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 operating margin
Operating margin is operating income as a percentage of revenue.
IPG Photonics's operating margin for the twelve months ending Jun 30, 2026 was 0.7%. For fiscal 2025 it was 1.3%, against -21.3% the year before. The highest annual figure on record is 39.1% in fiscal 2017.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1.3% | +22.6 |
| FY2024 | Dec 31, 2024 | -21.3% | −39.3 |
| FY2023 | Dec 31, 2023 | 18.0% | +6.2 |
| FY2022 | Dec 31, 2022 | 11.9% | −13.3 |
| FY2021 | Dec 31, 2021 | 25.2% | +8.6 |
| FY2020 | Dec 31, 2020 | 16.5% | −1.2 |
| FY2019 | Dec 31, 2019 | 17.8% | −18.1 |
| FY2018 | Dec 31, 2018 | 35.9% | −3.3 |
| FY2017 | Dec 31, 2017 | 39.1% | +2.9 |
| FY2016 | Dec 31, 2016 | 36.2% | −1.7 |
| FY2015 | Dec 31, 2015 | 38.0% | +1.1 |
| FY2014 | Dec 31, 2014 | 36.9% | +3.2 |
| FY2013 | Dec 31, 2013 | 33.7% | −3.5 |
| FY2012 | Dec 31, 2012 | 37.1% | +0.1 |
| FY2011 | Dec 31, 2011 | 37.0% | +10.1 |
| FY2010 | Dec 31, 2010 | 26.9% | +22.0 |
| FY2009 | Dec 31, 2009 | 4.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 1.6% | +1.6 |
| Q1 FY2026 | Mar 31, 2026 | -2.9% | −3.7 |
| Q4 FY2025 | Dec 31, 2025 | 1.2% | −4.7 |
| Q3 FY2025 | Sep 30, 2025 | 3.1% | +111.8 |
| Q2 FY2025 | Jun 30, 2025 | 0.0% | −4.6 |
| Q1 FY2025 | Mar 31, 2025 | 0.8% | −6.8 |
| Q4 FY2024 | Dec 31, 2024 | 6.0% | −3.7 |
| Q3 FY2024 | Sep 30, 2024 | -108.7% | −127.1 |
| Q2 FY2024 | Jun 30, 2024 | 4.7% | −16.5 |
| Q1 FY2024 | Mar 31, 2024 | 7.6% | −14.1 |
| Q4 FY2023 | Dec 31, 2023 | 9.6% | +36.2 |
| Q3 FY2023 | Sep 30, 2023 | 18.5% | −8.2 |
| Q2 FY2023 | Jun 30, 2023 | 21.2% | +2.2 |
| Q1 FY2023 | Mar 31, 2023 | 21.7% | −3.4 |
| Q4 FY2022 | Dec 31, 2022 | -26.5% | −49.8 |
| Q3 FY2022 | Sep 30, 2022 | 26.7% | −0.2 |
| Q2 FY2022 | Jun 30, 2022 | 19.0% | −5.8 |
| Q1 FY2022 | Mar 31, 2022 | 25.2% | −0.5 |
| Q4 FY2021 | Dec 31, 2021 | 23.3% | +3.9 |
| Q3 FY2021 | Sep 30, 2021 | 26.9% | +13.9 |
| Q2 FY2021 | Jun 30, 2021 | 24.8% | +8.9 |
| Q1 FY2021 | Mar 31, 2021 | 25.7% | +7.7 |
| Q4 FY2020 | Dec 31, 2020 | 19.4% | +19.3 |
| Q3 FY2020 | Sep 30, 2020 | 13.0% | −9.5 |
| Q2 FY2020 | Jun 30, 2020 | 15.9% | −9.1 |
| Q1 FY2020 | Mar 31, 2020 | 18.0% | −3.7 |
| Q4 FY2019 | Dec 31, 2019 | 0.1% | −29.0 |
| Q3 FY2019 | Sep 30, 2019 | 22.5% | −12.2 |
| Q2 FY2019 | Jun 30, 2019 | 25.0% | −14.2 |
| Q1 FY2019 | Mar 31, 2019 | 21.7% | −17.5 |
| Q4 FY2018 | Dec 31, 2018 | 29.1% | −12.0 |
| Q3 FY2018 | Sep 30, 2018 | 34.8% | −6.0 |
| Q2 FY2018 | Jun 30, 2018 | 39.3% | +1.1 |
| Q1 FY2018 | Mar 31, 2018 | 39.2% | +3.7 |
| Q4 FY2017 | Dec 31, 2017 | 41.1% | +3.5 |
| Q3 FY2017 | Sep 30, 2017 | 40.8% | +5.4 |
| Q2 FY2017 | Jun 30, 2017 | 38.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 35.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 37.6% | – |
| Q3 FY2016 | Sep 30, 2016 | 35.4% | – |
See a number that looks wrong?