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Companies/IPG Photonics Corporation
Company profile

IPG Photonics Corporation

NASDAQ: IPGP · Technology · Semiconductors
PublicHQ Marlborough, MA · MiddlesexCIK 0001111928Reports USD
#215 of 1,109 Technology companies by revenue45th-percentile growth
EA Score
74B
FH 76DQ 83GM 46SS 78
v0.1 · 65/100 weight · provisional
↑ balance-sheet leverage, Altman-Z · ↓ 3-yr revenue growth, revenue growth (YoY)
Methodology →
Revenue TTM
$1.0B
Rev growth YoY (TTM)
+9.3%
Net income (FY)
$31.1M
Employees
4,740
Market cap
$4.5B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$1.0B$1.0B2025
Net income$31.1M$31.1M2025
Operating income$13.1M$13.1M2025
Total assets$2.4B$2.4B2025
Liabilities$296.1M$296.1M2025
Equity$2.1B$2.1B2025

Revenue trend

FY2020 – FY2025 · USD
$296.4M
FY20
$318.4M
FY20
$1.2B
FY20
$1.5B
FY21
$1.4B
FY22
$1.3B
FY23
$977.1M
FY24
$1.0B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
High Power Continuous Wave CW Lasers42%
Laser And Non-Laser Systems20%
Pulsed Lasers19%
Medium And Low Power CW Lasers12%
Quasi-Continuous Wave QCW Lasers7%
By geography
Asia28%
CHINA17%
North America15%
Europe14%
Other European Geographical Areas8%
Other Asian Geographical Areas7%
The read

IPG Photonics Corporation booked $1.0B in FY2025 revenue, growing 2.7% year over year — about the middle of the pack among Technology companies we track, at a 3.1% net margin.

Peers · Technology
Belden Inc.74BAxcelis Technologies, Inc.73BWaystar Holding Corp.65BStubHub Holdings, Inc.32D
Neighbors
Middlesex →
GE Vernova Inc.$38.1B63CThermo Fisher Scientific Inc.$44.6B86AAnalog Devices, Inc.$11.0B87AThe TJX Companies, Inc.$60.4B85ABoston Scientific Corporation$20.1B88AAlnylam Pharmaceuticals, Inc.$3.7B79B+
Key facts
CEOMark Milton Gitin
SectorTechnology
IndustrySemiconductors
HeadquartersMarlborough, MA
ExchangeNASDAQ: IPGP
Employees4,740
IPO date2006-12-13
Latest filings
8-K2026-05-158-K2026-05-0510-Q2026-05-05DEF 14A2026-04-018-K2026-03-168-K2026-02-2510-K2026-02-238-K2026-02-12
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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