IPG Photonics Corporation

IPG Photonics Corporation

IPGPยทNASDAQ

$121.62

-4.1%
TechnologySemiconductors

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for interconnecting electronic equipment, including Ethernet switches, IP routers and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operators, and data center networking applications. It's lasers and amplifiers are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.

At a Glance

Live Snapshot
Market Cap$5.16B
EPS0.7300
P/E Ratio166.60
Earnings Date08/04/2026
3Y-30.0%
5Y-16.0%
10Y-
3Y-72.0%
5Y-81.0%
10Y-88.0%
3Y-65.0%
5Y-74.0%
10Y-74.0%
IPG Photonics Corporation

IPG Photonics Corporation Profit Bridge

IPGP ยท NASDAQ
Revenue1.00B
Cost of Goods Sold (622.31M)
Gross Profit381.46M
Operating Expenses (368.36M)
Operating Income13.10M
Interest Expense (0.00)
Other Income/Expense31.99M
Pretax Income45.10M
Income Tax (14.00M)
Net Income31.10M
Net Income
31.10M

Profitability Analysis

Gross Margin

38.0%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

1.3%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

3.1%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

31.0%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

IPG Photonics Corporation Income Statement

IPGP โ€ข NASDAQ

IPG Photonics Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
1B
977.1M
1.3B
1.4B
1.5B
1.2B
1.3B
1.5B
1.4B
1B
901.3M
769.8M
648M
562.5M
474.5M
299.3M
185.9M
229.1M
188.7M
143.2M
GROSS PROFIT
(622.3M)
(639M)
(745.7M)
(874.1M)
(764.5M)
(661.7M)
(708.4M)
(659.6M)
(612M)
(453.9M)
(409.4M)
(353.3M)
(308.1M)
(257.8M)
(217.2M)
(152.8M)
(121.6M)
(121.8M)
(103.7M)
(79.9M)
381.5M
338.2M
541.7M
555.4M
696.4M
539M
606.2M
800.3M
796.9M
552.2M
491.9M
416.5M
339.9M
304.7M
257.3M
146.5M
64.3M
107.3M
85M
63.3M
OPERATING INCOME
(368.4M)
(546.4M)
(309.7M)
(385.9M)
(328.5M)
(340.3M)
(372.4M)
(276.9M)
(245.8M)
(187.9M)
(149.8M)
(132.8M)
(121.8M)
(95.8M)
(81.7M)
(66.1M)
(55.2M)
(50.1M)
(38.7M)
(27.3M)
(241M)
(213.9M)
(211.4M)
(207.9M)
(204.1M)
(180.6M)
(185.3M)
(160.2M)
(130.5M)
(104.9M)
(89.1M)
(86M)
(77.6M)
(63.1M)
(59.2M)
(47.7M)
(35.6M)
(34.3M)
(29.1M)
(20.7M)
(117.4M)
(109.8M)
(98.7M)
(116.1M)
(139.6M)
(126.9M)
(130M)
(122.8M)
(100.9M)
(78.6M)
(63.3M)
(53.4M)
(41.7M)
(31.4M)
(25.4M)
(19.2M)
(18.5M)
(15.8M)
(9.5M)
(6.5M)
13.1M
-208.3M
232M
169.5M
367.9M
198.7M
233.8M
523.4M
551.1M
364.3M
342M
283.8M
218.1M
208.9M
175.5M
80.4M
9.1M
57.2M
46.3M
36M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1.3M)
(0.0)
(77K)
(1K)
(319K)
(681K)
(1.2M)
(1.3M)
(777K)
(674K)
(0.0)
0.0
45.5M
0.0
12.6M
0.0
6.3M
14.2M
9.1M
737K
1.3M
301K
-77K
-1K
319K
-681K
-1.2M
-1.3M
-777K
0.0
0.0
(10M)
(222.7M)
-407K
(61.9M)
-15.1M
(32.9M)
(57.1M)
-6.2M
(14.5M)
(4.5M)
-2.6M
-6.6M
(2.5M)
(1.4M)
-2.9M
-848K
(1M)
-2.8M
(0.0)
(0.0)
32M
46.4M
42.9M
13.9M
-1.4M
7M
14.6M
11M
759K
2.3M
-426K
716K
154K
327K
-938K
-1.1M
-1.3M
-632K
1.3M
-7.9M
45.1M
-161.9M
274.9M
183.4M
366.5M
205.7M
248.4M
534.4M
551.9M
366.6M
341.6M
284.5M
218.3M
209.2M
174.6M
79.3M
7.8M
56.6M
47.6M
28.1M
NET INCOME
(14M)
(19.6M)
(56M)
(72.6M)
(88.6M)
(45.4M)
(68.1M)
(130.2M)
(204.3M)
(105.8M)
(99.6M)
(84M)
(62.5M)
(61.5M)
(53.6M)
(24.9M)
(2.5M)
(18.1M)
(15.5M)
-3M
31.1M
-181.5M
218.9M
109.9M
278.4M
159.6M
180.2M
404M
347.6M
260.8M
242.2M
200.4M
155.8M
145M
117.8M
54M
5.4M
36.7M
29.9M
29.2M

SEC Filings

IPGP - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 15, 2026
May 12, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 01, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

March 16, 2026
March 16, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

March 06, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
10-K

10-K 2025 FY

FY

February 23, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 12, 2026
February 12, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
Showing 1 to 10 of 327 filings