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Side-by-side financial comparison of Beacon Financial Corp (BBT) and IPG PHOTONICS CORP (IPGP). Click either name above to swap in a different company.

IPG PHOTONICS CORP is the larger business by last-quarter revenue ($274.5M vs $216.7M, roughly 1.3× Beacon Financial Corp). Beacon Financial Corp runs the higher net margin — 24.6% vs 4.8%, a 19.8% gap on every dollar of revenue. Over the past eight quarters, Beacon Financial Corp's revenue compounded faster (41.2% CAGR vs 4.4%).

Beacon Roofing Supply, Inc. is an American company which sells residential and non-residential roofing products, as well as related building products in North America. As of December 31, 2023, the company had 533 locations throughout all 50 states in the U.S. and six Canadian provinces, and over 8,000 employees. In addition to roofing, local divisions may also sell windows, siding, decking, waterproofing and other external building products. The company is currently headquartered in Herndon, ...

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

BBT vs IPGP — Head-to-Head

Bigger by revenue
IPGP
IPGP
1.3× larger
IPGP
$274.5M
$216.7M
BBT
Higher net margin
BBT
BBT
19.8% more per $
BBT
24.6%
4.8%
IPGP
Faster 2-yr revenue CAGR
BBT
BBT
Annualised
BBT
41.2%
4.4%
IPGP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BBT
BBT
IPGP
IPGP
Revenue
$216.7M
$274.5M
Net Profit
$53.4M
$13.3M
Gross Margin
36.1%
Operating Margin
1.2%
Net Margin
24.6%
4.8%
Revenue YoY
17.1%
Net Profit YoY
179.4%
69.8%
EPS (diluted)
$0.55
$0.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBT
BBT
IPGP
IPGP
Q1 26
$216.7M
Q4 25
$225.7M
$274.5M
Q3 25
$141.2M
$250.8M
Q2 25
$113.7M
$250.7M
Q1 25
$110.4M
$227.8M
Q4 24
$110.2M
$234.3M
Q3 24
$125.6M
$233.1M
Q2 24
$108.7M
$257.6M
Net Profit
BBT
BBT
IPGP
IPGP
Q1 26
$53.4M
Q4 25
$53.4M
$13.3M
Q3 25
$-4.2M
$7.5M
Q2 25
$22.0M
$6.6M
Q1 25
$19.1M
$3.8M
Q4 24
$17.5M
$7.8M
Q3 24
$20.1M
$-233.6M
Q2 24
$16.4M
$20.2M
Gross Margin
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
36.1%
Q3 25
39.5%
Q2 25
37.3%
Q1 25
39.4%
Q4 24
38.6%
Q3 24
23.2%
Q2 24
37.3%
Operating Margin
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
1.2%
Q3 25
-5.9%
3.1%
Q2 25
26.0%
0.0%
Q1 25
23.1%
0.8%
Q4 24
21.6%
6.0%
Q3 24
21.3%
-108.7%
Q2 24
19.9%
4.7%
Net Margin
BBT
BBT
IPGP
IPGP
Q1 26
24.6%
Q4 25
23.6%
4.8%
Q3 25
-3.0%
3.0%
Q2 25
19.4%
2.6%
Q1 25
17.3%
1.6%
Q4 24
15.9%
3.3%
Q3 24
16.0%
-100.2%
Q2 24
15.1%
7.8%
EPS (diluted)
BBT
BBT
IPGP
IPGP
Q1 26
$0.55
Q4 25
$0.64
$0.30
Q3 25
$-0.05
$0.18
Q2 25
$0.25
$0.16
Q1 25
$0.21
$0.09
Q4 24
$0.20
$0.27
Q3 24
$0.23
$-5.33
Q2 24
$0.18
$0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBT
BBT
IPGP
IPGP
Cash + ST InvestmentsLiquidity on hand
$927.3M
$839.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$2.1B
Total Assets
$22.2B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBT
BBT
IPGP
IPGP
Q1 26
$927.3M
Q4 25
$1.8B
$839.3M
Q3 25
$1.2B
$870.4M
Q2 25
$899.6M
Q1 25
$926.9M
Q4 24
$543.7M
$930.2M
Q3 24
$1.0B
Q2 24
$1.1B
Total Debt
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
Q3 25
$1.1B
Q2 25
$225.6M
Q1 25
$284.6M
Q4 24
$1.5B
Q3 24
$353.6M
Q2 24
$278.6M
Stockholders' Equity
BBT
BBT
IPGP
IPGP
Q1 26
$2.5B
Q4 25
$2.5B
$2.1B
Q3 25
$2.4B
$2.1B
Q2 25
$1.3B
$2.1B
Q1 25
$1.2B
$2.1B
Q4 24
$1.2B
$2.0B
Q3 24
$1.2B
$2.1B
Q2 24
$1.2B
$2.3B
Total Assets
BBT
BBT
IPGP
IPGP
Q1 26
$22.2B
Q4 25
$23.2B
$2.4B
Q3 25
$22.8B
$2.4B
Q2 25
$12.0B
$2.4B
Q1 25
$12.0B
$2.3B
Q4 24
$11.9B
$2.3B
Q3 24
$11.6B
$2.4B
Q2 24
$12.2B
$2.5B
Debt / Equity
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
Q3 25
0.45×
Q2 25
0.18×
Q1 25
0.24×
Q4 24
1.24×
Q3 24
0.29×
Q2 24
0.23×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBT
BBT
IPGP
IPGP
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
$10.9M
FCF MarginFCF / Revenue
4.0%
Capex IntensityCapex / Revenue
6.5%
Cash ConversionOCF / Net Profit
2.17×
TTM Free Cash FlowTrailing 4 quarters
$-3.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
$28.8M
Q3 25
$-4.8M
$35.3M
Q2 25
$38.5M
$-2.2M
Q1 25
$23.3M
$13.4M
Q4 24
$105.0M
$73.8M
Q3 24
$19.9M
$66.1M
Q2 24
$34.8M
$53.5M
Free Cash Flow
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
$10.9M
Q3 25
$-5.9M
$14.6M
Q2 25
$36.3M
$-17.6M
Q1 25
$19.9M
$-11.4M
Q4 24
$100.0M
$50.6M
Q3 24
$17.2M
$43.0M
Q2 24
$34.4M
$29.2M
FCF Margin
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
4.0%
Q3 25
-4.2%
5.8%
Q2 25
31.9%
-7.0%
Q1 25
18.0%
-5.0%
Q4 24
90.7%
21.6%
Q3 24
13.7%
18.4%
Q2 24
31.7%
11.3%
Capex Intensity
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
6.5%
Q3 25
0.8%
8.3%
Q2 25
1.9%
6.1%
Q1 25
3.1%
10.9%
Q4 24
4.5%
9.9%
Q3 24
2.1%
9.9%
Q2 24
0.3%
9.4%
Cash Conversion
BBT
BBT
IPGP
IPGP
Q1 26
Q4 25
2.17×
Q3 25
4.73×
Q2 25
1.75×
-0.34×
Q1 25
1.22×
3.58×
Q4 24
5.99×
9.44×
Q3 24
0.99×
Q2 24
2.12×
2.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBT
BBT

Net Interest Income$190.8M88%
Noninterest Income$25.9M12%

IPGP
IPGP

Materials Processing$232.8M85%
Laser And Non Laser Systems$38.8M14%
Transferred Over Time$5.3M2%

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