IPG Photonics Corporation (IPGP)

IPG Photonics Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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%
Receivables	185.2	175.87	228.44	219.97	271.47
Inventory	313.42	284.78	453.87	509.36	460.75
Prepaid Expenses	42.3	22.56	28.83	38.43	63.98
Other Current Assets	43.2	17.59	26.04	40.93	36.99
Total Current Assets	1,423	1,431	1,915	1,986	2,348
Property, Plant & Equipment	654.52	602.9	616.2	596.13	656.99
Long-Term Investments	76.53	-	-	0.2	-
Goodwill	71.74	67.24	38.54	38.33	38.61
Other Intangible Assets	49.93	55.38	26.23	34.12	52.68
Long-Term Deferred Tax Assets	123.89	115.03	88.79	75.15	47.76
Other Long-Term Assets	24.23	17.72	14.48	13.09	26.82
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	81.94	56.57	67.05	78.25	94.86
Current Portion of Long-Term Debt	-	-	-	16.03	18.13
Current Portion of Leases	5.07	4.84	4.6	5.23	5.45
Current Income Taxes Payable	9.9	17.59	4.89	9.62	8.64
Current Unearned Revenue	66.21	56.45	69.22	80.07	89.66
Other Current Liabilities	31.62	34.19	40.48	39.21	40.86
Total Current Liabilities	234.04	205.02	214.86	274.65	313.43
Long-Term Debt	-	-	-	-	16.27
Long-Term Leases	12.18	13.12	13.66	16.79	18.52
Long-Term Deferred Tax Liabilities	9.4	14.21	1.51	1.47	1.63
Other Long-Term Liabilities	40.54	32.44	53.48	65.02	73.46
Total Liabilities	296.15	264.79	283.51	357.92	423.32
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,077	1,035	994.02	951.37	908.42
Retained Earnings	2,645	2,614	2,795	2,577	2,467
Treasury Stock	-1,556	-1,505	-1,162	-938.01	-438.5
Comprehensive Income & Other	-38.38	-119.37	-212.53	-204.52	-189.95
Total Common 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	17.25	17.96	18.26	38.05	58.37
Net Cash (Debt)	822.08	912.23	1,159	1,140	1,456
Net Cash Growth	-9.88%	-21.31%	1.73%	-21.74%	9.63%
Net Cash Per Share	19.28	20.58	24.50	22.38	27.00
Filing Date Shares Outstanding	42.19	42.55	46.1	47.63	52.94
Total Common Shares Outstanding	42.13	42.55	46.32	48.14	53.01
Working Capital	1,189	1,226	1,700	1,712	2,034
Book Value Per Share	50.52	47.58	52.14	49.55	51.81
Tangible Book Value	2,006	1,902	2,351	2,313	2,655
Tangible Book Value Per Share	47.63	44.70	50.75	48.05	50.09
Land	44.61	40.8	52.51	52.62	51.25
Buildings	462.3	419.64	446.03	434.7	433.96
Machinery	593.52	549.68	539.28	497.83	590.73
Construction In Progress	173.35	152.68	118.34	103.66	106.68
Order Backlog	631.5	636.2	-	-	-

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

SEC Filings: 10-K · 10-Q