What is IPG Photonics's change in inventories?

IPG Photonics (IPGP) reported change in inventories of $19.42M in Q1 2026.

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

IPG Photonics's change in inventories increased by 116.5% year-over-year, from $8.97M to $19.42M.

What is the long-term trend for IPG Photonics's change in inventories?

Over 4 years (2021 to 2025), IPG Photonics's change in inventories has grown at a -22.9% compound annual growth rate (CAGR), from $149.75M to $52.92M.

What does change in inventories mean?

Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.

IPG Photonics IPGP Change in Inventories

Change in Inventories at other companies

CoherentCOHR

$278.05M+803%

MKS InstrumentsMKSI

$49M+308%

Lumentum Holdings Inc.LITE

$62.7M+203%

FabrinetFN

$76.33M+81.0%

MACOM Technology SolutionsMTSI

$13.33M+28.8%

Veeco InstrumentsVECO

$6.93M-5.2%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$5.5M-141%

CapEx$16.3M-34.3%

Free cash flow-$21.8M-91.5%

Valuation

See full

Market cap$5.01B+80.0%

Profitability

See full

Gross margin37.6%+2.9pp

Operating margin0.3%+0.2pp

Net margin2.8%+1.5pp

FCF margin6.8%-10.9pp

Returns & leverage

See full

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:IncreaseDecreaseInInventories.

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

Ask your AI about IPG Photonics's change in inventories.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is IPG Photonics's change in inventories?: IPG Photonics (IPGP) reported change in inventories of $19.42M in Q1 2026.
How has IPG Photonics's change in inventories changed year-over-year?: IPG Photonics's change in inventories increased by 116.5% year-over-year, from $8.97M to $19.42M.
What is the long-term trend for IPG Photonics's change in inventories?: Over 4 years (2021 to 2025), IPG Photonics's change in inventories has grown at a -22.9% compound annual growth rate (CAGR), from $149.75M to $52.92M.
What does change in inventories mean?: Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.