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Inferra AI / Company / COHU

Cohu Inc

COHU · Information Technology

Last earnings Oct 28, 2026

Key results

Gross marginquarter

43.8%

Gross margin of 43.8%; non-GAAP gross margin of 44.1% Accelerating in AI data center markets with Neon HBM inspection and Eclipse test handler POWAY, Calif.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

AI analysis

Q3 2025 · reported Oct 29, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Gross margin · Q3 2025
43.8%
EX-99 · Oct 29, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Gross margin43.8%——

EX-99 · Oct 29, 2025

Guidance · company-stated

Direction: raised

No guidance located in the held release

Outlook statement

“We are raising our fiscal year 2026 high-performance computing revenue outlook to approximately $120 million.”

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin43.8%

Capital allocation

Cohu did not repurchase any shares of its common stock during third quarter 2025.

The proceeds from our recent convertible debt offering will be strategically deployed to support these initiatives and accelerate our innovation roadmap.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Cohu also reported non-GAAP results, with third quarter 2025 loss of $2.8 million or $0.06 per share and loss of $2.9 million or $0.06 per share for the first nine months of 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Cohu did not repurchase any shares of its common stock during third quarter 2025.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The proceeds from our recent convertible debt offering will be strategically deployed to support these initiatives and accelerate our innovation roadmap.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

These non-GAAP financial measures adjust the Company s actual results prepared under GAAP to exclude charges and the related income tax effect for: share-based compensation, the amortization of purchased intangible assets, restructuring costs, manufacturing transition and severance costs, impairments, duplicate facility costs, acquisition-related costs and associated professional fees, depreciation of purchase accounting adjustments to property, plant and equipment, fair value adjustment to contingent consideration, pension curtailment gain, amortization of cloud-based software implementation costs (Adjusted EBITDA only ) and loss on extinguishment of debt (Adjusted EBITDA only ).

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Debt Issuance Costs We defer costs related to the issuance of debt.

SEC original ↗Cohu Inc — 10-Q Quarterly report10-QJul 31, 2026

Debt issuance costs directly related to our Convertible Notes (the Notes ) are presented within noncurrent liabilities as a reduction of long-term debt in our consolidated balance sheets.

SEC original ↗Cohu Inc — 10-Q Quarterly report10-QJul 31, 2026

The amortization of such costs is recognized as interest expense using the effective interest method over the term of the respective debt issue.

SEC original ↗Cohu Inc — 10-Q Quarterly report10-QJul 31, 2026

Strategy & priorities

We are confident in our long-term outlook as we advance strategic initiatives, invest in cutting-edge technologies, and consistently deliver unique value to our customers.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The proceeds from our recent convertible debt offering will be strategically deployed to support these initiatives and accelerate our innovation roadmap.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Management initiated certain restructuring and manufacturing transition activities including employee headcount reductions and other organizational changes to align our business strategies in light of our acquisitions.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

(l) To eliminate the pension curtailment gain recognized associated with headcount reductions made as part of the 2025 Strategic Restructuring plan.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

(m) To eliminate the pension curtailment gain recognized associated with headcount reductions made as part of the 2025 Strategic Restructuring plan.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Risks & headwinds

With respect to any forward-looking non-GAAP figures, we are unable to provide without unreasonable efforts, at this time, a GAAP to non-GAAP reconciliation of any forward-looking figures due to their inherent uncertainty.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

These and other risks and uncertainties are discussed more fully in Cohu s filings with the SEC, including our most recent Form 10-K and Form 10-Q, and the other filings made by Cohu with the SEC from time to time, which are available via the SEC s website at www.

SEC original ↗Cohu Inc — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Legal Proceedings 44 Item 1A.

SEC original ↗Cohu Inc — 10-Q Quarterly report10-QJul 31, 2026

If circumstances change and an interim impairment assessment is required, it could result in a non cash impairment charge, which could be material and would adversely affect our results of operations and financial condition.

SEC original ↗Cohu Inc — 10-Q Quarterly report10-QJul 31, 2026

Included in the transaction price estimate are amounts in which it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved.

SEC original ↗Cohu Inc — 10-Q Quarterly report10-QJul 31, 2026

Documents

Earnings deck slides

0 decks with slide view

Cohu Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Microsoft (MSFT) Information TechnologyTeradyne (TER) Information TechnologyASML Holding (ASML) Information TechnologyMicron Technology (MU) Information TechnologySeagate Technology (STX) Information TechnologyUnited Microelectronics (UMC) Information TechnologyMonolithic Power Systems (MPWR) Information TechnologyCoherent Corp. (COHR) Information Technology

Filings

34 documents

Earnings releases

45 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for Cohu Inc are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.