IPG Photonics Corporation (IPGP) — Cash Flow Quality Index
IPG Photonics Corporation (IPGP) has a Cash Flow Quality Index of -3.45x as of March 2026. Operating cash flow of $-5.46 Million is below net income of $1.58 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore IPGP long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
IPG Photonics Corporation Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for IPG Photonics Corporation across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check IPG Photonics Corporation (IPGP) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for IPG Photonics Corporation (2004–2025)
Year-by-year earnings quality comparison for IPG Photonics Corporation. For live market cap and the full company financial profile, see how much is IPG Photonics Corporation worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.42x | $75.34 Million | $31.10 Million | ▲ +79.2% |
| 2023 | 1.35x | $295.99 Million | $218.88 Million | ▼ -29.6% |
| 2022 | 1.92x | $212.65 Million | $110.76 Million | ▲ +36.9% |
| 2021 | 1.40x | $389.70 Million | $277.87 Million | ▼ -21.2% |
| 2020 | 1.78x | $285.33 Million | $160.34 Million | ▼ -0.8% |
| 2019 | 1.79x | $323.52 Million | $180.26 Million | ▲ +84.4% |
| 2018 | 0.97x | $393.30 Million | $404.17 Million | ▼ -16.4% |
| 2017 | 1.16x | $404.45 Million | $347.59 Million | ▲ +3.8% |
| 2016 | 1.12x | $292.29 Million | $260.72 Million | ▲ +5.8% |
| 2015 | 1.06x | $256.57 Million | $242.03 Million | ▲ +15.4% |
| 2014 | 0.92x | $184.21 Million | $200.44 Million | ▲ +19.9% |
| 2013 | 0.77x | $119.37 Million | $155.78 Million | ▼ -35.5% |
| 2012 | 1.19x | $175.50 Million | $147.74 Million | ▲ +63.5% |
| 2011 | 0.73x | $87.93 Million | $121.01 Million | ▼ -37.7% |
| 2010 | 1.17x | $63.42 Million | $54.35 Million | ▼ -88.7% |
| 2009 | 10.30x | $54.41 Million | $5.28 Million | ▲ +988.5% |
| 2008 | 0.95x | $34.67 Million | $36.65 Million | ▲ +165.3% |
| 2007 | 0.36x | $10.66 Million | $29.89 Million | ▼ -45.7% |
| 2006 | 0.66x | $19.20 Million | $29.23 Million | ▼ -64.1% |
| 2005 | 1.83x | $13.59 Million | $7.43 Million | ▼ -41.1% |
| 2004 | 3.11x | $6.25 Million | $2.01 Million | — |