IPG Photonics
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. IPG Photonics's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $1,287,439,000. The net income raised on $218,878,000 and profit margin reached 17%. Total operating expenses were $310,132,000.
Profit Margin
| 2014 | 769.83M | 200.44M | 26.04% |
|---|---|---|---|
| 2015 | 901.26M | 242.15M | 26.87% |
| 2016 | 1.00B | 260.75M | 25.92% |
| 2017 | 1.40B | 347.61M | 24.67% |
| 2018 | 1.45B | 404.02M | 27.68% |
| 2019 | 1.31B | 180.23M | 13.71% |
| 2020 | 1.20B | 159.57M | 13.29% |
| 2021 | 1.46B | 278.41M | 19.06% |
| 2022 | 1.42B | 109.90M | 7.69% |
| 2023 | 1.28B | 218.87M | 17% |
IPGP Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.28B | 1.42B | 1.46B | 1.20B | 1.31B | 1.45B | 1.40B | 1.00B | 901.26M | 769.83M |
Cost of revenue | 745.74M | 874.13M | 764.46M | 661.72M | 708.37M | 659.60M | 611.97M | 453.93M | 409.38M | 353.31M |
Gross profit | 541.69M | 555.41M | 696.39M | 538.99M | 606.20M | 800.26M | 796.91M | 552.24M | 491.87M | 416.51M |
Operating exp. | ||||||||||
Research and development | 98.70M | 116.11M | 139.57M | 126.89M | 129.99M | 122.76M | 100.87M | 78.55M | 63.33M | 53.40M |
Selling and marketing | 85.67M | 76.64M | 78.18M | 70.58M | 77.74M | 57.81M | 49.80M | 38.39M | 31.86M | 30.63M |
Total operating expenses | 310.13M | 324.01M | 343.63M | 307.48M | 315.33M | 283.01M | 231.33M | 183.43M | 152.39M | 139.37M |
Operating income | 231.56M | 293.30M | 367.88M | 198.65M | 347.94M | 523.40M | 551.11M | 364.31M | 342.04M | 283.75M |
Other income (expenses), net | 43.30M | -109.95M | -1.40M | 7.03M | -99.57M | 8.08M | 759K | -3.54M | -426K | 716K |
Income before tax | 274.87M | 183.35M | 366.48M | 205.69M | 248.37M | 534.39M | 551.87M | 366.56M | 341.61M | 284.47M |
Income tax expense | 55.99M | 72.58M | 88.61M | 45.35M | 68.11M | 130.22M | 204.28M | 105.84M | 99.59M | 84.02M |
Net income | 218.87M | 109.90M | 278.41M | 159.57M | 180.23M | 404.02M | 347.61M | 260.75M | 242.15M | 200.44M |
Earnings per share | ||||||||||
Basic EPS | 4.64 | 2.17 | 5.21 | 3 | 3.4 | 7.55 | 6.5 | 4.91 | 4.59 | 3.85 |
Diluted EPS | 4.63 | 2.16 | 5.16 | 2.97 | 3.35 | 7.38 | 6.36 | 4.85 | 4.53 | 3.79 |
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