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
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IPG Photonics Corporation (IPGP) Operating margin
IPG Photonics Corporation's operating margin over the twelve months to 30 September 2026 was 1.89%, up 0.6 percentage points from fiscal 2025 (1.31%). Over the past ten years it has ranged from −21.3% (fiscal 2024) to 39.1% (fiscal 2017); the current reading is higher than 18% of that period. That is below the Semiconductor Equipment & Materials industry median of 12.0% and above the Technology sector median of 0.02%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 1.31% | 22.62 |
| FY2024 | −21.3% | (39.33) |
| FY2023 | 18.0% | 6.16 |
| FY2022 | 11.9% | (13.32) |
| FY2021 | 25.2% | 8.64 |
| FY2020 | 16.5% | (1.24) |
| FY2019 | 17.8% | (18.07) |
| FY2018 | 35.9% | (3.27) |
| FY2017 | 39.1% | 2.91 |
| FY2016 | 36.2% | (1.74) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 7.23% | 5.60 |
| Jun 2026 | 1.63% | 4.54 |
| Mar 2026 | −2.91% | (4.12) |
| Dec 2025 | 1.21% | (1.92) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| AXTI AXT Inc compare | 19.6% |
| ACMR ACM Research, Inc. compare | 13.3% |
| KLIC Kulicke and Soffa Industries, Inc. compare | 13.2% |
| ACLS Axcelis Technologies, Inc. compare | 10.3% |
| UCTT Ultra Clean Holdings, Inc. compare | 4.32% |
| VECO Veeco Instruments Inc. compare | 3.02% |
| IPGP IPG Photonics Corporation | 1.89% |
| COHU Cohu, Inc. compare | −2.38% |
| AMBA Ambarella, Inc. compare | −14.9% |
| Semiconductor Equipment & Materials industry median | 12.0% |
| Technology sector median | 0.02% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on IPGP
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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