Company IPG Photonics Corporation

Equities

IPGP

US44980X1090

Electronic Equipment & Parts

Market Closed - Nasdaq 04:30:01 2024-03-28 pm EDT 5-day change 1st Jan Change
90.69 USD +0.13% Intraday chart for IPG Photonics Corporation -0.36% -16.45%

Business Summary

IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, primarily in materials processing. The Company’s portfolio of laser solutions is used in materials processing, medical and advanced applications. It designs and manufactures components used in its finished products, from semiconductor diodes to optical fiber preforms, finished fiber lasers and amplifiers. It manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors and chillers. The Company offers laser-based and non-laser-based systems for certain markets and applications. It sells its products to original equipment manufacturers (OEMs), system integrators and end users. It markets its products internationally, through its direct sales force. Its manufacturing facilities are located in the United States, Germany, Russia and Belarus.

Number of employees: 6,180

Sales per Business

USD in Million2022Weight2023Weight Delta
High Power Continuous Wave (CW) Lasers
40.8 %
614 42.9 % 525 40.8 % -14.46%
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue
22.9 %
284 19.9 % 295 22.9 % +3.87%
Pulsed Lasers
14.4 %
251 17.5 % 186 14.4 % -25.97%
Laser and Non-Laser Systems
12.5 %
153 10.7 % 161 12.5 % +5.02%
Medium Power CW Lasers
5.6 %
77 5.4 % 72 5.6 % -7.01%
Quasi-Continuous Wave (QCW) Lasers
3.8 %
50 3.5 % 49 3.8 % -3.11%

Sales per region

USD in Million2022Weight2023Weight Delta
China
27.6 %
480 33.6 % 355 27.6 % -25.96%
North America
24.4 %
339 23.7 % 314 24.4 % -7.30%
Other Europe
22.6 %
294 20.6 % 291 22.6 % -1.07%
Other
11.1 %
152 10.7 % 142 11.1 % -6.56%
Germany
6.8 %
85 6.0 % 88 6.8 % +2.97%
Japan
5.6 %
58 4.0 % 72 5.6 % +25.00%
Rest of the World
1.9 %
21 1.4 % 24 1.9 % +16.24%

Managers

Managers TitleAgeSince
Founder 61 89-12-31
Chief Executive Officer 76 00-08-31
Director of Finance/CFO 54 00-06-30
Chief Tech/Sci/R&D Officer 63 01-09-30
Investor Relations Contact - -
Comptroller/Controller/Auditor 55 06-07-31
Corporate Officer/Principal 69 02-06-30
General Counsel 60 01-01-31
Sales & Marketing 51 10-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 23-01-19
Chief Executive Officer 76 00-08-31
Director/Board Member 64 19-01-22
Director/Board Member 69 00-08-31
Chairman 69 12-10-02
Director/Board Member 67 14-06-02
Founder 61 89-12-31
Director/Board Member 50 22-03-27
Director/Board Member 57 21-01-06
Director/Board Member 45 21-01-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 56,094,900 30,638,228 ( 54.62 %) 9,996,767 ( 17.82 %) 54.62 %

Shareholders

NameEquities%Valuation
Gapontsev Valentin Trust I
15.64 %
7,209,599 15.64 % 623 M $
Estate Of Gapontsev Valentin Pavlovich
15.00 %
6,914,004 15.00 % 597 M $
First Eagle Investment Management LLC
9.236 %
4,257,637 9.236 % 368 M $
Vanguard Fiduciary Trust Co.
6.605 %
3,044,812 6.605 % 263 M $
BlackRock Advisors LLC
5.358 %
2,469,911 5.358 % 213 M $
Lazard Asset Management LLC
2.194 %
1,011,544 2.194 % 87 M $
943,576 2.047 % 81 M $
942,240 2.044 % 81 M $
930,756 2.019 % 80 M $
Gapontsev Valentin Trust Iii
2.013 %
928,000 2.013 % 80 M $

Company contact information

IPG Photonics Corp.

377 Simarano Drive

01752, Marlborough

+508 373 1100

http://www.ipgphotonics.com
address IPG Photonics Corporation(IPGP)

Group companies

NameCategory and Sector
IPG Photonics (India) Pvt Ltd.