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Coherent10-Q: Cash flow concern

Operating cash flow plummets 98% to $10M from $503M due to inventory build-up

What happened

The drastic drop in cash flow, despite revenue growth, highlights significant working capital strain and potential liquidity issues.

Source

SEC EDGARMay 6, 2026

Quarterly report (Form 10-Q)

Coherent 10-Q

Filing excerpt

Net cash provided by operating activities was $10 million for the nine months ended March 31, 2026 compared to $503 million for the same period in the prior fiscal year.

sec.gov/Archives/edgar/data/820318/000082031826000013/iivi-20260331.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Cash flow concern

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
03/31
Filed
May 6, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$10M (Net cash provided by operating activities for the nine months ended March 31, 2026)
Percent
-98% (Decrease in operating cash flow from $503M in the prior year period)

Details

CIK
820318
Accession number
0000820318-26-000013
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Treasury/cash management needs
Signal category
Financial

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
cashFlowConcern

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/1b6d11a6-4b94-40e1-af0e-7637a64f33c5 returns this record as JSON. POST /v1/companies/enrich returns every signal for coherent.com.

{
  "signal_id": "1b6d11a6-4b94-40e1-af0e-7637a64f33c5",
  "signal_type": "sec-10q",
  "signal_subtype": "cashFlowConcern",
  "detected_at": "2026-05-12T09:24:58.526+00:00",
  "company": {
    "name": "Coherent",
    "domain": "coherent.com"
  },
  "data": {
    "detail": "The drastic drop in cash flow, despite revenue growth, highlights significant working capital strain and potential liquidity issues. This creates an urgent need for solutions that improve inventory management, supply chain visibility, and cash conversion cycles.",
    "metrics": {
      "pct": -0.98,
      "timeframe": "current_quarter",
      "pct_context": "Decrease in operating cash flow from $503M in the prior year period",
      "dollar_context": "Net cash provided by operating activities for the nine months ended March 31, 2026",
      "dollar_millions": 10
    },
    "summary": "Operating cash flow plummets 98% to $10M from $503M due to inventory build-up",
    "excerpts": "Net cash provided by operating activities was $10 million for the nine months ended March 31, 2026 compared to $503 million for the same period in the prior fiscal year.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/820318/000082031826000013/iivi-20260331.htm",
    "filing_date": "2026-05-06",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Treasury/cash management needs",
    "signal_category": "financial"
  }
}

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