Coherent vs nLight

Both are primarily Photonics & Optics companies. Coherent has a tracked market cap of $59.2B; nLight is currently unpriced in the dataset. Coherent reports higher tracked revenue ($7.1B vs $261M).

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Side-by-side

CoherentnLight
Market cap$59.2BUnpriced
Revenue$7.1B (FY2026)$261M (FY2025)
Primary segmentPhotonics & OpticsPhotonics & Optics
Market positionmajorniche
CountryUnited StatesUnited States
Tracked suppliers33
Tracked customers233
Chokepoint / criticality68/10050/100

Market caps/revenue from the wafergraph dataset · data as of 2026-10-09. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.

How Coherent and nLight compare

  • Revenue: Coherent reports higher tracked revenue.
  • Supply-chain criticality: Coherent has the higher chokepoint score (68/100 vs 50/100).
  • Footprint: Coherent (United States) vs nLight (United States).

Company hubs

Coherent · nLight · Distribution & Misc segment

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Cite as: wafergraph, “Coherent vs nLight”, https://wafergraph.com/compare/coherent-vs-nlight (data as of 2026-10-09).

Frequently asked questions3
Is Coherent bigger than nLight?
By tracked revenue, Coherent is larger ($7.1B vs $261M).
What's the difference between Coherent and nLight?
Coherent is a major in Photonics & Optics based in United States; nLight is a niche in Photonics & Optics based in United States. Both operate in the Distribution & Misc segment.
Who are Coherent's and nLight's suppliers?
wafergraph tracks 3 suppliers for Coherent and 3 for nLight — Coherent's include Fabrinet, Lumentum Holdings, Broadcom.