The table below shows IPG PHOTONICS CORP's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$1.00B
$977.13M
$1.29B
$1.43B
$1.46B
$1.20B
Cost of revenue
$622.31M
$638.98M
$745.74M
$874.13M
$764.46M
$661.73M
Gross profit
$381.46M
$338.15M
$541.70M
$555.41M
$696.40M
$539.00M
R&D
$117.40M
$109.78M
$98.70M
$116.11M
$139.57M
$126.90M
IPGP annual revenue (10-K history)
IPG PHOTONICS CORP reported annual revenue of $1.00B for fiscal year 2025. That is up 2.7% from $977.13M in fiscal 2024. Over the 10 fiscal years shown, annual revenue declined from $1.01B (FY 2016) to $1.00B. Figures come from the company's audited annual reports as filed with the SEC.