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IPG Photonics IPGP Quick ratio

Quick ratio at other companies

Coherent logo
CoherentCOHR
2×+0.5×
MKS Instruments logo
MKS InstrumentsMKSI
0.7×-1.3×
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
1×-2.6×
Fabrinet logo
FabrinetFN
1.8×-0.7×
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
5.8×+3.0×
Veeco Instruments logo
Veeco InstrumentsVECO
2.9×-0.2×

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

Calculated from IPG Photonics’s reported figures.

quick assets/total current liabilities=4.5×

Based on the most recent quarter.

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 quick ratio?
IPG Photonics (IPGP) reported quick ratio of 4.5× in Q1 2026.
How has IPG Photonics's quick ratio changed year-over-year?
IPG Photonics's quick ratio decreased by 23.2% year-over-year, from 5.9× to 4.5×.
What is the long-term trend for IPG Photonics's quick ratio?
Over 5 years (2020 to 2025), IPG Photonics's quick ratio has grown at a -10.6% compound annual growth rate (CAGR), from 8.3× to 4.7×.
What does quick ratio mean?
Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.