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 revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Materials processing | $860.19M | $857.34M | $1.15B | $1.29B | $1.33B | $1.08B | $1.23B | $1.37B | $1.33B | $942.12M | 85.7% | +0.3% |
| "High Power Continuous Wave (""CW"") Lasers" | $308.83M | $332.74M | $524.98M | $613.73M | $687.41M | $646.06M | $734.75M | $909.73M | – | – | 30.8% | -7.2% |
| Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories | $264.51M | $246.79M | $295.38M | – | – | – | – | – | – | – | 26.4% | +7.2% |
| Laser and Non-Laser Systems | $147.24M | $139.15M | $161.18M | $153.47M | $126.64M | $93.73M | $141.65M | $59.33M | – | – | 14.7% | +5.8% |
| Other applications | $143.59M | $119.80M | $134.64M | $138.29M | $135.46M | $118.25M | $85.37M | $85.43M | $76.28M | $64.05M | 14.3% | +19.9% |
| Pulsed Lasers | $143.25M | $146.76M | $185.58M | $250.68M | $240.98M | $158.45M | $137.68M | $162.05M | – | – | 14.3% | -2.4% |
| Medium Power CW Lasers | $88.18M | $63.69M | $71.67M | $77.08M | $80.50M | $50.80M | $56.63M | $95.76M | – | – | 8.8% | +38.5% |
| "Quasi-Continuous Wave (""QCW"") Lasers" | $51.77M | $48.02M | $48.65M | $50.21M | $60.67M | $50.33M | $56.44M | $66.70M | – | – | 5.2% | +7.8% |
| Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue | – | $246.79M | $295.38M | $284.37M | $264.67M | $201.36M | $187.45M | $166.31M | – | – | – | – |
| Medium Power CW Lasers | – | – | – | – | – | – | – | $95.76M | – | – | – | – |
| Pulsed Lasers | – | – | – | – | – | – | – | $162.05M | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Asia | $480.08M | $420.58M | $570.03M | – | – | – | – | – | – | – | 47.8% | +14.1% |
| China | $291.91M | $245.00M | $355.32M | $479.93M | $548.35M | $502.28M | $491.89M | $629.08M | $621.28M | $358.48M | 29.1% | +19.1% |
| North America | $267.18M | $258.89M | $313.99M | $338.71M | $314.98M | $246.19M | $280.89M | $202.74M | – | – | 26.6% | +3.2% |
| Total Europe | $243.70M | $284.95M | $379.36M | – | – | – | – | – | $290.07M | $224.84M | 24.3% | -14.5% |
| Other | $138.54M | $197.15M | $291.34M | $294.48M | $289.14M | $219.54M | $249.87M | $296.92M | – | – | 13.8% | -29.7% |
| Other | $121.81M | $113.23M | $142.38M | $152.37M | $139.15M | $103.79M | $121.59M | $127.25M | – | – | 12.1% | +7.6% |
| Germany | $105.16M | $87.80M | $88.03M | $85.49M | $101.74M | $65.65M | $81.37M | $111.26M | $114.61M | $90.89M | 10.5% | +19.8% |
| Japan | $66.37M | $62.35M | $72.33M | $57.87M | $54.08M | $53.18M | $71.76M | $87.62M | $80.61M | $88.59M | 6.6% | +6.4% |
| Rest of World | $12.81M | $12.71M | $24.06M | $20.70M | $13.43M | $10.11M | $17.23M | $5.01M | $5.45M | $2.14M | 1.3% | +0.8% |
| United States and other North America | – | – | – | – | – | – | – | – | $165.36M | $141.18M | – | – |
| Other | – | – | – | – | – | – | – | – | $131.51M | $100.05M | – | – |
From the segment and revenue-disaggregation notes of Ipg Photonics's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.