IPG PHOTONICS CORP (IPGP)
Established in 1990 and headquartered in Oxford, Massachusetts, IPG Photonics Corporation is a leading global developer and manufacturer of high-performance fiber, diode, and hybrid fiber-solid state lasers, along with fiber amplifiers. These advanced laser systems are primarily utilized across a wide range of materials processing applications worldwide. The company's extensive product portfolio encompasses a diverse array of laser types, including hybrid fiber-solid state lasers (offering green and UV wavelengths), fiber-pigtailed packaged diodes, fiber-coupled direct diode systems, high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization/single-frequency models. Complementing these are essential accessories such as high-power optical fiber delivery cables, couplers, beam switches, chillers, and scanners. IPG Photonics also offers a comprehensive range of fiber amplifiers, including erbium-doped, Raman, ytterbium, and thulium specialty types, alongside broadband light sources, which are crucial for integrated communication systems and broadband networks. Furthermore, the company develops integrated laser systems for specialized tasks, such as 2D compact flat sheet cutting, multi-axis operations, precision welding (e.g., the welding seam stepper and picker), and other high-precision or bespoke laser applications. It extends its offerings to optical transceiver and transponder modules, critical for interconnecting electronic equipment like Ethernet switches, IP routers, and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operator, and data center networking environments. Beyond materials processing, IPG Photonics' innovative lasers and amplifiers find diverse utility in communications, medical technology, and various other cutting-edge fields. The company markets its products to a broad customer base, including original equipment manufacturers (OEMs), system integrators, and direct end-users, leveraging its dedicated direct sales force alongside a global network of independent sales representatives and distributors.
Sector: Semiconductors & Related Devices
Industry: Semiconductors
IPG Photonics Corporation
NASDAQ:IPGPTechnology · Semiconductors
+5.29%$65.31
Prev close$62.03+5.29%Close$65.310.00%AH close$65.31
AH$65.31+0.00%vs close
Mkt Cap$2.78B
Float20.33M
O/S42.51M
Inst Own76.1%
SI19.2%
Dilution
Financials Summary
Revenue$1B
Net Income$31.1M
Total Assets$2.42B
Free Cash Flow-$3.45M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$17.25M
Total Equity$2.13B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IPGP's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.42B
Liabilities$296.15M
Accounts Receivable$181.73M
Accounts Payable$39.29M
Inventory$313.42M
PP&E (Net)$637.52M
Goodwill$71.73M
Intangible Assets$49.93M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Revenue | $1B | $977.13M | $1.29B | $1.43B | $1.46B | $1.2B | $1.31B | $1.46B | $1.41B | $1.01B | $901.26M | $769.83M | $648.03M | $562.53M | $474.48M | $299.26M | $185.89M | $229.08M | $188.68M | $143.22M | $96.39M | $60.71M | $33.74M | $22.18M | $26.49M |
| YoY Growth | 2.7% | -24.1% | -9.9% | -2.1% | 21.7% | -8.7% | -10.0% | 3.6% | 40.0% | 11.6% | 17.1% | 18.8% | 15.2% | 18.6% | 58.6% | 61.0% | -18.9% | 21.4% | 31.7% | 48.6% | 58.8% | 79.9% | 52.1% | -16.3% | - |
| Cost of Revenue | $622.31M | $638.98M | $745.74M | $874.13M | $764.46M | $661.73M | $708.37M | $659.61M | $611.98M | $453.93M | $409.39M | $353.31M | $308.14M | $257.8M | $217.23M | $152.8M | $121.63M | $121.78M | $103.69M | $79.93M | $62.48M | $42.27M | $0 | $23.28M | $26.22M |
| Gross Profit | $381.46M | $338.15M | $541.7M | $555.41M | $696.4M | $539M | $606.21M | $800.27M | $796.91M | $552.24M | $491.88M | $416.52M | $339.9M | $304.73M | $257.25M | $146.46M | $64.27M | $107.3M | $84.98M | $63.29M | $33.9M | $18.43M | $33.74M | -$1.1M | $267K |
| Gross Margin | 38.0% | 34.6% | 42.1% | 38.9% | 47.7% | 44.9% | 46.1% | 54.8% | 56.6% | 54.9% | 54.6% | 54.1% | 52.5% | 54.2% | 54.2% | 48.9% | 34.6% | 46.8% | 45.0% | 44.2% | 35.2% | 30.4% | 100.0% | -4.9% | 1.0% |
| Research and Development | $117.4M | $109.78M | $98.7M | $116.11M | $139.57M | $126.9M | $130M | $122.77M | $100.87M | $78.55M | $63.33M | $53.4M | $41.66M | $31.4M | $25.42M | $19.16M | $18.54M | $15.8M | $9.53M | $6.54M | $5.79M | $4.83M | $0 | $8.38M | $0 |
| Selling, General, and Administrative | $241M | $213.9M | $211.43M | $207.9M | $204.06M | $180.59M | $185.34M | $160.24M | $130.47M | $104.88M | $89.06M | $85.97M | $77.56M | $63.08M | $59.17M | $47.74M | $35.65M | $34.3M | $29.13M | $20.74M | $13.83M | $10.54M | $0 | $33.26M | $0 |
| Other | $9.96M | $222.73M | -$407K | $61.9M | -$15.12M | $32.85M | $57.08M | -$6.15M | $14.46M | $4.5M | -$2.56M | -$6.62M | $2.54M | $1.36M | -$2.86M | -$848K | $1.02M | -$2.8M | $0 | $0 | $0 | $0 | $33.74M | $9.47M | $63.56M |
| Total Operating Expenses | $368.36M | $546.41M | $309.73M | $385.91M | $328.51M | $340.34M | $372.42M | $276.86M | $245.8M | $187.93M | $149.83M | $132.76M | $121.75M | $95.84M | $81.73M | $66.06M | $55.21M | $50.1M | $38.66M | $27.29M | $19.62M | $15.37M | $33.74M | $51.12M | $63.56M |
| Operating Income (EBIT) | $13.1M | -$208.25M | $231.97M | $169.5M | $367.88M | $198.66M | $233.79M | $523.4M | $551.11M | $364.31M | $342.04M | $283.76M | $218.15M | $208.89M | $175.52M | $80.4M | $9.06M | $57.2M | $46.32M | $36.01M | $14.28M | $3.06M | $33.74M | -$52.22M | -$63.3M |
| Operating Margin | 1.3% | -21.3% | 18.0% | 11.9% | 25.2% | 16.5% | 17.8% | 35.9% | 39.1% | 36.2% | 38.0% | 36.9% | 33.7% | 37.1% | 37.0% | 26.9% | 4.9% | 25.0% | 24.6% | 25.1% | 14.8% | 5.0% | 100.0% | -235.4% | -238.9% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.3M | $0 | $77K | $1K | $319K | $681K | $1.19M | $1.25M | $777K | $674K | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $45.47M | $41.73M | $12.62M | $0 | $6.27M | $14.24M | $9.06M | $737K | $0 | $301K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $31.99M | $46.37M | $42.9M | $13.85M | -$1.4M | $7.03M | $14.58M | $10.99M | $759K | $2.25M | -$426K | $716K | $154K | $327K | -$938K | -$1.15M | -$1.29M | -$632K | $1.29M | -$7.89M | -$2.35M | -$2.57M | -$33.74M | $3.84M | $9.69M |
| Income Before Tax (EBT) | $45.1M | -$161.89M | $274.88M | $183.35M | $366.48M | $205.69M | $248.38M | $534.39M | $551.87M | $366.56M | $341.62M | $284.47M | $218.3M | $209.22M | $174.58M | $79.25M | $7.77M | $56.56M | $47.61M | $28.12M | $11.93M | $491K | $0 | -$48.38M | -$53.6M |
| Income Tax Expense | $14M | $19.64M | $56M | $72.59M | $88.61M | $45.35M | $68.11M | $130.23M | $204.28M | $105.85M | $99.59M | $84.03M | $62.52M | $61.47M | $53.58M | $24.9M | $2.48M | $18.11M | $15.52M | -$3M | $4.08M | -$1.6M | $28.21M | $1.18M | -$3.98M |
| Net Income | $31.1M | -$181.53M | $218.88M | $109.91M | $278.42M | $159.57M | $180.23M | $404.03M | $347.61M | $260.75M | $242.15M | $200.44M | $155.78M | $145M | $117.76M | $53.99M | $5.42M | $36.65M | $29.89M | $29.23M | $7.43M | $2.01M | -$28.21M | -$49.38M | -$49.62M |
| Net Income Margin | 3.1% | -18.6% | 17.0% | 7.7% | 19.1% | 13.3% | 13.7% | 27.7% | 24.7% | 25.9% | 26.9% | 26.0% | 24.0% | 25.8% | 24.8% | 18.0% | 2.9% | 16.0% | 15.8% | 20.4% | 7.7% | 3.3% | -83.6% | -222.7% | -187.3% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | 0.73 | -4.09 | 4.64 | 2.17 | 5.21 | 3.00 | 3.40 | 7.55 | 6.50 | 4.91 | 4.59 | 3.85 | 3.02 | 2.87 | 2.48 | 1.16 | 0.12 | 0.82 | 0.69 | 0.27 | 0.16 | 0.01 | -0.74 | -2.13 | -2.07 |
| Diluted EPS | 0.73 | -4.09 | 4.63 | 2.16 | 5.16 | 2.97 | 3.35 | 7.38 | 6.36 | 4.85 | 4.53 | 3.79 | 2.97 | 2.81 | 2.41 | 1.13 | 0.12 | 0.79 | 0.65 | 0.26 | 0.16 | 0.01 | -0.74 | -2.13 | -2.07 |
| Weighted Average OS | 42.60M | 44.34M | 47.15M | 50.76M | 53.41M | 53.19M | 53.06M | 53.52M | 53.49M | 53.07M | 52.68M | 52.10M | 51.55M | 50.48M | 47.37M | 46.42M | 45.49M | 44.51M | 43.27M | 27.90M | 30.17M | 38.55M | 38.30M | 23.19M | 23.97M |
| EBITDA | $111.95M | $75.92M | $301.19M | $321.97M | $449.09M | $326.06M | $387.14M | $597.53M | $630.14M | $420.28M | $381.9M | $312.75M | $252.21M | $236.39M | $196.62M | $101.4M | $28.19M | $73.17M | $58.63M | $45.11M | $21.86M | $10.21M | $33.74M | -$52.22M | -$63.3M |
| EBITDA Margin | 11.2% | 7.8% | 23.4% | 22.5% | 30.7% | 27.2% | 29.4% | 40.9% | 44.7% | 41.8% | 42.4% | 40.6% | 38.9% | 42.0% | 41.4% | 33.9% | 15.2% | 31.9% | 31.1% | 31.5% | 22.7% | 16.8% | 100.0% | -235.4% | -238.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2002-12-31 | 2001-12-31 |
| Assets | ||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||
| Cash and Cash Equivalents | $403.79M | $620.04M | $514.67M | $698.21M | $709.11M | $876.23M | $680.07M | $544.36M | $909.9M | $623.86M | $582.53M | $522.15M | $448.78M | $384.05M | $180.23M | $147.86M | $82.92M | $51.28M | $37.97M | $75.67M | $8.36M | $2.55M | $1.38M | $8.85M |
| Short-Term Investments | $435.54M | $310.15M | $662.81M | $479.37M | $805.4M | $514.84M | $502.55M | $500.43M | $206.26M | $206.78M | $106.58M | $0 | $0 | $0 | $25.45M | $0 | $0 | $0 | $6.95M | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $839.33M | $930.19M | $1.18B | $1.18B | $1.51B | $1.39B | $1.18B | $1.04B | $1.12B | $830.63M | $689.12M | $522.15M | $448.78M | $384.05M | $205.69M | $147.86M | $82.92M | $51.28M | $44.92M | $75.67M | $8.36M | $2.55M | $1.38M | $8.85M |
| Accounts Receivable | $181.73M | $171.13M | $219.05M | $211.35M | $262.12M | $264.32M | $238.48M | $255.51M | $237.28M | $155.9M | $150.48M | $143.11M | $103.8M | $96.63M | $75.75M | $58.06M | $32.91M | $43.81M | $37.09M | $22.35M | $15.43M | $10.81M | $0 | $0 |
| Inventory | $313.42M | $284.78M | $453.87M | $509.36M | $460.75M | $364.99M | $380.79M | $403.58M | $307.71M | $239.01M | $203.74M | $171.01M | $172.7M | $139.62M | $116.98M | $72.47M | $52.87M | $72.56M | $60.41M | $42.16M | $28.59M | $29.58M | $0 | $0 |
| Other Current Assets | $45.77M | $27.3M | $38.21M | $47.05M | $73.32M | $57.8M | $55.88M | $57.76M | $47.92M | $41.29M | $45.91M | $36.6M | $45.07M | $31.59M | $22.75M | $8.59M | $7.56M | $6.17M | $6.2M | $16.26M | $3M | $1.65M | $0 | $0 |
| Total Current Assets | $1.42B | $1.43B | $1.91B | $1.99B | $2.35B | $2.15B | $1.9B | $1.81B | $1.75B | $1.3B | $1.12B | $893.84M | $786.34M | $664.96M | $434.74M | $300.69M | $181.34M | $181.02M | $155.69M | $156.44M | $57.87M | $46.65M | $1.38M | $8.85M |
| Long-Term Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment Net | $637.52M | $588.38M | $602.26M | $580.56M | $635.3M | $597.53M | $600.85M | $543.07M | $460.21M | $379.38M | $288.6M | $275.08M | $252.25M | $210.56M | $155.2M | $120.68M | $111.45M | $114.49M | $96.37M | $67.15M | $50.99M | $45.98M | $0 | $0 |
| Goodwill | $71.73M | $67.24M | $38.54M | $38.33M | $38.61M | $41.37M | $82.09M | $100.72M | $55.83M | $19.83M | $505K | $455K | $455K | $2.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $49.93M | $55.38M | $26.23M | $34.12M | $52.68M | $62.11M | $74.27M | $87.14M | $51.22M | $28.79M | $11.9M | $9.23M | $9.56M | $7.51M | $6.16M | $7.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $76.53M | $0 | $0 | $0 | $0 | $0 | $0 | $4.7M | $16K | $77K | $0 | $0 | $0 | $0 | $0 | -$7.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $123.89M | $115.03M | $88.79M | $75.15M | $47.76M | $43.2M | $31.39M | $19.16M | $31.7M | $42.44M | $9.39M | $5.44M | $4.8M | $2.11M | $4.83M | $4.35M | $3.88M | $2.4M | $2.79M | $3.8M | $0 | $4.76M | $0 | $0 |
| Other Long-Term Assets | $41.23M | $32.25M | $28.43M | $28.85M | $48.51M | $43.42M | $45.19M | $14.23M | $18.99M | $18.53M | $20.09M | $26.85M | $7.81M | $7.46M | $7.49M | $16.04M | $15.96M | $15.3M | $8.47M | $5.1M | $6.62M | $13.15M | $0 | $0 |
| Total Long-Term Assets | $1B | $858.27M | $784.24M | $757.01M | $822.86M | $787.62M | $833.8M | $769.03M | $617.97M | $489.04M | $330.49M | $317.05M | $274.87M | $230.54M | $173.68M | $141.07M | $131.29M | $132.19M | $107.63M | $76.05M | $57.61M | $63.89M | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $117.17M | $0 |
| Total Assets | $2.42B | $2.29B | $2.7B | $2.74B | $3.17B | $2.94B | $2.73B | $2.57B | $2.37B | $1.79B | $1.45B | $1.21B | $1.06B | $895.5M | $608.41M | $441.76M | $312.64M | $313.22M | $263.32M | $232.49M | $115.48M | $110.55M | $117.17M | $128.23M |
| Liabilities | ||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||
| Accounts Payable | $39.29M | $35.38M | $28.62M | $46.23M | $55.84M | $25.75M | $27.33M | $36.3M | $35.11M | $28.05M | $26.31M | $17.14M | $18.79M | $17.78M | $11.12M | $9.51M | $5.62M | $7.74M | $9.44M | $7.64M | $5.16M | $3.24M | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $16.03M | $18.13M | $3.81M | $3.74M | $3.67M | $3.6M | $3.19M | $2M | $15.96M | $4.63M | $3.95M | $8.67M | $8.17M | $7.34M | $21.1M | $11.22M | $10.9M | $19.18M | $14.25M | $0 | $0 |
| Current Income Tax Payable | $0 | $17.59M | $4.89M | $9.62M | $8.64M | $8.28M | $11.05M | $51.16M | $15.77M | $24.55M | $37.81M | $21.67M | $15.22M | $42.44M | $26.02M | $11.59M | $2.18M | $507K | $96K | $8.29M | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $66.21M | $56.45M | $69.22M | $80.07M | $89.66M | $71.25M | $59.53M | $56.52M | $47.32M | $34.57M | $21.52M | $16.61M | $18.49M | $17.17M | $15.32M | $11.59M | $2.18M | $19.68M | $8.98M | $7.53M | $9.91M | $7.17M | $0 | $0 |
| Other Current Liabilities | $96.22M | $69.36M | $80.25M | $88.96M | $109.51M | $62.78M | $48.88M | $84.71M | $81.21M | $58.72M | $42.05M | $34.91M | $33.61M | $29.48M | $25.83M | $34.04M | $15.92M | $10.34M | $6.7M | $8.41M | $5.66M | $4.61M | $0 | $0 |
| Total Current Liabilities | $234.04M | $205.02M | $214.86M | $274.65M | $313.43M | $214.58M | $191.9M | $245.78M | $198.9M | $158.28M | $144.98M | $122.08M | $100.08M | $125.9M | $98.5M | $82.77M | $36.83M | $49.03M | $34.48M | $40.77M | $34.32M | $25.72M | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $16.03M | $34.16M | $37.97M | $41.71M | $45.38M | $37.63M | $17.67M | $19.67M | $11.33M | $14.01M | $15.73M | $15.64M | $16.67M | $18M | $20M | $30.07M | $30.29M | $39.36M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$80.73M | -$100.65M | -$36.37M | -$26.93M | $22.58M | -$19.73M | -$3.27M | -$5.41M | $0 | $0 | $0 | $0 | -$3.52M | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $9.4M | $14.21M | $1.51M | $1.47M | $1.63M | $92.85M | $98.12M | $80.73M | $105.37M | $36.37M | $30.12M | $22.58M | $21.84M | $12.66M | $5.41M | $1.09M | $2.57M | $2.9M | $4.2M | $232K | $82K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $40.54M | $32.44M | $53.48M | $65.02M | $73.7M | $0 | $0 | $0 | $100.65M | $0 | $0 | -$22.58M | $0 | $0 | $46.12M | $24.65M | $0 | $0 | $0 | $0 | $96.35M | $94M | $0 | $0 |
| Total Long-Term Liabilities | $62.11M | $59.77M | $68.65M | $83.27M | $109.89M | $127.01M | $136.09M | $122.44M | $150.75M | $74M | $47.78M | $42.25M | $33.17M | $26.67M | $20.18M | $42.03M | $19.23M | $20.89M | $24.2M | $30.3M | $126.72M | $133.35M | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $136.68M | $0 |
| Total Liabilities | $296.15M | $264.79M | $283.51M | $357.92M | $423.32M | $341.59M | $327.99M | $368.22M | $349.65M | $232.28M | $192.76M | $164.33M | $133.25M | $152.57M | $118.68M | $124.8M | $56.06M | $69.92M | $58.69M | $71.07M | $161.04M | $159.07M | $136.68M | $0 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.88M | $4.88M | $5M | $18.66M |
| Common Stock | $6K | $6K | $6K | $6K | $6K | $6K | $5K | $5K | $5K | $5K | $5K | $5K | $5K | $5K | $5K | $5K | $5K | $4K | $4K | $4K | $4K | $4K | $0 | $0 |
| Retained Earnings | $2.64B | $2.61B | $2.8B | $2.58B | $2.47B | $2.19B | $2.03B | $1.85B | $1.44B | $1.09B | $833.36M | $591.2M | $390.76M | $234.98M | $122.83M | $5.57M | -$48.42M | -$53.84M | -$90.5M | -$120.39M | -$149.63M | -$157.05M | $0 | $0 |
| Comprehensive Income & Other | -$38.38M | -$119.37M | -$212.53M | -$204.52M | -$189.95M | -$146.06M | -$146.92M | -$162.9M | -$77.34M | -$178.58M | -$181.48M | -$112.26M | -$1.7M | -$3.09M | -$12.1M | $968K | $11.11M | $8.79M | $15.17M | $7.86M | $3.21M | $6.87M | $0 | $0 |
| Other Stockholders' Equity | -$516.84M | -$589.4M | -$380.01M | -$191.16M | $279.97M | $404.62M | $372.99M | $357.04M | $578.45M | $463.44M | $426.17M | $455.35M | $537.21M | $507.94M | $320.49M | $311.19M | $304.85M | $292.01M | $290.67M | $278.98M | $103.12M | $108.01M | -$19.52M | $12.09M |
| Total Equity | $2.13B | $2.02B | $2.42B | $2.39B | $2.75B | $2.59B | $2.4B | $2.21B | $2.02B | $1.56B | $1.26B | $1.05B | $927.97M | $742.93M | $443.32M | $316.76M | $256.43M | $238.17M | $200.18M | $158.59M | -$46.5M | -$49.04M | -$19.52M | $12.09M |
| Minority Interest | $0 | $0 | $0 | $0 | $639K | $1.29M | $717K | $686K | $0 | $166K | $1.14M | $0 | $0 | $0 | $46.41M | $203K | $141K | $5.13M | $4.46M | $2.83M | $948K | $511K | $0 | $0 |
| Total Liabilities and Equity | $2.42B | $2.29B | $2.7B | $2.74B | $3.17B | $2.93B | $2.73B | $2.57B | $2.37B | $1.79B | $1.45B | $1.21B | $1.06B | $895.5M | $562M | $441.56M | $312.5M | $308.09M | $258.87M | $229.66M | $114.53M | $110.03M | $117.17M | $12.09M |
| Supplementary Data | ||||||||||||||||||||||||
| Total Debt | $17.25M | $17.96M | $18.26M | $38.05M | $58.13M | $43.74M | $47.01M | $45.38M | $48.98M | $40.82M | $19.67M | $35.63M | $15.96M | $18.13M | $24.4M | $24.21M | $24.01M | $39.1M | $31.22M | $40.97M | $49.47M | $53.61M | $0 | $0 |
| Net Debt | -$386.54M | -$602.08M | -$496.41M | -$660.16M | -$650.97M | -$832.49M | -$633.06M | -$498.98M | -$860.92M | -$583.03M | -$562.87M | -$486.52M | -$432.81M | -$365.92M | -$155.84M | -$123.65M | -$58.91M | -$12.18M | -$6.75M | -$34.7M | $41.11M | $51.06M | -$1.38M | -$8.85M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $31.1M | -$181.53M | $218.88M | $110.76M | $277.87M | $160.34M | $180.26M | $404.17M | $347.59M | $260.72M | $242.03M | $200.44M | $155.78M | $147.74M | $121.01M | $54.35M | $5.28M | $36.65M | $29.89M | $29.23M | $7.43M | $2.01M |
| Depreciation & Amortization | $66.85M | $61.44M | $69.62M | $90.56M | $96.33M | $94.55M | $96.27M | $80.27M | $64.57M | $51.48M | $42.41M | $35.61M | $31.52M | $26.14M | $23.96M | $21.84M | $19.17M | $15.83M | $12.3M | $9.11M | $7.58M | $7.15M |
| Deferred Income Tax | -$13.68M | -$25.66M | -$13.79M | -$27.57M | -$6.88M | -$12.81M | -$15.49M | -$4.58M | $22.88M | -$12.91M | -$7.15M | -$1.49M | -$6.17M | $5.55M | -$288K | $401K | -$4.09M | $2.44M | $8.12M | -$10.16M | $2.73M | -$462K |
| Stock-Based Compensation | $42.95M | $37.07M | $39.5M | $38.3M | $37.86M | $35.47M | $33.36M | $28.03M | $23.02M | $21.73M | $18.99M | $15.17M | $11.72M | $8.56M | $8.05M | $3.2M | $2.77M | $2.07M | $1.32M | $533K | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | -$4.76M | $46.83M | -$10.39M | $34.1M | -$2.09M | -$13.02M | -$481K | -$20.24M | -$60.92M | -$11.85M | -$9.23M | -$45.26M | -$9.02M | -$18.33M | -$21.67M | -$24.34M | $9.27M | -$8.47M | -$11.29M | -$6.13M | $0 | $0 |
| Inventory | -$52.92M | $47.73M | $1.82M | -$189.01M | -$149.75M | -$39.9M | -$28.11M | -$135.44M | -$71.08M | -$53.63M | -$70.56M | -$42.25M | -$47.58M | -$22.98M | -$56.14M | -$27.02M | $6.36M | -$21.66M | -$15.3M | -$19.88M | -$4.01M | $1.18M |
| Accounts Payable | $4.33M | -$1.53M | -$16.32M | -$12.17M | $31M | -$1.94M | -$10.26M | -$1.43M | $2.31M | -$407K | $9.81M | $3.26M | $974K | $4.38M | $1.99M | $3.41M | -$498K | -$2.27M | $1.09M | $1.09M | $0 | $0 |
| Other Working Capital | -$31.97M | -$31.51M | -$29.66M | -$35.13M | $36.87M | -$41.89M | -$52.59M | $9.91M | $22.16M | -$14.34M | -$4.72M | -$10.4M | -$43.94M | $3.02M | -$4.52M | $20.93M | $4.56M | $4.38M | -$20.65M | $4.84M | -$3.7M | -$5.45M |
| Total Working Capital Change | -$85.32M | $61.52M | -$54.56M | -$202.22M | -$83.97M | -$96.75M | -$91.43M | -$147.2M | -$107.52M | -$80.22M | -$74.71M | -$94.64M | -$99.56M | -$33.91M | -$80.35M | -$27.01M | $19.68M | -$28.01M | -$46.16M | -$20.09M | -$7.71M | -$4.28M |
| Other Non-Cash Items | $33.44M | $295.05M | $36.33M | $202.82M | $68.5M | $104.54M | $120.55M | $32.61M | $53.91M | $51.49M | $35M | $29.1M | $26.08M | $21.41M | $15.54M | $10.64M | $11.58M | $5.67M | $5.18M | $10.57M | $3.37M | $1.75M |
| Net Cash from Operating | $75.34M | $247.9M | $295.99M | $212.65M | $389.7M | $285.33M | $323.52M | $393.3M | $404.45M | $292.29M | $256.57M | $184.21M | $119.37M | $175.5M | $87.93M | $63.42M | $54.41M | $34.67M | $10.66M | $19.2M | $13.59M | $6.25M |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$78.8M | -$98.52M | -$110.48M | -$110.14M | -$123.11M | -$87.7M | -$133.54M | -$160.34M | -$126.53M | -$127.04M | -$70.12M | -$90.6M | -$70.92M | -$68.41M | -$53.58M | -$28.37M | -$10.5M | -$37.11M | -$34.34M | -$20.44M | -$15.99M | -$4.04M |
| Acquisitions | $505K | -$92.06M | $31.24M | $50.94M | $1.41M | -$429K | -$15.12M | -$109.11M | -$59.54M | -$47.79M | -$4.96M | $0 | -$5.55M | -$11.6M | -$750K | -$4.11M | $0 | -$259K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$943.32M | -$713.15M | -$1.23B | -$1.12B | -$1.94B | -$1.11B | -$760.3M | -$765.31M | -$211.83M | -$299.51M | -$106.75M | $0 | $236K | $0 | -$25.45M | $0 | $247K | $298K | -$6.95M | $0 | $0 | $0 |
| Sales of Investments | $755.42M | $1.08B | $1.07B | $1.45B | $1.65B | $1.1B | $768.08M | $470.33M | $212.51M | $198.81M | $164K | $0 | $495K | $25.45M | $0 | $0 | $0 | $5.45M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $965K | $29M | $558K | $26.82M | -$1.51M | $882K | $898K | $1.44M | $15.53M | $1.13M | $93K | $521K | -$143K | -$929K | $109K | -$77K | -$388K | -$2.03M | -$587K | $1.31M | $7.35M | $167K |
| Net Cash from Investing | -$265.23M | $208.73M | -$237.55M | $296.95M | -$416.28M | -$99.57M | -$139.97M | -$563M | -$169.86M | -$274.41M | -$181.57M | -$90.08M | -$75.89M | -$55.48M | -$79.67M | -$32.56M | -$10.64M | -$33.65M | -$41.88M | -$19.13M | -$8.64M | -$3.87M |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | - | - | $16.03M | $18.13M | $3.81M | $3.74M | $3.67M | $3.6M | -$8.16M | -$21.16M | $13.33M | $1.67M | $2.85M | $2.12M | $1.43M | $1.33M | $1.34M | $155K | $18.18M | $5.45M | $54K | $1.65M |
| Common Stock Issuance | -$1.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $14.13M | $0 | $0 | $167.93M | $0 | $0 | $0 | $2.12M | $3.06M | $93.17M | $1M | $268K |
| Common Stock Repurchases | -$53.13M | -$343.82M | -$223.5M | -$499.51M | -$134.89M | -$37.88M | -$40.73M | -$176.06M | -$39.99M | -$8.95M | $0 | $0 | $0 | $0 | $0 | $0 | $3.03M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$33.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $4.2M | $3.15M | $3.08M | $13.63M | $31.54M | $7.34M | $13.02M | $28.46M | $20.64M | $21.04M | $13.54M | $16.15M | -$45.94M | $33.27M | $38.35M | -$50K | $2.77M | $57K | -$20.81M | $11K | $142K |
| Net Cash from Financing | -$54.19M | -$339.62M | -$236.38M | -$514.55M | -$125.07M | -$10.08M | -$37.07M | -$166.65M | -$3.37M | $32.85M | $2.5M | $11.53M | $14.15M | $82.09M | $31.89M | $37.77M | -$12.28M | $12.49M | -$6.79M | $66.91M | $1.14M | -$426K |
| Forex Effect | $27.83M | -$11.64M | -$5.59M | -$5.95M | -$17.8M | $19.89M | -$7.85M | -$29.2M | $54.83M | -$9.41M | -$17.12M | -$32.28M | $7.09M | $1.71M | -$7.76M | -$3.7M | $151K | -$194K | $313K | $322K | -$266K | $60K |
| Net Change in Cash | -$216.25M | $105.37M | -$183.53M | -$10.9M | -$169.45M | $195.57M | $138.63M | -$365.54M | $286.05M | $41.32M | $60.38M | $73.37M | $64.72M | $203.82M | $32.37M | $64.94M | $31.64M | $13.31M | -$37.7M | $67.31M | $5.81M | $2.01M |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | $75.34M | $247.9M | $295.99M | $212.65M | $389.7M | $285.33M | $323.52M | $393.3M | $404.45M | $292.29M | $256.57M | $184.21M | $119.37M | $175.5M | $87.93M | $63.42M | $54.41M | $34.67M | $10.66M | $19.2M | $13.59M | $6.25M |
| Capital Expenditure | -$78.8M | -$98.52M | -$110.48M | -$110.14M | -$123.11M | -$87.7M | -$133.54M | -$160.34M | -$126.53M | -$127.04M | -$70.12M | -$90.6M | -$70.92M | -$68.41M | -$53.58M | -$28.37M | -$10.5M | -$37.11M | -$34.34M | -$20.44M | -$15.99M | -$4.04M |
| Free Cash Flow | -$3.45M | $149.37M | $185.5M | $102.51M | $266.59M | $197.64M | $189.99M | $232.96M | $277.91M | $165.25M | $186.45M | $93.6M | $48.45M | $107.09M | $34.34M | $35.05M | $43.91M | -$2.44M | -$23.68M | -$1.24M | -$2.4M | $2.21M |
| Cash at Beginning | $620.04M | $514.67M | $698.21M | $709.11M | $878.55M | $682.98M | $544.36M | $909.9M | $623.86M | $582.53M | $522.15M | $448.78M | $384.05M | $180.23M | $147.86M | $82.92M | $51.28M | $37.97M | $75.67M | $8.36M | $2.55M | $536K |
| Cash at End | $403.79M | $620.04M | $514.67M | $698.21M | $709.11M | $878.55M | $682.98M | $544.36M | $909.9M | $623.86M | $582.53M | $522.15M | $448.78M | $384.05M | $180.23M | $147.86M | $82.92M | $51.28M | $37.97M | $75.67M | $8.36M | $2.55M |