COHU INC Q2 2026: Revenue $149M, Net loss $0.2M — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.COHU INC reported Q2 2026 revenue of $149M, a 38.4% YoY increase driven by AI and industrial demand. Net loss narrowed significantly to $0.2M from $16.9M in the prior year period. Gross margin expanded to 45%. The company maintained elevated R&D spending for new products and AI software while completing restructuring efforts to improve profitability.
COHU INC reported second-quarter 2026 results with revenue of $149M, up from $107.7M in Q2 2025, and a net loss narrowing to $0.2M versus a $16.9M loss a year earlier.
Financial Highlights
- Revenue was $149.0M for Q2 2026, compared with $107.7M in Q2 2025; YoY change 38.4%.
- Net income (loss) was a net loss of $0.2M for Q2 2026, versus a net loss of $16.9M in Q2 2025 (improvement YoY).
- Diluted earnings per share: Not provided in Part I Items 1–2 for the reported periods.
Business Highlights
- Revenue growth was driven by strength in AI and industrial demand, lifting net sales roughly 38% in the quarter and about 34% for the first six months.
- Capital equipment demand from AI/HPC offset weakness in automotive and consumer end markets, shifting channel and product mix.
- Recurring revenue from test consumables and services remained stable, tied to installed base and test volumes.
- Gross margin expanded to about 45% from 43.7%, aided by a favorable product mix and higher manufacturing utilization.
- Company continued elevated R&D spending for new products and AI-driven software while completing restructuring aimed at improving profitability.
Original SEC Filing: COHU INC [ COHU ] - 10-Q - Jul. 31, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.