canar.ai
Rankings/COHR/Q1 2024 Analysis

Coherent Corp.

COHR
Q1 2024(COHR Q2 FY2024)Estimated4% AI
AI Revenue %
4%
AI Fair Value
$944.5M
AI Revenue (Q)
$48.4M
Total Revenue (Q)
$1.2B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q2 FY2024 (Dec 31, 2023). Networking segment revenue $524M (recovering from $473M in Q1). Total revenue $1,131M. Networking operating income improved to $47M (from $16M in Q1). AI datacenter transceiver demand was accelerating as hyperscalers expanded GPU cluster deployments. The QoQ Networking recovery while telecom remained weak suggests AI/datacom was driving growth. Conservative estimate: ~4% of total revenue (~$45M) from AI-related datacenter transceivers and emerging AI-related demand across segments.
Analyzed by claude-opus-4-6

Quoted Figures

Networking segment revenue: $524,235K; segment operating income: $47,488K
10-Q Q2 FY2024, Note 13 segment data

AI Products Identified (Ring 1)

800G datacenter optical transceiversDatacom laser components for AI interconnects

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

SiC substrates for data center power electronicsEUV laser components

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix