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IPG Photonics IPGP Reportable Segment — Provision (benefit) for income taxes

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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$5.01B+80.0%

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:IncomeTaxExpenseBenefit.

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 reportable segment — provision (benefit) for income taxes?
IPG Photonics (IPGP) reported reportable segment — provision (benefit) for income taxes of -$565K in Q1 2026.
How has IPG Photonics's reportable segment — provision (benefit) for income taxes changed year-over-year?
IPG Photonics's reportable segment — provision (benefit) for income taxes decreased by 108.2% year-over-year, from $6.86M to -$565K.
What is the long-term trend for IPG Photonics's reportable segment — provision (benefit) for income taxes?
Over 2 years (2022 to 2024), IPG Photonics's reportable segment — provision (benefit) for income taxes has grown at a -48.0% compound annual growth rate (CAGR), from $72.59M to $19.64M.
What does reportable segment — provision (benefit) for income taxes mean?
This metric represents the total income tax expense or benefit allocated to a specific reportable business segment. It reflects the tax burden associated with the segment's operational earnings, adjusted for regional tax jurisdictions and applicable tax credits. Monitoring this helps investors understand the effective tax rate impact of specific business units on overall corporate profitability.