IPG Photonics Corporation Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
1,287M
-9.94%
751M
536M
304M
126M
99M
232M
42M
275M
68M
219M
99.14%
1,056M
36M
301M
73M
232M
1,430M
-2.14%
874M
555M
324M
131M
116M
293M
13M
183M
73M
110M
-60.52%
1,198M
13M
384M
91M
293M
1,461M
21.66%
764M
696M
344M
126M
140M
368M
2M
366M
89M
278M
74.48%
1,108M
-2M
434M
96M
368M
1,201M
-8.66%
662M
539M
307M
110M
127M
199M
59M
206M
45M
160M
-11.46%
969M
6M
359M
95M
199M
1,315M
-9.95%
708M
606M
315M
108M
130M
348M
14M
248M
68M
180M
-55.39%
1,024M
14M
444M
96M
348M
1,460M
3.62%
660M
800M
283M
102M
123M
523M
0M
534M
130M
404M
16.23%
943M
9M
591M
80M
511M
1,409M
40.02%
612M
797M
231M
81M
101M
551M
1M
552M
204M
348M
33.31%
843M
1M
645M
65M
580M
1,006M
11.64%
454M
552M
183M
66M
79M
364M
1M
367M
106M
261M
7.68%
637M
1M
425M
0M
373M
901M
17.07%
409M
492M
152M
57M
63M
342M
0M
342M
100M
242M
20.81%
562M
0M
379M
0M
337M
770M
18.80%
353M
417M
139M
55M
53M
284M
0M
284M
0M
200M
28.67%
493M
0M
306M
0M
271M
648M
15.20%
308M
340M
119M
51M
42M
218M
0M
218M
0M
156M
7.43%
427M
0M
256M
0M
223M
563M
18.56%
258M
305M
94M
39M
31M
209M
0M
209M
0M
145M
23.14%
352M
0M
238M
0M
212M
474M
58.55%
217M
257M
85M
37M
25M
176M
1M
175M
0M
118M
118.11%
302M
0M
197M
0M
173M
299M
60.98%
153M
146M
66M
29M
19M
80M
1M
79M
0M
54M
896.33%
219M
0M
102M
0M
80M
186M
-18.85%
122M
64M
55M
20M
19M
9M
1M
8M
0M
5M
-85.22%
177M
0M
28M
0M
9M
229M
21.41%
122M
107M
50M
34M
16M
57M
1M
57M
0M
37M
22.61%
172M
0M
73M
0M
57M
189M
31.73%
104M
85M
39M
29M
10M
46M
1M
48M
0M
30M
2.26%
142M
0M
58M
0M
46M
143M
48.60%
80M
63M
27M
15M
7M
36M
1M
28M
0M
29M
293.60%
107M
0M
52M
0M
42M
96M
58.77%
62M
34M
20M
19M
6M
14M
0M
12M
0M
7M
269.14%
82M
0M
22M
0M
15M
61M
79.93%
42M
18M
15M
15M
5M
3M
0M
0M
0M
2M
-107.13%
58M
0M
11M
0M
3M
34M
52.12%
0M
34M
0M
0M
0M
34M
0M
0M
0M
-28M
-42.88%
0M
0M
34M
0M
34M
22M
-16.27%
23M
-1M
51M
0M
8M
-52M
0M
-48M
0M
-49M
-0.48%
74M
0M
-52M
0M
-52M
26M
-
26M
0M
64M
0M
0M
-63M
0M
-54M
0M
-50M
-0.48%
90M
0M
-64M
0M
-63M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
299M
-10.39%
184M
115M
85M
35M
28M
29M
0M
42M
1M
41M
-144.60%
270M
13M
46M
17M
29M
301M
-13.64%
168M
133M
78M
31M
25M
56M
0M
68M
13M
55M
-27.89%
246M
12M
72M
17M
54M
340M
-9.83%
192M
148M
73M
30M
24M
72M
9M
82M
19M
62M
9.40%
266M
9M
94M
17M
77M
347M
-6.16%
200M
147M
74M
30M
23M
75M
8M
83M
23M
60M
-13.56%
274M
8M
88M
18M
75M
334M
-8.49%
273M
61M
78M
33M
27M
54M
8M
-80M
13M
-93M
-242.72%
351M
8M
75M
21M
54M
349M
-7.95%
199M
150M
79M
34M
25M
50M
4M
97M
20M
76M
1.14%
277M
4M
73M
23M
50M
377M
1.44%
205M
172M
83M
33M
31M
107M
1M
73M
16M
57M
-18.38%
288M
1M
131M
24M
107M
370M
7.06%
198M
172M
84M
31M
33M
93M
0M
93M
23M
70M
2.12%
283M
0M
105M
23M
93M
364M
8.27%
198M
166M
88M
32M
37M
85M
1M
85M
19M
65M
31.92%
287M
-1M
95M
24M
71M
379M
19.06%
193M
186M
88M
33M
34M
102M
0M
101M
27M
75M
111.78%
281M
0M
119M
24M
95M
372M
25.39%
191M
181M
85M
31M
35M
92M
0M
92M
22M
70M
82.60%
277M
0M
122M
24M
98M
346M
38.65%
182M
164M
82M
30M
33M
89M
0M
89M
20M
68M
87.15%
264M
0M
98M
24M
75M
337M
9.78%
190M
147M
76M
27M
32M
65M
0M
66M
16M
49M
-1,208.74%
266M
0M
99M
23M
76M
318M
-3.25%
166M
153M
78M
29M
32M
41M
1M
43M
7M
36M
-37.81%
244M
1M
108M
24M
84M
296M
-18.52%
160M
136M
75M
26M
32M
47M
2M
50M
11M
38M
-47.11%
235M
2M
98M
23M
75M
249M
-20.89%
146M
103M
78M
27M
32M
45M
3M
48M
11M
36M
-34.00%
224M
3M
30M
24M
6M
307M
-7.10%
182M
124M
74M
25M
30M
0M
14M
3M
7M
-4M
-105.89%
257M
3M
123M
24M
99M
329M
-7.64%
176M
153M
78M
27M
32M
74M
4M
77M
20M
57M
-43.04%
254M
4M
101M
25M
76M
364M
-12.05%
184M
180M
84M
29M
35M
91M
4M
96M
23M
72M
-40.57%
268M
4M
126M
25M
101M
315M
-12.45%
166M
149M
79M
27M
32M
68M
4M
72M
17M
55M
-48.13%
245M
4M
94M
23M
72M
330M
-8.59%
163M
167M
75M
28M
32M
96M
9M
101M
0M
76M
42.68%
239M
0M
108M
21M
87M
356M
-9.24%
161M
195M
70M
25M
31M
124M
4M
128M
0M
101M
-13.05%
231M
0M
147M
20M
127M
414M
11.98%
179M
235M
70M
24M
32M
162M
1M
164M
0M
122M
16.81%
249M
0M
186M
20M
167M
360M
25.89%
157M
203M
68M
25M
29M
141M
0M
142M
0M
106M
41.88%
224M
0M
150M
19M
131M
361M
28.89%
152M
209M
62M
22M
27M
148M
1M
148M
0M
53M
-29.52%
214M
0M
164M
18M
146M
393M
47.59%
168M
225M
60M
21M
26M
160M
0M
161M
0M
116M
66.96%
228M
0M
185M
17M
168M
369M
46.12%
163M
206M
58M
20M
26M
141M
0M
142M
0M
104M
55.26%
221M
0M
171M
15M
156M
286M
37.92%
129M
157M
51M
18M
23M
101M
0M
101M
0M
75M
51.94%
180M
0M
125M
15M
110M
280M
25.26%
125M
155M
52M
20M
22M
105M
1M
106M
0M
75M
23.77%
177M
0M
115M
14M
102M
266M
9.23%
121M
145M
48M
17M
21M
94M
0M
95M
0M
69M
10.26%
169M
0M
114M
14M
100M
253M
7.51%
115M
138M
44M
16M
18M
95M
0M
95M
0M
67M
9.40%
159M
0M
104M
12M
92M
207M
4.17%
93M
114M
39M
14M
17M
70M
0M
70M
0M
49M
-14.00%
132M
0M
91M
11M
80M
224M
7.82%
102M
122M
41M
15M
18M
83M
0M
83M
0M
61M
7.57%
143M
0M
90M
11M
79M
244M
21.98%
110M
133M
39M
15M
16M
90M
0M
90M
0M
63M
13.75%
149M
0M
111M
11M
100M
235M
22.34%
106M
129M
38M
15M
15M
87M
0M
87M
0M
61M
26.96%
145M
0M
104M
10M
94M
199M
16.64%
91M
108M
35M
13M
14M
82M
0M
82M
0M
57M
41.52%
126M
0M
74M
10M
65M
207M
25.05%
93M
114M
37M
15M
14M
80M
0M
80M
0M
56M
54.20%
130M
0M
84M
9M
74M
200M
15.97%
91M
109M
35M
14M
13M
78M
0M
78M
0M
55M
30.38%
126M
0M
80M
9M
70M
192M
14.29%
88M
104M
35M
13M
13M
69M
0M
69M
0M
48M
15.73%
123M
0M
80M
9M
71M
171M
20.25%
81M
89M
33M
13M
13M
58M
0M
58M
0M
41M
15.38%
114M
0M
63M
8M
55M
166M
14.36%
84M
82M
31M
13M
11M
49M
0M
49M
0M
37M
4.82%
115M
0M
61M
8M
52M
172M
10.09%
79M
93M
31M
13M
12M
60M
0M
60M
0M
42M
-0.23%
111M
0M
71M
9M
63M
168M
21.93%
78M
90M
30M
13M
10M
60M
0M
60M
0M
42M
10.54%
108M
0M
67M
8M
60M
142M
15.15%
66M
76M
26M
12M
9M
50M
0M
50M
0M
35M
17.42%
93M
0M
56M
7M
49M
145M
17.41%
70M
75M
26M
10M
9M
47M
0M
48M
0M
35M
12.31%
96M
0M
58M
7M
51M
156M
21.16%
70M
86M
24M
11M
8M
60M
0M
60M
0M
42M
29.10%
95M
0M
70M
7M
63M
138M
13.11%
63M
75M
22M
9M
7M
56M
1M
57M
0M
38M
22.79%
85M
0M
56M
6M
50M
123M
23.24%
55M
69M
22M
10M
7M
45M
0M
44M
0M
30M
29.68%
77M
0M
53M
6M
46M
124M
22.32%
57M
66M
22M
10M
7M
46M
0M
46M
0M
31M
14.87%
79M
0M
50M
6M
45M
129M
61.72%
59M
70M
23M
11M
7M
49M
0M
49M
0M
33M
148.52%
82M
0M
54M
6M
47M
122M
81.30%
55M
67M
21M
8M
7M
46M
0M
45M
0M
31M
198.23%
76M
0M
52M
6M
46M
100M
95.22%
46M
54M
19M
8M
6M
34M
0M
34M
0M
23M
579.07%
65M
0M
41M
6M
36M
101M
86.00%
45M
56M
17M
7M
5M
39M
2M
39M
0M
27M
766.82%
62M
0M
44M
6M
38M
80M
74.23%
40M
40M
19M
8M
5M
21M
0M
20M
0M
13M
486.52%
59M
0M
26M
6M
21M
67M
66.54%
37M
30M
15M
7M
5M
16M
0M
15M
0M
10M
-938.57%
52M
0M
16M
5M
10M
51M
12.76%
31M
21M
15M
7M
4M
5M
0M
5M
0M
3M
167.27%
46M
0M
11M
5M
5M
54M
-6.70%
34M
20M
15M
6M
5M
5M
0M
5M
0M
3M
-65.54%
50M
0M
10M
5M
5M
46M
-26.13%
29M
17M
13M
5M
5M
4M
0M
3M
0M
2M
-79.30%
42M
0M
4M
5M
-1M
40M
-27.88%
29M
12M
14M
5M
5M
-1M
0M
-2M
0M
-1M
-114.37%
42M
0M
3M
5M
-2M
45M
-14.12%
30M
16M
14M
5M
4M
2M
0M
1M
0M
1M
-84.40%
43M
0M
6M
4M
2M
58M
5.68%
32M
27M
12M
7M
4M
15M
1M
14M
0M
9M
8.67%
43M
0M
20M
5M
15M
62M
29.45%
33M
29M
12M
8M
4M
17M
0M
17M
0M
11M
27.30%
45M
0M
21M
4M
17M
56M
27.40%
29M
27M
14M
10M
4M
13M
0M
13M
0M
9M
33.88%
43M
0M
16M
4M
12M
53M
26.64%
28M
24M
12M
9M
3M
13M
0M
12M
0M
8M
23.23%
40M
0M
16M
4M
12M
55M
30.81%
31M
24M
11M
9M
3M
12M
1M
13M
0M
8M
-49.89%
43M
0M
16M
4M
12M
48M
32.33%
26M
22M
9M
7M
2M
13M
0M
13M
0M
9M
32.07%
35M
0M
16M
3M
13M
44M
35.39%
24M
20M
10M
8M
2M
10M
0M
10M
0M
6M
108.83%
34M
0M
13M
3M
10M
42M
28.61%
22M
19M
8M
6M
2M
11M
0M
11M
0M
7M
116.18%
31M
0M
14M
3M
11M
42M
53.77%
22M
20M
10M
15M
2M
11M
1M
8M
0M
17M
530.63%
31M
0M
16M
3M
13M
36M
32.23%
19M
17M
7M
7M
2M
10M
0M
8M
0M
6M
145.51%
26M
0M
14M
2M
12M
32M
55.96%
20M
13M
5M
6M
1M
8M
0M
6M
0M
3M
184.56%
25M
0M
9M
0M
8M
32M
55.96%
18M
32M
0M
5M
1M
32M
0M
5M
0M
3M
184.56%
0M
0M
32M
0M
0M
27M
80.38%
19M
27M
-82M
6M
2M
-55M
0M
6M
0M
3M
424.45%
82M
0M
-55M
0M
0M
27M
80.39%
12M
27M
0M
4M
1M
27M
0M
2M
0M
3M
424.65%
0M
0M
27M
0M
0M
21M
37.15%
25M
21M
0M
5M
2M
21M
0M
2M
0M
1M
113.72%
0M
0M
21M
0M
0M
21M
37.15%
0M
21M
0M
4M
1M
21M
1M
1M
0M
1M
113.72%
0M
0M
21M
0M
0M
15M
-
35M
15M
-58M
15M
5M
-42M
2M
0M
0M
1M
113.72%
58M
0M
-42M
0M
0M
15M
-
0M
15M
0M
0M
0M
15M
0M
0M
0M
1M
113.72%
0M
0M
15M
0M
0M
15M
-
0M
15M
0M
0M
0M
15M
0M
0M
0M
1M
113.72%
0M
0M
15M
0M
0M
15M
-
0M
15M
0M
0M
0M
15M
0M
0M
0M
1M
113.72%
0M
0M
15M
0M
0M