IPG Photonics Corp (IPGP) stock
IPGPNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 8/3093% above fair value
$70.81+1.32 (+1.90%)
Close on Nov 11, 2026Market cap $3.01BP/E 108.9Yield –
IPG Photonics gross margin
Gross margin is gross profit as a percentage of revenue.
IPG Photonics's gross margin for the twelve months ending Jun 30, 2026 was 38.4%. For fiscal 2025 it was 38.0%, against 34.6% the year before. The highest annual figure on record is 56.6% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 38.0% | +3.4 |
| FY2024 | Dec 31, 2024 | 34.6% | −7.5 |
| FY2023 | Dec 31, 2023 | 42.1% | +3.2 |
| FY2022 | Dec 31, 2022 | 38.9% | −8.8 |
| FY2021 | Dec 31, 2021 | 47.7% | +2.8 |
| FY2020 | Dec 31, 2020 | 44.9% | −1.2 |
| FY2019 | Dec 31, 2019 | 46.1% | −8.7 |
| FY2018 | Dec 31, 2018 | 54.8% | −1.7 |
| FY2017 | Dec 31, 2017 | 56.6% | +1.7 |
| FY2016 | Dec 31, 2016 | 54.9% | +0.3 |
| FY2015 | Dec 31, 2015 | 54.6% | +0.5 |
| FY2014 | Dec 31, 2014 | 54.1% | +1.7 |
| FY2013 | Dec 31, 2013 | 52.5% | −1.7 |
| FY2012 | Dec 31, 2012 | 54.2% | −0.0 |
| FY2011 | Dec 31, 2011 | 54.2% | +5.3 |
| FY2010 | Dec 31, 2010 | 48.9% | +14.4 |
| FY2009 | Dec 31, 2009 | 34.6% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 40.4% | +3.1 |
| Q1 FY2026 | Mar 31, 2026 | 37.5% | −2.0 |
| Q4 FY2025 | Dec 31, 2025 | 36.1% | −2.5 |
| Q3 FY2025 | Sep 30, 2025 | 39.5% | +16.3 |
| Q2 FY2025 | Jun 30, 2025 | 37.3% | −0.0 |
| Q1 FY2025 | Mar 31, 2025 | 39.4% | +0.7 |
| Q4 FY2024 | Dec 31, 2024 | 38.6% | +0.4 |
| Q3 FY2024 | Sep 30, 2024 | 23.2% | −20.9 |
| Q2 FY2024 | Jun 30, 2024 | 37.3% | −6.1 |
| Q1 FY2024 | Mar 31, 2024 | 38.7% | −3.6 |
| Q4 FY2023 | Dec 31, 2023 | 38.2% | +20.0 |
| Q3 FY2023 | Sep 30, 2023 | 44.1% | +1.0 |
| Q2 FY2023 | Jun 30, 2023 | 43.4% | −2.3 |
| Q1 FY2023 | Mar 31, 2023 | 42.3% | −4.1 |
| Q4 FY2022 | Dec 31, 2022 | 18.2% | −27.3 |
| Q3 FY2022 | Sep 30, 2022 | 43.1% | −5.9 |
| Q2 FY2022 | Jun 30, 2022 | 45.7% | −2.9 |
| Q1 FY2022 | Mar 31, 2022 | 46.4% | −1.0 |
| Q4 FY2021 | Dec 31, 2021 | 45.5% | +1.9 |
| Q3 FY2021 | Sep 30, 2021 | 49.0% | +1.0 |
| Q2 FY2021 | Jun 30, 2021 | 48.6% | +2.5 |
| Q1 FY2021 | Mar 31, 2021 | 47.5% | +6.2 |
| Q4 FY2020 | Dec 31, 2020 | 43.6% | +3.1 |
| Q3 FY2020 | Sep 30, 2020 | 48.0% | +1.5 |
| Q2 FY2020 | Jun 30, 2020 | 46.0% | −3.5 |
| Q1 FY2020 | Mar 31, 2020 | 41.3% | −6.0 |
| Q4 FY2019 | Dec 31, 2019 | 40.5% | −10.0 |
| Q3 FY2019 | Sep 30, 2019 | 46.4% | −8.3 |
| Q2 FY2019 | Jun 30, 2019 | 49.5% | −7.3 |
| Q1 FY2019 | Mar 31, 2019 | 47.3% | −9.2 |
| Q4 FY2018 | Dec 31, 2018 | 50.5% | −7.3 |
| Q3 FY2018 | Sep 30, 2018 | 54.8% | −2.4 |
| Q2 FY2018 | Jun 30, 2018 | 56.8% | +1.0 |
| Q1 FY2018 | Mar 31, 2018 | 56.5% | +1.5 |
| Q4 FY2017 | Dec 31, 2017 | 57.8% | +2.4 |
| Q3 FY2017 | Sep 30, 2017 | 57.2% | +2.8 |
| Q2 FY2017 | Jun 30, 2017 | 55.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 55.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 55.5% | – |
| Q3 FY2016 | Sep 30, 2016 | 54.4% | – |
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