Pricing Log in Create free account
Friday 6 November 2026 Export IPGP’s income statement to Excel — free account

IPG Photonics Corporation

IPGP Technology Semiconductor Equipment & Materials

IPG Photonics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 2.73% from fiscal 2024.

Revenue
+14.6%
EPS
+164.8%
Free cash flow
+105.2%

Quarter to September 2026, against a year earlier

64.89 2.86 +4.61%
Market cap
$2.6B
P/E
65.0×
Fwd P/E
65.8×
Dividend yield
—
F-score
8/9
Altman Z
8.69
Beneish M
−2.50
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

IPG Photonics Corporation (IPGP) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, IPG Photonics Corporation (IPGP) trades at a EV/EBITDA of 23.5×. Over the past ten years it has ranged from 0.0× (September 2025) to 86.6× (February 2026); the current reading is higher than 81% of that period. That is in line with the Semiconductor Equipment & Materials industry median of 22.6× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 33.7× —
FY2024 0.0× —
FY2023 14.0× (2.74%)
FY2022 14.4× (12.71%)
FY2021 16.5× (50.74%)
FY2020 33.6× 88.11%
FY2019 17.8× 112.61%
FY2018 8.4× (52.30%)
FY2017 17.6× 64.23%
FY2016 10.7× 2.23%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 32.8× (51.71%)
Jun 2026 67.9× (4.84%)
Mar 2026 71.3× 111.42%
Dec 2025 33.7× (8.77%)
43 more quarters

Against its own ten years

Low 0.0× High 86.6×
Ten-year median 14.0×
Current reading's percentile 81

EV/EBITDA against peers

Company EV/EBITDA
AMBA Ambarella, Inc. compare n/m
ACMR ACM Research, Inc. compare 10.0×
UCTT Ultra Clean Holdings, Inc. compare 11.2×
KLIC Kulicke and Soffa Industries, Inc. compare 14.7×
ACLS Axcelis Technologies, Inc. compare 22.7×
IPGP IPG Photonics Corporation 23.5×
VECO Veeco Instruments Inc. compare 44.1×
COHU Cohu, Inc. compare 47.9×
AXTI AXT Inc compare 142×
Semiconductor Equipment & Materials industry median 22.6×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on IPGP