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Side-by-side financial comparison of COHERENT CORP. (COHR) and ROKU, INC (ROKU). Click either name above to swap in a different company.

COHERENT CORP. is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.3× ROKU, INC). COHERENT CORP. runs the higher net margin — 8.7% vs -2.2%, a 10.9% gap on every dollar of revenue. On growth, COHERENT CORP. posted the faster year-over-year revenue change (17.5% vs -18.3%). ROKU, INC produced more free cash flow last quarter ($298.4M vs $-95.7M). Over the past eight quarters, COHERENT CORP.'s revenue compounded faster (18.1% CAGR vs 13.6%).

Coherent Corp. is an American manufacturer of optical materials and semiconductors. As of 2023, the company had 26,622 employees. Their stock is listed at the New York Stock Exchange under the ticker symbol COHR. In 2022, II-VI acquired laser manufacturer Coherent, Inc., and adopted its name.

Roku, Inc. is an American streaming technology company. Founded in 2002 by Anthony Wood, it produces digital media players and TVs, distributes streaming services and operates an ad business on its platform. Roku is the U.S. market leader in streaming video distribution, reaching 145 million people as of 2024. The company also operates in Australia, Canada, France, Germany, the U.K., and Latin America.

COHR vs ROKU — Head-to-Head

Bigger by revenue
COHR
COHR
1.3× larger
COHR
$1.7B
$1.2B
ROKU
Growing faster (revenue YoY)
COHR
COHR
+35.8% gap
COHR
17.5%
-18.3%
ROKU
Higher net margin
COHR
COHR
10.9% more per $
COHR
8.7%
-2.2%
ROKU
More free cash flow
ROKU
ROKU
$394.1M more FCF
ROKU
$298.4M
$-95.7M
COHR
Faster 2-yr revenue CAGR
COHR
COHR
Annualised
COHR
18.1%
13.6%
ROKU

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
COHR
COHR
ROKU
ROKU
Revenue
$1.7B
$1.2B
Net Profit
$146.7M
$-27.4M
Gross Margin
36.9%
35.6%
Operating Margin
10.0%
59.7%
Net Margin
8.7%
-2.2%
Revenue YoY
17.5%
-18.3%
Net Profit YoY
41.9%
-361.0%
EPS (diluted)
$0.76
$0.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COHR
COHR
ROKU
ROKU
Q1 26
$1.2B
Q4 25
$1.7B
$1.4B
Q3 25
$1.6B
$1.2B
Q2 25
$1.5B
$1.1B
Q1 25
$1.5B
$1.0B
Q4 24
$1.4B
$1.2B
Q3 24
$1.3B
$1.1B
Q2 24
$1.3B
$968.2M
Net Profit
COHR
COHR
ROKU
ROKU
Q1 26
$-27.4M
Q4 25
$146.7M
$80.5M
Q3 25
$226.3M
$24.8M
Q2 25
$-95.6M
$10.5M
Q1 25
$15.7M
$-27.4M
Q4 24
$103.4M
$-35.5M
Q3 24
$25.9M
$-9.0M
Q2 24
$-48.4M
$-34.0M
Gross Margin
COHR
COHR
ROKU
ROKU
Q1 26
35.6%
Q4 25
36.9%
43.5%
Q3 25
36.6%
43.4%
Q2 25
35.7%
44.8%
Q1 25
35.2%
43.6%
Q4 24
35.5%
42.7%
Q3 24
34.1%
45.2%
Q2 24
32.9%
43.9%
Operating Margin
COHR
COHR
ROKU
ROKU
Q1 26
59.7%
Q4 25
10.0%
4.7%
Q3 25
13.7%
0.8%
Q2 25
-4.1%
-2.1%
Q1 25
0.7%
-5.7%
Q4 24
9.0%
-3.3%
Q3 24
1.4%
-3.4%
Q2 24
4.8%
-7.4%
Net Margin
COHR
COHR
ROKU
ROKU
Q1 26
-2.2%
Q4 25
8.7%
5.8%
Q3 25
14.3%
2.0%
Q2 25
-6.3%
0.9%
Q1 25
1.0%
-2.7%
Q4 24
7.2%
-3.0%
Q3 24
1.9%
-0.9%
Q2 24
-3.7%
-3.5%
EPS (diluted)
COHR
COHR
ROKU
ROKU
Q1 26
$0.57
Q4 25
$0.76
$0.55
Q3 25
$1.19
$0.16
Q2 25
$-0.81
$0.07
Q1 25
$-0.11
$-0.19
Q4 24
$0.44
$-0.24
Q3 24
$-0.04
$-0.06
Q2 24
$-0.52
$-0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COHR
COHR
ROKU
ROKU
Cash + ST InvestmentsLiquidity on hand
$863.7M
$2.4B
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$8.5B
$2.7B
Total Assets
$15.1B
$4.4B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COHR
COHR
ROKU
ROKU
Q1 26
$2.4B
Q4 25
$863.7M
$2.3B
Q3 25
$852.8M
$2.3B
Q2 25
$909.2M
$2.3B
Q1 25
$890.3M
$2.3B
Q4 24
$917.8M
$2.2B
Q3 24
$1.0B
$2.1B
Q2 24
$926.0M
$2.1B
Total Debt
COHR
COHR
ROKU
ROKU
Q1 26
Q4 25
$3.4B
Q3 25
$3.3B
Q2 25
$3.7B
Q1 25
$3.7B
Q4 24
$3.9B
Q3 24
$4.0B
Q2 24
$4.1B
Stockholders' Equity
COHR
COHR
ROKU
ROKU
Q1 26
$2.7B
Q4 25
$8.5B
$2.7B
Q3 25
$5.8B
$2.6B
Q2 25
$5.6B
$2.6B
Q1 25
$5.4B
$2.5B
Q4 24
$5.2B
$2.5B
Q3 24
$5.5B
$2.5B
Q2 24
$5.2B
$2.4B
Total Assets
COHR
COHR
ROKU
ROKU
Q1 26
$4.4B
Q4 25
$15.1B
$4.4B
Q3 25
$14.7B
$4.4B
Q2 25
$14.9B
$4.3B
Q1 25
$14.4B
$4.2B
Q4 24
$14.2B
$4.3B
Q3 24
$14.7B
$4.3B
Q2 24
$14.5B
$4.1B
Debt / Equity
COHR
COHR
ROKU
ROKU
Q1 26
Q4 25
0.39×
Q3 25
0.57×
Q2 25
0.65×
Q1 25
0.70×
Q4 24
0.75×
Q3 24
0.73×
Q2 24
0.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COHR
COHR
ROKU
ROKU
Operating Cash FlowLast quarter
$57.9M
$199.1M
Free Cash FlowOCF − Capex
$-95.7M
$298.4M
FCF MarginFCF / Revenue
-5.7%
23.9%
Capex IntensityCapex / Revenue
9.1%
Cash ConversionOCF / Net Profit
0.39×
TTM Free Cash FlowTrailing 4 quarters
$-103.6M
$640.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COHR
COHR
ROKU
ROKU
Q1 26
$199.1M
Q4 25
$57.9M
$107.7M
Q3 25
$46.0M
$127.6M
Q2 25
$130.3M
$109.7M
Q1 25
$163.0M
$138.7M
Q4 24
$187.4M
$79.3M
Q3 24
$153.0M
$68.7M
Q2 24
$162.3M
$23.4M
Free Cash Flow
COHR
COHR
ROKU
ROKU
Q1 26
$298.4M
Q4 25
$-95.7M
$106.6M
Q3 25
$-58.0M
$126.5M
Q2 25
$-1.1M
$108.6M
Q1 25
$51.1M
$136.8M
Q4 24
$81.7M
$76.8M
Q3 24
$61.0M
$67.6M
Q2 24
$62.4M
$22.5M
FCF Margin
COHR
COHR
ROKU
ROKU
Q1 26
23.9%
Q4 25
-5.7%
7.6%
Q3 25
-3.7%
10.4%
Q2 25
-0.1%
9.8%
Q1 25
3.4%
13.4%
Q4 24
5.7%
6.4%
Q3 24
4.5%
6.4%
Q2 24
4.7%
2.3%
Capex Intensity
COHR
COHR
ROKU
ROKU
Q1 26
Q4 25
9.1%
0.1%
Q3 25
6.6%
0.1%
Q2 25
8.6%
0.1%
Q1 25
7.5%
0.2%
Q4 24
7.4%
0.2%
Q3 24
6.8%
0.1%
Q2 24
7.6%
0.1%
Cash Conversion
COHR
COHR
ROKU
ROKU
Q1 26
Q4 25
0.39×
1.34×
Q3 25
0.20×
5.14×
Q2 25
10.45×
Q1 25
10.37×
Q4 24
1.81×
Q3 24
5.91×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COHR
COHR

Datacenter And Communications Segment$1.2B72%
Industrial Segment$477.7M28%

ROKU
ROKU

Advertising$612.7M49%
Subscriptions$518.5M42%
Devices$117.6M9%

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