COHERENT CORP. (COHR) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-10-01 to 2025-12-31

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COHERENT CORP. cash flow reconciliation, Oct 1, 2025 through Dec 31, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $57,900,000.00Net earnings → Operating adjustments reconciliation: $85,914,000.00Accounts payable → Operating adjustments reconciliation: $100,214,000.00Amortization → Operating adjustments reconciliation: $70,508,000.00Depreciation → Operating adjustments reconciliation: $55,511,000.00Share-based compensation expense → Operating adjustments reconciliation: $42,768,000.00Accrued compensation and benefits → Operating adjustments reconciliation: $32,644,000.00Non-cash restructuring and impairment charges → Operating adjustments reconciliation: $10,770,000.00Deferred income taxes → Operating adjustments reconciliation: $10,601,000.00Amortization of debt issuance costs → Operating adjustments reconciliation: $2,413,000.00Loss on disposal of property, plant and equipment → Operating adjustments reconciliation: $21,000.00Operating adjustments reconciliation → Inventories: $202,253,000.00Operating adjustments reconciliation → Other operating net assets (liabilities): $98,589,000.00Operating adjustments reconciliation → Income taxes: $66,399,000.00Operating adjustments reconciliation → Accounts receivable: $24,759,000.00Operating adjustments reconciliation → Gain on sale of equity investment: $14,812,000.00Operating adjustments reconciliation → Unrealized gains on foreign currency remeasurements and transactions: $4,257,000.00Operating adjustments reconciliation → Contract liabilities: $234,000.00Operating adjustments reconciliation → Earnings from equity investments: $61,000.00Proceeds from borrowings of revolving credit facilities → financing reconciliation: $224,669,000.00Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan → financing reconciliation: $8,809,000.00Other financing activities → financing reconciliation: $220,000.00financing reconciliation → Net cash from financing activities: $43,058,000.00financing reconciliation → Payments on borrowings under revolving credit facilities: $174,288,000.00financing reconciliation → Payments on existing debt: $8,620,000.00financing reconciliation → Payments in satisfaction of employees' minimum tax obligations: $7,173,000.00financing reconciliation → Debt issuance costs: $559,000.00Net cash used in investing activities → investing reconciliation: $138,531,000.00Proceeds from sale of equity investment → investing reconciliation: $21,896,000.00investing reconciliation → Additions to property, plant & equipment: $153,598,000.00investing reconciliation → Proceeds from the sale of business, net of fees: $5,330,000.00investing reconciliation → Other investing activities: $1,499,000.00Exchange-rate effect → Cash sources and uses: $13,469,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,552,900,000.00Net cash from operating activities → Cash sources and uses: $57,900,000.00Net cash from financing activities → Cash sources and uses: $43,058,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,528,796,000.00Cash sources and uses → Net cash used in investing activities: $138,531,000.00Net earnings: $143,814,000.00Net earnings+$143.81 MDepreciation: $55,511,000.00Depreciation expense+$55.51 MAmortization: $70,508,000.00Deferred charges amortization+$70.51 MShare-based compensation expense: $42,768,000.00Stock-based compensation+$42.77 MAmortization of debt issuance costs: $2,413,000.00Debt issuance cost amortization+$2.41 MNon-cash restructuring and impairment charges: $10,770,000.00Restructuring & impairment+$10.77 MLoss on disposal of property, plant and equipment: $21,000.00PP&E disposal gain & loss+$21.00 KUnrealized gains on foreign currency remeasurements and transactions: -$4,257,000.00FX transaction gain & loss−$4.26 MEarnings from equity investments: -$61,000.00Equity-method results−$61.00 KDeferred income taxes: $10,601,000.00Deferred taxes & credits+$10.60 MGain on sale of business: $0.00Gain on sale of equity investment: -$14,812,000.00Equity-method sale gain & loss−$14.81 MLoss on debt extinguishment: $0.00Accounts receivable: -$24,759,000.00Accounts receivable−$24.76 MInventories: -$202,253,000.00Inventories−$202.25 MAccounts payable: $100,214,000.00Accounts payable+$100.21 MContract liabilities: -$234,000.00Deferred revenue−$234.00 KIncome taxes: -$66,399,000.00Income taxes, net−$66.40 MAccrued compensation and benefits: $32,644,000.00Accrued compensation+$32.64 MOther operating net assets (liabilities): -$98,589,000.00Other working capital, net−$98.59 MNet cash from operating activities: $57,900,000.00Operating cash+$57.90 MOperating adjustments reconciliation: $411,364,000.00Proceeds from borrowing of credit facility - Term A Loan: $0.00Proceeds from borrowing of credit facility - Term B Loan: $0.00Proceeds from borrowings of revolving credit facilities: $224,669,000.00Long-term credit line borrowings+$224.67 MPayments on existing debt: -$8,620,000.00Senior debt repaid−$8.62 MPayments on borrowings under revolving credit facilities: -$174,288,000.00Long-term credit line repayments−$174.29 MDebt issuance costs: -$559,000.00Debt issuance costs−$559.00 KProceeds from exercises of stock options and purchases of stock under employee stock purchase plan: $8,809,000.00Employee stock plans & options+$8.81 MPayments in satisfaction of employees' minimum tax obligations: -$7,173,000.00Stock-award tax withholding−$7.17 MCash dividends paid: $0.00Other financing activities: $220,000.00Other financing, net+$220.00 KNet cash from financing activities: $43,058,000.00Financing cash+$43.06 Mfinancing reconciliation: $233,698,000.00Additions to property, plant & equipment: -$153,598,000.00PP&E purchases−$153.60 MProceeds from sale of equity investment: $21,896,000.00Equity-method investment sales+$21.90 MProceeds from the sale of business, net of fees: -$5,330,000.00Business sales, net of cash−$5.33 MOther investing activities: -$1,499,000.00Other investing, net−$1.50 MNet cash used in investing activities: -$138,531,000.00. Cash required to fund net payments.Investing cash−$138.53 Minvesting reconciliation: $160,427,000.00Cash sources and uses: $1,667,327,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,552,900,000.00Beginning cash$1.55 BEnding cash: Cash, cash equivalents, and restricted cash: $1,528,796,000.00Ending cash$1.53 BExchange-rate effect: $13,469,000.00FX effect+$13.47 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsFree cash flow−$95.70 MOperating cash − cash spent on PP&ECash flow / Net income0.40×Operating cash flow ÷ net incomeNet cash change−$24.10 MEnding cash − beginning cash
Chart details

COHERENT CORP. cash flow reconciliation, Oct 1, 2025 through Dec 31, 2025

Cash flows for Oct 1, 2025 through Dec 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Sep 30, 2025. Ending cash: Dec 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Sep 30, 2025
1,552,900,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
57,900,000 US dollars. Net cash provided.
Net earnings
143,814,000 US dollars
Depreciation
55,511,000 US dollars
Amortization
70,508,000 US dollars
Share-based compensation expense
42,768,000 US dollars
Amortization of debt issuance costs
2,413,000 US dollars
Non-cash restructuring and impairment charges
10,770,000 US dollars
Loss on disposal of property, plant and equipment
21,000 US dollars
Unrealized gains on foreign currency remeasurements and transactions
negative 4,257,000 US dollars
Earnings from equity investments
negative 61,000 US dollars
Deferred income taxes
10,601,000 US dollars
Gain on sale of business
0 US dollars
Gain on sale of equity investment
negative 14,812,000 US dollars
Loss on debt extinguishment
0 US dollars
Accounts receivable
negative 24,759,000 US dollars
Inventories
negative 202,253,000 US dollars
Accounts payable
100,214,000 US dollars
Contract liabilities
negative 234,000 US dollars
Income taxes
negative 66,399,000 US dollars
Accrued compensation and benefits
32,644,000 US dollars
Other operating net assets (liabilities)
negative 98,589,000 US dollars
Investing activities
negative 138,531,000 US dollars. Net cash used.
Additions to property, plant & equipment
negative 153,598,000 US dollars
Proceeds from sale of equity investment
21,896,000 US dollars
Proceeds from the sale of business, net of fees
negative 5,330,000 US dollars
Other investing activities
negative 1,499,000 US dollars
Financing activities
43,058,000 US dollars. Net cash provided.
Proceeds from borrowing of credit facility - Term A Loan
0 US dollars
Proceeds from borrowing of credit facility - Term B Loan
0 US dollars
Proceeds from borrowings of revolving credit facilities
224,669,000 US dollars
Payments on existing debt
negative 8,620,000 US dollars
Payments on borrowings under revolving credit facilities
negative 174,288,000 US dollars
Debt issuance costs
negative 559,000 US dollars
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan
8,809,000 US dollars
Payments in satisfaction of employees' minimum tax obligations
negative 7,173,000 US dollars
Cash dividends paid
0 US dollars
Other financing activities
220,000 US dollars
Operating adjustment reconciliation
411,364,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
233,698,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
160,427,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
13,469,000 US dollars
Ending cash on Dec 31, 2025
1,528,796,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,667,327,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 24,104,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.40×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
57,900,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
153,598,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 95,698,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $57.90M of net income directly to operating cash and $85.91M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 57,900,000 US dollars minus 153,598,000 US dollars equals negative 95,698,000 US dollars.
COHERENT CORP. (COHR) FY2026 Q2 Statement of Cash Flows Sankey chart
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