IPG Photonics Corporation (IPGP)
NASDAQ: IPGP · Real-Time Price · USD
71.73
+0.99 (1.40%)
At close: Aug 25, 2026, 4:00 PM EDT
71.74
+0.01 (0.01%)
Pre-market: Aug 26, 2026, 4:01 AM EDT
IPG Photonics Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 27.56 | 31.1 | -181.53 | 218.88 | 109.91 | 278.42 |
Depreciation & Amortization | 67.1 | 66.85 | 61.44 | 69.62 | 90.56 | 96.33 |
Loss (Gain) From Sale of Assets | - | - | 190.2 | - | -31.85 | - |
Asset Writedown & Restructuring Costs | 17.57 | - | 27.01 | -0.49 | 79.95 | - |
Loss (Gain) From Sale of Investments | -9.02 | -14.02 | -17.66 | -25.1 | -4.56 | 2.5 |
Stock-Based Compensation | 41.43 | 42.95 | 37.07 | 39.5 | 38.3 | 37.86 |
Other Operating Activities | 34.98 | 33.78 | 69.84 | 48.13 | 132.55 | 58.56 |
Change in Accounts Receivable | 16.5 | -4.76 | 46.83 | -10.4 | 34.1 | -2.09 |
Change in Inventory | -71.17 | -52.92 | 47.73 | 1.82 | -189.01 | -149.75 |
Change in Accounts Payable | 0.94 | 4.33 | -1.53 | -16.32 | -12.17 | 31 |
Change in Income Taxes | -6.48 | -31.19 | -0.68 | 17.05 | -14.13 | 35.86 |
Change in Other Net Operating Assets | -22.98 | -0.78 | -30.83 | -46.72 | -21 | 1.02 |
Operating Cash Flow | 96.44 | 75.34 | 247.9 | 295.99 | 212.65 | 389.7 |
Operating Cash Flow Growth | -36.16% | -69.61% | -16.25% | 39.19% | -45.43% | 36.58% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -75.65 | -78.8 | -98.52 | -110.48 | -110.14 | -123.11 |
Sale of Property, Plant & Equipment | 1.37 | 0.92 | 28.58 | 31.24 | 26.86 | 1.41 |
Cash Acquisitions | 0.51 | 0.51 | -66.74 | - | -2 | - |
Divestitures | - | - | -25.32 | - | 52.94 | - |
Investment in Securities | 44.65 | -187.9 | 370.31 | -158.87 | 329.33 | -293.07 |
Other Investing Activities | 2.08 | 0.04 | 0.43 | 0.56 | -0.04 | -1.52 |
Investing Cash Flow | -27.05 | -265.23 | 208.73 | -237.55 | 296.95 | -416.28 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Repaid | - | - | - | -16.03 | -18.13 | -3.81 |
Total Debt Repaid | - | - | - | -16.03 | -18.13 | -3.81 |
Net Debt Issued (Repaid) | - | - | - | -16.03 | -18.13 | -3.81 |
Issuance of Common Stock | - | - | 4.2 | 3.15 | 5.58 | 16.26 |
Repurchase of Common Stock | -30.49 | -54.19 | -343.82 | -223.5 | -499.51 | -134.89 |
Other Financing Activities | - | - | - | - | -2.5 | -2.63 |
Financing Cash Flow | -30.49 | -54.19 | -339.62 | -236.38 | -514.55 | -125.07 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 1.7 | 27.83 | -11.64 | -5.59 | -5.95 | -17.8 |
Net Cash Flow | 40.6 | -216.25 | 105.37 | -183.54 | -10.9 | -169.45 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 20.8 | -3.45 | 149.37 | 185.5 | 102.51 | 266.59 |
Free Cash Flow Growth | -67.83% | - | -19.48% | 80.96% | -61.55% | 34.89% |
Free Cash Flow Margin | 1.94% | -0.34% | 15.29% | 14.41% | 7.17% | 18.25% |
Free Cash Flow Per Share | 0.49 | -0.08 | 3.37 | 3.92 | 2.01 | 4.94 |
Levered Free Cash Flow | 48.48 | -9.05 | 235.41 | 171.87 | 151.4 | 239.23 |
Unlevered Free Cash Flow | 48.48 | -9.05 | 235.41 | 171.87 | 151.4 | 240.38 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 0.23 | 0.23 | 0.28 | 1.28 | 3.21 | 2.71 |
Cash Income Tax Paid | 27.5 | 57.01 | 40.63 | 62.92 | 113.2 | 63 |
Change in Working Capital | -83.18 | -85.32 | 61.52 | -54.56 | -202.22 | -83.97 |