Coherent Corp.
COHRQ2 2024(COHR Q3 FY2024)Estimated7% AI
AI Revenue %
7%
AI Fair Value
$1.7B
AI Revenue (Q)
$94.4M
Total Revenue (Q)
$1.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2024 (Mar 31, 2024). Networking segment revenue $619M (strong sequential growth from $524M). Total revenue $1,209M. Networking operating income rose to $58M. The Networking segment's rapid sequential growth is directly attributable to surging AI datacenter transceiver demand, as traditional telecom remained weak. The ~$95M QoQ increase in Networking revenue was largely AI-driven. Conservative estimate: ~7% of total revenue (~$85M) attributable to AI datacenter transceivers and AI-related optical components.
Analyzed by claude-opus-4-6
Quoted Figures
Networking segment revenue: $618,824K; segment operating income: $58,166K
10-Q Q3 FY2024, Note 13 segment data
AI Products Identified (Ring 1)
800G datacenter optical transceiversAI cluster interconnect components
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 AI data center powerEUV laser components for AI chip manufacturing
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix