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Side-by-side financial comparison of IPG PHOTONICS CORP (IPGP) and POTLATCHDELTIC CORP (PCH). Click either name above to swap in a different company.
POTLATCHDELTIC CORP is the larger business by last-quarter revenue ($314.2M vs $274.5M, roughly 1.1× IPG PHOTONICS CORP). POTLATCHDELTIC CORP runs the higher net margin — 8.2% vs 4.8%, a 3.4% gap on every dollar of revenue. On growth, POTLATCHDELTIC CORP posted the faster year-over-year revenue change (23.1% vs 17.1%). POTLATCHDELTIC CORP produced more free cash flow last quarter ($50.1M vs $10.9M). Over the past eight quarters, POTLATCHDELTIC CORP's revenue compounded faster (11.1% CAGR vs 4.4%).
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.
POTLATCHDELTIC CORPPCHEarnings & Financial Report
PotlatchDeltic Corporation is an American diversified forest products company based in Spokane, Washington.
IPGP vs PCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $274.5M | $314.2M |
| Net Profit | $13.3M | $25.9M |
| Gross Margin | 36.1% | 18.2% |
| Operating Margin | 1.2% | 11.2% |
| Net Margin | 4.8% | 8.2% |
| Revenue YoY | 17.1% | 23.1% |
| Net Profit YoY | 69.8% | 682.5% |
| EPS (diluted) | $0.30 | $0.33 |
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 | — | ||
| Q3 25 | $250.8M | $314.2M | ||
| Q2 25 | $250.7M | $275.0M | ||
| Q1 25 | $227.8M | $268.3M | ||
| Q4 24 | $234.3M | $258.1M | ||
| Q3 24 | $233.1M | $255.1M | ||
| Q2 24 | $257.6M | $320.7M | ||
| Q1 24 | $252.0M | $228.1M |
| Q4 25 | $13.3M | — | ||
| Q3 25 | $7.5M | $25.9M | ||
| Q2 25 | $6.6M | $7.4M | ||
| Q1 25 | $3.8M | $25.8M | ||
| Q4 24 | $7.8M | $5.2M | ||
| Q3 24 | $-233.6M | $3.3M | ||
| Q2 24 | $20.2M | $13.7M | ||
| Q1 24 | $24.1M | $-305.0K |
| Q4 25 | 36.1% | — | ||
| Q3 25 | 39.5% | 18.2% | ||
| Q2 25 | 37.3% | 13.0% | ||
| Q1 25 | 39.4% | 17.8% | ||
| Q4 24 | 38.6% | 13.4% | ||
| Q3 24 | 23.2% | 10.8% | ||
| Q2 24 | 37.3% | 11.9% | ||
| Q1 24 | 38.7% | 7.0% |
| Q4 25 | 1.2% | — | ||
| Q3 25 | 3.1% | 11.2% | ||
| Q2 25 | 0.0% | 5.0% | ||
| Q1 25 | 0.8% | 10.3% | ||
| Q4 24 | 6.0% | 5.2% | ||
| Q3 24 | -108.7% | 2.8% | ||
| Q2 24 | 4.7% | 5.4% | ||
| Q1 24 | 7.6% | -2.1% |
| Q4 25 | 4.8% | — | ||
| Q3 25 | 3.0% | 8.2% | ||
| Q2 25 | 2.6% | 2.7% | ||
| Q1 25 | 1.6% | 9.6% | ||
| Q4 24 | 3.3% | 2.0% | ||
| Q3 24 | -100.2% | 1.3% | ||
| Q2 24 | 7.8% | 4.3% | ||
| Q1 24 | 9.6% | -0.1% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $0.18 | $0.33 | ||
| Q2 25 | $0.16 | $0.09 | ||
| Q1 25 | $0.09 | $0.33 | ||
| Q4 24 | $0.27 | $0.07 | ||
| Q3 24 | $-5.33 | $0.04 | ||
| Q2 24 | $0.45 | $0.17 | ||
| Q1 24 | $0.52 | $0.00 |
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 | $88.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $1.9B |
| Total Assets | $2.4B | $3.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $839.3M | — | ||
| Q3 25 | $870.4M | $88.8M | ||
| Q2 25 | $899.6M | $95.3M | ||
| Q1 25 | $926.9M | $147.5M | ||
| Q4 24 | $930.2M | $151.6M | ||
| Q3 24 | $1.0B | $161.1M | ||
| Q2 24 | $1.1B | $199.7M | ||
| Q1 24 | $1.1B | $180.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | $1.9B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.1B | $2.0B | ||
| Q4 24 | $2.0B | $2.0B | ||
| Q3 24 | $2.1B | $2.1B | ||
| Q2 24 | $2.3B | $2.1B | ||
| Q1 24 | $2.3B | $2.2B |
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | $3.2B | ||
| Q2 25 | $2.4B | $3.2B | ||
| Q1 25 | $2.3B | $3.3B | ||
| Q4 24 | $2.3B | $3.3B | ||
| Q3 24 | $2.4B | $3.3B | ||
| Q2 24 | $2.5B | $3.4B | ||
| Q1 24 | $2.6B | $3.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $65.7M |
| Free Cash FlowOCF − Capex | $10.9M | $50.1M |
| FCF MarginFCF / Revenue | 4.0% | 15.9% |
| Capex IntensityCapex / Revenue | 6.5% | 4.9% |
| Cash ConversionOCF / Net Profit | 2.17× | 2.54× |
| TTM Free Cash FlowTrailing 4 quarters | $-3.5M | $132.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.8M | — | ||
| Q3 25 | $35.3M | $65.7M | ||
| Q2 25 | $-2.2M | $41.0M | ||
| Q1 25 | $13.4M | $49.1M | ||
| Q4 24 | $73.8M | $45.4M | ||
| Q3 24 | $66.1M | $26.5M | ||
| Q2 24 | $53.5M | $100.6M | ||
| Q1 24 | $54.6M | $16.0M |
| Q4 25 | $10.9M | — | ||
| Q3 25 | $14.6M | $50.1M | ||
| Q2 25 | $-17.6M | $30.6M | ||
| Q1 25 | $-11.4M | $26.3M | ||
| Q4 24 | $50.6M | $25.4M | ||
| Q3 24 | $43.0M | $-8.2M | ||
| Q2 24 | $29.2M | $72.4M | ||
| Q1 24 | $26.5M | $2.0M |
| Q4 25 | 4.0% | — | ||
| Q3 25 | 5.8% | 15.9% | ||
| Q2 25 | -7.0% | 11.1% | ||
| Q1 25 | -5.0% | 9.8% | ||
| Q4 24 | 21.6% | 9.9% | ||
| Q3 24 | 18.4% | -3.2% | ||
| Q2 24 | 11.3% | 22.6% | ||
| Q1 24 | 10.5% | 0.9% |
| Q4 25 | 6.5% | — | ||
| Q3 25 | 8.3% | 4.9% | ||
| Q2 25 | 6.1% | 3.8% | ||
| Q1 25 | 10.9% | 8.5% | ||
| Q4 24 | 9.9% | 7.7% | ||
| Q3 24 | 9.9% | 13.6% | ||
| Q2 24 | 9.4% | 8.8% | ||
| Q1 24 | 11.1% | 6.1% |
| Q4 25 | 2.17× | — | ||
| Q3 25 | 4.73× | 2.54× | ||
| Q2 25 | -0.34× | 5.58× | ||
| Q1 25 | 3.58× | 1.90× | ||
| Q4 24 | 9.44× | 8.74× | ||
| Q3 24 | — | 7.99× | ||
| Q2 24 | 2.65× | 7.35× | ||
| 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% |
PCH
| Lumber | $131.8M | 42% |
| Timberlands | $52.5M | 17% |
| Rural Real Estate | $51.3M | 16% |
| Residuals And Panels | $34.0M | 11% |
| Pulpwood | $16.7M | 5% |
| Development Real Estate | $14.6M | 5% |
| Other | $8.1M | 3% |
| Other Products | $5.2M | 2% |