Security
IPGP · IPG PHOTONICS CORP
IPGPNASDAQCommon stockCurrentCIK 1111928Updated Sep 27, 2026
IPGP price & chart
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Recent filings
144 filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
4 filing
4 filing
SCHEDULE 13G/A filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,424,280,000Source | 2,289,264,000Source | 2,698,898,000Source | 2,743,280,000Source |
| Property, Plant and Equipment, NetUSD | 637,516,000Source | 588,375,000Source | 602,257,000Source | 580,561,000Source |
| GoodwillUSD | 71,735,000Source | 67,241,000Source | 38,540,000Source | 38,325,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 49,933,000Source | 55,376,000Source | 26,234,000Source | 34,120,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 403,790,000Source | 620,040,000Source | 514,674,000Source | 698,209,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 181,734,000Source | 171,131,000Source | 219,053,000Source | 211,347,000Source |
| Inventory, NetUSD | 313,416,000Source | 284,780,000Source | 453,874,000Source | 509,363,000Source |
| Assets, CurrentUSD | 1,423,440,000Source | 1,430,995,000Source | 1,914,654,000Source | 1,986,274,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 45,766,000Source | 27,300,000Source | 38,208,000Source | 47,047,000Source |
| Operating Lease, Right-of-Use AssetUSD | 17,006,000Source | 14,524,000Source | 13,947,000Source | 15,564,000Source |
| Other Assets, NoncurrentUSD | 41,234,000Source | 32,246,000Source | 28,425,000Source | 28,848,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 296,150,000Source | 264,793,000Source | 283,513,000Source | 357,920,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 6,000Source | 6,000Source | 6,000Source | 6,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,644,964,000Source | 2,613,868,000Source | 2,795,394,000Source | 2,576,516,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -38,383,000Source | -119,367,000Source | -212,530,000Source | -204,524,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,128,130,000Source | 2,024,471,000Source | 2,415,385,000Source | 2,385,360,000Source |
| Additional Paid in Capital, Common StockUSD | 1,077,172,000Source | 1,035,285,000Source | 994,020,000Source | 951,371,000Source |
| Liabilities and EquityUSD | 2,424,280,000Source | 2,289,264,000Source | 2,698,898,000Source | 2,743,280,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 234,037,000Source | 205,019,000Source | 214,861,000Source | 274,646,000Source |
| Operating Lease, Liability, CurrentUSD | 5,074,000Source | 4,835,000Source | 4,597,000Source | 5,234,000Source |
| Accounts Payable, CurrentUSD | 39,288,000Source | 35,385,000Source | 28,618,000Source | 46,233,000Source |
| Operating Lease, Liability, NoncurrentUSD | 12,176,000Source | 13,124,000Source | 13,664,000Source | 16,787,000Source |
| Deferred Income Tax Liabilities, NetUSD | 9,397,000Source | 14,206,000Source | 1,508,000Source | 1,469,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | — | 0Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 184,849,000Source | 152,048,000Source | 181,350,000Source | 202,764,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | — | — | 0Source | 16,031,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 0Source |
| Short-term InvestmentsUSD | 435,538,000Source | 310,152,000Source | 662,807,000Source | 479,374,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | -181,526,000Source | 218,878,000Source | 110,762,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 66,854,000Source | 61,443,000Source | 69,621,000Source | 90,564,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 42,947,000Source | 37,070,000Source | 39,502,000Source | 38,302,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 4,761,000Source | -46,827,000Source | 10,395,000Source | -34,100,000Source |
| Increase (Decrease) in InventoriesUSD | 52,918,000Source | -47,725,000Source | -1,823,000Source | 189,013,000Source |
| Increase (Decrease) in Accounts PayableUSD | 4,334,000Source | -1,526,000Source | -16,319,000Source | -12,174,000Source |
| Deferred Income Tax Expense (Benefit)USD | -13,680,000Source | -25,660,000Source | -13,789,000Source | -27,575,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 75,344,000Source | 247,896,000Source | 295,986,000Source | 212,649,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | -505,000Source | 66,738,000Source | 0Source | 2,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -265,230,000Source | 208,732,000Source | -237,554,000Source | 296,952,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -43,000Source | -427,000Source | -558,000Source | 43,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 78,798,000Source | 98,524,000Source | 110,483,000Source | 110,141,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 53,132,000Source | 343,816,000Source | 223,496,000Source | 499,506,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -54,192,000Source | -339,621,000Source | -236,380,000Source | -514,549,000Source |
| Repayments of Long-term DebtUSD | 0Source | 0Source | 16,031,000Source | 18,126,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -216,250,000Source | 105,366,000Source | -183,535,000Source | -10,896,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 403,790,000Source | 620,040,000Source | 514,674,000Source | 698,209,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 226,000Source | 277,000Source | 1,284,000Source | 3,214,000Source |
| Income Taxes Paid, NetUSD | 57,008,000Source | 40,632,000Source | 62,916,000Source | 113,200,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 27,828,000Source | -11,641,000Source | -5,587,000Source | -5,948,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 43,014,000Source | 37,150,000Source | 39,604,000Source | 38,335,000Source |
| Amortization of Intangible AssetsUSD | 9,790,000Source | 5,933,000Source | 7,895,000Source | 10,454,000Source |
| DepreciationUSD | 52,757,000Source | 52,399,000Source | 58,245,000Source | 76,063,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -9,354,000Source | -5,524,000Source | 1,356,000Source | -4,103,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 822,000Source | -1,161,000Source | 4,334,000Source | 592,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 0Source | -190,201,000Source | 0Source | 31,846,000Source |
| General and Administrative ExpenseUSD | 143,140,000Source | 124,313,000Source | 125,749,000Source | 131,253,000Source |
| GoodwillUSD | 71,735,000Source | 67,241,000Source | 38,540,000Source | 38,325,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | 0Source |
| Income Tax Expense (Benefit)USD | 14,000,000Source | 19,638,000Source | 55,997,000Source | 72,589,000Source |
| Inventory Write-downUSD | 30,106,000Source | 82,515,000Source | 45,499,000Source | 127,960,000Source |
| Net Income (Loss) Attributable to ParentUSD | 31,096,000Source | -181,526,000Source | 218,878,000Source | 109,909,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 0Source | 0Source | 853,000Source |
| Nonoperating Income (Expense)USD | 31,992,000Source | 46,366,000Source | 42,902,000Source | 13,851,000Source |
| Operating ExpensesUSD | 368,359,000Source | 546,409,000Source | 309,725,000Source | 385,913,000Source |
| Operating Lease, ExpenseUSD | 6,040,000Source | 6,364,000Source | 4,529,000Source | 8,112,000Source |
| Other Nonoperating Income (Expense)USD | 2,135,000Source | 899,000Source | 1,167,000Source | 1,231,000Source |
| Payments to Acquire InvestmentsUSD | 943,323,000Source | — | 1,232,863,000Source | 1,117,022,000Source |
| Proceeds from Stock Options ExercisedUSD | 783,000Source | 5,923,000Source | 5,630,000Source | 5,507,000Source |
| Restructuring Costs and Asset Impairment ChargesUSD | 0Source | 27,006,000Source | -486,000Source | 9,697,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,003,777,000Source | 977,134,000Source | 1,287,439,000Source | 1,429,547,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 13,104,000Source | -208,254,000Source | 231,973,000Source | 169,500,000Source |
| Other Nonoperating Income (Expense)USD | 2,135,000Source | 899,000Source | 1,167,000Source | 1,231,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 45,096,000Source | -161,888,000Source | 274,875,000Source | 183,351,000Source |
| Income Tax Expense (Benefit)USD | 14,000,000Source | 19,638,000Source | 55,997,000Source | 72,589,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | 0Source | 0Source | 853,000Source |
| Net Income (Loss) Attributable to ParentUSD | 31,096,000Source | -181,526,000Source | 218,878,000Source | 109,909,000Source |
| Earnings Per Share, BasicUSD per share | 0.73Source | -4.09Source | 4.64Source | 2.17Source |
| Earnings Per Share, DilutedUSD per share | 0.73Source | -4.09Source | 4.63Source | 2.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 42,344,616Source | 44,335,857Source | 47,154,217Source | 50,761,096Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 42,649,712Source | 44,335,857Source | 47,320,075Source | 50,924,742Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 9,790,000Source | 5,933,000Source | 7,895,000Source | 10,454,000Source |
| Current Income Tax Expense (Benefit)USD | 27,680,000Source | 45,298,000Source | 69,786,000Source | 100,164,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -9,354,000Source | -5,524,000Source | 1,356,000Source | -4,103,000Source |
| General and Administrative ExpenseUSD | 143,140,000Source | 124,313,000Source | 125,749,000Source | 131,253,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | — | 0Source |
| Gross ProfitUSD | 381,463,000Source | 338,155,000Source | 541,698,000Source | 555,413,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 8,388,000Source | 4,879,000Source | 131,601,000Source | 135,041,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 29,857,000Source | 45,467,000Source | 41,735,000Source | 12,620,000Source |
| Nonoperating Income (Expense)USD | 31,992,000Source | 46,366,000Source | 42,902,000Source | 13,851,000Source |
| Operating ExpensesUSD | 368,359,000Source | 546,409,000Source | 309,725,000Source | 385,913,000Source |
| Operating Lease, ExpenseUSD | 6,040,000Source | 6,364,000Source | 4,529,000Source | 8,112,000Source |
| Research and Development ExpenseUSD | 117,402,000Source | 109,783,000Source | 98,704,000Source | 116,114,000Source |
| Selling and Marketing ExpenseUSD | 97,862,000Source | 89,582,000Source | 85,679,000Source | 76,643,000Source |