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IPG Photonics Corporation (IPGP)
NASDAQ:IPGP
US Market
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IPG Photonics (IPGP) Revenue by Application

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Revenue by Application

Reveals which end markets—such as materials processing (cutting, welding, additive manufacturing), communications, or medical—are fueling IPG’s sales. Tracking application mix shows sensitivity to industrial cycles (auto, electronics, construction) and identifies growth opportunities where automation and advanced manufacturing increase demand for fiber lasers.
Q1 2026 reflects a reporting reclassification rather than an overnight sales spike: Industrial Solutions now captures the bulk of revenue, confirming management’s shift up the value chain into welding, battery and systems work and underpinning the strong bookings/backlog story. Materials Processing shows a multi-quarter pullback that stabilized through 2025, while Advanced Solutions remains the more cyclical, softer mix—helpful for growth visibility but increasing sensitivity to tariff-driven margin pressure and underabsorbed manufacturing costs.
Date
Materials Processing
Other Applications
Industrial Solutions
Advanced Solutions
Jun 30, 2026
$0.00$0.00$237.04M$41.54M
Mar 31, 2026
$0.00$0.00$227.59M$37.91M
Dec 31, 2025
$232.79M$41.68M$0.00$0.00
Sep 30, 2025
$219.43M$31.36M$0.00$0.00
Jun 30, 2025
$212.25M$38.47M$0.00$0.00
Mar 31, 2025
$195.72M$32.08M$0.00$0.00
Dec 31, 2024
$198.13M$36.20M$0.00$0.00
Sep 30, 2024
$207.06M$26.08M$0.00$0.00
Jun 30, 2024
$225.77M$31.87M$0.00$0.00
Mar 31, 2024
$226.37M$25.64M$0.00$0.00