Saxonburg, Pennsylvania, August 13, 2025 – Coherent, Inc. (NYSE: COHR), a global leader in photonics,

 today announced financial results for the fourth quarter and full year of fiscal 2025, ending June 30, 2025.

Fiscal 2025 fourth quarter revenue was a record $1.529 billion, with a GAAP gross margin of 35.7% and 

a diluted loss per share of $0.83. Non-GAAP gross margin was 38.1%, with diluted earnings per share of 

$1.00. Fiscal 2025 full year revenue was $5.81 billion, with a GAAP gross margin of 35.2%, and a diluted 

loss per share of $0.52. Non-GAAP gross margin was 37.9%, with diluted earnings per share of $3.53.

CEO Jim Anderson said, "We delivered strong performance in fiscal 2025, with revenue growth of 23% 

and non-GAAP earnings per share increasing by 191%. We are confident in our long-term growth trajectory

 given our exposure to key growth areas like AI data centers. We continue to optimize our portfolio with the

 recently announced agreement to sell our Aerospace & Defense business, and we are excited about the 

growth opportunities we face in the new fiscal year."

CFO Sherri Luther added, "In addition to revenue growth in fiscal 2025, we achieved a 358 basis point 

year-over-year increase in gross margin. This revenue growth and improved margins drove higher operating

 cash flow and enabled us to repay approximately $437 million of debt throughout the year."