Ipg Photonics (IPGP) Operating Expenses (2010 - 2026)
Ipg Photonics' (IPGP) quarterly Operating Expenses came in at $107.2 million in Q1 2026, up 21.88% YoY from $88.0 million in Q1 2025, and up 11.99% on a QoQ basis from $95.8 million in Q4 2025.
Ipg Photonics (IPGP) Operating Expenses (2010 - 2026) Analysis & Trends
Ipg Photonics (IPGP) has 17 years of Operating Expenses data on file, last reported at $107.2 million in Q1 2026.
- Quarterly Operating Expenses rose 21.88% year-over-year to $107.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $387.6 million (down 30.28% YoY) and the FY2025 annual result came in at $368.4 million, down 32.59% from the prior year.
- Operating Expenses improved to $107.2 million in Q1 2026, from $95.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $307.4 million in Q3 2024 to a low of $57.3 million in Q3 2022.
- A 5-year average of $101.0 million and a median of $85.4 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 298.25% — and 2025, when it sank 70.35%.
- Tracing IPGP's Operating Expenses over 5 years: stood at $149.3 million in 2022, then tumbled by 42.81% to $85.4 million in 2023, then declined by 10.54% to $76.4 million in 2024, then climbed by 25.35% to $95.8 million in 2025, then advanced by 11.99% to $107.2 million in 2026.
- The last three Operating Expenses figures came in at $107.2 million (Q1 2026), $95.8 million (Q4 2025), and $91.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 965.25 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 1.42 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 690.50 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 356.81 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 298.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 209.30 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 119.70 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 118.74 Mn |
| 10 | Ipg Photonics | 3.09 Bn | 2.22 Bn | 112.52 Mn | 107.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 107.99 Mn |
| Mar 31, 2026 | 107.24 Mn |
| Dec 31, 2025 | 95.76 Mn |
| Sep 30, 2025 | 91.15 Mn |
| Jun 30, 2025 | 93.47 Mn |
| Mar 31, 2025 | 87.99 Mn |
| Dec 31, 2024 | 76.39 Mn |
| Sep 30, 2024 | 307.44 Mn |
| Jun 30, 2024 | 84.15 Mn |
| Mar 31, 2024 | 78.44 Mn |
| Dec 31, 2023 | 85.39 Mn |
| Sep 30, 2023 | 77.20 Mn |
| Jun 30, 2023 | 75.63 Mn |
| Mar 31, 2023 | 71.51 Mn |
| Dec 31, 2022 | 149.30 Mn |
| Sep 30, 2022 | 57.26 Mn |
| Jun 30, 2022 | 100.67 Mn |
| Mar 31, 2022 | 78.68 Mn |
| Dec 31, 2021 | 81.20 Mn |
| Sep 30, 2021 | 83.89 Mn |