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IPG Photonics Corp number of employees

IPG Photonics Corp reported 4,840 employees at December 31, 2025 in its latest annual report, up 100 (2.1%) on the year before. That compares with 6,580 at December 31, 2021. Revenue per employee was $207,392.

Headcount by year

Fiscal year endEmployeesChangeRevenue per employeeSource
December 31, 2025 4,840 +100 (2.1%) $207,392 10-K, filed February 23, 2026
December 31, 2024 4,740 −1,440 (23.3%) $206,146 10-K, filed February 20, 2025
December 31, 2023 6,180 −50 (0.8%) $208,323 10-K, filed February 21, 2024
December 31, 2022 6,230 −350 (5.3%) $229,462 10-K, filed February 27, 2023
December 31, 2021 6,580 — $222,015 10-K, filed February 22, 2022

What the annual reports say

  • As of December 31, 2025, we had approximately 4,840 full-time employees, including 440 in research and development, 3,590 in manufacturing and service operations, 390 in sales and marketing, and 420 in general and administrative functions. 2025 annual report
  • As of December 31, 2024, we had approximately 4,740 full-time employees, including 410 in research and development, 3,550 in manufacturing and service operations, 380 in sales and marketing, and 400 in general and administrative functions. 2024 annual report
  • As of December 31, 2023, we had approximately 6,180 full-time employees, including 590 in research and development, 4,720 in manufacturing and service operations, 380 in sales and marketing, and 490 in general and administrative functions. 2023 annual report
  • As of December 31, 2022, we had approximately 6,230 full-time employees, including 500 in research and development, 4,950 in manufacturing and service operations, 340 in sales and marketing, and 440 in general and administrative functions. 2022 annual report
  • As of December 31, 2021, we had approximately 6,580 full-time employees, including 680 in research and development, 5,110 in manufacturing and service operations, 330 in sales and marketing, and 460 in general and administrative functions. 2021 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

Head to head: IPGP vs SMTCALGM vs IPGP

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Figures from IPG Photonics Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to IPG Photonics Corp.