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.

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$5.01B+80.0%

Enterprise value$4.54B+86.8%

P/E173.2×—

P/S4.8×+1.9×

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

See full

Return on equity1.4%+0.7pp

Debt / equity0×0.0×

Current ratio5.8×-1.5×

Where this comes from

Calculated from IPG Photonics’s reported figures.

$265.5Mtotal revenue−$166.0Mtotal cost of revenue=$99.5M

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 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.