What is IPG Photonics's total revenue?

IPG Photonics (IPGP) reported total revenue of $265.5M in Q1 2026.

How has IPG Photonics's total revenue changed year-over-year?

IPG Photonics's total revenue increased by 16.6% year-over-year, from $227.79M to $265.5M.

What is the long-term trend for IPG Photonics's total revenue?

Over 4 years (2021 to 2025), IPG Photonics's total revenue has grown at a -9.0% compound annual growth rate (CAGR), from $1.46B to $1B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

IPG Photonics IPGP Total Revenue

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Segments

By product

See full

Industrial Solutions$227.59M—

Lasers and Components$213.65M—

Medium Power CW Lasers$88.18M+38.5%

Systems$51.85M—

Advanced Solutions$37.91M—

By geography

See full

China$64.88M—

Germany$20.81M—

Japan$10.22M—

By segment

See full

Reportable Segment$265.5M+16.6%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$5.5M-141%

CapEx$16.3M-34.3%

Free cash flow-$21.8M-91.5%

Valuation

See full

Market cap$5.01B+80.0%

Enterprise value$4.54B+86.8%

P/E173.2×—

P/S4.8×+1.9×

Profitability

See full

Gross margin37.6%+2.9pp

Operating margin0.3%+0.2pp

Net margin2.8%+1.5pp

FCF margin6.8%-10.9pp

Returns & leverage

See full

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 revenue?: IPG Photonics (IPGP) reported total revenue of $265.5M in Q1 2026.
How has IPG Photonics's total revenue changed year-over-year?: IPG Photonics's total revenue increased by 16.6% year-over-year, from $227.79M to $265.5M.
What is the long-term trend for IPG Photonics's total revenue?: Over 4 years (2021 to 2025), IPG Photonics's total revenue has grown at a -9.0% compound annual growth rate (CAGR), from $1.46B to $1B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.