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Total debt at other companies

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Veeco InstrumentsVECO
$261.49M-9.0%
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Lumentum Holdings Inc.LITE
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MACOM Technology SolutionsMTSI

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 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

Computed from long term debt + current portion long term debt + short term borrowings + operating lease liabilities + finance lease liabilities + financing obligations: $16.31M.

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 total debt?
IPG Photonics (IPGP) reported total debt of $16.31M in Q1 2026.
How has IPG Photonics's total debt changed year-over-year?
IPG Photonics's total debt decreased by 0.0% year-over-year, from $16.32M to $16.31M.
What is the long-term trend for IPG Photonics's total debt?
Over 5 years (2020 to 2025), IPG Photonics's total debt has grown at a -22.6% compound annual growth rate (CAGR), from $62.19M to $17.25M.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.