Earnings ·
IPG Photonics Corporation reported financial results for the quarter ended June 30, 2026
IPGPIpg Photonics Corp
IPG Photonics Corporation reported financial results for the quarter ended June 30, 2026. Second-quarter revenue increased 11% year-over-year to $278.6 million, driven by a 16% rise in Industrial Solutions sales. GAAP net income decreased 21% to $5.2 million, or $0.12 per diluted share, compared to $6.6 million and $0.16 per share in the prior year period. Adjusted EBITDA rose 54% to $48.5 million, and adjusted EPS increased 93% to $0.58. The company provided third-quarter guidance of $265 million to $295 million in revenue and adjusted EPS between $0.30 and $0.60. IPG Photonics Corporation operates in the laser technology industry, manufacturing fiber lasers for industrial, medical, and defense applications.