
IPG Photonics Corporation
IPGPNASDAQTechnologySemiconductors
Previous close
$73.26
−$1.17 · -1.57%
IPGP company overview
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AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
46
Fair Value
Momentum
47
Neutral
Sentiment
56
Mixed
Risk resilience
47
Elevated Risk
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Company profile
Company websiteEstablished in 1990 and headquartered in Oxford, Massachusetts, IPG Photonics Corporation is a leading global developer and manufacturer of high-performance fiber, diode, and hybrid fiber-solid state lasers, along with fiber amplifiers. These advanced laser systems are primarily utilized across a wide range of materials processing applications worldwide. The company's extensive product portfolio encompasses a diverse array of laser types, including hybrid fiber-solid state lasers (offering green and UV wavelengths), fiber-pigtailed packaged diodes, fiber-coupled direct diode systems, high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization/single-frequency models. Complementing these are essential accessories such as high-power optical fiber delivery cables, couplers, beam switches, chillers, and scanners. IPG Photonics also offers a comprehensive range of fiber amplifiers, including erbium-doped, Raman, ytterbium, and thulium specialty types, alongside broadband light sources, which are crucial for integrated communication systems and broadband networks. Furthermore, the company develops integrated laser systems for specialized tasks, such as 2D compact flat sheet cutting, multi-axis operations, precision welding (e.g., the welding seam stepper and picker), and other high-precision or bespoke laser applications. It extends its offerings to optical transceiver and transponder modules, critical for interconnecting electronic equipment like Ethernet switches, IP routers, and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operator, and data center networking environments. Beyond materials processing, IPG Photonics' innovative lasers and amplifiers find diverse utility in communications, medical technology, and various other cutting-edge fields. The company markets its products to a broad customer base, including original equipment manufacturers (OEMs), system integrators, and direct end-users, leveraging its dedicated direct sales force alongside a global network of independent sales representatives and distributors.
- Industry
- Semiconductors
- Sector
- Technology
- Headquarters
- US
- CEO
- Mark Milton Gitin
- Listed since
- Dec 13, 2006
- Employees
- 4,840
Market position
Day range
Current $73.26
52-week range
Current $73.26
- Open
- $75.25
- Previous close
- $74.43
- Volume
- 744.54K
- 1.45× average
- Average volume
- 515.17K
- Average daily volume
- Market cap
- 3.11B USD
- Beta
- 1
- Market reference 1
- 50-day average
- $98.3908
- -25.54% below average
- 200-day average
- $101.85
- -28.07% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 2.66B USD
- P/E (TTM)
- 111×
- P/B (TTM)
- 1.46×
- P/S (TTM)
- 2.91×
- EV / EBITDA
- 23.79×
- Earnings yield
- 1.02%
- Free cash flow yield
- -0.11%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 38.35%
- Operating margin
- 0.74%
- Net margin
- 2.58%
- Return on equity
- 1.46%
- Return on assets
- 1.28%
- Return on invested capital
- 0.41%
Financial health
- Debt / equity
- 0.01×
- Current ratio
- 6.08×
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1B USD | 977.13M USD | 1.29B USD | 1.43B USD | 1.46B USD |
| Cost of goods sold | 622.31M USD | 638.98M USD | 745.74M USD | 874.13M USD | 764.46M USD |
| Gross profit | 381.46M USD | 338.16M USD | 541.7M USD | 555.41M USD | 696.4M USD |
| Research and development | 117.4M USD | 109.78M USD | 98.7M USD | 116.11M USD | 139.57M USD |
| Selling, general, and administrative | 241M USD | 213.9M USD | 211.43M USD | 207.9M USD | 204.06M USD |
| Operating expenses | 368.36M USD | 546.41M USD | 309.73M USD | 385.91M USD | 328.52M USD |
| Interest income | — | 45.47M USD | 41.74M USD | 12.62M USD | — |
| Depreciation and amortization | 66.85M USD | 61.44M USD | 69.62M USD | 90.56M USD | 96.33M USD |
| Operating income | 13.1M USD | −208.25M USD | 231.97M USD | 169.5M USD | 367.88M USD |
| Net income | 31.1M USD | −181.53M USD | 218.88M USD | 109.91M USD | 278.42M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 45%
- 5 beats, 6 misses, 0 met estimates
- Average EPS surprise
- -1.67%
- 11 comparable reports
- Latest EPS result
- 0.12
- Estimate 0.37 · Miss by 67.17%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
IPGP news
IPGP peers
ETFs holding IPGP
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Mid-Cap ETFIJH77.6M0.06%125.92B USD0.05%$76.77+0.52%
Vanguard Morningstar Total Stock Market ETFVTI68.99M0.00%2.3T USD0.03%$378.24+0.44%
Vanguard Information Technology ETFVGT54.4M0.03%160.2B USD0.09%$118.42+0.05%
Vanguard Morningstar Small-Cap ETFVB49.79M0.03%183.4B USD0.03%$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETFVBK28.92M0.06%43.8B USD0.05%$358.65+0.70%
Vanguard Extended Market ETFVXF24.97M0.03%93.7B USD0.05%$245.53+0.82%
L&G ROBO Global Robotics and Automation UCITS ETFROBO23.75M1.15%1.96B USD0.95%$81.17+0.28%
Dimensional - US Targeted Value ETFDFAT14.94M0.10%14.66B USD0.28%$71.67+0.67%
iShares Core S&P Mid-Cap ETFIJH- Market value
- 77.6M
- Weight
- 0.06%
- AUM
- 125.92B USD
- Expense ratio
- 0.05%
- Price / 1D
- $76.77+0.52%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 68.99M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard Information Technology ETFVGT- Market value
- 54.4M
- Weight
- 0.03%
- AUM
- 160.2B USD
- Expense ratio
- 0.09%
- Price / 1D
- $118.42+0.05%
Vanguard Morningstar Small-Cap ETFVB- Market value
- 49.79M
- Weight
- 0.03%
- AUM
- 183.4B USD
- Expense ratio
- 0.03%
- Price / 1D
- $304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETFVBK- Market value
- 28.92M
- Weight
- 0.06%
- AUM
- 43.8B USD
- Expense ratio
- 0.05%
- Price / 1D
- $358.65+0.70%
Vanguard Extended Market ETFVXF- Market value
- 24.97M
- Weight
- 0.03%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $245.53+0.82%
L&G ROBO Global Robotics and Automation UCITS ETFROBO- Market value
- 23.75M
- Weight
- 1.15%
- AUM
- 1.96B USD
- Expense ratio
- 0.95%
- Price / 1D
- $81.17+0.28%
Dimensional - US Targeted Value ETFDFAT- Market value
- 14.94M
- Weight
- 0.10%
- AUM
- 14.66B USD
- Expense ratio
- 0.28%
- Price / 1D
- $71.67+0.67%
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