IPG PHOTONICS CORP (IPGP) Form 8-K — Nov 3, 2026
IPG Photonics reported Q3 2026 revenue of $287.5 million, up 15% year over year, its fourth consecutive quarter of double-digit growth, driven by 12% growth in Industrial Solutions and 33% growth in Advanced Solutions. Net income jumped 171% to $20.3 million ($0.47 diluted EPS), while adjusted EPS of $0.61 rose 74% and adjusted EBITDA of $51.5 million rose 39%. Gross margin expanded to 40.7%, helped by $5.0 million in net tariff refunds. For Q4 2026, IPG guides to revenue of $265-$295 million and adjusted EPS of $0.30-$0.60, excluding any contribution from the pending Lumibird Medical acquisition expected to close in the fourth quarter.
Key figures
- Eps
- 0.47
- Revenue
- 287500000
- Guidance
- Q4 2026: revenue $265M-$295M, adjusted gross margin 37.0%-40.0%, adjusted operating expenses $91M-$94M, adjusted EPS $0.30-$0.60, adjusted EBITDA $33M-$50M; assumes no contribution from Lumibird Medical acquisition
- Net Income
- 20273000
- Revenue Yoy
- 15%
- Total Assets
- 2472043000
- Cash Position
- 710688000
- Capex q3
- 17000000
- Adjusted eps
- 0.61
- Book to bill
- approximately one
- Gross margin
- 40.7%
- Tariff refunds
- 5000000
- Adjusted ebitda
- 51517000
- Operating income
- 20777000
- Operating margin
- 7.2%
- Nine month revenue
- 831577000
- Adjusted ebitda yoy
- 39%
- Adjusted gross margin
- 41.0%
- Nine month revenue yoy
- 14%
- Operating cash flow q3
- 46000000
- Adjusted eps yoy change
- 74%
- Advanced solutions sales
- 47952000
- Industrial solutions sales
- 239548000
AI analysis
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