IPG Photonics Corp
Research IPG Photonics Corp (IPGP) on Bullrun: valuation model: 37.9% overvalued, market cap USD 3.04B, P/E 105.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerIPGP
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySemiconductor Equipment & Materials
- CurrencyUSD
- Valuation signal37.9% overvalued
- Market capUSD 3.04B
- P/E105.7
- Financial periodQ2 2026
- RevenueUSD 278.58M
- Net incomeUSD 5.24M
- Free cash flowUSD 17.08M
- Gross margin40.4%
Valuation Snapshot
Bullrun's latest valuation model marks IPG Photonics Corp as 37.9% overvalued; latest market cap is USD 3.04B; P/E is 105.7.
Peer valuation comparison
Latest P/E is 105.67x versus a Technology sector median of 28.57x (269.8% above).
Latest P/E is 105.67x versus a United States median of 24.87x (325.0% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.00B | USD 31.10M | -USD 3.45M | 38.0% | 0.73 | USD 403.79M | USD 17.25M | USD 2.13B |
| FY2024 | USD 977.13M | -USD 181.53M | USD 149.37M | 34.6% | -4.09 | USD 620.04M | USD 17.96M | USD 2.02B |
| FY2023 | USD 1.29B | USD 218.88M | USD 185.50M | 42.1% | 4.63 | USD 514.67M | USD 0 | USD 2.42B |
| FY2022 | USD 1.43B | USD 109.91M | USD 102.51M | 38.9% | 2.16 | USD 698.21M | USD 16.03M | USD 2.39B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 3.04B | 105.7 | n/a | n/a |
| 2025 | 2025-12-31 | USD 3.02B | 98.1 | n/a | n/a |
| 2024 | 2024-12-31 | USD 3.09B | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 5.09B | 59.3 | n/a | n/a |
| 2022 | 2022-12-30 | USD 4.61B | 18.6 | n/a | n/a |
| 2021 | 2021-12-31 | USD 9.13B | 33.4 | n/a | n/a |
About IPG Photonics Corp
IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems;
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Frequently asked questions
Is IPG Photonics Corp overvalued or undervalued?
Bullrun's valuation model currently marks IPG Photonics Corp as 37.9% overvalued.
What is IPG Photonics Corp's market cap?
IPG Photonics Corp's market capitalization is USD 3.04B.
What is IPG Photonics Corp's P/E ratio?
IPG Photonics Corp's price-to-earnings (P/E) ratio is 105.7.
What does IPG Photonics Corp do?
IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions.