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IPG Photonics Corporation (IPGP)
NASDAQ: IPGP · Real-Time Price · USD
76.12
-0.84 (-1.09%)
At close: Sep 17, 2026, 4:00 PM EDT
76.80
+0.68 (0.89%)
After-hours: Sep 17, 2026, 6:47 PM EDT

IPG Photonics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
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
405.05381.46338.16541.7555.41696.4
Operating Income
37.2823.0614.48231.57231.4352.76
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
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Industrial Solutions
910.29838.55838.271,1211,2341,274
Advanced Solutions
159.06165.23138.87166.07195.09187.05
Revenue (Total)
1,0691,004977.131,2871,4301,461

Cash & Debt
Chart
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
16.2517.2517.9618.2638.0558.37
Net Cash (Debt)
855.07822.08912.231,1591,1401,456
Net Cash Growth
-3.14%-9.88%-21.31%1.73%-21.74%9.63%
Net Cash Per Share
20.0019.2820.5824.5022.3827.00

Cash Flow & CapEx
Chart
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
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
37.88%38.00%34.61%42.08%38.85%47.67%
Operating Margin
3.49%2.30%1.48%17.99%16.19%24.15%
Pretax Margin
3.72%4.49%-16.57%21.35%12.83%25.09%
Profit Margin
2.58%3.10%-18.58%17.00%7.69%19.06%
FCF Margin
1.94%-0.34%15.29%14.41%7.17%18.25%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
118.5696.99-23.2741.9632.96
Forward PE
37.6453.0543.8823.2320.1930.80
P/FCF Ratio
157.23-21.0627.4644.9934.42
PS Ratio
3.063.013.223.963.236.28