Ipg Photonics Corp (IPGP) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, Ipg Photonics reported revenue of $1.00B, up 2.7% from $977.1M the year before. Net income was $31.1M (a 3.1% net margin), or $0.73 per diluted share. Gross margin was 38.0% and operating margin was 1.3%. Operating activities generated $75.3M of cash, leaving -$3.5M of free cash flow. At fiscal year end, Ipg Photonics held $2.42B in total assets against $296.1M in total liabilities, including $403.8M of cash and equivalents.
Open the full interactive Ipg Photonics financials → Quarterly statements, key ratios, valuation history and price charts.
Ipg Photonics Key Stats
| Share Price | $75.85 |
|---|---|
| Market Cap | $3.25B |
| P/E Ratio | 103.9 |
| Revenue YoY Growth | +2.7% |
| 52-Week Range | $70.74 – $153.91 |
| Shares Outstanding | 42.5 million (basic, 2026 Q2) |
Ipg Photonics Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.46B | $1.43B | $1.29B | $977.1M | $1.00B |
| Gross Profit | $539.0M | $696.4M | $555.4M | $541.7M | $338.2M | $381.5M |
| Operating Income | $198.7M | $367.9M | $169.5M | $232.0M | -$208.3M | $13.1M |
| Pre-Tax Income | $205.7M | $366.5M | $183.4M | $274.9M | -$161.9M | $45.1M |
| Income Tax | $45.4M | $88.6M | $72.6M | $56.0M | $19.6M | $14.0M |
| Net Income | $159.6M | $278.4M | $109.9M | $218.9M | -$181.5M | $31.1M |
| Diluted EPS | $2.97 | $5.16 | $2.16 | $4.63 | -$4.09 | $0.73 |
Ipg Photonics Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $250.8M | $274.5M | $265.5M | $278.6M |
| Net Income | $7.5M | $13.3M | $1.6M | $5.2M |
| Diluted EPS | $0.18 | $0.31 | $0.04 | $0.12 |
Ipg Photonics Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $876.2M | $709.1M | $698.2M | $514.7M | $620.0M | $403.8M |
| Current Assets | $2.15B | $2.35B | $1.99B | $1.91B | $1.43B | $1.42B |
| Total Assets | $2.94B | $3.17B | $2.74B | $2.70B | $2.29B | $2.42B |
| Current Liabilities | $214.6M | $313.4M | $274.6M | $214.9M | $205.0M | $234.0M |
| Total Long-Term Debt | $38.0M | $34.2M | $32.1M | — | — | — |
| Total Liabilities | $341.6M | $423.3M | $357.9M | $283.5M | $264.8M | $296.1M |
| Shareholders' Equity | $2.59B | $2.75B | $2.39B | $2.42B | $2.02B | $2.13B |
Ipg Photonics Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $285.3M | $389.7M | $212.6M | $296.0M | $247.9M | $75.3M |
| Cash From Investing | -$99.6M | -$416.3M | $297.0M | -$237.6M | $208.7M | -$265.2M |
| Cash From Financing | -$10.1M | -$125.1M | -$514.5M | -$236.4M | -$339.6M | -$54.2M |
| Free Cash Flow | $197.6M | $266.6M | $102.5M | $185.5M | $149.4M | -$3.5M |
Figures from Ipg Photonics' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ipg Photonics financials page for every line item.
Ipg Photonics Company Profile
| Ticker | IPGP |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Marlborough, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001111928 |
Frequently Asked Questions
What was Ipg Photonics' revenue in fiscal 2025?
Ipg Photonics (IPGP) reported revenue of $1.00B for fiscal 2025.
What is Ipg Photonics' annual revenue history?
Ipg Photonics' annual revenue by fiscal year: 2020: $1.20B; 2021: $1.46B; 2022: $1.43B; 2023: $1.29B; 2024: $977.1M; 2025: $1.00B.
What was Ipg Photonics' net income in fiscal 2025?
Ipg Photonics reported net income of $31.1M for fiscal 2025.
What was Ipg Photonics' earnings per share (EPS) in fiscal 2025?
Ipg Photonics' diluted EPS was $0.73 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Ipg Photonics generate in fiscal 2025?
Ipg Photonics generated -$3.5M of free cash flow in fiscal 2025.
What was Ipg Photonics' revenue last quarter?
In its most recent reported quarter (2026 Q2), Ipg Photonics reported revenue of $278.6M.
How many shares of Ipg Photonics are outstanding?
Ipg Photonics reported a weighted average of 42.5 million basic shares outstanding in 2026 Q2.
What is Ipg Photonics' market cap?
Based on its latest closing price, Ipg Photonics (IPGP) has a market capitalization of about $3.25B.
When does Ipg Photonics' fiscal year end?
Ipg Photonics' fiscal year end, as registered with the SEC, is December 31.
Where is Ipg Photonics headquartered?
Ipg Photonics lists its business address in Marlborough, Massachusetts in its SEC filings.