Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2026

Schedule of Reconciliation of Basic and Diluted Earnings (Loss) Per Share



Year Ended June 30,	2026		2025		2024


Numerator
Net earnings (loss) attributable to Coherent Corp.	$	804,998	$	49,364	$	(156,154)


Deduct Series B dividends and deemed dividends	(35,102)		(129,926)		(123,357)
Basic earnings (loss) available to common shareholders	$	769,896	$	(80,562)	$	(279,511)

Effect of dilutive securities:


Add back Series B preferred stock dividends	$	31,751	$	—	$	—
Add back Series B deemed dividends	3,351		—		—
Diluted earnings (loss) available to common shareholders	$	804,998	$	(80,562)	$	(279,511)

Denominator
Weighted average shares	177,269		154,755		151,642
Effect of dilutive securities:
Common stock equivalents	5,699		—		—


Series B Convertible Preferred Stock	12,419		—		—
Diluted weighted average common shares	195,387		154,755		151,642

Basic earnings (loss) per common share	$	4.34	$	(0.52)	$	(1.84)

Diluted earnings (loss) per common share	$	4.12	$	(0.52)	$	(1.84)

Schedule of Potential Shares Excluded from Calculation of Diluted Net Loss Per Share

The following table presents potential shares of common stock excluded from the calculation of diluted net earnings (loss) per share, as their effect would have been anti-dilutive (000):



Year Ended June 30,	2026	2025	2024




Series B Convertible Preferred Stock	—	29,103	27,691
Common stock equivalents	—	4,548	2,940
Total anti-dilutive shares	—	33,651	30,631