{"filings":[{"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}],"next_cursor":null}