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Companies / Information Technology / IPG Photonics Corporation
IPGP

IPG Photonics Corporation

Ticker IPGPMARLBOROUGH, MAFiscal year ends DecemberBook value per share $50.23Diluted shares 42.9M

IPG Photonics Corporation (Nasdaq: IPGP) develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers and laser-based systems for materials processing, medical procedures and advanced applications. Its customers include original equipment manufacturers, system integrators and end… From the company’s description.

Over the twelve months to Sep 30, 2026, IPG Photonics Corporation reported revenue of $1.11B, up 14.8% from a year earlier, and net income of $40.37M. Its operating margin was 1.9%, and operations generated $107.34M in cash. In fiscal 2025, it reported revenue of $1.00B, up 2.7% from fiscal 2024, and net income of $31.10M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.00BFY2025
+2.7% year over year
Last 12 mo $1.11B
1.31%FY2025
+22.6 percentage points
Last 12 mo 1.89%
$31.10MFY2025
+117.1% year over year
Last 12 mo $40.37M
1.48%FY2025
+9.3 percentage points
Last 12 mo 2.51%
Cash & financing
$75.34MFY2025
−69.6% year over year
Last 12 mo $107.34M
$-3.45MFY2025
−102.3% year over year
Last 12 mo $35.01M
—
42.6MFY2025
−3.8% year over year
Last 12 mo 42.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What IPG Photonics Corporation does

In the company’s own words

IPG Photonics Corporation (Nasdaq: IPGP) develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers and laser-based systems for materials processing, medical procedures and advanced applications. Its customers include original equipment manufacturers, system integrators and end users worldwide, including manufacturers in automotive, electronics, aerospace, energy and medical-device markets, as well as medical technology companies, commercial firms and research institutions. The company sells laser sources, accessories such as optical delivery cables and processing heads, and integrated systems including handheld LightWELD welding products, cleanLASER surface-cleaning systems and robotic automation solutions from Genesis Systems Group. In 2025, materials processing represented 85.7% of revenue, medical procedures 7.4% and advanced applications 6.9%. IPG vertically integrates production of key components, including semiconductor diodes and specialty optical fibers, and sells primarily through a direct global sales force. Revenue was $1.00 billion for fiscal 2025, and the company had approximately 4,840 full-time employees at year-end. Founded in 1990, IPG began as a fiber-laser business and has expanded into systems, medical products and counter-drone solutions, including CROSSBOW. Its website is www.ipgphotonics.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
MARLBOROUGH, MA
Fiscal year end
December
CIK
1111928
SIC
3674

Financial performance, year by year

Fiscal 2011–2025 · USD
$-345.76M$146.95M$639.67M$1.13B$1.63B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns IPG Photonics Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

317
funds hold it
0 of 35
superinvestors hold it
$1.73B
held by funds, at market
34.7%
of shares held by funds

Largest fund holders · IPG Photonics Corporation’s weight in each

First Eagle Global Fund
SGENX · First Eagle Funds
—of fund net assets
Victory Sycamore Established Value Fund
VETAX · Victory Portfolios
0.73%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.08%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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