IPG PHOTONICS CORP
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
- Website
- www.ntoire-polus.ru
- 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
| Name | Position | Shares owned |
|---|---|---|
| Mark Milton Gitin | CEO, Director | 87,232 |
| Paulus Bucher | SVP, Global Operations | 6,053 |
| Angelo P. Lopresti | SVP, Secretary & Gen Counsel | 59,841 |
| Timothy PV Mammen | SVP, Chief Financial Officer | 76,438 |
| Igor Samartsev | SVP, Chief Scientist | 956,923 |
| Mary E. Buttarazzi | VP, Corp Controller and CAO | 4,749 |
| Trevor Ness | SVP, Chief Revenue Officer | 38,425 |
| Thomas J. Burgomaster | Chief Accounting Officer | 11,566 |
| John R. Peeler | Director | 20,886 |
| Eugene A. Scherbakov | Director | 7,402,753 |
| Tang Agnes | Director | 10,324 |
| Jeanmarie F. Desmond | Director | 10,486 |
| Greg Dougherty | Director | 18,334 |
| Gregory R. Beecher | Director | 12,216 |
| Natalia Pavlova | Director | 958,523 |
| Eric Meurice | Director | 25,239 |
| Kolleen T. Kennedy | Director | 11,513 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer 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
| Date | Event | Details |
|---|---|---|
| Feb 22, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 14, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |