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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

64.71 2.68 +4.32%
Market cap
$2.6B
P/E
67.6×
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/Sales

Alert me on EV/Sales

As of 6 November 2026, IPG Photonics Corporation (IPGP) trades at a EV/Sales of 1.7×. Over the past ten years it has ranged from 1.3× (April 2025) to 10.3× (January 2021); the current reading is higher than 1% of that period. That is below the Semiconductor Equipment & Materials industry median of 5.2× and below the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 2.2× (6.90%)
FY2024 2.4× (21.03%)
FY2023 3.0× 14.81%
FY2022 2.6× (50.29%)
FY2021 5.3× (39.90%)
FY2020 8.8× 76.37%
FY2019 5.0× 43.61%
FY2018 3.5× (54.86%)
FY2017 7.7× 73.67%
FY2016 4.4× (0.97%)

Quarterly newest first

Period EV/Sales Change
Sep 2026 2.2× (43.18%)
Jun 2026 3.9× (0.61%)
Mar 2026 3.9× 75.91%
Dec 2025 2.2× (14.69%)
43 more quarters

Against its own ten years

Low 1.3× High 10.3×
Ten-year median 4.3×
Current reading's percentile 1

EV/Sales against peers

Company EV/Sales
UCTT Ultra Clean Holdings, Inc. compare 0.9×
IPGP IPG Photonics Corporation 1.7×
ACMR ACM Research, Inc. compare 1.9×
VECO Veeco Instruments Inc. compare 2.8×
COHU Cohu, Inc. compare 2.9×
ACLS Axcelis Technologies, Inc. compare 3.0×
KLIC Kulicke and Soffa Industries, Inc. compare 3.0×
AMBA Ambarella, Inc. compare 5.5×
AXTI AXT Inc compare 11.6×
Semiconductor Equipment & Materials industry median 5.2×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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