IPG Photonics Corporation (IPGP) Earnings History
Annual and quarterly earnings data from 2004 to 2025
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IPGP EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
IPGP Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 38.0% | 1.3% | 3.1% |
| 2024 | 34.6% | -21.3% | -18.6% |
| 2023 | 42.1% | 18.0% | 17.0% |
| 2022 | 38.9% | 11.9% | 7.7% |
| 2021 | 47.7% | 25.2% | 19.1% |
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IPG Photonics Corporation (IPGP) Earnings Overview
As of May 6, 2026, IPG Photonics Corporation (IPGP) reported trailing twelve-month net income of $29M, reflecting +117.8% year-over-year growth. The company earned $0.67 per diluted share over the past four quarters, with a net profit margin of 3.1%.
Looking at the long-term picture, IPGP's 5-year EPS compound annual growth rate (CAGR) stands at -24.5%, signaling declining earnings. The company achieved its highest annual net income of $404M in fiscal 2018.
IPG Photonics Corporation maintains positive profitability with a gross margin of 38.0%, operating margin of 1.3%, and net margin of 3.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including LITE ($440M net income, 1.6% margin), NPKI ($36M net income, 13.0% margin), MKSI ($295M net income, 7.5% margin), IPGP has outperformed on profitability metrics. Compare IPGP vs LITE →
IPGP Earnings vs Peers
Earnings metrics vs comparable public companies
IPGP Historical Earnings Data (2004–2025)
22 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $31M | +117.1% | $13M | $0.73 | 3.1% | 1.3% |
| 2024 | -$182M | -182.9% | -$208M | $-4.09 | -18.6% | -21.3% |
| 2023 | $219M | +99.1% | $232M | $4.63 | 17.0% | 18.0% |
| 2022 | $110M | -60.5% | $170M | $2.16 | 7.7% | 11.9% |
| 2021 | $278M | +74.5% | $368M | $5.16 | 19.1% | 25.2% |
| 2020 | $160M | -11.5% | $199M | $2.97 | 13.3% | 16.5% |
| 2019 | $180M | -55.4% | $234M | $3.35 | 13.7% | 17.8% |
| 2018 | $404M | +16.2% | $523M | $7.38 | 27.7% | 35.9% |
| 2017 | $348M | +33.3% | $551M | $6.36 | 24.7% | 39.1% |
| 2016 | $261M | +7.7% | $364M | $4.85 | 25.9% | 36.2% |
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Start ComparisonIPGP — Frequently Asked Questions
Quick answers to the most common questions about buying IPGP stock.
Is IPGP growing earnings?
IPGP EPS is $0.67, with earnings growth accelerating to +117.8%. This exceeds the 5-year CAGR of -24.5%. TTM net income reached $29M.
What are IPGP's profit margins?
IPG Photonics Corporation net margin is +3.1%, with operating margin at +1.3%. Below-average margins reflect competitive or cost pressures.
How consistent are IPGP's earnings?
IPGP earnings data spans 2004-2025. The accelerating earnings trend is +117.8% YoY. Historical data enables comparison across business cycles.