IPGP (IPG Photonics) Inventories, Finished Goods: $118 Mil (As of Mar. 2026)


IPGP IPG Photonics Corp IPGP
79 GF Score
Price $117.45
GF Value $85.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IPG Photonics Inventories, Finished Goods?

IPG Photonics IPGP +5.87% 79 Inventories, Finished Goods is $118 Mil as of Mar. 2026. GuruFocus rates IPGP with a GF Score™ of 79/100 and a GF Value™ of $85.07 (Significantly Overvalued). The stock has 5 warning signs investors should review.

IPG Photonics's quarterly finished goods declined from Sep. 2025 ($123 Mil) to Dec. 2025 ($113 Mil) but then increased from Dec. 2025 ($113 Mil) to Mar. 2026 ($118 Mil).

IPG Photonics's annual finished goods declined from Dec. 2023 ($142 Mil) to Dec. 2024 ($106 Mil) but then increased from Dec. 2024 ($106 Mil) to Dec. 2025 ($113 Mil).

IPG Photonics Inventories, Finished Goods Historical Data

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The historical data trend for IPG Photonics's Inventories, Finished Goods can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IPG Photonics Inventories, Finished Goods Chart

IPG Photonics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.10 167.95 142.23 105.55 113.48

IPG Photonics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Finished Goods Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.73 111.99 123.18 113.48 118.39
IPGP
79GF Score
IPG Photonics Corp IPGP
Inventories, Finished Goods is just one metric. See GF Score™, valuation, warning signs, and more.
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IPG Photonics Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of $118 Mil mean?
IPG Photonics (IPGP) has a Inventories, Finished Goods of $118 Mil as of Mar. 2026. Finished goods are inventory items that are complete and ready to be sold. View historical data on IPG Photonics and its competitors.
Is IPG Photonics' Inventories, Finished Goods too high?
IPG Photonics' current Inventories, Finished Goods is $118 Mil. Overall, IPG Photonics has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' Inventories, Finished Goods compare to AXTI and VECO?
IPG Photonics' Inventories, Finished Goods of $118 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for a Semiconductors company?
A good Inventories, Finished Goods depends on the Semiconductors industry context. However, Inventories, Finished Goods should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on IPG Photonics and its competitors. IPG Photonics's current Inventories, Finished Goods is $118 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPG Photonics stock overvalued right now?
Based on GuruFocus' analysis, IPG Photonics (IPGP) is currently considered Significantly Overvalued. The stock's GF Value™ is $85.07, compared to a current price of $117.45 — trading 38.1% above its estimated fair value. The current Inventories, Finished Goods is $118 Mil. IPG Photonics' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For IPG Photonics (IPGP), the current Inventories, Finished Goods is $118 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IPG Photonics (IPGP) Overvalued in 2026?

Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued. The current stock price of $117.45 is trading 38.1% above its estimated GF Value™ of $85.07. GuruFocus considers IPG Photonics to be Significantly Overvalued.

Key valuation signals for IPGP:

  • Inventories, Finished Goods: $118 Mil
  • GF Value™: $85.07 vs. price of $117.45 (38.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the IPGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IPG Photonics Business Description

Address 377 Simarano Drive, Marlborough, MA, USA, 01752
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, laser and non-laser systems, fiber amplifiers, diode lasers, and related optical components. Its products are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. The company sells its products globally to original equipment manufacturers (OEMs), system integrators, and end users. Additionally, it manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, and chillers. Geographically, the company generates maximum revenue from North America, followed by China, Japan, Germany, and other markets.
79GF Score

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Inventories, Finished Goods is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$117.45
Price
$85.07
GF Value