IPG Photonics Corp revenue
IPG Photonics Corp's revenue was $1.00bn in fiscal 2025, up 2.7% on the year before. Since fiscal 2009 ($186m) it has grown at a compound 11.1% a year. Over the last twelve months it was $1.07bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 186 | 299 | 474 | 563 | 648 | 770 | 901 | 1,006 | 1,409 | 1,460 | 1,315 | 1,201 | 1,461 | 1,430 | 1,287 | 977 | 1,004 | 1,069 |
| Growth on the year before | — | +61.0% | +58.6% | +18.6% | +15.2% | +18.8% | +17.1% | +11.6% | +40.0% | +3.6% | −10.0% | −8.7% | +21.7% | −2.1% | −9.9% | −24.1% | +2.7% | — |
| Gross profit | 64 | 146 | 257 | 305 | 340 | 417 | 492 | 552 | 797 | 800 | 606 | 539 | 696 | 555 | 542 | 338 | 381 | 410 |
| Gross margin | 34.6% | 48.9% | 54.2% | 54.2% | 52.5% | 54.1% | 54.6% | 54.9% | 56.6% | 54.8% | 46.1% | 44.9% | 47.7% | 38.9% | 42.1% | 34.6% | 38.0% | 38.4% |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Materials Processing | $860M | ▲ 0.3% |
| High Power Continuous Wave CW Lasers | $309M | ▼ 7.2% |
| Amplifiers Laser Systems Service Parts Accessories | $265M | ▲ 7.2% |
| Laser and Non Laser Systems | $147M | ▲ 5.8% |
| Other Applications | $144M | ▲ 19.9% |
| Pulsed Lasers | $143M | ▼ 2.4% |
| Medium and Low Power CW Lasers | $88.2M | ▲ 38.5% |
| Quasi Continuous Wave QCW Lasers | $51.8M | ▲ 7.8% |
These categories overlap or exclude eliminations, so shares aren't shown.
| Region | Revenue | Share | YoY |
|---|---|---|---|
| Asia | $480M | 47.8% | ▲ 14.1% |
| China (part of Asia) | $292M | 60.8% | ▲ 19.1% |
| Other Asian Geographical Areas (part of Asia) | $122M | 25.4% | ▲ 7.6% |
| Japan (part of Asia) | $66.4M | 13.8% | ▲ 6.4% |
| North America | $267M | 26.6% | ▲ 3.2% |
| Europe | $244M | 24.3% | ▼ 14.5% |
| Other European Geographical Areas (part of Europe) | $139M | 56.8% | ▼ 29.7% |
| Germany (part of Europe) | $105M | 43.2% | ▲ 19.8% |
| Rest of World | $12.8M | 1.3% | ▲ 0.8% |
From IPG Photonics Corp's 10-K filed February 23, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| IPG Photonics Corp | $1.07bn | 13.0% | -7.9% |
| Semtech Corp | $1.09bn | 14.2% | 11.3% |
| Ichor Holdings, LTD. | $1.01bn | 9.1% | -1.7% |
| Allegro Microsystems, Inc. | $1.01bn | 27.9% | -2.0% |
| Macom Technology Solutions Holdings, Inc. | $1.16bn | 28.4% | 19.8% |
| Array Technologies, Inc. | $1.19bn | 1.2% | -13.0% |
Compare with peers
- Semtech Corp revenue
- Ichor Holdings, LTD. revenue
- Allegro Microsystems, Inc. revenue
- Macom Technology Solutions Holdings, Inc. revenue
- Array Technologies, Inc. revenue
Head to head: IPGP vs SMTCICHR vs IPGPALGM vs IPGP
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