Cohu Inc income statement
In fiscal 2025, Cohu Inc reported revenue of $453m, up 12.7% on the year before, operating income of −$69.8m (a -15.4% margin) and net income of −$74.3m, or −$1.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 171 | 323 | 309 | 206 | 215 | 317 | 270 | 282 | 353 | 452 | 583 | 636 | 887 | 813 | 636 | 402 | 453 | 569 |
| Cost of revenue | 119 | 213 | 209 | 145 | 157 | 211 | 181 | 182 | 209 | 292 | 354 | 364 | — | — | — | — | — | — |
| Gross profit | 52 | 110 | 100 | 68 | 63 | 106 | 89 | 95 | 141 | 159 | 230 | 272 | — | — | — | — | — | — |
| Research and development | 32 | 36 | 36 | 34 | 40 | 36 | 33 | 35 | 41 | 56 | 86 | 86 | 92 | 93 | 89 | 85 | 92 | 100 |
| Selling, general and administrative | 36 | 44 | 47 | 42 | 48 | 51 | 51 | 55 | 61 | 97 | 143 | 129 | 127 | 131 | 132 | 128 | 124 | 134 |
| Operating income | −15 | 30 | 17 | −14 | −31 | 19 | 8 | 3 | 38 | −30 | −52 | 3 | 202 | 126 | 43 | −72 | −70 | −14 |
| Interest expense | — | — | — | — | — | — | — | — | 0 | 5 | 21 | 14 | 6 | 4 | 3 | 1 | 2 | 7 |
| Income before tax | −14 | 34 | 22 | −6 | −31 | 17 | 8 | 6 | 35 | −32 | −72 | −13 | 192 | 127 | 46 | −65 | −62 | −6 |
| Income tax | 14 | 6 | 2 | −1 | −2 | 5 | 2 | 3 | 2 | 1 | −3 | 1 | 25 | 30 | 18 | 5 | 12 | 16 |
| Net income | −28 | 25 | 16 | −12 | −33 | 9 | 0 | 3 | 33 | −32 | −70 | −14 | 167 | 97 | 28 | −70 | −74 | −23 |
| Diluted EPS | −$1.20 | $1.02 | $0.64 | −$0.50 | −$1.34 | $0.33 | $0.01 | $0.11 | $1.14 | −$1.01 | −$1.69 | −$0.33 | $3.45 | $1.98 | $0.59 | −$1.49 | −$1.59 | −$0.46 |
| Diluted shares (average) | 23m | 24m | 25m | 24m | 25m | 26m | 27m | 27m | 29m | 32m | 41m | 42m | 48m | 49m | 48m | 47m | 47m | 49m |
| EBITDA | −4 | 41 | 27 | −5 | −18 | 32 | 19 | 13 | 47 | −4 | 7 | 56 | 250 | 172 | 93 | −19 | −19 | 28 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 94 | 97 | 108 | 126 | 122 | 125 | 149 | 173 |
| Research and development | 21 | 23 | 23 | 22 | 23 | 26 | 25 | 26 |
| Selling, general and administrative | 31 | 30 | 30 | 32 | 32 | 35 | 34 | 33 |
| Operating income | −22 | −27 | −17 | −10 | −15 | −11 | 0 | 13 |
| Interest expense | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 |
| Income before tax | −19 | −26 | −15 | −8 | −14 | −9 | 2 | 14 |
| Income tax | 2 | 5 | 2 | −4 | 9 | 3 | 2 | 2 |
| Net income | −21 | −31 | −17 | −4 | −22 | −12 | −0 | 12 |
| Diluted EPS | −$0.46 | −$0.66 | −$0.36 | −$0.09 | −$0.48 | −$0.26 | $0.00 | $0.22 |
| EBITDA | −9 | −14 | −4 | 4 | −5 | −1 | 11 | 23 |
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