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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
–

About Ipg Photonics

Semiconductors & Related Devices, SIC 3674

IPG Photonics Corporation designs, manufactures, and sells high-performance fiber lasers, diode lasers, fiber amplifiers, and laser-based systems. It also provides complementary accessories, including optical delivery cables, processing heads, chillers, and inline monitoring sensors, alongside surface cleaning systems. The company categorizes its primary offerings across materials processing, medical procedures, and advanced applications. Its laser solutions serve diverse manufacturing end markets such as general industrial, automotive, consumer electronics, and medical device fabrication. IPG distributes products globally to original equipment manufacturers, system integrators, and direct end users through a dedicated direct sales team.

The company operates major manufacturing facilities in the United States and Germany, complemented by global sales and service offices and application laboratories. IPG employs approximately 4,840 full-time staff across more than thirty locations in twenty-four countries, with the majority located in the US and Germany. IPG Photonics maintains its principal executive headquarters in Marlborough, Massachusetts.

Summary of the business section of Ipg Photonics's latest annual report, written by StockData.

Company profile

Company

Legal name
IPG PHOTONICS CORP
Founded
1990
Headquarters
Marlborough, MA
Address
377 Simarano Drive 01752
Phone
(508) 373-1100
Employees
4,840, Dec 31, 2025
Industry
Semiconductors & Related Devices
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Boston, Massachusetts

Stock & identifiers

Ticker
IPGP
Exchange
Nasdaq
Shares outstanding
43M, Aug 3, 2026
Public float
$1.80B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1111928
CUSIP
44980X109
ISIN
US44980X1090
LEI
5493002KZ51CADQ94G15
EIN
04-3444218

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Mark Milton GitinCEO, Director87,232
Paulus BucherSVP, Global Operations6,053
Angelo P. LoprestiSVP, Secretary & Gen Counsel59,841
Timothy PV MammenSVP, Chief Financial Officer76,438
Igor SamartsevSVP, Chief Scientist956,923
Mary E. ButtarazziVP, Corp Controller and CAO4,749
Trevor NessSVP, Chief Revenue Officer38,425
Thomas J. BurgomasterChief Accounting Officer11,566
John R. PeelerDirector20,886
Eugene A. ScherbakovDirector7,402,753
Tang AgnesDirector10,324
Jeanmarie F. DesmondDirector10,486
Greg DoughertyDirector18,334
Gregory R. BeecherDirector12,216
Natalia PavlovaDirector958,523
Eric MeuriceDirector25,239
Kolleen T. KennedyDirector11,513

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Gitin
$9.07M$9.89M$2.36M$32$205
FY2025
Scherbakov
$6.10M$408.37K$2.36M$32$205
FY2024
Gitin
$6.70M$4.59M$2.37M$32$142
FY2024
Scherbakov
$6.10M$408.37K$2.37M$32$142
FY2023
Scherbakov
$5.73M$4.90M$2.00M$49$122
FY2022
Gapontsev
$3.25M$3.25M$2.09M$42$101

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had approximately 4,840 full-time employees, including 440 in research and development, 3,590 in manufacturing and service operations, 390 in sales and marketing, and 420 in general and administrative functions.”

Corporate history

Events identified from SEC filings