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

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64.89 2.86 +4.61%

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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

IPG Photonics Corporation (IPGP) P/E ratio

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As of 5 November 2026, IPG Photonics Corporation (IPGP) trades at a P/E ratio of 65.0×. Over the past ten years it has ranged from 0.0× (September 2025) to 205× (February 2026); the current reading is higher than 84% of that period. That is above the Semiconductor Equipment & Materials industry median of 33.7× and above the Technology sector median of 25.7×.

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<iframe src="https://stockrow.com/embed/IPGP/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="IPG Photonics Corporation P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/IPGP/metrics/pe-ratio">IPG Photonics Corporation (IPGP) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	95.5×	—
FY2024	0.0×	—
FY2023	23.0×	(52.52%)
FY2022	48.5×	46.75%
FY2021	33.0×	(55.56%)
FY2020	74.3×	74.43%
FY2019	42.6×	184.06%
FY2018	15.0×	(56.13%)
FY2017	34.2×	70.03%
FY2016	20.1×	3.57%

Period	P/E ratio	Change
Sep 2026	81.8×	(53.97%)
Jun 2026	178×	8.59%
Mar 2026	164×	71.47%
Dec 2025	95.5×	(26.46%)
43 more quarters	Free account

Against its own ten years

Low 0.0× High 205×

Ten-year median 25.3×

Current reading's percentile 81

Company	P/E ratio
AMBA Ambarella, Inc. compare	n/m
COHU Cohu, Inc. compare	n/m
ACMR ACM Research, Inc. compare	17.8×
ACLS Axcelis Technologies, Inc. compare	26.6×
KLIC Kulicke and Soffa Industries, Inc. compare	27.4×
UCTT Ultra Clean Holdings, Inc. compare	60.9×
IPGP IPG Photonics Corporation	65.0×
AXTI AXT Inc compare	70.3×
VECO Veeco Instruments Inc. compare	80.7×
Semiconductor Equipment & Materials industry median	33.7×
Technology sector median	25.7×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

IPG Photonics Corporation (IPGP) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

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P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on IPGP

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