IPG Photonics Corporation (IPGP)
NASDAQ: IPGP · Real-Time Price · USD
94.07
+6.87 (7.88%)
Aug 4, 2026, 4:00 PM EDT - Market closed

IPG Photonics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,0691,004977.131,2871,4301,461
Revenue Growth
13.04%2.73%-24.10%-9.94%-2.14%21.66%
Gross Profit
410.1381.46338.16541.7555.41696.4
Operating Income
7.9713.1-208.25231.97169.5367.88
Net Income
27.5631.1-181.53218.88109.91278.42
Earnings Per Share
0.650.73-4.094.632.165.16
EPS Growth
---114.35%-58.14%73.74%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Industrial Solutions
0.910.840.841.121.231.27
Advanced Solutions
0.160.170.140.170.20.19
Revenue (Total)
1,0691,004977.131,2871,4301,461

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
871.32839.33930.191,1771,1781,515
Total Debt
000016.0334.16
Net Cash (Debt)
871.32839.33930.191,1771,1621,480
Net Cash Growth
-3.14%-9.77%-21.00%1.37%-21.54%9.40%
Net Cash Per Share
20.3819.6820.9824.8822.8127.45

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
96.4475.34247.9295.99212.65389.7
Capital Expenditures
-75.65-78.8-98.52-110.48-110.14-123.11
Free Cash Flow
20.8-3.45149.37185.5102.51266.59
Free Cash Flow Growth
-67.83%--19.48%80.96%-61.55%34.89%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
38.35%38.00%34.61%42.08%38.85%47.67%
Operating Margin
0.75%1.31%-21.31%18.02%11.86%25.18%
Pretax Margin
3.72%4.49%-16.57%21.35%12.83%25.09%
Profit Margin
2.58%3.10%-18.58%17.00%7.75%19.02%
FCF Margin
1.94%-0.34%15.29%14.41%7.17%18.25%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
144.9298.08-23.4443.8333.36
Forward PE
46.7653.0543.8823.2320.1930.80
P/FCF Ratio
192.38-20.7127.1044.4634.23
PS Ratio
3.743.003.173.913.196.25