IPG Photonics' GAAP net income for 2020 was $160.338 million, down 11.1% from $180.261 million in the prior year. Revenue declined 8.7% to $1.201 billion from $1.315 billion a year earlier.
IPG Photonics' GAAP net income for 2020 was $160.338 million, down 11.1% from $180.261 million in the prior year. Revenue declined 8.7% to $1.201 billion from $1.315 billion a year earlier. 
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