IPG Photonics Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	403.79	620.04	514.67	698.21	709.11
Short-Term Investments	435.54	310.15	662.81	479.37	805.4
Cash & Short-Term Investments	839.33	930.19	1,177	1,178	1,515
Cash Growth	-9.77%	-21.00%	-0.01%	-22.25%	8.87%
Accounts Receivable	181.73	171.13	219.05	211.35	262.12
Inventory	313.42	284.78	453.87	509.36	460.75
Other Current Assets	88.96	44.89	64.25	87.98	110.31
Total Current Assets	1,423	1,431	1,915	1,986	2,348
Net Property, Plant & Equipment	637.52	588.38	602.26	580.56	635.3
Other Intangible Assets	49.93	55.38	26.23	34.12	52.68
Goodwill	71.74	67.24	38.54	38.33	38.61
Long-Term Investments	76.53	-	-	-	-
Other Long-Term Assets	165.12	147.28	117.21	104	96.27
Total Assets	2,424	2,289	2,699	2,743	3,171
Accounts Payable	39.29	35.39	28.62	46.23	55.84
Accrued Expenses	184.85	152.05	181.35	202.76	230.83
Current Portion of Long-Term Debt	-	-	-	16.03	18.13
Other Current Liabilities	9.9	17.59	4.89	9.62	8.64
Total Current Liabilities	234.04	205.02	214.86	274.65	313.43
Long-Term Debt	-	-	-	-	16.03
Other Long-Term Liabilities	62.11	59.77	68.65	83.27	93.86
Total Long-Term Liabilities	62.11	59.77	68.65	83.27	109.89
Total Liabilities	296.15	264.79	283.51	357.92	423.32
Common Stock	0.01	0.01	0.01	0.01	0.01
Treasury Stock	-1,556	-1,505	-1,162	-938.01	-438.5
Additional Paid-in Capital	1,077	1,035	994.02	951.37	908.42
Accumulated Other Comprehensive Income	-38.38	-119.37	-212.53	-204.52	-189.95
Retained Earnings	2,645	2,614	2,795	2,577	2,467
Total Common Shareholders' Equity	2,128	2,024	2,415	2,385	2,747
Minority Interest	-	-	-	-	0.64
Shareholders' Equity	2,128	2,024	2,415	2,385	2,747
Total Liabilities & Equity	2,424	2,289	2,699	2,743	3,171
Total Debt	0	0	0	16.03	34.16
Net Cash (Debt)	839.33	930.19	1,177	1,162	1,480
Net Cash Growth	-9.77%	-21.00%	1.37%	-21.54%	9.40%
Net Cash Per Share	19.68	20.98	24.88	22.81	27.45
Book Value	2,128	2,024	2,415	2,385	2,747
Book Value Per Share	49.90	45.66	51.04	46.84	50.93
Tangible Book Value	2,006	1,902	2,351	2,313	2,655
Tangible Book Value Per Share	47.04	42.90	49.67	45.42	49.24

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.