--- title: "Coherent Corp.: Competitors" description: "Coherent Corp. compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how peers are chosen." canonical: https://www.getswoopr.com/stocks/companies/coherent-corp/competitors/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Coherent Corp.: Competitors & Industry Structure ## Direct Answer SEC EDGAR classifies Coherent Corp. under SIC code 3827 (Optical Instruments & Lenses). Among Swoopr's S&P 500 Equal Weight companies, 4 others share that classification; by latest reported revenue, Coherent Corp. ranks 2 of 5. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes. ## How Does Coherent Corp. Compare With Its Peers? | Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin | | --- | --- | --- | --- | --- | | [KLA (KLAC)](https://www.getswoopr.com/stocks/companies/kla/) | $12.2 billion FY2025 | 23.9% | n/a | 33.4% | | **Coherent Corp. (COHR)** | $5.8 billion FY2025 | 23.4% | n/a | 0.5% | | [Optex Systems Holdings Inc. (OPXS)](https://www.getswoopr.com/stocks/companies/optex-systems-holdings-inc/) | $41 million FY2025 | 21.6% | 17.3% | 12.5% | | [Syntec Optics Holdings Inc. (OPTX)](https://www.getswoopr.com/stocks/companies/syntec-optics-holdings-inc/) | $28 million FY2025 | -1.3% | -1.8% | -6.4% | | [MultiSensor AI Holdings Inc. (MSAI)](https://www.getswoopr.com/stocks/companies/multisensor-ai-holdings-inc/) | $6 million FY2025 | -25.0% | -216.4% | -211.0% | Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care. ## How Does Coherent Corp. Rank Among All SEC Filers in Its Industry Code? 5 companies with annual reports in Swoopr's SEC dataset share SIC code 3827 (Optical Instruments & Lenses), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars. | Measure | Coherent Corp. | Median of filers | Rank | | --- | --- | --- | --- | | Revenue | $5.8 billion | $41 million | 2 of 5 | | Revenue growth | 23.4% | 21.6% | 2 of 5 | | Net margin | 0.5% | 0.5% | 3 of 5 | A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality. ## Where These Numbers Come From Every figure on this page is a value Coherent Corp. reported in its own SEC filings, read from the SEC's XBRL data (accession 0000820318-26-000020 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### Who are Coherent Corp.'s competitors? Companies sharing Coherent Corp.'s SEC classification (SIC code 3827 (Optical Instruments & Lenses)) include KLA (KLAC), Optex Systems Holdings Inc. (OPXS), Syntec Optics Holdings Inc. (OPTX), MultiSensor AI Holdings Inc. (MSAI). Its 10-K names the competitors it considers most relevant. ### How does Coherent Corp. compare with its peers on margins? A margin comparison needs reported operating income for Coherent Corp. and its peers; where either is missing, Swoopr leaves the comparison out. ### How are these peers chosen? By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict. ### How does Coherent Corp. rank among all companies in its SEC industry? Among 5 SEC filers under SIC code 3827, Coherent Corp. ranks 2 by latest revenue. ## References - [SEC EDGAR: COHERENT CORP. Form 10-K filed August 14, 2026](https://www.sec.gov/Archives/edgar/data/820318/000082031826000020/iivi-20260630.htm) - [SEC EDGAR: COHERENT CORP. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=820318&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Coherent Corp. company dossier](https://www.getswoopr.com/stocks/companies/coherent-corp/) - [Coherent Corp. financial metrics](https://www.getswoopr.com/stocks/companies/coherent-corp/metrics/) - [Coherent Corp. financial risk indicators](https://www.getswoopr.com/stocks/companies/coherent-corp/risks/) - [Coherent Corp. peer comparison](https://www.getswoopr.com/stocks/companies/coherent-corp/competitors/) - [Coherent Corp. business model and revenue mix](https://www.getswoopr.com/stocks/companies/coherent-corp/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).