IPG Photonics profit margin IPGP
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 2.6%
- Operating margin, 12 months
- 0.7%
- Net margin on a year earlier
- +25.3 pts
- Peer median
- 10.3%
Over the twelve months to Jun 30, 2026, IPG Photonics kept 2.6% of its revenue as net profit, with an operating margin of 0.7% and a gross margin of 38.4%.
Five years earlier its net margin was 16.2%.
The median for 10 semiconductor stocks of a similar size is 10.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 3.1% | 1.3% | 38.0% |
| FY2024 | −18.6% | −21.3% | 34.6% |
| FY2023 | 17.0% | 18.0% | 42.1% |
| FY2022 | 7.7% | 11.9% | 38.9% |
| FY2021 | 19.1% | 25.2% | 47.7% |
| FY2020 | 13.3% | 16.5% | 44.9% |
| FY2019 | 13.7% | 17.8% | 46.1% |
| FY2018 | 27.7% | 35.9% | 54.8% |
| FY2017 | 24.7% | 39.1% | 56.6% |
| FY2016 | 25.9% | 36.2% | 54.9% |
| FY2015 | 26.9% | 38.0% | 54.6% |
| FY2014 | 26.0% | 36.9% | 54.1% |
| FY2013 | 24.0% | 33.7% | 52.5% |
| FY2012 | 25.8% | 37.1% | 54.2% |
| FY2011 | 24.8% | 37.0% | 54.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 2.6% | +25.3 pts | 0.7% | |
| Q1 FY26 | 2.8% | +24.0 pts | 0.3% | |
| Q4 FY25 | 3.1% | +21.7 pts | 1.3% | |
| Q3 FY25 | 2.7% | +16.9 pts | 2.5% | |
| Q2 FY25 | −22.8% | −35.4 pts | −25.1% | |
| Q1 FY25 | −21.2% | −36.5 pts | −23.7% | |
| Q4 FY24 | −18.6% | −35.6 pts | −21.3% | |
| Q3 FY24 | −14.2% | −20.6 pts | −18.6% | |
| Q2 FY24 | 12.7% | +4.9 pts | 10.4% | |
| Q1 FY24 | 15.3% | +8.2 pts | 14.7% | |
| Q4 FY23 | 17.0% | +9.3 pts | 18.0% | |
| Q3 FY23 | 6.4% | −11.9 pts | 8.7% |
Against its peers
Companies in Semiconductors nearest IPG Photonics' size, closest first, today.
| Company | Profit margin |
|---|---|
| IPGPIPG Photonics | 2.6% |
| OSISOSI Systems | 8.7% |
| PENGPenguin Solutions | 10.4% |
| ACLSAxcelis Technologies | 10.7% |
| POWIPower Integrations | 5.6% |
| ACMRACM Research | 14.5% |
| VECOVeeco Instruments | 3.4% |
| DIODDiodes | 5.3% |
| KLICKulicke & Soffa Industries | 12.2% |
| ENPHEnphase Energy | 10.1% |
| PLABPhotronics | 19.0% |
| Peer median | 10.3% |
Where IPG Photonics ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on IPG Photonics
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.