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Coherent vs Syntec Optics: revenue, profit, margins and growth compared

Coherent brought in $7.1B of revenue in fiscal 2026, Syntec Optics $28.1M in fiscal 2025. Revenue changed by +22.5% at Coherent and -1.3% at Syntec Optics on the year before, so Coherent grew faster. Coherent kept 11.3% of its revenue as net profit, Syntec Optics -6.4%. Free cash flow was -$1B at Coherent and $28.3K at Syntec Optics.

Side by side, latest fiscal year

COHROPTX
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$7.1B$28.1M
Revenue growth+22.5%-1.3%
Net income$805M-$1.8M
Net margin11.3%-6.4%
Free cash flow-$1B$28.3K
Free cash flow margin-14.4%0.1%
Earnings per share (diluted)$4.12-$0.05
Cash$1.2B$358.9K
Debt$3.2B$2.6M
Price to earnings71.8n/a
Market value$57.9B$298.1M
Dividend yieldn/an/a
Rank by revenue in sector#67 of 530 · Technology#464 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: $7.1BOPTX FY2022: $27.8MOPTX FY2023: $29.4MOPTX FY2024: $28.4MOPTX FY2025: $28.1MFY19FY20FY22FY23FY24FY25FY26
COHR $7.1BOPTX $28.1M
Net income
COHR FY2019: $107.5MCOHR FY2020: -$67MCOHR FY2020: $297.6MCOHR FY2022: $234.8MCOHR FY2023: -$259.5MCOHR FY2024: -$156.2MCOHR FY2025: $49.4MCOHR FY2026: $805MOPTX FY2022: -$434.6KOPTX FY2023: $2MOPTX FY2024: -$2.5MOPTX FY2025: -$1.8MFY19FY20FY22FY23FY24FY25FY26
COHR $805MOPTX -$1.8M
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%OPTX FY2022: -1.6%OPTX FY2023: 6.7%OPTX FY2024: -8.7%OPTX FY2025: -6.4%FY19FY20FY22FY23FY24FY25FY26
COHR 11.3%OPTX -6.4%
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%OPTX FY2023: +5.8%OPTX FY2024: -3.4%OPTX FY2025: -1.3%FY20FY22FY23FY24FY25FY26
COHR +22.5%OPTX -1.3%
Free cash flow
COHR FY2019: $41.4MCOHR FY2020: $160.4MCOHR FY2020: $428MCOHR FY2022: $99MCOHR FY2023: $198MCOHR FY2024: $198.9MCOHR FY2025: $192.8MCOHR FY2026: -$1BOPTX FY2022: $687.1KOPTX FY2023: $871KOPTX FY2024: -$2.2MOPTX FY2025: $28.3KFY19FY20FY22FY23FY24FY25FY26
COHR -$1BOPTX $28.3K

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

Questions about Coherent and Syntec Optics

Which is bigger by revenue, Coherent or Syntec Optics?

Coherent is bigger by revenue: $7.1B in fiscal 2026, against $28.1M for Syntec Optics in fiscal 2025.

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

Coherent had a net margin of 11.3% in fiscal 2026; Syntec Optics had -6.4% in fiscal 2025.

Which grew revenue faster, Coherent or Syntec Optics?

In their latest fiscal years revenue changed by +22.5% at Coherent and -1.3% at Syntec Optics.

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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