vs
Side-by-side financial comparison of IPG PHOTONICS CORP (IPGP) and KFORCE INC (KFRC). Click either name above to swap in a different company.
KFORCE INC is the larger business by last-quarter revenue ($330.4M vs $274.5M, roughly 1.2× IPG PHOTONICS CORP). IPG PHOTONICS CORP runs the higher net margin — 4.8% vs 2.4%, a 2.4% gap on every dollar of revenue. On growth, IPG PHOTONICS CORP posted the faster year-over-year revenue change (17.1% vs 0.1%). IPG PHOTONICS CORP produced more free cash flow last quarter ($10.9M vs $-7.4M). Over the past eight quarters, IPG PHOTONICS CORP's revenue compounded faster (4.4% CAGR vs -3.7%).
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.
Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.
IPGP vs KFRC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $274.5M | $330.4M |
| Net Profit | $13.3M | $7.9M |
| Gross Margin | 36.1% | 27.3% |
| Operating Margin | 1.2% | 3.6% |
| Net Margin | 4.8% | 2.4% |
| Revenue YoY | 17.1% | 0.1% |
| Net Profit YoY | 69.8% | -2.7% |
| EPS (diluted) | $0.30 | $0.46 |
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.
| Q1 26 | — | $330.4M | ||
| Q4 25 | $274.5M | $332.0M | ||
| Q3 25 | $250.8M | $332.6M | ||
| Q2 25 | $250.7M | $334.3M | ||
| Q1 25 | $227.8M | $330.0M | ||
| Q4 24 | $234.3M | $343.8M | ||
| Q3 24 | $233.1M | $353.3M | ||
| Q2 24 | $257.6M | $356.3M |
| Q1 26 | — | $7.9M | ||
| Q4 25 | $13.3M | $5.2M | ||
| Q3 25 | $7.5M | $11.1M | ||
| Q2 25 | $6.6M | $10.4M | ||
| Q1 25 | $3.8M | $8.1M | ||
| Q4 24 | $7.8M | $11.1M | ||
| Q3 24 | $-233.6M | $14.2M | ||
| Q2 24 | $20.2M | $14.2M |
| Q1 26 | — | 27.3% | ||
| Q4 25 | 36.1% | 27.2% | ||
| Q3 25 | 39.5% | 27.7% | ||
| Q2 25 | 37.3% | 27.1% | ||
| Q1 25 | 39.4% | 26.7% | ||
| Q4 24 | 38.6% | 27.0% | ||
| Q3 24 | 23.2% | 27.9% | ||
| Q2 24 | 37.3% | 27.8% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 1.2% | 2.6% | ||
| Q3 25 | 3.1% | 4.5% | ||
| Q2 25 | 0.0% | 4.5% | ||
| Q1 25 | 0.8% | 3.5% | ||
| Q4 24 | 6.0% | 4.5% | ||
| Q3 24 | -108.7% | 5.3% | ||
| Q2 24 | 4.7% | 5.5% |
| Q1 26 | — | 2.4% | ||
| Q4 25 | 4.8% | 1.6% | ||
| Q3 25 | 3.0% | 3.3% | ||
| Q2 25 | 2.6% | 3.1% | ||
| Q1 25 | 1.6% | 2.5% | ||
| Q4 24 | 3.3% | 3.2% | ||
| Q3 24 | -100.2% | 4.0% | ||
| Q2 24 | 7.8% | 4.0% |
| Q1 26 | — | $0.46 | ||
| Q4 25 | $0.30 | $0.29 | ||
| Q3 25 | $0.18 | $0.63 | ||
| Q2 25 | $0.16 | $0.59 | ||
| Q1 25 | $0.09 | $0.45 | ||
| Q4 24 | $0.27 | $0.60 | ||
| Q3 24 | $-5.33 | $0.75 | ||
| Q2 24 | $0.45 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $839.3M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $117.4M |
| Total Assets | $2.4B | $384.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $839.3M | $2.1M | ||
| Q3 25 | $870.4M | $1.3M | ||
| Q2 25 | $899.6M | $2.5M | ||
| Q1 25 | $926.9M | $444.0K | ||
| Q4 24 | $930.2M | $349.0K | ||
| Q3 24 | $1.0B | $127.0K | ||
| Q2 24 | $1.1B | $110.0K |
| Q1 26 | — | $117.4M | ||
| Q4 25 | $2.1B | $124.6M | ||
| Q3 25 | $2.1B | $132.1M | ||
| Q2 25 | $2.1B | $134.4M | ||
| Q1 25 | $2.1B | $138.0M | ||
| Q4 24 | $2.0B | $154.6M | ||
| Q3 24 | $2.1B | $167.4M | ||
| Q2 24 | $2.3B | $166.6M |
| Q1 26 | — | $384.8M | ||
| Q4 25 | $2.4B | $365.6M | ||
| Q3 25 | $2.4B | $374.2M | ||
| Q2 25 | $2.4B | $373.6M | ||
| Q1 25 | $2.3B | $368.2M | ||
| Q4 24 | $2.3B | $357.8M | ||
| Q3 24 | $2.4B | $369.9M | ||
| Q2 24 | $2.5B | $362.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.8M | — |
| Free Cash FlowOCF − Capex | $10.9M | $-7.4M |
| FCF MarginFCF / Revenue | 4.0% | -2.2% |
| Capex IntensityCapex / Revenue | 6.5% | 1.0% |
| Cash ConversionOCF / Net Profit | 2.17× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.5M | $43.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $28.8M | $19.7M | ||
| Q3 25 | $35.3M | $23.3M | ||
| Q2 25 | $-2.2M | $18.4M | ||
| Q1 25 | $13.4M | $249.0K | ||
| Q4 24 | $73.8M | $21.8M | ||
| Q3 24 | $66.1M | $31.0M | ||
| Q2 24 | $53.5M | $20.9M |
| Q1 26 | — | $-7.4M | ||
| Q4 25 | $10.9M | $16.7M | ||
| Q3 25 | $14.6M | $19.8M | ||
| Q2 25 | $-17.6M | $14.2M | ||
| Q1 25 | $-11.4M | $-3.9M | ||
| Q4 24 | $50.6M | $20.9M | ||
| Q3 24 | $43.0M | $27.5M | ||
| Q2 24 | $29.2M | $17.8M |
| Q1 26 | — | -2.2% | ||
| Q4 25 | 4.0% | 5.0% | ||
| Q3 25 | 5.8% | 6.0% | ||
| Q2 25 | -7.0% | 4.3% | ||
| Q1 25 | -5.0% | -1.2% | ||
| Q4 24 | 21.6% | 6.1% | ||
| Q3 24 | 18.4% | 7.8% | ||
| Q2 24 | 11.3% | 5.0% |
| Q1 26 | — | 1.0% | ||
| Q4 25 | 6.5% | 0.9% | ||
| Q3 25 | 8.3% | 1.1% | ||
| Q2 25 | 6.1% | 1.2% | ||
| Q1 25 | 10.9% | 1.3% | ||
| Q4 24 | 9.9% | 0.3% | ||
| Q3 24 | 9.9% | 1.0% | ||
| Q2 24 | 9.4% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.17× | 3.82× | ||
| Q3 25 | 4.73× | 2.11× | ||
| Q2 25 | -0.34× | 1.76× | ||
| Q1 25 | 3.58× | 0.03× | ||
| Q4 24 | 9.44× | 1.97× | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | 2.65× | 1.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IPGP
| Materials Processing | $232.8M | 85% |
| Laser And Non Laser Systems | $38.8M | 14% |
| Transferred Over Time | $5.3M | 2% |
KFRC
Segment breakdown not available.
