# Cohu Inc. (COHU)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $2.74B  
**Price:** $58.57 (+7.53%)

> Cohu Inc. is a global supplier of equipment and services that optimize semiconductor manufacturing yield and productivity. The company provides back-end semiconductor test and handling capital equipment, interface products, inspection metrology automation systems, micro-electromechanical system test modules, test contactors, thermal subsystems, and data analytics software. These solutions serve semiconductor manufacturers and test subcontractors for wafer level and device package testing, including pick-and-place handlers and gravity feed handlers. Cohu Inc. supports key markets such as data centers, high-bandwidth memory (HBM), AI compute, automotive, and industrial semiconductors, with notable offerings like the Neon inspection metrology platform for HBM. It operates internationally, including in the United States, China, Malaysia, the Philippines, and Singapore. Founded in 1947 and headquartered in Poway, California, Cohu Inc. plays a vital role in the semiconductor equipment sector by enhancing test cell utilization and enabling advanced manufacturing processes.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $453M | — | -$70M | -$74M | — |
| 2024 | $402M | — | -$72M | -$70M | — |
| 2023 | $636M | — | $43M | $28M | — |
| 2022 | $813M | — | $126M | $97M | — |
| 2021 | $887M | — | $202M | $167M | — |
| 2020 | $636M | $272M | $3M | -$14M | — |
| 2019 | $583M | $230M | -$52M | -$70M | — |
| 2018 | $452M | $159M | -$30M | -$32M | — |
| 2017 | $353M | $141M | $38M | $33M | — |
| 2016 | $282M | $95M | $3M | $3M | — |
| 2015 | $270M | $89M | $8M | $250,000 | — |
| 2014 | $317M | $112M | $19M | $9M | — |
| 2013 | $215M | $71M | -$31M | -$33M | — |
| 2012 | $206M | $68M | -$14M | -$12M | — |
| 2011 | $309M | $100M | $17M | $16M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.24B | — | $786M | $227M | $305M |
| 2024 | $999M | — | $857M | $206M | $9M |
| 2023 | $1.15B | — | $950M | $246M | $41M |
| 2022 | $1.23B | — | $929M | $242M | $80M |
| 2021 | $1.26B | — | $883M | $290M | $119M |
| 2020 | $1.09B | — | $512M | $149M | $326M |
| 2019 | $1.08B | — | $483M | $155M | $360M |
| 2018 | $1.13B | — | $546M | $164M | $359M |
| 2017 | $420M | — | $289M | $134M | $5M |
| 2016 | $346M | — | $235M | $96M | — |
| 2015 | $345M | — | $238M | $115M | — |
| 2014 | $345M | — | $247M | $71M | — |
| 2013 | $345M | — | $253M | $52M | — |
| 2012 | $335M | — | $281M | $103M | — |
| 2011 | $362M | — | $291M | $53M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $32M | $21M | $11M |
| 2024 | $3M | $11M | -$8M |
| 2023 | $101M | $16M | $85M |
| 2022 | $113M | $15M | $98M |
| 2021 | $98M | $12M | $86M |
| 2020 | $50M | $19M | $31M |
| 2019 | $17M | $18M | -$731,000 |
| 2018 | $34M | $5M | $29M |
| 2017 | $40M | $6M | $34M |
| 2016 | $25M | $3M | $21M |
| 2015 | $21M | $7M | $15M |
| 2014 | $20M | $1M | $18M |
| 2013 | $3M | $4M | -$190,000 |
| 2012 | $13M | $3M | $10M |
| 2011 | $12M | $1M | $11M |

Source: [CompaniesByCap](https://companiesbycap.com/company/COHU)