Coherent, Inc. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5100 PATRICK HENRY DR SANTA CLARA, CA 95054 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3826 - Laboratory Analytical Instruments (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2022 MRQ | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 456,534 | 475,604 | 305,953 | 310,615 | 475,576 | 399,953 | |||
| Cash and cash equivalent | 456,534 | 440,258 | 305,833 | 310,495 | 443,066 | 354,347 | |||
| Short-term investments | 35,346 | 120 | 120 | 32,510 | 45,606 | ||||
| Restricted cash and investments | 1,527 | 765 | 792 | 858 | 1,097 | ||||
| Receivables | 249,389 | 220,289 | 267,553 | 355,208 | 305,668 | 165,715 | |||
| Inventory, net of allowances, customer advances and progress billings | 392,241 | 426,756 | 442,530 | 486,741 | 414,807 | 212,898 | |||
| Inventory | 392,241 | 426,756 | 442,530 | 486,741 | 414,807 | 212,898 | |||
| Prepaid expense | 64,026 | 75,244 | 66,785 | 68,150 | 54,941 | 26,535 | |||
| Other undisclosed current assets | 15,568 | 13,006 | 11,208 | 16,930 | 59,575 | 10,538 | |||
| Total current assets: | 1,179,285 | 1,211,664 | 1,094,821 | 1,238,502 | 1,311,664 | 815,639 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 302,613 | 245,678 | 323,434 | 311,793 | 278,850 | 127,443 | |||
| Intangible assets, net (including goodwill) | 120,001 | 123,082 | 511,914 | 585,233 | 607,721 | 115,332 | |||
| Goodwill | 105,261 | 101,317 | 427,101 | 442,940 | 417,694 | 101,458 | |||
| Intangible assets, net (excluding goodwill) | 14,740 | 21,765 | 84,813 | 142,293 | 190,027 | 13,874 | |||
| Restricted cash and investments | 4,460 | 4,497 | 12,036 | 12,692 | 12,924 | ||||
| Other noncurrent assets | 282,571 | 242,575 | 140,964 | 111,749 | 126,641 | 102,734 | |||
| Total noncurrent assets: | 709,645 | 615,832 | 988,348 | 1,021,467 | 1,026,136 | 345,509 | |||
| TOTAL ASSETS: | 1,888,930 | 1,827,496 | 2,083,169 | 2,259,969 | 2,337,800 | 1,161,148 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 125,530 | 67,086 | 57,716 | 184,437 | 179,066 | 65,052 | |||
| Taxes payable | 20,991 | 6,861 | 6,185 | 114,145 | 103,206 | 19,870 | |||
| Accounts payable | 104,539 | 60,225 | 51,531 | 70,292 | 75,860 | 45,182 | |||
| Deferred compensation liability | 1,679 | ||||||||
| Other liabilities | 238,290 | 184,155 | 167,735 | 183,329 | 235,001 | 116,442 | |||
| Other undisclosed current liabilities | 18,395 | 16,817 | 14,863 | 5,072 | 5,078 | 18,321 | |||
| Total current liabilities: | 382,215 | 268,058 | 240,314 | 372,838 | 419,145 | 201,494 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 425,800 | 411,140 | 392,238 | 420,711 | 589,001 | ||||
| Long-term debt, excluding current maturities | 425,800 | 411,140 | 392,238 | 420,711 | 589,001 | ||||
| Liabilities, other than long-term debt | 212,730 | 221,074 | 165,881 | 151,956 | 166,390 | 48,826 | |||
| Other liabilities | 212,730 | 221,074 | 165,881 | 151,956 | 166,390 | 48,826 | |||
| Total noncurrent liabilities: | 638,530 | 632,214 | 558,119 | 572,667 | 755,391 | 48,826 | |||
| Total liabilities: | 1,020,745 | 900,272 | 798,433 | 945,505 | 1,174,536 | 250,320 | |||
| Equity | |||||||||
| Equity, attributable to parent | 868,185 | 927,224 | 1,284,736 | 1,314,464 | 1,163,264 | 910,828 | |||
| Common stock | 244 | 241 | 238 | 242 | 245 | 242 | |||
| Additional paid in capital | 123,135 | 80,275 | 34,320 | 78,700 | 171,403 | 151,298 | |||
| Accumulated other comprehensive income (loss) | (20,818) | (25,667) | (36,336) | 2,833 | 19,906 | (5,300) | |||
| Retained earnings | 765,624 | 872,375 | 1,286,514 | 1,232,689 | 971,710 | 764,588 | |||
| Total equity: | 868,185 | 927,224 | 1,284,736 | 1,314,464 | 1,163,264 | 910,828 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,888,930 | 1,827,496 | 2,083,169 | 2,259,969 | 2,337,800 | 1,161,148 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2022 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,487,468 | 1,228,999 | 1,430,640 | 1,902,573 | 1,723,311 | 857,385 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,902,573 | 1,723,311 | 857,385 | |
| Cost of revenue | (918,628) | (818,125) | (944,175) | (1,071,882) | (973,042) | (475,993) | ||
| Gross profit: | 568,840 | 410,874 | 486,465 | 830,691 | 750,269 | 381,392 | ||
| Operating expenses | (667,053) | (841,054) | (403,370) | (437,674) | (424,774) | (253,778) | ||
| Operating income (loss): | (98,213) | (430,180) | 83,095 | 393,017 | 325,495 | 127,614 | ||
| Nonoperating expense | (17,325) | (12,543) | (23,047) | (31,462) | (23,440) | (4,718) | ||
| Investment income, nonoperating | 458 | 1,053 | 1,119 | 1,571 | 1,090 | 1,143 | ||
| Other nonoperating income (expense) | 276 | 3,441 | (5,044) | (7,186) | 9,832 | (4,515) | ||
| Interest and debt expense | (18,059) | (17,037) | (19,122) | (25,847) | (34,362) | (1,346) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 17,037 | 19,122 | 25,847 | 34,362 | 1,346 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (133,597) | (442,723) | 60,048 | 361,555 | 302,055 | 122,896 | ||
| Other undisclosed income from continuing operations before income taxes | 18,059 | |||||||
| Income (loss) from continuing operations before income taxes: | (115,538) | (442,723) | 60,048 | 361,555 | 302,055 | 122,896 | ||
| Income tax expense (benefit) | 8,787 | 28,584 | (6,223) | (114,195) | (93,411) | (35,394) | ||
| Income (loss) from continuing operations: | (106,751) | (414,139) | 53,825 | 247,360 | 208,644 | 87,502 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (106,751) | (414,139) | 53,825 | 247,358 | 208,644 | 87,502 | |
| Loss from discontinued operations | (2) | |||||||
| Net income (loss): | (106,751) | (414,139) | 53,825 | 247,358 | 208,644 | 87,502 | ||
| Other undisclosed net loss attributable to parent | (1,522) | |||||||
| Net income (loss) available to common stockholders, diluted: | (106,751) | (414,139) | 53,825 | 247,358 | 207,122 | 87,502 | ||
Comprehensive Income ($ in thousands)
| 3/31/2022 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (106,751) | (414,139) | 53,825 | 247,358 | 208,644 | 87,502 | ||
| Other comprehensive income (loss) | 4,849 | 10,669 | (39,169) | (17,073) | 25,206 | 4,213 | ||
| Comprehensive income (loss): | (101,902) | (403,470) | 14,656 | 230,285 | 233,850 | 91,715 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1,522) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (101,902) | (403,470) | 14,656 | 230,285 | 232,328 | 91,715 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.