profit from every $100 of sales.
$0$100
IPG Photonics
$70.67+8.21% today
-19.6% in 1 year
1-year low $62.031-year high $153.91
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $96.61 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What IPG Photonics sold, what it kept, and what it did with the cash.
Sales went from $1.43 billion in 2022 to $1.00 billion in 2025, with $31.1 million of profit last year.
SalesProfit
IPG Photonics vs. similar companies
IPG Photonics grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| IPG Photonics | 96.6× · Very expensive | ||
 Nvidia | 35.9× · Expensive | ||
 TSMC | 38.9× · Expensive | ||
 Broadcom | 65.9× · Very expensive | ||
 AMD | 192.4× · Very expensive |
AI analysis
An AI analyst reads IPG Photonics's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,430 | 1,287 | 977 | 1,004 | |
| 555 | 542 | 338 | 381 | |
| 231 | 232 | 14 | 23 | |
| 322 | 301 | 76 | 90 | |
| 110 | 219 | -182 | 31 | |
| 2.16 | 4.63 | -4.09 | 0.73 | |
| 38.9% | 42.1% | 34.6% | 38.0% | |
| 16.2% | 18.0% | 1.5% | 2.3% | |
| 7.7% | 17.0% | -18.6% | 3.1% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,743 | 2,699 | 2,289 | 2,424 |
| Cash | 698 | 515 | 620 | 404 |
| Total debt | 38 | 18 | 18 | 17 |
| Total liabilities | 358 | 284 | 265 | 296 |
| 2,385 | 2,415 | 2,024 | 2,128 | |
| 51 | 47 | 44 | 43 | |
| 7.5% | 7.5% | 0.6% | 0.8% | |
| 4.6% | 9.1% | -9.0% | 1.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 213 | 296 | 248 | 75 | |
| 110 | 110 | 99 | 79 | |
| 103 | 186 | 149 | -3 | |
| Dividends paid | – | – | – | – |
| 500 | 223 | 344 | 53 | |
| 38 | 40 | 37 | 43 |
Valuation
- 96.6×
- 43.5×
- –
- 2.3×
- 3.0×
- –
- 29.1×
- -0.1%
- 1.0%
- 0.0%
Profitability
- 38.0%
- 2.3%
- 3.1%
- 7.0%
- 0.1%
- 3.2%
- 1.4%
- 1.2%
- 0.2%
- 11.8%
Growth
- −11.1%
- −30.3%
- −102.3%
- –
- −5.5%
Financial health
- -6.3×
- 0.01
- 0.7%
- –
- 5.80
- 4.51
- 0.43
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 22%of 965
Bottom 26%of 972
Bottom 10%of 717
Bottom 4%of 977
Bottom 24%of 978
What analysts expect
- Average price target
- $151.67
- Range
- $110.00 – $180.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.29 | 0.32 | −9.4% |
| Feb 12, 2026 | 0.46 | 0.25 | +84.0% |
| Nov 4, 2025 | 0.35 | 0.16 | +118.7% |
| Aug 5, 2025 | 0.30 | 0.10 | +200.0% |
| May 6, 2025 | 0.31 | 0.21 | +47.6% |
| Feb 11, 2025 | 0.18 | 0.23 | −21.7% |
| Oct 29, 2024 | 0.29 | 0.17 | +70.6% |
| Jul 30, 2024 | 0.45 | 0.51 | −11.8% |
News
GFS outlines $4B 2027 net CapEx plan as it targets ~$1B annualized silicon photonics run rate exiting 2027Seeking Alpha · Nov 4, 2026IPG Photonics, Intel, Marvell Technology, Semtech, and Penguin Solutions Shares Are Soaring, What You Need To KnowYahoo Finance · Sep 12, 20262 Stocks to Buy That Stanley Druckenmiller Added While Exiting 5 Chip and Photonics StocksYahoo Finance · Aug 19, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
25No pass
Benjamin Graham
38No pass
Philip Fisher
18No pass
Peter Lynch
20No pass
Joel Greenblatt
1No pass
Charlie Munger
29No pass
Terry Smith
17No pass
Questions about IPG Photonics
Is IPG Photonics a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the IPG Photonics AI analysis
What does IPG Photonics do?
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. It is in Semiconductors, based in Marlborough, MA, United States, with 4,840 employees.
Does IPG Photonics pay a dividend?
No. IPG Photonics does not pay a dividend at the moment; in 2025 it returned $53.1 million to shareholders by buying back its own shares.
Is IPG Photonics stock halal?
Yes. IPG Photonics passes our halal screen: its business is permitted and its debt is 0.6% of its market value, under the 30% limit. How we check
How has IPG Photonics stock done over the past year?
Down 19.6% over the past twelve months, to $70.67. It traded between $62.03 and $153.91 and is 54.1% below its high.
Who are IPG Photonics's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and AMD. The peers table on this page compares their profit, growth and price with IPG Photonics's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.