Coherent Corp.
COHRQ3 2023(COHR Q4 FY2023)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$227.1M
AI Revenue (Q)
$11.3M
Total Revenue (Q)
$1.1B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2023 (Jun 30, 2023). Full fiscal year: Networking $2,240M (implied Q4 ~$484M from annual - 9mo), Materials $1,297M, Lasers $1,504M. Total FY2023 revenue ~$5,041M. By mid-2023, early AI datacenter transceiver demand was emerging but still minimal. Coherent's datacom transceivers were beginning to see initial AI-related orders from hyperscalers building GPU clusters. Conservative estimate: ~1% of total revenue (~$50M) from AI-related datacenter transceiver demand. No AI-specific disclosure yet.
Analyzed by claude-opus-4-6
Quoted Figures
Backlog was approximately $2.7 billion as of June 30, 2023, compared with approximately $2.3 billion as of June 30, 2022.
10-K FY2023, Item 7
AI Products Identified (Ring 1)
800G datacenter transceivers (early AI cluster demand)
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 substratesEUV laser components
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix