An apparatus for measuring performance of a coherent optical receiver includes a beam splitter splitting light into first and second paths, a first optical modulator modulating the first path light, a variable optical attenuator controlling an optical power of the first optical modulator, a first polarization controller transmitting a signal controlling polarization of an output of the variable optical attenuator to the coherent optical receiver, a second optical modulator modulating the second path light, a variable optical delay line delaying time of an output of the second optical modulator, a second polarization controller transmitting a signal controlling polarization of an output of the variable optical delay line to the coherent optical receiver, a network analyzer measuring performance of the coherent optical receiver and controlling the optical modulators, and a controller transmitting a control signal to the optical modulators.