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IPG Photonics IPGP Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

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$12.9M-2.8%

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$3.84B+13.3%
Enterprise value$3.37B+10.6%
P/E132.7×
P/S3.7×+0.1×

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:ProductWarrantyAccrual.

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
Balance, beginning of period$31,464$34,352
Provision for warranty accrual4,2891,742
Warranty claims(4,087)(3,779)
Foreign currency translation(389)801
Balance, end of period$31,277$33,116

ITEM 1. UNAUDITED INTERIM FINANCIAL STATEMENTS

FAQ

What is IPG Photonics's standard product warranty accrual?
IPG Photonics (IPGP) reported standard product warranty accrual of $31.28M in Q1 2026.
How has IPG Photonics's standard product warranty accrual changed year-over-year?
IPG Photonics's standard product warranty accrual decreased by 5.6% year-over-year, from $33.12M to $31.28M.
What is the long-term trend for IPG Photonics's standard product warranty accrual?
Over 5 years (2020 to 2025), IPG Photonics's standard product warranty accrual has grown at a -7.2% compound annual growth rate (CAGR), from $45.67M to $31.46M.

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