IPG Photonics Corporation

IPGPNASDAQTechnology● Active

$107.37

$-15.14(-12.36%)

Market Cap$4.6B

P/E Ratio—

52W High$155.82

52W Low$65.25

Avg Volume540K

Open$118.17

Beta0.95

Free Cash Flow Financials Revenue

IPG Photonics Corporation (IPGP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

IPGP · free cash flow · updated Jun 8, 2026

Core FCF metrics

IPGP · FCF · TTM · margin & CAGR

Free cash flow was −$3.5M for FY2025 (fiscal year ending 2025-12-31), down 102.3% year-over-year The FCF margin was -0.3%.

FY2025 Free Cash Flow−$3.5M▼ -102.3% YoY

Trailing 12M (TTM)−$13.9Mtrailing 4 quarters sum

FCF Margin-0.3%−$3.5M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

IPGP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$75.3M(79M)−$3.5M▼ 102.3%-0.3%

FY2024$247.9M(99M)$149.4M▼ 19.5%15.3%

FY2023$296.0M(110M)$185.5M▲ +81.0%14.4%

FY2022$212.6M(110M)$102.5M▼ 61.5%7.2%

FY2021$389.7M(123M)$266.6M▲ +34.9%18.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

IPGP · P/FCF · FCF yield · FCF per share

IPG Photonics Corporation (IPGP) reported negative free cash flow of −$0.00B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

IPGP · cash flow statement · operating / investing / financing

For FY2025, IPG Photonics Corporation generated $75.3M in operating cash flow and spent 79M in capital expenditures, yielding −$3.5M in free cash flow.

Operating Activities

+$75.3M

Cash from core business operations

2025-12-31

Investing Activities

−$265.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$54.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($75.3M) − |CapEx| (79M) = FCF (−$3.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

IPGP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

IPG Photonics CorporationYOU

IPGP

−$3.5M-102.3%-0.3%

Loss

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

IPG Photonics Corporation (IPGP) reported free cash flow of −$3.5M for FY2025 (fiscal year ending 2025-12-31), down 102.3% year-over-year. The FCF margin was -0.3%.

Based on available data, IPG Photonics Corporation has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $277.9M in FY2017.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

IPGP free cash flow · 8 questions

IPG Photonics Corporation free cash flow was −$3.5M for FY2025, down 102.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$13.9M.

IPGP free cash flowIPGP FCFIPGP FCF 2025IPGP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · IPG Photonics Corporation · IPG Photonics Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026