Strong buy

Buy

Hold

Sell

Strong sell

Annual estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2027-06-30	$10.60B	$10.45B - $10.86B	$9.44	$8.04 - $11.14	$1.74B	$825.6M	$1.97B	$579.2M	16 rev / 12 EPS
2028-06-30	$14.58B	$12.85B - $15.93B	$14.05	$12.19 - $16.72	$2.40B	$1.14B	$3.01B	$796.4M	13 rev / 9 EPS
2029-06-30	$19.15B	$17.90B - $22.68B	$18.53	$16.52 - $22.56	$3.15B	$1.49B	$4.09B	$1.05B	5 rev / 1 EPS

Quarterly estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-09-30	$2.30B	$2.24B - $2.31B	$1.97	$1.86 - $2.21	$377.6M	$178.8M	$398.9M	$125.5M	11 rev / 13 EPS
2026-12-30	$2.53B	$2.48B - $2.64B	$2.19	$1.94 - $2.68	$415.4M	$196.7M	$442.2M	$138.0M	11 rev / 13 EPS
2027-03-30	$2.77B	$2.70B - $2.85B	$2.47	$2.39 - $2.56	$455.0M	$215.5M	$498.7M	$151.2M	5 rev / 5 EPS
2027-06-30	$3.01B	$2.94B - $3.10B	$2.74	$2.65 - $2.84	$495.4M	$234.6M	$553.0M	$164.6M	5 rev / 5 EPS
2027-09-30	$3.24B	$3.16B - $3.33B	$2.98	$2.89 - $3.10	$532.0M	$252.0M	$603.4M	$176.8M	8 rev / 5 EPS
2027-12-30	$3.48B	$3.39B - $3.58B	$3.26	$3.16 - $3.39	$571.8M	$270.8M	$659.3M	$190.0M	5 rev / 5 EPS
2028-03-30	$3.68B	$3.59B - $3.79B	$3.52	$3.41 - $3.66	$604.8M	$286.4M	$711.7M	$201.0M	4 rev / 6 EPS
2028-06-30	$3.92B	$3.83B - $4.04B	$3.80	$3.68 - $3.94	$645.2M	$305.6M	$767.6M	$214.4M	5 rev / 6 EPS

Price target history

Window	Targets	Average target
Last month	4	$427.00
Last quarter	5	$428.60
Last year	27	$269.48
All time	58	$169.64

Sources: StreetInsider, TheFly, Benzinga

Latest grade actions

Date	Firm	Action	Previous	New
2026-08-13	Jefferies	Maintain	Buy	Buy
2026-08-13	B. Riley Securities	Maintain	Neutral	Neutral
2026-08-13	Needham	Maintain	Buy	Buy
2026-08-13	Rosenblatt	Maintain	Buy	Buy
2026-08-13	Morgan Stanley	Maintain	Equal Weight	Equal Weight
2026-07-02	Raymond James	Maintain	Strong Buy	Strong Buy
2026-06-25	Rosenblatt	Maintain	Buy	Buy
2026-05-07	TD Cowen	Maintain	Buy	Buy

Historical rating snapshots

Date	Strong buy	Buy	Hold
2026-08-01	4	13	5
2026-07-01	4	14	5
2026-06-01	4	14	5
2026-05-01	4	13	5
2026-04-01	4	12	5
2026-03-01	4	12	5
2026-02-01	4	11	5
2026-01-01	4	11	5

FinancialsFY 2026

Financials

Revenue

$2.05B

Gross margin

38.5%

Operating income

$278.5M

Free cash flow

-$1.02B

Cash + ST investments

$1.99B

Net debt

$2.38B

ROE

2.2%

ROIC

1.5%

EV / sales

38.9x

EV / EBITDA

249.0x

R&D / revenue

10.6%

Current ratio

2.4x

Income statement annual

Period	Revenue	Gross profit	Gross margin	R&D	Operating income	EBITDA	Net income	EPS
FY 2026	$2.05B	$787.0M	38.5%	$216.4M	$278.5M	$319.6M	$240.5M	$1.23
FY 2025	$5.81B	$2.06B	35.4%	$581.9M	$548.9M	$1.11B	$49.4M	$-0.52
FY 2024	$4.71B	$1.46B	30.9%	$478.8M	$123.2M	$700.6M	-$156.2M	$-1.84
FY 2023	$5.16B	$1.78B	34.6%	$499.6M	$280.0M	$613.0M	-$259.5M	$-2.93
FY 2022	$3.32B	$1.27B	38.2%	$377.1M	$414.3M	$689.8M	$234.8M	$1.57
FY 2021	$3.11B	$1.18B	37.9%	$330.1M	$402.1M	$682.6M	$297.6M	$2.50
FY 2020	$2.38B	$878.9M	36.9%	$339.1M	$127.2M	$348.1M	-$67.0M	$-0.79
FY 2019	$1.36B	$521.3M	38.3%	$139.2M	$148.7M	$243.6M	$107.5M	$1.69
FY 2018	$1.16B	$462.2M	39.9%	$116.9M	$136.8M	$221.3M	$88.0M	$1.41
FY 2017	$972.0M	$388.4M	40.0%	$96.8M	$115.6M	$189.2M	$95.3M	$1.52
FY 2016	$827.2M	$312.8M	37.8%	$60.4M	$91.8M	$149.7M	$65.5M	$1.07
FY 2015	$742.0M	$271.6M	36.6%	$51.3M	$76.8M	$136.1M	$66.0M	$1.08

Cash flow annual

Period	Operating cash flow	Capex	Free cash flow
FY 2026	$79.5M	$1.10B	-$1.02B
FY 2025	$633.6M	$440.8M	$192.8M
FY 2024	$545.7M	$346.8M	$198.9M
FY 2023	$634.0M	$436.1M	$198.0M
FY 2022	$413.3M	$314.3M	$99.0M
FY 2021	$574.4M	$146.3M	$428.0M
FY 2020	$297.3M	$136.9M	$160.4M
FY 2019	$178.5M	$137.1M	$41.4M
FY 2018	$161.0M	$153.4M	$7.6M
FY 2017	$118.6M	$138.5M	-$19.9M
FY 2016	$123.0M	$58.2M	$64.8M
FY 2015	$129.4M	$52.3M	$77.1M

Balance sheet annual

Period	Cash + ST inv.	Receivables	Inventory	PP&E	Assets	Debt	Net debt	Liabilities	Equity
FY 2026	$1.99B	$1.34B	$2.58B	$21.29B	$18.30B	$3.54B	$2.38B	$7.06B	$10.90B
FY 2025	$909.2M	$1.02B	$1.44B	$1.88B	$14.91B	$3.89B	$2.98B	$6.43B	$8.13B
FY 2024	$926.0M	$848.5M	$1.29B	$1.82B	$14.49B	$4.30B	$3.38B	$6.54B	$7.57B
FY 2023	$821.3M	$901.5M	$1.27B	$1.78B	$13.71B	$4.49B	$3.67B	$6.48B	$7.23B
FY 2022	$2.58B	$700.3M	$902.6M	$1.36B	$7.84B	$2.44B	-$144.2M	$3.46B	$4.38B
FY 2021	$1.59B	$659.0M	$695.8M	$1.24B	$6.51B	$1.53B	-$65.9M	$2.38B	$4.13B
FY 2020	$493.0M	$598.1M	$619.8M	$1.21B	$5.23B	$2.37B	$1.88B	$3.16B	$2.08B
FY 2019	$204.9M	$269.6M	$296.3M	$582.8M	$1.95B	$467.0M	$262.1M	$820.6M	$1.13B
FY 2018	$247.0M	$215.0M	$248.3M	$524.9M	$1.76B	$439.0M	$192.0M	$737.4M	$1.02B
FY 2017	$271.9M	$193.4M	$203.7M	$367.7M	$1.48B	$365.4M	$93.5M	$576.7M	$900.6M
FY 2016	$218.4M	$164.8M	$175.1M	$242.9M	$1.21B	$235.3M	$16.9M	$429.6M	$782.3M
FY 2015	$173.6M	$140.8M	$164.4M	$203.8M	$1.06B	$176.0M	$2.3M	$329.1M	$729.1M

Annual ratios and key metrics

Period	Gross margin	Op margin	Net margin	Current	Quick	ROE	ROIC	EV / sales	EV / EBITDA	FCF yield	R&D / rev.	Cash cycle
FY 2026	38.5%	13.6%	11.8%	2.4x	1.5x	2.2%	1.5%	38.9x	249.0x	-1.3%	10.6%	436d
FY 2025	35.4%	9.4%	0.8%	2.2x	1.4x	0.6%	1.3%	2.9x	15.2x	1.4%	10.0%	122d
FY 2024	30.9%	2.6%	-3.3%	2.7x	1.8x	-2.1%	0.9%	3.1x	20.6x	1.8%	10.2%	139d
FY 2023	34.6%	5.4%	-5.0%	3.0x	1.8x	-3.6%	1.6%	2.1x	17.4x	2.8%	9.7%	158d
FY 2022	38.2%	12.5%	7.1%	3.4x	2.7x	5.4%	4.9%	1.5x	7.4x	1.9%	11.4%	160d
FY 2021	37.9%	12.9%	9.6%	4.1x	3.2x	7.2%	5.8%	2.5x	11.6x	5.4%	10.6%	153d
FY 2020	36.9%	5.3%	-2.8%	2.7x	1.7x	-3.2%	2.7%	2.5x	16.9x	4.0%	14.2%	177d
FY 2019	38.3%	10.9%	7.9%	3.0x	1.9x	9.5%	7.3%	1.9x	10.8x	1.7%	10.2%	155d
FY 2018	39.9%	11.8%	7.6%	3.2x	2.2x	8.6%	6.4%	2.5x	13.1x	0.3%	10.1%	151d
FY 2017	40.0%	11.9%	9.8%	3.8x	2.7x	10.6%	7.1%	2.3x	11.8x	-0.9%	10.0%	159d
FY 2016	37.8%	11.1%	7.9%	3.4x	2.4x	8.4%	6.3%	1.4x	7.8x	5.6%	7.3%	159d
FY 2015	36.6%	10.4%	8.9%	3.7x	2.5x	9.0%	6.8%	1.6x	8.6x	6.6%	6.9%	162d

Annual growth

Period	Revenue	Gross profit	R&D	Op income	Net income	EPS	FCF	Capex	Cash + ST inv.	Inventory	Assets	Debt
FY 2026	-64.8%	-61.7%	-62.8%	-49.3%	+387.2%	+336.5%	-630.9%	-150.2%	+118.5%	+79.5%	+22.7%	-9.1%
FY 2025	+23.4%	+41.3%	+21.5%	+345.7%	+131.6%	+71.7%	-3.1%	-27.1%	-1.8%	+11.8%	+2.9%	-9.5%
FY 2024	-8.8%	-18.4%	-4.2%	-56.0%	+39.8%	+37.2%	+0.5%	+20.5%	+12.8%	+1.1%	+5.7%	-4.1%
FY 2023	+55.6%	+41.0%	+32.5%	-32.4%	-210.5%	-286.6%	+100.0%	-38.7%	-68.2%	+41.0%	+74.8%	+84.1%
FY 2022	+6.8%	+7.5%	+14.2%	+3.0%	-21.1%	-37.2%	-76.9%	-114.8%	+62.2%	+29.7%	+20.5%	+59.8%
FY 2021	+30.5%	+34.0%	-2.6%	+216.2%	+543.9%	+416.5%	+166.8%	-6.9%	+222.9%	+12.3%	+24.4%	-35.7%
FY 2020	+74.7%	+68.6%	+143.7%	-14.5%	-162.3%	-146.7%	+287.9%	+0.2%	+140.7%	+109.2%	+167.9%	+408.5%
FY 2019	+17.6%	+12.8%	+19.1%	+8.7%	+22.2%	+19.9%	+445.8%	+10.6%	-17.1%	+19.3%	+10.9%	+6.4%
FY 2018	+19.2%	+19.0%	+20.7%	+18.4%	-7.6%	-7.2%	+138.1%	-10.8%	-9.1%	+21.9%	+19.2%	+20.1%
FY 2017	+17.5%	+24.2%	+60.4%	+25.9%	+45.5%	+42.1%	-130.7%	-138.1%	+24.5%	+16.3%	+21.9%	+55.3%
FY 2016	+11.5%	+15.2%	+17.7%	+19.5%	-0.7%	-0.9%	-15.9%	-11.2%	+25.8%	+6.5%	+14.5%	+33.7%
FY 2015	+8.6%	+19.8%	+20.5%	+65.2%	+71.6%	+74.2%	+16.3%	-79.0%	-0.6%	-0.9%	-1.3%	-27.3%

SegmentsFY 2026

Revenue Mix

Period	Total	Lasers Segment	Materials Segment	Industrial Segment
FY 2026	$1.84B	--	--	$1.84B
FY 2025	$2.39B	$1.43B	$953.8M	--
FY 2024	$2.41B	$1.40B	$1.02B	--
FY 2023	$2.82B	$1.47B	$1.35B	--

Period	Total	North America	Europe	UNITED STATES	CHINA	JAPAN	Rest Of World	Other Countries	Rest of World
FY 2026	$7.12B	$4.63B	$814.2M	--	$813.4M	$390.4M	--	$466.6M	--
FY 2025	$5.81B	$3.56B	$698.8M	--	$680.1M	$390.6M	$475.7M	--	--
FY 2024	$4.71B	$2.62B	$714.3M	--	$621.9M	$340.9M	$408.1M	--	--
FY 2023	$5.16B	--	$979.9M	$2.75B	$577.2M	$392.5M	--	--	$464.6M

Transcripts

Events

Next earnings

2026-11-04EPS est $1.97

Recent filings

42026-08-20
10-K2026-08-14
8-K2026-08-12

Latest news

Does Coherent's Valuation Leave Enough Room for Upside?
Zacks Investment Research · 2026-08-21
A Single Meta Data Center Will Require “8 Million Miles of Fiber.” These Stocks Are Cashing In On the 802 Data Centers Currently Under Construction
24/7 Wall Street · 2026-08-21

Analyst expectations

Consensus target

$389.00

+34.9%

Target range

$230.00 - $455.00

Rating mix

Buy

31 ratings

Next FY revenue

$10.60B

2027-06-30

Next FY EPS

$9.44

$8.04 - $11.14

Rating consensus31 ratings

Strong buy

Buy

Hold

Sell

Strong sell

Annual estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2027-06-30	$10.60B	$10.45B - $10.86B	$9.44	$8.04 - $11.14	$1.74B	$825.6M	$1.97B	$579.2M	16 rev / 12 EPS
2028-06-30	$14.58B	$12.85B - $15.93B	$14.05	$12.19 - $16.72	$2.40B	$1.14B	$3.01B	$796.4M	13 rev / 9 EPS
2029-06-30	$19.15B	$17.90B - $22.68B	$18.53	$16.52 - $22.56	$3.15B	$1.49B	$4.09B	$1.05B	5 rev / 1 EPS

Quarterly estimates

Period	Revenue avg	Revenue range	EPS avg	EPS range	EBITDA avg	EBIT avg	Net income avg	SG&A avg	Analysts
2026-09-30	$2.30B	$2.24B - $2.31B	$1.97	$1.86 - $2.21	$377.6M	$178.8M	$398.9M	$125.5M	11 rev / 13 EPS
2026-12-30	$2.53B	$2.48B - $2.64B	$2.19	$1.94 - $2.68	$415.4M	$196.7M	$442.2M	$138.0M	11 rev / 13 EPS
2027-03-30	$2.77B	$2.70B - $2.85B	$2.47	$2.39 - $2.56	$455.0M	$215.5M	$498.7M	$151.2M	5 rev / 5 EPS
2027-06-30	$3.01B	$2.94B - $3.10B	$2.74	$2.65 - $2.84	$495.4M	$234.6M	$553.0M	$164.6M	5 rev / 5 EPS
2027-09-30	$3.24B	$3.16B - $3.33B	$2.98	$2.89 - $3.10	$532.0M	$252.0M	$603.4M	$176.8M	8 rev / 5 EPS
2027-12-30	$3.48B	$3.39B - $3.58B	$3.26	$3.16 - $3.39	$571.8M	$270.8M	$659.3M	$190.0M	5 rev / 5 EPS
2028-03-30	$3.68B	$3.59B - $3.79B	$3.52	$3.41 - $3.66	$604.8M	$286.4M	$711.7M	$201.0M	4 rev / 6 EPS
2028-06-30	$3.92B	$3.83B - $4.04B	$3.80	$3.68 - $3.94	$645.2M	$305.6M	$767.6M	$214.4M	5 rev / 6 EPS

Price target history

Window	Targets	Average target
Last month	4	$427.00
Last quarter	5	$428.60
Last year	27	$269.48
All time	58	$169.64

Sources: StreetInsider, TheFly, Benzinga

Latest grade actions

Date	Firm	Action	Previous	New
2026-08-13	Jefferies	Maintain	Buy	Buy
2026-08-13	B. Riley Securities	Maintain	Neutral	Neutral
2026-08-13	Needham	Maintain	Buy	Buy
2026-08-13	Rosenblatt	Maintain	Buy	Buy
2026-08-13	Morgan Stanley	Maintain	Equal Weight	Equal Weight
2026-07-02	Raymond James	Maintain	Strong Buy	Strong Buy
2026-06-25	Rosenblatt	Maintain	Buy	Buy
2026-05-07	TD Cowen	Maintain	Buy	Buy

Historical rating snapshots

Date	Strong buy	Buy	Hold
2026-08-01	4	13	5
2026-07-01	4	14	5
2026-06-01	4	14	5
2026-05-01	4	13	5
2026-04-01	4	12	5
2026-03-01	4	12	5
2026-02-01	4	11	5
2026-01-01	4	11	5

Financials

Revenue

$2.05B

Gross margin

38.5%

Operating income

$278.5M

Free cash flow

-$1.02B

Cash + ST investments

$1.99B

Net debt

$2.38B

ROE

2.2%

ROIC

1.5%

EV / sales

38.9x

EV / EBITDA

249.0x

R&D / revenue

10.6%

Current ratio

2.4x

Income statement annual

Period	Revenue	Gross profit	Gross margin	R&D	Operating income	EBITDA	Net income	EPS
FY 2026	$2.05B	$787.0M	38.5%	$216.4M	$278.5M	$319.6M	$240.5M	$1.23
FY 2025	$5.81B	$2.06B	35.4%	$581.9M	$548.9M	$1.11B	$49.4M	$-0.52
FY 2024	$4.71B	$1.46B	30.9%	$478.8M	$123.2M	$700.6M	-$156.2M	$-1.84
FY 2023	$5.16B	$1.78B	34.6%	$499.6M	$280.0M	$613.0M	-$259.5M	$-2.93
FY 2022	$3.32B	$1.27B	38.2%	$377.1M	$414.3M	$689.8M	$234.8M	$1.57
FY 2021	$3.11B	$1.18B	37.9%	$330.1M	$402.1M	$682.6M	$297.6M	$2.50
FY 2020	$2.38B	$878.9M	36.9%	$339.1M	$127.2M	$348.1M	-$67.0M	$-0.79
FY 2019	$1.36B	$521.3M	38.3%	$139.2M	$148.7M	$243.6M	$107.5M	$1.69
FY 2018	$1.16B	$462.2M	39.9%	$116.9M	$136.8M	$221.3M	$88.0M	$1.41
FY 2017	$972.0M	$388.4M	40.0%	$96.8M	$115.6M	$189.2M	$95.3M	$1.52
FY 2016	$827.2M	$312.8M	37.8%	$60.4M	$91.8M	$149.7M	$65.5M	$1.07
FY 2015	$742.0M	$271.6M	36.6%	$51.3M	$76.8M	$136.1M	$66.0M	$1.08

Cash flow annual

Period	Operating cash flow	Capex	Free cash flow
FY 2026	$79.5M	$1.10B	-$1.02B
FY 2025	$633.6M	$440.8M	$192.8M
FY 2024	$545.7M	$346.8M	$198.9M
FY 2023	$634.0M	$436.1M	$198.0M
FY 2022	$413.3M	$314.3M	$99.0M
FY 2021	$574.4M	$146.3M	$428.0M
FY 2020	$297.3M	$136.9M	$160.4M
FY 2019	$178.5M	$137.1M	$41.4M
FY 2018	$161.0M	$153.4M	$7.6M
FY 2017	$118.6M	$138.5M	-$19.9M
FY 2016	$123.0M	$58.2M	$64.8M
FY 2015	$129.4M	$52.3M	$77.1M

Balance sheet annual

Period	Cash + ST inv.	Receivables	Inventory	PP&E	Assets	Debt	Net debt	Liabilities	Equity
FY 2026	$1.99B	$1.34B	$2.58B	$21.29B	$18.30B	$3.54B	$2.38B	$7.06B	$10.90B
FY 2025	$909.2M	$1.02B	$1.44B	$1.88B	$14.91B	$3.89B	$2.98B	$6.43B	$8.13B
FY 2024	$926.0M	$848.5M	$1.29B	$1.82B	$14.49B	$4.30B	$3.38B	$6.54B	$7.57B
FY 2023	$821.3M	$901.5M	$1.27B	$1.78B	$13.71B	$4.49B	$3.67B	$6.48B	$7.23B
FY 2022	$2.58B	$700.3M	$902.6M	$1.36B	$7.84B	$2.44B	-$144.2M	$3.46B	$4.38B
FY 2021	$1.59B	$659.0M	$695.8M	$1.24B	$6.51B	$1.53B	-$65.9M	$2.38B	$4.13B
FY 2020	$493.0M	$598.1M	$619.8M	$1.21B	$5.23B	$2.37B	$1.88B	$3.16B	$2.08B
FY 2019	$204.9M	$269.6M	$296.3M	$582.8M	$1.95B	$467.0M	$262.1M	$820.6M	$1.13B
FY 2018	$247.0M	$215.0M	$248.3M	$524.9M	$1.76B	$439.0M	$192.0M	$737.4M	$1.02B
FY 2017	$271.9M	$193.4M	$203.7M	$367.7M	$1.48B	$365.4M	$93.5M	$576.7M	$900.6M
FY 2016	$218.4M	$164.8M	$175.1M	$242.9M	$1.21B	$235.3M	$16.9M	$429.6M	$782.3M
FY 2015	$173.6M	$140.8M	$164.4M	$203.8M	$1.06B	$176.0M	$2.3M	$329.1M	$729.1M

Annual ratios and key metrics

Period	Gross margin	Op margin	Net margin	Current	Quick	ROE	ROIC	EV / sales	EV / EBITDA	FCF yield	R&D / rev.	Cash cycle
FY 2026	38.5%	13.6%	11.8%	2.4x	1.5x	2.2%	1.5%	38.9x	249.0x	-1.3%	10.6%	436d
FY 2025	35.4%	9.4%	0.8%	2.2x	1.4x	0.6%	1.3%	2.9x	15.2x	1.4%	10.0%	122d
FY 2024	30.9%	2.6%	-3.3%	2.7x	1.8x	-2.1%	0.9%	3.1x	20.6x	1.8%	10.2%	139d
FY 2023	34.6%	5.4%	-5.0%	3.0x	1.8x	-3.6%	1.6%	2.1x	17.4x	2.8%	9.7%	158d
FY 2022	38.2%	12.5%	7.1%	3.4x	2.7x	5.4%	4.9%	1.5x	7.4x	1.9%	11.4%	160d
FY 2021	37.9%	12.9%	9.6%	4.1x	3.2x	7.2%	5.8%	2.5x	11.6x	5.4%	10.6%	153d
FY 2020	36.9%	5.3%	-2.8%	2.7x	1.7x	-3.2%	2.7%	2.5x	16.9x	4.0%	14.2%	177d
FY 2019	38.3%	10.9%	7.9%	3.0x	1.9x	9.5%	7.3%	1.9x	10.8x	1.7%	10.2%	155d
FY 2018	39.9%	11.8%	7.6%	3.2x	2.2x	8.6%	6.4%	2.5x	13.1x	0.3%	10.1%	151d
FY 2017	40.0%	11.9%	9.8%	3.8x	2.7x	10.6%	7.1%	2.3x	11.8x	-0.9%	10.0%	159d
FY 2016	37.8%	11.1%	7.9%	3.4x	2.4x	8.4%	6.3%	1.4x	7.8x	5.6%	7.3%	159d
FY 2015	36.6%	10.4%	8.9%	3.7x	2.5x	9.0%	6.8%	1.6x	8.6x	6.6%	6.9%	162d

Annual growth

Period	Revenue	Gross profit	R&D	Op income	Net income	EPS	FCF	Capex	Cash + ST inv.	Inventory	Assets	Debt
FY 2026	-64.8%	-61.7%	-62.8%	-49.3%	+387.2%	+336.5%	-630.9%	-150.2%	+118.5%	+79.5%	+22.7%	-9.1%
FY 2025	+23.4%	+41.3%	+21.5%	+345.7%	+131.6%	+71.7%	-3.1%	-27.1%	-1.8%	+11.8%	+2.9%	-9.5%
FY 2024	-8.8%	-18.4%	-4.2%	-56.0%	+39.8%	+37.2%	+0.5%	+20.5%	+12.8%	+1.1%	+5.7%	-4.1%
FY 2023	+55.6%	+41.0%	+32.5%	-32.4%	-210.5%	-286.6%	+100.0%	-38.7%	-68.2%	+41.0%	+74.8%	+84.1%
FY 2022	+6.8%	+7.5%	+14.2%	+3.0%	-21.1%	-37.2%	-76.9%	-114.8%	+62.2%	+29.7%	+20.5%	+59.8%
FY 2021	+30.5%	+34.0%	-2.6%	+216.2%	+543.9%	+416.5%	+166.8%	-6.9%	+222.9%	+12.3%	+24.4%	-35.7%
FY 2020	+74.7%	+68.6%	+143.7%	-14.5%	-162.3%	-146.7%	+287.9%	+0.2%	+140.7%	+109.2%	+167.9%	+408.5%
FY 2019	+17.6%	+12.8%	+19.1%	+8.7%	+22.2%	+19.9%	+445.8%	+10.6%	-17.1%	+19.3%	+10.9%	+6.4%
FY 2018	+19.2%	+19.0%	+20.7%	+18.4%	-7.6%	-7.2%	+138.1%	-10.8%	-9.1%	+21.9%	+19.2%	+20.1%
FY 2017	+17.5%	+24.2%	+60.4%	+25.9%	+45.5%	+42.1%	-130.7%	-138.1%	+24.5%	+16.3%	+21.9%	+55.3%
FY 2016	+11.5%	+15.2%	+17.7%	+19.5%	-0.7%	-0.9%	-15.9%	-11.2%	+25.8%	+6.5%	+14.5%	+33.7%
FY 2015	+8.6%	+19.8%	+20.5%	+65.2%	+71.6%	+74.2%	+16.3%	-79.0%	-0.6%	-0.9%	-1.3%	-27.3%

Revenue Mix