What is IPG Photonics's PP&E (net)?

IPG Photonics (IPGP) reported PP&E (net) of $636.24M in Q1 2026.

How has IPG Photonics's PP&E (net) changed year-over-year?

IPG Photonics's PP&E (net) increased by 5.5% year-over-year, from $603.27M to $636.24M.

What is the long-term trend for IPG Photonics's PP&E (net)?

Over 5 years (2020 to 2025), IPG Photonics's PP&E (net) has grown at a 1.3% compound annual growth rate (CAGR), from $597.53M to $637.52M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

IPG Photonics IPGP PP&E (Net)

PP&E (Net) at other companies

MKS InstrumentsMKSI

$795M+2.7%

FabrinetFN

$524.97M+48.1%

MACOM Technology SolutionsMTSI

$234.96M+31.6%

Veeco InstrumentsVECO

$107.82M-5.2%

UCT

Ultra Clean HoldingsUCTT

$319.4M-2.8%

CoherentCOHR

——

Segments

By geography

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United States$375.76M—

Germany$167.87M—

Canada$13.52M—

Japan$11.92M—

Italy$9.54M—

Poland$8.7M—

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 / equity0×0.0×

Current ratio5.8×-1.5×

Where this comes from

Reported directly by IPG Photonics in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: IPG Photonics (IPGP) reported PP&E (net) of $636.24M in Q1 2026.
How has IPG Photonics's PP&E (net) changed year-over-year?: IPG Photonics's PP&E (net) increased by 5.5% year-over-year, from $603.27M to $636.24M.
What is the long-term trend for IPG Photonics's PP&E (net)?: Over 5 years (2020 to 2025), IPG Photonics's PP&E (net) has grown at a 1.3% compound annual growth rate (CAGR), from $597.53M to $637.52M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.