Ipg Photonics (IPGP) Gross Margin (2010 - 2026)
Ipg Photonics' (IPGP) quarterly Gross Margin came in at 37.48% in Q1 2026, down 195.0% YoY from 39.45% in Q1 2025, and up 3.82% on a QoQ basis from 36.1% in Q4 2025.
Ipg Photonics (IPGP) Gross Margin (2010 - 2026) Analysis & Trends
Ipg Photonics (IPGP) has 17 years of Gross Margin data on file, last reported at 37.48% in Q1 2026.
- Quarterly Gross Margin fell 195.0% year-over-year to 37.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.56% (up 288.0% YoY) and the FY2025 annual result came in at 38.0%, up 340.0% from the prior year.
- Gross Margin rose to 37.48% in Q1 2026, from 36.1% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 46.44% in Q1 2022 to a low of 18.24% in Q4 2022.
- A 5-year average of 38.18% and a median of 38.7% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 2731 bps — and 2023, when it surged 1996 bps.
- Tracing IPGP's Gross Margin over 5 years: stood at 18.24% in 2022, then soared by 109 bps to 38.2% in 2023, then grew by 1 bps to 38.55% in 2024, then fell by 6 bps to 36.1% in 2025, then increased by 4 bps to 37.48% in 2026.
- The last three Gross Margin figures came in at 37.48% (Q1 2026), 36.1% (Q4 2025), and 39.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 51.75% |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 49.90% |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 61.36% |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 59.79% |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 46.61% |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 47.55% |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 53.41% |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 16.79% |
| 10 | Ipg Photonics | 3.09 Bn | 2.22 Bn | 112.52 Mn | 40.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.39% |
| Mar 31, 2026 | 37.48% |
| Dec 31, 2025 | 36.10% |
| Sep 30, 2025 | 39.48% |
| Jun 30, 2025 | 37.32% |
| Mar 31, 2025 | 39.43% |
| Dec 31, 2024 | 38.55% |
| Sep 30, 2024 | 23.20% |
| Jun 30, 2024 | 37.33% |
| Mar 31, 2024 | 38.70% |
| Dec 31, 2023 | 38.20% |
| Sep 30, 2023 | 44.09% |
| Jun 30, 2023 | 43.44% |
| Mar 31, 2023 | 42.32% |
| Dec 31, 2022 | 18.24% |
| Sep 30, 2022 | 43.10% |
| Jun 30, 2022 | 45.71% |
| Mar 31, 2022 | 46.44% |
| Dec 31, 2021 | 45.55% |
| Sep 30, 2021 | 49.02% |