Coherent vs Nova: revenue, profit, margins and growth compared
Coherent brought in $7.1B of revenue in fiscal 2026, Nova $880.6M in fiscal 2025. Revenue changed by +22.5% at Coherent and +31.0% at Nova on the year before, so Nova grew faster. Coherent kept 11.3% of its revenue as net profit, Nova 29.4%. Free cash flow was -$1B at Coherent and $217.9M at Nova.
Fiscal years as each company reports them; the two may end in different months.
Questions about Coherent and Nova
Which is bigger by revenue, Coherent or Nova?
Coherent is bigger by revenue: $7.1B in fiscal 2026, against $880.6M for Nova in fiscal 2025.
Which keeps more of its revenue as profit, Coherent or Nova?
Coherent had a net margin of 11.3% in fiscal 2026; Nova had 29.4% in fiscal 2025.
Which grew revenue faster, Coherent or Nova?
In their latest fiscal years revenue changed by +22.5% at Coherent and +31.0% at Nova.
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.