What are IPG Photonics's profit margins?

Gross margin is 37.6% and operating margin is 0.3%, with a 2.8% net margin.

Where does IPG Photonics's income statement data come from?

Every line is extracted from IPG Photonics's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

IPG Photonics IPGP Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$1.04B+9.3%	$1B+2.7%	$963.64M-7.5%	$945.99M-14.8%	$952.92M-20.1%
Total cost of revenue	$650.33M+4.5%	$622.31M-2.6%	$590.91M-13.1%	$618.18M-7.6%	$622.49M-11.1%
Gross profit	$391.15M+18.4%	$381.46M+12.8%	$372.73M+3.0%	$327.82M-25.6%	$330.43M-32.9%
Gross margin	37.6%+2.9pp	38%+3.4pp	38.7%+3.9pp	34.7%-5.1pp	34.7%-6.6pp
Research and development	$122.38M+12.5%	$117.4M+6.9%	$114.37M+2.3%	$111.19M+1.7%	$108.74M+3.3%
Selling and marketing	$97.97M+7.6%	$97.86M+9.2%	$95.62M+6.4%	$94.08M+4.7%	$91.01M+3.9%
General and administrative	$146.42M+16.2%	$143.14M+15.1%	$131.68M+1.0%	$129.24M+0.4%	$125.96M-0.6%
Total operating expenses	$387.61M-30.3%	$368.36M-32.6%	$349M-37.2%	$565.28M+73.8%	$555.96M+75.6%
Operating income	$3.54M+101%	$13.1M+106%	$9.79M+105%	-$251.42M-317%	-$239.48M-236%
Operating margin	0.3%+25.5pp	1.3%+24.0pp	1%+19.6pp	-26.6%-37.0pp	-25.1%-39.9pp
Interest expense	$29.34M-24.3%	$29.86M-34.3%	$30.14M-41.4%	$33.96M-34.6%	$38.73M-19.9%
Other income (expense), net	$31.96M-21.4%	$31.99M-31.0%	$32.81M-36.5%	$35.85M-32.3%	$40.65M-17.9%
Income before income taxes	$35.5M—	$45.1M—	——	——	——
Income tax expense	——	——	$30.91M+401%	$13.8M-50.6%	$16.99M-59.9%
Net income	$28.92M+114%	$31.1M+116%	$17.83M+112%	-$223.23M-259%	-$209.68M-215%
Net margin	2.8%+24.8pp	3.1%+22.5pp	1.8%+16.0pp	-23.6%-36.3pp	-22%-37.3pp
Diluted earnings per share	$0.69+114%	$0.74+117%	$0.43+112%	-$5.08-268%	-$4.79-223%
EBITDA	$70.95M+140%	$79.96M+150%	$71.41M+155%	-$190.31M-205%	-$178.91M-173%
EBITDA margin	6.8%+25.6pp	8%+24.4pp	7.4%+19.9pp	-20.1%-36.5pp	-18.8%-39.2pp
EBIT	$3.54M+101%	$13.1M+106%	$9.79M+105%	-$251.42M-317%	-$239.48M-236%

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Questions, answered.

What are IPG Photonics's profit margins?: Gross margin is 37.6% and operating margin is 0.3%, with a 2.8% net margin.
Where does IPG Photonics's income statement data come from?: Every line is extracted from IPG Photonics's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.