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IPG Photonics IPGP Excise tax on net share repurchases accrued in period

Excise tax on net share repurchases accrued in period at other companies

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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%
Enterprise value$4.54B+86.8%
P/E173.2×
P/S4.8×+1.9×

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 ipgp:ChangeInExciseTaxIncurredButNotYetPaid.

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 excise tax on net share repurchases accrued in period?
IPG Photonics (IPGP) reported excise tax on net share repurchases accrued in period of $0 in Q1 2026.
How has IPG Photonics's excise tax on net share repurchases accrued in period changed year-over-year?
IPG Photonics's excise tax on net share repurchases accrued in period increased by 100.0% year-over-year, from -$105K to $0.
What does excise tax on net share repurchases accrued in period mean?
Reflects the accrual of excise taxes related to share repurchase activities that have been recognized but not yet settled in cash. This provides visibility into the timing differences between the tax liability incurred from capital return programs and the actual cash impact.