IPG Photonics (IPGP) revenue breakdown
By product, High Power Continuous Wave ("CW") Lasers is the largest at 31% of fiscal 2025 revenue; Laser and Non-Laser Systems grew fastest, 14% a year over 7 years.
By region, China is the largest at 29% of fiscal 2025 revenue; North America grew fastest, 4% a year over 7 years.
Revenue by product
Fiscal years, as IPG Photonics reports them in its 10-K filings; fiscal 2025 total $1.0B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| High Power Continuous Wave ("CW") Lasers | $910M | $735M | $646M | $687M | $614M | $525M | $333M | $309M | 31% |
| Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories | $166M | $187M | $201M | $265M | $284M | $295M | $247M | $265M | 26% |
| Laser and Non-Laser Systems | $59M | $142M | $94M | $127M | $153M | $161M | $139M | $147M | 15% |
| Pulsed Lasers | $162M | $138M | $158M | $241M | $251M | $186M | $147M | $143M | 14% |
| Medium Power CW Lasers | $96M | $57M | $51M | $81M | $77M | $72M | $64M | $88M | 9% |
| Quasi-Continuous Wave ("QCW") Lasers | $67M | $56M | $50M | $61M | $50M | $49M | $48M | $52M | 5% |
Revenue by region
Fiscal years, as IPG Photonics reports them in its 10-K filings; fiscal 2025 total $1.0B.
| Regions | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| China | $629M | $492M | $502M | $548M | $480M | $355M | $245M | $292M | 29% |
| North America | $203M | $281M | $246M | $315M | $339M | $314M | $259M | $267M | 27% |
| Other Europe | $297M | $250M | $220M | $289M | $294M | $291M | $197M | $139M | 14% |
| Other | $127M | $122M | $104M | $139M | $152M | $142M | $113M | $122M | 12% |
| Germany | $111M | $81M | $66M | $102M | $85M | $88M | $88M | $105M | 10% |
| Japan | $88M | $72M | $53M | $54M | $58M | $72M | $62M | $66M | 7% |
| Rest of World | $5M | $17M | $10M | $13M | $21M | $24M | $13M | $13M | 1% |
Questions
Where does IPG Photonics make its money?
In fiscal 2025, by product: High Power Continuous Wave ("CW") Lasers $309M, Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories $265M, Laser and Non-Laser Systems $147M, Pulsed Lasers $143M, Medium Power CW Lasers $88M.
From IPG Photonics's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.