IPG Photonics Competitors and Similar CompaniesClear all
IPG Photonics's competitors and similar companies include Lumentum, Coherent Laser, Ultimara and ams-OSRAM International.
 Lumentum Lumentum Holdings (formerly known as JDSU's Communications and Commercial Optical Product) is a company that designs and manufactures optical and photonic products. |  Coherent Laser Coherent Laser is a company that provides lasers, laser-based technologies, and laser-based system solutions. |  Ultimara Ultimara is a company that manufactures optoelectronic systems for the defense and commercial sectors. |  ams-OSRAM International ams-OSRAM International (formerly known as OSRAM Opto Semiconductors) is a company that manufactures optical semiconductors focusing on illumination, visualization, automotive, and sensor technologies. | ||
Founding Date | Founding Date 1990 | Founding Date 2015 | Founding Date 1966 | Founding Date 2009 | Founding Date 1999 |
Type | Type Public | Type Public | Type Subsidiary | Type Private | Type Subsidiary |
Tags | |||||
Locations | Locations Marlborough, US HQ Granja Viana, BR Burlington, CA Kingston, CA Beijing, CN Shanghai, CN Shenzhen, CN see more | Locations San Jose, US HQ Sao Paulo, BR Ottawa, CA Dongguan, CN Shenzhen, CN Shenzhen, CN Wuhan, CN see more | Locations Santa Clara, US HQ Yongin, KR Salem, US | Locations Redwood City, US HQ | Locations Regensburg, DE HQ |
Employees | Employees 4,74023% decrease | Employees 7,2573% decrease | Employees 5,180 | Employees 1 | Employees 2,746 |
Valuation ($) | Valuation ($) 3.7 b | Valuation ($) 4.5 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $977.1m (FY, 2024) | Revenue (est.) $1.4b (FY, 2024) | Revenue (est.) $1.5b (FY, 2021) | Revenue (est.) N/A | Revenue (est.) €1.7b (FY, 2019) |
Cost of goods | Cost of goods $639m (FY, 2024) | Cost of goods $1b (FY, 2024) | Cost of goods $918.6m (FY, 2021) | Cost of goods N/A | Cost of goods €1.5b (FY, 2019) |
Gross profit | Gross profit $338.2m (FY, 2024) | Gross profit $251.5m (FY, 2024) | Gross profit $568.8m (FY, 2021) | Gross profit N/A | Gross profit €241.9m (FY, 2019) |
Net income | Net income ($181.5m) (FY, 2024) | Net income ($546.5m) (FY, 2024) | Net income ($106.8m) (FY, 2021) | Net income N/A | Net income (€68.3m) (FY, 2019) |
Operating ⚠ | |||||
Backlog | Backlog $691.4m (FY, 2023) | Backlog $594m (FY, 2022) | Backlog $717.1m (FY, 2021) | Backlog N/A | Backlog N/A |
Funding | |||||
Total funding raised | Total funding raised $ 82.4m | Total funding raised N/A | Total funding raised $ 140k | Total funding raised N/A | Total funding raised N/A |
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Lumentum
HQ
San Jose, US
Employees
7,257↓ 3% decrease
Lumentum Holdings (formerly known as JDSU's Communications and Commercial Optical Product) is a company that designs and manufactures optical and photonic products.
View companyCoherent Laser
HQ
Santa Clara, US
Coherent Laser is a company that provides lasers, laser-based technologies, and laser-based system solutions.
View companyUltimara
HQ
Redwood City, US
Employees
1
Ultimara is a company that manufactures optoelectronic systems for the defense and commercial sectors.
View companyams-OSRAM International
HQ
Regensburg, DE
ams-OSRAM International (formerly known as OSRAM Opto Semiconductors) is a company that manufactures optical semiconductors focusing on illumination, visualization, automotive, and sensor technologies.
View company