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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

64.78 2.75 +4.43%
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/FCF

Alert me on EV/FCF

As of 5 November 2026, IPG Photonics Corporation (IPGP) trades at a EV/FCF of 46.6×. Over the past ten years it has ranged from −2,255× (February 2026) to 187× (June 2026); the current reading is higher than 88% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 −878× —
FY2024 13.1× (26.99%)
FY2023 17.9× (38.28%)
FY2022 29.0× 0.77%
FY2021 28.8× (62.12%)
FY2020 76.0× 121.21%
FY2019 34.4× 58.71%
FY2018 21.6× (41.08%)
FY2017 36.7× 41.34%
FY2016 26.0× 24.89%

Quarterly newest first

Period EV/FCF Change
Sep 2026 64.9× (65.29%)
Jun 2026 187× —
Mar 2026 −330× —
Dec 2025 −878× —
43 more quarters

Against its own ten years

Low −2,255× High 187×
Ten-year median 30.3×
Current reading's percentile 88

EV/FCF against peers

Company EV/FCF
AMBA Ambarella, Inc. compare −378×
AXTI AXT Inc compare −98.5×
ACMR ACM Research, Inc. compare −13.4×
UCTT Ultra Clean Holdings, Inc. compare −12.5×
VECO Veeco Instruments Inc. compare 14.6×
COHU Cohu, Inc. compare 26.1×
ACLS Axcelis Technologies, Inc. compare 39.5×
IPGP IPG Photonics Corporation 46.6×
KLIC Kulicke and Soffa Industries, Inc. compare 64.7×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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