IPG Photonics Corporation logo

IPG Photonics Corporation (IPGP) Financials

NASDAQ NASDAQ:IPGP

Market Cap

4.71B

Total Revenue

1.43B

Gross Profit

555.41M

Operating Income

293.31M

Net Income

109.91M

Metric2013201420152016201720182019202020212022
648,034,000769,832,000901,265,0001,006,173,0001,408,889,0001,459,874,0001,314,581,0001,200,724,0001,460,860,0001,429,547,000
308,136,000353,314,000409,388,000453,933,000611,978,000659,606,000708,372,000661,728,000764,462,000874,134,000
339,898,000416,518,000491,877,000552,240,000796,911,000800,268,000606,209,000538,996,000696,398,000555,413,000
41,660,00053,403,00063,334,00078,552,000100,870,000122,769,000129,997,000126,898,000139,573,000116,114,000
26,692,00030,637,00031,868,00038,393,00049,801,00057,815,00077,745,00070,583,00078,180,00076,643,000
50,863,00055,338,00057,192,00066,486,00080,668,000102,429,000107,597,000110,005,000125,882,000131,253,000
77,555,00085,975,00089,060,000104,879,000130,469,000160,244,000185,342,000180,588,000204,062,000207,896,000
119,215,000139,378,000152,394,000183,431,000231,339,000283,013,000315,339,000307,486,000343,635,000324,010,000
218,147,000283,758,000342,043,000364,313,000551,112,000523,405,000347,947,000198,659,000367,883,000293,306,000
-2,381,0007,411,0002,435,000-3,548,000-14,438,0008,083,000-99,571,0007,033,000-1,402,000-109,955,000
255,510,000306,134,000379,338,000424,780,000644,600,000591,376,000444,215,000358,915,000433,973,000383,870,000
32,291,00035,612,00042,415,00051,475,00064,568,00080,271,00096,268,000160,256,00066,090,00090,564,000
--------------6,270,000----
-1,000-77,000-301,0001,304,000737,000--14,238,000---1,839,00012,620,000
218,301,000284,474,000341,617,000366,565,000551,871,000534,395,000248,376,000205,692,000366,481,000183,351,000
62,521,00084,029,00099,590,000105,849,000204,283,000130,226,00068,115,00045,354,00088,615,00072,589,000
155,780,000200,445,000242,154,000260,752,000347,614,000404,027,000180,234,000159,572,000278,416,000109,909,000
3.023.854.594.916.57.553.435.212.17
2.973.794.534.856.367.383.352.975.162.16
51,548,00052,104,00052,676,00053,068,00053,495,00053,522,00053,061,00053,186,00053,410,00050,761,000
52,375,00052,824,00053,427,00053,797,00054,699,00054,726,00053,839,00053,785,00053,930,00050,925,000
427,351,000492,692,000561,782,000637,364,000843,317,000942,619,0001,023,711,000969,214,0001,108,097,0001,198,144,000
155,000793,000-125,000948,00022,0001,933,000345,000763,000437,0001,231,000

Key Facts

Industry

Semiconductor Equipment & Materials

Sector

Technology

Headquarters

Oxford, MA, US

CEO

Dr. Eugene A. Scherbakov Ph.D.

Employees

6230

About the Company

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for interconnecting electronic equipment, including Ethernet switches, IP routers and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operators, and data center networking applications. It's lasers and amplifiers are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.