What is IPG Photonics's change in income taxes?

IPG Photonics (IPGP) reported change in income taxes of -$13.34M in Q1 2026.

How has IPG Photonics's change in income taxes changed year-over-year?

IPG Photonics's change in income taxes decreased by 14.2% year-over-year, from -$11.69M to -$13.34M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

IPG Photonics IPGP Change in Income Taxes

Change in Income Taxes at other companies

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Other financials

Income statement

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Revenue$265.5M+16.6%

Gross profit$99.5M+10.8%

Operating income-$7.7M-523%

Net income$1.6M-57.8%

EPS (diluted)$0.04-55.6%

Balance sheet

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Cash & equivalents$480.8M+32.4%

Total debt$16.3M0.0%

Total equity$2.1B+2.7%

Total assets$2.4B+4.5%

Cash flow

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Operating cash flow-$5.5M-141%

CapEx$16.3M-34.3%

Free cash flow-$21.8M-91.5%

Valuation

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Market cap$5.01B+80.0%

Profitability

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Gross margin37.6%+2.9pp

Operating margin0.3%+0.2pp

Net margin2.8%+1.5pp

FCF margin6.8%-10.9pp

Returns & leverage

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Return on equity1.4%+0.7pp

Debt / equity0×0.0×

Current ratio5.8×-1.5×

Where this comes from

Reported directly by IPG Photonics in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: IPG Photonics’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IPG Photonics's change in income taxes?: IPG Photonics (IPGP) reported change in income taxes of -$13.34M in Q1 2026.
How has IPG Photonics's change in income taxes changed year-over-year?: IPG Photonics's change in income taxes decreased by 14.2% year-over-year, from -$11.69M to -$13.34M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.