IPG Photonics (IPGP) vs OSI Systems (OSIS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
IPG Photonics (IPGP) has outperformed OSI Systems (OSIS) over the past year, losing 5.0% versus a loss of 22.2%. Over five years, OSIS leads with a +104.5% price change compared with -51.0% for IPGP. IPG Photonics is the larger company by market cap ($3.34 billion vs $3.11 billion), about 1.1 times the size, while OSI Systems is growing revenue faster (+4.3% vs +2.7%).
On valuation, OSI Systems trades at a lower forward P/E (15.2x vs 34.0x for IPG Photonics). OSI Systems converts more of its revenue into profit, with a net margin of 8.7% 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 | IPGP | OSIS |
|---|---|---|
| Share price | $78.48 | $194.99 |
| Market cap | $3.34B | $3.11B |
| 1-day change | -2.98% | +0.48% |
| YTD return | +12.97% | -23.92% |
| 1-year return | -4.97% | -22.19% |
| 5-year return | -51.00% | +104.48% |
| P/E ratio (TTM) | 120.74 | 21.79 |
| Forward P/E | 34.02 | 15.22 |
| EPS (TTM) | $0.65 | $8.95 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.00B | $1.79B |
| Revenue growth (YoY) | +2.73% | +4.25% |
| Net income (latest FY) | $31.10M | $154.71M |
| Gross margin | 38.00% | 33.21% |
| Operating margin | 1.31% | 12.26% |
| Net margin | 3.10% | 8.66% |
| 52-week high | $155.82 | $311.72 |
| 52-week low | $69.41 | $186.50 |
| Distance from 52-week high | -49.63% | -37.45% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +58.18% | +42.72% |
| Average volume | 471.26K | 232.36K |
| Shares outstanding | 42.53M | 15.94M |
| Employees | 4,840 | 7,806 |
| 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
- IPGP has outperformed OSIS by 17.2 percentage points over the past year.
- IPG Photonics trades at a higher earnings multiple (120.7x vs 21.8x trailing P/E).
- OSI Systems is more profitable, keeping 8.7 cents of every revenue dollar as net income versus 3.1 cents for IPG Photonics.
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
About OSI Systems
OSIS stock →OSI Systems, Inc. designs and manufactures specialized electronic systems and components for critical applications in the United States, Mexico, the rest of Americas, the United Kingdom, Europe, the Middle East, Africa, and the Asia-Pacific.
Technology · Semiconductors · 7,806 employees
IPGP vs OSIS FAQ
Which is bigger, IPG Photonics or OSI Systems?
IPG Photonics (IPGP) is larger, with a market capitalization of $3.34B compared with $3.11B for OSI Systems (OSIS).
Which stock has performed better over the past year, IPGP or OSIS?
IPGP returned -4.97% over the past 12 months, compared with -22.19% for OSIS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IPGP or OSIS?
OSIS has the lower trailing P/E at 21.8, versus 120.7 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 IPG Photonics and OSI Systems in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.