IPGPNasdaqSemiconductors & Related DevicesFiscal year ends December 31

IPG PHOTONICS CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$72.48+1.47 (+2.07%)

Close on Oct 19, 2026

Market cap: $3.11B
P/E (TTM): 111.5
Dividend yield: –

IPG PHOTONICS CORP balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Cash & Equivalents	404	620	515	698	709	879	683	544	910	624	583	522	449	384	180	148	83	51
Short-Term Investments	436	310	663	479	805	515	503	500	206	207	107	0	–	–	25	–	–	–
Cash & Short-Term Investments	839	930	1,177	1,178	1,515	1,393	1,186	1,045	1,116	831	689	522	449	384	206	148	83	51
Receivables	182	171	219	211	262	264	238	256	237	156	150	143	104	97	76	55	–	–
Inventory	313	285	454	509	461	365	381	404	308	239	204	171	173	140	117	72	–	–
Prepaid Expenses & Other	46	27	38	47	73	58	56	58	48	41	26	21	31	19	12	14	–	–
Total Current Assets	1,423	1,431	1,915	1,986	2,348	2,148	1,897	1,805	1,754	1,301	1,103	894	786	665	434	301	–	–
Property, Plant & Equipment	638	588	602	581	635	598	601	543	460	379	289	275	252	211	155	121	–	–
Gross Property, Plant & Equipment	1,274	1,163	1,156	1,089	1,183	1,085	1,010	879	744	607	475	439	404	337	262	214	–	–
Accumulated Depreciation	-636	-574	-554	-508	-547	-488	-409	-336	-284	-227	-187	-164	-151	-127	-107	-94	–	–
Long-Term Investments	77	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Right-of-Use Assets	17	15	14	16	22	22	23	–	–	–	–	–	–	–	–	–	–	–
Goodwill	72	67	39	38	39	41	82	101	56	20	0.51	0.46	0.46	2.90	0	–	–	–
Intangible Assets	50	55	26	34	53	62	74	87	51	29	12	9.23	9.56	7.51	6.16	7.13	–	–
Deferred Tax Assets	124	115	89	75	48	43	31	19	27	42	30	5.44	4.80	2.11	4.83	4.49	–	–
Other Long-Term Assets	41	32	28	29	49	43	45	19	19	19	20	27	7.81	7.46	7.49	8.75	–	–
Total Assets	2,424	2,289	2,699	2,743	3,171	2,936	2,730	2,574	2,367	1,790	1,453	1,211	1,061	895	608	442	–	–
Accounts Payable	39	35	29	46	56	26	27	36	35	28	26	17	19	18	11	9.51	–	–
Accrued Expenses	185	152	181	203	231	177	150	155	144	102	76	64	59	51	47	50	–	–
Current Portion of Long-Term Debt	–	–	0	16	18	3.81	3.74	3.67	3.60	3.19	2.00	13	1.33	1.51	1.61	1.33	–	–
Current Debt	–	–	0	16	18	3.81	3.74	3.67	3.60	3.19	2.00	13	1.33	1.51	1.61	1.33	–	–
Current Portion of Leases	5.07	4.84	4.60	5.23	5.45	5.78	5.30	0	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	9.90	18	4.89	9.62	8.64	8.28	11	51	16	25	38	22	15	42	21	12	–	–
Deferred Revenue (Current)	66	56	69	80	90	71	60	53	47	–	–	–	–	–	–	–	–	–
Total Current Liabilities	234	205	215	275	313	215	192	246	199	158	142	122	100	125	94	83	–	–
Long-Term Debt	–	–	–	0	16	34	38	42	45	38	18	20	11	14	16	16	–	–
Long-Term Leases	12	13	14	17	19	18	20	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	17	18	18	22	24	24	26	0	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	9.40	14	1.51	1.47	1.63	–	–	–	21	–	–	–	–	–	–	–	–	–
Other Long-Term Liabilities	–	–	–	–	–	–	–	–	–	36	33	23	22	13	8.96	1.74	–	–
Total Liabilities	296	265	284	358	423	342	328	368	345	232	193	164	133	153	118	100	–	–
Total Debt	–	–	0	16	34	38	42	45	49	41	20	33	13	16	17	17	–	–
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	–	–
Additional Paid-In Capital	1,077	1,035	994	951	908	854	786	745	705	651	608	568	539	511	333	310	–	–
Retained Earnings	2,645	2,614	2,795	2,577	2,467	2,188	2,029	1,849	1,444	1,094	833	591	391	235	123	5.57	–	–
Treasury Stock	-1,556	-1,505	-1,162	-938	-439	-304	-266	-225	-49	-8.95	0	–	–	–	–	–	–	–
Comprehensive Income & Other	-38	-119	-213	-205	-190	-146	-147	-163	-77	-179	-181	-112	-1.70	-3.09	-12	0.81	–	–
Shareholders' Equity	2,128	2,024	2,415	2,385	2,747	2,593	2,402	2,206	2,022	1,558	1,260	1,047	928	743	443	317	256	–
Noncontrolling Interest	–	–	–	0	0.64	1.29	0.72	0.69	0	0.17	1.14	0	–	–	0.29	0.20	–	–
Total Equity	2,128	2,024	2,415	2,385	2,747	2,594	2,402	2,206	2,022	1,558	1,261	1,047	928	743	444	317	257	–
Total Liabilities & Equity	2,424	2,289	2,699	2,743	3,171	2,936	2,730	2,574	2,367	1,790	1,453	1,211	1,061	895	608	442	–	–
Shares Outstanding(shares)	42	43	46	48	53	53	53	53	54	53	53	52	52	51	48	47	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 38.4%
Operating margin: 0.7%
Net margin: 2.6%
Return on equity, FY2025: 1.5%

Financial strength

Current ratio: 6.18
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 166.8%

Valuation

P/E ratio: 111.5
Price to sales: 2.91
Price to book: 1.46
Dividend yield: –