Thursday, September 10, 2026
TBBTrade
The Chain Gazette · ResearchHardwareNASDAQ NMS - GLOBAL MARKETFull writeup
$80.29+0.92%as of 3:05 AM ET

IPGPIPG Photonics Corporation

Fiber-laser specialist; minor role in quantum laser supply chains as fiber pump laser components for Coherent's DPSS laser platforms; not a primary quantum control laser vendor.

Coiled

0

52w range compression, breakout-adjusted

Watched

10

7-day news volume + tape quietness

Sound

28

Margins, growth, FCF composite

Critical

Supply-chain concentration × demand

Pressure

11

Pricing Power

38.4%

Flat

Numbers on the wire.

Market cap

$3.4B

P/E (TTM)

122.41

P/S (TTM)

3.15

EV / EBITDA

143.00

Gross margin

38.35%

Op margin

0.75%

Net margin

2.58%

FCF margin

Rev growth YoY

13.04%

EPS growth YoY

-30.36%

ROE

1.30%

ROA

1.14%

Debt / Equity

0.00

Current ratio

6.18

Price / Book

2.34

Beta

0.99

IPG dominates industrial fiber lasers. Quantum role is minimal: fiber lasers are not suitable as primary ion-trap control lasers (bespoke UV/VIS diode-pumped solid-state lines required). Quantum is <0.1% of IPGP revenue. Included for supply-chain completeness as upstream fiber pump component supplier to COHR.

From the EDGAR wire.

From the tape.