IPGP · XBRL financial data

Ipg Photonics financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (IPGP's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	299*	252	258	233	234*	228	251	251	274*	265	279	288
Cost of revenue	185*	154	161	179	144*	138	157	152	175*	166	166	170
Gross profit	114*	98	96	54	90*	90	94	99	99*	99	113	117
Research and development	28*	29	27	27	26*	28	30	30	29*	33	31	31
General and administrative	35*	31	32	33	29*	33	35	35	40*	36	37	38
Total operating expenses	85*	78	84	307	76*	88	93	91	96*	107	108	96
Operating income (loss)	29*	19	12	(253)	14*	2	0	8	3*	(8)	5	21
Other income (expense)	0*	0	0	(0)	1*	1	0	1	0*	2	1	(0)
Income tax expense (benefit)	1*	10	5	(9)	14*	7	2	8	(3)*	(1)	7	8
Net income (loss)	41*	24	20	(234)	8*	4	7	7	13*	2	5	20
Earnings per share, basic USD per share	0.89*	0.52	0.45	(5.33)	0.18*	0.09	0.16	0.18	0.32*	0.04	0.12	0.48
Earnings per share, diluted USD per share	0.89*	0.52	0.45	(5.33)	0.18*	0.09	0.16	0.18	0.31*	0.04	0.12	0.47
Weighted average shares, basic millions of shares	47*	46	45	44	43*	43	42	42	42*	42	42	43
Weighted average shares, diluted millions of shares	47*	46	45	44	42*	43	43	43	43*	43	43	43

Fiscal quarters (IPGP's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	515	496	721	884	620	363	359	346	404	481	399	711
Short-term investments	663	644	343	135	310	564	540	524	436	332	472	215
Accounts receivable	219	184	176	164	171	177	201	166	182	192	182	191
Inventory	454	432	401	321	285	288	304	324	313	319	331	338
Prepaid and other current assets	38	49	47	40	27	35	41	46	46	58	55	54
Total current assets	1,915	1,830	1,718	1,570	1,431	1,443	1,474	1,435	1,423	1,433	1,479	1,543
Property and equipment, net	602	586	593	590	588	603	621	622	638	636	642	648
Right-of-use asset	14	—	—	—	15	—	—	—	17	—	—	—
Goodwill	39	38	38	38	67	69	72	72	72	71	70	70
Total assets	2,699	2,598	2,495	2,355	2,289	2,317	2,379	2,381	2,424	2,422	2,425	2,472
Accounts payable	29	27	26	40	35	38	42	40	39	55	43	49
Accrued liabilities	181	163	161	151	152	153	171	171	185	185	192	205
Current portion of long-term debt	0	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	215	192	190	194	205	197	217	213	234	247	239	258
Lease liability, non-current	14	14	13	12	13	12	12	12	12	11	11	11
Total liabilities	284	258	242	241	265	257	275	276	296	306	297	317
Retained earnings	2,795	2,819	2,840	2,606	2,614	2,618	2,624	2,632	2,645	2,647	2,652	2,672
Total stockholders' equity	2,415	2,341	2,253	2,115	2,024	2,060	2,105	2,105	2,128	2,116	2,127	2,155
Total liabilities and equity	2,699	2,598	2,495	2,355	2,289	2,317	2,379	2,381	2,424	2,422	2,425	2,472
Common shares outstanding (cover page) millions of shares	46	46	44	43	43	43	42	42	42	42	43	43

Fiscal quarters (IPGP's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	41*	24	20	(234)	8*	4	7	7	13*	2	5	20
Stock-based compensation	12*	10	9*	11*	8*	11	11*	11*	10*	10	10*	11*
Depreciation and amortization	17*	16	15*	15*	15*	15	16*	16*	20*	16	16*	16*
Net cash from operating activities	106*	55	53*	66*	74*	13	(2)*	35*	29*	(5)	38*	46*
Purchases of property and equipment	25*	28	24*	23*	23*	25	15*	21*	18*	16	21*	17*
Net cash from investing activities	(75)*	24	285*	163*	(263)*	(274)	13*	(31)*	28*	95	(119)*	268*
Share repurchases	64*	90	122*	74*	57*	—	—	16*	7*	0	0*	3*
Repayments of long-term debt	0*	0	0*	0*	0*	—	—	—	year only	—	—	—
Net cash from financing activities	(60)*	(91)	(119)*	(74)*	(55)*	(6)	(29)*	(16)*	(3)*	(12)	1*	(3)*
Net change in cash	(14)*	(18)	224*	163*	(264)*	(257)	(4)*	(13)*	58*	77	(81)*	311*

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Ipg Photonics	711	288	46*	42.5M	—	Q3 FY26 10-QSep 30, 2026
Kulicke & Soffa Industries	369	330	45*	52.3M	—	Q3 FY26 10-QJul 4, 2026
Formfactor	138	281	104*	78.4M	—	Q3 FY26 10-QSep 26, 2026
Vishay Intertechnology	1,140	979	146*	not reported	—	Q3 FY26 10-QOct 3, 2026
SYNAPTICS	443	308*	68*	39.1M	—	Q4 FY26 10-KJun 27, 2026
Solaredge Technologies	527	346	11*	61.5M	—	Q2 FY26 10-QJun 30, 2026
Applied Optoelectronics	500	192	12*	84.6M	—	Q2 FY26 10-QJun 30, 2026
Ambarella	102	108	(0.3)*	44.1M	14.9 quarters	Q2 FY27 10-QJul 31, 2026
Power Integrations	71	119	22*	55.9M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.