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IPG Photonics revenue
IPG Photonics's revenue is $977.1 million.
What is IPG Photonics's revenue?
- IPG Photonics's revenue growth from 2005 to 2024 is 913.78%.
- IPG Photonics has 4,362 employees, and the revenue per employee ratio is $224,010.
- IPG Photonics's peak quarterly revenue was $413.6M in 2018(q2).
- IPG Photonics peak revenue was $1.5B in 2021.
- IPG Photonics annual revenue for 2023 was 1.3B, -9.94% growth from 2022.
- IPG Photonics annual revenue for 2024 was 977.1M, -24.1% growth from 2023.
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IPG Photonics historical revenue
IPG Photonics's peak revenue was $1.5B in 2021. The peak quarterly revenue was $413.6M in 2018(q2).
IPG Photonics's revenue increased from $96.4m in 2005 to $977.1M currently. That's a 913.78% change in annual revenue.
IPG Photonics annual revenue
IPG Photonics annual revenue over time
| Fiscal year / year | IPG Photonics revenue |
|---|---|
| 2009 | $185.9M |
| 2010 | $299.3M |
| 2011 | $474.5M |
| 2012 | $562.5M |
| 2013 | $648.0M |
| 2014 | $769.8M |
| 2015 | $901.3M |
| 2016 | $1.0B |
| 2017 | $1.4B |
| 2018 | $1.5B |
| 2019 | $1.3B |
| 2020 | $1.2B |
| 2021 | $1.5B |
| 2022 | $1.4B |
| 2023 | $1.3B |
| 2024 | $977.1M |
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IPG Photonics annual growth
IPG Photonics saw the greatest revenue growth in 2010, when revenue increased by 60.98%.
IPG Photonics had the lowest revenue growth in 2009, when revenue changed by -18.85%.
IPG Photonics annual growth rate over time
| Year | IPG Photonics growth |
|---|---|
| 2009 | -19%↓ |
| 2010 | 61%↑ |
| 2011 | 59%↑ |
| 2012 | 19%↑ |
| 2013 | 15%↑ |
| 2014 | 19%↑ |
| 2015 | 17%↑ |
| 2016 | 12%↑ |
| 2017 | 40%↑ |
| 2018 | 4%↑ |
| 2019 | -10%↓ |
| 2020 | -9%↓ |
| 2021 | 22%↑ |
| 2022 | -2%↓ |
| 2023 | -10%↓ |
| 2024 | -24%↓ |
IPG Photonics quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
IPG Photonics quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $45.4M | $40.4M | $45.8M | $54.3M |
| 2010 | $51.2M | $67.3M | $79.8M | $101.0M |
| 2011 | $100.0M | $121.9M | $129.1M | $123.5M |
| 2012 | $123.2M | $137.9M | $156.4M | $145.0M |
| 2013 | $141.9M | $168.2M | $172.2M | $165.9M |
| 2014 | $170.6M | $192.2M | $199.7M | $207.4M |
| 2015 | $199.0M | $235.1M | $243.5M | $223.6M |
| 2016 | $207.2M | $252.8M | $266.0M | $280.1M |
| 2017 | $285.8M | $369.4M | $392.6M | $361.1M |
| 2018 | $359.9M | $413.6M | $356.3M | $330.1M |
| 2019 | $315.0M | $363.8M | $329.1M | $306.6M |
| 2020 | $249.2M | $296.4M | $318.4M | $336.6M |
| 2021 | $345.6M | $371.7M | $379.2M | $364.5M |
| 2022 | $370.0M | $377.0M | $349.0M | $333.5M |
| 2023 | $347.2M | $340.0M | $301.4M | $298.9M |
| 2024 | $252.0M | $257.6M | $233.1M | $234.3M |
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IPG Photonics financial information
| CEO | Eugene Scherbakov Ph.d |
| Industry | Technology Hardware & Equipment |
| Company Type | Public |
| Employees Number | 4,362 |
| Date Founded | 1990 |
| Headquarters | Oxford, Massachusetts |
| Number of Locations | 11 |
| Revenue | $977.1M |
| Net Income | $109,909,000 |
| Gross Proft | $338.2M (2024) |
| PE Ratio | -41.82 |
| Tax Rate | -0.1% |
| Market Capitalization | $7.6B |
| Total Assets | $2,743,280,000 |
| Ticker | IPGP |
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IPG Photonics financing
IPG Photonics received early financing of $80.0M on 2000-09-21.
| Series | Round size | Date |
|---|---|---|
| Series B | $80M | 09/2000 |
IPG Photonics investors
| Investors | Security type |
|---|---|
| Robertson Stephens Partners | Series B |
| MERRILL LYNCH & CO. INC. | Series B |
| TA Associates | Series B |
| Winston Partners | Series B |
IPG Photonics competitors
IPG Photonics's top competitor, Danaher, earned an annual revenue of $23.9B.
IPG Photonics's smallest competitor is Myers Power Products with revenue of $720.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Whirlpool | $49,382 | $16.6B | 78,000 | 161 |
| Qorvo | $92,731 | $3.8B | 7,900 | 1 |
| Lam Research | $99,371 | $14.9B | 14,100 | 146 |
| Skyworks Solutions | $100,511 | $4.2B | 11,300 | 146 |
| Danaher | $65,463 | $23.9B | 80,000 | 1,400 |
| Boston Scientific | $60,291 | $16.7B | 36,000 | 760 |
| Maxim Integrated | $67,462 | $2.6B | 7,100 | 1 |
| Hillrom | $59,479 | $3.0B | 10,000 | 107 |
| Dover | $51,410 | $7.7B | 23,000 | 421 |
| Ardent Technologies | $73,368 | $1.6M | 30 | - |
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Zippia gives an in-depth look into the details of IPG Photonics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about IPG Photonics. The employee data is based on information from people who have self-reported their past or current employments at IPG Photonics. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by IPG Photonics. The data presented on this page does not represent the view of IPG Photonics and its employees or that of Zippia.
IPG Photonics may also be known as or be related to IPG PHOTONICS CORP, IPG Photonics, IPG Photonics Corp., IPG Photonics Corporation, Ipg Photonics and Ipg Photonics Corporation.