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IPG Photonics IPGP China — Total

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$20.81M
Japan
$10.22M

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PKOHEurope — Total
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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$3.9B+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

Reported directly by IPG Photonics in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Other36,00032,166
Total Europe59,01956,869
Asia:
China83,79567,858
Japan14,35411,663
Other30,33833,175
Total Asia128,487112,696
Rest of World6,4681,856

ITEM 1. UNAUDITED INTERIM FINANCIAL STATEMENTS

FAQ

What is IPG Photonics's china — total?
IPG Photonics (IPGP) reported china — total of $83.8M in Q1 2026.
How has IPG Photonics's china — total changed year-over-year?
IPG Photonics's china — total increased by 23.5% year-over-year, from $67.86M to $83.8M.
What is the long-term trend for IPG Photonics's china — total?
Over 4 years (2021 to 2025), IPG Photonics's china — total has grown at a -14.6% compound annual growth rate (CAGR), from $548.35M to $291.91M.
What does china — total mean?
This metric represents the total net sales generated from customers located within the China geographic region. It serves as a key indicator of the company's market penetration and demand for its products in this specific industrial landscape. Monitoring this figure helps investors assess regional revenue concentration and exposure to local economic cycles.

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