OakChart

IPG Photonics Corp

IPGPTechnology·Semiconductor Equipment & Materials·USA·Mid·NASD·Nov 13 • 7:10 AM ET

70.82-0.04 (-0.06%)
2026-11-13 13:11 CET
Market cap
$3.01B
Revenue, TTM
1,106.05 USD m
Net income, TTM
40.37 USD m
Free cash flow, TTM
35.01 USD m
EPS diluted, TTM
0.94
Price / earnings
75.04
Compare

Price

IPGP against its 20, 50 and 200-day averages
Terms2050200BeatMiss
Patternshover a marker to name it
RS 0Sales 287Price28729060.0080.00100.00120.00705K1.4MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26IPGPclose 70.8220-day 71.3950-day 75.37200-day 100.4370.8252w low 61.5952-week range, not 6 months

54.6% under the 52-week high of 155.82 on 13 Feb 2026. 52-week low 61.59 on 5 Nov 2026. Last 15 sessions, 24.9% high to low

Volume 0.00× normal · the line is the 50-bar volume average

Setup. RS line 0
CANSLIM 4 of 6 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 0 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; Average Volume: Over 500K; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 3 of 4 — fails: Return on Equity: Over +15%
Quality 2 of 5 — fails: Return on Equity: Over +15%; Net Profit Margin: High (>20%); P/E: Under 25
Value 2 of 4 — fails: P/E: Under 15; Return on Equity: Over +15%
Income 1 of 4 — fails: Dividend Growth: Growing 2+ Years; P/E: Under 25 — not on the tape: Dividend Yield: Over 2%
Small Cap 1 of 4 — fails: Average Volume: Over 500K; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200; Performance: Year Up
Relative Strength 0 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200; Average Volume: Over 500K

Profile

IPGP
52-week range, 10% of the way up
61.59155.82

IPG Photonics Corp. engages in the provision of design, development, production and distribution of fiber lasers, laser systems, fiber amplifiers, and related optical components. Its products include lasers, beam delivery, medical, telecom equipment, product finder and components such as pump diodes, chillers, and mid-IR crystals. The company was founded by Valentin P. Gapontsev and Igor Samartsev in 1990 and is headquartered in Marlborough, MA.

IndexRUI
Employees4840
IPODec 13, 2006
Beta1.01
ATR, 14d3.59
Rel volume0.00
Short float14.27%
Insider own39.70%
Inst own73.16%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap$3.01B
Enterprise Value2.10B
Income40.37M
Sales1.11B
Book / share50.69
Cash / share21.78
Dividend Est.-
Dividend TTM-
Dividend Ex-DateDec 19, 2012
Dividend Gr. 3/5Y- -
Payout0.00%
Employees4840
IPODec 13, 2006

Ratios

Price / earnings75.04
Forward price / earnings30.78
Price / earnings / growth0.51
Price / sales2.72
Price / book1.40
Price / cash3.25
Price / free cash flow85.99
Value / cash profit16.90
Value / sales1.90
Quick Ratio4.68
Current Ratio5.99
Debt / equity0.01
Long-term debt / equity0.01
Options and shortYes / Yes

Earnings

Earnings / share0.94
Earnings next year2.30
Earnings next quarter0.44
Earnings this year49.78%
Earnings next year110.42%
Earnings growth, 5 years60.51%
Past earnings growth-30.35% -24.47%
Past sales growth-11.12% -3.52%
Earnings vs last year57.80%
Sales vs last year14.78%
Earnings vs last quarter169.78%
Sales vs last quarter14.64%
EarningsNov 03 BMO
Surprise1.89% 1.48%

Ownership

Insiders own39.70%
Insider trades-1.52%
Institutions own73.16%
Institution trades5.05%
Return on assets1.66%
Return on equity1.90%
Return on capital1.86%
Gross Margin40.27%
Operating margin5.14%
Profit Margin3.65%
20-day average-0.81%
50-day average-6.04%
200-day average-29.48%

Technical

Shares out42.51M
Shares floating25.63M
Short / float14.27%
Short ratio8.06
Short interest3.66M
52-week high155.82 -54.6%
52-week low61.59 +15.0%
Volatility4.98% 4.92%
Average range3.59
Strength index46.81
Market sensitivity1.01
Relative volume0.00
Avg Volume453.86K
Volume1

Performance

Perf Week8.43%
Perf Month-3.99%
Perf Quarter-19.62%
Perf Half Y-31.08%
Perf YTD-1.09%
Perf Year-13.29%
Perf 3Y-22.43%
Perf 5Y-58.36%
Perf 10Y-25.45%
Recommendation1.91
Target Price106.43
Prev Close70.86
Price70.82
Change %-0.06%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
May 06, 2026UpgradeNeedhamHold → Buy$110+55.3%
Feb 13, 2026DowngradeRaymond JamesStrong Buy → Outperform$180+154.2%
Nov 05, 2025UpgradeCitigroupSell → Buy$105+48.3%
Oct 07, 2025InitiatedRoth CapitalBuy$96+35.6%
Aug 07, 2025UpgradeBernsteinMkt Perform → Outperform$97+37.0%
Mar 18, 2025UpgradeCL KingNeutral → Buy$76+7.3%
Dec 04, 2024DowngradeNorthcoastBuy → Neutral
Aug 01, 2024DowngradeSeaport Research PartnersBuy → Neutral
Jul 31, 2024DowngradeThe Benchmark CompanyBuy → Hold
Feb 15, 2024DowngradeCitigroupNeutral → Sell$111 → $74+4.5%

Peers

Mkt cap
TickerCompanyMkt cap
LASRnLIGHT Inc2.59B
COHRCoherent Corp45.90B
MKSIMKS Inc15.32B
NOVTNovanta Inc4.44B
VECOVeeco Instruments Inc2.46B
ONTOOnto Innovation Inc10.36B
LITELumentum Holdings Inc56.58B
ESABESAB Corp5.13B
LECOLincoln Electric Holdings Inc15.41B
CGNXCognex Corp8.55B

Insider trading

latest 14 of 69
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Valentin Gapontsev Trust I10% OwnerNov 03 '26Sale75.1814,6321,100,0346,622,234Nov 04 04:18 PM
Valentin Gapontsev Trust I10% OwnerNov 02 '26Sale75.186,020452,5846,636,866Nov 04 04:18 PM
IP FIBRE DEVICES LTD10% OwnerOct 02 '26Sale85.6415,3611,315,5156,390,628Oct 06 04:42 PM
SCHERBAKOV EUGENE ADirectorOct 02 '26Sale85.303,048259,99445,162Oct 06 04:40 PM
IP FIBRE DEVICES LTD10% OwnerOct 02 '26Proposed Sale85.64135,00011,561,400Oct 02 04:23 PM
SCHERBAKOV EUGENE A10% OwnerOct 02 '26Proposed Sale85.307,620649,986Oct 02 04:12 PM
Valentin Gapontsev Trust IIOfficerSep 22 '26Proposed Sale77.7811,688909,072Sep 22 04:00 PM
Valentin Gapontsev Trust I10% OwnerSep 01 '26Sale75.1418,0911,359,3586,652,192Sep 03 04:23 PM
Valentin Gapontsev Trust I10% OwnerSep 02 '26Sale75.959,306706,8286,642,886Sep 03 04:23 PM
PEELER JOHN RDirectorAug 26 '26Buy73.582,710199,40020,886Aug 27 04:27 PM
IP FIBRE DEVICES LTD10% OwnerAug 05 '26Sale96.1218,1111,740,7616,405,989Aug 06 04:10 PM
IP FIBRE DEVICES LTD10% OwnerAug 04 '26Sale95.1812,2021,161,3866,424,100Aug 06 04:10 PM
IP FIBRE DEVICES LTD10% OwnerJul 31 '26Sale85.8127,0002,316,8996,436,302Aug 04 04:58 PM
SCHERBAKOV EUGENE ADirectorJul 31 '26Sale86.611,524131,99448,210Aug 04 04:56 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
IJHiShares Core S&P Mid-Cap ETFAUM: 125.56B
VGTVanguard Information Technology ETFAUM: 142.20B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.56B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.54B
ROBOROBO Global Robotics and Automation Index ETFAUM: 1.86B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.68B
VXFVanguard Extended Market Index ETFAUM: 30.79B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.64B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 0.470 beat 0.461, from 0.180 a year earlier. Sales 287.5 beat 283.31, from 250.79 a year earlier
EPS
0.47002024Q4 EPS 0.180 against 0.21124Q42025Q1 EPS 0.090 against 0.19525Q12025Q2 EPS 0.160 against 0.09825Q22025Q3 EPS 0.180 against 0.13425Q32025Q4 EPS 0.310 against 0.18925Q42026Q1 EPS 0.040 against 0.27126Q12026Q2 EPS 0.120 against 0.36626Q22026Q3 EPS 0.470 against 0.46126Q3
Sales, USD millions
287.502024Q4 sales 234.34 against 229.0824Q42025Q1 sales 227.79 against 225.0325Q12025Q2 sales 250.72 against 229.5925Q22025Q3 sales 250.79 against 239.8125Q32025Q4 sales 274.47 against 249.5325Q42026Q1 sales 265.5 against 256.9926Q12026Q2 sales 278.58 against 279.9826Q22026Q3 sales 287.5 against 283.3126Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-03 08:300.4700.4610.470287.5283.31EPS +1.9% · sales +1.5%vs 2025Q3, year-ago quarter · EPS +161.1% · sales +14.6%8Open +2.02% vs SPY +0.08%. Close +2.07% vs SPY +0.30%
2026Q2ended 2026-06-302026-08-04 08:300.1200.3660.122278.58279.98EPS -67.2% · sales -0.5%vs 2025Q2, year-ago quarter · EPS -25.0% · sales +11.1%8Open +7.79% vs SPY +0.39%. Close +7.88% vs SPY +1.80%
2026Q1ended 2026-03-312026-05-05 08:300.0400.2710.037265.5256.99EPS -85.3% · sales +3.3%vs 2025Q1, year-ago quarter · EPS -55.6% · sales +16.6%7Open -24.22% vs SPY +0.52%. Close -25.74% vs SPY +0.80%
2025Q4ended 2025-12-312026-02-12 08:300.3100.1890.311274.47249.53EPS +64.2% · sales +10.0%vs 2024Q4, year-ago quarter · EPS +72.2% · sales +17.1%6 EPS · 8 salesOpen +5.23% vs SPY +0.33%. Close +35.48% vs SPY -1.54%
2025Q3ended 2025-09-302025-11-04 08:300.1800.1340.175250.79239.81EPS +34.3% · sales +4.6%vs 2024Q3, year-ago quarter · EPS -103.4% · sales +7.6%8Open -2.88% vs SPY -1.06%. Close -2.21% vs SPY -1.19%
2025Q2ended 2025-06-302025-08-05 08:300.1600.0980.155250.72229.59EPS +62.8% · sales +9.2%vs 2024Q2, year-ago quarter · EPS -64.4% · sales -2.7%8Open +4.57% vs SPY +0.10%. Close -3.65% vs SPY -0.51%
2025Q1ended 2025-03-312025-05-06 08:300.0900.1950.088227.79225.03EPS -53.9% · sales +1.2%vs 2024Q1, year-ago quarter · EPS -82.7% · sales -9.6%8 EPS · 9 salesOpen -10.26% vs SPY -0.99%. Close -13.02% vs SPY -0.84%
2024Q4ended 2024-12-312025-02-11 08:300.1800.2110.183234.34229.08EPS -14.8% · sales +2.3%vs 2023Q4, year-ago quarter · EPS -79.8% · sales -21.6%8 EPS · 9 salesOpen +3.52% vs SPY -0.38%. Close -5.46% vs SPY +0.08%
2024Q3ended 2024-09-302024-10-29 08:30-5.3300.192-5.329233.14227.89EPS -2874.6% · sales +2.3%vs 2023Q3, year-ago quarter · EPS -559.5% · sales -22.6%9Open +3.00% vs SPY -0.17%. Close +7.29% vs SPY +0.16%
2024Q2ended 2024-06-302024-07-30 08:300.4500.5010.448257.65259.35EPS -10.1% · sales -0.7%vs 2023Q2, year-ago quarter · EPS -65.6% · sales -24.2%9 EPS · 10 salesOpen -8.69% vs SPY +0.28%. Close -7.32% vs SPY -0.51%
2024Q1ended 2024-03-312024-04-30 08:300.5200.4870.522252.01255.53EPS +6.8% · sales -1.4%vs 2023Q1, year-ago quarter · EPS -58.7% · sales -27.4%8 EPS · 9 salesOpen -8.22% vs SPY -0.29%. Close -5.19% vs SPY -1.58%
2023Q4ended 2023-12-312024-02-13 08:300.8900.9500.888298.89287.03EPS -6.3% · sales +4.1%vs 2022Q4, year-ago quarter · EPS -146.6% · sales -10.4%7 EPS · 8 salesOpen -7.00% vs SPY -1.29%. Close -16.06% vs SPY -1.38%
2023Q3ended 2023-09-302023-10-31 08:301.1601.0071.161301.4314.65EPS +15.2% · sales -4.2%vs 2022Q3, year-ago quarter · EPS -21.1% · sales -13.6%7 EPS · 8 sales-
2023Q2ended 2023-06-302023-08-01 08:301.3101.2441.313339.97346.78EPS +5.3% · sales -2.0%vs 2022Q2, year-ago quarter · EPS +19.1% · sales -9.8%7-
2023Q1ended 2023-03-312023-05-02 08:301.2601.1391.259347.17330.6EPS +10.6% · sales +5.0%vs 2022Q1, year-ago quarter · EPS -3.8% · sales -6.2%6 EPS · 5 sales-
2022Q4ended 2022-12-312023-02-14 08:30-1.9100.890-1.907333.54320.15EPS -314.5% · sales +4.2%vs 2021Q4, year-ago quarter · EPS -257.9% · sales -8.5%7-

Annual earnings

2025FY EPS 0.730 beat 0.616, from -4.090 a year earlier. Sales 1,004 beat 979.46, from 977.13 a year earlier
EPS
7.3830-4.0902018FY EPS 7.380 against 7.38320182019FY EPS 3.350 against 4.22820192020FY EPS 2.970 against 3.07420202021FY EPS 5.160 against 5.15020212022FY EPS 2.160 against 4.69420222023FY EPS 4.630 against 4.68720232024FY EPS -4.090 against -4.07720242025FY EPS 0.730 against 0.6162025
Sales, USD millions
1,46102018FY sales 1,460 against 1,44320182019FY sales 1,315 against 1,29420192020FY sales 1,201 against 1,17920202021FY sales 1,461 against 1,45220212022FY sales 1,430 against 1,41620222023FY sales 1,287 against 1,27620232024FY sales 977.13 against 971.0420242025FY sales 1,004 against 979.462025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-4.250--1,47416.66
2029FYestimate-3.600--1,30319.67
2028FYestimate-3.019--1,32823.46
2027FYestimate-2.301--1,21130.78
2026FYestimate-1.093--1,11864.77
2025FY0.7300.6160.7301,004979.4698.08
2024FY-4.090-4.077-4.094977.13971.04-
2023FY4.6304.6874.6261,2871,27623.44
2022FY2.1604.6942.1581,4301,41643.83
2021FY5.1605.1505.1631,4611,45233.36
2020FY2.9703.0742.9671,2011,17975.35
2019FY3.3504.2283.3481,3151,29443.26
2018FY7.3807.3837.3801,4601,44315.35
2017FY7.2607.1236.3601,4091,39429.49
2016FY4.8504.7884.8501,00699920.35
2015FY4.5304.4904.530901.27901.1515.63
2014FY3.7903.7683.790769.83766.8418.69
2013FY2.9703.0262.970648.03645.3423.85
2012FY2.8102.8722.810562.53563.6225.20
2011FY2.4102.4162.410474.48479.4729.39
2010FY1.1301.0771.130299.26294.5162.67

Quarterly results

2026Q3 revenue 287.5, from 250.79 a year earlier. Operating margin 8.4%, from 3.9% a year earlier
Revenue, USD millions
287.502024Q4 revenue 234.3424Q42025Q1 revenue 227.7925Q12025Q2 revenue 250.7225Q22025Q3 revenue 250.7925Q32025Q4 revenue 274.4725Q42026Q1 revenue 265.526Q12026Q2 revenue 278.5826Q22026Q3 revenue 287.526Q3
Operating margin
8.402024Q4 operating margin 5.9%24Q42025Q1 operating margin 1.9%25Q12025Q2 operating margin 1.3%25Q22025Q3 operating margin 3.9%25Q32025Q4 operating margin 2.1%25Q42026Q1 operating margin 2.1%26Q12026Q2 operating margin 7.6%26Q22026Q3 operating margin 8.4%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 1.09 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-081.09-0.9%
2026Q4Eper share2026-11-080.44+2.0%
2026FYRper share2026-11-081.09-0.9%
2026Q4Rper share2026-11-080.44+2.0%
2026FYSUSD millions2026-11-081,118-0.3%
2026Q4S-2026-11-08286.93+0.4%
2026Q3S-2026-10-19283.310.0%
2026Q3Eper share2026-10-180.460.0%
2026Q3Rper share2026-10-180.460.0%
2026Q2Eper share2026-07-200.370.0%
2026Q2Rper share2026-07-200.370.0%
2026Q2S-2026-07-19279.980.0%
2026Q1Rper share2026-05-050.28+1.4%
2026Q1Eper share2026-05-020.270.0%
2026Q1S-2026-04-29256.990.0%
2025FYEper share2026-02-120.64+4.0%
2025Q4Eper share2026-02-120.21+10.0%
2025FYRper share2026-02-120.64+4.0%
2025Q4Rper share2026-02-120.21+10.0%
2025FYS-2026-02-12982.08+0.3%
2025Q4S-2026-02-12252.31+1.1%
2025Q3Eper share2025-10-200.130.0%
2025Q3Rper share2025-10-200.130.0%
2025Q3S-2025-10-19239.80.0%
2025Q2Eper share2025-07-290.10+16.6%
2025Q2Rper share2025-07-290.10+16.6%
2025Q2S-2025-07-29229.59+0.6%
2025Q1Eper share2025-04-280.200.0%
2025Q1Rper share2025-04-280.200.0%
2025Q1S-2025-04-28225.030.0%
2024FYEper share2025-02-05-4.08+22.2%
2024FYRper share2025-02-05-4.08+22.2%
2024FYS-2025-02-05971.04-0.2%
2024Q4Eper share2025-01-310.21-7.1%
2024Q4Rper share2025-01-310.21-7.1%
2024Q4S-2025-01-31229.08-0.8%
2024Q3Eper share2024-10-250.19-1.7%
2024Q3Rper share2024-10-250.19-1.7%
2024Q3S-2024-10-25227.89-0.2%
2024Q2Eper share2024-07-150.500.0%
2024Q2Rper share2024-07-150.500.0%
2024Q2S-2024-07-15259.310.0%
2024Q1Eper share2024-04-280.490.0%
2024Q1Rper share2024-04-280.490.0%
2024Q1S-2024-04-28255.530.0%
2023FYSUSD millions2024-01-291,2760.0%
2023FYEper share2024-01-244.690.0%
2023FYRper share2024-01-244.690.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share6.367.383.3482.9675.1632.1584.626-4.0940.7290.9437-
Sales USD millions1,4091,4601,3151,2011,4611,4301,2879771,0041,106-
Shares million shares545353535348464342-43
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share-5.3290.1830.0880.1550.1750.3110.0370.1220.473
Sales USD millions233234228251251274265279288
Shares million shares434343424242424343

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue1,106.051,003.78+2.7%977.13-24.1%1,287.44-9.9%1,429.55-2.1%1,460.86+21.7%1,200.72-8.7%1,314.58-10.0%1,459.87
Cost of Goods Sold Incl. D&A660.66592.21-7.3%638.98-14.7%749.22-14.5%876.52+13.0%775.64+24.4%623.60-7.9%677.25+4.2%649.96
Gross Profit445.39411.57+21.7%338.15-37.2%538.22-2.7%553.03-19.3%685.22+18.7%577.12-9.4%637.33-21.3%809.92
Selling, General and Administrative Excl. Other371.31358.40+10.7%323.68+5.6%306.65-4.7%321.62-3.3%332.45+10.7%300.24-2.4%307.56+10.0%279.68
Research and Development124.42117.40+6.9%109.78+11.2%98.70-15.0%116.11-16.8%139.57+10.1%126.77-2.0%129.36+5.9%122.13
Other Operating Expense17.2430.110.000.000.000.00-100.0%45.38+16.7%38.90+199.7%12.98
Operating Income56.8423.06+59.3%14.48-93.7%231.57+0.1%231.40-34.4%352.76+52.4%231.51-20.4%290.87-43.8%517.25
Interest Expense-----1.84---
Unusual Expense31.320.60-97.8%27.01+2743.2%0.95-98.9%89.210.00-100.0%46.38+4.8%44.25+221150.0%0.02
Net Income Before Taxes52.5345.10-161.89-158.9%274.88+49.9%183.35-50.0%366.48+78.2%205.69-17.2%248.38-53.5%534.39
Income Taxes12.1614.00-28.7%19.64-64.9%56.00-22.9%72.59-18.1%88.61+95.4%45.35-33.4%68.11-47.7%130.23
Consolidated Net Income40.3731.10-181.53-182.9%218.88+97.6%110.76-60.1%277.87+73.3%160.34-11.1%180.26-55.4%404.17
Net Income From Continuing Operations40.3731.10-181.53-182.9%218.88+99.1%109.91-60.5%278.42+74.5%159.57-11.5%180.23-55.4%404.03
Net Income40.3731.10-181.53-182.9%218.88+99.1%109.91-60.5%278.42+74.5%159.57-11.5%180.23-55.4%404.03
EPS (Recurring) per share1.450.74-3.67-179.1%4.64+37.3%3.38-34.5%5.16+44.5%3.57-8.9%3.92-46.9%7.38
EPS (Basic, Before Extraordinaries) per share0.950.73-4.09-188.1%4.64+113.8%2.17-58.3%5.21+73.7%3.00-11.8%3.40-55.0%7.55
EPS (Diluted) per share0.940.73-4.09-188.3%4.63+114.4%2.16-58.1%5.16+73.7%2.97-11.3%3.35-54.6%7.38
EBITDA124.2789.91+18.4%75.92-74.8%301.19-6.0%320.31-28.4%447.35+37.2%326.06-15.8%387.14-35.2%597.53
Non-Operating Income (Expense)27.0122.64-149.36-437.5%44.26+7.6%41.15+164.5%15.56-24.3%20.56+1068.2%1.76-89.7%17.16
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense32.6133.58+46.8%22.88-26.1%30.94+2.9%30.07+0.5%29.91+6.2%28.16-1.1%28.46+33.1%21.39
Price To Earnings Ratio ratio statement ratio, not the snapshot75.0975.09-59.4518.5733.3475.3143.3415.35
Price To Sales Ratio ratio3.033.043.303.993.376.3510.025.944.25
Gross Margin %40.2741.0034.6141.8138.6946.9148.0648.4855.48
Operating Margin %5.142.301.4817.9916.1924.1519.2822.1335.43
Net Margin %3.653.10-18.5817.007.6919.0613.2913.7127.68
Shares Outstanding million shares42.5142.13-1.0%42.55-8.1%46.32-3.8%48.14-9.2%53.01-0.8%53.43+0.8%53.01+0.1%52.94
Market Capitalization3,012.123,012.12-4.2%3,145.00-38.2%5,092.97+10.4%4,611.79-49.7%9,176.59-23.1%11,928.16+55.1%7,690.90+27.1%6,049.69

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue287.50+14.6%278.58+11.1%265.50+16.6%274.47+17.1%250.79+7.6%250.72-2.7%227.79-9.6%234.34-21.6%
Cost of Goods Sold Incl. D&A163.78+12.1%160.35-2.9%161.13+16.8%175.40+21.8%146.08-18.4%165.13+12.0%137.98-10.7%143.99-22.6%
Gross Profit123.72+18.2%118.23+38.1%104.37+16.2%99.07+9.7%104.71+93.6%85.59-22.3%89.81-7.9%90.34-20.0%
Selling, General and Administrative Excl. Other92.77+4.0%91.37+22.6%93.94+9.8%93.24+21.9%89.22+8.7%74.55-8.6%85.57+2.4%76.50-8.5%
Research and Development31.34+3.2%31.00+3.5%33.31+17.5%28.77+11.8%30.36+11.7%29.94+8.9%28.34-3.5%25.74-7.1%
Other Operating Expense6.66+16.6%5.70-27.3%4.870.005.717.84-44.0%0.000.00
Operating Income24.28+148.3%21.16+561.3%5.56+31.1%5.83-57.9%9.783.20-78.1%4.24-69.7%13.85-52.7%
Unusual Expense0.23-45.2%17.4113.500.18-59.1%0.42-98.4%0.000.000.44+528.6%
Net Income Before Taxes28.41+81.5%12.54+51.6%1.02-90.4%10.56-52.0%15.658.27-66.9%10.62-68.4%22.01-47.8%
Income Taxes8.14-0.6%7.30+337.1%-0.56-108.2%-2.71-119.1%8.191.67-65.6%6.86-27.8%14.20+1872.2%
Consolidated Net Income20.27+171.7%5.24-20.7%1.58-58.0%13.27+69.7%7.466.61-67.2%3.76-84.4%7.82-81.1%
Net Income From Continuing Operations20.27+171.7%5.24-20.7%1.58-58.0%13.27+69.7%7.466.61-67.2%3.76-84.4%7.82-81.1%
Net Income20.27+171.7%5.24-20.7%1.58-58.0%13.27+69.7%7.466.61-67.2%3.76-84.4%7.82-81.1%
EPS (Recurring) per share0.48+166.7%0.41+156.3%0.26+188.9%0.31+63.2%0.180.16-64.4%0.09-82.7%0.19-78.7%
EPS (Basic, Before Extraordinaries) per share0.48+166.7%0.12-25.0%0.04-55.6%0.32+77.8%0.180.16-64.4%0.09-82.7%0.18-79.8%
EPS (Diluted) per share0.47+161.1%0.12-25.0%0.04-55.6%0.31+72.2%0.180.16-64.4%0.09-82.7%0.18-79.8%
EBITDA40.24+58.3%36.68+92.7%21.46+9.6%25.89-9.7%25.4219.03-36.4%19.58-35.2%28.67-38.0%
Non-Operating Income (Expense)4.36-30.7%8.79+73.4%8.96+40.4%4.90-43.0%6.295.07-51.2%6.38-67.4%8.60-33.5%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense8.71+2.6%8.12-9.0%8.10-4.7%7.68+61.0%8.49-3.2%8.92+32.1%8.50+10.5%4.77-49.8%
Price To Earnings Ratio ratio statement ratio, not the snapshot75.09172.83157.06119.15----
Price To Sales Ratio ratio3.034.714.723.043.503.092.843.18
Gross Margin %43.0342.4439.3136.1041.7534.1439.4338.55
Operating Margin %8.457.592.102.133.901.281.865.91
Net Margin %7.051.880.604.832.982.631.653.33
Shares Outstanding million shares42.51+0.9%42.53+0.5%42.44-0.7%42.13-1.0%42.12-2.6%42.33-4.3%42.73-6.2%42.55-8.1%
Market Capitalization3,012.12-9.9%4,979.48+70.5%4,834.71+80.0%3,016.11-4.1%3,343.39+1.7%2,920.01-24.1%2,686.52-35.7%3,145.00-38.2%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments839.33-9.8%930.19-21.0%1,177.480.0%1,177.58-22.2%1,514.51+8.9%1,391.07+17.6%1,182.62+13.2%1,044.79-6.4%1,116.16
Short Term Receivables185.20+5.3%175.87-23.0%228.44+3.9%219.97-19.0%271.47-0.7%273.32+10.2%248.12-6.6%265.61+11.9%237.28
Inventories313.42+10.1%284.78-37.3%453.87-10.9%509.36+10.6%460.75+26.2%364.99-4.1%380.79-5.6%403.58+31.2%307.71
Other Current Assets85.50+112.9%40.16-26.8%54.86-30.9%79.36-21.4%100.97-14.9%118.70+39.5%85.10-6.9%91.44-1.5%92.86
Total Current Assets1,423.44-0.5%1,430.99-25.3%1,914.65-3.6%1,986.27-15.4%2,347.68+9.3%2,148.08+13.3%1,896.63+5.1%1,805.42+2.9%1,754.01
Net Property, Plant & Equipment661.74+8.8%608.38-1.9%619.93+3.4%599.81-9.3%661.61+5.7%625.75-0.9%631.47+14.8%550.11+17.9%466.48
Total Investments and Advances76.530.000.00-100.0%0.200.000.00-100.0%2.91-38.1%4.700.00
Intangible Assets121.67-0.8%122.62+89.3%64.77-10.6%72.44-20.6%91.29-11.8%103.48-33.8%156.36-16.8%187.86+75.5%107.05
Deferred Tax Assets123.89+7.7%115.03+29.6%88.79+18.2%75.15+57.3%47.76+10.6%43.20+37.6%31.39+63.8%19.16-29.0%26.98
Other Assets17.01+39.0%12.24+13.9%10.75+14.4%9.40-57.7%22.20+46.1%15.19+30.3%11.66+61.9%7.20-43.4%12.73
Total Assets2,424.28+5.9%2,289.26-15.2%2,698.90-1.6%2,743.28-13.5%3,170.54+8.0%2,935.70+7.5%2,730.44+6.1%2,574.45+8.8%2,367.26
Short Term Debt Incl. Current Port. of LT Debt5.07+5.0%4.83+5.0%4.60-78.4%21.27-9.8%23.58+145.9%9.59+6.1%9.04+146.3%3.67+1.9%3.60
Accounts Payable39.29+11.1%35.38+23.6%28.62-38.1%46.23-17.2%55.84+116.9%25.75-5.8%27.33-24.7%36.30+3.4%35.11
Income Tax Payable9.90-43.7%17.59+259.7%4.89-49.2%9.62+11.3%8.64+4.3%8.28-25.1%11.05-78.4%51.16+224.4%15.77
Other Current Liabilities179.78+22.1%147.21-16.7%176.75-10.5%197.53-12.4%225.37+31.8%170.96+18.3%144.48-6.6%154.64+7.1%144.42
Total Current Liabilities234.04+14.2%205.02-4.6%214.86-21.8%274.65-12.4%313.43+46.1%214.58+11.8%191.90-21.9%245.77+23.6%198.90
Long Term Debt12.18-7.2%13.12-4.0%13.66-18.6%16.79-51.4%34.55-34.3%52.60-9.9%58.38+40.0%41.71-8.1%45.38
Provision for Risks Charges14.12+9.0%12.95-35.0%19.93-18.2%24.36+3.0%23.66+11.0%21.32-61.9%56.02-4.4%58.58-12.3%66.82
Deferred Tax Liabilities24.51-12.7%28.06+50.2%18.68------
Other Liabilities11.31+100.9%5.63-65.6%16.38-61.1%42.13-18.5%51.67-2.7%53.08+144.6%21.70-2.1%22.16-34.5%33.83
Total Liabilities296.15+11.8%264.79-6.6%283.51-20.8%357.92-15.4%423.32+23.9%341.59+4.1%327.99-10.9%368.21+6.7%344.93
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity2,128.13+5.1%2,024.47-16.2%2,415.39+1.3%2,385.36-13.2%2,746.58+5.9%2,592.82+8.0%2,401.73+8.9%2,205.55+9.1%2,022.32
Total Shareholders Equity2,128.13+5.1%2,024.47-16.2%2,415.39+1.3%2,385.36-13.2%2,746.58+5.9%2,592.82+8.0%2,401.73+8.9%2,205.55+9.1%2,022.32
Accumulated Minority Interest0.000.000.000.00-100.0%0.64-50.4%1.29+79.2%0.72+4.3%0.690.00
Total Equity2,128.13+5.1%2,024.47-16.2%2,415.39+1.3%2,385.36-13.2%2,747.22+5.9%2,594.11+8.0%2,402.44+8.9%2,206.24+9.1%2,022.32
Total Liabilities & Stockholders Equity2,424.28+5.9%2,289.26-15.2%2,698.90-1.6%2,743.28-13.5%3,170.54+8.0%2,935.70+7.5%2,730.44+6.1%2,574.45+8.8%2,367.26
Book Value Per Share per share50.52+6.2%47.58-8.7%52.14+5.2%49.55-4.4%51.81+6.8%48.53+7.1%45.31+8.8%41.66+10.5%37.71
Tangible Book Value Per Share per share47.63+6.6%44.70-11.9%50.75+5.6%48.05-4.1%50.09+7.5%46.59+10.0%42.36+11.2%38.11+6.7%35.71
Full-Time Employees people4,840+2.1%4,740-23.3%6,180-0.8%6,230-5.3%6,580+8.6%6,060+1.7%5,960-4.2%6,220+23.7%5,030
Price to Book Ratio ratio1.401.492.141.813.324.613.202.725.86
Return on Assets %1.32-7.288.043.729.125.636.8016.3516.72
Return on Equity %1.50-8.189.124.2810.436.397.8219.1119.42
Return on Invested Capital %1.45-8.919.014.5810.016.037.3317.9816.81
Quick Ratio ratio4.745.596.805.386.028.317.905.707.27
Current Ratio ratio6.086.988.917.237.4910.019.887.358.82

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income40.3731.10-181.53-182.9%218.88+97.6%110.76-60.1%277.87+73.3%160.34-11.1%180.26-55.4%404.17
Depreciation67.4366.85+8.8%61.44-11.7%69.62-23.1%90.56-6.0%96.33+1.9%94.55-1.8%96.27+19.9%80.27
Other Funds (Non Cash)93.0976.39-77.0%332.12+338.0%75.83-68.6%241.12+126.7%106.36-24.0%140.01-9.0%153.91+153.9%60.63
Funds from Operations194.11160.66-13.8%186.38-46.8%350.54-15.5%414.87-12.4%473.67+24.0%382.09-7.9%414.95-23.2%540.50
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-86.77-85.32-238.7%61.52-54.56-202.22-83.97-96.75-91.43-147.20
Income Taxes Payable-2.37-31.19-0.68-104.0%17.05-14.13-139.4%35.86-23.34-43.94-224.8%35.21
Cash from Operating Activities107.3475.34-69.6%247.90-16.2%295.99+39.2%212.65-45.4%389.70+36.6%285.33-11.8%323.52-17.7%393.30
Capital Expenditures-72.33-78.80-98.52-110.48-110.14-123.11-87.70-133.54-160.34
Net Assets From Acquisitions0.510.51-92.060.00-4.500.00-0.43-15.12-109.11
Sale of Fixed Assets and Businesses2.520.92-96.8%28.58-8.5%31.24-60.9%79.80+5559.6%1.41+58.4%0.89+34.8%0.66-64.5%1.86
Purchase or Sale of Investments339.16-187.90-150.7%370.31-158.87-148.2%329.33-293.07-12.33-258.5%7.78-294.98
Purchase of Investments-445.65-943.32-713.15-1,232.86-1,117.02-1,940.61-1,111.56-760.30-765.31
Sale Or Maturity of Investments784.81755.42-30.3%1,083.46+0.9%1,073.99-25.7%1,446.36-12.2%1,647.54+49.9%1,099.22+43.1%768.08+63.3%470.33
Other Uses0.000.000.000.00-0.04-1.51-0.010.000.00
Other Sources2.080.04-90.7%0.43-23.2%0.560.000.000.00-100.0%0.24-41.5%0.41
Cash from Investing Activities271.94-265.23-227.1%208.73-237.55-180.7%294.45-416.28-99.57-139.97-562.16
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-9.18-53.13-339.62-220.35-493.92-118.63-4.69-33.40-163.88
Repurchase of Common Pref Stock-9.18-53.13-343.82-223.50-499.51-134.89-37.88-40.73-176.06
Sale of Common Pref Stock0.000.00-100.0%4.20+33.3%3.15-43.5%5.58-65.7%16.26-51.0%33.19+352.2%7.34-39.7%12.18
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.00-16.03-18.13-3.81-3.74-3.67-3.60
Change in Long Term Debt0.000.000.00-16.03-18.13-3.81-3.74-3.67-3.60
Issuance of Long Term Debt0.000.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.00-16.03-18.13-3.81-3.74-3.67-3.60
Net Financing Active Other Cash Flow-7.80-1.060.000.000.00-2.62-1.650.000.00
Other Financing Activities Uses-7.80-1.060.000.000.00-2.62-1.650.000.00
Cash from Financing Activities-16.97-54.19-339.62-236.38-512.05-125.07-10.08-37.07-167.49
Exchange Rate Effect2.8327.83-11.64-5.59-5.95-17.80-189.5%19.89-7.85-29.20
Net Change in Cash365.14-216.25-305.2%105.37-183.53-10.90-169.45-186.6%195.57+41.1%138.63-365.54
Free Cash Flow35.01-3.45-102.3%149.37-19.5%185.50+81.0%102.51-61.5%266.59+34.9%197.64+4.0%189.99-18.4%232.96
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio95.78-21.5827.6947.0334.8260.9041.0726.61
Deferred Taxes & Investment Tax Credit--13.68-25.66-13.79-27.57-6.88-12.81-15.49-4.58

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments925.99+6.4%871.32-3.1%812.90-12.3%839.33-9.8%870.38-14.6%899.60-15.4%926.88-18.7%930.19-21.0%
Short Term Receivables198.19+17.2%187.38-7.5%198.14+11.3%185.20+5.3%169.13-3.0%202.54+7.0%177.99-8.7%175.87-23.0%
Inventories337.89+4.3%330.80+8.9%319.01+10.9%313.42+10.1%323.93+1.0%303.84-24.2%287.62-33.4%284.78-37.3%
Other Current Assets80.56+13.4%89.27+30.9%103.09+102.5%85.50+112.9%71.06+26.9%68.18+6.8%50.90-18.7%40.16-26.8%
Total Current Assets1,542.64+7.5%1,478.77+0.3%1,433.14-0.7%1,423.44-0.5%1,434.51-8.7%1,474.16-14.2%1,443.39-21.1%1,430.99-25.3%
Net Property, Plant & Equipment648.33+4.2%641.92+3.3%636.24+5.5%661.74+8.8%622.12+5.5%621.35+4.8%603.27+3.0%608.38-1.9%
Total Investments and Advances0.00-100.0%32.6970.5776.5330.170.000.000.00
Intangible Assets113.06-8.7%115.37-8.7%118.08-3.9%121.67-0.8%123.88+104.6%126.42+104.9%122.91+94.6%122.62+89.3%
Deferred Tax Assets122.23+2.2%116.83+2.2%120.93+10.7%123.89+7.7%119.55+12.5%114.27+28.6%109.23+29.3%115.03+29.6%
Other Assets45.79-9.7%38.98-9.9%42.68+10.7%17.01+39.0%50.73+78.9%43.26+28.1%38.54+8.7%12.24+13.9%
Total Assets2,472.04+3.8%2,424.57+1.9%2,421.64+4.5%2,424.28+5.9%2,380.96+1.1%2,379.45-4.6%2,317.35-10.8%2,289.26-15.2%
Short Term Debt Incl. Current Port. of LT Debt5.30+8.2%5.19+8.8%5.00+15.7%5.07+5.0%4.90+10.4%4.77+7.2%4.32-5.5%4.83+5.0%
Accounts Payable48.78+21.3%42.88+3.3%54.72+44.3%39.29+11.1%40.23+1.6%41.52+58.3%37.92+42.1%35.38+23.6%
Income Tax Payable3.86+81.2%3.99-14.0%7.60+21.0%9.90-43.7%2.13-44.2%4.64+53.6%6.28+157.4%17.59+259.7%
Other Current Liabilities199.57+20.1%187.27+12.8%179.85+21.1%179.78+22.1%166.12+13.5%166.02+5.9%148.51-6.3%147.21-16.7%
Total Current Liabilities257.51+20.7%239.32+10.3%247.18+25.5%234.04+14.2%213.38+9.9%216.95+13.9%197.03+2.6%205.02-4.6%
Long Term Debt10.91-12.4%11.07-8.4%11.32-5.7%12.18-7.2%12.46+3.6%12.09-6.7%12.00-16.2%13.12-4.0%
Provision for Risks Charges14.66+8.3%14.34+10.4%14.29+13.2%14.12+9.0%13.54-4.4%12.99-20.4%12.62-28.8%12.95-35.0%
Deferred Tax Liabilities25.37-7.5%23.64-3.2%24.31-13.0%24.51-12.7%27.43+90.6%24.41+43.3%27.93+66.6%28.06+50.2%
Other Liabilities8.64-7.5%9.02+6.6%8.75+19.5%11.31+100.9%9.34+62.4%8.46+60.8%7.32-56.4%5.63-65.6%
Total Liabilities317.10+14.8%297.39+8.2%305.85+19.0%296.15+11.8%276.15+14.8%274.90+13.6%256.91-0.3%264.79-6.6%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity2,154.95+2.4%2,127.18+1.1%2,115.80+2.7%2,128.13+5.1%2,104.81-0.5%2,104.55-6.6%2,060.44-12.0%2,024.47-16.2%
Total Shareholders Equity2,154.95+2.4%2,127.18+1.1%2,115.80+2.7%2,128.13+5.1%2,104.81-0.5%2,104.55-6.6%2,060.44-12.0%2,024.47-16.2%
Accumulated Minority Interest0.000.000.000.000.000.000.000.00
Total Equity2,154.95+2.4%2,127.18+1.1%2,115.80+2.7%2,128.13+5.1%2,104.81-0.5%2,104.55-6.6%2,060.44-12.0%2,024.47-16.2%
Total Liabilities & Stockholders Equity2,472.04+3.8%2,424.57+1.9%2,421.64+4.5%2,424.28+5.9%2,380.96+1.1%2,379.45-4.6%2,317.35-10.8%2,289.26-15.2%
Book Value Per Share per share50.69+1.4%50.01+0.6%49.85+3.4%50.52+6.2%49.97+2.2%49.72-2.4%48.22-6.1%47.58-8.7%
Tangible Book Value Per Share per share48.04+2.1%47.30+1.2%47.07+3.8%47.63+6.6%47.03-1.0%46.73-5.7%45.34-9.3%44.70-11.9%
Full-Time Employees people---4,840+2.1%---4,740-23.3%
Price to Book Ratio ratio1.402.352.271.431.591.421.331.49
Return on Assets %1.661.151.221.321.08-8.84-8.21-7.28
Return on Equity %1.901.301.391.501.22-9.89-9.17-8.18
Return on Invested Capital %0.940.250.070.620.350.310.180.38
Quick Ratio ratio4.684.804.514.745.205.395.875.59
Current Ratio ratio5.996.185.806.086.726.797.336.98

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income20.27+171.7%5.24-20.7%1.58-58.0%13.27+69.7%7.466.61-67.2%3.76-84.4%7.82-81.1%
Depreciation15.96+2.1%15.52-2.0%15.89+3.6%20.05+35.3%15.63+3.4%15.83+3.5%15.34-5.4%14.82-12.5%
Other Funds (Non Cash)20.80+9.9%37.43+78.2%18.60-7.9%16.27-27.7%18.92-93.2%21.01+11.9%20.20+86.0%22.49+0.6%
Funds from Operations51.22+39.4%61.49+75.7%38.25-16.4%43.15+12.9%36.74-12.6%35.00-31.2%45.77-17.1%38.23-46.7%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-5.02-23.70-43.71-14.34-140.3%-1.43-106.0%-37.22-1553.9%-32.3335.55+3.7%
Income Taxes Payable5.88+232.2%11.13-13.34-6.04-133.5%1.77+142.5%-15.23-11.6918.03+279.6%
Cash from Operating Activities46.20+30.8%37.79-5.46-140.6%28.81-61.0%35.31-46.5%-2.22-104.2%13.45-75.4%73.78-30.4%
Capital Expenditures-17.41-20.71-16.31-17.89-20.73-15.36-24.82-23.17
Net Assets From Acquisitions0.000.000.000.510.000.000.00-66.74
Sale of Fixed Assets and Businesses1.20+2900.0%0.19-50.0%0.81+350.0%0.32+700.0%0.04-84.6%0.38-87.4%0.18-99.3%0.04-95.1%
Purchase or Sale of Investments283.80-100.08-459.4%110.6744.77-10.72-105.1%27.85-90.9%-249.80-1047.3%-172.72
Purchase of Investments-81.99-253.87-32.87-76.92-286.59-246.81-333.01-289.98
Sale Or Maturity of Investments365.79+32.6%153.80-44.0%143.54+72.5%121.69+3.8%275.87-17.0%274.65-27.9%83.21-67.1%117.25-58.7%
Other Uses0.000.000.000.000.000.000.000.00
Other Sources0.03+50.0%2.010.08+60.0%-0.03-175.0%0.02-90.0%0.00-100.0%0.05-68.8%0.04-63.6%
Cash from Investing Activities267.61-118.59-1021.4%95.2527.67-31.39-119.3%12.87-95.5%-274.39-1255.8%-262.55
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-2.650.000.00-6.53-46.600.000.00-55.01
Repurchase of Common Pref Stock-2.650.000.00-6.53-46.600.000.00-57.34
Sale of Common Pref Stock0.000.000.000.00-100.0%0.00-100.0%0.000.002.33-26.0%
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.000.000.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.000.000.00
Net Financing Active Other Cash Flow-0.30-101.0%0.96-11.713.2630.14-28.79-1075.9%-5.670.00-100.0%
Other Financing Activities Uses-0.30-101.0%0.96-11.713.2630.14-28.68-2572.4%-5.780.00-100.0%
Cash from Financing Activities-2.950.96-11.71-3.27-16.46-28.79-5.67-55.01
Exchange Rate Effect0.52-1.15-108.1%-1.10-111.4%4.55-0.61-106.8%14.27+175.5%9.62-20.06-231.3%
Net Change in Cash311.38-80.9876.9757.76-13.16-108.1%-3.86-101.7%-256.99-263.83
Free Cash Flow28.79+97.6%17.08-21.7710.92-78.4%14.57-66.1%-17.57-160.1%-11.37-142.8%50.62-37.4%
Price to Free Cash Flow ratio95.78242.07--92.9845.2224.2620.83

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Amplifiers, Laser Systems, Service, Parts, Accessories246.79264.51+7.2%26.4%
High Power Continuous Wave CW Lasers332.74308.83-7.2%30.8%
Laser And Non-Laser Systems139.15147.24+5.8%14.7%
Medium And Low Power CW Lasers63.6988.18+38.5%8.8%
Pulsed Lasers146.76143.25-2.4%14.3%
Quasi-Continuous Wave QCW Lasers48.0251.77+7.8%5.2%
Total977.131,003.78+2.7%100.0%
Region
Name20242025vs 20242025 share
China245.00291.91+19.1%29.1%
Germany87.80105.16+19.8%10.5%
Japan62.3566.37+6.4%6.6%
North America258.89267.18+3.2%26.6%
Other Asian Geographical Areas113.23121.81+7.6%12.1%
Other European Geographical Areas197.15138.54-29.7%13.8%
Rest Of World12.7112.81+0.8%1.3%
Total977.131,003.78+2.7%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3014.27%3.7M25.6M461.44K
2026-10-1515.25%3.9M25.7M468.01K
2026-09-3014.53%3.7M25.6M459.32K
2026-09-1513.44%3.4M25.6M462.20K
2026-08-3113.23%3.4M25.6M493.15K
2026-08-1413.70%3.5M25.6M457.59K
2026-07-3113.63%3.5M25.6M515.03K
2026-07-1512.39%3.2M25.4M532.72K
2026-06-3010.97%2.8M25.4M529.99K
2026-06-1510.51%2.7M25.3M520.40K
2026-05-2910.85%2.8M25.4M517.40K
2026-05-1510.07%2.6M25.4M536.38K
2026-04-308.82%2.2M25.4M553.91K
2026-04-158.07%2.1M25.4M550.59K
2026-03-317.66%1.9M24.9M547.99K
2026-03-137.40%1.8M24.9M533.40K
2026-02-278.71%2.2M24.9M472.17K
2026-02-1310.76%2.7M24.9M412.48K
2026-01-3013.07%3.2M24.8M311.29K
2026-01-1512.80%3.2M24.8M269.04K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0028.8032.800.003.5820.000.000.916-0.3610.016
call45.0023.9027.800.002.9990.000.000.899-0.3450.018
call50.0019.4022.800.002.4720.000.000.855-0.4280.024
call55.0014.5017.900.002.0230.000.000.824-0.3950.027
call60.009.7012.1027.281.2581.000.000.774-0.3740.031
call65.005.707.106.450.8437.003.000.708-0.3050.036
call70.002.503.5012.220.7342.000.000.566-0.2390.041
call75.000.153.405.131.21951.000.000.413-0.3200.040
call80.000.052.650.261.40034.000.000.314-0.3310.037
call85.000.002.402.511.63434.000.000.262-0.3550.034
call90.000.000.901.521.30226.000.000.122-0.1740.021
call95.000.002.601.151.5666.000.000.123-0.2120.021
call1000.000.750.491.67427.000.000.100-0.1960.018
call1050.002.600.571.8416.000.000.093-0.2040.017
call1100.002.600.401.9976.000.000.088-0.2120.017
call1150.002.600.922.1422.000.000.083-0.2180.016
call1200.000.750.052.27828.000.000.079-0.2240.015
call1250.004.900.572.40710.000.000.076-0.2290.015
call1300.002.1515.012.52920.000.000.074-0.2340.014
call1350.003.600.002.6450.000.000.071-0.2390.014
call1400.003.400.702.7541.000.000.069-0.2430.014
call1450.003.400.002.8590.000.000.067-0.2470.013
call1500.003.400.102.9591.000.000.065-0.2500.013
call1550.002.600.003.0550.000.000.064-0.2540.013
call1600.003.6010.203.1471.000.000.062-0.2570.013
call1650.003.606.703.2361.000.000.061-0.2600.013
call1700.003.605.203.3211.000.000.060-0.2630.012
call1750.003.600.003.4020.000.000.059-0.2660.012
call1800.003.705.383.4813.000.000.058-0.2680.012
put40.000.004.900.103.4861.000.00-0.084-0.3560.016
put45.000.001.750.602.6881.000.00-0.088-0.2840.017
put50.000.003.600.152.58724.000.00-0.133-0.3670.022
put55.000.002.650.902.36895.000.00-0.182-0.4130.027
put60.000.102.700.151.79144.000.00-0.221-0.3500.031
put65.000.152.951.251.3641230.00-0.292-0.2980.036
put70.001.003.806.241.0338.000.00-0.434-0.2320.041
put75.004.207.7010.581.27514.000.00-0.587-0.3120.040
put80.008.3011.007.601.1997.000.00-0.686-0.3220.037
put85.0012.9015.7022.521.3971.000.00-0.738-0.3450.034
put90.0017.2020.8014.921.68310.000.00-0.863-0.1890.023
put95.0022.3025.8014.121.9101.000.00-0.877-0.2020.021
put10027.2030.6027.952.03913.000.00-0.900-0.1850.018
put10532.2035.600.002.2250.000.00-0.907-0.1930.017
put11037.2041.200.002.6390.000.00-0.912-0.1990.017
put11542.2046.200.002.8080.000.00-0.917-0.2050.016
put12047.2051.200.002.9660.000.00-0.921-0.2110.015
put12552.2055.6030.392.8560.000.00-0.924-0.2150.015
put13057.2060.600.002.9910.000.00-0.926-0.2200.014
put13562.2065.600.003.1190.000.00-0.929-0.2240.014
put14067.2071.200.003.5150.000.00-0.931-0.2270.014
put14572.2075.600.003.3580.000.00-0.933-0.2310.013
put15077.2081.200.003.7940.000.00-0.935-0.2340.013
put15582.2085.800.003.6750.000.00-0.936-0.2360.013
put16087.2091.200.003.9660.000.00-0.938-0.2390.013
put16592.2096.200.004.0680.000.00-0.939-0.2420.013
put17097.20101.20.004.1650.000.00-0.940-0.2440.012
put175102.2106.20.004.2590.000.00-0.941-0.2460.012
put180107.2111.20.004.3500.000.00-0.942-0.2480.012

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-038-KCurrent report2026-11-03SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-02SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-09-22144Filing for proposed sale of securities under Rule 144.SEC
2026-09-088-KCurrent report2026-09-08SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-274Statement of changes in beneficial ownership of securities2026-08-26SEC
2026-08-104Statement of changes in beneficial ownership of securities2026-08-08SEC
2026-08-06SCHEDULE 13G/ASEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-07-31SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-07-31SEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-048-KCurrent report2026-08-04SEC
2026-07-28SCHEDULE 13D/ASEC
2026-07-28SCHEDULE 13G/ASEC
2026-07-224Statement of changes in beneficial ownership of securities2026-07-21SEC
2026-07-178-KCurrent report2026-07-16SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-07-014Statement of changes in beneficial ownership of securities2026-06-29SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-29144Filing for proposed sale of securities under Rule 144.SEC
2026-06-234Statement of changes in beneficial ownership of securities2026-06-22SEC
2026-06-22144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-11001.55M2
2026-10001.58M2
2026-09002.07M2
2026-08199.40K12.90M2
2026-07008.21M3
2026-06007.25M4
2026-05001.37M2
2026-040000
2026-030058.11K1
2026-020017.67M6
2026-010010.64M9
2025-120010.28M7
2025-110010.48M8

Institutional holders

Manager% owned
First Eagle Investment Management, LLC7.89%
BlackRock, Inc.6.72%
Sumitomo Mitsui Trust Group, Inc.4.83%
DIMENSIONAL FUND ADVISORS LP4.25%
VANGUARD PORTFOLIO MANAGEMENT LLC3.88%
LAZARD ASSET MANAGEMENT LLC3.36%
VANGUARD CAPITAL MANAGEMENT LLC2.71%
Neuberger Berman Group LLC2.30%
STATE STREET CORP2.19%
WESTWOOD HOLDINGS GROUP INC2.12%

Funds

Fund% owned
First Eagle Global Fund5.54%
Victory Sycamore Established Value Fund2.25%
iShares Core S&P Mid-Cap ETF2.05%
VANGUARD TOTAL STOCK MARKET INDEX FUND1.90%
VANGUARD INFORMATION TECHNOLOGY INDEX FUND1.51%
VANGUARD SMALL-CAP INDEX FUND1.38%
VANGUARD SMALL-CAP GROWTH INDEX FUND0.79%
ROBO Global Robotics and Automation Index ETF0.73%
VANGUARD EXTENDED MARKET INDEX FUND0.69%
U.S. Targeted Value Portfolio0.56%

OakChart. IPGP. Cached 15 minutes. Terms