IPG Photonics Competitors and Similar CompaniesClear all
IPG Photonics's competitors and similar companies include Lumentum, Coherent Laser and Ultimara.
 Lumentum Lumentum Holdings (formerly known as JDSU's Communications and Commercial Optical Product) is a company that manufactures and sells 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. | ||
Founding Date | Founding Date 1990 | Founding Date 2015 | Founding Date 1966 | Founding Date 2009 |
Type | Type Public | Type Public | Type Subsidiary | Type Private |
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 Anseong Si, KR Yongin, KR Bloomfield, US Budd Lake, US East Granby, US Plymouth, US see more | Locations Redwood City, US HQ |
Employees | Employees 4,8402% increase | Employees 10,56246% increase | Employees 5,180 | Employees 1 |
Valuation ($) | Valuation ($) 3.7 b | Valuation ($) 4.5 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) $1b (FY, 2025) | Revenue (est.) $1.6b (FY, 2025) | Revenue (est.) $1.5b (FY, 2021) | Revenue (est.) N/A |
Cost of goods | Cost of goods $622.3m (FY, 2025) | Cost of goods $1.2b (FY, 2025) | Cost of goods $918.6m (FY, 2021) | Cost of goods N/A |
Gross profit | Gross profit $381.5m (FY, 2025) | Gross profit $459.9m (FY, 2025) | Gross profit $568.8m (FY, 2021) | Gross profit N/A |
Net income | Net income $31.1m (FY, 2025) | Net income $25.9m (FY, 2025) | Net income ($106.8m) (FY, 2021) | Net income N/A |
Operating ⚠ | ||||
Backlog | Backlog $691.4m (FY, 2023) | Backlog $594m (FY, 2022) | Backlog $717.1m (FY, 2021) | 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 |
For sources of this data, please see the company profile
View Company Profiles
Lumentum
HQ
San Jose, US
Employees
10,562↑ 46% increase
Lumentum Holdings (formerly known as JDSU's Communications and Commercial Optical Product) is a company that manufactures and sells 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 company