IPG Photonics Corporation (BMV:IPGP)

IPG Photonics Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	359.18	620.04	514.67	698.21	709.11	876.23
Short-Term Investments	540.41	310.15	662.81	479.37	805.4	514.84
Cash & Short-Term Investments	899.6	930.19	1,177	1,178	1,515	1,391
Cash Growth	-15.44%	-21.00%	-0.01%	-22.25%	8.87%	17.63%
Receivables	201.04	175.87	228.44	219.97	271.47	273.32
Inventory	303.84	284.78	453.87	509.36	460.75	364.99
Prepaid Expenses	40.87	22.56	28.83	38.43	63.98	46.48
Restricted Cash	-	-	-	-	-	2.32
Other Current Assets	28.81	17.59	26.04	40.93	36.99	69.89
Total Current Assets	1,474	1,431	1,915	1,986	2,348	2,148
Property, Plant & Equipment	621.35	602.9	616.2	596.13	656.99	619.25
Long-Term Investments	-	-	-	0.2	-	-
Goodwill	71.76	67.24	38.54	38.33	38.61	41.37
Other Intangible Assets	54.65	55.38	26.23	34.12	52.68	62.11
Long-Term Deferred Tax Assets	114.27	115.03	88.79	75.15	47.76	43.2
Other Long-Term Assets	43.26	17.72	14.48	13.09	26.82	21.7
Total Assets	2,379	2,289	2,699	2,743	3,171	2,936
Accounts Payable	41.52	35.39	28.62	46.23	55.84	25.75
Accrued Expenses	170.79	56.57	67.05	78.25	94.86	62.79
Current Portion of Long-Term Debt	-	-	-	16.03	18.13	3.81
Current Portion of Leases	-	4.84	4.6	5.23	5.45	5.78
Current Income Taxes Payable	4.64	17.59	4.89	9.62	8.64	8.28
Current Unearned Revenue	-	56.45	69.22	80.07	89.66	71.25
Other Current Liabilities	-	34.19	40.48	39.21	40.86	36.93
Total Current Liabilities	216.95	205.02	214.86	274.65	313.43	214.58
Long-Term Debt	-	-	-	-	16.27	34.76
Long-Term Leases	-	13.12	13.66	16.79	18.52	18.45
Long-Term Unearned Revenue	-	-	-	-	-	2.19
Long-Term Deferred Tax Liabilities	-	14.21	1.51	1.47	1.63	50.29
Other Long-Term Liabilities	57.94	32.44	53.48	65.02	73.46	21.32
Total Liabilities	274.9	264.79	283.51	357.92	423.32	341.59
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,053	1,035	994.02	951.37	908.42	854.3
Retained Earnings	2,624	2,614	2,795	2,577	2,467	2,188
Treasury Stock	-1,536	-1,505	-1,162	-938.01	-438.5	-303.61
Comprehensive Income & Other	-37.24	-119.37	-212.53	-204.52	-189.95	-146.07
Total Common Equity	2,105	2,024	2,415	2,385	2,747	2,593
Minority Interest	-	-	-	-	0.64	1.29
Shareholders' Equity	2,105	2,024	2,415	2,385	2,747	2,594
Total Liabilities & Equity	2,379	2,289	2,699	2,743	3,171	2,936
Total Debt	-	17.96	18.26	38.05	58.37	62.8
Net Cash (Debt)	899.6	912.23	1,159	1,140	1,456	1,328
Net Cash Growth	-14.04%	-21.31%	1.73%	-21.74%	9.63%	19.11%
Net Cash Per Share	20.98	20.58	24.50	22.38	27.00	24.70
Filing Date Shares Outstanding	42.33	42.55	46.1	47.63	52.94	53.53
Total Common Shares Outstanding	42.33	42.55	46.32	48.14	53.01	53.43
Working Capital	1,257	1,226	1,700	1,712	2,034	1,933
Book Value Per Share	49.72	47.58	52.14	49.55	51.81	48.53
Tangible Book Value	1,978	1,902	2,351	2,313	2,655	2,489
Tangible Book Value Per Share	46.73	44.70	50.75	48.05	50.09	46.59
Land	-	40.8	52.51	52.62	51.25	51.45
Buildings	-	419.64	446.03	434.7	433.96	412.73
Machinery	-	549.68	539.28	497.83	590.73	550.62
Construction In Progress	-	152.68	118.34	103.66	106.68	70.34
Order Backlog	-	636.2	691.4	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.