COHU, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $453.0M | $401.8M | $636.3M | $812.8M | $887.2M | $636.0M | $583.3M | $451.8M |
| Cost of Revenue | — | — | — | — | — | $364.2M | $353.5M | $292.5M |
| Gross Profit | — | — | — | — | — | $271.8M | $229.8M | $159.3M |
| Gross Margin | — | — | — | — | — | 42.7% | 39.4% | 35.3% |
| Operating Expenses | ||||||||
| Research & Development | $92.2M | $84.8M | $88.6M | $92.6M | $92.0M | $86.2M | $86.1M | $56.4M |
| SG&A Expense | $123.6M | $128.0M | $132.2M | $131.4M | $127.0M | $129.2M | $142.9M | $96.8M |
| Operating Income | $-69.8M | $-71.7M | $43.3M | $125.6M | $201.5M | $3.3M | $-52.3M | $-29.8M |
| Operating Margin | -15.4% | -17.8% | 6.8% | 15.4% | 22.7% | 0.5% | -9.0% | -6.6% |
| Interest Expense | $2.1M | $618.0K | $3.4M | $4.2M | $6.4M | $13.8M | $20.6M | $5.0M |
| Pretax Income | $-62.4M | $-64.9M | $45.8M | $126.7M | $192.3M | $-13.2M | $-72.1M | $-31.9M |
| Income Tax Expense | $11.9M | $4.9M | $17.7M | $29.9M | $25.0M | $666.0K | $-3.1M | $631.0K |
| Net Income | $-74.3M | $-69.8M | $28.2M | $96.8M | $167.3M | $-13.8M | $-69.7M | $-32.2M |
| Net Margin | -16.4% | -17.4% | 4.4% | 11.9% | 18.9% | -2.2% | -11.9% | -7.1% |
| EPS (Basic) | $-1.59 | $-1.49 | $0.59 | $2.01 | $3.53 | $-0.33 | $-1.69 | $-1.01 |
| EPS (Diluted) | $-1.59 | $-1.49 | $0.59 | $1.98 | $3.45 | $-0.33 | $-1.69 | $-1.01 |
| Shares Outstanding (Basic) | 46.7M | 46.9M | 47.5M | 48.2M | 47.4M | 41.9M | 41.2M | 31.8M |
| Shares Outstanding (Diluted) | 46.7M | 46.9M | 48.0M | 48.8M | 48.5M | 41.9M | 41.2M | 31.8M |
| Dividends Per Share | — | — | — | — | — | $0.06 | $0.24 | $0.24 |