IPG PHOTONICS CORP (IPGP)

86.42 0 (0%)

As of 2025-10-16 15:10:04 EST

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

Traded asNasdaq: IPGP
ISINUS44980X1090
CIK0001111928
LEI5493002KZ51CADQ94G15
EIN043444218
SectorPhotonics
IndustrySemiconductors & Related Devices
CEOMark M. Gitin Ph.D.
Employees6,580
Fiscal Year End1231
Address377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752
Phone5083731100
Websitehttps://ipgphotonics.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
IPGPIPG PHOTONICS CORP2025-10-16 15:10:0486.4200
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
IPGP0001111928IPG PHOTONICS CORPUS44980X10905493002KZ51CADQ94G15043444218Nasdaq3674Semiconductors & Related Devices1231DE377 SIMARANO DRIVEMARLBOROUGHMA01752UNITED STATESUS5083731100377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752377 SIMARANO DRIVE, MARLBOROUGH, MA, 01752—Photonics1990Mark M. Gitin Ph.D.6,580https://ipgphotonics.com/2,300,000,00056,905,31342,219,918IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.2025-10-10 20:25:51
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IPGP Stock Price (End-of-Day)
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IPGP Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20242,300,000,000-1,800,000,000-43.902442,548,561-3,019,636-6.6266
20234,100,000,0001,700,000,00070.833345,568,197-2,058,946-4.3231
20222,400,000,000-5,300,000,000-68.831247,627,143-5,312,240-10.0346
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Trevor NessSenior Vice President2024494,10601,928,590245,20010,3502,678,246
Angelo LoprestiSecretary, General Counsel, Senior Vice President2024485,50001,869,006242,80010,3502,607,656
Mark GitinChief Executive Officer2024411,346775,0004,999,7590514,7206,700,825
Timothy MammenChief Financial Officer, Senior Vice President2024538,70002,262,403265,3009,2863,075,689
Igor SamartsevChief Scientist, Senior Vice President2024424,2000489,822127,2009,3631,050,585
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Employee Count
Fiscal YearEmployee Count
20244,740
20236,180
20226,230
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Income Statements
Fiscal Year202420232022
Revenue977,134,0001,287,439,0001,429,547,000
Cost Of Revenue638,979,000745,741,000874,134,000
Gross Profit338,155,000541,698,000555,413,000
Research And Development Expenses109,783,00098,704,000116,114,000
General And Administrative Expenses124,313,000125,749,000131,253,000
Operating Expenses546,409,000309,725,000385,913,000
Operating Income-208,254,000231,973,000169,500,000
Net Income-181,526,000218,878,000109,909,000
Earnings Per Share Basic-4.094.642.17
Earnings Per Share Diluted-4.094.632.16
Weighted Average Shares Outstanding Basic44,336,00047,154,00050,761,000
Weighted Average Shares Outstanding Diluted44,336,00047,320,00050,925,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents620,040,000514,674,000698,209,000
Marketable Securities Current310,152,000662,807,000479,374,000
Accounts Receivable171,131,000219,053,000211,347,000
Inventories284,780,000453,874,000509,363,000
Non Trade Receivables17,592,00026,038,00040,934,000
Other Assets Current———
Total Assets Current1,430,995,0001,914,654,0001,986,274,000
Marketable Securities Non Current———
Property Plant And Equipment588,375,000602,257,000580,561,000
Other Assets Non Current32,246,00028,425,00028,848,000
Total Assets Non Current604,800,000613,732,000590,264,000
Total Assets2,289,264,0002,698,898,0002,743,280,000
Accounts Payable35,385,00028,618,00046,233,000
Deferred Revenue56,454,00069,219,00080,068,000
Short Term Debt—016,031,000
Other Liabilities Current152,048,000181,350,000202,764,000
Total Liabilities Current205,019,000214,861,000274,646,000
Long Term Debt——16,031,000
Other Liabilities Non Current13,855,00017,176,00015,841,000
Total Liabilities Non Current59,774,00068,652,00083,274,000
Total Liabilities264,793,000283,513,000357,920,000
Common Stock6,0006,0006,000
Retained Earnings2,613,868,0002,795,394,0002,576,516,000
Accumulated Other Comprehensive Income-119,367,000-212,530,000-204,524,000
Total Shareholders Equity2,024,471,0002,415,385,0002,385,360,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization61,443,00069,621,00090,564,000
Share Based Compensation Expense37,070,00039,502,00038,302,000
Other Non Cash Income Expense-3,962,000-5,194,000-1,654,000
Change In Accounts Receivable-46,827,00010,395,000-34,100,000
Change In Inventories-47,725,000-1,823,000189,013,000
Change In Non Trade Receivables———
Change In Other Assets———
Change In Accounts Payable-1,526,000-16,319,000-12,174,000
Change In Other Liabilities-37,355,000-44,693,000-43,547,000
Cash From Operating Activities247,896,000295,986,000212,649,000
Purchases Of Marketable Securities713,151,0001,232,863,0001,117,022,000
Sales Of Marketable Securities1,083,464,0001,073,993,0001,446,355,000
Acquisition Of Property Plant And Equipment98,524,000110,483,000110,141,000
Acquisition Of Business66,738,00002,000,000
Other Investing Activities-427,000-558,00043,000
Cash From Investing Activities208,732,000-237,554,000296,952,000
Tax Withholding For Share Based Compensation———
Payments Of Dividends———
Issuance Of Common Stock———
Repurchase Of Common Stock343,816,000223,496,000499,506,000
Issuance Of Long Term Debt———
Repayment Of Long Term Debt016,031,00018,126,000
Other Financing Activities—3,147,0005,583,000
Cash From Financing Activities-339,621,000-236,380,000-514,549,000
Change In Cash105,366,000-183,535,000-10,896,000
Cash At End Of Period620,040,000514,674,000698,209,000
Income Taxes Paid40,632,00062,916,000113,200,000
Interest Paid277,0001,284,0003,214,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share-4.094.642.17
Price To Earnings Ratio-17.7823.392243.6267
Earnings Growth Rate-188.1466113.8249-58.3493
Price Earnings To Growth Ratio0.09450.2055-0.7477
Book Value Per Share45.66251.223346.992
Price To Book Ratio1.59262.1192.0146
Ebitda-79,451,000351,415,000313,673,000
Enterprise Value——4,139,396,870
Dividend Yield———
Dividend Payout Ratio———
Debt To Equity Ratio——0.0134
Capital Expenditures47,561,00091,317,00035,823,000
Free Cash Flow200,335,000204,669,000176,826,000
Return On Equity-0.08970.09060.0461
One Year Beta1.55171.12671.2031
Three Year Beta1.2441.20691.071
Five Year Beta1.10691.1551.1854
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Valentin Gapontsev Trust I10% owner2025-10-155,315D7,004,991
Valentin Gapontsev Trust I10% owner2025-10-155,166D6,999,825
Valentin Gapontsev Trust I10% owner2025-10-157,226D6,992,599
Valentin Gapontsev Trust I10% owner2025-10-141,661D7,025,174
Valentin Gapontsev Trust I10% owner2025-10-143,002D7,022,172
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Thomas J. Rooney2018-09-14FL17Purchase2018-08-27—$15,001 - $50,000
Lois Frankel2017-01-19FL22Sale2017-01-06—$1,001 - $15,000
Lois Frankel2016-04-27FL22Purchase2016-03-18—$1,001 - $15,000
Lamar Smith2015-05-08TX21Sale2015-04-07—$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
RICE HALL JAMES & ASSOCIATES, LLC2025-09-302,261,19128,55479.19
Blue Trust, Inc.2025-09-301,5051979.2105
QSM Asset Management Ltd2025-09-304,058,44651,83278.3
CWM, LLC2025-09-301,939,00024,49079.1752
Pacer Advisors, Inc.2025-09-30264,4953,34079.1901
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap FundCFSLX8,601703,733.820.1469
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Small Cap Select FundCFSSX39,0493,194,989.180.2224
TRUST FOR PROFESSIONAL MANAGERS2025-08-31Column Mid Cap FundCFMCX5409.10.0
Pacer Funds Trust2025-07-31Pacer Trendpilot US Mid Cap ETFPTMC3,780283,084.20.0676
Direxion Shares ETF Trust2025-07-31Direxion Daily Mid Cap Bull 3X SharesMIDU45934,374.510.0461
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