← IPG PHOTONICS CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.0b |
$1.4b
+40.02%
|
$1.5b
+3.62%
|
$1.3b
-9.95%
|
$1.2b
-8.66%
|
$1.5b
+21.66%
|
$1.4b
-2.14%
|
$1.3b
-9.94%
|
$977.1m
-24.10%
|
$1.0b
+2.73%
|
$1.1b
+6.53%
|
|
| Cost of Revenue | $453.9m |
$612.0m
+34.82%
|
$659.6m
+7.78%
|
$708.4m
+7.39%
|
$661.7m
-6.58%
|
$764.5m
+15.53%
|
$874.1m
+14.35%
|
$745.7m
-14.69%
|
$639.0m
-14.32%
|
$622.3m
-2.61%
|
$659.2m
+5.93%
|
|
| Gross Profit | $552.2m |
$796.9m
+44.31%
|
$800.3m
+0.42%
|
$606.2m
-24.25%
|
$539.0m
-11.09%
|
$696.4m
+29.20%
|
$555.4m
-20.24%
|
$541.7m
-2.47%
|
$338.2m
-37.57%
|
$381.5m
+12.81%
|
$410.1m
+7.51%
|
|
| Research and Development Expense | $78.6m | $100.9m | $122.8m | $130.0m | $126.9m | $139.6m | $116.1m | $98.7m | $109.8m | $117.4m | $123.4m | |
| Selling and Marketing Expense | $38.4m | $49.8m | $57.8m | $77.7m | $70.6m | $78.2m | $76.6m | $85.7m | $89.6m | $97.9m | $244.3m | |
| General and Administrative Expense | $66.5m | $80.7m | $102.4m | $107.6m | $110.0m | $125.9m | $131.3m | $125.7m | $124.3m | $143.1m | $148.1m | |
| Amortization of Intangible Assets | $3.8m | $5.9m | $8.2m | $12.9m | $12.0m | $12.4m | $10.5m | $7.9m | $5.9m | $9.8m | — | |
| Operating Lease, Expense | — | — | — | $8.8m | $7.8m | $8.0m | $8.1m | $4.5m | $6.4m | $6.0m | — | |
| Operating Expenses | $187.9m | $245.8m | $276.9m | $372.4m | $340.3m | $328.5m | $385.9m | $309.7m | $546.4m | $368.4m | $367.8m | |
| Operating Income (Loss) | $364.3m |
$551.1m
+51.27%
|
$523.4m
-5.03%
|
$233.8m
-55.33%
|
$198.7m
-15.03%
|
$367.9m
+85.18%
|
$169.5m
-53.93%
|
$232.0m
+36.86%
|
($208.3m)
-189.78%
|
$13.1m
+106.29%
|
$42.3m
+223.11%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | ($4.5m) | ($14.5m) | $6.2m | ($12.8m) | $12.9m | $15.1m | ($4.1m) | $1.4m | ($5.5m) | ($9.4m) | — | |
| Other Nonoperating Income (Expense) | $948k | $22k | $1.9m | $345k | $763k | $437k | $1.2m | $1.2m | $899k | $2.1m | — | |
| Interest Income (Expense), Nonoperating, Net | $1.3m | $737k | $9.1m | $14.2m | $6.3m | ($1.8m) | $12.6m | $41.7m | $45.5m | $29.9m | $29.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $103.8m | $190.5m | $146.9m | $59.8m | $5.5m | $104.0m | $135.0m | $131.6m | $4.9m | $8.4m | $39.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $366.6m | $551.9m | $534.4m | $248.4m | $205.7m | $366.5m | $183.4m | $274.9m | ($161.9m) | $45.1m | $39.8m | |
| Current Income Tax Expense (Benefit) | $118.8m | $181.4m | $134.8m | $83.6m | $58.2m | $95.5m | $100.2m | $69.8m | $45.3m | $27.7m | $12.2m | |
| Income Tax Expense (Benefit) | $105.8m | $204.3m | $130.2m | $68.1m | $45.4m | $88.6m | $72.6m | $56.0m | $19.6m | $14.0m | $12.2m | |
| Net Income (Loss) Attributable to Parent | $260.8m |
$347.6m
+33.31%
|
$404.0m
+16.23%
|
$180.2m
-55.39%
|
$159.6m
-11.46%
|
$278.4m
+74.48%
|
$109.9m
-60.52%
|
$218.9m
+99.14%
|
($181.5m)
-182.93%
|
$31.1m
+117.13%
|
$27.6m
-11.37%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($36k) | ($26k) | $142k | $27k | $766k | ($550k) | $853k | $0 | $0 | — | $27.6m | |
| Earnings Per Share, Basic | $4.91 | $6.50 | $7.55 | $3.40 | $3.00 | $5.21 | $2.17 | $4.64 | ($4.09) | $0.73 | $0.65 | |
| Earnings Per Share, Diluted | $4.85 | $6.36 | $7.38 | $3.35 | $2.97 | $5.16 | $2.16 | $4.63 | ($4.09) | $0.73 | $0.65 | |
| Weighted Average Number of Shares Outstanding, Basic | 53.1m | 53.5m | 53.5m | 53.1m | 53.2m | 53.4m | 50.8m | 47.2m | 44.3m | 42.3m | 42.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 53.8m | 54.7m | 54.7m | 53.8m | 53.8m | 53.9m | 50.9m | 47.3m | 44.3m | 42.6m | 42.7m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | $37.1m | $44.6m | $0 | $0 | — | $0 | $0 | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.