IPG PHOTONICS CORP
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 54.9% | 36.2% | 25.9% |
| FY2017 | 56.6% | 39.1% | 24.7% |
| FY2018 | 54.8% | 35.9% | 27.7% |
| FY2019 | 46.1% | 17.8% | 13.7% |
| FY2020 | 44.9% | 16.5% | 13.3% |
| FY2021 | 47.7% | 25.2% | 19.1% |
| FY2022 | 38.9% | 11.9% | 7.7% |
| FY2023 | 42.1% | 18.0% | 17.0% |
| FY2024 | 34.6% | -21.3% | -18.6% |
| FY2025 | 38.0% | 1.3% | 3.1% |