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Coherent vs Kla: revenue, profit, margins and growth compared

Coherent brought in $7.1B of revenue in fiscal 2026, Kla $13.6B in fiscal 2026. Revenue changed by +22.5% at Coherent and +11.7% at Kla on the year before, so Coherent grew faster. Coherent kept 11.3% of its revenue as net profit, Kla 35.6%. Free cash flow was -$1B at Coherent and $3.8B at Kla.

Side by side, latest fiscal year

COHRKLAC
Fiscal year endedFY2026 (June 30, 2026)FY2026 (June 30, 2026)
Revenue$7.1B$13.6B
Revenue growth+22.5%+11.7%
Net income$805M$4.8B
Net margin11.3%35.6%
Free cash flow-$1B$3.8B
Free cash flow margin-14.4%27.7%
Earnings per share (diluted)$4.12$3.66
Cash$1.2B$1.6B
Debt$3.2B$5.9B
Price to earnings71.851.3
Market value$57.9B$245.5B
Dividend yieldn/a0.43%
Rank by revenue in sector#67 of 530 · Technology#46 of 530 · Technology

Over the years

Revenue
COHR FY2019: $1.4BCOHR FY2020: $2.4BCOHR FY2020: $3.1BCOHR FY2022: $3.3BCOHR FY2023: $5.2BCOHR FY2024: $4.7BCOHR FY2025: $5.8BCOHR FY2026: $7.1BKLAC FY2019: $4.6BKLAC FY2020: $5.8BKLAC FY2021: $6.9BKLAC FY2022: $9.2BKLAC FY2023: $10.5BKLAC FY2024: $9.8BKLAC FY2025: $12.2BKLAC FY2026: $13.6BFY19FY20FY21FY22FY23FY24FY25FY26
COHR $7.1BKLAC $13.6B
Net income
COHR FY2019: $107.5MCOHR FY2020: -$67MCOHR FY2020: $297.6MCOHR FY2022: $234.8MCOHR FY2023: -$259.5MCOHR FY2024: -$156.2MCOHR FY2025: $49.4MCOHR FY2026: $805MKLAC FY2019: $1.2BKLAC FY2020: $1.2BKLAC FY2021: $2.1BKLAC FY2022: $3.3BKLAC FY2023: $3.4BKLAC FY2024: $2.8BKLAC FY2025: $4.1BKLAC FY2026: $4.8BFY19FY20FY21FY22FY23FY24FY25FY26
COHR $805MKLAC $4.8B
Net margin
COHR FY2019: 7.9%COHR FY2020: -2.8%COHR FY2020: 9.6%COHR FY2022: 7.1%COHR FY2023: -5.0%COHR FY2024: -3.3%COHR FY2025: 0.8%COHR FY2026: 11.3%KLAC FY2019: 25.7%KLAC FY2020: 21.0%KLAC FY2021: 30.0%KLAC FY2022: 36.1%KLAC FY2023: 32.3%KLAC FY2024: 28.1%KLAC FY2025: 33.4%KLAC FY2026: 35.6%FY19FY20FY21FY22FY23FY24FY25FY26
COHR 11.3%KLAC 35.6%
Revenue growth
COHR FY2020: +74.7%COHR FY2020: +30.5%COHR FY2022: +6.8%COHR FY2023: +55.6%COHR FY2024: -8.8%COHR FY2025: +23.4%COHR FY2026: +22.5%KLAC FY2020: +27.1%KLAC FY2021: +19.2%KLAC FY2022: +33.1%KLAC FY2023: +13.9%KLAC FY2024: -6.5%KLAC FY2025: +23.9%KLAC FY2026: +11.7%FY20FY21FY22FY23FY24FY25FY26
COHR +22.5%KLAC +11.7%
Free cash flow
COHR FY2019: $41.4MCOHR FY2020: $160.4MCOHR FY2020: $428MCOHR FY2022: $99MCOHR FY2023: $198MCOHR FY2024: $198.9MCOHR FY2025: $192.8MCOHR FY2026: -$1BKLAC FY2019: $1BKLAC FY2020: $1.6BKLAC FY2021: $2BKLAC FY2022: $3BKLAC FY2023: $3.3BKLAC FY2024: $3BKLAC FY2025: $3.7BKLAC FY2026: $3.8BFY19FY20FY21FY22FY23FY24FY25FY26
COHR -$1BKLAC $3.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Coherent and Kla

Which is bigger by revenue, Coherent or Kla?

Kla is bigger by revenue: $13.6B in fiscal 2026, against $7.1B for Coherent in fiscal 2026.

Which keeps more of its revenue as profit, Coherent or Kla?

Coherent had a net margin of 11.3% in fiscal 2026; Kla had 35.6% in fiscal 2026.

Which grew revenue faster, Coherent or Kla?

In their latest fiscal years revenue changed by +22.5% at Coherent and +11.7% at Kla.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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