COHU Cohu margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 41

Gross margin

44.5%

Operating margin

-2.4%

EBITDA margin

7.9%

Net margin

-4%

Cohu reports a gross margin of 44.5%, an operating margin of -2.4%, an EBITDA margin of 7.9%, and a net margin of -4%, while its operating margin is negative at -2.4%, and its net margin is negative at -4%. Operating margin headed the improvement across the available margins, gaining by 15.5 percentage points.

COHU margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Cohu's margins averaged 44.91% gross, -10.14% operating, 2.91% EBITDA, and -10.92% net. For Cohu, operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

COHU margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by operating margin with an increase of 15.5 percentage points.

Gross margin expansion

1.2pp

Operating margin expansion

15.5pp

EBITDA margin expansion

10.6pp

Net margin expansion

13.2pp

COHU Gross margin

Cohu recorded an average gross margin of 44.91% across the last 3 years. The current gross margin of 44.5% is 0.4 percentage points below its three-year average. During this period, gross margin reached a high of 47.6% in Dec 2023 and a low of 42.7% in Dec 2025.

COHU Operating margin

Across the last 3 years, Cohu's operating margin averaged -10.14%. The latest operating margin for Cohu is -2.4%, 7.7 percentage points above its three-year average. Operating margin was highest at 6.8% in Dec 2023 and lowest at -20.8% in Jun 2025.

COHU EBITDA margin

Over the last 3 years, the average EBITDA margin for Cohu was 2.91%. Cohu's current EBITDA margin is 7.9% and is 5 percentage points above its three-year average. Cohu's EBITDA margin ranged from a low of -4.8% in Mar 2025 to a high of 16% in Dec 2023.

COHU Net margin

In the last 3 years, Cohu had an average net margin of -10.92%. Against its three-year average, Cohu's net margin is currently -4%, 6.9 percentage points above its three-year average. Looking back over the last 3 years, Cohu's net margin reached 4.4% at its highest point in Dec 2023 and -22.1% at its lowest in Jun 2025.

COHU margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 44.5%, COHU stands above the industry average but below the Technology sector and its peers average. Compared to its Technology sector average of 52.5%, Cohu's gross margin is 15% lower.

COHU margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Cohu's gross margin?

For the period ending Sep 26, 2026, COHU recorded a gross margin of 44.5%.

What is Cohu's operating margin?

For the period ending Sep 26, 2026, COHU recorded an operating margin of -2.4%.

What is Cohu's EBITDA margin?

For the period ending Sep 26, 2026, COHU recorded an EBITDA margin of 7.9%.

What is Cohu's net margin?

For the period ending Sep 26, 2026, COHU recorded a net margin of -4%.

What are the average margins of COHU?

The three-year average margins for COHU were 44.9% gross, -10.1% operating, 2.9% EBITDA, and -10.9% net.

What are the highest historical margins of COHU?

Over the last 5 years, Cohu's highest margins were 48% gross in Jul 2023, 22.7% operating in Dec 2021, 28.3% EBITDA in Mar 2022, and 18.9% net in Dec 2021.

What are the lowest historical margins of COHU?

Within the 5-year period, COHU recorded its lowest margins at 42.7% gross in Dec 2025, -20.8% operating in Jun 2025, -4.8% EBITDA in Mar 2025, and -22.1% net in Jun 2025.