stockrowIPG 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
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IPG Photonics Corporation (IPGP) Gross margin
IPG Photonics Corporation's gross margin over the twelve months to 30 September 2026 was 38.7%, up 0.7 percentage points from fiscal 2025 (38.0%). Over the past ten years it has ranged from 34.6% (fiscal 2024) to 56.6% (fiscal 2017); the current reading is higher than 18% of that period. That is below the Semiconductor Equipment & Materials industry median of 46.9% and below the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 38.0% | 3.39 |
| FY2024 | 34.6% | (7.47) |
| FY2023 | 42.1% | 3.23 |
| FY2022 | 38.9% | (8.82) |
| FY2021 | 47.7% | 2.78 |
| FY2020 | 44.9% | (1.22) |
| FY2019 | 46.1% | (8.71) |
| FY2018 | 54.8% | (1.74) |
| FY2017 | 56.6% | 1.67 |
| FY2016 | 54.9% | 0.31 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 40.7% | 0.32 |
| Jun 2026 | 40.4% | 2.91 |
| Mar 2026 | 37.5% | 1.38 |
| Dec 2025 | 36.1% | (3.38) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AMBA Ambarella, Inc. compare | 58.5% |
| KLIC Kulicke and Soffa Industries, Inc. compare | 48.2% |
| COHU Cohu, Inc. compare | 44.5% |
| AXTI AXT Inc compare | 44.0% |
| ACMR ACM Research, Inc. compare | 43.8% |
| ACLS Axcelis Technologies, Inc. compare | 42.8% |
| IPGP IPG Photonics Corporation | 38.7% |
| VECO Veeco Instruments Inc. compare | 37.4% |
| UCTT Ultra Clean Holdings, Inc. compare | 16.1% |
| Semiconductor Equipment & Materials industry median | 46.9% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on IPGP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement