OakChart

IPG Photonics Corp

IPGPTechnology·Semiconductor Equipment & Materials·USA·Mid·NASD·Nov 11 • 7:49 AM ET

72.36+2.87 (4.13%)
2026-11-11 14:41 CET
Market cap
2,953.89 USD m
Revenue, TTM
1,106.05 USD m
Net income, TTM
40.37 USD m
Free cash flow, TTM
35.01 USD m
EPS diluted, TTM
0.94
P/E
76.68
Compare

Price

IPGP against its 20, 50 and 200-day averages
2050200beatmiss
60.0080.00100.00120.00705K1.4MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26IPGPclose 72.3620-day 71.6350-day 75.63200-day 100.6572.36

53.6% under 155.82 on 13 Feb 2026. Last 15 sessions, 24.9% high to low

Profile

IPGP
52-week range, 11% of the way up
61.59155.82

IPG Photonics Corp. engages in the provision of design, development, production and distribution of fiber lasers, laser systems, fiber amplifiers, and related optical components. Its products include lasers, beam delivery, medical, telecom equipment, product finder and components such as pump diodes, chillers, and mid-IR crystals. The company was founded by Valentin P. Gapontsev and Igor Samartsev in 1990 and is headquartered in Marlborough, MA.

IndexRUI
Employees4840
IPODec 13, 2006
Beta1.02
ATR, 14d3.90
Rel volume0.04
Short float14.27%
Insider own39.70%
Inst own76.39%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap3.08B
Enterprise Value2.17B
Income40.37M
Sales1.11B
Book/sh50.69
Cash/sh21.78
Dividend Est.-
Dividend TTM-
Dividend Ex-DateDec 19, 2012
Dividend Gr. 3/5Y- -
Payout0.00%
Employees4840
IPODec 13, 2006

Ratios

P/E76.68
Forward P/E31.45
PEG0.52
P/S2.78
P/B1.43
P/C3.32
P/FCF87.86
EV/EBITDA17.43
EV/Sales1.96
Quick Ratio4.68
Current Ratio5.99
Debt/Eq0.01
LT Debt/Eq0.01
Option/ShortYes / Yes

Earnings

EPS (ttm)0.94
EPS next Y2.30
EPS next Q0.44
EPS this Y49.78%
EPS next Y110.42%
EPS next 5Y60.51%
EPS past 3/5Y-30.35% -24.47%
Sales past 3/5Y-11.12% -3.52%
EPS Y/Y TTM57.80%
Sales Y/Y TTM14.78%
EPS Q/Q169.78%
Sales Q/Q14.64%
EarningsNov 03 BMO
EPS/Sales Surpr.1.89% 1.48%

Ownership

Insider Own39.70%
Insider Trans-1.52%
Inst Own76.39%
Inst Trans5.05%
ROA1.66%
ROE1.90%
ROIC1.86%
Gross Margin40.27%
Oper. Margin5.14%
Profit Margin3.65%
SMA201.02%
SMA50-4.32%
SMA200-28.11%
Trades-

Technical

Shs Outstand42.51M
Shs Float25.63M
Short Float14.27%
Short Ratio8.00
Short Interest3.66M
52W High155.82 -53.56%
52W Low61.59 17.49%
Volatility7.35% 4.84%
ATR (14)3.90
RSI (14)49.22
Beta1.02
Rel Volume0.04
Avg Volume456.82K
Volume802

Performance

Perf Week3.21%
Perf Month-4.60%
Perf Quarter-13.80%
Perf Half Y-32.12%
Perf YTD1.06%
Perf Year-16.35%
Perf 3Y-20.30%
Perf 5Y-56.87%
Perf 10Y-23.82%
Recom2.00
Target Price106.43
Prev Close69.49
Price72.36
Change %4.13%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
May 06, 2026UpgradeNNeedhamHold → Buy$110+52.0%
Feb 13, 2026DowngradeRRaymond JamesStrong Buy → Outperform$180+148.8%
Nov 05, 2025UpgradeCCitigroupSell → Buy$105+45.1%
Oct 07, 2025InitiatedRRoth CapitalBuy$96+32.7%
Aug 07, 2025UpgradeBBernsteinMkt Perform → Outperform$97+34.1%
Mar 18, 2025UpgradeCCL KingNeutral → Buy$76+5.0%
Dec 04, 2024DowngradeNNorthcoastBuy → Neutral
Aug 01, 2024DowngradeSSeaport Research PartnersBuy → Neutral
Jul 31, 2024DowngradeTThe Benchmark CompanyBuy → Hold
Feb 15, 2024DowngradeCCitigroupNeutral → Sell$111 → $74+2.3%

Peers

Mkt cap
TickerCompanyMkt cap
LASRnLIGHT Inc2.68B
COHRCoherent Corp46.38B
MKSIMKS Inc15.48B
NOVTNovanta Inc4.69B
VECOVeeco Instruments Inc2.57B
ONTOOnto Innovation Inc10.29B
LITELumentum Holdings Inc58.23B
ESABESAB Corp5.42B
LECOLincoln Electric Holdings Inc15.46B
CGNXCognex Corp8.86B

Insider trading

latest 14 of 69
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Valentin Gapontsev Trust I10% OwnerNov 03 '26Sale75.1814,6321,100,0346,622,234Nov 04 04:18 PM
Valentin Gapontsev Trust I10% OwnerNov 02 '26Sale75.186,020452,5846,636,866Nov 04 04:18 PM
IP FIBRE DEVICES LTD10% OwnerOct 02 '26Sale85.6415,3611,315,5156,390,628Oct 06 04:42 PM
SCHERBAKOV EUGENE ADirectorOct 02 '26Sale85.303,048259,99445,162Oct 06 04:40 PM
IP FIBRE DEVICES LTD10% OwnerOct 02 '26Proposed Sale85.64135,00011,561,400Oct 02 04:23 PM
SCHERBAKOV EUGENE A10% OwnerOct 02 '26Proposed Sale85.307,620649,986Oct 02 04:12 PM
Valentin Gapontsev Trust IIOfficerSep 22 '26Proposed Sale77.7811,688909,072Sep 22 04:00 PM
Valentin Gapontsev Trust I10% OwnerSep 01 '26Sale75.1418,0911,359,3586,652,192Sep 03 04:23 PM
Valentin Gapontsev Trust I10% OwnerSep 02 '26Sale75.959,306706,8286,642,886Sep 03 04:23 PM
PEELER JOHN RDirectorAug 26 '26Buy73.582,710199,40020,886Aug 27 04:27 PM
IP FIBRE DEVICES LTD10% OwnerAug 05 '26Sale96.1218,1111,740,7616,405,989Aug 06 04:10 PM
IP FIBRE DEVICES LTD10% OwnerAug 04 '26Sale95.1812,2021,161,3866,424,100Aug 06 04:10 PM
IP FIBRE DEVICES LTD10% OwnerJul 31 '26Sale85.8127,0002,316,8996,436,302Aug 04 04:58 PM
SCHERBAKOV EUGENE ADirectorJul 31 '26Sale86.611,524131,99448,210Aug 04 04:56 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 689.41B
IJHiShares Core S&P Mid-Cap ETFAUM: 124.95B
VGTVanguard Information Technology ETFAUM: 139.52B
VBVanguard Morningstar Small-Cap ETFAUM: 79.96B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.54B
ROBOROBO Global Robotics and Automation Index ETFAUM: 1.82B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.50B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.56B
VXFVanguard Extended Market Index ETFAUM: 30.61B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.57B

News

latest 14 of 206
  • IPG Photonics Beats On An Advanced Solutions Surge, But Cooling Bookings And A Sequential Q4 Dip Temper The Quarter (Earnings Whispers)
  • IPG: Q3 Earnings Snapshot (Associated Press)
  • IPG Photonics Announces Third Quarter 2026 Financial Results (GlobeNewswire)
  • IPG Photonics Must Prove Its Margin Story Survives Without The Tariff Refund (Earnings Whispers)
  • IPG Photonics to Announce Third Quarter 2026 Financial Results on November 3 (GlobeNewswire)
  • Loading…
  • Was There Any Sign Coherent Stock Would Run? (Trefis)
  • IPG Defense to Display CROSSBOW High-Energy Laser Systems at Land Forces 2026 in Perth (GlobeNewswire)
  • Your Coherent Stock Thesis Has One Loose End (Trefis)
  • What Needs To Be True To Buy Coherent Stock Now? (Trefis)
  • What Does Amphenol Offer That Coherent Does Not? (Trefis)
  • Why Coherent Stock Jumped Before Its Own Results Landed (Trefis)
  • LITE Vs. COHR Vs. AAOI Vs. IPGP: Which Photonics Stock Do Retail Traders Prefer? (Stocktwits)
  • IPG Photonics Corp (IPGP) (Q2 2026) Earnings Call Highlights: Record Growth and Strategic Expansion (GuruFocus.com) +7.88%

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-030.4700.4610.470287.5283.318
2026Q22026-08-040.1200.3660.122278.58279.988
2026Q12026-05-050.0400.2710.037265.5256.997
2025Q42026-02-120.3100.1890.311274.47249.536
2025Q32025-11-040.1800.1340.175250.79239.818
2025Q22025-08-050.1600.0980.155250.72229.598
2025Q12025-05-060.0900.1950.088227.79225.038
2024Q42025-02-110.1800.2110.183234.34229.088
2024Q32024-10-29-5.3300.192-5.329233.14227.899
2024Q22024-07-300.4500.5010.448257.65259.359
2024Q12024-04-300.5200.4870.522252.01255.538
2023Q42024-02-130.8900.9500.888298.89287.037
2023Q32023-10-311.1601.0071.161301.4314.657
2023Q22023-08-011.3101.2441.313339.97346.787
2023Q12023-05-021.2601.1391.259347.17330.66
2022Q42023-02-14-1.9100.890-1.907333.54320.157

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY3.3504.2283.3481,3151,294
2020FY2.9703.0742.9671,2011,179
2021FY5.1605.1505.1631,4611,452
2022FY2.1604.6942.1581,4301,416
2023FY4.6304.6874.6261,2871,276
2024FY-4.090-4.077-4.094977.13971.04
2025FY0.7300.6160.7301,004979.46
2026FY-1.093--1,118
2027FY-2.301--1,211
2028FY-3.019--1,328
2029FY-3.600--1,303
2030FY-4.250--1,474

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-08814286.93280294.32
2026Q4S2026-11-06714285.91280294.32
2026Q4S2026-11-03713287.95280294.32
2026Q4S2026-10-19700290.52277298.29
2026Q4S2026-10-18701290.52277298.3
2026Q4S2026-09-24731290.52277298.3
2026Q4S2026-08-14631290.43277298.3
2026Q4S2026-08-05731290.73277298.3
2026Q4S2026-08-04730292.42277299.83
2026Q4S2026-08-01700290.08277299.83
2026Q4S2026-07-20710290.08277299.83
2026Q4S2026-07-19720290.08277299.83
2026Q4S2026-07-17731290.08277299.83
2026Q4S2026-07-16731290.09277299.83

Estimate history

EPS, annual6.367.383.3482.9675.1632.1584.626-4.0940.7290.9437
Period201720182019202020212022202320242025TTM
EPS, quarterly-5.3290.1830.0880.1550.1750.3110.0370.1220.473
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1408.8891459.8741314.5811200.7241460.861429.5471287.439977.1341003.7771106.05
Period201720182019202020212022202320242025TTM
Sales, quarterly233.143234.337227.793250.721250.792274.471265.497278.58287.5
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual53.62952.94253.01153.42753.0148.13846.32142.54942.12742.508
Period201720182019202020212022202320242025MRQ
Shares, quarterly43.24842.54942.72942.3342.1242.12742.44342.53442.508
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,106.051,003.78977.131,287.441,429.551,460.861,200.721,314.581,459.87
Cost of Goods Sold Incl. D&A660.66592.21638.98749.22876.52775.64623.60677.25649.96
Gross Profit445.39411.57338.15538.22553.03685.22577.12637.33809.92
Selling, General and Administrative Excl. Other371.31358.40323.68306.65321.62332.45300.24307.56279.68
Research and Development124.42117.40109.7898.70116.11139.57126.77129.36122.13
Other Operating Expense17.2430.110.000.000.000.0045.3838.9012.98
Operating Income56.8423.0614.48231.57231.40352.76231.51290.87517.25
Interest Expense-----1.84---
Unusual Expense31.320.6027.010.9589.210.0046.3844.250.02
Net Income Before Taxes52.5345.10-161.89274.88183.35366.48205.69248.38534.39
Income Taxes12.1614.0019.6456.0072.5988.6145.3568.11130.23
Consolidated Net Income40.3731.10-181.53218.88110.76277.87160.34180.26404.17
Net Income From Continuing Operations40.3731.10-181.53218.88109.91278.42159.57180.23404.03
Net Income40.3731.10-181.53218.88109.91278.42159.57180.23404.03
EPS (Recurring)1.450.74-3.674.643.385.163.573.927.38
EPS (Basic, Before Extraordinaries)0.950.73-4.094.642.175.213.003.407.55
EPS (Diluted)0.940.73-4.094.632.165.162.973.357.38
EBITDA124.2789.9175.92301.19320.31447.35326.06387.14597.53
Non-Operating Income (Expense)27.0122.64-149.3644.2641.1515.5620.561.7617.16
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense32.6133.5822.8830.9430.0729.9128.1628.4621.39
Price To Earnings Ratio73.6473.64-59.4518.5733.3475.3143.3415.35
Price To Sales Ratio3.033.043.303.993.376.3510.025.944.25
Gross Margin40.2741.0034.6141.8138.6946.9148.0648.4855.48
Operating Margin5.142.301.4817.9916.1924.1519.2822.1335.43
Net Margin3.653.10-18.5817.007.6919.0613.2913.7127.68
Shares Outstanding42.5142.1342.5546.3248.1453.0153.4353.0152.94
Market Capitalization2,953.892,953.893,145.005,092.974,611.799,176.5911,928.167,690.906,049.69

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue287.50278.58265.50274.47250.79250.72227.79234.34
Cost of Goods Sold Incl. D&A163.78160.35161.13175.40146.08165.13137.98143.99
Gross Profit123.72118.23104.3799.07104.7185.5989.8190.34
Selling, General and Administrative Excl. Other92.7791.3793.9493.2489.2274.5585.5776.50
Research and Development31.3431.0033.3128.7730.3629.9428.3425.74
Other Operating Expense6.665.704.870.005.717.840.000.00
Operating Income24.2821.165.565.839.783.204.2413.85
Unusual Expense0.2317.4113.500.180.420.000.000.44
Net Income Before Taxes28.4112.541.0210.5615.658.2710.6222.01
Income Taxes8.147.30-0.56-2.718.191.676.8614.20
Consolidated Net Income20.275.241.5813.277.466.613.767.82
Net Income From Continuing Operations20.275.241.5813.277.466.613.767.82
Net Income20.275.241.5813.277.466.613.767.82
EPS (Recurring)0.480.410.260.310.180.160.090.19
EPS (Basic, Before Extraordinaries)0.480.120.040.320.180.160.090.18
EPS (Diluted)0.470.120.040.310.180.160.090.18
EBITDA40.2436.6821.4625.8925.4219.0319.5828.67
Non-Operating Income (Expense)4.368.798.964.906.295.076.388.60
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense8.718.128.107.688.498.928.504.77
Price To Earnings Ratio73.64172.83157.06119.15----
Price To Sales Ratio3.034.714.723.043.503.092.843.18
Gross Margin43.0342.4439.3136.1041.7534.1439.4338.55
Operating Margin8.457.592.102.133.901.281.865.91
Net Margin7.051.880.604.832.982.631.653.33
Shares Outstanding42.5142.5342.4442.1342.1242.3342.7342.55
Market Capitalization2,953.894,979.484,834.713,016.113,343.392,920.012,686.523,145.00

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments839.33930.191,177.481,177.581,514.511,391.071,182.621,044.791,116.16
Short Term Receivables185.20175.87228.44219.97271.47273.32248.12265.61237.28
Inventories313.42284.78453.87509.36460.75364.99380.79403.58307.71
Other Current Assets85.5040.1654.8679.36100.97118.7085.1091.4492.86
Total Current Assets1,423.441,430.991,914.651,986.272,347.682,148.081,896.631,805.421,754.01
Net Property, Plant & Equipment661.74608.38619.93599.81661.61625.75631.47550.11466.48
Total Investments and Advances76.530.000.000.200.000.002.914.700.00
Intangible Assets121.67122.6264.7772.4491.29103.48156.36187.86107.05
Deferred Tax Assets123.89115.0388.7975.1547.7643.2031.3919.1626.98
Other Assets17.0112.2410.759.4022.2015.1911.667.2012.73
Total Assets2,424.282,289.262,698.902,743.283,170.542,935.702,730.442,574.452,367.26
Short Term Debt Incl. Current Port. of LT Debt5.074.834.6021.2723.589.599.043.673.60
Accounts Payable39.2935.3828.6246.2355.8425.7527.3336.3035.11
Income Tax Payable9.9017.594.899.628.648.2811.0551.1615.77
Other Current Liabilities179.78147.21176.75197.53225.37170.96144.48154.64144.42
Total Current Liabilities234.04205.02214.86274.65313.43214.58191.90245.77198.90
Long Term Debt12.1813.1213.6616.7934.5552.6058.3841.7145.38
Provision for Risks Charges14.1212.9519.9324.3623.6621.3256.0258.5866.82
Deferred Tax Liabilities24.5128.0618.68------
Other Liabilities11.315.6316.3842.1351.6753.0821.7022.1633.83
Total Liabilities296.15264.79283.51357.92423.32341.59327.99368.21344.93
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,128.132,024.472,415.392,385.362,746.582,592.822,401.732,205.552,022.32
Total Shareholders Equity2,128.132,024.472,415.392,385.362,746.582,592.822,401.732,205.552,022.32
Accumulated Minority Interest0.000.000.000.000.641.290.720.690.00
Total Equity2,128.132,024.472,415.392,385.362,747.222,594.112,402.442,206.242,022.32
Total Liabilities & Stockholders Equity2,424.282,289.262,698.902,743.283,170.542,935.702,730.442,574.452,367.26
Book Value Per Share50.5247.5852.1449.5551.8148.5345.3141.6637.71
Tangible Book Value Per Share47.6344.7050.7548.0550.0946.5942.3638.1135.71
Full-Time Employees4,8404,7406,1806,2306,5806,0605,9606,2205,030
Price to Book Ratio1.371.492.141.813.324.613.202.725.86
Return on Assets1.32-7.288.043.729.125.636.8016.3516.72
Return on Equity1.50-8.189.124.2810.436.397.8219.1119.42
Return on Invested Capital1.45-8.919.014.5810.016.037.3317.9816.81
Quick Ratio4.745.596.805.386.028.317.905.707.27
Current Ratio6.086.988.917.237.4910.019.887.358.82

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income40.3731.10-181.53218.88110.76277.87160.34180.26404.17
Depreciation67.4366.8561.4469.6290.5696.3394.5596.2780.27
Other Funds (Non Cash)93.0976.39332.1275.83241.12106.36140.01153.9160.63
Funds from Operations194.11160.66186.38350.54414.87473.67382.09414.95540.50
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-86.77-85.3261.52-54.56-202.22-83.97-96.75-91.43-147.20
Income Taxes Payable-2.37-31.19-0.6817.05-14.1335.86-23.34-43.9435.21
Cash from Operating Activities107.3475.34247.90295.99212.65389.70285.33323.52393.30
Capital Expenditures-72.33-78.80-98.52-110.48-110.14-123.11-87.70-133.54-160.34
Net Assets From Acquisitions0.510.51-92.060.00-4.500.00-0.43-15.12-109.11
Sale of Fixed Assets and Businesses2.520.9228.5831.2479.801.410.890.661.86
Purchase or Sale of Investments339.16-187.90370.31-158.87329.33-293.07-12.337.78-294.98
Purchase of Investments-445.65-943.32-713.15-1,232.86-1,117.02-1,940.61-1,111.56-760.30-765.31
Sale Or Maturity of Investments784.81755.421,083.461,073.991,446.361,647.541,099.22768.08470.33
Other Uses0.000.000.000.00-0.04-1.51-0.010.000.00
Other Sources2.080.040.430.560.000.000.000.240.41
Cash from Investing Activities271.94-265.23208.73-237.55294.45-416.28-99.57-139.97-562.16
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-9.18-53.13-339.62-220.35-493.92-118.63-4.69-33.40-163.88
Repurchase of Common Pref Stock-9.18-53.13-343.82-223.50-499.51-134.89-37.88-40.73-176.06
Sale of Common Pref Stock0.000.004.203.155.5816.2633.197.3412.18
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.00-16.03-18.13-3.81-3.74-3.67-3.60
Change in Long Term Debt0.000.000.00-16.03-18.13-3.81-3.74-3.67-3.60
Issuance of Long Term Debt0.000.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.00-16.03-18.13-3.81-3.74-3.67-3.60
Net Financing Active Other Cash Flow-7.80-1.060.000.000.00-2.62-1.650.000.00
Other Financing Activities Uses-7.80-1.060.000.000.00-2.62-1.650.000.00
Cash from Financing Activities-16.97-54.19-339.62-236.38-512.05-125.07-10.08-37.07-167.49
Exchange Rate Effect2.8327.83-11.64-5.59-5.95-17.8019.89-7.85-29.20
Net Change in Cash365.14-216.25105.37-183.53-10.90-169.45195.57138.63-365.54
Free Cash Flow35.01-3.45149.37185.50102.51266.59197.64189.99232.96
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow95.78-21.5827.6947.0334.8260.9041.0726.61
Deferred Taxes & Investment Tax Credit--13.68-25.66-13.79-27.57-6.88-12.81-15.49-4.58

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments925.99871.32812.90839.33870.38899.60
Short Term Receivables198.19187.38198.14185.20169.13202.54
Inventories337.89330.80319.01313.42323.93303.84
Other Current Assets80.5689.27103.0985.5071.0668.18
Total Current Assets1,542.641,478.771,433.141,423.441,434.511,474.16
Net Property, Plant & Equipment648.33641.92636.24661.74622.12621.35
Total Investments and Advances0.0032.6970.5776.5330.170.00
Intangible Assets113.06115.37118.08121.67123.88126.42
Deferred Tax Assets122.23116.83120.93123.89119.55114.27
Other Assets45.7938.9842.6817.0150.7343.26
Total Assets2,472.042,424.572,421.642,424.282,380.962,379.45
Short Term Debt Incl. Current Port. of LT Debt5.305.195.005.074.904.77
Accounts Payable48.7842.8854.7239.2940.2341.52
Income Tax Payable3.863.997.609.902.134.64
Other Current Liabilities199.57187.27179.85179.78166.12166.02
Total Current Liabilities257.51239.32247.18234.04213.38216.95
Long Term Debt10.9111.0711.3212.1812.4612.09
Provision for Risks Charges14.6614.3414.2914.1213.5412.99
Deferred Tax Liabilities25.3723.6424.3124.5127.4324.41
Other Liabilities8.649.028.7511.319.348.46
Total Liabilities317.10297.39305.85296.15276.15274.90
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,154.952,127.182,115.802,128.132,104.812,104.55
Total Shareholders Equity2,154.952,127.182,115.802,128.132,104.812,104.55
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,154.952,127.182,115.802,128.132,104.812,104.55
Total Liabilities & Stockholders Equity2,472.042,424.572,421.642,424.282,380.962,379.45
Book Value Per Share50.6950.0149.8550.5249.9749.72
Tangible Book Value Per Share48.0447.3047.0747.6347.0346.73
Full-Time Employees---4,840--
Price to Book Ratio1.372.352.271.431.591.42
Return on Assets1.661.151.221.321.08-8.84
Return on Equity1.901.301.391.501.22-9.89
Return on Invested Capital0.940.250.070.620.350.31
Quick Ratio4.684.804.514.745.205.39
Current Ratio5.996.185.806.086.726.79

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income20.275.241.5813.277.466.61
Depreciation15.9615.5215.8920.0515.6315.83
Other Funds (Non Cash)20.8037.4318.6016.2718.9221.01
Funds from Operations51.2261.4938.2543.1536.7435.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-5.02-23.70-43.71-14.34-1.43-37.22
Income Taxes Payable5.8811.13-13.34-6.041.77-15.23
Cash from Operating Activities46.2037.79-5.4628.8135.31-2.22
Capital Expenditures-17.41-20.71-16.31-17.89-20.73-15.36
Net Assets From Acquisitions0.000.000.000.510.000.00
Sale of Fixed Assets and Businesses1.200.190.810.320.040.38
Purchase or Sale of Investments283.80-100.08110.6744.77-10.7227.85
Purchase of Investments-81.99-253.87-32.87-76.92-286.59-246.81
Sale Or Maturity of Investments365.79153.80143.54121.69275.87274.65
Other Uses0.000.000.000.000.000.00
Other Sources0.032.010.08-0.030.020.00
Cash from Investing Activities267.61-118.5995.2527.67-31.3912.87
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-2.650.000.00-6.53-46.600.00
Repurchase of Common Pref Stock-2.650.000.00-6.53-46.600.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow-0.300.96-11.713.2630.14-28.79
Other Financing Activities Uses-0.300.96-11.713.2630.14-28.68
Cash from Financing Activities-2.950.96-11.71-3.27-16.46-28.79
Exchange Rate Effect0.52-1.15-1.104.55-0.6114.27
Net Change in Cash311.38-80.9876.9757.76-13.16-3.86
Free Cash Flow28.7917.08-21.7710.9214.57-17.57
Price to Free Cash Flow95.78242.07--92.9845.22

Revenue breakdown

Amplifiers, Laser Systems, Service, Parts, Accessories2024: 246.79M 2025: 264.51M
High Power Continuous Wave CW Lasers2024: 332.74M 2025: 308.83M
Laser And Non-Laser Systems2024: 139.15M 2025: 147.24M
Medium And Low Power CW Lasers2024: 63.69M 2025: 88.18M
Pulsed Lasers2024: 146.76M 2025: 143.25M
Quasi-Continuous Wave QCW Lasers2024: 48.02M 2025: 51.77M
China2024: 245.00M 2025: 291.91M
Germany2024: 87.80M 2025: 105.16M
Japan2024: 62.35M 2025: 66.37M
North America2024: 258.89M 2025: 267.18M
Other Asian Geographical Areas2024: 113.23M 2025: 121.81M
Other European Geographical Areas2024: 197.15M 2025: 138.54M
Rest Of World2024: 12.71M 2025: 12.81M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3014.27%3.7M25.6M461.44K
2026-10-1515.25%3.9M25.7M468.01K
2026-09-3014.53%3.7M25.6M459.32K
2026-09-1513.44%3.4M25.6M462.20K
2026-08-3113.23%3.4M25.6M493.15K
2026-08-1413.70%3.5M25.6M457.59K
2026-07-3113.63%3.5M25.6M515.03K
2026-07-1512.39%3.2M25.4M532.72K
2026-06-3010.97%2.8M25.4M529.99K
2026-06-1510.51%2.7M25.3M520.40K
2026-05-2910.85%2.8M25.4M517.40K
2026-05-1510.07%2.6M25.4M536.38K
2026-04-308.82%2.2M25.4M553.91K
2026-04-158.07%2.1M25.4M550.59K
2026-03-317.66%1.9M24.9M547.99K
2026-03-137.40%1.8M24.9M533.40K
2026-02-278.71%2.2M24.9M472.17K
2026-02-1310.76%2.7M24.9M412.48K
2026-01-3013.07%3.2M24.8M311.29K
2026-01-1512.80%3.2M24.8M269.04K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0027.6031.700.003.2690.000.000.920-0.2510.017
call45.0022.5026.700.002.7280.000.000.904-0.2390.019
call50.0017.7021.800.002.2780.000.000.884-0.2250.022
call55.0012.8016.900.001.8520.000.000.856-0.2060.026
call60.008.1011.5027.281.2881.000.000.813-0.1820.031
call65.004.307.905.501.2092.000.000.682-0.2260.041
call70.000.854.4012.221.0122.000.000.518-0.2370.045
call75.000.102.605.131.02551.000.000.358-0.2240.043
call80.000.050.850.260.84634.001.000.174-0.1270.029
call85.000.001.352.511.07034.000.000.146-0.1430.026
call90.000.000.901.521.26826.000.000.128-0.1550.024
call95.000.002.251.151.4466.000.000.116-0.1650.022
call1000.002.200.051.61028.000.000.107-0.1730.021
call1050.002.200.571.7616.000.000.100-0.1800.020
call1100.002.150.401.9016.000.000.095-0.1860.019
call1150.001.750.922.0322.000.000.090-0.1920.019
call1200.002.150.052.15528.000.000.086-0.1970.018
call1250.002.150.572.27110.000.000.083-0.2020.017
call1300.002.1515.012.38120.000.000.080-0.2060.017
call1350.002.150.002.4850.000.000.078-0.2100.017
call1400.001.950.702.5841.000.000.075-0.2130.016
call1450.002.150.002.6780.000.000.073-0.2170.016
call1500.002.150.102.7681.000.000.072-0.2200.016
call1550.002.150.002.8550.000.000.070-0.2230.015
call1600.002.1510.202.9381.000.000.069-0.2260.015
call1650.002.156.703.0171.000.000.067-0.2280.015
call1700.002.155.203.0941.000.000.066-0.2310.015
call1750.002.150.003.1680.000.000.065-0.2330.014
call1800.002.155.383.2393.000.000.064-0.2350.014
put40.000.002.150.102.8761.000.00-0.080-0.2460.017
put45.000.002.150.602.3871.000.00-0.096-0.2340.019
put50.000.001.850.151.85024.000.00-0.108-0.1980.021
put55.000.002.350.901.52995.000.00-0.144-0.2000.026
put60.000.151.450.421.13343.000.00-0.187-0.1750.031
put65.000.152.651.251.0411230.00-0.318-0.2180.041
put70.001.954.806.241.0048.000.00-0.482-0.2290.045
put75.004.407.9010.580.99514.000.00-0.642-0.2150.043
put80.008.7012.907.601.3097.000.00-0.826-0.1190.029
put85.0013.6017.7022.521.5201.000.00-0.854-0.1340.026
put90.0018.4022.5014.921.69310.000.00-0.872-0.1450.024
put95.0023.5027.6014.121.9301.000.00-0.884-0.1540.022
put10028.4032.5027.952.08613.000.00-0.893-0.1620.021
put10533.4037.600.002.2920.000.00-0.900-0.1690.020
put11038.4042.600.002.4530.000.00-0.905-0.1740.019
put11543.4047.600.002.6040.000.00-0.910-0.1790.019
put12048.4052.600.002.7450.000.00-0.914-0.1840.018
put12553.4057.6030.392.8770.000.00-0.917-0.1880.017
put13058.4062.600.003.0030.000.00-0.920-0.1920.017
put13563.4067.600.003.1220.000.00-0.922-0.1950.017
put14068.7072.600.003.1960.000.00-0.925-0.1980.016
put14573.4077.600.003.3430.000.00-0.927-0.2010.016
put15078.4082.600.003.4460.000.00-0.928-0.2030.016
put15583.4087.600.003.5440.000.00-0.930-0.2060.015
put16088.4092.600.003.6390.000.00-0.931-0.2080.015
put16593.4097.600.003.7290.000.00-0.933-0.2100.015
put17098.40102.60.003.8170.000.00-0.934-0.2120.015
put175103.4107.60.003.9010.000.00-0.935-0.2140.014
put180108.4112.60.003.9820.000.00-0.936-0.2160.014

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-038-KCurrent report2026-11-03SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-09-22144Filing for proposed sale of securities under Rule 144.SEC
2026-09-088-KCurrent report2026-09-08SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-274Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-06SCHEDULE 13G/ASEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-07-31SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-07-31SEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-048-KCurrent report2026-08-04SEC
2026-07-28SCHEDULE 13D/ASEC
2026-07-28SCHEDULE 13G/ASEC
2026-07-224Statement of changes in beneficial ownership of securities2026-07-21SEC
2026-07-178-KCurrent report2026-07-16SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-234Statement of changes in beneficial ownership of securities2026-06-22SEC
2026-06-22144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-11001.55M2
2026-10001.58M2
2026-09002.07M2
2026-08199.40K12.90M2
2026-07008.21M3
2026-06007.25M4
2026-05001.37M2
2026-040000
2026-030058.11K1
2026-020017.67M6
2026-010010.64M9
2025-120010.28M7
2025-110010.48M8

Institutional holders

Manager% owned
First Eagle Investment Management, LLC7.89%
BlackRock, Inc.6.72%
Sumitomo Mitsui Trust Group, Inc.4.83%
DIMENSIONAL FUND ADVISORS LP4.25%
VANGUARD PORTFOLIO MANAGEMENT LLC3.88%
LAZARD ASSET MANAGEMENT LLC3.36%
VANGUARD CAPITAL MANAGEMENT LLC2.71%
Neuberger Berman Group LLC2.30%
STATE STREET CORP2.14%
WESTWOOD HOLDINGS GROUP INC2.12%

Funds

Fund% owned
First Eagle Global Fund5.54%
Victory Sycamore Established Value Fund2.25%
iShares Core S&P Mid-Cap ETF2.05%
VANGUARD TOTAL STOCK MARKET INDEX FUND1.90%
VANGUARD INFORMATION TECHNOLOGY INDEX FUND1.51%
VANGUARD SMALL-CAP INDEX FUND1.38%
VANGUARD SMALL-CAP GROWTH INDEX FUND0.79%
ROBO Global Robotics and Automation Index ETF0.73%
VANGUARD EXTENDED MARKET INDEX FUND0.69%
U.S. Targeted Value Portfolio0.56%

OakChart. IPGP. Cached 15 minutes.