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IPG Photonics IPGP Unrecognized Tax Benefits

Unrecognized Tax Benefits at other companies

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$5.8M+142%
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$18.59M+8.8%
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$111M-21.3%
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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×
Current ratio5.8×-1.5×

Where this comes from

Reported directly by IPG Photonics in its filing.

Tagged under the XBRL concept us-gaap:UnrecognizedTaxBenefits.

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 unrecognized tax benefits?
IPG Photonics (IPGP) reported unrecognized tax benefits of $15.33M in Q1 2026.
How has IPG Photonics's unrecognized tax benefits changed year-over-year?
IPG Photonics's unrecognized tax benefits increased by 11.8% year-over-year, from $13.72M to $15.33M.
What is the long-term trend for IPG Photonics's unrecognized tax benefits?
Over 5 years (2020 to 2025), IPG Photonics's unrecognized tax benefits has grown at a 0.5% compound annual growth rate (CAGR), from $14.71M to $15.11M.
What does unrecognized tax benefits mean?
This represents the amount of tax benefits from uncertain tax positions that have not been recognized in the financial statements because they do not meet the 'more-likely-than-not' threshold. It reflects the company's exposure to potential tax audits and disputes with tax authorities. This is a key indicator of tax-related legal and financial risk.