Earnings ·
IPG Photonics reports Q3 revenue of $287.5M, up 15%, with diluted EPS of $0.47
IPGPIpg Photonics Corp
IPG Photonics reported third-quarter 2026 revenue of $287.5 million, a 15% increase from the prior year period, driven by double-digit growth in both Industrial Solutions and Advanced Solutions segments. Net income rose to $20.3 million, or $0.47 per diluted share, compared to $7.5 million, or $0.18 per diluted share, in the same quarter last year. Adjusted EBITDA reached $51.5 million, up 39% year-over-year, while adjusted gross margin expanded to 41.0%. The company generated $46 million in operating cash flow and spent $17 million on capital expenditures during the quarter. For the fourth quarter of 2026, IPG expects revenue between $265 million and $295 million and adjusted EPS between $0.30 and $0.60. IPG Photonics is a global leader in fiber laser technology providing solutions for industrial manufacturing, medical, and defense applications.