IPG Photonics Corporation (IPGP)

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
North America Revenue	267.18M	258.89M
North America Revenue Growth	3.20%	-17.55%
Germany Revenue	105.16M	87.80M
Germany Revenue Growth	19.77%	-0.26%
Other Europe Revenue	138.54M	197.15M
Other Europe Revenue Growth	-29.73%	-32.33%
China Revenue	291.91M	245.00M
China Revenue Growth	19.15%	-31.05%
Japan Revenue	66.37M	62.35M
Japan Revenue Growth	6.44%	-13.80%
Other Asian Countries Revenue	121.81M	113.23M
Other Asian Countries Revenue Growth	7.57%	-20.47%
Rest of World Revenue	12.81M	12.71M
Rest of World Revenue Growth	0.77%	-47.16%
Revenue (Total)	1.00B	977.13M
Revenue (Total) Growth	2.73%	-24.10%

Revenue Breakdown

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Materials Processing Revenue	860.19M	857.34M
Materials Processing Revenue Growth	0.33%	-25.63%
Other Applications Revenue	143.59M	119.80M
Other Applications Revenue Growth	19.86%	-11.02%
Revenue (Total)	1.00B	977.13M
Revenue (Total) Growth	2.73%	-24.10%

Revenue Breakdown 2

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
High Power Continuous Wave ("CW") Lasers Revenue	308.83M	332.74M
High Power Continuous Wave ("CW") Lasers Revenue Growth	-7.19%	-36.62%
Medium Power CW Lasers Revenue	88.18M	63.69M
Medium Power CW Lasers Revenue Growth	38.46%	-11.14%
Pulsed Lasers Revenue	143.25M	146.76M
Pulsed Lasers Revenue Growth	-2.39%	-20.92%
Quasi-Continuous Wave ("QCW") Lasers Revenue	51.77M	48.02M
Quasi-Continuous Wave ("QCW") Lasers Revenue Growth	7.82%	-1.30%
Laser and Non-Laser Systems Revenue	147.24M	139.15M
Laser and Non-Laser Systems Revenue Growth	5.82%	-13.67%
Other Revenue Including Amplifiers, Service, Parts, Accessories	264.51M	246.79M
Other Revenue Including Amplifiers, Service, Parts, Accessories Growth	7.18%	-16.45%
Revenue (Total)	1.00B	977.13M
Revenue (Total) Growth	2.73%	-24.10%

Key Performance Indicators

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Firm Shipment Dates Backlog	399.00M	371.10M
Firm Shipment Dates Backlog Growth	7.52%	-7.48%
Frame Agreements Backlog	232.50M	265.10M
Frame Agreements Backlog Growth	-12.30%	-8.68%
Total Backlog	631.50M	636.20M
Total Backlog Growth	-0.74%	-7.98%

Updated Feb 12, 2026. Data Source: Fiscal.ai.