IPG Photonics Corporation

IPG Photonics Corporation

IPGP
IPG Photonics CorporationUS flagNASDAQ Global Select
78.00
USD
+1.54
- -
3.31BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
12.57
14.77
17.11
18.96
26.34
27.28
24.77
22.58
27.35
28.16
27.3
22.04
23.7
25.31
Basic EPS, GAAP
3.02
3.85
4.6
4.91
6.5
7.55
3.4
3
5.21
2.17
4.64
-4.09
0.73
0.65
Free Cash Flow per Basic Share
0.94
1.72
3.67
3.22
5.21
4.35
3.58
3.72
4.99
2.02
3.93
3.37
-0.08
0.49
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
17.87
19.98
23.82
29.25
37.71
41.66
45.31
48.53
51.81
49.55
52.14
47.58
50.52
50.01
Tangible Book Value per Share
17.68
19.8
23.58
28.34
35.71
38.11
42.36
46.59
50.09
48.05
50.75
44.7
47.63
47.3
Basic Weighted Avg Shares
52
52
53
53
53
54
53
53
53
51
47
44
42
42
Sales/Revenue/Turnover
648
770
901
1,006
1,409
1,460
1,315
1,201
1,461
1,430
1,287
977
1,004
1,069
Operating Margin (%)
34.05
36
37.67
36.65
40.14
35.43
22.13
19.28
24.15
16.19
17.99
1.48
2.3
3.96
Depreciation Expense
32
36
42
51
65
80
96
95
96
91
70
61
67
67
Net Income, GAAP
156
200
242
261
348
404
180
160
278
110
219
-182
31
28
Effective Tax Rate (%)
28.64
29.54
29.15
28.88
37.02
24.37
27.42
22.05
24.18
39.59
20.37
- -
31.04
30.7
Profit Margin (%)
24.04
26.04
26.87
25.92
24.67
27.68
13.71
13.29
19.06
7.69
17
-18.58
3.1
2.58
Working Capital
686
772
961
1,143
1,555
1,560
1,705
1,933
2,034
1,712
1,700
1,226
1,189
1,239
LT Debt
11
20
18
38
45
42
38
34
35
17
14
13
12
11
Total Equity
928
1,047
1,261
1,558
2,022
2,206
2,402
2,594
2,747
2,385
2,415
2,024
2,128
2,127
Return on Invested Capital (%)
17.75
18.88
19.81
17.83
19.22
17.84
8.87
7.07
9.8
5.33
7.58
- -
0.76
1.37
Return on Capital (%)
18.28
19.79
20.51
18.12
18.95
18.69
7.67
6.24
10.25
4.17
9.01
- -
1.49
1.29
Return on Common Equity (%)
18.65
20.3
21
18.51
19.42
19.11
7.82
6.39
10.43
4.28
9.12
-8.18
1.5
1.3

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
5
5
LT Borrowings
- -
- -
- -
LT Finance Leases
12
11
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
43
Market Capitalization
3,016
4,864
4,990

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,423
1,433
1,479
Cash, Cash Equivalents & STI
839
813
871
Accounts Receivable, Net
182
192
182
Inventories
313
319
331
Total Current Liabilities
234
247
239
Payables & Accruals
67
79
64
ST Debt
5
5
5
Deferred Revenue
66
68
59

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.23%
-3.41%
5.12%
Free Cash Flow
-4.67%
-13.5%
-102.31%
Net Income, GAAP
-19.66%
-37.39%
-117.13%
Sales/Revenue/Turnover
2.49%
-2.36%
2.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
252
258
233
234
977
2025
228
251
251
274
1,004
2026
265
279
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.52
0.45
-5.33
0.18
-4.09
2025
0.09
0.16
0.18
0.32
0.73
2026
0.04
0.12
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mark Milton Gitin
Full Time Employees
4,840
Sector
Technology
Industry
Semiconductors
Address
377 Simarano Drive Marlborough MA United States of America 01752
IPO Date
Dec 13, 2006
Business
IPG Photonics Corporation engages in the design, manufacture, and sale of high-performance fiber lasers and amplifiers, along with related optical components and integrated laser systems. Its core products include fiber lasers; fiber amplifiers; laser systems for cutting, welding, drilling, marking, and other material processing applications; and optical components. The company serves diverse industries such as automotive, electronics, medical, telecommunications, aerospace, and scientific research, with operations and sales worldwide. Founded in 1990, IPG Photonics is headquartered in Oxford, Massachusetts. In the past two years, IPG Photonics has focused on expanding its product portfolio and market presence by introducing advanced laser systems with higher power and enhanced beam quality to address evolving industrial needs. The company has also pursued strategic partnerships to strengthen its supply chain and distribution channels globally. Additionally, IPG Photonics has made operational improvements to support increased production efficiency aligned with growing demand in various sectors. These efforts reflect a strategic emphasis on innovation and expansion of its leadership in the fiber laser industry. IPG Photonics operates within the photonics, semiconductor, and industrial laser equipment sector, targeting manufacturers requiring precision laser solutions for material processing. Its global reach spans North America, Europe, Asia, and other key regions, supporting customers across manufacturing, defense, and research institutions. The company also maintains subsidiaries and distribution partners to enhance its market penetration and customer support capabilities. IPG Photonics remains a leading force in laser technology innovation, committed to delivering cutting-edge fiber laser products and systems to its worldwide client base.

Company News

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