Company: IPGP
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001111928-25-000168
Chunk: 24

Company: IPG PHOTONICS CORP
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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250,792 $233,143 $729,306 $742,797 Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Sales by Product High Power Continuous Wave ("CW") Lasers $76,553 $81,325 $222,121 $254,343  Medium Power CW Lasers 21,135 15,110 66,274 47,082  Pulsed Lasers 34,159 33,470 108,793 110,825  Quasi-Continuous Wave ("QCW") Lasers 14,771 10,180 37,300 36,520  Laser and Non-Laser Systems 35,590 35,265 108,398 111,436  Other Revenue including Other Lasers, Amplifiers, Service, Parts, and Accessories68,584 57,793 186,420 182,591 Total$250,792 $233,143 $729,306 $742,797 Sales by GeographyNorth America$62,046 $57,294 $192,313 $198,163 Europe:Germany24,499 25,787 71,501 66,615 Other 38,194 41,485 104,599 154,704 Total Europe62,693 67,272 176,100 221,319 Asia:China74,135 61,769 216,167 189,374 Japan18,187 14,495 45,653 41,408 Other29,797 29,470 89,765 82,091 Total Asia122,119 105,734 351,585 312,873 Rest of World3,934 2,843 9,308 10,442 Total$250,792 $233,143 $729,306 $742,797 

7

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

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Timing of Revenue RecognitionGoods and services transferred at a point in time$245,481 $223,269 $713,379 $713,