Company: IPGP
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001111928-25-000132
Chunk: 26

Company: IPG PHOTONICS CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 and fiber lasers, systems and fibers for medical applications. 

6

Table of ContentsIPG PHOTONICS CORPORATIONNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued)(In thousands, except share and per share data)

The following tables represent a disaggregation of revenue from contracts with customers:Three Months Ended June 30,Six Months Ended June 30,2025202420252024Sales by ApplicationMaterials processing$212,252 $225,773 $407,970 $452,138 Other applications38,469 31,872 70,544 57,516 Total$250,721 $257,645 $478,514 $509,654 Three Months Ended June 30,Six Months Ended June 30,2025202420252024Sales by Product High Power Continuous Wave ("CW") Lasers $76,153 $82,225 $145,568 $173,018  Medium Power CW Lasers 20,743 15,758 45,139 31,972  Pulsed Lasers 37,973 42,536 74,634 77,355  Quasi-Continuous Wave ("QCW") Lasers 11,635 10,549 22,529 26,340  Laser and Non-Laser Systems 39,754 38,668 72,808 76,171  Other Revenue including Other Lasers, Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue 64,463 67,909 117,836 124,798 Total$250,721 $257,645 $478,514 $509,654 Sales by GeographyNorth America$73,895 $76,905 $130,267 $140,869 Europe:Germany22,299 20,809 47,002 40,828 Other 34,239 53,722 66,405 113,219 Total Europe56,538 74,531 113,407 154,047 Asia:China74,174 64,875 142,032 127,605 Japan15,803 10,215 27,466 26,913 Other26,793 27,643 59,968 52,621 Total Asia116,770 102,733 229,466