Ipg Photonics (IPGP) Gross Margin (2010 - 2026)
Ipg Photonics (IPGP) reported Gross Margin of 37.48% for Q1 2026, down 195.0% on a YoY basis from 39.45% in Q1 2025, and up 3.82% quarter-over-quarter from 36.1% in Q4 2025.
Ipg Photonics (IPGP) Gross Margin (2010 - 2026) Analysis & Trends
Ipg Photonics has reported Gross Margin for 17 years, with the latest figure at 37.48% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 195.0% year-over-year to 37.48%; the trailing twelve-month figure through Mar 2026 stood at 37.56% (up 288.0% YoY), and the FY2025 full-year result was 38.0%, up 340.0% from the prior year.
- Gross Margin for Q1 2026 stood at 37.48%, up from 36.1% in the prior quarter.
- The five-year high for Gross Margin was 46.44% in Q1 2022, with the low at 18.24% in Q4 2022.
- Historically, Gross Margin has averaged 38.18% across 5 years, with a median of 38.7% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 2731 bps — and 2023, when it surged 1996 bps.
- Ipg Photonics' Gross Margin 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 | 14,996,080.76 Bn | 14,996,065.25 Bn | 5.90 Bn | 51.98% |
| 2 | Lam Research | 409.52 Bn | 404.77 Bn | 2.91 Bn | 49.83% |
| 3 | Applied Materials | 389.06 Bn | 382.32 Bn | 3.95 Bn | 49.90% |
| 4 | Kla | 280.01 Bn | 275.05 Bn | 2.09 Bn | 61.12% |
| 5 | Teradyne | 57.58 Bn | 57.34 Bn | 780.95 Mn | 60.89% |
| 6 | Qnity Electronics | 30.30 Bn | 30.47 Bn | 618.00 Mn | 47.00% |
| 7 | Entegris | 20.39 Bn | 19.94 Bn | 380.80 Mn | 46.90% |
| 8 | Amkor Technology | 17.53 Bn | 15.72 Bn | 239.03 Mn | 14.19% |
| 9 | Onto Innovation | 13.62 Bn | 12.97 Bn | 146.39 Mn | 50.14% |
| 10 | Ipg Photonics | 4.51 Bn | 3.69 Bn | 99.50 Mn | 37.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 48.57% |