China was Ipg Photonics’s largest region in fiscal 2025, bringing in $291.91M of $1.00B (29%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| China | $479.93M | $355.32M | $245.00M | $291.91M | |||||||||||||
| North America | $338.71M | $313.99M | $258.89M | $267.18M | |||||||||||||
| Other Europe | $294.48M | $291.34M | $197.15M | $138.54M | |||||||||||||
| Other Including Eastern Europe/Cis | — | — | — | — | |||||||||||||
| Europe | — | — | — | — | |||||||||||||
| Other | $152.37M | $142.38M | $113.23M | $121.81M | |||||||||||||
| United States & Other North America | — | — | — | — | |||||||||||||
| Germany | $85.49M | $88.03M | $87.80M | $105.16M | |||||||||||||
| Asia & Australia: | — | — | — | — | |||||||||||||
| Asia & Australia | — | — | — | — | |||||||||||||
| Japan | $57.87M | $72.33M | $62.35M | $66.37M | |||||||||||||
| Rest Of World | $20.70M | $24.06M | $12.71M | $12.81M | |||||||||||||
| Rest Of The World | — | — | — | — | |||||||||||||
| Total | $1.43B | $1.29B | $977.13M | $1.00B |
Ipg Photonics brought in $1.00B from its seven regions in fiscal 2025, the year ended December 31, 2025. That was up 2.7% from $977.13M in fiscal 2024. China was the largest at $291.91M (29.1%), ahead of North America at $267.18M (26.6%) and Other Europe at $138.54M (13.8%). The other four regions brought in $306.15M combined.
Compared with fiscal 2024, Germany grew fastest, up 19.8% to $105.16M, while Other Europe fell the most, down 29.7% to $138.54M. From fiscal 2022 to 2025, combined revenue from these regions fell from $1.43B to $1.00B, a compound annual decline of 11.1%. China's share of the total fell from 33.6% to 29.1%.
High Power Continuous Wave ("Cw") Lasers was Ipg Photonics’s largest product and service line in fiscal 2025, bringing in $308.83M of $1.00B (31%).
| Product and Service | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Materials Processing | — | — | — | — | |||||||||||||
| High Power Continuous Wave ("Cw") Lasers | $613.73M | $524.98M | $332.74M | $308.83M | |||||||||||||
| Other Revenue Including Other Lasers, Amplifiers, Service, Parts, Accessories | — | $295.38M | $246.79M | $264.51M | |||||||||||||
| Other Revenue Including Other Lasers, Amplifiers, Service, Parts, Accessories & Change In Deferred Revenue | $284.37M | — | — | — | |||||||||||||
| Other Revenue Including Amplifiers, Service, Parts, Accessories & Change In Deferred Revenue | — | — | — | — | |||||||||||||
| Pulsed Lasers | $250.68M | $185.58M | $146.76M | $143.25M | |||||||||||||
| Laser & Non-Laser Systems | $153.47M | $161.18M | $139.15M | $147.24M | |||||||||||||
| Medium Power Cw Lasers | $77.08M | $71.67M | $63.69M | $88.18M | |||||||||||||
| Other Applications | — | — | — | — | |||||||||||||
| Quasi-Continuous Wave ("Qcw") Lasers | $50.21M | $48.65M | $48.02M | $51.77M | |||||||||||||
| Advanced Applications | — | — | — | — | |||||||||||||
| Communications | — | — | — | — | |||||||||||||
| Medical | — | — | — | — | |||||||||||||
| Total | $1.43B | $1.29B | $977.13M | $1.00B |
Ipg Photonics brought in $1.00B from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 2.7% from $977.13M in fiscal 2024. High Power Continuous Wave ("Cw") Lasers was the largest at $308.83M (30.8%), ahead of Other Revenue Including Other Lasers, Amplifiers, Service, Parts, Accessories at $264.51M (26.4%) and Laser & Non-Laser Systems at $147.24M (14.7%). The other three lines brought in $283.20M combined.
Compared with fiscal 2024, Medium Power Cw Lasers grew fastest, up 38.5% to $88.18M, while High Power Continuous Wave ("Cw") Lasers fell the most, down 7.2% to $308.83M.
Ipg Photonics began breaking out Other Revenue Including Other Lasers, Amplifiers, Service, Parts, Accessories in fiscal 2023, when it brought in $295.38M. Ipg Photonics stopped reporting Other Revenue Including Other Lasers, Amplifiers, Service, Parts, Accessories & Change In Deferred Revenue as a separate line after fiscal 2022, when it brought in $284.37M.
Goods & Services Transferred At A Point In Time was Ipg Photonics’s largest revenue line in fiscal 2025, bringing in $982.58M of $1.00B (98%).
| Timing of Transfer of Good or Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Goods & Services Transferred At A Point In Time | $1.38B | $1.24B | $942.21M | $982.58M | ||||
| Goods & Services Transferred Over Time | $51.55M | $47.89M | $34.93M | $21.19M | ||||
| Total | $1.43B | $1.29B | $977.13M | $1.00B |
Ipg Photonics brought in $1.00B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 2.7% from $977.13M in fiscal 2024. Goods & Services Transferred At A Point In Time was the largest at $982.58M (97.9%), ahead of Goods & Services Transferred Over Time at $21.19M (2.1%).
Compared with fiscal 2024, Goods & Services Transferred At A Point In Time grew 4.3% to $982.58M, while Goods & Services Transferred Over Time fell 39.3% to $21.19M. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $1.43B to $1.00B, a compound annual decline of 11.1%. Goods & Services Transferred At A Point In Time's share of the total rose from 96.4% to 97.9%.
Ipg Photonics (IPGP) reports its revenue by geography, by product and service and by timing of transfer of good or service. In fiscal 2025, China was its largest region, bringing in $291.91M (29.1% of the total), followed by North America at $267.18M (26.6%).
China was Ipg Photonics' largest region in fiscal 2025, bringing in $291.91M, or 29.1% of the $1.00B total across its seven regions.
High Power Continuous Wave ("Cw") Lasers was Ipg Photonics' largest product and service line in fiscal 2025, bringing in $308.83M, or 30.8% of the $1.00B total across its six product and service lines.
Goods & Services Transferred At A Point In Time was Ipg Photonics' largest revenue line in fiscal 2025, bringing in $982.58M, or 97.9% of the $1.00B total across its two revenue lines.
Among Ipg Photonics' regions that make up at least 2% of revenue, Germany grew fastest in fiscal 2025, up 19.8% from $87.80M to $105.16M.
Every figure comes from Ipg Photonics' annual financial filings, as reported. Each line keeps the name Ipg Photonics gives it, and years follow its fiscal calendar.
Ipg Photonics' revenue by geography goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.