IPG Photonics Corporation (IPGP)

IPG Photonics Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	399.23	403.79	620.04	514.67	698.21	709.11
Short-Term Investments	472.09	435.54	310.15	662.81	479.37	805.4
Cash & Short-Term Investments	871.32	839.33	930.19	1,177	1,178	1,515
Cash Growth	-3.14%	-9.77%	-21.00%	-0.01%	-22.25%	8.87%
Receivables	187.38	185.2	175.87	228.44	219.97	271.47
Inventory	330.8	313.42	284.78	453.87	509.36	460.75
Prepaid Expenses	49.85	42.3	22.56	28.83	38.43	63.98
Other Current Assets	39.42	43.2	17.59	26.04	40.93	36.99
Total Current Assets	1,479	1,423	1,431	1,915	1,986	2,348
Property, Plant & Equipment	641.92	654.52	602.9	616.2	596.13	656.99
Long-Term Investments	32.69	76.53	-	-	0.2	-
Goodwill	70.48	71.74	67.24	38.54	38.33	38.61
Other Intangible Assets	44.89	49.93	55.38	26.23	34.12	52.68
Long-Term Deferred Tax Assets	116.83	123.89	115.03	88.79	75.15	47.76
Other Long-Term Assets	38.98	24.23	17.72	14.48	13.09	26.82
Total Assets	2,425	2,424	2,289	2,699	2,743	3,171

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	42.88	39.29	35.39	28.62	46.23	55.84
Accrued Expenses	78.44	81.94	56.57	67.05	78.25	94.86
Current Portion of Long-Term Debt	-	-	-	-	16.03	18.13
Current Portion of Leases	5.19	5.07	4.84	4.6	5.23	5.45
Current Income Taxes Payable	3.99	9.9	17.59	4.89	9.62	8.64
Current Unearned Revenue	59.19	66.21	56.45	69.22	80.07	89.66
Other Current Liabilities	49.64	31.62	34.19	40.48	39.21	40.86
Total Current Liabilities	239.32	234.04	205.02	214.86	274.65	313.43
Long-Term Debt	-	-	-	-	-	16.27
Long-Term Leases	11.07	12.18	13.12	13.66	16.79	18.52
Long-Term Deferred Tax Liabilities	8.06	9.4	14.21	1.51	1.47	1.63
Other Long-Term Liabilities	38.94	40.54	32.44	53.48	65.02	73.46
Total Liabilities	297.39	296.15	264.79	283.51	357.92	423.32

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,087	1,077	1,035	994.02	951.37	908.42
Retained Earnings	2,652	2,645	2,614	2,795	2,577	2,467
Treasury Stock	-1,556	-1,556	-1,505	-1,162	-938.01	-438.5
Comprehensive Income & Other	-55.94	-38.38	-119.37	-212.53	-204.52	-189.95
Total Common Equity	2,127	2,128	2,024	2,415	2,385	2,747
Minority Interest	-	-	-	-	-	0.64
Shareholders' Equity	2,127	2,128	2,024	2,415	2,385	2,747
Total Liabilities & Equity	2,425	2,424	2,289	2,699	2,743	3,171

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	16.25	17.25	17.96	18.26	38.05	58.37
Net Cash (Debt)	855.07	822.08	912.23	1,159	1,140	1,456
Net Cash Growth	-3.14%	-9.88%	-21.31%	1.73%	-21.74%	9.63%
Net Cash Per Share	20.00	19.28	20.58	24.50	22.38	27.00
Filing Date Shares Outstanding	42.53	42.19	42.55	46.1	47.63	52.94
Total Common Shares Outstanding	42.53	42.13	42.55	46.32	48.14	53.01
Working Capital	1,239	1,189	1,226	1,700	1,712	2,034
Book Value Per Share	50.01	50.52	47.58	52.14	49.55	51.81
Tangible Book Value	2,012	2,006	1,902	2,351	2,313	2,655
Tangible Book Value Per Share	47.30	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	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

Data Sources Report a data error