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Side-by-side financial comparison of IPG PHOTONICS CORP (IPGP) and OXFORD INDUSTRIES INC (OXM). Click either name above to swap in a different company.
OXFORD INDUSTRIES INC is the larger business by last-quarter revenue ($307.3M vs $274.5M, roughly 1.1× IPG PHOTONICS CORP). IPG PHOTONICS CORP runs the higher net margin — 4.8% vs -20.7%, a 25.6% gap on every dollar of revenue. On growth, IPG PHOTONICS CORP posted the faster year-over-year revenue change (17.1% vs -0.2%). IPG PHOTONICS CORP produced more free cash flow last quarter ($10.9M vs $-47.9M). Over the past eight quarters, IPG PHOTONICS CORP's revenue compounded faster (4.4% CAGR vs -3.0%).
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.
Oxford Industries, Inc. is a publicly traded clothing company in the United States that specializes in high-end clothing and apparel. The company carries many major labels, including Tommy Bahama, Lilly Pulitzer, Johnny Was and Southern Tide.
IPGP vs OXM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $274.5M | $307.3M |
| Net Profit | $13.3M | $-63.7M |
| Gross Margin | 36.1% | 60.3% |
| Operating Margin | 1.2% | -27.7% |
| Net Margin | 4.8% | -20.7% |
| Revenue YoY | 17.1% | -0.2% |
| Net Profit YoY | 69.8% | -1517.6% |
| EPS (diluted) | $0.30 | $-4.28 |
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.
| Q4 25 | $274.5M | $307.3M | ||
| Q3 25 | $250.8M | $403.1M | ||
| Q2 25 | $250.7M | $392.9M | ||
| Q1 25 | $227.8M | — | ||
| Q4 24 | $234.3M | $308.0M | ||
| Q3 24 | $233.1M | $419.9M | ||
| Q2 24 | $257.6M | $398.2M | ||
| Q1 24 | $252.0M | $404.4M |
| Q4 25 | $13.3M | $-63.7M | ||
| Q3 25 | $7.5M | $16.7M | ||
| Q2 25 | $6.6M | $26.2M | ||
| Q1 25 | $3.8M | — | ||
| Q4 24 | $7.8M | $-3.9M | ||
| Q3 24 | $-233.6M | $40.6M | ||
| Q2 24 | $20.2M | $38.4M | ||
| Q1 24 | $24.1M | $-60.1M |
| Q4 25 | 36.1% | 60.3% | ||
| Q3 25 | 39.5% | 61.4% | ||
| Q2 25 | 37.3% | 64.2% | ||
| Q1 25 | 39.4% | — | ||
| Q4 24 | 38.6% | 63.1% | ||
| Q3 24 | 23.2% | 63.1% | ||
| Q2 24 | 37.3% | 64.9% | ||
| Q1 24 | 38.7% | 60.9% |
| Q4 25 | 1.2% | -27.7% | ||
| Q3 25 | 3.1% | 6.3% | ||
| Q2 25 | 0.0% | 9.2% | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 6.0% | -2.0% | ||
| Q3 24 | -108.7% | 12.5% | ||
| Q2 24 | 4.7% | 13.2% | ||
| Q1 24 | 7.6% | -20.1% |
| Q4 25 | 4.8% | -20.7% | ||
| Q3 25 | 3.0% | 4.1% | ||
| Q2 25 | 2.6% | 6.7% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 3.3% | -1.3% | ||
| Q3 24 | -100.2% | 9.7% | ||
| Q2 24 | 7.8% | 9.6% | ||
| Q1 24 | 9.6% | -14.9% |
| Q4 25 | $0.30 | $-4.28 | ||
| Q3 25 | $0.18 | $1.12 | ||
| Q2 25 | $0.16 | $1.70 | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.27 | $-0.25 | ||
| Q3 24 | $-5.33 | $2.57 | ||
| Q2 24 | $0.45 | $2.42 | ||
| Q1 24 | $0.52 | $-3.72 |
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 | $8.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $528.0M |
| Total Assets | $2.4B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $839.3M | $8.0M | ||
| Q3 25 | $870.4M | $6.9M | ||
| Q2 25 | $899.6M | $8.2M | ||
| Q1 25 | $926.9M | — | ||
| Q4 24 | $930.2M | $7.0M | ||
| Q3 24 | $1.0B | $18.4M | ||
| Q2 24 | $1.1B | $7.7M | ||
| Q1 24 | $1.1B | $7.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $29.0M |
| Q4 25 | $2.1B | $528.0M | ||
| Q3 25 | $2.1B | $597.1M | ||
| Q2 25 | $2.1B | $592.4M | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.0B | $612.2M | ||
| Q3 24 | $2.1B | $621.6M | ||
| Q2 24 | $2.3B | $592.9M | ||
| Q1 24 | $2.3B | $560.9M |
| Q4 25 | $2.4B | $1.3B | ||
| Q3 25 | $2.4B | $1.3B | ||
| Q2 25 | $2.4B | $1.3B | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $2.4B | $1.2B | ||
| Q2 24 | $2.5B | $1.2B | ||
| Q1 24 | $2.6B | $1.1B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
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 | $-9.1M |
| Free Cash FlowOCF − Capex | $10.9M | $-47.9M |
| FCF MarginFCF / Revenue | 4.0% | -15.6% |
| Capex IntensityCapex / Revenue | 6.5% | 12.6% |
| Cash ConversionOCF / Net Profit | 2.17× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.5M | $-79.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.8M | $-9.1M | ||
| Q3 25 | $35.3M | $83.5M | ||
| Q2 25 | $-2.2M | $-3.9M | ||
| Q1 25 | $13.4M | — | ||
| Q4 24 | $73.8M | $-18.2M | ||
| Q3 24 | $66.1M | $88.8M | ||
| Q2 24 | $53.5M | $32.9M | ||
| Q1 24 | $54.6M | $74.9M |
| Q4 25 | $10.9M | $-47.9M | ||
| Q3 25 | $14.6M | $52.3M | ||
| Q2 25 | $-17.6M | $-27.4M | ||
| Q1 25 | $-11.4M | — | ||
| Q4 24 | $50.6M | $-56.9M | ||
| Q3 24 | $43.0M | $47.2M | ||
| Q2 24 | $29.2M | $21.0M | ||
| Q1 24 | $26.5M | $55.3M |
| Q4 25 | 4.0% | -15.6% | ||
| Q3 25 | 5.8% | 13.0% | ||
| Q2 25 | -7.0% | -7.0% | ||
| Q1 25 | -5.0% | — | ||
| Q4 24 | 21.6% | -18.5% | ||
| Q3 24 | 18.4% | 11.2% | ||
| Q2 24 | 11.3% | 5.3% | ||
| Q1 24 | 10.5% | 13.7% |
| Q4 25 | 6.5% | 12.6% | ||
| Q3 25 | 8.3% | 7.7% | ||
| Q2 25 | 6.1% | 6.0% | ||
| Q1 25 | 10.9% | — | ||
| Q4 24 | 9.9% | 12.6% | ||
| Q3 24 | 9.9% | 9.9% | ||
| Q2 24 | 9.4% | 3.0% | ||
| Q1 24 | 11.1% | 4.8% |
| Q4 25 | 2.17× | — | ||
| Q3 25 | 4.73× | 5.00× | ||
| Q2 25 | -0.34× | -0.15× | ||
| Q1 25 | 3.58× | — | ||
| Q4 24 | 9.44× | — | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | 2.65× | 0.86× | ||
| Q1 24 | 2.27× | — |
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% |
OXM
| Sales Channel Retail | $162.9M | 53% |
| Sales Channel Wholesale | $61.3M | 20% |
| Johnny Was | $45.4M | 15% |
| Sales Channel Food And Beverage | $29.3M | 10% |
| Other Foreign Countries | $9.0M | 3% |
