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. In the quarter to June 2026, revenue grew 11.1%, EPS fell 25.0% and free cash flow grew 200.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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IPG Photonics Corporation (IPGP) EV/Sales
As of 16 October 2026, IPG Photonics Corporation (IPGP) trades at a EV/Sales of 2.0×. Over the past ten years it has ranged from 1.3× (April 2025) to 10.3× (January 2021); the current reading is higher than 4% of that period. That is below the Semiconductor Equipment & Materials industry median of 5.5× and below the Technology sector median of 2.7×.
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 |
|---|---|---|
| Jun 2026 | 3.9× | (0.61%) |
| Mar 2026 | 3.9× | 75.91% |
| Dec 2025 | 2.2× | (14.69%) |
| Sep 2025 | 2.6× | 19.96% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| UCTT Ultra Clean Holdings, Inc. compare | 1.2× |
| IPGP IPG Photonics Corporation | 2.0× |
| ACMR ACM Research, Inc. compare | 2.4× |
| ACLS Axcelis Technologies, Inc. compare | 3.5× |
| VECO Veeco Instruments Inc. compare | 3.6× |
| KLIC Kulicke and Soffa Industries, Inc. compare | 3.8× |
| COHU Cohu, Inc. compare | 4.2× |
| AMBA Ambarella, Inc. compare | 5.8× |
| AXTI AXT Inc compare | 22.2× |
| Semiconductor Equipment & Materials industry median | 5.5× |
| Technology sector median | 2.7× |
| 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)