IPG PHOTONICS CORP
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $403.8M | $620.0M | $514.7M | $698.2M | $709.1M | $876.2M | $680.1M | $544.4M |
| Accounts Receivable | $181.7M | $171.1M | $219.1M | $211.3M | $262.1M | $264.3M | $238.5M | $255.5M |
| Inventory | $313.4M | $284.8M | $453.9M | $509.4M | $460.7M | $365.0M | $380.8M | $403.6M |
| Total Current Assets | $1.42B | $1.43B | $1.91B | $1.99B | $2.35B | $2.15B | $1.90B | $1.81B |
| Property, Plant & Equipment | $637.5M | $588.4M | $602.3M | $580.6M | $635.3M | $597.5M | $600.9M | $543.1M |
| Goodwill | $71.7M | $67.2M | $38.5M | $38.3M | $38.6M | $41.4M | $82.1M | $100.7M |
| Intangible Assets (Excl. Goodwill) | $49.9M | $55.4M | $26.2M | $34.1M | $52.7M | $62.1M | $74.3M | $87.1M |
| Total Assets | $2.42B | $2.29B | $2.70B | $2.74B | $3.17B | $2.94B | $2.73B | $2.57B |
| Liabilities | ||||||||
| Accounts Payable | $39.3M | $35.4M | $28.6M | $46.2M | $55.8M | $25.7M | $27.3M | $36.3M |
| Total Current Liabilities | $234.0M | $205.0M | $214.9M | $274.6M | $313.4M | $214.6M | $191.9M | $245.8M |
| Long-Term Debt | — | — | — | $0 | $16.0M | $34.2M | $38.0M | $41.7M |
| Total Liabilities | $296.2M | $264.8M | $283.5M | $357.9M | $423.3M | $341.6M | $328.0M | $368.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $2.64B | $2.61B | $2.80B | $2.58B | $2.47B | $2.19B | $2.03B | $1.85B |
| Total Stockholders' Equity | $2.13B | $2.02B | $2.42B | $2.39B | $2.75B | $2.59B | $2.40B | $2.21B |