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Side-by-side financial comparison of EDGEWELL PERSONAL CARE Co (EPC) and IPG PHOTONICS CORP (IPGP). Click either name above to swap in a different company.

EDGEWELL PERSONAL CARE Co is the larger business by last-quarter revenue ($422.8M vs $274.5M, roughly 1.5× IPG PHOTONICS CORP). IPG PHOTONICS CORP runs the higher net margin — 4.8% vs -15.5%, a 20.4% gap on every dollar of revenue. On growth, IPG PHOTONICS CORP posted the faster year-over-year revenue change (17.1% vs -11.6%). IPG PHOTONICS CORP produced more free cash flow last quarter ($10.9M vs $-137.5M). Over the past eight quarters, IPG PHOTONICS CORP's revenue compounded faster (4.4% CAGR vs -16.0%).

The Edgewell Personal Care Company is an American multinational consumer products company headquartered in Shelton, Connecticut. It was formed in 2015 following the corporate spin-off from Energizer Holdings, Inc..

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.

EPC vs IPGP — Head-to-Head

Bigger by revenue
EPC
EPC
1.5× larger
EPC
$422.8M
$274.5M
IPGP
Growing faster (revenue YoY)
IPGP
IPGP
+28.7% gap
IPGP
17.1%
-11.6%
EPC
Higher net margin
IPGP
IPGP
20.4% more per $
IPGP
4.8%
-15.5%
EPC
More free cash flow
IPGP
IPGP
$148.4M more FCF
IPGP
$10.9M
$-137.5M
EPC
Faster 2-yr revenue CAGR
IPGP
IPGP
Annualised
IPGP
4.4%
-16.0%
EPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EPC
EPC
IPGP
IPGP
Revenue
$422.8M
$274.5M
Net Profit
$-65.7M
$13.3M
Gross Margin
38.1%
36.1%
Operating Margin
-4.5%
1.2%
Net Margin
-15.5%
4.8%
Revenue YoY
-11.6%
17.1%
Net Profit YoY
-3028.6%
69.8%
EPS (diluted)
$-1.41
$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
EPC
EPC
IPGP
IPGP
Q4 25
$422.8M
$274.5M
Q3 25
$600.5M
$250.8M
Q2 25
$627.2M
$250.7M
Q1 25
$580.7M
$227.8M
Q4 24
$415.1M
$234.3M
Q3 24
$517.6M
$233.1M
Q2 24
$647.8M
$257.6M
Q1 24
$599.4M
$252.0M
Net Profit
EPC
EPC
IPGP
IPGP
Q4 25
$-65.7M
$13.3M
Q3 25
$-30.6M
$7.5M
Q2 25
$29.1M
$6.6M
Q1 25
$29.0M
$3.8M
Q4 24
$-2.1M
$7.8M
Q3 24
$8.8M
$-233.6M
Q2 24
$49.0M
$20.2M
Q1 24
$36.0M
$24.1M
Gross Margin
EPC
EPC
IPGP
IPGP
Q4 25
38.1%
36.1%
Q3 25
37.9%
39.5%
Q2 25
42.8%
37.3%
Q1 25
44.1%
39.4%
Q4 24
41.6%
38.6%
Q3 24
41.1%
23.2%
Q2 24
44.3%
37.3%
Q1 24
43.1%
38.7%
Operating Margin
EPC
EPC
IPGP
IPGP
Q4 25
-4.5%
1.2%
Q3 25
-4.2%
3.1%
Q2 25
8.6%
0.0%
Q1 25
10.1%
0.8%
Q4 24
2.2%
6.0%
Q3 24
3.9%
-108.7%
Q2 24
12.8%
4.7%
Q1 24
11.7%
7.6%
Net Margin
EPC
EPC
IPGP
IPGP
Q4 25
-15.5%
4.8%
Q3 25
-5.1%
3.0%
Q2 25
4.6%
2.6%
Q1 25
5.0%
1.6%
Q4 24
-0.5%
3.3%
Q3 24
1.7%
-100.2%
Q2 24
7.6%
7.8%
Q1 24
6.0%
9.6%
EPS (diluted)
EPC
EPC
IPGP
IPGP
Q4 25
$-1.41
$0.30
Q3 25
$-0.65
$0.18
Q2 25
$0.62
$0.16
Q1 25
$0.60
$0.09
Q4 24
$-0.04
$0.27
Q3 24
$0.18
$-5.33
Q2 24
$0.98
$0.45
Q1 24
$0.72
$0.52

Balance Sheet & Financial Strength

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

Metric
EPC
EPC
IPGP
IPGP
Cash + ST InvestmentsLiquidity on hand
$839.3M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.5B
$2.1B
Total Assets
$3.8B
$2.4B
Debt / EquityLower = less leverage
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPC
EPC
IPGP
IPGP
Q4 25
$839.3M
Q3 25
$870.4M
Q2 25
$899.6M
Q1 25
$926.9M
Q4 24
$930.2M
Q3 24
$209.1M
$1.0B
Q2 24
$1.1B
Q1 24
$1.1B
Total Debt
EPC
EPC
IPGP
IPGP
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.4B
Stockholders' Equity
EPC
EPC
IPGP
IPGP
Q4 25
$1.5B
$2.1B
Q3 25
$1.6B
$2.1B
Q2 25
$1.6B
$2.1B
Q1 25
$1.5B
$2.1B
Q4 24
$1.5B
$2.0B
Q3 24
$1.6B
$2.1B
Q2 24
$1.6B
$2.3B
Q1 24
$1.6B
$2.3B
Total Assets
EPC
EPC
IPGP
IPGP
Q4 25
$3.8B
$2.4B
Q3 25
$3.8B
$2.4B
Q2 25
$3.8B
$2.4B
Q1 25
$3.8B
$2.3B
Q4 24
$3.7B
$2.3B
Q3 24
$3.7B
$2.4B
Q2 24
$3.7B
$2.5B
Q1 24
$3.8B
$2.6B
Debt / Equity
EPC
EPC
IPGP
IPGP
Q4 25
1.03×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.95×
Q4 24
0.97×
Q3 24
0.81×
Q2 24
0.82×
Q1 24
0.88×

Cash Flow & Capital Efficiency

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

Metric
EPC
EPC
IPGP
IPGP
Operating Cash FlowLast quarter
$-125.9M
$28.8M
Free Cash FlowOCF − Capex
$-137.5M
$10.9M
FCF MarginFCF / Revenue
-32.5%
4.0%
Capex IntensityCapex / Revenue
2.7%
6.5%
Cash ConversionOCF / Net Profit
2.17×
TTM Free Cash FlowTrailing 4 quarters
$36.3M
$-3.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPC
EPC
IPGP
IPGP
Q4 25
$-125.9M
$28.8M
Q3 25
$74.1M
$35.3M
Q2 25
$114.8M
$-2.2M
Q1 25
$45.1M
$13.4M
Q4 24
$-115.6M
$73.8M
Q3 24
$-388.3M
$66.1M
Q2 24
$101.2M
$53.5M
Q1 24
$129.0M
$54.6M
Free Cash Flow
EPC
EPC
IPGP
IPGP
Q4 25
$-137.5M
$10.9M
Q3 25
$46.5M
$14.6M
Q2 25
$99.3M
$-17.6M
Q1 25
$28.0M
$-11.4M
Q4 24
$-132.4M
$50.6M
Q3 24
$-414.2M
$43.0M
Q2 24
$88.6M
$29.2M
Q1 24
$117.5M
$26.5M
FCF Margin
EPC
EPC
IPGP
IPGP
Q4 25
-32.5%
4.0%
Q3 25
7.7%
5.8%
Q2 25
15.8%
-7.0%
Q1 25
4.8%
-5.0%
Q4 24
-31.9%
21.6%
Q3 24
-80.0%
18.4%
Q2 24
13.7%
11.3%
Q1 24
19.6%
10.5%
Capex Intensity
EPC
EPC
IPGP
IPGP
Q4 25
2.7%
6.5%
Q3 25
4.6%
8.3%
Q2 25
2.5%
6.1%
Q1 25
2.9%
10.9%
Q4 24
4.0%
9.9%
Q3 24
5.0%
9.9%
Q2 24
1.9%
9.4%
Q1 24
1.9%
11.1%
Cash Conversion
EPC
EPC
IPGP
IPGP
Q4 25
2.17×
Q3 25
4.73×
Q2 25
3.95×
-0.34×
Q1 25
1.56×
3.58×
Q4 24
9.44×
Q3 24
-44.13×
Q2 24
2.07×
2.65×
Q1 24
3.58×
2.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPC
EPC

Other$242.0M57%
Sunand Skin Care Segment$131.5M31%
Shavinggelsandcreams$32.3M8%
Wipes And Other Skin Care Products$17.0M4%

IPGP
IPGP

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

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