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IPG Photonics IPGP · USD

Information Technology · US listing · 🇺🇸 United States

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70.67

+8.21%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.00bn

FY2016FY2025

Net income

$31.1m

FY2016FY2025

Free cash flow

−$3.5m

FY2016FY2025

Shareholders' equity

$2.13bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.00bn$977.1m$1.29bn$1.43bn$1.46bn$1.20bn$1.31bn$1.46bn$1.41bn$1.01bn
Gross profit$381.5m$338.2m$541.7m$555.4m$696.4m$539.0m$606.2m$800.3m$796.9m$552.2m
Research and development$117.4m$109.8m$98.7m$116.1m$139.6m$126.9m$130.0m$122.8m$100.9m$78.6m
Operating income$13.1m−$208.3m$232.0m$169.5m$367.9m$198.7m$233.8m$523.4m$551.1m$364.3m
Net income$31.1m−$181.5m$218.9m$109.9m$278.4m$159.6m$180.2m$404.0m$347.6m$260.8m
Diluted earnings per share0.73-4.244.692.265.192.963.417.476.334.84

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$2.42bn$2.29bn$2.70bn$2.74bn$3.17bn$2.94bn$2.73bn$2.57bn$2.37bn$1.79bn
Cash and short-term investments$839.3m$930.2m$1.18bn$1.18bn$1.51bn$1.39bn$1.18bn$1.04bn$1.12bn$830.6m
Total liabilities$296.1m$264.8m$283.5m$357.9m$423.3m$341.6m$328.0m$368.2m$349.7m$232.3m
Debt———$16.0m$34.2m$38.0m$41.7m$45.4m$49.0m$40.8m
Shareholders' equity$2.13bn$2.02bn$2.42bn$2.39bn$2.75bn$2.59bn$2.40bn$2.21bn$2.02bn$1.56bn
Shares outstanding43m43m47m49m54m54m53m54m55m54m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$75.3m$247.9m$296.0m$212.6m$389.7m$285.3m$323.5m$393.3m$404.4m$292.3m
Capital spending−$78.8m−$98.5m−$110.5m−$110.1m−$123.1m−$87.7m−$133.5m−$160.3m−$126.5m−$127.0m
Free cash flow−$3.5m$149.4m$185.5m$102.5m$266.6m$197.6m$190.0m$233.0m$277.9m$165.2m
Dividends paid——−$236.4m−$5.6m−$16.3m−$33.2m−$7.3m———

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$278.6m$265.5m$274.5m$250.8m$250.7m$227.8m$234.3m$233.1m
Gross profit$112.5m$99.5m$99.1m$99.0m$93.6m$89.8m$90.3m$54.1m
Operating income$4.5m−$7.7m$3.3m$7.9m$104,000$1.8m$14.0m−$253.3m
Net income$5.2m$1.6m$13.3m$7.5m$6.6m$3.8m$7.8m−$233.6m
Diluted earnings per share0.120.040.310.180.150.090.18-5.46
Cash from operations$37.0m−$5.0m$28.0m$35.0m−$2.0m$13.0m$73.0m$66.0m
Capital spending−$20.0m−$16.0m−$17.0m−$20.0m−$15.0m−$24.0m−$23.0m−$23.0m
Free cash flow$17.0m−$21.0m$11.0m$15.0m−$17.0m−$11.0m$50.0m$43.0m
Total assets$2.42bn$2.42bn$2.42bn$2.38bn$2.38bn$2.32bn$2.29bn$2.36bn
Cash and short-term investments$871.3m$812.9m$839.3m$870.4m$899.6m$926.9m$930.2m$1.02bn
Debt$5.2m$5.0m$5.1m$4.9m$4.8m$4.3m$4.8m$4.4m
Shareholders' equity$2.13bn$2.12bn$2.13bn$2.10bn$2.10bn$2.06bn$2.02bn$2.11bn

Financial ratios

Data as of 15 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2017
Gross margin38.0%34.6%42.1%38.9%47.7%44.9%——
Operating margin4.5%1.5%18.0%16.2%24.1%19.3%——
Net margin3.1%-18.6%17.0%7.7%19.1%13.3%——
Return on equity1.5%-9.0%9.1%4.6%10.1%6.2%——
Return on assets1.3%-7.9%8.1%4.0%8.8%5.4%——
Free cash flow yield4.9%11.0%11.8%9.0%13.0%9.4%——
Revenue growth2.7%-24.1%-9.9%-2.1%21.7%-8.7%——
Earnings growth-117.1%-182.9%99.1%-60.5%74.5%-11.5%——
Current ratio6.08x6.98x8.91x7.23x7.49x10.01x——
Debt to equity0.00x0.00x0.00x0.01x0.01x0.02x——
Equity ratio87.8%88.4%89.5%87.0%86.6%88.3%——
Interest coverage——5.55x18.34x191.82x3.90x20.43x767.40x
R&D as a share of sales11.7%11.2%7.7%8.1%9.6%10.6%——
Buybacks as a share of market value0.4%8.3%4.2%9.1%0.4%-1.8%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-11.1%-3.5%1.1%
Operating income-57.4%-41.9%-27.8%
Net income-34.4%-27.9%-18.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin36.3%38.7%41.5%46.8%
Operating margin-9.9%4.4%10.5%20.7%
Net margin-7.6%3.8%8.4%15.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings98.1-17.123.142.033.275.542.515.233.820.4
Price to sales3.03.23.93.26.310.05.84.28.35.3

Market value over time

30 Nov 2016 to 14 Oct 2026, in USD

$5.18bn$3.16bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return2%-32%20%-44%-25%51%25%-46%111%17%

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 19 Dec 2012.

FY2012
Paid in the year0.65

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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