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IPG Photonics revenue decreased from $1.3 billion in 2019 to $1.2 billion in 2020, a (8.7%) decrease.

Annual Revenue ($)

IPG Photonics revenue was $1.2 b in FY, 2020 which is a (8.7%) year over year decrease from the previous period.

Quarterly Revenue ($)

FY, 2018FY, 2019FY, 2020
Revenue$1.46 b$1.31 b$1.2 b
Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021
Revenue$315.05 m$363.77 m$329.14 m$249.24 m$296.41 m$318.44 m$345.59 m$371.66 m

Annual Growth Rate (%)

Revenue Breakdown

Business Segment

Geographic Segment

IPG Photonics revenue breakdown by business segment: 90.2% from Materials Processing, 5.3% from Advanced Applications and 4.5% from Other

IPG Photonics revenue breakdown by geographic segment: 5.5% from Germany, 18.3% from Other Europe including Eastern Europe/CIS, 8.6% from Other Asia and Australia, 20.5% from North America, 41.8% from China and 5.3% from Other

FY, 2020FY, 2019FY, 2018
Materials Processing$1.08 b$1.23 b$1.37 b
Other Applications$85.37 m$85.43 m
Advanced Applications$63.86 m
Communications$23.14 m
Medical Procedures$31.24 m
FY, 2020FY, 2019FY, 2018
Germany$65.65 m$81.37 m$111.26 m
Other Europe including Eastern Europe/CIS$219.54 m$249.87 m$296.92 m
Japan$53.18 m$71.76 m$87.62 m
Other Asia and Australia$103.79 m$121.59 m$127.25 m
North America$246.19 m$280.89 m$202.74 m
China$502.28 m$491.89 m$629.08 m
Rest of World$10.11 m$17.23 m$5.01 m

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