Coherent Corp. reported financial results for the second quarter (Q2) of fiscal year 2026. The company posted revenue of USD 1.69 billion, representing a 17% increase year over year. On a pro forma basis, adjusted for the sale of its Aerospace & Defense business, revenue rose 22% year over year. GAAP gross margin for Q2 FY26 was 36.9%, an increase of 1.45 percentage points year over year. Non-GAAP gross margin reached 39.0%, up by 0.77 percentage points from the prior year period. GAAP diluted earnings per share (EPS) for the quarter was USD 0.76, marking a 71% increase year over year. Non-GAAP EPS was USD 1.29, up 35% from the previous year. Management noted continued strong demand and highlighted ongoing capital investments aimed at increasing capacity to support the company’s business outlook. Coherent Corp. also announced that it will further discuss its financial results and business outlook in an investor conference call and webcast, with related investor materials to be made available on its website.

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