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XNAS
IPGP
Market cap3.30bUSD
Oct 08, Last price  
77.74USD
1D
-3.89%
1Q
-27.84%
Jan 2017
-21.24%
IPO
209.11%
Name

IPG Photonics Corp

Chart & performance

D1W1MN
XNAS:IPGP chart
P/E
106.11
P/S
3.29
EPS
0.73
Div yield, %
—
Shrs. gr., 5y
-4.53%
Rev. gr., 5y
-3.52%
Revenues
1.00b
+2.73%
143,225,000188,677,000229,076,000185,894,000299,256,000474,482,000562,528,000648,034,000769,832,000901,265,0001,006,173,0001,408,889,0001,459,874,0001,314,581,0001,200,724,0001,460,860,0001,429,547,0001,287,439,000977,134,0001,003,777,000
Net income
31m
P
29,233,00029,895,00036,654,0005,419,00053,991,000117,759,000145,004,000155,780,000200,445,000242,154,000260,752,000347,614,000404,027,000180,234,000159,572,000278,416,000109,909,000218,878,000-181,526,00031,096,000
CFO
75m
-69.61%
19,202,00010,657,00034,671,00054,405,00063,421,00087,926,000175,499,000119,367,000184,205,000256,571,000292,288,000404,448,000393,301,000323,521,000285,335,000389,700,000212,649,000295,986,000247,896,00075,344,000
Dividend
Dec 19, 20120.65 USD/sh

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Profile

Established in 1990 and headquartered in Oxford, Massachusetts, IPG Photonics Corporation is a leading global developer and manufacturer of high-performance fiber, diode, and hybrid fiber-solid state lasers, along with fiber amplifiers. These advanced laser systems are primarily utilized across a wide range of materials processing applications worldwide. The company's extensive product portfolio encompasses a diverse array of laser types, including hybrid fiber-solid state lasers (offering green and UV wavelengths), fiber-pigtailed packaged diodes, fiber-coupled direct diode systems, high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization/single-frequency models. Complementing these are essential accessories such as high-power optical fiber delivery cables, couplers, beam switches, chillers, and scanners. IPG Photonics also offers a comprehensive range of fiber amplifiers, including erbium-doped, Raman, ytterbium, and thulium specialty types, alongside broadband light sources, which are crucial for integrated communication systems and broadband networks. Furthermore, the company develops integrated laser systems for specialized tasks, such as 2D compact flat sheet cutting, multi-axis operations, precision welding (e.g., the welding seam stepper and picker), and other high-precision or bespoke laser applications. It extends its offerings to optical transceiver and transponder modules, critical for interconnecting electronic equipment like Ethernet switches, IP routers, and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operator, and data center networking environments. Beyond materials processing, IPG Photonics' innovative lasers and amplifiers find diverse utility in communications, medical technology, and various other cutting-edge fields. The company markets its products to a broad customer base, including original equipment manufacturers (OEMs), system integrators, and direct end-users, leveraging its dedicated direct sales force alongside a global network of independent sales representatives and distributors.

Related entities

Subsidiaries
IPG PHOTONICS (INDIA) PRIVATE LIMITED

Key people

John Peeler
Non-Executive Independent Chairman of the Board · since 2021
Mark Gitin
Chief Executive Officer, Director · since 2024
Jennifer Kartono
Senior Vice President, Chief Human Resources Officer · since 2025
Paulus Bucher
Senior Vice President - Global Operations · since 2025
General Counsel, Secretary, Senior Vice President · since 2013
Timothy Mammen
Chief Financial Officer, Senior Vice President · since 2013
Mira Sahney
Senior Vice President of Global Laser Systems · since 2025
Igor Samartsev
Senior Vice President, Chief Scientist · since 2022
Trevor Ness
Senior Vice President - Sales and Strategic Business Development · since 2022
Natalia Pavlova
Director · since 2021
Eugene Shcherbakov
Director · since 2024
Gregory Beecher
Independent Director · since 2023
Jeanmarie Desmond
Independent Director · since 2021
Independent Director · since 2019
Independent Director · since 2023
Independent Director · since 2014
Agnes Tang
Independent Director · since 2022
IPO date
Dec 13, 2006
Employees
6,230
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
50 Old Webster Road
Oxford, MA 01540
US

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