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Saturday 17 October 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. 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.

71.01 2.75 −3.73%
Market cap
$3.1B
P/E
108×
Fwd P/E
82.3×
Dividend yield
—
F-score
8/9
Altman Z
8.69
Beneish M
−2.50
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

IPG Photonics Corporation (IPGP) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, IPG Photonics Corporation (IPGP) trades at a P/E ratio of 108×. Over the past ten years it has ranged from 0.0× (September 2025) to 205× (February 2026); the current reading is higher than 91% of that period. That is above the Semiconductor Equipment & Materials industry median of 45.0× and above the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

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%

Quarterly newest first

Period P/E ratio Change
Jun 2026 178× 8.59%
Mar 2026 164× 71.47%
Dec 2025 95.5× (26.46%)
Sep 2025 130× —
42 more quarters

Against its own ten years

Low 0.0× High 205×
Ten-year median 25.2×
Current reading's percentile 89

P/E ratio against peers

Company P/E ratio
AMBA Ambarella, Inc. compare n/m
UCTT Ultra Clean Holdings, Inc. compare n/m
COHU Cohu, Inc. compare n/m
ACMR ACM Research, Inc. compare 23.6×
KLIC Kulicke and Soffa Industries, Inc. compare 35.6×
ACLS Axcelis Technologies, Inc. compare 36.1×
IPGP IPG Photonics Corporation 108×
VECO Veeco Instruments Inc. compare 113×
AXTI AXT Inc compare 1,716×
Semiconductor Equipment & Materials industry median 45.0×
Technology sector median 28.2×
Market median 18.1×

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 →

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