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Ipg Photonics Corp  (NASDAQ: IPGP)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology

Ipg Photonics's

Competitiveness




 

IPGP Sales vs. its Competitors Q2 2026



Comparing the current results to its competitors, Ipg Photonics reported Revenue increase in the 2 quarter 2026 by 11.18 % year on year.
The revenue growth was below Ipg Photonics's competitors' average revenue growth of 63.16 %, achieved in the same quarter.

List of IPGP Competitors

With a net margin of 1.88 % Ipg Photonics reported lower profitability than its competitors.

More on IPGP Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Ipg Photonics Corp Net Income in the 2 quarter 2026 fell year on year by -20.64%, slower than its competitors' income growth of 58.44 %

<<  IPGP Stock Performance Comparisons


Ipg Photonics's Comment on Competition and Industry Peers


The company specializes in fiber laser technology, employing a vertically integrated approach to develop and manufacture specialty components, laser subsystems, systems, and related products. It maintains its competitive position through trade secrets, patents, trademarks, copyrights, and contractual protections. As of December 31, 2025, the company holds over 900 issued patents and has more than 450 pending patent applications worldwide. The business is not materially dependent on any single intellectual property right.



  

Overall company Market Share Q2 2026

Overall company revenue, increased less, than total company revenues, at 11.18 % and lost market share, to approximately 16.56 %.
<<  More on IPGP Market Share.
 
*Market share is calculated based on total revenue.

  News about Ipg Photonics Corp Contracts

IPG Photonics to Debut New Field-Ready Laser Defense System for Counter-UAS Applications at DSEI UK 2025 in London

August 27, 2025
IPG Photonics Unveils Revolutionary High-Energy Laser Defense System Amidst Challenging Market Conditions Marlborough, Mass. - In a bold stride towards redefining the dynamics of defense technology, IPG Photonics, a global leader in fiber laser technology, is ready to unveil its groundbreaking CROSSBOWMINI 3 kW high-energy laser (HEL) defense system at the upcoming Defence and Security Equipment International (DSEI) exhibition in London, scheduled for September 9-12, 2025. This compact and field-ready system is engineered specifically to combat the rising threat posed by unmanned aerial systems (UAS), showcasing IPG s commitment to innovation in directed-energy solutions.The CROSSBOWMINI addresses an urgen...

Navigating Tides IPG Photonics Innovates Amidst Revenue Decline with Dual-Beam Fiber Lasers

November 20, 2024
In the fast-evolving realm of additive manufacturing, innovation often becomes the lifeblood for companies navigating tumultuous market conditions. IPG Photonics Corporation (NASDAQ: IPGP), a global frontrunner in fiber laser technology, exemplifies this reality with its latest product launch against a backdrop of financial decline. Despite facing significant revenue challenges, the company continues to assert its technological prowess with the introduction of advanced dual-beam fiber lasers, designed to redefine precision and efficiency in additive manufacturing. A New Era of Precision with Dual-Beam Fiber Lasers On November 20, 2024, IPG Photonics unveiled its groundbreaking series of dual-beam fiber laser...

IPG Photonics Showcases New Fiber Laser Solutions at Photonics West 2024, Maintains Strong Profitability despite Revenue Decrease

January 29, 2024
IPG Photonics Corporation, a leading manufacturer of fiber lasers and amplifiers, is set to unveil its latest technology and solutions at Photonics West 2024 in San Francisco. The company s extensive range of laser sources, integrated systems, and industry-specific applications will be on display, highlighting its commitment to innovation in the e-mobility manufacturing and materials processing sectors. Despite a revenue decrease in the third quarter of 2023, IPG Photonics managed to outperform its competitors and maintain strong profitability.IPG Photonics Showcase at Photonics West 2024:The company s booth at Photonics West spreads across 2,000 square feet and offers visitors a glimpse into the latest adv...





Publicly Traded Peers of Ipg Photonics Corp




Applied Optoelectronics Inc
Share Performance



-15.05%
30 Days



Applied Optoelectronics Inc
Profile

Applied Optoelectronics Inc is a provider of optical communication products, utilizing its technology and expertise to design, manufacture, and sell a range of optical devices, modules, and subsystems used in data centers, telecom networks, and other applications. Their business model focuses on creating value through the development and sale of high-quality, high-performance optoelectronic solutions to meet the growing demand for fast and reliable communication.

More about Applied Optoelectronics Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 8,018.169 mill. $ 506.285 mill. $ -43.337 mill.


Lightpath Technologies Inc
Share Performance



-19.48%
30 Days



Lightpath Technologies Inc
Profile

Lightpath Technologies Inc operates under a business model that involves designing, manufacturing, and distributing optical components and high-power assemblies for various industries, such as telecommunications, medical, defense, and industrial. They primarily focus on providing custom-made solutions to their clients while leveraging their expertise in precision optics and photonic integration.

More about Lightpath Technologies Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 566.940 mill. $ 62.245 mill. $ -23.461 mill.


Lightwave Logic Inc
Share Performance



+63.61%
One Year



Lightwave Logic Inc
Profile

Lightwave Logic Inc's business model is focused on developing and commercializing advanced photonic devices and technologies for various industries.

More about Lightwave Logic Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 821.114 mill. $ 0.250 mill. $ -22.859 mill.


Mks Inc
Share Performance



+1.78%
Over The Past 5 Days



Mks Inc
Profile

MKS Instruments Inc is a company that designs, develops, manufactures, and markets instruments, subsystems, and process control solutions for various industries such as semiconductor, industrial manufacturing, and life and health sciences. Through its diverse product portfolio, the company aims to provide advanced technologies and solutions to facilitate precise and reliable measurement and control processes in different sectors.

More about Mks Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 18,508.041 mill. $ 4,073.000 mill. $ 327.000 mill.


Maxlinear Inc
Share Performance



-10.63%
30 Days



Maxlinear Inc
Profile

MaxLinear Inc. operates as a semiconductor company that designs and sells integrated circuits for use in broadband and networking applications. They focus on providing high-performance analog and mixed-signal semiconductor solutions to customers in various industries.

More about Maxlinear Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,106.672 mill. $ 568.189 mill. $ -103.759 mill.

11 more competitors available

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Sources: Ipg Photonics Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Ipg Photonics Corp versus competitors, including market share analysis.
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