IPG Photonics Corporation (LON:0J86)

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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	346.03	620.04	514.67	698.21	709.11	876.23
Short-Term Investments	524.36	310.15	662.81	479.37	805.4	514.84
Cash & Short-Term Investments	870.39	930.19	1,177	1,178	1,515	1,391
Cash Growth	-14.61%	-21.00%	-0.01%	-22.25%	8.87%	17.63%
Receivables	169.13	175.87	228.44	219.97	271.47	273.32
Inventory	323.93	284.78	453.87	509.36	460.75	364.99
Prepaid Expenses	43.22	22.56	28.83	38.43	63.98	46.48
Restricted Cash	-	-	-	-	-	2.32
Other Current Assets	27.85	17.59	26.04	40.93	36.99	69.89
Total Current Assets	1,435	1,431	1,915	1,986	2,348	2,148
Property, Plant & Equipment	622.12	602.9	616.2	596.13	656.99	619.25
Long-Term Investments	30.17	-	-	0.2	-	-
Goodwill	71.65	67.24	38.54	38.33	38.61	41.37
Other Intangible Assets	52.23	55.38	26.23	34.12	52.68	62.11
Long-Term Deferred Tax Assets	119.55	115.03	88.79	75.15	47.76	43.2
Other Long-Term Assets	50.73	17.72	14.48	13.09	26.82	21.7
Total Assets	2,381	2,289	2,699	2,743	3,171	2,936
Accounts Payable	40.23	35.39	28.62	46.23	55.84	25.75
Accrued Expenses	79.01	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	4.9	4.84	4.6	5.23	5.45	5.78
Current Income Taxes Payable	2.13	17.59	4.89	9.62	8.64	8.28
Current Unearned Revenue	54.89	56.45	69.22	80.07	89.66	71.25
Other Current Liabilities	32.22	34.19	40.48	39.21	40.86	36.93
Total Current Liabilities	213.38	205.02	214.86	274.65	313.43	214.58
Long-Term Debt	-	-	-	-	16.27	34.76
Long-Term Leases	12.46	13.12	13.66	16.79	18.52	18.45
Long-Term Unearned Revenue	-	-	-	-	-	2.19
Long-Term Deferred Tax Liabilities	11.04	14.21	1.51	1.47	1.63	50.29
Other Long-Term Liabilities	39.27	32.44	53.48	65.02	73.46	21.32
Total Liabilities	276.15	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	1,064	1,035	994.02	951.37	908.42	854.3
Retained Earnings	2,632	2,614	2,795	2,577	2,467	2,188
Treasury Stock	-1,552	-1,505	-1,162	-938.01	-438.5	-303.61
Comprehensive Income & Other	-38.73	-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	2,381	2,289	2,699	2,743	3,171	2,936
Total Debt	17.36	17.96	18.26	38.05	58.37	62.8
Net Cash (Debt)	853.02	912.23	1,159	1,140	1,456	1,328
Net Cash Growth	-14.94%	-21.31%	1.73%	-21.74%	9.63%	19.11%
Net Cash Per Share	20.00	20.58	24.50	22.38	27.00	24.70
Filing Date Shares Outstanding	42.12	42.55	46.1	47.63	52.94	53.53
Total Common Shares Outstanding	42.12	42.55	46.32	48.14	53.01	53.43
Working Capital	1,221	1,226	1,700	1,712	2,034	1,933
Book Value Per Share	49.97	47.58	52.14	49.55	51.81	48.53
Tangible Book Value	1,981	1,902	2,351	2,313	2,655	2,489
Tangible Book Value Per Share	47.03	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.