Coherent Corp.
COHRQ3 2024(COHR Q4 FY2024)Estimated10% AI
AI Revenue %
10%
AI Fair Value
$2.0B
AI Revenue (Q)
$143.5M
Total Revenue (Q)
$1.4B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2024 (Jun 30, 2024). From FY2024 annual data: Full year Networking revenue ~$2,069M (implied Q4: ~$454M based on 9-month $1,616M, though quarterly cadence varied). Total FY2024 annual revenue ~$4,712M. The 10-K mentions the company commenced a review of strategic alternatives for Silicon Carbide and completed the SiC investment by Denso/MELCO. The Networking segment showed strong growth momentum driven by AI datacenter demand. Backlog remained at ~$2.6B. Conservative estimate: ~10% of total revenue attributable to AI (primarily datacenter transceivers for AI clusters, plus minor SiC for AI data center power). No explicit AI revenue disclosure.
Analyzed by claude-opus-4-6
Quoted Figures
Backlog was approximately $2.6 billion as of June 30, 2024
10-K FY2024, Item 7
AI Products Identified (Ring 1)
800G/1.6T datacenter optical transceiversAI cluster optical interconnectsSiC substrates for AI data center power
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.
EUV laser components for AI chip manufacturingZR/ZR+ transceivers
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix