Cirrus Logic (CRUS) vs IPG Photonics (IPGP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
IPG Photonics (IPGP) has outperformed Cirrus Logic (CRUS) over the past year, losing 9.7% versus a loss of 10.7%. Over five years, CRUS leads with a +41.3% price change compared with -52.6% for IPGP. Cirrus Logic is the larger company by market cap ($5.36 billion vs $3.33 billion), about 1.6 times the size.
On valuation, Cirrus Logic trades at a lower forward P/E (12.0x vs 33.9x for IPG Photonics). Cirrus Logic converts more of its revenue into profit, with a net margin of 20.7% versus 3.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CRUS | IPGP |
|---|---|---|
| Share price | $106.87 | $78.27 |
| Market cap | $5.36B | $3.33B |
| 1-day change | -5.59% | +0.68% |
| YTD return | -4.47% | +9.32% |
| 1-year return | -10.66% | -9.69% |
| 5-year return | +41.34% | -52.59% |
| P/E ratio (TTM) | 13.05 | 120.42 |
| Forward P/E | 12.01 | 33.93 |
| EPS (TTM) | $8.19 | $0.65 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.00B | $1.00B |
| Revenue growth (YoY) | +5.34% | +2.73% |
| Net income (latest FY) | $414.41M | $31.10M |
| Gross margin | 52.78% | 38.00% |
| Operating margin | 23.05% | 1.31% |
| Net margin | 20.75% | 3.10% |
| 52-week high | $180.42 | $155.82 |
| 52-week low | $106.26 | $69.41 |
| Distance from 52-week high | -40.77% | -49.77% |
| Analyst consensus | none | none |
| Avg. price target upside | +54.39% | +58.60% |
| Average volume | 813.42K | 468.75K |
| Shares outstanding | 50.12M | 42.53M |
| Employees | 1,651 | 4,840 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- IPG Photonics trades at a higher earnings multiple (120.4x vs 13.0x trailing P/E).
- Cirrus Logic is more profitable, keeping 20.7 cents of every revenue dollar as net income versus 3.1 cents for IPG Photonics.
About Cirrus Logic
CRUS stock →Cirrus Logic, Inc., a fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology for use in smartphones, PCs, tablets, AR/VR headsets, wearables, home theatre systems, automotive entertainment systems, and professional audio systems.
Technology · Semiconductors · 1,651 employees
About IPG Photonics
IPGP stock →IPG Photonics Corporation develops, manufactures, and sells fiber lasers, fiber amplifiers, diode lasers, and laser-based systems used in materials processing, medical, and advanced applications. The company offers laser products, including hybrid fiber-solid state lasers with green and ultraviolet wavelengths; fiber pigtailed packaged diodes and fiber coupled direct diode laser systems; and high-energy pulsed lasers, multi-wavelength and tunable lasers, and single-polarization and single-frequency lasers, as well as other versions.
Technology · Semiconductors · 4,840 employees
CRUS vs IPGP FAQ
Which is bigger, Cirrus Logic or IPG Photonics?
Cirrus Logic (CRUS) is larger, with a market capitalization of $5.36B compared with $3.33B for IPG Photonics (IPGP).
Which stock has performed better over the past year, CRUS or IPGP?
IPGP returned -9.69% over the past 12 months, compared with -10.66% for CRUS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CRUS or IPGP?
CRUS has the lower trailing P/E at 13.0, versus 120.4 for IPGP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Cirrus Logic and IPG Photonics in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.