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Midas Edge

COHU INC

For the period ended Mar 28, 2026. Filed May 1, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 28, 2026 · Filed May 1, 2026

COHU$43.40+12.8%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Item 1. Financial Statements

Condensed Consolidated Balance Sheets March 28, 2026 (unaudited) and December 27, 20253
Condensed Consolidated Statements of Operations (unaudited) Three Months Ended March 28, 2026 and March 29, 20254
Condensed Consolidated Statements of Comprehensive Loss (unaudited) Three Months Ended March 28, 2026 and March 29, 20255
Condensed Consolidated Statements of Stockholders’ Equity (unaudited) Three Months Ended March 28, 2026 and March 29, 20256
Condensed Consolidated Statements of Cash Flows (unaudited) Three Months Ended March 28, 2026 and March 29, 20257
Notes to Unaudited Condensed Consolidated Financial Statements8
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations29
Item 3.Quantitative and Qualitative Disclosures About Market Risk38
Item 4.Controls and Procedures39
Part IIOther Information
Item 1.Legal Proceedings40
Item 1A.Risk Factors40
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds40
Item 3.Defaults Upon Senior Securities40
Item 4.Mine Safety Disclosures41
Item 5.Other Information41
Item 6.Exhibits42
Signatures43

Item 1.

COHU, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except par value amounts)

March 28,December 27,
20262025 *
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents$210,941$227,053
Short-term investments277,759256,928
Accounts receivable, net101,454108,754
Inventories130,805129,006
Prepaid expenses27,26424,356
Other current assets5,9803,893
Total current assets754,203749,990
Property, plant and equipment, net76,67276,987
Goodwill280,253283,027
Intangible assets, net71,60379,272
Other assets23,88424,435
Operating lease right of use assets28,42229,271
$1,235,037$1,242,982
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings$9,816$9,807
Current installments of long-term debt1,2171,244
Accounts payable48,69640,708
Customer advances5,3112,802
Accrued compensation and benefits23,67322,463
Deferred profit7,6148,626
Accrued warranty4,3484,179
Income taxes payable3,1542,789
Other accrued liabilities13,47916,460
Total current liabilities117,308109,078
Long-term debt284,987285,026
Deferred income taxes17,11315,469
Noncurrent income tax liabilities3,8633,975
Accrued retirement benefits5,1605,472
Long-term lease liabilities31,14931,693
Other accrued liabilities6,4646,730
Stockholders’ equity
Preferred stock, $1 par value; 1,000 shares authorized, none issued--
Common stock, $1 par value; 90,000 shares authorized, 50,166 shares issued and outstanding in 2026 and 49,875 shares in 202550,16649,875
Paid-in capital681,353681,509
Treasury stock, at cost; 2,997 shares in 2026 and 3,030 shares in 2025(86,865)(87,842)
Retained earnings162,399174,467
Accumulated other comprehensive loss(38,060)(32,470)
Total stockholders’ equity768,993785,539
$1,235,037$1,242,982

*Derived from December 27, 2025, audited financial statements

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.