IPG Photonics Corporation (IPGP)

IPG Photonics Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	28.92	31.1	-181.53	218.88	110.76	277.87
Depreciation & Amortization	67.41	66.85	61.44	69.62	90.56	96.33
Stock-Based Compensation	42.44	42.95	37.07	39.5	38.3	37.86
Other Adjustments	13.02	19.76	269.39	22.54	175.24	61.61
Change in Receivables	-12.49	-4.76	46.83	-10.4	34.1	-2.09
Changes in Inventories	-63.37	-52.92	47.73	1.82	-189.01	-149.75
Changes in Accounts Payable	16.12	4.33	-1.53	-16.32	-12.17	31
Changes in Accrued Expenses	12.27	10.27	-37.36	-44.69	-43.55	24.72
Changes in Income Taxes Payable	-32.84	-31.19	-0.68	17.05	-14.13	35.86
Changes in Other Operating Activities	-16.4	-11.05	6.53	-2.03	22.55	-23.7
Operating Cash Flow	56.44	75.34	247.9	295.99	212.65	389.7
Operating Cash Flow Growth	-72.70%	-69.61%	-16.25%	39.19%	-45.43%	36.58%
Capital Expenditures	-70.29	-78.8	-98.52	-110.48	-110.14	-123.11
Sale of Property, Plant & Equipment	1.55	0.92	28.58	31.24	26.86	1.41
Purchases of Investments	-643.18	-943.32	-713.15	-1,233	-1,117	-1,941
Proceeds from Sale of Investments	815.75	755.42	1,083	1,074	1,446	1,648
Payments for Business Acquisitions	-	0.51	-66.74	-	-2	-
Proceeds from Business Divestments	-	-	-25.32	-	52.94	-
Other Investing Activities	0.07	0.04	0.43	0.56	-0.04	-1.52
Investing Cash Flow	104.4	-265.23	208.73	-237.55	296.95	-416.28
Long-Term Debt Repaid	-	-	-	-16.03	-18.13	-3.81
Net Long-Term Debt Issued (Repaid)	-	-	-	-16.03	-18.13	-3.81
Issuance of Common Stock	-7	-1.06	4.2	3.15	5.58	16.26
Repurchase of Common Stock	-53.24	-53.13	-343.82	-223.5	-499.51	-134.89
Net Common Stock Issued (Repurchased)	-60.23	-54.19	-339.62	-220.35	-493.92	-118.63
Other Financing Activities	-	-	-	-	-2.5	-2.63
Financing Cash Flow	-60.23	-54.19	-339.62	-236.38	-514.55	-125.07
Effect of Exchange Rate Changes on Cash and Cash Equivalents	17.11	27.83	-11.64	-5.59	-5.95	-17.8
Net Cash Flow	117.72	-216.25	105.37	-183.54	-10.9	-169.45
Free Cash Flow	-13.86	-3.45	149.37	185.5	102.51	266.59
Free Cash Flow Growth	-	-	-19.48%	80.96%	-61.55%	34.89%
FCF Margin	-1.33%	-0.34%	15.29%	14.41%	7.17%	18.25%
Free Cash Flow Per Share	-0.32	-0.08	3.37	3.92	2.01	4.94
Levered Free Cash Flow	-58.18	-61.4	-203.92	117.82	-164.12	165.95
Unlevered Free Cash Flow	-84.21	-83.46	-255.91	99.69	-153.5	170.27

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q