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IPG Photonics (IPGP) is a Information Technology company in the Russell 1000. Latest news and coverage below.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.01B | $1.41B | $1.46B | $1.31B | $1.20B | $1.46B | $1.43B | $1.29B | $977.1M | $1.00B |
| Growth (year over year) | +11.6% | +40.0% | +3.6% | −10.0% | −8.7% | +21.7% | −2.1% | −9.9% | −24.1% | +2.7% |
| Gross profit | $552.2M | $796.9M | $800.3M | $606.2M | $539.0M | $696.4M | $555.4M | $541.7M | $338.2M | $381.5M |
| Gross margin | 54.9% | 56.6% | 54.8% | 46.1% | 44.9% | 47.7% | 38.9% | 42.1% | 34.6% | 38.0% |
| Operating income | $364.3M | $551.1M | $523.4M | $233.8M | $198.7M | $367.9M | $169.5M | $232.0M | −$208.3M | $13.1M |
| Operating margin | 36.2% | 39.1% | 35.9% | 17.8% | 16.5% | 25.2% | 11.9% | 18.0% | −21.3% | 1.3% |
| Net income | $260.8M | $347.6M | $404.0M | $180.2M | $159.6M | $278.4M | $109.9M | $218.9M | −$181.5M | $31.1M |
| Net margin | 25.9% | 24.7% | 27.7% | 13.7% | 13.3% | 19.1% | 7.7% | 17.0% | −18.6% | 3.1% |
| EPS (diluted) | $4.85 | $6.36 | $7.38 | $3.35 | $2.97 | $5.16 | $2.16 | $4.63 | −$4.09 | $0.73 |
| Balance sheet | ||||||||||
| Cash and equivalents | $623.9M | $909.9M | $544.4M | $680.1M | $876.2M | $709.1M | $698.2M | $514.7M | $620.0M | $403.8M |
| Total assets | $1.79B | $2.37B | $2.57B | $2.73B | $2.94B | $3.17B | $2.74B | $2.70B | $2.29B | $2.42B |
| Total liabilities | $232.3M | $344.9M | $368.2M | $328.0M | $341.6M | $423.3M | $357.9M | $283.5M | $264.8M | $296.1M |
| Long-term debt | $37.6M | $45.4M | $41.7M | $38.0M | $34.2M | $16.0M | $0 | — | — | — |
| Shareholders' equity | $1.56B | $2.02B | $2.21B | $2.40B | $2.59B | $2.75B | $2.39B | $2.42B | $2.02B | $2.13B |
| Cash flow | ||||||||||
| Operating cash flow | $297.7M | $405.4M | $393.3M | $323.5M | $285.3M | $389.7M | $212.6M | $296.0M | $247.9M | $75.3M |
| Capital expenditure | $127.0M | $126.5M | $160.3M | $133.5M | $87.7M | $123.1M | $110.1M | $110.5M | $98.5M | $78.8M |
| Free cash flow | $170.7M | $278.9M | $233.0M | $190.0M | $197.6M | $266.6M | $102.5M | $185.5M | $149.4M | −$3.45M |
| Share buybacks | $8.95M | $40.0M | $176.1M | $40.7M | $37.9M | $134.9M | $499.5M | $223.5M | $343.8M | $53.1M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $233.1M | $234.3M | $227.8M | $250.7M | $250.8M | $274.5M | $265.5M | $278.6M |
| Growth (year over year) | −22.6% | −21.6% | −9.6% | −2.7% | +7.6% | +17.1% | +16.6% | +11.1% |
| Gross profit | $54.1M | $90.3M | $89.8M | $93.6M | $99.0M | $99.1M | $99.5M | $112.5M |
| Gross margin | 23.2% | 38.6% | 39.4% | 37.3% | 39.5% | 36.1% | 37.5% | 40.4% |
| Operating income | −$253.3M | $14.0M | $1.83M | $104.0K | $7.86M | $3.32M | −$7.74M | $4.53M |
| Operating margin | −108.7% | 6.0% | 0.8% | 0.0% | 3.1% | 1.2% | −2.9% | 1.6% |
| Net income | −$233.6M | $7.82M | $3.76M | $6.61M | $7.46M | $13.3M | $1.58M | $5.24M |
| Net margin | −100.2% | 3.3% | 1.6% | 2.6% | 3.0% | 4.8% | 0.6% | 1.9% |
| EPS (diluted) | −$5.33 | $0.27 | $0.09 | $0.16 | $0.18 | $0.30 | $0.04 | $0.12 |
| Balance sheet | ||||||||
| Cash and equivalents | $883.9M | $620.0M | $363.0M | $359.2M | $346.0M | $403.8M | $480.8M | $399.2M |
| Total assets | $2.36B | $2.29B | $2.32B | $2.38B | $2.38B | $2.42B | $2.42B | $2.42B |
| Total liabilities | $240.5M | $264.8M | $256.9M | $274.9M | $276.2M | $296.1M | $305.8M | $297.4M |
| Shareholders' equity | $2.11B | $2.02B | $2.06B | $2.10B | $2.10B | $2.13B | $2.12B | $2.13B |
| Cash flow | ||||||||
| Operating cash flow | $66.1M | $73.8M | $13.4M | −$2.22M | $35.3M | $28.8M | −$5.46M | $37.8M |
| Capital expenditure | $23.1M | $23.2M | $24.8M | $15.4M | $20.7M | $17.9M | $16.3M | $20.7M |
| Free cash flow | $43.0M | $50.6M | −$11.4M | −$17.6M | $14.6M | $10.9M | −$21.8M | $17.1M |
| Share buybacks | $74.5M | $57.3M | — | — | — | — | $0 | $0 |
From IPG Photonics's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
IPG Photonics Corporation is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, and Italy.
Source: Wikipedia — IPG Photonics
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