Here are a few of the most interesting IPG Photonics statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
IPG Photonics Facts
- Website: Official Website
- Year Founded: 1990
- Headquarters: Oxford, MA
- Founder(s): Valentin Gapontsev
What is IPG Photonics?
IPG Photonics is the world leader in high-power fiber lasers, fiber amplifiers, hybrid fiber/solid-state lasers and diode lasers for use in a wide range of markets including materials processing, advanced technologies, telecommunications & medical applications. IPG manufactures fiber lasers operating at 0.5 – 5 microns. IPG’s 1um and 1.5um fiber lasers and amplifiers are particularly popular in single-frequency and linearly-polarized variants; providing products having the best available combination of performance, reliability and price. IPG’s newly developed 2-5 microns mid-IR lasers offer cost-effective solutions for sensing, spectroscopy, material processing & medical applications. (source)
IPG Photonics Revenue Totals
IPG Photonics annual net sales:
- 2019: $1.314 billion
- 2018: $1.459 billion
- 2017: $1.408 billion
- 2016: $1.006 billion
- 2015: $901 million
IPG Photonics annual net income:
- 2019: $180 million
- 2018: $404 million
- 2017: $347 million
- 2016: $260 million
- 2015: $242 million