IPG Photonics' GAAP net income for 3 months of 2022 was $69.628 million, up 2.1% from $68.222 million in the prior year. Revenue increased 7.1% to $369.979 million from $345.585 million a year earlier.

IPG Photonics' GAAP net income for 2021 was $277.866 million, up 73.3% from $160.338 million in the previous year. Revenue increased 21.6% to $1.461 billion from $1.201 billion a year earlier.

IPG Photonics' GAAP net income for 9M 2021 was $212.598 million, up 92.1% from $110.662 million in the previous year. Revenue increased 26.9% to $1.096 billion from $0.864 billion a year earlier.

IPG Photonics' GAAP net income for the six months of 2021 was $137.899 million, up 83.5% from $75.132 million in the previous year. Revenue increased 31.4% to $717.243 million from $545.653 million a year earlier.