Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. IPG Photonics's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was $61 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $244 Mil.
IPG Photonics (NAS:IPGP) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
IPG Photonics Selling, General, & Admin. Expense Related Terms
IPG Photonics Selling, General, & Admin. Expense Historical Data
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The historical data trend for IPG Photonics's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart
IPGP vs AXTI, VECO, ACLS: Selling, General, & Admin. Expense Comparison
For the Semiconductor Equipment & Materials subindustry, IPG Photonics's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IPG Photonics Selling, General, & Admin. Expense vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where IPG Photonics's Selling, General, & Admin. Expense falls into.
IPG Photonics Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $244 Mil.
* 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.
What does a Selling, General, & Admin. Expense of $244 Mil mean?
IPG Photonics (IPGP) has a Selling, General, & Admin. Expense of $244 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on IPG Photonics and its competitors.
Is IPG Photonics' Selling, General, & Admin. Expense too high?
IPG Photonics' current Selling, General, & Admin. Expense is $244 Mil. Overall, IPG Photonics has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' Selling, General, & Admin. Expense compare to AXTI and VECO?
IPG Photonics' Selling, General, & Admin. Expense of $244 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 Selling, General, & Admin. Expense for a Semiconductors company?
A good Selling, General, & Admin. Expense depends on the Semiconductors industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on IPG Photonics and its competitors. IPG Photonics's current Selling, General, & Admin. Expense is $244 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 Modestly Overvalued. The stock's GF Value™ is $85.22, compared to a current price of $108.12 — trading 26.9% above its estimated fair value. The current Selling, General, & Admin. Expense is $244 Mil. IPG Photonics' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For IPG Photonics (IPGP), the current Selling, General, & Admin. Expense is $244 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 $108.12 is trading 26.9% above its estimated GF Value™ of $85.22.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for IPGP:
Selling, General, & Admin. Expense: $244 Mil
GF Value™: $85.22 vs. price of $108.12 (26.9% above fair value)
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 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.
78GF Score
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