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IPG Photonics Corporation (IPGP)
NASDAQ:IPGP
Earnings Data
Report Date
May 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.27Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive tone: management reported a strong Q4 beat, the company's first full-year revenue growth since 2021, growing contribution from higher-margin and emerging markets (medical, micromachining, advanced applications), solid cash and no debt, and product/technology milestones (awards, BUV demo, Crossbow launch). Headwinds were acknowledged—tariff-related margin pressure, under-absorption from inventory decisions, higher product costs, and some timing-related order shipping into future quarters—along with increased 2026 CapEx. Overall, the positive operational momentum, diversified growth drivers, robust balance sheet, and book-to-bill >1 outweigh the margin and timing challenges, but management remains cautiously optimistic.Company Guidance
Strong Q4 Revenue Beat
Revenue of $274 million in Q4 2025, +17% year-over-year and +9% sequentially; foreign currency added ~$6 million (≈2%) in the quarter.
First Full-Year Revenue Growth Since 2021
Full-year 2025 revenue grew 3%, marking the company's first annual revenue increase since 2021.
Emerging Growth Mix Expanding
Products outside traditional materials processing represented ~14% of total revenue for 2025; emerging growth products accounted for 54% of total sales in Q4 (up from 52% prior quarter, matching a record).
Medical Business Momentum
Medical sales grew 21% in 2025 to a record level; received FDA clearance for next-generation urology system (StoneSense) and began shipments in Q4; management expects further product launches and potential to expand recurring consumable revenue.
Materials Processing & Welding Strength
Materials processing revenue in Q4 +17% YoY and +6% sequentially; welding showed region-specific strength with increased sales in Asia/China driven by rebounding battery investments and a shift toward stationary storage use cases.
Regional Order Strength
North America sales +23% YoY and +21% sequentially; Asia sales +19% YoY and +5% sequentially; Europe improved +7% YoY and +8% sequentially with notable Clean Laser synergies.
Profitability, Cash Position, and Capital Returns
Adjusted EBITDA of $41 million in Q4 (above guidance), GAAP net income $13 million ($0.31/diluted), adjusted net income $20 million ($0.46/diluted). Strong balance sheet with $839 million cash/cash equivalents/short-term investments, $77 million long-term investments, no debt, positive free cash flow in Q4, $53 million of share repurchases in 2025 and a new $100 million buyback authorization.
Product and Technology Recognition
Received a Prism Award for a new 8 kW single-mode laser; demonstrated a compact 148 nm vacuum ultraviolet BUV laser source—significant technological milestones supporting differentiated roadmap.
Directed Energy Progress
Launched Crossbow (3 kW 'Mini') scalable laser-defense system for group 1/2 drones, formed IPG Defense, and opened an R&D/manufacturing facility in Huntsville, indicating early commercial traction and a roadmap to higher-power variants.
IPGP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IPGP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | $110.90 | $150.25 | +35.48% |
Nov 04, 2025 | $85.90 | $84.00 | -2.21% |
Aug 05, 2025 | $77.46 | $74.63 | -3.65% |
May 06, 2025 | $63.13 | $54.91 | -13.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does IPG Photonics Corporation (IPGP) report earnings?
IPG Photonics Corporation (IPGP) is schdueled to report earning on May 05, 2026, Before Open (Confirmed).
What is IPG Photonics Corporation (IPGP) earnings time?
IPG Photonics Corporation (IPGP) earnings time is at May 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IPGP EPS forecast?
IPGP EPS forecast for the fiscal quarter 2026 (Q1) is 0.27.