IPG PHOTONICS CORP financials

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IPGP CIK 0001111928

Source: EDGAR filings · Built 2026-06-02T03:19:32Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow -3.45M 149.37M 185.50M 102.51M 266.59M 197.64M
EBITDA 79.96M -146.81M 301.59M 260.06M 464.21M 293.21M
Working Capital 1.19B 1.23B 1.70B 1.71B 2.03B 1.93B
Net Debt -386.54M -602.08M -496.41M -660.16M -650.97M -814.04M
Gross Margin 38.00% 34.61% 42.08% 38.85% 47.67% 44.89%
Operating Margin 1.31% -21.31% 18.02% 11.86% 25.18% 16.54%
Net Margin 3.10% -18.58% 17.00% 7.69% 19.06% 13.29%
Return on Equity (ROE) 1.46% -8.97% 9.06% 4.61% 10.14% 6.15%
Return on Assets (ROA) 1.28% -7.93% 8.11% 4.01% 8.78% 5.44%
Current Ratio 6.08× 6.98× 8.91× 7.23× 7.49× 10.01×
Debt-to-Equity 0.01× 0.01× 0.01× 0.02× 0.02× 0.02×
Effective Tax Rate 31.04% -12.13% 20.37% 39.59% 24.18% 22.05%
Cash Conversion Ratio 2.42× -1.37× 1.35× 1.93× 1.40× 1.79×
Accruals Ratio -0.02× -0.19× -0.03× -0.04× -0.04× -0.04×
SBC % of Revenue 4.28% 3.79% 3.07% 2.68% 2.59% 2.95%
CapEx Coverage 0.96× 2.52× 2.68× 1.93× 3.17× 3.25×
Free Cash Flow Per Share $-0.08 $3.37 $3.92 $2.01 $4.94 $3.67

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 98.08× — 23.44× 43.83× 33.36× 75.35×
P/FCF — 21.58× 27.69× 47.03× 34.82× 60.90×
FCF Yield — 4.63% 3.61% 2.13% 2.87% 1.64%
EV / EBITDA 32.89× — 15.02× 14.99× 18.25× 38.00×
P/S 3.00× 3.17× 3.91× 3.19× 6.25× 9.96×
P/B 1.42× 1.53× 2.08× 1.91× 3.32× 4.61×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 1.00B 977.13M 1.29B 1.43B 1.46B 1.20B
Cost of Revenue 622.31M 638.98M 745.74M 874.13M 764.46M 661.73M
Gross Profit 381.46M 338.15M 541.70M 555.41M 696.40M 539.00M
Research and Development Expense 117.40M 109.78M 98.70M 116.11M 139.57M 126.90M
Operating Expenses 368.36M 546.41M 309.73M 385.91M 328.51M 340.34M
Operating Income (Loss) 13.10M -208.25M 231.97M 169.50M 367.88M 198.66M
Income Tax Expense (Benefit) 14.00M 19.64M 56.00M 72.59M 88.61M 45.35M
Net Income (Loss) Attributable to Parent 31.10M -181.53M 218.88M 109.91M 278.42M 159.57M
Earnings Per Share, Basic $0.73 $-4.09 $4.64 $2.17 $5.21 $3.00
Weighted Average Number of Shares Outstanding, Basic 42.34M 44.34M 47.15M 50.76M 53.41M 53.19M
Earnings Per Share, Diluted $0.73 $-4.09 $4.63 $2.16 $5.16 $2.97
Weighted Average Number of Shares Outstanding, Diluted 42.65M 44.34M 47.32M 50.92M 53.93M 53.78M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 403.79M 620.04M 514.67M 698.21M 709.11M 876.23M
Assets, Current 1.42B 1.43B 1.91B 1.99B 2.35B 2.15B
Assets 2.42B 2.29B 2.70B 2.74B 3.17B 2.94B
Long-term Debt — — — 16.03M 34.16M 37.97M
Liabilities, Current 234.04M 205.02M 214.86M 274.65M 313.43M 214.58M
Long-term Debt, Excluding Current Maturities — — — 0 16.03M 34.16M
Liabilities 296.15M 264.79M 283.51M 357.92M 423.32M 341.59M
Stockholders' Equity Attributable to Parent 2.13B 2.02B 2.42B 2.39B 2.75B 2.59B
Common Stock, Shares, Outstanding 42.13M 42.55M 46.32M 48.14M 53.01M 53.43M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 75.34M 247.90M 295.99M 212.65M 389.70M 285.33M
Payments to Acquire Property, Plant, and Equipment 78.80M 98.52M 110.48M 110.14M 123.11M 87.70M
Net Cash Provided by (Used in) Investing Activities -265.23M 208.73M -237.55M 296.95M -416.28M -99.57M
Payments for Repurchase of Common Stock 53.13M 343.82M 223.50M 499.51M 134.89M 37.88M
Net Cash Provided by (Used in) Financing Activities -54.19M -339.62M -236.38M -514.55M -125.07M -10.08M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (IPGP CIK 0001111928), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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