Earnings summaries and quarterly performance for IPG PHOTONICS.
Executive leadership at IPG PHOTONICS.
Mark Gitin
Detailed
Chief Executive Officer
CEO
AL
Angelo Lopresti
Detailed
Senior Vice President, General Counsel and Secretary
IS
Igor Samartsev
Detailed
Senior Vice President, Chief Scientist
PB
Paulus Bucher
Detailed
Senior Vice President, Global Operations
TM
Timothy Mammen
Detailed
Senior Vice President and Chief Financial Officer
TN
Trevor Ness
Detailed
Senior Vice President, Sales and Strategic Business Development
Board of directors at IPG PHOTONICS.
AT
Agnes Tang
Detailed
Director
EM
Eric Meurice
Detailed
Director
ES
Eugene Scherbakov
Detailed
Director
GB
Gregory Beecher
Detailed
Director
GD
Gregory Dougherty
Detailed
Director
JD
Jeanmarie Desmond
Detailed
Director
JP
John Peeler
Detailed
Non-Executive Chair of the Board
KK
Kolleen Kennedy
Detailed
Director
NP
Natalia Pavlova
Detailed
Director
Research analysts who have asked questions during IPG PHOTONICS earnings calls.
JR
James Ricchiuti
Needham & Company, LLC
4 questions for IPGP
Also covers: AEIS, BELFA, BHE +20 more
Mark Miller
The Benchmark Company LLC
4 questions for IPGP
Also covers: ACLS, ACMR, AEIS +11 more
RR
Ruben Roy
Stifel Financial Corp.
4 questions for IPGP
Also covers: CDNS, CIEN, CLS +13 more
KH
Keith Housum
Northcoast Research
3 questions for IPGP
Also covers: AXON, BRC, CDW +10 more
Scott Graham
Seaport Research Partners
3 questions for IPGP
Also covers: AEIS, AME, AOS +8 more
Michael Feniger
Bank of America
2 questions for IPGP
Also covers: ACM, AGCO, CAT +11 more
Recent press releases and 8-K filings for IPGP.
Industrial Laser System Market Forecasts Strong Growth to by 2034
IPGP
New Projects/Investments
Revenue Acceleration/Inflection
- The industrial laser system market is projected to grow from nearly $25.38 billion in 2024 to $57.22 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 8.5%.
- IPG Photonics Corporation is identified as a significant competitor in this fragmented market, where the top ten players collectively held 20.71% of the market share in 2024.
- Key drivers for this growth include the accelerated production of medical devices, a surge in electric vehicle (EV) battery manufacturing, the trend towards smart factories, and the expansion of additive manufacturing and 3D printing.
Jan 14, 2026, 3:10 PM
IPG Photonics Opens New Defense Facility in Huntsville, Alabama
IPGP
New Projects/Investments
Hiring
- IPG Photonics announced the grand opening of its new 14,000-square-foot office and manufacturing facility in Huntsville, Alabama on November 6, 2025.
- This facility will serve as the headquarters for the newly created IPG Defense business, dedicated to the development and production of laser defense solutions for both military and civilian operations.
- The new location is designed to enable more rapid design, development, and manufacturing of CROSSBOWTM laser defense products and to scale up the local workforce to meet increased demand.
- IPG Defense is actively hiring for positions in Engineering, Applications, Operations, and Field Support, leveraging the local talent pool in Huntsville.
Nov 6, 2025, 9:00 PM
IPGP Announces Q3 2025 Results and Q4 2025 Outlook
IPGP
Earnings
Guidance Update
Share Buyback
- IPGP reported Q3 2025 revenue of $250.8 million, an 8% increase year-over-year, with Adjusted EPS of $0.35 and Adjusted EBITDA of $37.0 million.
- The company's gross margin benefited from higher revenue and lower inventory provisions, partially offset by higher product costs and tariffs.
- During Q3 2025, IPGP bought back $16 million of shares.
- For Q4 2025, IPGP anticipates revenue between $230 million and $260 million, Adjusted EPS between $0.05 and $0.35, and Adjusted EBITDA between $21 million and $38 million.
Nov 4, 2025, 3:00 PM
IPGP Reports Q3 2025 Results and Provides Q4 2025 Outlook
IPGP
Earnings
Guidance Update
Product Launch
- IPGP reported Q3 2025 revenue of $251 million, an 8% year-over-year increase (or 11% excluding divestitures), with adjusted gross margin at 39.8%, adjusted EBITDA of $37 million, and adjusted earnings per diluted share of $0.35, all at the top end of expectations.
- The company received FDA clearance for its next-generation Thulium medical laser systems, with shipments anticipated to begin by the end of Q4 2025, and commenced shipping new high-power rack-integrated lasers to cutting OEM customers.
- For Q4 2025, IPGP expects revenue between $230 million and $260 million and adjusted earnings per diluted share in the range of $0.05 to $0.35.
- Demand was strong in battery production, additive manufacturing, and cleaning, with a book-to-bill of approximately one, leading to a cautiously optimistic outlook despite persistent demand uncertainty.
Nov 4, 2025, 3:00 PM
IPG Photonics Announces Q3 2025 Financial Results and Q4 2025 Guidance
IPGP
Earnings
Guidance Update
Revenue Acceleration/Inflection
- IPG Photonics Corporation reported revenue of $250.8 million for the third quarter ended September 30, 2025, an 8% increase year-over-year, with net income of $7.5 million.
- The company's GAAP gross margin improved to 39.5% in Q3 2025, up from 23.2% in the prior year period.
- Revenue growth was driven by business wins and strategic initiatives, with materials processing sales increasing 6% and other applications sales increasing 20% year-over-year.
- For the fourth quarter of 2025, IPG Photonics expects revenue to be between $230 million and $260 million, with adjusted earnings per diluted share in the range of $0.05 to $0.35.
- During Q3 2025, the company spent $16 million on share repurchases.
Nov 4, 2025, 1:01 PM
IPG Photonics Reports Q3 2025 Financial Results and Q4 2025 Guidance
IPGP
Earnings
Guidance Update
Revenue Acceleration/Inflection
- IPG Photonics reported Q3 2025 revenue of $250.8 million, an 8% increase year-over-year, with adjusted earnings per diluted share of $0.35 and adjusted EBITDA of $37.0 million.
- The company's revenue growth was driven by business wins, strategic initiatives, stable industrial demand, and growth in battery production, with materials processing sales increasing 6% year-over-year and other applications sales rising 20%. The third quarter book-to-bill ratio was approximately one, indicating stable demand.
- For Q4 2025, IPG Photonics expects revenue between $230 million and $260 million, adjusted earnings per diluted share in the range of $0.05 to $0.35, and adjusted EBITDA between $21 million and $38 million.
Nov 4, 2025, 1:00 PM
IPG Photonics Announces Q2 2025 Financial Results
IPGP
Earnings
Guidance Update
Share Buyback
- IPG Photonics reported Q2 2025 revenue of $250.7 million, a 3% decrease year-over-year from $257.6 million in Q2 2024.
- Diluted earnings per share for Q2 2025 were $0.16, a 64% decrease compared to $0.45 in Q2 2024.
- The company's book-to-bill ratio was approximately one in Q2 2025.
- For Q3 2025, IPG Photonics expects revenue to be between $225 million and $255 million, and adjusted earnings per diluted share in the range of $0.05 to $0.35.
- During Q2 2025, IPG Photonics spent $30 million on share repurchases.
Aug 5, 2025, 12:00 AM
IPG Photonics secures new revolving credit facility
IPGP
Debt Issuance
- IPG Photonics Corporation (IPGP) entered into a new $200 million unsecured, revolving credit facility on June 24, 2025, replacing its previous loan agreement that expired on June 30, 2025.
- The facility is scheduled to mature on June 24, 2030, and can be used for working capital, capital expenditures, and other general corporate purposes.
- Borrowings under the Credit Agreement will bear interest at a fluctuating rate based on Term SOFR or a Base Rate, plus an applicable rate that varies based on the company's Consolidated Net Leverage Ratio.
- The company is required to comply with a Consolidated Net Leverage Ratio of 3.00 to 1.00 on the last day of each fiscal quarter.
Jun 30, 2025, 12:00 AM
Quarterly earnings call transcripts for IPG PHOTONICS.
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