IPGPNasdaqSEC EDGAREDGAR

IPG PHOTONICS CORP

Semiconductors & Related Devices·MARLBOROUGH, MA·FY end 12/31·CIK 1111928

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$1.0B$977.1M$1.3B$1.4B$1.5B
Gross Profit$381.5M$338.2M$541.7M$555.4M$696.4M
Operating Income$13.1M-$208.3M$232.0M$169.5M$367.9M
Net Income$31.1M-$181.5M$218.9M$109.9M$278.4M
Operating CF$75.3M$247.9M$296.0M$212.6M$389.7M
Capex$78.8M$98.5M$110.5M$110.1M$123.1M
Free Cash Flow-$3.5M$149.4M$185.5M$102.5M$266.6M
Buybacks$53.1M$343.8M$223.5M$499.5M$134.9M
Dividends
Gross Margin38.0%34.6%42.1%38.9%47.7%
Operating Margin1.3%-21.3%18.0%11.9%25.2%
Net Margin3.1%-18.6%17.0%7.7%19.1%
FCF Margin-0.3%15.3%14.4%7.2%18.2%
R&D / Revenue11.7%11.2%7.7%8.1%9.6%
Effective Tax31.0%-12.1%20.4%39.6%24.2%
Debt / Equity0.010.02
Buybacks / FCF-1538.3%230.2%120.5%487.3%50.6%

Peer comparison

Semiconductors & Related Devices · 5 peers
CEO Pay Ratio
IPGP
162:1
AVGO
543:1
NVDA
166:1
MRVL
188:1
ADI
534:1
SWKS
CEO total comp
IPGP
$9M
AVGO
$205M
NVDA
$50M
MRVL
$32M
ADI
$27M
SWKS
$25M
Net Margin
IPGP
3.1%
AVGO
NVDA
55.6%
MRVL
32.6%
ADI
20.6%
SWKS
11.7%