{"filings":[{"id":2033960,"accession_number":"0001111928-26-000150","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-08-04T12:00:56+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q2 revenue $278.6M (+11% YoY), adj. EPS $0.58 beats guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $278.6M, up 11% YoY; Industrial Solutions up 16% to $237M.","GAAP net income $5.2M ($0.12 diluted EPS); adjusted EPS $0.58, up 93% YoY.","Adjusted EBITDA $48.5M, up 54% YoY; gross margin 40.4% GAAP, 40.7% adjusted.","Q3 2026 guidance: revenue $265-295M, adj. gross margin 37.5-40.5%, adj. EPS $0.30-0.60.","Book-to-bill above 1; emerging growth products 58% of revenue; acquired Lumibird Medical."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1700637,"accession_number":"0001111928-26-000142","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-07-17T10:30:35+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"IPG Photonics to acquire Lumibird Medical for €300M; expands medical laser platform","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires Lumibird Medical for €300M cash-free, debt-free; up to €50M earnout based on 2026-2027 performance.","Lumibird Medical reported FY2025 revenue of €112.2M and EBITDA of €24.1M (21.5% margin).","Deal expected to close in Q4 2026, subject to French works council consultation and FDI approval.","IPG expects the acquisition to be accretive to gross margin, EBITDA, and adjusted EPS; funded with cash on hand.","Adds ~$1B addressable market in medical lasers; creates scaled platform in ophthalmology and urology."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":471558,"accession_number":"0001111928-26-000120","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-05-15T20:29:44+00:00","items":["5.07"],"status":"ready","headline":"IPG Photonics annual meeting elects all ten directors, approves exec compensation, ratifies auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All ten director nominees elected with majority support; vote tallies ranged from ~36.2M to ~37.8M votes for.","Advisory vote on executive compensation passed: 27,089,325 for, 10,719,258 against, 159,740 abstentions.","Ratification of Deloitte & Touche as independent auditor for 2026 approved: 39,419,373 for, 614,181 against.","Meeting held May 12, 2026; total shares outstanding and broker non-votes disclosed for each item."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91370,"accession_number":"0001111928-26-000094","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"IPG Photonics Q1 revenue up 17% to $265.5M; settles global patent litigation with Trumpf","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Revenue $265.5M (+17% YoY); GAAP diluted EPS $0.04, adjusted EPS $0.29.","Industrial Solutions sales up 21% YoY; Advanced Solutions down 5%.","Q2 guidance: revenue $260-290M, adjusted EPS $0.25-0.55, adjusted EBITDA $32-48M.","Book-to-bill above one for second consecutive quarter; demand robust.","Resolved and dismissed all patent litigation with Trumpf worldwide; terms not disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101398,"accession_number":"0001111928-26-000074","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-03-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"IPG loses UPC ruling on AMB lasers; less than 1% of sales impacted","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Düsseldorf UPC ruled IPG's AMB lasers infringe Trumpf's European Patent 2,624,031.","Decision covers Germany, France, Italy; affects less than 1% of IPG total sales.","IPG will appeal and implement contingency measures for AMB customers.","Other IPG laser models not involved; product portfolio remains broadly available.","Remedies including injunction, recall, damages to be determined later."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101397,"accession_number":"0001111928-26-000051","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"UPC rules IPG's AMB lasers infringe Trumpf patent; <1% of sales affected","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["UPC Mannheim Local Division found certain AMB laser designs infringe European Patent 2,951,625.","Ruling applies to seven UPC member states including Germany, France and Italy.","Affected products represent less than 1% of IPG's total sales.","IPG disagrees and plans to appeal to the UPC Court of Appeal.","Remedies (injunction, recall, damages) to be determined at a later stage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101396,"accession_number":"0001111928-26-000015","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q4 2025 revenue up 17% YoY, adjusted EPS $0.46, authorizes $100M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $274.5M (+17% YoY); GAAP net income $13.3M ($0.31 EPS); adjusted EPS $0.46 (+53%).","GAAP gross margin 36.1% vs 38.6% YoY; adjusted 37.6%; tariffs and product costs weighed.","Materials processing sales +17%; emerging growth products 54% of revenue; Asia +19%, N.Am +23%, Europe +6%.","Board authorized new $100M share repurchase program.","Q1 2026 guidance: revenue $235M-$265M, adjusted EPS $0.10-$0.40, adjusted EBITDA $25M-$40M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.73,"consensus_revenue_estimate":null,"consensus_revenue_actual":1003777000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117764,"accession_number":"0001111928-25-000165","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Q3 2025 revenue $251M (+8% YoY); GAAP EPS $0.18, adj. EPS $0.35; guides Q4 rev $230-260M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2025 revenue $250.8M (+8% YoY); GAAP net income $7.5M vs loss of $233.6M in prior year.","GAAP gross margin 39.5% vs 23.2% YoY; adjusted gross margin 39.8% vs 36.2%.","Adjusted EBITDA $37.0M, up 33% YoY; adjusted EPS $0.35, up 9% YoY.","Q4 2025 guidance: revenue $230-260M, adjusted gross margin 36-39%, adjusted EPS $0.05-0.35.","Business wins and stable industrial demand drove growth; emerging growth products 52% of revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":729306000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117763,"accession_number":"0001111928-25-000147","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-10-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics adopts amended Executive Severance Plan; modifies CIC benefits and director pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Tier One SVPs now get prorated performance equity based on actual results; post-CIC equity deemed earned at target.","Tier Two/Three CIC cash severance becomes lump sum with target bonus multiples; enhanced period 2 yrs then 12 months.","CEO Mark Gitin's employment agreement clarifies bonus financial-performance percentage set annually by committee.","Non-employee director annual retainer increased from $80,000 to $85,000 effective Sept 30, 2025.","SVPs Lopresti, Mammen, Ness, Samartsev terminated employment agreements; now covered by Severance Plan as at-will employees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134204,"accession_number":"0001111928-25-000129","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q2 revenue $250.7M above expectations; guides Q3 $225-255M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $0.16 vs $0.45 a year ago; adjusted EPS $0.30 vs $0.52.","Revenue down 3% YoY but up excluding divestitures; gross margin flat at 37.3%.","Book-to-bill ~1.0; materials processing sales down 6%, other applications up 21%.","Q3 guidance: revenue $225-255M, adjusted EPS $0.05-$0.35, adjusted EBITDA $22-36M.","Spent $30M on share repurchases in Q2; cites tariff uncertainty as risk."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":478514000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134203,"accession_number":"0001111928-25-000125","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics appoints Dr. Paulus Bucher as SVP, Global Operations","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Paulus Bucher appointed SVP, Global Operations effective July 1, 2025; reports to CEO.","Annual base salary $420,000; target bonus 65% of salary under Annual Incentive Plan.","Long-term incentive equity award target 150% of base salary, split 50/50 RSUs and PSUs.","Severance benefits under Tier One Executive Severance Plan: 18 months base salary (24 months if change-in-control).","Bucher previously SVP Global Operations at Adtran; will relocate from Germany to U.S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150989,"accession_number":"0001111928-25-000122","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"IPG Photonics replaces credit facility with $200M unsecured revolver maturing 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $200M revolving credit facility matures June 24, 2030; up to $25M available for letters of credit.","Interest rate is Term SOFR plus spread tied to Consolidated Net Leverage Ratio (starting Pricing Level 3).","Company may request increase of commitments by up to $100M, subject to lender consent and no default.","Facility replaces existing Second Amended and Restated Loan Agreement that expired June 30, 2025.","Proceeds to be used for working capital, capital expenditures, and general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150988,"accession_number":"0001111928-25-000106","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"IPG Photonics stockholders approve 2025 Incentive Compensation Plan; board reduced to 10","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders elected 10 directors; all nominees received majority support.","2025 Plan approved with ~37.6M for, 0.8M against; replaces 2006 Plan.","2025 Plan authorizes 2.1M new shares plus shares from prior plan forfeitures.","Board reduced from 11 to 10 members effective immediately after meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150987,"accession_number":"0001111928-25-000067","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q1 rev $228M (-10% YoY); GAAP EPS $0.09; Q2 guidance reflects tariff delays","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $227.8M (-10% YoY); net income $3.8M ($0.09 diluted EPS) vs $24.1M ($0.52) a year ago.","Adjusted EPS $0.31, adjusted EBITDA $32.7M, both at top end of guidance.","Materials processing sales down 14%; medical and advanced applications up 25% YoY.","Book-to-bill above one, highest in over two years; Asia +8%, Europe -28%.","Q2 guidance: rev $210-240M, adj. EPS -$0.05 to $0.25; $15M tariff-related shipment delays, 150-200 bps gross margin hit."],"consensus_eps_estimate":null,"consensus_eps_actual":0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":227793000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150986,"accession_number":"0001111928-25-000061","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-04-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics extends former CTO Ovtchinnikov's consulting to Dec 31, 2025 at $10k/month","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Former SVP & CTO Alexander Ovtchinnikov's consulting term extended from March 31 to December 31, 2025.","Monthly consulting fee reduced to $10,000 (from $17,000) during extended term; hours cut to 5/week.","Non-compete extended to later of March 31, 2026 or six months after termination; non-solicitation to later of Sept 30, 2026 or 12 months after."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169886,"accession_number":"0001111928-25-000040","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"IPG director Michael C. Child will not stand for re-election at 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael C. Child informed IPG on March 6, 2025 that he will not seek re-election at the 2025 annual shareholder meeting.","His decision is not due to any disagreement with the company regarding operations, policies, or practices.","No other board or executive officer changes were disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169885,"accession_number":"0001111928-25-000003","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2025-02-11T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"IPG Photonics Q4 revenue down 22% to $234M; EPS $0.18 (-80%); CAO change; weak Q1 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $234.3M (-22% YoY); EPS $0.18 (-80% from $0.89); net income $7.8M vs $41.4M.","Gross margin 38.6% (+40bps); operating income $14.0M (-51%); cash from ops $74M; $57M share repurchases.","Materials processing sales -24% YoY; regional: NA -31%, China -22%, Europe -22%, Japan +15%.","CAO Thomas Burgomaster retiring March 1, 2025; succeeded by VP Finance Mary Buttarazzi.","Q1 2025 guidance: revenue $210-240M, gross margin 36-39%, adj. EPS $0.05-0.35."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":977134000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186941,"accession_number":"0001111928-24-000133","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"IPG Photonics reports Q3 loss of $5.33/share, guides Q4 EPS $0.05-$0.35, acquires cleanLASER","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $233.1M (-23% YoY); GAAP diluted EPS loss $5.33; adjusted EPS $0.29.","Gross margin 23.2% (adjusted 36%) due to $30M inventory provision; includes $198M loss on Russia divestiture and $27M impairment.","Q4 guidance: revenue $210-240M, gross margin 35-38%, EPS $0.05-$0.35.","Acquired Clean-Lasersysteme GmbH (cleanLASER), ~$30M annual revenue, ~2,000 installed systems; close expected Q4 2024.","Book-to-bill of 1; management says demand appears to be bottoming."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":742797000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203476,"accession_number":"0001111928-24-000130","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-08-29T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"IPG Photonics sells Russian subsidiary IRE-Polus for $51M; expects $195-210M in charges","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Sale proceeds $51M before fees; charges $195-210M including $60-65M net asset write-down and $135-145M translation loss.","Sale reduces Q3 revenue by ~$5M; IRE-Polus <5% of full-year revenue.","Revised AIP caps executive payouts at 62.5% of original target; metric is H2 net sales.","CEO Mark Gitin receives guaranteed 2024 bonus not impacted by revised AIP.","Company completed exit from Russia; manufacturing shifted to Germany, US, Italy, and Poland."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203475,"accession_number":"0001111928-24-000127","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-08-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics CTO Alexander Ovtchinnikov to retire Sept 15, 2024, consulting through March 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CTO Alexander Ovtchinnikov retires effective Sept 15, 2024; signs consulting agreement through March 31, 2025.","Consulting fee of $17,000/month; equity awards continue vesting during consulting term.","IPG pays COBRA premiums for 18 months beginning Sept 16, 2024; non-compete/non-solicit periods start March 15, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203474,"accession_number":"0001111928-24-000120","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q2 revenue $258M (-24% YoY), EPS $0.45; guides Q3 rev $210-240M, EPS $0.00-0.30","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $258M, down 24% YoY; EPS $0.45 vs $1.31, down 66%.","Gross margin 37.3%, down 610 bps; operating income $12M, down 83%.","Book-to-bill below 1; Q3 guidance: rev $210-240M, EPS $0.00-0.30, gross margin 34-37%.","Regional declines: China -34%, Europe -27%, Japan -39%, N. America -2%.","Materials processing down 28% YoY; other sales up 24% driven by medical and advanced applications."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":509654000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219918,"accession_number":"0001111928-24-000099","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-06-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"IPG Photonics shareholders elect all director nominees, approve say-on-pay and auditor ratification","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All ten director nominees elected with strong support; votes ranged from 38,252,098 to 40,901,176 for.","Advisory say-on-pay proposal approved with 39,503,997 votes for, 1,547,374 against, 64,204 abstentions.","Ratification of Deloitte & Touche as independent auditor for 2024 approved with 42,210,703 votes for.","Broker non-votes of 2,251,644 on director elections and say-on-pay; no broker non-votes on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219917,"accession_number":"0001111928-24-000067","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics appoints Mark Gitin as CEO effective June 5, 2024; Scherbakov transitions to advisor role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Mark Gitin, previously EVP at MKS Instruments, named CEO effective June 5, 2024, succeeding Dr. Eugene Scherbakov.","Gitin receives $775k base salary, guaranteed 2024 bonus of 100% of base, $5M equity award (50% PSUs, 50% RSUs), $500k relocation stipend.","Scherbakov steps down as CEO, remains on Board, enters 2-year advisor agreement with fees: €1.24M first year, €800k second year.","Board enlarged to 11 members; Gitin appointed as director effective his start date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219916,"accession_number":"0001111928-24-000061","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"IPG Photonics Q1 revenue down 27% to $252M, appoints Mark Gitin as CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Q1 revenue $252M (-27% YoY); diluted EPS $0.52 (-59% YoY); gross margin 38.7% (-360 bps).","Q2 guidance: revenue $240M-$270M, EPS $0.30-$0.60; book-to-book >1 for first time since Q1 2023.","Mark Gitin (MKS Instruments exec) named CEO and Board member effective June 5, replacing Eugene Scherbakov.","Scherbakov stays on Board as advisor; Board grows to 11 members after orderly succession process."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239668,"accession_number":"0001111928-24-000016","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"IPG Photonics 2024 exec comp: CEO base flat at €800K, two NEOs get 5% raise, one-time LTI boost","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Eugene Scherbakov base salary unchanged at €800,000; two other NEOs (Mammen, Lopresti) also flat.","Trevor Ness and Alexander Ovtchinnikov received 5% base salary increases to $501,000 and $505,100 respectively.","Target bonus percentages unchanged (CEO 110%, others 80%) with same performance metrics (net sales, adj. EBIT, 50% each).","LTI awards split 50/50 between RSUs and PSUs; PSUs based equally on revenue CAGR and operating margin over three years.","Non-CEO NEOs granted a one-time additional LTI opportunity equal to 40% of their regular annual LTI award."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239667,"accession_number":"0001111928-24-000009","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2024-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q4 revenue $299M (-10% YoY); EPS $0.89 vs loss $1.91","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $298.9M, down 10% YoY; gross margin improved to 38.2% from 18.2%.","Net income $41.4M vs net loss $92.9M in prior year; diluted EPS $0.89 (adjusted EPS $1.08 prior year).","Materials processing sales down 12%; growth in welding, cleaning, 3D printing, medical offset by cutting decline.","Sales in China down 25%, Europe up 1%, North America down 3%; high-power CW laser revenue down 19%.","Generated $106M cash from operations; spent $64M on share repurchases in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":4.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":1287439000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":257181,"accession_number":"0001111928-23-000168","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"IPG Photonics Q3 revenue $301M (-14% YoY); EPS $1.16; Q4 guidance weak","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $301.4M, down 14% YoY; materials processing sales fell 15% on weak China demand.","EPS $1.16, down 21% YoY; gross margin improved to 44.1% from 43.1%.","Q4 guidance: revenue $270-$300M, EPS $0.80-$1.10; book-to-bill below one.","Board reduced from 11 to 10 members after death of director Felix Stukalin."],"consensus_eps_estimate":null,"consensus_eps_actual":3.73,"consensus_revenue_estimate":null,"consensus_revenue_actual":988546000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":257180,"accession_number":"0001111928-23-000161","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-10-11T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"IPG Photonics COO and board member Felix Stukalin dies on October 6","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Felix Stukalin, SVP, COO, and director, passed away on October 6, 2023.","Stukalin had been a key executive overseeing global operations at the laser manufacturer.","No replacement or interim COO announced; company expresses condolences.","The loss creates a leadership gap in operations and on the board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":274515,"accession_number":"0001111928-23-000153","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-09-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics amends executive severance, extending cash and health benefits to 24 months","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment effective August 30, 2023: Dr. Eugene Scherbakov's cash severance extended from 18 to 24 months.","Health premium reimbursement also extended to 24 months post-termination.","Amendment applies to Service Agreement dated May 4, 2021 between Scherbakov and IPG Laser GmbH.","No other changes to the original agreement; existing terms remain in effect."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":274514,"accession_number":"0001111928-23-000132","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-08-01T23:59:59+00:00","items":["2.02","5.02","7.01","8.01","9.01"],"status":"ready","headline":"IPG Photonics Q2 revenue falls 10% YoY, EPS rises to $1.31; Q3 outlook below expectations","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $340M, down 10% YoY; EPS $1.31 diluted, up 19% YoY.","Materials processing sales down 8% YoY; growth in welding/cleaning offset by cutting/marking declines.","Q3 revenue guidance $300-330M, EPS $0.85-1.15; book-to-bill below one.","China sales fell 28% YoY; Europe +4%, Japan +14%; EV investment in China expected rebound in 2024.","Board adds Kolleen Kennedy, former Varian executive, bringing medical device expertise."],"consensus_eps_estimate":null,"consensus_eps_actual":2.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":687145000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291791,"accession_number":"0001111928-23-000113","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-05-25T23:59:59+00:00","items":["5.03","5.07","8.01","9.01"],"status":"ready","headline":"IPG Photonics annual meeting approves charter amendment and CEO adopts 10b5-1 plan for 13,000 shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders elected 10 directors, approved say-on-pay (41.7M for, 1.3M against), and set frequency to annual.","Amended certificate of incorporation to eliminate monetary liability for certain executive officers for duty of care breaches, effective May 23, 2023.","Approved amendment to 2006 Incentive Compensation Plan (42.1M for, 0.86M against).","Ratified Deloitte & Touche as independent auditor for 2023 (43.6M for, 1.0M against, no broker non-votes).","CEO Dr. Eugene Scherbakov adopted Rule 10b5-1 plan for sale of up to 13,000 shares through February 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291790,"accession_number":"0001111928-23-000084","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q1 rev $347M, EPS $1.26; Q2 guidance $325-355M; new $200M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $347.2M (-6% YoY), gross margin 42.3%, operating income $75.4M (-19%).","EPS $1.26 diluted (-4% YoY); net income $60.1M.","Welding sales strong with record e-mobility and LightWELD; cutting/marking soft.","Q2 2023 guidance: revenue $325-355M, EPS $1.05-$1.35.","Board authorized $200M stock buyback; completed prior $300M program."],"consensus_eps_estimate":null,"consensus_eps_actual":1.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":347174000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":312561,"accession_number":"0001111928-23-000059","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-03-17T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"IPG Photonics discloses 10b5-1 trading plans for director Meurice and CTO Ovtchinnikov","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Director Eric Meurice adopted a plan to sell up to 9,423 shares through June 2024.","SVP & CTO Alexander Ovtchinnikov adopted a plan to sell up to 16,237 shares through August 2024.","Sales will occur on the open market at prevailing prices subject to minimum price thresholds.","Company does not undertake to disclose future plans or modifications, except as required by law."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":312560,"accession_number":"0001111928-23-000018","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-02-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics discloses 2023 executive compensation: CEO base salary up 7.1%, NEOs up 3.5%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Eugene Scherbakov base salary increased 7.1% to €800,000; other NEOs received 3.5% increases.","2023 annual incentive plan targets: CEO target 110% of salary, other NEOs 80%; maximum payout up to 247.5% for CEO.","Long-term equity grants: 50% RSUs (3-year vest) and 50% PSUs tied to organic revenue CAGR and operating margin over 2023-2025.","Non-Employee Director Compensation Plan amended: non-executive Chair retainer increased from $70,000 to $80,000.","PSUs have threshold, target, and maximum; maximum payout 200% of target; performance period 2023-2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":312559,"accession_number":"0001111928-23-000013","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-02-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q4 net loss $92.9M; Russia asset impairment & inventory charges of $153M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $333.5M (-8% YoY); gross margin 18.2% vs 45.5% a year ago; operating loss $88.5M.","Russia-related inventory and asset impairment charges reduced operating income by $153M; restructuring added $10M.","Adjusted diluted EPS $1.08 vs reported loss per share of $1.91; full-year EPS $2.16, down 58%.","Q1 2023 guidance: revenue $310-340M, EPS $0.90-$1.20; backlog $811M record, up 11% YoY.","Welding and medical grew; cutting and China weak; cash from ops $42M, repurchased $117M in stock."],"consensus_eps_estimate":null,"consensus_eps_actual":2.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":1429547000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":312558,"accession_number":"0001111928-23-000006","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2023-01-23T23:59:59+00:00","items":["5.02","5.03","7.01","8.01","9.01"],"status":"ready","headline":"IPG Photonics appoints Greg Beecher to board; Thomas Seifert to resign after 10-K filing","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gregory R. Beecher appointed to IPG Board effective Jan 20, 2023; former Teradyne CFO/CAO.","Thomas J. Seifert will resign as director immediately after 2022 Form 10-K filing; not due to disagreements.","Three Gapontsev trusts adopted 10b5-1 plans for sale of up to 222,500 shares through Dec 2023.","Bylaws corrected for typographical errors in prior filing; no substantive change."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331080,"accession_number":"0001111928-22-000141","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-11-10T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"IPG Photonics amends bylaws to adopt universal proxy rules and other DGCL updates","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bylaws amended to incorporate SEC universal proxy rule (Rule 14a-19) for director nominations.","Stockholders must represent intent to solicit proxies and provide evidence of 67% voting power compliance.","Amendments also update adjournment procedures and eliminate stockholder list examination requirement per DGCL changes.","Amended bylaws effective November 8, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331079,"accession_number":"0001111928-22-000136","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-11-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q3 revenue $349M (-8% YoY); EPS $1.47; Q4 guidance $300-330M revenue","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $349M, down 8% YoY; U.S. dollar strength reduced reported revenue by ~$26M or 7%.","Diluted EPS $1.47, up 5% YoY; net income $76.3M; gross margin 43.1% vs 49.0% a year ago.","Materials processing sales down 10% YoY; emerging growth products (welding, cleaning, solar, medical) accounted for 43% of total revenue.","Q4 2022 guidance: revenue $300-330M, diluted EPS $0.70-1.00; currency headwinds reduce guidance by ~$28M.","Medical sales nearly doubled YoY; e-mobility investments drive welding growth; China and Europe cutting demand soft."],"consensus_eps_estimate":null,"consensus_eps_actual":3.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":1096008000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348638,"accession_number":"0001111928-22-000122","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-09-09T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"IPG CEO Eugene Scherbakov adopts 10b5-1 plan for up to 3,000 shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan adopted by Dr. Eugene A. Scherbakov, Director and CEO, on September 7, 2022.","Plan provides for sale of up to 3,000 shares, including shares from option exercise.","Sales will occur on open market at prevailing prices, subject to minimum price thresholds.","Plan effective through February 2023, unless terminated earlier under certain circumstances.","Company does not undertake to report future adoption or modification of any 10b5-1 plans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348637,"accession_number":"0001111928-22-000105","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q2: revenue $377M (+1%), EPS $1.10 (-15%); new $300M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $377M (+1% YoY); EPS $1.10 (-15% YoY); operating income $71.7M (-22%).","Foreign exchange headwinds cut revenue by ~$18M and EPS by $0.28.","Materials processing sales 91% of total; welding/cleaning up, cutting/solar down.","North America +33%, Japan +43%, China -14% YoY; high-power CW lasers -14%.","Board authorized new $300M stock repurchase; $312M repurchased in H1 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":2.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":747002000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":365372,"accession_number":"0001111928-22-000101","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-06-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"IPG Photonics founder trusts adopt 10b5-1 plans to sell up to 65,000 shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Valentin Gapontsev Trust I plans to sell up to 45,000 shares; Trust II up to 12,000; Trust III up to 8,000.","All sales under the plans will occur on the open market subject to minimum price thresholds through June 2023.","Plans comply with Rule 10b5-1; allow gradual diversification without inside information concerns."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":365371,"accession_number":"0001111928-22-000083","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-05-25T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"IPG Photonics reports 2022 annual meeting results; all director nominees elected, Deloitte ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected; highest vote count 46.1M (Tang), lowest 41.8M (Meurice).","Deloitte & Touche LLP ratified as independent auditor for 2022 with 46.3M for, 1.96M against.","Broker non-votes on director elections totaled 2,169,346 shares.","Annual meeting held May 24, 2022; results disclosed on Form 8-K filed May 25."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":365370,"accession_number":"0001111928-22-000070","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"IPG Photonics Q1 revenue $370M +7% YoY; EPS $1.31; guides Q2 $355-385M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $370M (+7% YoY); EPS $1.31 (+4%); gross margin 46.4% vs 47.5% prior year.","China revenue down 7% to 35% of total; Europe +27%, NA +5%, Japan +18%.","Record welding revenue driven by EV battery manufacturing; high power CW lasers down 2%.","Q2 guidance: revenue $355-385M, EPS $0.95-1.25; tax rate ~26%.","Company stopped new Russia investments, expanding capacity in North America and Western Europe."],"consensus_eps_estimate":null,"consensus_eps_actual":1.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":369979000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384977,"accession_number":"0001111928-22-000054","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-03-28T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"IPG Photonics appoints Felix Stukalin and Agnes K. Tang to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expands to 10 directors with appointment of two new members on March 28, 2022.","Felix Stukalin is IPG's COO (since Feb 2022); brings operational and technical expertise.","Agnes K. Tang is founding partner at Ducera Partners; has investment banking and strategy background.","Appointments effective March 28, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384976,"accession_number":"0001111928-22-000035","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-03-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"IPG Photonics updates on Russian ops; withdraws annual guidance amid sanctions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Russian facilities continue operations with ~2,000 employees; $100M finished product supplied to China in 2021.","Sales to Russian customers nominal at $30M in 2021; cash in Russia <1% of total cash.","Sanctions increase lead times and costs; company has built several months of critical inventory in Russia.","Contingency plans to increase manufacturing in Germany/U.S.; can reduce reliance in 6-9 months.","Withdraws annual guidance due to rapid geopolitical uncertainty; Q1 guidance not updated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384975,"accession_number":"0001111928-22-000032","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-02-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"IPG Photonics promotes Felix Stukalin to COO; 2022 exec comp set","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Felix Stukalin named COO effective Feb 18, 2022; previously SVP North America Operations since 2013.","Base salaries for CEO, named executives, and Stukalin increased 3% from 2021 levels.","2022 AIP targets net sales and adjusted EBIT; target bonus unchanged at 80% (CEO 110%).","Equity grants: RSUs vest over 3 years; PSUs based on 3-year revenue CAGR and operating margin.","CEO awarded 18,273 RSUs and 9,136 PSUs per metric; Stukalin 4,703 RSUs and 2,351 PSUs each."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":384974,"accession_number":"0001111928-22-000009","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2022-02-15T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"IPG Photonics Q4 rev $364.5M (+8% YoY), EPS $1.21 (+32%); guides FY2022 rev growth 3-6%; new $200M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $364.5M (+8% YoY); net income $65.1M, diluted EPS $1.21 (+32%); full-year revenue record $1.46B.","China revenue down 20% YoY; Europe +37%, N.America +30%, Japan +56%; non-China sales 69% of total.","Emerging growth products 38% of Q4 revenue, up 57% YoY; high-power CW laser sales declined 19% YoY.","New $200M stock buyback authorized (in addition to ~$80M remaining from May 2020 program).","Q1 2022 guidance: revenue $320-350M, EPS $0.85-1.15; FY2022 total revenue growth expected 3-6% (transition year)."],"consensus_eps_estimate":null,"consensus_eps_actual":5.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":1460860000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":402846,"accession_number":"0001111928-21-000171","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2021-11-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"IPG Photonics amends director compensation plan, adds $70k annual retainer for Non-Executive Chair","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved $70,000 annual retainer for Non-Executive Chair, effective October 29, 2021.","Existing director retainers ($40k/yr), committee chair fees, and Lead Independent Director fee ($30k) unchanged.","Equity grant structure ($250k initial and annual RSUs) and no meeting fees remain the same."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":402845,"accession_number":"0001111928-21-000165","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2021-11-02T23:59:59+00:00","items":["2.02","5.02","5.03","9.01"],"status":"ready","headline":"IPG Photonics Q3 revenue $379M (+19% YoY), EPS $1.40 (+112%); John Peeler named non-executive Chairman","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $379.2M, up 19% YoY; gross margin 49.0% vs 48.0% prior year.","Diluted EPS $1.40, up 112% YoY; net income $75.4M.","Europe +50% and N. America +55% YoY; China -7% due to soft cutting demand.","Q4 guidance: revenue $330-360M, EPS $1.00-1.30; tax rate ~25%.","John Peeler appointed non-executive Chairman effective Oct 29, succeeding late Dr. Gapontsev."],"consensus_eps_estimate":null,"consensus_eps_actual":3.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":1096393000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":402844,"accession_number":"0001111928-21-000161","cik":1111928,"company_name":"IPG PHOTONICS CORP","ticker":"IPGP","form_type":"8-K","filed_at":"2021-10-25T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"IPG Photonics announces death of founder and Chairman Dr. Valentin Gapontsev at 82","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Valentin Gapontsev, founder, Chairman, and former CEO (until April 2021), passed away at age 82.","Gapontsev founded company's predecessor in 1990 and built vertically integrated business with over 6,000 employees worldwide.","He held over 100 patents and authored over 200 scientific papers; known as 'Father of the Fiber Laser Industry'.","CEO Dr. Eugene Scherbakov cites Gapontsev's technical innovations and strategic vision as transformative for laser industry.","Lead Independent Director John Peeler praises his vision and entrepreneurial drive over thirty years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4965478948.164831,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-10-25T23:59:59+00:00|402844"}