| Stage | LITE | % of rev | COHR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.3B | 100.00% | $2.4B | 100.00% | COHR ×1.88 |
| Gross profit | $644M | 51.01% | $928M | 39.14% | LITE +11.9pp |
| Operating income | $360M | 28.50% | $359M | 15.14% | LITE +13.4pp |
| Pre-tax income | $370M | 29.33% | $359M | 15.14% | LITE +14.2pp |
| Net income | $360M | 28.54% | $382M | 16.10% | LITE +12.4pp |
| Stage | LITE | COHR | Gap · A − B |
|---|---|---|---|
| Revenue | $1.3B100.00% | $2.4B100.00% | COHR ×1.88 |
| Gross profit | 51.01%$644M | 39.14%$928M | LITE +11.9pp |
| Operating income | 28.50%$360M | 15.14%$359M | LITE +13.4pp |
| Pre-tax income | 29.33%$370M | 15.14%$359M | LITE +14.2pp |
| Net income |
| 28.54%$360M |
| 16.10%$382M |
| LITE +12.4pp |
LITE 10-KAug 19 '25
“As a result, we stopped all of our product shipments to Huawei, historically our largest networking customer in China, in the beginning of calendar year 2024.”
COHR 10-KAug 14 '26
“In January 2025, we received an inquiry from BIS concerning past product sales to Huawei; we are cooperating with BIS's inquiry and conducting an internal review of those sales to determine what products are subject to the EAR and consequently restricted for export, reexport, and transfer when Huawei is a party to the transaction.”