Coherent's Robust Margin Expansion: Is This Key to Its Growth Engine?

Key Takeaways COHR delivered a 249-bps gross margin and a 1,081-bps operating margin expansion in Q1 FY26.COHR's revenues rose 17.3% YoY, driven by product demand and adoption of its 1.6T transceiver.COHR is ramping up 6-inch InP production and sees a $2B optical circuit switch market.Coherent Corp. (COHR) registered a 249-basis-point (bps) year-over-year growth in gross margin during the first quarter of fiscal 2026, with operating margin witnessing a whopping 1,081 bps expansion. This lofty improvement hi ...