IPG PHOTONICS CORP (IPGP)

113.51 -0.43 (-0.38%)

As of 2026-04-02 18:47:48 EST

IPG Photonics Corporation is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

Traded asNasdaq: IPGP
ISINUS44980X1090
CIK0001111928
LEI5493002KZ51CADQ94G15
EIN043444218
SectorPhotonics
IndustrySemiconductors & Related Devices
CEOMark M. Gitin
Employees4,840
Fiscal Year End1231
Address377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752
Phone5083731100
Websitehttps://ipgphotonics.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
IPGPIPG PHOTONICS CORP2026-04-02 18:47:48113.51-0.43-0.38
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
IPGP0001111928IPG PHOTONICS CORPUS44980X10905493002KZ51CADQ94G15043444218Nasdaq3674Semiconductors & Related Devices1231DE377 SIMARANO DRIVEMARLBOROUGHMA01752UNITED STATESUS5083731100377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752Photonics1990Mark M. Gitin4,840https://ipgphotonics.com/1,800,000,00056,964,93942,191,353IPG Photonics Corporation is an American manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.2026-04-02 16:26:18
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IPGP Stock Price (End-of-Day)
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IPGP Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20251,800,000,000-500,000,000-21.739142,191,353-357,208-0.8395
20242,300,000,000-1,800,000,000-43.902442,548,561-3,019,636-6.6266
20234,100,000,0001,700,000,00070.833345,568,197-2,058,946-4.3231
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Trevor NessChief Revenue Officer, Senior Vice President2025520,26901,677,700440,10010,3502,648,419
Angelo LoprestiGeneral Counsel, Secretary, Senior Vice President2025504,17301,635,008425,00010,5002,574,681
Mark GitinChief Executive Officer2025879,42306,999,9901,159,60032,4779,071,490
Timothy MammenSenior Vice President, Chief Financial Officer2025559,41901,999,924472,70011,5643,043,607
Paulus BucherSenior Vice President2025226,5900629,926325,28801,181,804
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Employee Count
Fiscal YearEmployee Count
20254,840
20244,740
20236,180
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Income Statements
Fiscal Year202520242023
Revenue977,134,0001,287,439,000
Cost Of Revenue638,979,000745,741,000
Gross Profit338,155,000541,698,000
Research And Development Expenses109,783,00098,704,000
General And Administrative Expenses124,313,000125,749,000
Operating Expenses546,409,000309,725,000
Operating Income-208,254,000231,973,000
Net Income-181,526,000218,878,000
Earnings Per Share Basic-4.094.64
Earnings Per Share Diluted-4.094.63
Weighted Average Shares Outstanding Basic44,336,00047,154,000
Weighted Average Shares Outstanding Diluted44,336,00047,320,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents620,040,000514,674,000
Marketable Securities Current310,152,000662,807,000
Accounts Receivable171,131,000219,053,000
Inventories284,780,000453,874,000
Non Trade Receivables17,592,00026,038,000
Other Assets Current
Total Assets Current1,430,995,0001,914,654,000
Marketable Securities Non Current
Property Plant And Equipment588,375,000602,257,000
Other Assets Non Current32,246,00028,425,000
Total Assets Non Current604,800,000613,732,000
Total Assets2,289,264,0002,698,898,000
Accounts Payable35,385,00028,618,000
Deferred Revenue56,454,00069,219,000
Short Term Debt0
Other Liabilities Current152,048,000181,350,000
Total Liabilities Current205,019,000214,861,000
Long Term Debt
Other Liabilities Non Current13,855,00017,176,000
Total Liabilities Non Current59,774,00068,652,000
Total Liabilities264,793,000283,513,000
Common Stock6,0006,000
Retained Earnings2,613,868,0002,795,394,000
Accumulated Other Comprehensive Income-119,367,000-212,530,000
Total Shareholders Equity2,024,471,0002,415,385,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization61,443,00069,621,000
Share Based Compensation Expense37,070,00039,502,000
Other Non Cash Income Expense-3,962,000-5,194,000
Change In Accounts Receivable-46,827,00010,395,000
Change In Inventories-47,725,000-1,823,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable-1,526,000-16,319,000
Change In Other Liabilities-37,355,000-44,693,000
Cash From Operating Activities247,896,000295,986,000
Purchases Of Marketable Securities713,151,0001,232,863,000
Sales Of Marketable Securities1,083,464,0001,073,993,000
Acquisition Of Property Plant And Equipment98,524,000110,483,000
Acquisition Of Business66,738,0000
Other Investing Activities-427,000-558,000
Cash From Investing Activities208,732,000-237,554,000
Tax Withholding For Share Based Compensation
Payments Of Dividends
Issuance Of Common Stock
Repurchase Of Common Stock343,816,000223,496,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt016,031,000
Other Financing Activities3,147,000
Cash From Financing Activities-339,621,000-236,380,000
Change In Cash105,366,000-183,535,000
Cash At End Of Period620,040,000514,674,000
Income Taxes Paid40,632,00062,916,000
Interest Paid277,0001,284,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-4.094.64
Price To Earnings Ratio-17.7823.3922
Earnings Growth Rate-188.1466113.8249
Price Earnings To Growth Ratio0.09450.2055
Book Value Per Share45.66251.2233
Price To Book Ratio1.59262.119
Ebitda-79,451,000351,415,000
Enterprise Value
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio
Capital Expenditures47,561,00091,317,000
Free Cash Flow200,335,000204,669,000
Return On Equity-0.08970.0906
One Year Beta1.63261.55171.1267
Three Year Beta1.48741.2441.2069
Five Year Beta1.35061.10691.155
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Buttarazzi Mary E.VP, Corp Controller and CAO2026-03-17500D4,749
Samartsev IgorSVP, Chief Scientist2026-03-01836D10,449
SCHERBAKOV EUGENE ADirector, 10% owner2026-03-017,237D51,258
Buttarazzi Mary E.VP, Corp Controller and CAO2026-03-01435D5,249
Ness TrevorSVP, Chief Revenue Officer2026-03-013,402D38,425
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Thomas J. Rooney2018-09-14FL17Purchase2018-08-27$15,001 - $50,000
Lois Frankel2017-01-19FL22Sale2017-01-06$1,001 - $15,000
Lois Frankel2016-04-27FL22Purchase2016-03-18$1,001 - $15,000
Lamar Smith2015-05-08TX21Sale2015-04-07$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
GOLDMAN SACHS GROUP INC2025-12-313,218,77844,95571.6
HSBC HOLDINGS PLC2025-12-311,428,75719,79772.1704
Rockefeller Capital Management L.P.2025-12-3139,52355271.5996
Corient Private Wealth LLC2025-12-31209,0782,89072.3453
HSBC HOLDINGS PLC2025-12-311,428,75719,79772.1704
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
Direxion Shares ETF Trust2026-01-31Direxion Daily Mid Cap Bull 3X ETFMIDU42439,181.840.0514
Pacer Funds Trust2026-01-31Pacer Trendpilot US Mid Cap ETFPTMC2,952272,794.320.0703
INVESCO EXCHANGE-TRADED FUND TRUST2026-01-31Invesco BuyBack Achievers ETFPKW26,9352,489,063.350.1545
INVESCO EXCHANGE-TRADED FUND TRUST2026-01-31Invesco RAFI US 1500 Small-Mid ETFPRFZ40,2463,719,132.860.139
INVESCO EXCHANGE-TRADED FUND TRUST2026-01-31Invesco S&P MidCap Quality ETFXMHQ183,30016,938,7530.3222
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