IPG Photonics Corporation

Headquarters: Oxford, MA, United States

Founded: 1990

Employees: 6,580

CEO: Dr. Eugene A. Scherbakov

show_chart NASDAQ: IPGP +0.46%

Market Cap

$6.75 Billion

USD as of July 1, 2023

history Market Cap History

IPG Photonics Corporation market capitalization over time

Evolution of IPG Photonics Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of IPG Photonics Corporation

Detailed Description

IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers; and high-power optical fiber delivery cables, fiber couplers, beam switches, chillers, scanners, and other accessories. It also provides erbium-doped fiber and Raman amplifiers, and integrated communications systems, which are deployed in broadband networks; and ytterbium and thulium specialty fiber amplifiers and broadband light sources. In addition, the company offers integrated laser systems; 2D compact flat sheet cutter systems and multi-axis systems; welding seam stepper and picker, a fiber laser welding tool; high precision laser systems; specialized fiber laser systems; and optical transceiver and transponder modules for interconnecting electronic equipment, including Ethernet switches, IP routers and DWDM/SONET/SDH optical transport modules within telecommunications, cable multi-system operators, and data center networking applications. It's lasers and amplifiers are also used in materials processing, communications, and medical and advanced applications. The company markets its products to original equipment manufacturers, system integrators, and end users through direct sales force, as well as through agreements with independent sales representatives and distributors. IPG Photonics Corporation was founded in 1990 and is headquartered in Oxford, Massachusetts.


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Product & Services

Lasers, amplifiers and laser systems for materials processing, communications, entertainment, medical, biotechnology, scientific and advance applications.

Key People

Dr. Eugene Scherbakov, CEO


Revenue: $1.4 billion (2017)



50 Old Webster Road

Oxford, MA 01540

United States

Phone: 508 373 1100

Fax: 508 373 1424