15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.0B | $31M | 38.0% | 1.3% | -$3M | — | $404M |
| 2024 | $977M | -$182M | 34.6% | -21.3% | $149M | — | $620M |
| 2023 | $1.3B | $219M | 42.1% | 18.0% | $186M | — | $515M |
| 2022 | $1.4B | $110M | 38.9% | 11.9% | $103M | $16M | $698M |
| 2021 | $1.5B | $278M | 47.7% | 25.2% | $267M | $34M | $709M |
| 2020 | $1.2B | $160M | 44.9% | 16.5% | $198M | $38M | $876M |
| 2019 | $1.3B | $180M | 46.1% | 17.8% | $190M | $42M | $680M |
| 2018 | $1.5B | $404M | 54.8% | 35.9% | $233M | $45M | $544M |
| 2017 | $1.4B | $348M | 56.6% | 39.1% | $279M | $45M | $910M |
| 2016 | $1.0B | $261M | 54.9% | 36.2% | $171M | $41M | $624M |
| 2015 | — | $242M | — | — | $193M | $20M | $583M |
| 2014 | — | $200M | — | — | $92M | $33M | $522M |
| 2013 | — | $156M | — | — | $48M | $13M | $449M |
| 2012 | — | $145M | — | — | $107M | $16M | $384M |
| 2011 | — | $118M | — | — | $34M | $17M | $180M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $265M | $2M | 37.5% | -2.9% | -$22M | — | $481M |
| Dec '25 | $274M | $13M | 36.1% | 1.2% | $11M | — | $404M |
| Sep '25 | $251M | $7M | 39.5% | 3.1% | $15M | — | $346M |
| Jun '25 | $251M | $7M | 37.3% | 0.0% | -$18M | — | $359M |
| Mar '25 | $228M | $4M | 39.4% | 0.8% | -$11M | — | $363M |
| Dec '24 | $234M | $8M | 38.6% | 6.0% | $51M | — | $620M |
| Sep '24 | $233M | -$234M | 23.2% | -108.7% | $43M | — | $884M |
| Jun '24 | $258M | $20M | 37.3% | 4.7% | $29M | — | $721M |
| Mar '24 | $252M | $24M | 38.7% | 7.6% | $27M | — | $496M |
| Dec '23 | $299M | $41M | 38.2% | 9.6% | $81M | — | $515M |
| Sep '23 | $301M | $55M | 44.1% | 18.5% | $60M | — | $528M |
| Jun '23 | $340M | $62M | 43.4% | 21.2% | $41M | — | $573M |
| Mar '23 | $347M | $60M | 42.3% | 21.7% | $4M | $16M | $521M |
| Dec '22 | $334M | -$93M | 18.2% | -26.5% | $16M | $16M | $698M |
| Sep '22 | $349M | $76M | 43.1% | 26.7% | $51M | $16M | $869M |
| Jun '22 | $377M | $57M | 45.7% | 19.0% | $44M | $32M | $772M |
| Mar '22 | $370M | $70M | 46.4% | 25.2% | -$9M | $33M | $643M |
| Dec '21 | $364M | $65M | 45.5% | 23.3% | $55M | $34M | $709M |
| Sep '21 | $379M | $75M | 49.0% | 26.9% | $62M | $35M | $795M |
| Jun '21 | $372M | $70M | 48.6% | 24.8% | $89M | $36M | $754M |
How the market has priced IPGP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Ipg Photonics Corp's revenue has declined 3.5% per year, and net income declined 27.9% per year. These are computed facts, not advice.
As of FY2025, Ipg Photonics Corp reported — of total debt against $404M of cash.
In FY2025, gross margin was 38.0%, operating margin 1.3%, and net margin 3.1%.
As of Jun '26, Ipg Photonics Corp traded at a price-to-earnings ratio of about 150.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.