IPG Photonics vs T1 Energy
IPG Photonics is the larger business, with $1.00bn of revenue in fiscal 2025 against $755m for T1 Energy (1.3 times as much). T1 Energy grew faster (25572.8% against 2.7%). IPG Photonics kept more of each dollar of sales as profit: a net margin of 3.1% against -48.7%. IPG Photonics carries less debt relative to equity (0.0% against 167.0%).
| Latest fiscal year | IPG PhotonicsIPGP, 2025 | T1 EnergyTE, 2025 |
|---|---|---|
| Revenue | $1.00bn | $755m |
| Revenue growth | 2.7% | 25572.8% |
| Net income | $31.1m | −$368m |
| Operating margin | 1.3% | -31.1% |
| Net margin | 3.1% | -48.7% |
| Return on equity | 1.5% | -167.5% |
| Free cash flow | −$3.5m | $16.7m |
| Cash | $404m | $182m |
| Total debt | $0 | $418m |
| Debt to equity | 0.0% | 167.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $53.1m | — |
| Employees | 4,840 | 562 |
| Market value | $3.10bn | $718m |
| Price vs our value range | Within our value range | — |
| Moat score | 69 (Moderate) | — |
| Insider trades, 12 months | 2 buys, 131 sales | 0 buys, 5 sales |