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IPG Photonics (IPG Photonics) Net Income : $219 Mil (TTM As of Dec. 2023)


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What is IPG Photonics Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. IPG Photonics's Net Income for the three months ended in Dec. 2023 was $41 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $219 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. IPG Photonics's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.89.


IPG Photonics Net Income Historical Data

The historical data trend for IPG Photonics's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IPG Photonics Net Income Chart

IPG Photonics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.23 159.57 278.42 109.91 218.88

IPG Photonics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -92.90 60.14 62.32 54.99 41.43

IPG Photonics Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

IPG Photonics's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=274.875+-55.997+0+0
=219

IPG Photonics's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=42.153+-0.725+0+0
=41

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $219 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


IPG Photonics  (NAS:IPGP) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

IPG Photonics's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


IPG Photonics Net Income Related Terms

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IPG Photonics (IPG Photonics) Business Description

Traded in Other Exchanges
Address
377 Simarano Drive, Marlborough, MA, USA, 01752
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, fiber amplifiers, and diode lasers, which are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. A large majority of the firm's revenue is derived from materials processing applications for fiber lasers, including cutting and welding, marking and engraving, and micro-processing. Roughly a third of the firm's revenue is generated in China, with the rest coming from North America, Europe, Japan, Australia, and other countries across the world.
Executives
Eric Meurice director % VERIGY LTD, 5301 STEVENS CREEK BLVD, SANTA CLARA CA 95051
Valentin Gapontsev Trust I 10 percent owner 50 OLD WEBSTER ROAD, OXFORD MA 01540
Tang Agnes director C/O IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Kolleen T Kennedy director VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Alexander Ovtchinnikov officer: Vice President IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Jeanmarie F. Desmond director C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805
Eugene A Shcherbakov director, officer: Managing Director of IPG Laser IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Gregory R Beecher director C/OTERADYNE INC, 600 RIVERPARK DRIVE, NORTH READING MA 01864
Timothy Pv Mammen officer: Vice President & CFO IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Ip Fibre Devices Ltd 10 percent owner 660 MAIN STREET, STURBRIDGE MA 01566
Trevor Ness officer: VP World-Wide Sales and Mktg. C/O 50 OLD WEBSTER ROAD, OXFORD MA 01540
Igor Samartsev director, officer: Acting GM of NTO IRE-Polus IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Angelo P Lopresti officer: VP, Secretary & Gen Counsel IPG PHOTONICS CORPORATION, 50 OLD WEBSTER ROAD, OXFORD MA 01540
Felix I Stukalin officer: SVP, North America Operations
Natalia Pavlova director 3 ORCHARD HILL ROAD, WESTBOROUGH MA 01581