20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
IPG Photonics Corporation (IPGP) operates in the SEMICONDUCTOR EQUIPMENT & MATERIALS industry and is headquartered in Marlborough, United States with about 4,840 employees. Its market capitalization is roughly $3 billion. In the fiscal year ended 2025-12-31, IPGP reported $1.0B in revenue and $31M in net income.
IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications.
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| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.1B | $1.0B | $977M | $1.3B | $1.4B | $1.5B | $1.2B | $1.3B | $1.5B | $1.4B | $1.0B | $901M | $770M | $648M | $563M | $474M | $299M | $186M | $229M | $189M | $143M |
| Gross Profit | $410M | $381M | $338M | $542M | $555M | $696M | $539M | $606M | $800M | $797M | $552M | $492M | $417M | $340M | $305M | $257M | $146M | $64M | $107M | $85M | $63M |
| Gross Margin % | 38.4% | 38.0% | 34.6% | 42.1% | 38.9% | 47.7% | 44.9% | 46.1% | 54.8% | 56.6% | 54.9% | 54.6% | 54.1% | 52.4% | 54.2% | 54.2% | 48.9% | 34.6% | 46.8% | 45.0% | 44.2% |
| Operating Income (EBIT) | $8M | $13M | ($208M) | $232M | $170M | $368M | $199M | $234M | $523M | $551M | $364M | $342M | $284M | $218M | $209M | $176M | $80M | $9M | $57M | $46M | $36M |
| Operating Margin % | 0.7% | 1.3% | -21.3% | 18.0% | 11.9% | 25.2% | 16.5% | 17.8% | 35.9% | 39.1% | 36.2% | 38.0% | 36.9% | 33.7% | 37.1% | 37.0% | 26.9% | 4.9% | 25.0% | 24.6% | 25.1% |
| Net Income | $28M | $31M | ($182M) | $219M | $110M | $278M | $160M | $180M | $404M | $348M | $261M | $242M | $200M | $156M | $145M | $118M | $54M | $5M | $37M | $30M | $29M |
| Net Margin % | 2.6% | 3.1% | -18.6% | 17.0% | 7.7% | 19.1% | 13.3% | 13.7% | 27.7% | 24.7% | 25.9% | 26.9% | 26.0% | 24.0% | 25.8% | 24.8% | 18.0% | 2.9% | 16.0% | 15.8% | 20.4% |
| EBITDA | $123M | $112M | $76M | $301M | $322M | $449M | $326M | $387M | $598M | $630M | $420M | $382M | $313M | $252M | $236M | $197M | $101M | $28M | $73M | $59M | $45M |
| Earnings Per Share (EPS) | $0.65 | $0.73 | $-4.09 | $4.63 | $2.16 | $5.16 | $2.97 | $3.35 | $7.38 | $6.36 | $4.85 | $4.53 | $3.79 | $2.97 | $2.81 | $2.42 | $1.13 | $0.12 | $0.79 | $0.65 | $0.89 |
| Shares Outstanding (M) | 43M | 43M | 44M | 47M | 51M | 54M | 54M | 54M | 55M | 55M | 54M | 53M | 53M | 52M | 52M | 49M | 48M | 47M | 46M | 46M | 33M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $279M | $265M | $274M | $251M | $251M | $228M | $234M | $233M |
| Gross Profit | $113M | $99M | $99M | $99M | $94M | $90M | $90M | $54M |
| Gross Margin % | 40.4% | 37.5% | 36.1% | 39.5% | 37.3% | 39.4% | 38.6% | 23.2% |
| Operating Income (EBIT) | $5M | ($8M) | $3M | $8M | $0M | $2M | $14M | ($253M) |
| Operating Margin % | 1.6% | -2.9% | 1.2% | 3.1% | 0.0% | 0.8% | 5.9% | -108.7% |
| Net Income | $5M | $2M | $13M | $7M | $7M | $4M | $8M | ($234M) |
| Net Margin % | 1.9% | 0.6% | 4.8% | 3.0% | 2.6% | 1.7% | 3.3% | -100.2% |
| EBITDA | $44M | $17M | $31M | $31M | $19M | $20M | $29M | ($13M) |
| Earnings Per Share (EPS) | $0.12 | $0.04 | $0.31 | $0.18 | $0.16 | $0.09 | $0.18 | $-5.33 |
| Shares Outstanding (M) | 43M | 43M | 43M | 43M | 43M | 43M | 43M | 44M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $96M | $75M | $248M | $296M | $213M | $390M | $285M | $324M | $393M | $404M | $292M | $257M | $184M | $119M | $175M | $88M | $63M | $54M | $35M | $11M | $19M |
| Capital Expenditures (CapEx) | $76M | $79M | $99M | $110M | $110M | $123M | $88M | $134M | $160M | $127M | $127M | $70M | $91M | $71M | $68M | $54M | $28M | $10M | $37M | $34M | $20M |
| Free Cash Flow (FCF) | $21M | ($3M) | $149M | $186M | $103M | $267M | $198M | $190M | $233M | $278M | $165M | $186M | $94M | $48M | $107M | $34M | $35M | $44M | ($2M) | ($24M) | ($1M) |
| FCF Margin % | 1.9% | -0.3% | 15.3% | 14.4% | 7.2% | 18.2% | 16.5% | 14.4% | 16.0% | 19.7% | 16.4% | 20.7% | 12.2% | 7.5% | 19.0% | 7.2% | 11.7% | 23.6% | -1.1% | -12.6% | -0.9% |
| Dividends Paid | — | — | — | $236M | $6M | $16M | $33M | $7M | — | $0M | $0M | $0M | $0M | $0M | $33M | $0M | — | — | — | — | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $38M | ($5M) | $29M | $35M | ($2M) | $13M | $74M | $66M |
| Capital Expenditures (CapEx) | $21M | $16M | $18M | $21M | $15M | $25M | $23M | $23M |
| Free Cash Flow (FCF) | $17M | ($22M) | $11M | $15M | ($18M) | ($11M) | $51M | $43M |
| FCF Margin % | 6.1% | -8.2% | 4.0% | 5.8% | -7.0% | -5.0% | 21.6% | 18.4% |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4B | $2.4B | $2.3B | $2.7B | $2.7B | $3.2B | $2.9B | $2.7B | $2.6B | $2.4B | $1.8B | $1.5B | $1.2B | $1.1B | $895M | $608M | $442M | $313M | $313M | $263M | $232M |
| Cash & Cash Equivalents | $399M | $404M | $620M | $515M | $698M | $709M | $876M | $680M | $544M | $910M | $624M | $583M | $522M | $449M | $384M | $180M | $148M | $83M | $51M | $38M | $76M |
| Total Liabilities | $297M | $296M | $265M | $284M | $358M | $423M | $342M | $328M | $368M | $350M | $232M | $193M | $164M | $133M | $153M | $119M | $125M | $56M | $70M | $59M | $71M |
| Total Debt (Short + Long-Term) | $5M | $5M | $5M | $5M | $21M | $40M | $44M | $47M | $45M | $49M | $41M | $20M | $36M | $16M | $18M | $24M | $24M | $24M | $39M | $31M | $41M |
| Total Shareholders' Equity | $2.1B | $2.1B | $2.0B | $2.4B | $2.4B | $2.7B | $2.6B | $2.4B | $2.2B | $2.0B | $1.6B | $1.3B | $1.0B | $928M | $743M | $443M | $317M | $256M | $238M | $200M | $159M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive IPGP viewer.
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