Which has grown faster, IPGP or NVTS?

Over the past five years, NVTS grew revenue faster — IPGP at a -4.87% CAGR versus NVTS at 14.07%.

Is IPGP or NVTS more profitable?

IPGP runs the higher net margin — IPGP at 2.58% versus NVTS at -856.86%.

How have IPGP and NVTS total returns compared?

Over the past 5 years, IPGP delivered -11.49% and NVTS delivered 4.36% annualized total return. Past performance doesn't predict future results.

IPG Photonics Corporation (IPGP) vs Navitas Semiconductor Corp (NVTS)

A side-by-side comparison of IPG Photonics Corporation and Navitas Semiconductor Corp across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

IPGP

IPG Photonics Corporation

$3.55B

$83.69TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT

NVTS

Navitas Semiconductor Corp

$3.13B

$11.97TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — IPGP vs NVTS

growth of $100 · dividends reinvested · last 6y

IPGP -66.7% (-16.7%/yr)NVTS +13.4% (+2.1%/yr)NVTS compounded faster over this window

IPGP NVTS

IPGP vs NVTS: by the numbers

•IPGP is the larger company ($3.55B vs $3.13B market cap).
•IPGP is profitable (2.58% net margin) while NVTS runs a net loss (-856.86%).
•NVTS grew revenue faster over the past five years (14.07% vs -4.87% CAGR).

Metrics side by side

Valuation

Metric	IPGP	NVTS
P/E ratio	128.75	N/A
Forward P/E	75.82	N/A
P/S ratio	3.32	85.54
P/B ratio	1.67	3.90
EV / EBITDA	34.84	N/A
FCF yield	0.59%	N/A

Profitability

Metric	IPGP	NVTS
Gross margin	38.35%	31.03%
Operating margin	0.74%	-190.03%
Net margin	2.58%	-856.86%
ROE	1.30%	-39.06%
ROIC	0.25%	-12.27%

Growth (annualized)

Metric	IPGP	NVTS
Revenue CAGR (5Y)	-4.87%	14.07%
EPS CAGR (5Y)	-24.63%	N/A
FCF CAGR (5Y)	-39.36%	N/A
Total return CAGR (5Y)	-11.49%	4.36%

Frequently asked

Which has grown faster, IPGP or NVTS?: Over the past five years, NVTS grew revenue faster — IPGP at a -4.87% CAGR versus NVTS at 14.07%.
Is IPGP or NVTS more profitable?: IPGP runs the higher net margin — IPGP at 2.58% versus NVTS at -856.86%.
How have IPGP and NVTS total returns compared?: Over the past 5 years, IPGP delivered -11.49% and NVTS delivered 4.36% annualized total return. Past performance doesn't predict future results.

Go deeper

Full IPGP analysis Full NVTS analysis Interactive comparison tool

Dig into the metrics

IPG Photonics P/E ratio IPG Photonics ROE Navitas Semiconductor ROE IPG Photonics operating margin Navitas Semiconductor operating margin IPG Photonics revenue growth Navitas Semiconductor revenue growth IPG Photonics free cash flow Navitas Semiconductor free cash flow

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.