GETWAB

02 / Federal Business Size

Federal contract market at a glance

Measured consistently across FY 2020–FY 2026.

Net obligations$9.49M
Contract actions67
Awards / PIIDs56
Federal customers6
Contracting offices17
Average action$141.7K
Active fiscal years7
Data coverageFY 2020–FY 2026

Across FY 2020–FY 2026, FPDS records attribute $9.49M in net contract obligations to IPG PHOTONICS CORPORATION across 67 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$872.1K
FY 2026
ObligationsHistorical spending range
Fiscal yearObligationsActionsFederal customersChange
FY 2020$2.79M136—
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%
FY 2026$872.1K32+314.9%

04 / Federal Customers

Which federal agencies buy from IPG PHOTONICS CORPORATION?

Ranked by net obligations during FY 2020–FY 2026.

AgencyCodeObligationsActionsVendor share
1700$4.73M2649.8%
5700$2.12M322.4%
1341$1.80M2018.9%
2100$426.0K84.5%
8000$388.1K84.1%
7529$31.6K20.3%

05 / Contracting Offices

Which contracting offices buy from IPG PHOTONICS CORPORATION?

Ranked by net obligations during FY 2020–FY 2026.

06 / Top NAICS Industries

Which industries define this vendor’s federal work?

NAICSDescriptionObligationsActionsCustomersShare
335999ALL OTHER MISCELLANEOUS ELECTRICAL EQUIPMENT AND COMPONENT MANUFACTURING$3.31M14134.9%
334516ANALYTICAL LABORATORY INSTRUMENT MANUFACTURING$2.77M34629.2%
334510ELECTROMEDICAL AND ELECTROTHERAPEUTIC APPARATUS MANUFACTURING$2.02M1121.2%
333314OPTICAL INSTRUMENT AND LENS MANUFACTURING$839.8K428.8%
334413SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING$240.1K322.5%
334511SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING$63.4K110.7%
333517MACHINE TOOL MANUFACTURING$61.6K110.6%
811219OTHER ELECTRONIC AND PRECISION EQUIPMENT REPAIR AND MAINTENANCE$57.0K210.6%
334513INSTRUMENTS AND RELATED PRODUCTS MANUFACTURING FOR MEASURING, DISPLAYING, AND CONTROLLING INDUSTRIAL PROCESS VARIABLES$56.7K310.6%
333249OTHER INDUSTRIAL MACHINERY MANUFACTURING$45.0K110.5%

07 / Top Product and Service Codes

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

PSCDescriptionObligationsActionsCustomersShare
6640LABORATORY EQUIPMENT AND SUPPLIES$3.37M26635.5%
5860STIMULATED COHERENT RADIATION DEVICES, COMPONENTS, AND ACCESSORIES$2.62M8127.6%
7G21IT AND TELECOM - NETWORK: DIGITAL NETWORK PRODUCTS (HARDWARE AND PERPETUAL LICENSE SOFTWARE)$935.2K319.9%
5961SEMICONDUCTOR DEVICES AND ASSOCIATED HARDWARE$902.2K229.5%
6650OPTICAL INSTRUMENTS, TEST EQUIPMENT, COMPONENTS AND ACCESSORIES$314.2K423.3%
6032FIBER OPTIC LIGHT SOURCES AND PHOTO DETECTORS$312.5K213.3%
6635PHYSICAL PROPERTIES TESTING AND INSPECTION$289.1K313.0%
6625ELECTRICAL AND ELECTRONIC PROPERTIES MEASURING AND TESTING INSTRUMENTS$162.9K431.7%
6630CHEMICAL ANALYSIS INSTRUMENTS$139.2K111.5%
7E20IT and Telecom - End User: Help Desk;Tier 1-2,Workspace,Print,Output,Productivity Tools (HW/Perp SW)$135.8K221.4%

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$4.67M29
Other / unknown$1.71M27
Not available for competition$2.95M9
Not competed under SAP$27.5K1
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
1333ND26PNB680359Aug 25, 2026$53.4KNATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY DEPT OF COMMERCE NIST3345166640

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.