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COH

Cochlear

Health Care Equipment & Services

Cochlear is a leading global provider of implantable hearing solutions, known for its innovative cochlear implant systems. The company holds a strong market position due to its advanced technology and commitment to improving hearing outcomes. Cochlear's unique value lies in its continuous investment in research and development, ensuring cutting-edge solutions for hearing loss.

Short position

short percentage2.14%
reported shorts1.4M
shares on issue65.399M

Cochlear (ASX:COH) has 2.14% of its shares on issue reported as short positions as of 5 Oct 2026, or about 1,400,880 shares. Over the past 30 days that figure has been broadly flat, and over 90 days it has fallen 7.65 percentage points. Its highest recorded short interest was 18.50% in July 2014. COH is classified in the Health Care Equipment & Services industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.

Price & short interest

Toggle series, zoom, and compare · ASIC daily, T+4

Cochlear (COH) financials

Results, ratios and statements

Latest result

Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency

Revenue
$2.35Bvs $2.34B (FY25)
Yahoo Finance, as at 29 Sep 2026
NPAT
$147.3Mvs $388.9M (FY25)
Yahoo Finance, as at 29 Sep 2026
EPS (diluted)
$2.25vs $5.94 (FY25)
Yahoo Finance, as at 29 Sep 2026
Rev YoY
+0.2%FY
EPS YoY
−62.1%TTM

Key ratios

Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026

Gross margin
70.7%
Operating margin
8.9%
Net margin
6.3%
FCF margin
11.8%
ROE
8.0%
ROA
5.4%
FCF conversion
1.88×
Net cash (excl. leases)
$187.7M
Net debt / EBITDA
−0.6×
Current ratio
2.2×
Interest cover
15.8×
Cash dividends paid / net profit
190.9%
Market cap
$8.40B
P/E
57.0×
P/B
4.8×

Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.

Financial statements

Figures in AUD, the reporting currency; Yahoo Finance unless marked

COH income, newest period first, figures in AUD
Line itemFY26FY25FY24FY23
Revenue$2.35B$2.34B$2.24B$1.94B
Gross profit$1.66B$1.73B$1.67B$1.45B
Operating income$209.2M$406.1M$414.0M$311.9M
EBITDA$331.8M$619.9M$578.9M$486.9M
EBIT$227.1M$529.5M$494.0M$406.0M
Interest expense$13.2M$11.0M$9.2M$9.4M
Pretax income$213.9M$518.5M$484.8M$396.6M
Tax$66.6M$129.6M$128.0M$96.0M
NPAT$147.3M$388.9M$356.8M$300.6M
Net interest income−$3.0M$700.0K$9.8M$7.1M
EPS basic$2.25$5.94$5.45$4.57
EPS diluted$2.25$5.94$5.43$4.56
Shares65.4M65.4M65.5M65.7M