IPGP vs LITE
IPGP: IPG Photonics is the global leader in high-power fiber laser technology, enabling precision manufacturing across industries ranging from automotive to medical. LITE: Lumentum is a leading provider of optical and photonic components and systems that power the critical infrastructure for cloud computing, AI, and advanced industrial manufacturing.
Side-by-side fundamentals
| Metric | IPGP | LITE | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $77.74 | $1,048.60 | |
| Market cap | $3.3B | $94.1B | |
| P/E as of 2026-10-08 | 120.38 | n/a | |
| Net margin | +3.1% | -230.1% | IPGP higher |
| Gross margin | +38.0% | +41.7% | LITE higher |
| Operating margin | +1.3% | +17.4% | LITE higher |
| ROE | +1.5% | -149.3% | IPGP higher |
| ROA | +1.3% | -94.9% | IPGP higher |
| Debt / equity as of 2026-09-02 | 0.00 | 1.10 | IPGP lower |
| Revenue growth (YoY) as of 2026-09-02 | +13.0% | n/a | |
| Revenue CAGR (3y) SEC XBRL | -11.1% | +19.5% | LITE higher |
| Dividend streak (yrs) SEC XBRL | n/a | 0 | |
| Beta as of 2026-09-02 | 1.67 | 2.45 | |
| 1-year return as of 2026-10-08 close | -11.4% | +543.0% | LITE higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.