Cohu — Third Quarter 2026 Earnings Summary

Cohu, Inc. reported third-quarter 2026 net sales of $173.0 million, representing a 37% year-over-year increase, with GAAP net income of $12.1 million or $0.22 per share. The company's bookings surged 126% year-over-year, driven by a 318% increase in systems sales, while the annual AI-driven compute opportunity pipeline grew to approximately $1.0 billion. Cohu raised its fiscal 2026 high-performance computing revenue outlook to roughly $120 million and expects fourth-quarter 2026 sales to range between $171 million and $185 million.