IPG Photonics (IPGP) Revenue & Revenue Breakdown

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IPG Photonics Revenue Highlights

Latest Revenue (Y)

$1.00B

Latest Revenue (Q)

$278.58M

Main Segment (Y)

High Power Continuous Wave CW Lasers

Main Geography (Y)

Asia

IPG Photonics Revenue by Period

IPG Photonics Revenue by Year

Date	Revenue	Change
2025-12-31	$1.00B	2.73%
2024-12-31	$977.13M	-24.10%
2023-12-31	$1.29B	-9.94%
2022-12-31	$1.43B	-2.14%
2021-12-31	$1.46B	21.66%
2020-12-31	$1.20B	-8.66%
2019-12-31	$1.31B	-9.95%
2018-12-31	$1.46B	3.62%
2017-12-31	$1.41B	40.02%
2016-12-31	$1.01B	11.64%
2015-12-31	$901.26M	17.07%
2014-12-31	$769.83M	18.80%
2013-12-31	$648.03M	15.20%
2012-12-31	$562.53M	18.56%
2011-12-31	$474.48M	58.55%
2010-12-31	$299.26M	60.98%
2009-12-31	$185.89M	-18.85%
2008-12-31	$229.08M	21.41%
2007-12-31	$188.68M	31.73%
2006-12-31	$143.22M	48.60%
2005-12-31	$96.39M	58.77%
2004-12-31	$60.71M	79.93%
2003-12-31	$33.74M	52.12%
2002-12-31	$22.18M	-16.27%
2001-12-31	$26.49M	-

IPG Photonics generated $1.00B in revenue during NA 2025, up 2.73% compared to the previous quarter, and up 83.60% compared to the same period a year ago.

IPG Photonics Revenue by Quarter

Date	Revenue	Change
2026-06-30	$278.58M	4.93%
2026-03-31	$265.50M	-3.27%
2025-12-31	$274.47M	9.44%
2025-09-30	$250.79M	0.03%
2025-06-30	$250.72M	10.07%
2025-03-31	$227.79M	-2.79%
2024-12-31	$234.34M	0.51%
2024-09-30	$233.14M	-9.51%
2024-06-30	$257.64M	2.24%
2024-03-31	$252.01M	-15.69%
2023-12-31	$298.89M	-0.83%
2023-09-30	$301.40M	-11.35%
2023-06-30	$339.97M	-2.07%
2023-03-31	$347.17M	4.09%
2022-12-31	$333.54M	-4.43%
2022-09-30	$349.01M	-7.43%
2022-06-30	$377.02M	1.90%
2022-03-31	$369.98M	1.51%
2021-12-31	$364.47M	-3.87%
2021-09-30	$379.15M	2.02%
2021-06-30	$371.66M	7.54%
2021-03-31	$345.58M	2.66%
2020-12-31	$336.63M	5.71%
2020-09-30	$318.44M	7.43%
2020-06-30	$296.41M	18.92%
2020-03-31	$249.24M	-18.71%
2019-12-31	$306.63M	-6.84%
2019-09-30	$329.14M	-9.52%
2019-06-30	$363.77M	15.46%
2019-03-31	$315.05M	-4.55%
2018-12-31	$330.05M	-7.38%
2018-09-30	$356.35M	-13.85%
2018-06-30	$413.61M	14.94%
2018-03-31	$359.86M	-0.33%
2017-12-31	$361.06M	-8.04%
2017-09-30	$392.62M	6.29%
2017-06-30	$369.37M	29.22%
2017-03-31	$285.85M	2.04%
2016-12-31	$280.12M	5.30%
2016-09-30	$266.02M	5.23%
2016-06-30	$252.79M	21.97%
2016-03-31	$207.25M	-7.32%
2015-12-31	$223.63M	-8.18%
2015-09-30	$243.54M	3.57%
2015-06-30	$235.14M	18.18%
2015-03-31	$198.96M	-4.07%
2014-12-31	$207.40M	3.88%
2014-09-30	$199.65M	3.87%
2014-06-30	$192.20M	12.68%
2014-03-31	$170.57M	2.84%
2013-12-31	$165.86M	-3.66%
2013-09-30	$172.15M	2.37%
2013-06-30	$168.17M	18.55%
2013-03-31	$141.85M	-2.19%
2012-12-31	$145.03M	-7.26%
2012-09-30	$156.38M	13.38%
2012-06-30	$137.93M	11.96%
2012-03-31	$123.19M	-0.27%
2011-12-31	$123.52M	-4.29%
2011-09-30	$129.06M	5.85%
2011-06-30	$121.94M	21.99%
2011-03-31	$99.96M	-1.02%
2010-12-31	$100.98M	26.53%
2010-09-30	$79.81M	18.66%
2010-06-30	$67.26M	31.35%
2010-03-31	$51.20M	-5.69%
2009-12-31	$54.29M	18.52%
2009-09-30	$45.81M	13.43%
2009-06-30	$40.38M	-11.06%
2009-03-31	$45.41M	-21.97%
2008-12-31	$58.19M	-6.16%
2008-09-30	$62.01M	10.75%
2008-06-30	$55.99M	5.90%
2008-03-31	$52.88M	-3.98%
2007-12-31	$55.07M	-

IPG Photonics generated $278.58M in revenue during Q2 2026, up 4.93% compared to the previous quarter, and up 122.30% compared to the same period a year ago.

IPG Photonics Revenue Breakdown

IPG Photonics Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Medium And Low Power CW Lasers	$88.18M	$63.69M	$71.67M	$77.08M	$80.50M
Pulsed Lasers	$143.25M	$146.76M	$185.58M	$250.68M	$240.98M
Quasi-Continuous Wave QCW Lasers	$51.77M	$48.02M	$48.65M	$50.21M	$60.67M
High Power Continuous Wave CW Lasers	$308.82M	$332.74M	$524.98M	$613.73M	$687.41M
Laser And Non-Laser Systems	$147.24M	$139.15M	$161.18M	$153.47M	$126.64M
Amplifiers, Laser Systems, Service, Parts, Accessories And Change In Deferred Revenue	-	$246.79M	$295.38M	$284.37M	$264.67M

IPG Photonics's latest annual revenue breakdown by segment (product or service), as of Dec 25: High Power Continuous Wave CW Lasers (41.77%), Laser And Non-Laser Systems (19.92%), Pulsed Lasers (19.38%), Medium And Low Power CW Lasers (11.93%), and Quasi-Continuous Wave QCW Lasers (7.00%).

Quarterly Revenue by Product

Product/Service	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Industrial Solutions	$237.04M	$227.59M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Systems	$58.77M	$51.84M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pulsed Lasers	-	-	$34.46M	$34.16M	$37.97M	$36.66M	$35.93M	$33.47M	$42.54M	$34.82M	$35.01M	$41.42M	$53.00M	$56.15M	$58.68M	$55.22M	$69.85M	$66.93M	$64.76M	$59.05M
High Power Continuous Wave CW Lasers	-	-	$86.70M	$76.55M	$76.15M	$69.42M	$78.40M	$81.33M	$82.22M	$90.79M	$105.44M	$119.51M	$145.99M	$154.03M	$130.28M	$152.77M	$163.00M	$167.69M	$149.39M	$177.79M
Medium Power CW Lasers	-	-	-	$21.14M	$20.74M	$24.40M	$15.11M	$15.76M	$16.21M	$20.94M	$22.37M	$13.84M	$20.64M	$18.92M	$23.67M	$24.52M	-	-	-	-
Quasi Continuous Wave QCW Lasers	-	-	-	$14.77M	$11.63M	$10.89M	$10.18M	$10.55M	$15.79M	$10.86M	$13.84M	$11.28M	$11.35M	$14.08M	$12.78M	$16.31M	-	-	-	-
Laser And Non Laser Systems	-	-	-	$35.59M	$39.75M	$33.05M	$35.27M	$38.67M	$37.50M	$37.49M	$38.19M	$41.38M	$35.93M	$38.44M	$34.60M	$32.52M	-	-	-	-
Amplifiers, Laser Systems, Service Parts, Accessories And Change In Deferred Revenue	-	-	-	-	$64.46M	$53.37M	$57.79M	$67.91M	$56.89M	$71.18M	$66.58M	$70.49M	$73.10M	$72.73M	$64.31M	$68.96M	-	-	-	-
Amplifiers, Laser Systems, Service, Parts, Accessories And Change In Deferred Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$74.23M	$75.82M	-	-	-	-
Laser And Non-Laser Systems	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$44.50M	$37.41M	-	-	-	-
Quasi-Continuous Wave QCW Lasers	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.00M	$15.16M	-	-	-	-

IPG Photonics's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Industrial Solutions (80.13%), and Systems (19.87%).

IPG Photonics Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
JAPAN	$66.37M	$62.35M	$72.33M	$57.87M	$54.08M
North America	$267.18M	$258.89M	$313.99M	$338.71M	$314.98M
Other Asian Geographical Areas	$121.81M	$113.23M	$142.38M	$152.37M	$139.15M
Other European Geographical Areas	$138.54M	$197.15M	$291.34M	$294.48M	$289.14M
Rest Of World	$12.81M	$12.71M	$24.06M	$20.70M	$13.43M
Asia	$480.08M	-	-	-	-
CHINA	$291.90M	$245.00M	$355.32M	$479.93M	$548.35M
Europe	$243.70M	-	-	-	-
GERMANY	$105.16M	$87.80M	$88.03M	$85.49M	$101.74M

IPG Photonics's latest annual revenue breakdown by geography, as of Dec 25: Asia (27.79%), CHINA (16.90%), North America (15.47%), Europe (14.11%), Other European Geographical Areas (8.02%), Other Asian Geographical Areas (7.05%), GERMANY (6.09%), JAPAN (3.84%), and Rest Of World (0.74%).

Quarterly Revenue by Country

Country	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Other Asian Geographical Areas	$31.07M	$30.34M	$32.04M	$29.80M	$26.79M	$33.17M	$31.14M	$29.47M	$27.64M	$24.98M	$30.92M	$29.74M	$38.06M	$43.65M	$40.87M	$39.13M	$33.70M	$38.67M	$32.54M	$35.84M
North America	$72.20M	$71.52M	$74.87M	$62.05M	$73.89M	$56.37M	$60.73M	$57.29M	$76.91M	$63.96M	$88.34M	$71.35M	$78.22M	$76.08M	$91.22M	$82.12M	$88.15M	$77.22M	$93.86M	$81.61M
Rest Of World	$8.38M	$6.47M	$3.50M	$3.93M	$3.52M	$1.86M	$2.27M	$2.84M	$3.48M	$4.12M	$8.53M	$4.71M	$6.55M	$4.28M	$6.18M	$5.63M	$4.86M	$4.03M	$3.92M	$3.60M
Asia	$138.69M	$128.49M	$241.19M	$122.12M	$116.77M	$112.70M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CHINA	$95.73M	$83.80M	$75.74M	$74.14M	$74.17M	$67.86M	$55.62M	$61.77M	$64.88M	$62.73M	$71.06M	$84.41M	$98.57M	$101.29M	$94.85M	$117.95M	$137.38M	$129.75M	$112.23M	$137.21M
Europe	$59.31M	$59.02M	$124.47M	$62.69M	$56.54M	$56.87M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GERMANY	$27.68M	$23.02M	$33.66M	$24.50M	$22.30M	$24.70M	$21.18M	$25.79M	$20.81M	$20.02M	$15.81M	$23.42M	$28.96M	$19.83M	$14.66M	$20.62M	$22.79M	$27.42M	$26.90M	$26.83M
JAPAN	$11.88M	$14.35M	$20.72M	$18.19M	$15.80M	$11.66M	$20.94M	$14.49M	$10.21M	$16.70M	$18.14M	$15.83M	$16.75M	$21.62M	$19.02M	$11.22M	$14.74M	$12.89M	$18.59M	$14.29M
Other European Geographical Areas	$31.64M	$36.00M	$33.94M	$38.19M	$34.24M	$32.17M	$42.45M	$41.48M	$53.72M	$59.50M	$66.11M	$71.95M	$72.86M	$80.42M	$66.74M	$72.33M	$75.41M	$80.00M	$76.43M	$79.78M

IPG Photonics's latest quarterly revenue breakdown by geography, as of Jun 26: Asia (29.10%), CHINA (20.09%), North America (15.15%), Europe (12.45%), Other European Geographical Areas (6.64%), Other Asian Geographical Areas (6.52%), GERMANY (5.81%), JAPAN (2.49%), and Rest Of World (1.76%).

IPG Photonics Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
COMM	CommScope	$4.21B	$319.60M
NIQ	NIQ Global Intelligence	$4.20B	$1.12B
PTRN	Pattern Group Inc. Series A	$1.80B	$598.15M
IPGP	IPG Photonics	$1.00B	$278.58M
ASAN	Asana	$790.81M	$216.43M
FORM	FormFactor	$784.99M	$258.24M
SLAB	Silicon Laboratories	$784.76M	$228.19M
SIMO	Silicon Motion	$640.52M	$188.13M
NAVN	Navan	$536.84M	$171.95M
AMBA	Ambarella	$390.70M	$108.13M
NVTS	Navitas Semiconductor	$45.92M	$10.53M

IPGP Revenue FAQ

What is IPG Photonics’s yearly revenue?

IPG Photonics's yearly revenue for 2025 was $1B, representing an increase of 2.73% compared to 2024. The company's yearly revenue for 2024 was $977.13M, representing a decrease of -24.10% compared to 2023. IPGP's yearly revenue for 2023 was $1.29B, representing a decrease of -9.94% compared to 2022.

What is IPG Photonics’s quarterly revenue?

IPG Photonics's quarterly revenue for Q2 2026 was $278.58M, a 4.93% increase from the previous quarter (Q1 2026), and a 11.11% increase year-over-year (Q2 2025). The company's quarterly revenue for Q1 2026 was $265.5M, a -3.27% decrease from the previous quarter (Q4 2025), and a 16.55% increase year-over-year (Q1 2025). IPGP's quarterly revenue for Q4 2025 was $274.47M, a 9.44% increase from the previous quarter (Q3 2025), and a 17.13% increase year-over-year (Q4 2024).

What is IPG Photonics’s revenue growth rate?

IPG Photonics's revenue growth rate for the last 3 years (2023-2025) was -22.03%, and for the last 5 years (2021-2025) was -31.29%.

What are IPG Photonics’s revenue streams?

IPG Photonics's revenue streams in c 25 are Medium And Low Power CW Lasers, Pulsed Lasers, Quasi-Continuous Wave QCW Lasers, High Power Continuous Wave CW Lasers, and Laser And Non-Laser Systems. Medium And Low Power CW Lasers generated $88.18M in revenue, accounting 11.93% of the company's total revenue, up 38.46% year-over-year. Pulsed Lasers generated $143.25M in revenue, accounting 19.38% of the company's total revenue, down -2.39% year-over-year. Quasi-Continuous Wave QCW Lasers generated $51.77M in revenue, accounting 7.00% of the company's total revenue, up 7.82% year-over-year. High Power Continuous Wave CW Lasers generated $308.82M in revenue, accounting 41.77% of the company's total revenue, down -7.19% year-over-year. Laser And Non-Laser Systems generated $147.24M in revenue, accounting 19.92% of the company's total revenue, up 5.82% year-over-year.

What is IPG Photonics’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of IPG Photonics was High Power Continuous Wave CW Lasers. This segment made a revenue of $308.82M, representing 41.77% of the company's total revenue.