Ipg Photonics Corp.
- IPGP ยท Nasdaq
- Semiconductors & Related Devices
- Marlborough, MA
- 4,840 employees
- CIK 0001111928
Updated from SEC filings through
Top things to know
Executives
- Dr. Mark Gitin Chief Executive Officer of IPG Photonics 8-K, 2026-11-03
-
Mark Milton Gitin CEO 4, 2026-06-08 -
Timothy PV Mammen SVP, Chief Financial Officer 4, 2026-05-26 - Timothy Mammen Chief Financial Officer and Senior Vice President 10-K, 2026-02-23
- Igor Samartsev SVP, Chief Scientist 4, 2026-05-13
- Trevor Ness SVP, Chief Revenue Officer 4, 2026-03-03
What leadership is saying
“We delivered our fourth consecutive quarter of double-digit year-over-year revenue growth, with revenue above the midpoint of our guidance”
Earnings press release (8-K Ex. 99.1), filed November 3, 2026
Ipg Photonics Corp is a U.S. public company in semiconductors & related devices (SIC 3674), headquartered in Marlborough, MA. It trades as IPGP on Nasdaq. Revenue was $1.0B in the fiscal year ending December 31, 2025, +2.7% from the year before. It reported about 4,840 employees. Dr. Mark Gitin is Chief Executive Officer of IPG Photonics.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.0B 10-K, 2026-02-23 | $977M 10-K, 2026-02-23 | $1.3B 10-K, 2026-02-23 | $1.4B 10-K, 2025-02-20 | $1.5B 10-K, 2024-02-21 |
| Operating income | $13.1M 10-K, 2026-02-23 | -$208M 10-K, 2026-02-23 | $232M 10-K, 2026-02-23 | $170M 10-K, 2025-02-20 | $368M 10-K, 2024-02-21 |
| SG&A | $241M 10-K, 2026-02-23 | $214M 10-K, 2026-02-23 | $211M 10-K, 2026-02-23 | $208M 10-K, 2025-02-20 | $204M 10-K, 2024-02-21 |
| Net income | $31.1M 10-K, 2026-02-23 | -$182M 10-K, 2026-02-23 | $219M 10-K, 2026-02-23 | $110M 10-K, 2025-02-20 | $278M 10-K, 2024-02-21 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Dr. Mark Gitin Chief Executive Officer at IPG Photonics | Chief Executive Officer of IPG Photonics | 8-K, 2026-11-03 |
| Mark Milton Gitin | CEO | 4, 2026-06-08 |
| Mark Gitin | Named in proxy bio: Chief Executive Officer | DEF 14A, 2026-04-01 |
| Timothy PV Mammen | SVP, Chief Financial Officer | 4, 2026-05-26 |
| Timothy Mammen | Chief Financial Officer and Senior Vice President | 10-K, 2026-02-23 |
| Igor Samartsev | SVP, Chief Scientist | 4, 2026-05-13 |
| Trevor Ness | SVP, Chief Revenue Officer | 4, 2026-03-03 |
| Angelo Lopresti Public Company Director Candidate, Former Public Company Director, SVP, General Counsel & Corporate Secretary | General Counsel, Secretary and Senior Vice President | 10-K, 2026-02-23 |
| Trevor D. Ness | Senior Vice President, Chief Revenue Officer | 10-K, 2026-02-23 |
 Paulus Bucher | SVP, Global Operations | 4, 2026-08-10 |
| Angelo P. Lopresti | SVP, Secretary & Gen Counsel | 4, 2026-07-01 |
| Mary E. Buttarazzi VP Finance, Chief Accounting Officer | VP, Corp Controller and CAO | 4, 2026-03-17 |
What Ipg Photonics Corp does
IPG Photonics Corporation ("IPG", the "Company", the "Registrant", "we", "us" or "our") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers and laser-based systems that are used for diverse applications in materials processing, medical and advanced applications. Fiber lasers combine the advantages of semiconductor diodes, such as long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability and usability.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 42.5 million (as of November 2, 2026) | 10-Q, November 3, 2026 |
|---|---|---|
| Public float | $1.8B (as of June 30, 2025) | 10-K/A, March 6, 2026 |
| Latest proxy statement | Meeting May 12, 2026 (filed April 1, 2026) | DEF 14A, April 1, 2026 |
| Auditor | Deloitte & Touche LLP (Boston, Massachusetts) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 2, 2026 | Eugene A. Scherbakov Director | Sale | 3,048 | $260K | Form 4, October 6, 2026 |
| August 26, 2026 | John R. Peeler Director | Buy | 2,710 | $199K | Form 4, August 27, 2026 |
| July 31, 2026 | Eugene A. Scherbakov Director | Sale | 1,524 | $132K | Form 4, August 4, 2026 |
| June 29, 2026 | Angelo P. Lopresti SVP, Secretary & Gen Counsel | Sale | 1,000 | $110K | Form 4, July 1, 2026 |
| June 29, 2026 | Eugene A. Scherbakov Director | Sale | 1,524 | $155K | Form 4, July 1, 2026 |
| June 22, 2026 | Tang Agnes Director | Sale | 1,511 | $178K | Form 4, June 23, 2026 |
| May 22, 2026 | Timothy PV Mammen SVP, Chief Financial Officer | Sale | 9,975 | $1.2M | Form 4, May 26, 2026 |
| May 14, 2026 | Jeanmarie F. Desmond Director | Sale | 1,690 | $178K | Form 4, May 15, 2026 |
Recent 8-K events
- 8-K filed 2026-11-03
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-08
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-17
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-05-15
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-05
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 8.01 Other events
- 8-K filed 2026-03-16
- Item 8.01 Other events
- 8-K filed 2026-02-25
- Item 8.01 Other events
- 8-K filed 2026-02-12
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Ipg Photonics Corp
- What does Ipg Photonics Corp do?
- In its own words, from Item 1 of its 10-K: "IPG Photonics Corporation ("IPG", the "Company", the "Registrant", "we", "us" or "our") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers and laser-based systems that are used for diverse applications in materials processing, medical and advanced applications. Fiber lasers combine the advantages of semiconductor diodes, such as long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability and usability."
- What is Ipg Photonics Corp's revenue?
- $1.0B for the fiscal year ending December 31, 2025, from its 10-K filed February 23, 2026.
- Is Ipg Photonics Corp profitable?
- Ipg Photonics Corp reported net income of $31.1M for the fiscal year ending December 31, 2025.
- How many employees does Ipg Photonics Corp have?
- About 4,840 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Ipg Photonics Corp?
- Dr. Mark Gitin, Chief Executive Officer of IPG Photonics, as named in a 8-K filed November 3, 2026.
- Who is the CFO of Ipg Photonics Corp?
- Timothy PV Mammen, SVP, Chief Financial Officer, as named in a 4 filed May 26, 2026.
- Where is Ipg Photonics Corp headquartered?
- Marlborough, MA.
- What is Ipg Photonics Corp's stock ticker?
- IPGP on Nasdaq.
- What industry is Ipg Photonics Corp in?
- Semiconductors & Related Devices, SIC code 3674.
- What is Ipg Photonics Corp's website?
- ipgphotonics.com.
- When does Ipg Photonics Corp report earnings next?
- February 2, 2027. Source: estimate_8k_pattern.
- Is Ipg Photonics Corp a public company?
- Yes. Ipg Photonics Corp files with the SEC under CIK 0001111928 and trades as IPGP.
- Who audits Ipg Photonics Corp?
- Deloitte & Touche LLP, Boston, Massachusetts, as named in its latest annual report (10-K).
- How many shares of Ipg Photonics Corp are outstanding?
- 42.5 million shares as of November 2, 2026, from its 10-Q filed November 3, 2026.
- What is Ipg Photonics Corp's public float?
- $1.8B as of June 30, 2025, as reported on the cover of its 10-K/A filed March 6, 2026.
- When is Ipg Photonics Corp's annual shareholder meeting?
- May 12, 2026, per its proxy statement (DEF 14A) filed April 1, 2026.
- Have Ipg Photonics Corp insiders traded stock recently?
- Since August 8, 2025, officers and directors reported 27 open-market sales worth about $5.3M and 1 purchase worth about $199K on Forms 4 and 5. The most recent: Eugene A. Scherbakov (Director) sold 3,048 shares on October 2, 2026.