IPG Photonics Corporation (IPGP)

From the record

IPG Photonics Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

IPG Photonics Corporation's 10 filed years say what it did: revenue went from $1.0 billion in fiscal 2016 to $1.0 billion in fiscal 2025, down 0% a year; it rose in 4 of 9 years; the deepest fall was 33% from fiscal 2021 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, IPG Photonics Corporation's diluted share count shrank about 5.7% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 36 sales (32 under scheduled 10b5-1 plans) and 2 purchases of their own stock on the open market in the year to 2026-11-04, buying about $199 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, IPG Photonics Corporation earned about 1 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns. Leverage: it owed about 12 cents per dollar of assets, and net share issuance: its share count shrank 3.8% over the year (the filed statements).

From the record

IPG Photonics Corporation's standing among 97 graded names in its industry family: revenue of $1.0 billion in fiscal 2025 ranks in the top 41% by size; a net margin of 3.1% ranks in the top 47%; revenue growth of -11.1% a year over the last 3 filed years ranks in the bottom 18% (its annual reports).

From the record

IPG Photonics Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Gitin, Mark Milton (CEO, as filed), filing under that title since 2024-06-07, 2.4 years (bottom 39% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 6.8 years (top 43%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (bottom 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

IPG Photonics Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $404 million against no long-term debt tagged leaves 16.7% of its assets as net cash, top 38% of its family; cash from operations less capital spending is -0.3% of revenue (bottom 39%); a gross margin of 38% (bottom 46%); research spending of 11.7% of revenue (bottom 31%) (its annual report).

From the record

IPG Photonics Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -11.1% a year over the last three filed years against -0% over all 10, slowing (bottom 33% of its family); the newest year grew 2.7% (bottom 33%); research spending grew 0.4% a year (bottom 26%); capital spending grew -10.6% a year (bottom 28%) (its annual reports). IPG Photonics Corporation reported 6 product lines in fiscal 2025: High Power Continuous Wave CW Lasers at $309 million (31%), Amplifiers Laser Systems Service Parts Accessories at $265 million (26%), Laser and Non Laser Systems at $147 million (15%), and 3 more; 4 of 6 grew against the year before (its annual report).

From the record

IPG Photonics Corporation's newest year against its own record: revenue of $1.0 billion in fiscal 2025 came in 24.2% above the $808 million its prior three years' pace pointed to (top 41% of its family); net income of $31 million against a prior three-year average of $49 million (bottom 36%); a net margin of 3.1% against 2% before (top 44%) (its annual reports).