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IPG Photonics IPGP Operating Income

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Other financials

Income statement

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Revenue$265.5M+16.6%
Gross profit$99.5M+10.8%
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:OperatingIncomeLoss.

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
Settlement of litigation matters13,500
(Gain) loss on foreign exchange(200)2,411
Total operating expenses107,23587,985
Operating (loss) income(7,736)1,827
Other income, net:
Interest income, net6,9227,444
Other income, net1,8331,344
Total other income8,7558,788

ITEM 1. UNAUDITED INTERIM FINANCIAL STATEMENTS

FAQ

What is IPG Photonics's operating income?
IPG Photonics (IPGP) reported operating income of -$7.74M in Q1 2026.
How has IPG Photonics's operating income changed year-over-year?
IPG Photonics's operating income decreased by 523.4% year-over-year, from $1.83M to -$7.74M.
What is the long-term trend for IPG Photonics's operating income?
Over 3 years (2021 to 2025), IPG Photonics's operating income has grown at a -67.1% compound annual growth rate (CAGR), from $367.88M to $13.1M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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