Touchstone
Last syncNov 1, 2026, 6:55 PM ET

IPGP

Ipg Photonics Corp Information Technology Semiconductors & Related Devices Russell 3000
$72.59Close $3.1BMarket cap $69.41 – $153.9152-week range Nov 3, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 13 · weaker than 87% of stocks over 12 months
  • Far from its high 53% below its 52-week high
  • Earnings shrinking EPS −21% year on year
  • Results soon Nov 3, 2026, in 2 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 4, 2026
Off 12-month high 53%
1wk up 2.1% price change
1mo down 7.3% price change
12-month return down 14% market up 11% · its own down 27%
F-score 8 / 9 Exceptional
Altman Z 8.74 Low risk
P/E 98.3× price / earnings
PEG — P/E / EPS growth
P/B 1.4× price / book
Earnings yield up 0.5% EBIT / enterprise value
Cheaper than 44% of the market · around average
Revenue growth up 3% year on year
EPS growth down 21% latest quarter · +37 pts
Sales growth up 11% latest quarter · -5 pts
ROE up 1% return on equity
Free cash margin 0% -$3.5M FCF
D/E — long-term debt / equity
Net debt / EBITDA -5.1× net cash
Interest cover —EBIT / interest
Piotroski tests
  • short-term liquidity weakened
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • no new shares issued
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 34.6% → 38.0%
  • Revenue reaccelerating (-24% then +3%)

Trade setup

ATR% 4.5% $3.25 a day · 2×ATR $66.10
RS 13 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 1.31 50 sessions
Implied move — no option chain · report Nov 3, 2026
Trend template · 1 of 8
  • 200-day average rising for a month: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 4, 2026
Results reaction Aug 4, 2026+4% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.0B +3% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.2B FY2021 · $1.5B FY2022 · $1.4B FY2023 · $1.3B FY2024 · $977.1M FY2025 · $1.0B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $31.1M back to a profit
-$200M $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $159.6M FY2021 · $278.4M FY2022 · $109.9M FY2023 · $218.9M FY2024 · -$181.5M FY2025 · $31.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$3.5M down to a loss
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $197.6M FY2021 · $266.6M FY2022 · $102.5M FY2023 · $185.5M FY2024 · $149.4M FY2025 · -$3.5M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 38%
  • Net 3%
  • Free cash -0%
-20% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 45% · Net 13% · Free cash 16% FY2021 · Gross 48% · Net 19% · Free cash 18% FY2022 · Gross 39% · Net 8% · Free cash 7% FY2023 · Gross 42% · Net 17% · Free cash 14% FY2024 · Gross 35% · Net -19% · Free cash 15% FY2025 · Gross 38% · Net 3% · Free cash -0%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $876.2M · Long-term debt $34.2M FY2021 · Cash $709.1M · Long-term debt $16.0M FY2022 · Cash $698.2M · Long-term debt $0 FY2023 · Cash $514.7M FY2024 · Cash $620.0M FY2025 · Cash $403.8M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 42.13m -21.2% since FY2020
53.43m 42.13m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 53.43m FY2021 · 53.01m FY2022 · 48.14m FY2023 · 46.32m FY2024 · 42.55m FY2025 · 42.13m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $1.2B $1.5B $1.4B $1.3B $977.1M $1.0B
Gross margin 45% 48% 39% 42% 35% 38%
Operating income $198.7M $367.9M $169.5M $232.0M -$208.3M $13.1M
Net income $159.6M $278.4M $109.9M $218.9M -$181.5M $31.1M
Net margin 13% 19% 8% 17% -19% 3%
Earnings per share $2.97 $5.16 $2.16 $4.63 -$4.09 $0.73
Free cash flow $197.6M $266.6M $102.5M $185.5M $149.4M -$3.5M
Free cash margin 16% 18% 7% 14% 15% -0%
Cash $876.2M $709.1M $698.2M $514.7M $620.0M $403.8M
Long-term debt $34.2M $16.0M $0 — — —
Shareholders' equity $2.6B $2.7B $2.4B $2.4B $2.0B $2.1B
Shares outstanding 53.43m 53.01m 48.14m 46.32m 42.55m 42.13m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 4, 2026 Quarterly ↗ Jun 30, 2026 35d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 23, 2026 Annual ↗ Dec 31, 2025 54d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 5, 2025 Quarterly ↗ Jun 30, 2025 36d
May 6, 2025 Quarterly ↗ Mar 31, 2025 36d
Feb 20, 2025 Annual ↗ Dec 31, 2024 51d
Oct 29, 2024 Quarterly ↗ Sep 30, 2024 29d
Jul 30, 2024 Quarterly ↗ Jun 30, 2024 30d
Apr 30, 2024 Quarterly ↗ Mar 31, 2024 30d
Feb 21, 2024 Annual ↗ Dec 31, 2023 52d
Oct 31, 2023 Quarterly ↗ Sep 30, 2023 31d

Current reports

FiledDisclosed
Sep 8, 2026 Material agreement ↗
Aug 4, 2026 Results ↗
Jul 17, 2026 Material agreement · Regulation FD ↗
May 15, 2026 Shareholder vote ↗
May 5, 2026 Results · Other events ↗
Mar 16, 2026 Other events ↗
Feb 25, 2026 Other events ↗
Feb 12, 2026 Results ↗
Nov 4, 2025 Results ↗
Oct 3, 2025 Director or officer change ↗
Aug 5, 2025 Results ↗
Jul 8, 2025 Director or officer change ↗