IPGP · Ipg Photonics Corp
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.04B | $1B | $977.13M | $1.29B | $1.43B | $1.46B | $1.2B | $1.31B | $1.46B | $1.41B | $1.01B | $901.27M | $769.83M | $648.03M | $562.53M | $474.48M | $299.26M | $185.89M | |
| $650.33M | $622.31M | $638.98M | $745.74M | $874.13M | $764.46M | $661.73M | $708.37M | $659.61M | $611.98M | $453.93M | $409.39M | $353.31M | $308.14M | $257.8M | $217.23M | $152.8M | $121.63M | |
| $391.15M | $381.46M | $338.16M | $541.7M | $555.41M | $696.4M | $539M | $606.21M | $800.27M | $796.91M | $552.24M | $491.88M | $416.52M | $339.9M | $304.73M | $257.26M | $146.46M | $64.27M | |
| — | 38% | 34.61% | 42.08% | 38.85% | 47.67% | 44.89% | 46.11% | 54.82% | 56.56% | 54.89% | 54.58% | 54.11% | 52.45% | 54.17% | 54.22% | 48.94% | 34.57% | |
| $122.38M | $117.4M | $109.78M | $98.7M | $116.11M | $139.57M | $126.9M | $130M | $122.77M | $100.87M | $78.55M | $63.33M | $53.4M | $41.66M | $31.4M | $25.42M | $19.16M | $18.54M | |
| $97.97M | $97.86M | $89.58M | $85.68M | $76.64M | $78.18M | $70.58M | $77.75M | $57.82M | $49.8M | $38.39M | $31.87M | $30.64M | $26.69M | $23.85M | $21.73M | $19.1M | $15.16M | |
| $146.42M | $143.14M | $124.31M | $125.75M | $131.25M | $125.88M | $110.01M | $107.6M | $102.43M | $80.67M | $66.49M | $57.19M | $55.34M | $50.86M | $39.23M | $37.44M | $28.65M | $20.49M | |
| $9.38M | $9.79M | $5.93M | $7.9M | $10.45M | $12.43M | $11.97M | $12.95M | $8.17M | $5.9M | $3.76M | $2.27M | $2.21M | $2.31M | $2.09M | $2.25M | $1.77M | — | |
| — | $66.85M | $61.44M | $69.62M | $90.56M | $96.33M | $94.55M | $96.27M | $80.27M | $64.57M | $51.48M | $42.42M | $35.61M | $31.52M | $26.14M | $23.96M | $21.85M | $19.17M | |
| — | $601K | $0 | -$288K | $9.7M | — | $506K | $1.78M | — | — | — | — | — | — | — | — | — | — | |
| $387.61M | $368.36M | $546.41M | $309.73M | $385.91M | $328.52M | $340.34M | $372.42M | $276.86M | $245.8M | $187.93M | $149.83M | $132.76M | $121.75M | $95.84M | $81.73M | $66.06M | $55.21M | |
| $3.54M | $13.1M | -$208.25M | $231.97M | $169.5M | $367.88M | $198.66M | $233.79M | $523.41M | $551.11M | $364.31M | $342.04M | $283.76M | $218.15M | $208.89M | $175.52M | $80.4M | $9.06M | |
| — | 1.31% | -21.31% | 18.02% | 11.86% | 25.18% | 16.54% | 17.78% | 35.85% | 39.12% | 36.21% | 37.95% | 36.86% | 33.66% | 37.13% | 36.99% | 26.87% | 4.87% | |
| — | $79.96M | -$146.81M | $301.59M | $260.06M | $464.21M | $293.21M | $330.06M | $603.68M | $615.68M | $415.79M | $384.46M | $319.37M | $249.67M | $235.03M | $199.48M | $102.25M | $28.23M | |
| -$181K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $681K | $1.19M | $1.25M | |
| $31.96M | $31.99M | $46.37M | $42.9M | $13.85M | -$1.4M | $7.03M | $14.58M | $10.99M | $759K | $2.25M | -$426K | $716K | $154K | $327K | -$938K | -$1.15M | -$1.29M | |
| $35.5M | $45.1M | -$161.89M | $274.88M | $183.35M | $366.48M | $205.69M | $248.38M | $534.4M | $551.87M | $366.57M | $341.62M | $284.47M | $218.3M | $209.22M | $174.58M | $79.25M | $7.77M | |
| $6.58M | $14M | $19.64M | $56M | $72.59M | $88.62M | $45.35M | $68.12M | $130.23M | $204.28M | $105.85M | $99.59M | $84.03M | $62.52M | $61.47M | $53.58M | $24.9M | $2.49M | |
| $28.92M | $31.1M | -$181.53M | $218.88M | $109.91M | $278.42M | $159.57M | $180.23M | $404.03M | $347.61M | $260.75M | $242.15M | $200.45M | $155.78M | $145M | $117.76M | $53.99M | $5.42M | |
| — | 3.1% | -18.58% | 17% | 7.69% | 19.06% | 13.29% | 13.71% | 27.68% | 24.67% | 25.92% | 26.87% | 26.04% | 24.04% | 25.78% | 24.82% | 18.04% | 2.92% | |
| — | — | $0 | $0 | $853K | -$550K | $766K | $27K | $142K | -$26K | -$36K | -$127K | $0 | $0 | $2.74M | $3.25M | $361K | -$135K | |
| — | — | — | — | — | — | $159.57M | $180.23M | $404.03M | $347.61M | $260.75M | $242.15M | $200.45M | $155.78M | $145.5M | $117.27M | $53.99M | $5.42M | |
| $70.32M | $112.08M | -$88.36M | $210.87M | $95.34M | $234.53M | $160.43M | $196.21M | $318.48M | $448.8M | $263.65M | $173.25M | $89.88M | $157.17M | $157.3M | $104.85M | $43.7M | — | |
| USD/shares | — | $0.73 | -$4.09 | $4.64 | $2.17 | $5.21 | $3.00 | $3.40 | $7.55 | $6.50 | $4.91 | $4.60 | $3.85 | $3.02 | $2.87 | $2.48 | $1.16 | $0.12 |
| USD/shares | — | $0.73 | -$4.09 | $4.63 | $2.16 | $5.16 | $2.97 | $3.35 | $7.38 | $6.36 | $4.85 | $4.53 | $3.79 | $2.97 | $2.81 | $2.41 | $1.13 | $0.12 |
| shares | — | 42.34M | 44.34M | 47.15M | 50.76M | 53.41M | 53.19M | 53.06M | 53.52M | 53.5M | 53.07M | 52.68M | 52.1M | 51.55M | 50.48M | 47.37M | 46.42M | 45.49M |
| shares | — | 42.65M | 44.34M | 47.32M | 50.92M | 53.93M | 53.78M | 53.84M | 54.73M | 54.7M | 53.8M | 53.43M | 52.82M | 52.38M | 51.54M | 48.69M | 47.59M | 46.6M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2012–FY2025: $1.56B in buybacks, $66.71M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 18 similar-size Semiconductor Equipment & Materials companies (of 29 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Reportable Segment | $1,003,777,000 | $977,134,000 | $1,287,439,000 | $1,429,547,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| China | $291,905,000 | $244,996,000 | $355,321,000 | $479,926,000 | $548,348,000 | $502,278,000 | $491,890,000 | $629,079,000 |
| North America | $267,183,000 | $258,888,000 | $313,986,000 | $338,713,000 | $314,984,000 | $246,189,000 | $280,886,000 | $202,743,000 |
| Other European Geographical Areas | $138,543,000 | $197,152,000 | $291,336,000 | $294,481,000 | $289,136,000 | $219,540,000 | $249,871,000 | $296,917,000 |
| Other Asian Geographical Areas | $121,805,000 | $113,232,000 | $142,378,000 | $152,373,000 | $139,148,000 | $103,785,000 | $121,586,000 | $127,251,000 |
| Germany | $105,160,000 | $87,800,000 | $88,026,000 | $85,491,000 | $101,738,000 | $65,646,000 | $81,365,000 | $111,259,000 |
| Japan | $66,369,000 | $62,352,000 | $72,333,000 | $57,865,000 | $54,077,000 | $53,180,000 | $71,757,000 | $87,619,000 |
| Rest of World | $12,812,000 | $12,714,000 | $24,059,000 | $20,698,000 | $13,429,000 | $10,106,000 | $17,226,000 | $5,006,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| High Power Continuous Wave (CW) Lasers | $308,825,000 | $332,743,000 | $524,981,000 | $613,734,000 | $687,406,000 | $646,062,000 | $734,745,000 | $909,726,000 |
| Amplifiers Laser Systems Service Parts Accessories | $264,508,000 | $246,786,000 | $295,380,000 | — | — | — | — | — |
| Laser and Non-Laser Systems | $147,243,000 | $139,145,000 | $161,177,000 | $153,471,000 | $126,642,000 | $93,727,000 | $141,647,000 | $59,330,000 |
| Pulsed Lasers | $143,251,000 | $146,759,000 | $185,581,000 | $250,677,000 | $240,978,000 | $158,448,000 | $137,675,000 | $162,048,000 |
| Medium and Low Power CW Lasers | $88,178,000 | $63,685,000 | $71,672,000 | $77,079,000 | $80,501,000 | $50,796,000 | $56,625,000 | $95,764,000 |
| Quasi Continuous Wave (QCW) Lasers | $51,772,000 | $48,016,000 | $48,648,000 | $50,212,000 | $60,668,000 | $50,333,000 | $56,440,000 | $66,700,000 |
| Amplifiers Laser Systems Service Parts Accessories And Change In Deferred Revenue | — | $246,786,000 | $295,380,000 | $284,374,000 | $264,665,000 | $201,358,000 | $187,449,000 | $166,306,000 |
| Materials Processing | — | $857,336,000 | $1,152,804,000 | — | — | — | — | — |
| Other Applications | — | $119,798,000 | $134,635,000 | — | — | — | — | — |