70.67
+8.21%
Close of 9 Nov 2026, in USD
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About IPG Photonics
From its filings with the US Securities and Exchange Commission
IPG Photonics is based in Marlborough, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker IPGP. The SEC classifies its business as semiconductors & related devices. In the fiscal year to 31 December 2025, it reported revenue of $1.00bn and net income of $31.1m. At that date it held total assets of $2.42bn and shareholders' equity of $2.13bn.
IPG Photonics Corporation ("IPG", the "Company", the "Registrant", "we", "us" or "our") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers and laser-based systems that are used for diverse applications in materials processing, medical and advanced applications. Fiber lasers combine the advantages of semiconductor diodes, such as long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability and usability.
We sell our products globally to original equipment manufacturers ("OEMs"), system integrators and end users. We market our products internationally, primarily through our direct sales force. Our major manufacturing facilities are located in the United States and Germany. We have sales service offices and applications laboratories worldwide.
We are vertically integrated such that we design and manufacture most of the key components used in our finished products, from semiconductor diodes to optical fiber preforms, finished fiber lasers and amplifiers. We manufacture complementary products used with our lasers including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors and chillers. Our vertically integrated operations allow us to control quality, rapidly develop and integrate advanced products and protect our proprietary technology.
Quoted from its 10-K, filed 23 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Electronic Equipment, Instruments & Components
- Listed since
- 13 Dec 2006
- Employees
- 4,840
- Website
- ipgphotonics.com ↗
- Head office
- 377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752
- Incorporated in
- DE
- Classification
- Semiconductors & Related Devices
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. John PeelerNon-Executive Independent Chairman of the Board$382,726
- Dr. Mark GitinChief Executive Officer, Director, since 2024$6.7m
- Mr. Timothy MammenChief Financial Officer, Senior Vice President$3.1m
- Ms. Jennifer KartonoSenior Vice President, Chief Human Resources Officer
- Mr. Igor SamartsevSenior Vice President, Chief Scientist, since 2022$1.1m
- Mr. Angelo LoprestiGeneral Counsel, Secretary, Senior Vice President$2.6m
- Dr. Alex SchoenfelderSenior Vice President, General Manager - Global Components
- Mr. Trevor NessSenior Vice President - Sales and Strategic Business Development$2.7m
- Dr. Paulus BucherSenior Vice President - Global Operations
- Ms. Mira SahneySenior Vice President of Global Laser Systems
- Ms. Natalia PavlovaDirector$294,674
- Dr. Eugene ShcherbakovDirector, since 2000$6.1m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 80
- Environment
- 74
- Social
- 99
- Governance
- 65
- Direct emissions (scope 1)
- 19,230 t
- Energy emissions (scope 2)
- 25,296 t
- Women in the workforce
- 47%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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