NASDAQ: IPGP

How many employees does IPG Photonics have?

IPG Photonics Corp. (IPGP) has approximately 4,923 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. IPG Photonics’s total headcount has declined 2.0% from 5,023 employees in 2023 to 4,923 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is IPG Photonics hiring right now?

Yes, IPG Photonics is actively hiring. IPG Photonics had 160 active job postings in 2026, a 12.9% decline from 2025 — see job openings & hiring trends.

About IPG Photonics’s Workforce

IPG Photonics Corp. (IPGP) is an Electronics Manufacturing company that employs 4,923 people worldwide as of June 2026. It is the 9th-largest by headcount among its peers. Founded in 1990, the company is headquartered in Marlborough, Massachusetts and trades on the NASDAQ.

IPG Photonics's workforce has declined 2.0% from 2023 to 2026, down 0.3% year over year in 2026. It fell to a low of 4,838 in 2025 Q1 before recovering. Its workforce is concentrated most in North America (42.4%), followed by Western Europe (23.5%) and East Asia (13.8%).

IPG Photonics's functional groups are Finance and Operations (42.8%), Sales and Marketing (30.1%), and Engineering (27.1%), with Sales and Marketing growing fastest (up 1.2%). The average salary is $71,820, ranging from a median of $89,000 in North America to $31,000 in Eastern Europe, up 2.1% year over year in 2026.

IPG Photonics's active job postings fell 12.9% in 2026 to 160, with new postings per month cooling from 138 in 2023 to 83 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
NASDAQ: IPGP
Headquarters
Marlborough, Massachusetts
Founded
1990
Industry
Electronics Manufacturing
Employees
4,923
YoY
-0.3% (-14)

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IPG Photonics Annual Employee Count (2023-2026)

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Interactive chart of IPG Photonics annual worldwide employee count from 2023 to 2026.
  • IPG Photonics had 4,923 employees in 2026, a 0.3% decline (-14) from 2025.
  • IPG Photonics had 4,941 employees in 2025, a 1.4% increase (+67) from 2024.
  • IPG Photonics had 4,874 employees in 2024, a 2.9% decline (-144) from 2023.
  • IPG Photonics had 5,018 employees in 2023, a 6.7% increase (+313) from 2022.

IPG Photonics's total workforce has grown from 4,838 employees in 2025 to 4,923 in 2026. IPG Photonics's headcount peaked at 5,023 in 2023 before declining in 2025 and recovering through 2026.

IPG Photonics Corp. quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q24,923-14-0.3%
2026Q14,886+48+1.0%
2025Q44,941+67+1.4%
2025Q34,919+35+0.7%
2025Q24,937-42-0.8%
2025Q14,838-179-3.6%
2024Q44,874-144-2.9%
2024Q34,884-139-2.8%
2024Q24,979+9+0.2%
2024Q15,017+240+5.0%
2023Q45,018+313+6.7%
2023Q35,023+400+8.7%

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IPG Photonics Employee Count by Region (2026)

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North America accounts for the largest share of IPG Photonics's global workforce with approximately 42% of total employees, followed by Western Europe and East Asia.

IPG Photonics employees by region

RegionEmployees% of Total
North America2,07542.4%
Western Europe1,14823.5%
East Asia67413.8%
Eastern Europe3136.4%
Southern Europe3096.3%
Central America and the Caribbean1242.5%
South Asia1072.2%
Southeast Asia541.1%
Central and Western Asia260.5%
Northern Europe220.5%

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IPG Photonics Employee Count by Department (2026)

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IPG Photonics's employee groups are Finance and Operations (42.8%), Sales and Marketing (30.1%), and Engineering (27.1%).

IPG Photonics employees by department

DepartmentEmployees% of Total
Finance and Operations2,10542.8%
Sales and Marketing1,48130.1%
Engineering1,33327.1%

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IPG Photonics Employee Salary by Region (2026)

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IPG Photonics's average employee salary is $71,820 globally. Employees in North America receive the highest compensation, with median pay approximately 1.2x the global average. Pay is lowest in Eastern Europe, at a median of $31,000.

IPG Photonics median employee salary by region (USD)

RegionMedian Salary
Northern Europe$100,000
North America$89,000
Western Europe$67,000
Arab States$40,000
Southern Europe$35,000
East Asia$34,000
Eastern Europe$31,000
Central and Western Asia$23,000
Southeast Asia$20,000
Central America and the Caribbean$17,000
South America$15,000
South Asia$10,000

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IPG Photonics Job Openings and Hiring Trends (2023-2026)

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Interactive chart of IPG Photonics annual active job postings from 2023 to 2026.
  • IPG Photonics had 160 active job postings in 2026, a 12.9% decline (-8) from 2025.
  • IPG Photonics had 168 active job postings in 2025, a 48.9% increase (+66) from 2024.
  • IPG Photonics had 102 active job postings in 2024, a 47.2% decline (-63) from 2023.
  • IPG Photonics had 165 active job postings in 2023, a 33.8% decline from 2022.
  • Hiring velocity in 2026: 83 new roles/month, down from 153 in 2025 and 58 in 2024.

IPG Photonics's hiring is slowing: active job postings fell 12.9% in 2026 to 160, with new postings per month cooling from 138 in 2023 to 83 in 2026.

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IPG Photonics Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across IPG Photonics's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

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Frequently Asked Questions About IPG Photonics

How fast is IPG Photonics growing?
In 2026, IPG Photonics's headcount shrank 0.3% to 4,923 employees, down from 4,937 in 2025.
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Where are IPG Photonics employees located?
Most IPG Photonics employees are based in North America (42.4% of headcount), followed by Western Europe and East Asia.
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How many people work at IPG Photonics in North America?
About 2,075 people work at IPG Photonics in North America, its largest region.
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What is the average salary at IPG Photonics?
The average employee salary at IPG Photonics is approximately $71.8k per year.
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How many new job postings does IPG Photonics open per year?
Through Q2 2026, IPG Photonics opened 498 new job postings. In 2025, IPG Photonics opened 1,835 new job postings — about 153 per month.
Track hiring trends by role
When was IPG Photonics founded and where is it headquartered?
IPG Photonics was founded in 1990 and is headquartered in Marlborough, Massachusetts.
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