IPG Photonics Corporation (IPGP)

NASDAQ: IPGP · Real-Time Price · USD

129.47

-9.38 (-6.76%)

At close: Feb 26, 2026, 4:00 PM EST

129.09

-0.38 (-0.29%)

After-hours: Feb 26, 2026, 7:55 PM EST

IPG Photonics Income Statement

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
Revenue	1,004	977.13	1,287	1,430	1,461
Revenue Growth (YoY)	2.73%	-24.10%	-9.94%	-2.14%	21.66%
Cost of Revenue	622.31	638.98	745.74	874.13	764.46
Gross Profit	381.46	338.16	541.7	555.41	696.4
Selling, General & Admin	247.04	220.26	215.96	207.9	204.06
Research & Development	111.36	103.42	94.18	116.11	139.57
Operating Expenses	358.4	323.68	310.13	324.01	343.64
Operating Income	23.06	14.48	231.57	231.4	352.76
Interest Expense	-	-	-	-	-1.84
Interest & Investment Income	29.86	45.47	41.74	12.62	-
Currency Exchange Gain (Loss)	-9.35	-5.52	1.36	-4.1	15.12
Other Non Operating Income (Expenses)	2.14	0.9	1.17	1.23	0.44
EBT Excluding Unusual Items	45.7	55.32	275.82	241.15	366.48
Merger & Restructuring Charges	-0.6	-	0.29	-9.7	-
Gain (Loss) on Sale of Assets	-	-190.2	-	31.85	-
Asset Writedown	-	-27.01	-1.24	-79.95	-
Pretax Income	45.1	-161.89	274.88	183.35	366.48
Income Tax Expense	14	19.64	56	72.59	88.62
Earnings From Continuing Operations	31.1	-181.53	218.88	110.76	277.87
Minority Interest in Earnings	-	-	-	-0.85	0.55
Net Income	31.1	-181.53	218.88	109.91	278.42
Net Income to Common	31.1	-181.53	218.88	109.91	278.42
Net Income Growth	-	-	99.15%	-60.52%	74.48%
Shares Outstanding (Basic)	42	44	47	51	53
Shares Outstanding (Diluted)	43	44	47	51	54
Shares Change (YoY)	-3.80%	-6.31%	-7.08%	-5.57%	0.27%
EPS (Basic)	0.73	-4.09	4.64	2.17	5.21
EPS (Diluted)	0.73	-4.09	4.63	2.16	5.16
EPS Growth	-	-	114.35%	-58.14%	73.74%
Free Cash Flow	-3.45	149.37	185.5	102.51	266.59
Free Cash Flow Per Share	-0.08	3.37	3.92	2.01	4.94
Gross Margin	38.00%	34.61%	42.08%	38.85%	47.67%
Operating Margin	2.30%	1.48%	17.99%	16.19%	24.15%
Profit Margin	3.10%	-18.58%	17.00%	7.69%	19.06%
Free Cash Flow Margin	-0.34%	15.29%	14.41%	7.17%	18.25%
EBITDA	89.91	75.92	301.19	321.97	449.09
EBITDA Margin	8.96%	7.77%	23.39%	22.52%	30.74%
D&A For EBITDA	66.85	61.44	69.62	90.56	96.33
EBIT	23.06	14.48	231.57	231.4	352.76
EBIT Margin	2.30%	1.48%	17.99%	16.19%	24.15%
Effective Tax Rate	31.05%	-	20.37%	39.59%	24.18%

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q