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IPG Photonics IPGP Inventories

Inventories at other companies

Coherent logo
CoherentCOHR
$2.13B+52.8%
MKS Instruments logo
MKS InstrumentsMKSI
$1.03B+12.5%
nLIGHT, Inc. logo
nLIGHT, Inc.LASR
$48.23M-0.1%
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
$691.6M+30.1%
Laser Photonics Corporation logo
Laser Photonics CorporationLASE
$1.24M-37.8%
Syntec Optics Holdings, Inc. logo
Syntec Optics Holdings, Inc.OPTX
$8.15M-5.0%

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$3.61B+13.3%
Enterprise value$3.15B+10.6%
P/E124.8×
P/S3.5×+0.1×

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

Reported directly by IPG Photonics in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

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 itemMarch 31, 2026December 31, 2025
Cash and cash equivalents$480,761$403,790
Short-term investments332,144435,538
Accounts receivable, net192,437181,734
Inventories319,006313,416
Prepaid income taxes51,20343,196
Prepaid expenses and other current assets57,58745,766
Total current assets1,433,1381,423,440
Long-term investments70,56776,533

ITEM 1. UNAUDITED INTERIM FINANCIAL STATEMENTS

FAQ

What is IPG Photonics's inventories?
IPG Photonics (IPGP) reported inventories of $319.01M in Q1 2026.
How has IPG Photonics's inventories changed year-over-year?
IPG Photonics's inventories increased by 10.9% year-over-year, from $287.62M to $319.01M.
What is the long-term trend for IPG Photonics's inventories?
Over 5 years (2020 to 2025), IPG Photonics's inventories has grown at a -3.0% compound annual growth rate (CAGR), from $364.99M to $313.42M.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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