IPGP
IPG PHOTONICS CORP
NASDAQ · Technology · Semiconductors · US
$70.20
−5.67%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.1B | 1.0B | 977.1M | 1.3B | 1.4B |
| Cost of Revenue | 677.9M | 622.3M | 639.0M | 745.7M | 874.1M |
| Gross Profit | 428.1M | 381.5M | 338.2M | 541.7M | 555.4M |
| Operating Expenses | |||||
| R&D Expense | 124.4M | 117.4M | 109.8M | 98.7M | 116.1M |
| SG&A Expense | 246.9M | 241.0M | 213.9M | 211.4M | 207.9M |
| General & Admin Expense | 150.5M | 143.1M | 124.3M | 125.7M | 131.3M |
| Selling & Marketing Expense | 96.4M | 97.9M | 89.6M | 85.7M | 76.6M |
| Other Expenses | 36.0M | 10.0M | 222.7M | (407.0K) | 61.9M |
| Total Operating Expenses | 407.3M | 368.4M | 546.4M | 309.7M | 385.9M |
| Cost and Expenses | 1.1B | 990.7M | 1.2B | 1.1B | 1.3B |
| Operating Income (EBIT) | 20.9M | 13.1M | (208.3M) | 232.0M | 169.5M |
| Non-Operating | |||||
| Interest Income | 14.8M | — | 45.5M | 41.7M | 12.6M |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | 14.8M | — | 45.5M | 41.7M | 12.6M |
| Other Non-Op Income/Expense | 31.6M | 32.0M | 46.4M | 42.9M | 13.9M |
| Non-Operating Income (excl Interest) | (31.6M) | (32.0M) | (222.7M) | 407.0K | (61.9M) |
| EBT (Pre-Tax Income) | 52.5M | 45.1M | (161.9M) | 274.9M | 183.4M |
| Income Tax Expense | 12.2M | 14.0M | 19.6M | 56.0M | 72.6M |
| Bottom Line | |||||
| Net Income | 40.4M | 31.1M | (181.5M) | 218.9M | 109.9M |
| Earnings from Cont. Ops | 40.4M | 31.1M | (181.5M) | 218.9M | 110.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 40.4M | 31.1M | (181.5M) | 218.9M | 109.9M |
| Per Share | |||||
| Basic EPS | $0.96 | $0.73 | ($4.09) | $4.64 | $2.17 |
| Diluted EPS | $0.94 | $0.73 | ($4.09) | $4.63 | $2.16 |
| Revenue Per Share | $26.01 | $23.56 | $22.04 | $27.30 | $28.16 |
| Shares | |||||
| Basic Shares Outstanding | 42.5M | 42.6M | 44.3M | 47.2M | 50.8M |
| Diluted Shares Outstanding | 42.8M | 42.6M | 44.3M | 47.3M | 50.9M |
| Profitability Metrics | |||||
| EBITDA | 120.0M | 112.0M | 75.9M | 301.2M | 322.0M |
| D&A | 67.4M | 66.9M | 61.4M | 69.6M | 90.6M |
| EBIT | 52.5M | 45.1M | 14.5M | 231.6M | 231.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026