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IPG Photonics IPGP Gross Profit

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Segments

By segment

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Reportable Segment$99.5M+10.8%

Other financials

Income statement

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Revenue$265.5M+16.6%
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$3.9B+21.1%
Enterprise value$3.44B+19.2%
P/E134.9×
P/S3.8×+0.3×

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×
Current ratio5.8×-1.5×

Where this comes from

Calculated from IPG Photonics’s reported figures.

The source filing: IPG Photonics’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001111928-26-000098
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net sales$265,497$227,793
Cost of sales165,998137,981
Gross profit99,49989,812
Operating expenses:
Sales and marketing24,53424,430
Research and development33,30928,336
General and administrative36,09232,808
Settlement of litigation matters13,500

ITEM 1. UNAUDITED INTERIM FINANCIAL STATEMENTS

FAQ

What is IPG Photonics's gross profit?
IPG Photonics (IPGP) reported gross profit of $99.5M in Q1 2026.
How has IPG Photonics's gross profit changed year-over-year?
IPG Photonics's gross profit increased by 10.8% year-over-year, from $89.81M to $99.5M.
What is the long-term trend for IPG Photonics's gross profit?
Over 4 years (2021 to 2025), IPG Photonics's gross profit has grown at a -14.0% compound annual growth rate (CAGR), from $696.4M to $381.46M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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