GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2019–FY 2025.

Net obligations$11.28M
Contract actions72
Awards / PIIDs61
Federal customers6
Contracting offices18
Average action$156.7K
Active fiscal years7
Data coverageFY 2019–FY 2025

Across FY 2019–FY 2025, FPDS records attribute $11.28M in net contract obligations to IPG PHOTONICS CORPORATION across 72 contract actions. Net obligations include positive obligations and later deobligations recorded during the same period.

03 / Spending Trend

IPG PHOTONICS CORPORATION contract spending by year

Annual net obligations show whether recorded federal business expanded or contracted, while actions and customer counts show the breadth of that activity.

Total obligations$210.2K
FY 2025
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2019$2.66M84
FY 2020$2.79M136+5.1%
FY 2021$448.1K84−84.0%
FY 2022$3.44M134+668.4%
FY 2023$970.7K113−71.8%
FY 2024$755.0K154−22.2%
FY 2025$210.2K43−72.2%

04 / Federal Customers

Which federal agencies buy from IPG PHOTONICS CORPORATION?

Ranked by net obligations during FY 2019–FY 2025.

AgencyCodeObligationsActionsVendor share
1700$5.03M2844.6%
2100$2.72M1024.1%
5700$2.12M318.8%
1341$969.4K218.6%
8000$388.1K73.4%
7529$43.5K30.4%

05 / Contracting Offices

Which contracting offices buy from IPG PHOTONICS CORPORATION?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top NAICS Industries

Which industries define this vendor’s federal work?

NAICSDescriptionObligationsActionsCustomersShare
335999ALL OTHER MISCELLANEOUS ELECTRICAL EQUIPMENT AND COMPONENT MANUFACTURING$3.31M14129.4%
541715RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY)$2.20M2119.5%
334516ANALYTICAL LABORATORY INSTRUMENT MANUFACTURING$2.04M35618.0%
334510ELECTROMEDICAL AND ELECTROTHERAPEUTIC APPARATUS MANUFACTURING$2.02M1117.9%
333314OPTICAL INSTRUMENT AND LENS MANUFACTURING$923.8K528.2%
333249OTHER INDUSTRIAL MACHINERY MANUFACTURING$265.6K212.4%
334413SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING$240.1K322.1%
334511SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING$63.4K110.6%
333517MACHINE TOOL MANUFACTURING$61.6K110.5%
811219OTHER ELECTRONIC AND PRECISION EQUIPMENT REPAIR AND MAINTENANCE$57.0K210.5%

07 / Top Product and Service Codes

What products and services does the government buy from this vendor?

PSCDescriptionObligationsActionsCustomersShare
6640LABORATORY EQUIPMENT AND SUPPLIES$3.37M28629.9%
5860STIMULATED COHERENT RADIATION DEVICES, COMPONENTS, AND ACCESSORIES$2.62M8123.2%
AC23R&D- DEFENSE SYSTEM: MISSILE/SPACE SYSTEMS (ADVANCED DEVELOPMENT)$2.20M2119.5%
7G21IT AND TELECOM - NETWORK: DIGITAL NETWORK PRODUCTS (HARDWARE AND PERPETUAL LICENSE SOFTWARE)$935.2K318.3%
6032FIBER OPTIC LIGHT SOURCES AND PHOTO DETECTORS$415.0K323.7%
6650OPTICAL INSTRUMENTS, TEST EQUIPMENT, COMPONENTS AND ACCESSORIES$398.2K523.5%
3695MISCELLANEOUS SPECIAL INDUSTRY MACHINERY$305.6K212.7%
6635PHYSICAL PROPERTIES TESTING AND INSPECTION$289.1K312.6%
6625ELECTRICAL AND ELECTRONIC PROPERTIES MEASURING AND TESTING INSTRUMENTS$162.9K431.4%
6630CHEMICAL ANALYSIS INSTRUMENTS$139.2K111.2%

08 / Competition Pattern

How was IPG PHOTONICS CORPORATION’s federal work competed?

Competition categories describe the procurement path recorded on the underlying contract actions.

Competition categoryObligationsActions
Competed under SAP$3.85M30
Other / unknown$1.81M28
Not available for competition$5.23M11
Not competed under SAP$248.2K2
Competed$139.2K1

09 / Recent Contract Awards

What contract actions were recorded most recently for IPG PHOTONICS CORPORATION?

The latest recorded PIIDs connect this profile to the underlying federal award search.

Award / PIIDSignedObligationAgency / officeNAICSPSC
1333ND25PNB730556Sep 16, 2025$30.5KNATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY DEPT OF COMMERCE NIST3345166625

10 / Interpreting the Profile

How should you evaluate IPG PHOTONICS CORPORATION as a federal contractor?

Read obligations, customers, markets, competition, and individual awards together. A large historical total indicates federal scale, but it does not by itself describe current backlog, commercial revenue, profitability, or future opportunity.

01

Separate obligations from revenue

FPDS obligations are government accounting actions and may include later deobligations.

02

Follow customer concentration

Agency and office concentration reveals where the vendor’s federal relationships are strongest.

03

Test market overlap

NAICS and PSC shares show whether the vendor competes in the same markets as your company.

04

Inspect the awards

Open the PIIDs to verify dates, offices, classifications, and transaction history.