IPG PHOTONICS CORP
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $20.2M | $24.1M | $41.4M | $55.0M | $62.3M | $60.1M | $-92.9M | $76.3M |
| Depreciation & Amortization | $15.3M | $16.2M | $16.9M | $17.3M | $17.5M | $17.9M | $20.7M | $22.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.4M | $1.4M | $1.8M | $2.0M | $2.0M | $2.0M | $2.1M | $2.4M |
| Stock-Based Compensation | $8.5M | $9.7M | $12.1M | $8.1M | $9.7M | $9.6M | $9.1M | $8.8M |
| Net Cash from Operating Activities | $53.5M | $54.6M | $106.1M | $86.0M | $66.7M | $37.3M | $41.6M | $75.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $24.2M | $28.1M | $25.2M | $26.1M | $25.7M | $33.4M | $25.6M | $24.6M |
| Business Acquisitions | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing Activities | $284.9M | $23.7M | $-74.6M | $-72.5M | $5.5M | $-96.0M | $-110.5M | $127.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $122.4M | $89.6M | $64.0M | $46.5M | $-63.0K | $113.1M | $116.6M | $71.3M |
| Net Cash from Financing Activities | $-119.5M | $-90.8M | $-60.4M | $-46.2M | $-12.6M | $-117.2M | $-113.7M | $-89.4M |
| Net Change in Cash | $224.1M | $-18.2M | $-13.6M | $-44.8M | $51.9M | $-177.1M | $-171.1M | $97.5M |
| Free Cash Flow | $29.2M | $26.5M | $80.8M | $59.9M | $40.9M | $3.9M | $16.0M | $51.2M |