Ipg Photonics (IPGP) Gross Margin (2010 - 2026)
Ipg Photonics' Gross Margin was 40.39% in Q2 2026, up 3.07 percentage points from 37.32% a year earlier and up 2.92 percentage points from the prior quarter.
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Analysis
Ipg Photonics (IPGP) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ipg Photonics' Gross Margin was 38.35% through Jun 30, 2026, up 3.70 percentage points year-over-year; for FY2025, it was 38.00%, up 3.40 percentage points from FY2024.
- Gross Margin shows a five-year change of -6.89 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 34.61% in FY2024 (-7.47 pp), 42.08% in FY2023 (+3.22 pp), 38.85% in FY2022 (-8.82 pp) and 47.67% in FY2021 (+2.78 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q3 2023.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.61 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2023 (a gain of 19.96 percentage points); the worst was Q4 2022 (a drop of 27.31 percentage points).
- Per Business Quant data, IPGP's Gross Margin in the three quarters before Q2 2026 was 37.48% (Q1 2026), 36.10% (Q4 2025) and 39.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Ipg Photonics | 3.33 Bn | -64.39 Mn | 112.52 Mn | 40.39% |
Historic Data
Download Data
Historic 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% |
API Access
Ipg Photonics Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=IPGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IPGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IPGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();