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 r&d expenses
Research and development expenses are spending on new products and technology.
IPG Photonics's R&D Expenses for the twelve months ending Jun 30, 2026 was $123.44M, up 11.0% year over year. For fiscal 2025 it was $117.40M, up 6.9% from the year before. Over ten years it grew 6.4% a year on average. The highest annual figure on record is $139.57M in fiscal 2021.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $117.40M | +6.9% |
| FY2024 | Dec 31, 2024 | $109.78M | +11.2% |
| FY2023 | Dec 31, 2023 | $98.70M | -15.0% |
| FY2022 | Dec 31, 2022 | $116.11M | -16.8% |
| FY2021 | Dec 31, 2021 | $139.57M | +10.0% |
| FY2020 | Dec 31, 2020 | $126.90M | -2.4% |
| FY2019 | Dec 31, 2019 | $130.00M | +5.9% |
| FY2018 | Dec 31, 2018 | $122.77M | +21.7% |
| FY2017 | Dec 31, 2017 | $100.87M | +28.4% |
| FY2016 | Dec 31, 2016 | $78.55M | +24.0% |
| FY2015 | Dec 31, 2015 | $63.33M | +18.6% |
| FY2014 | Dec 31, 2014 | $53.40M | +28.2% |
| FY2013 | Dec 31, 2013 | $41.66M | +32.7% |
| FY2012 | Dec 31, 2012 | $31.40M | +23.5% |
| FY2011 | Dec 31, 2011 | $25.42M | +32.7% |
| FY2010 | Dec 31, 2010 | $19.16M | +3.3% |
| FY2009 | Dec 31, 2009 | $18.54M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $31.00M | +3.6% |
| Q1 FY2026 | Mar 31, 2026 | $33.31M | +17.6% |
| Q4 FY2025 | Dec 31, 2025 | $28.77M | +11.8% |
| Q3 FY2025 | Sep 30, 2025 | $30.36M | +11.7% |
| Q2 FY2025 | Jun 30, 2025 | $29.94M | +8.9% |
| Q1 FY2025 | Mar 31, 2025 | $28.34M | -3.6% |
| Q4 FY2024 | Dec 31, 2024 | $25.74M | -7.1% |
| Q3 FY2024 | Sep 30, 2024 | $27.18M | +10.0% |
| Q2 FY2024 | Jun 30, 2024 | $27.49M | +16.9% |
| Q1 FY2024 | Mar 31, 2024 | $29.38M | +29.0% |
| Q4 FY2023 | Dec 31, 2023 | $27.71M | +4.1% |
| Q3 FY2023 | Sep 30, 2023 | $24.71M | -2.9% |
| Q2 FY2023 | Jun 30, 2023 | $23.51M | -23.2% |
| Q1 FY2023 | Mar 31, 2023 | $22.77M | -31.9% |
| Q4 FY2022 | Dec 31, 2022 | $26.62M | -27.6% |
| Q3 FY2022 | Sep 30, 2022 | $25.44M | -25.8% |
| Q2 FY2022 | Jun 30, 2022 | $30.61M | -13.0% |
| Q1 FY2022 | Mar 31, 2022 | $33.45M | +0.3% |
| Q4 FY2021 | Dec 31, 2021 | $36.77M | +15.7% |
| Q3 FY2021 | Sep 30, 2021 | $34.28M | +8.1% |
| Q2 FY2021 | Jun 30, 2021 | $35.19M | +11.4% |
| Q1 FY2021 | Mar 31, 2021 | $33.34M | +4.7% |
| Q4 FY2020 | Dec 31, 2020 | $31.77M | +4.3% |
| Q3 FY2020 | Sep 30, 2020 | $31.71M | -1.4% |
| Q2 FY2020 | Jun 30, 2020 | $31.58M | -9.4% |
| Q1 FY2020 | Mar 31, 2020 | $31.84M | -2.0% |
| Q4 FY2019 | Dec 31, 2019 | $30.47M | -3.3% |
| Q3 FY2019 | Sep 30, 2019 | $32.16M | +4.0% |
| Q2 FY2019 | Jun 30, 2019 | $34.87M | +9.6% |
| Q1 FY2019 | Mar 31, 2019 | $32.50M | +13.8% |
| Q4 FY2018 | Dec 31, 2018 | $31.50M | +18.5% |
| Q3 FY2018 | Sep 30, 2018 | $30.91M | +21.0% |
| Q2 FY2018 | Jun 30, 2018 | $31.81M | +22.5% |
| Q1 FY2018 | Mar 31, 2018 | $28.55M | +25.3% |
| Q4 FY2017 | Dec 31, 2017 | $26.59M | +20.3% |
| Q3 FY2017 | Sep 30, 2017 | $25.54M | +24.3% |
| Q2 FY2017 | Jun 30, 2017 | $25.96M | – |
| Q1 FY2017 | Mar 31, 2017 | $22.78M | – |
| Q4 FY2016 | Dec 31, 2016 | $22.11M | – |
| Q3 FY2016 | Sep 30, 2016 | $20.54M | – |
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