---
schema_version: "secwatch.filing_event.v1"
accession: "0001111928-21-000165"
form_type: "8-K"
ticker: "IPGP"
cik: "0001111928"
company_name: "IPG PHOTONICS CORP"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T14:53:19.980202+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IPG Photonics Q3 revenue $379M (+19% YoY), EPS $1.40 (+112%); John Peeler named non-executive Chairman

## Summary
- 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.

## SEC filing metadata
- accession: 0001111928-21-000165
- form_type: 8-K
- ticker: IPGP
- cik: 0001111928
- company_name: IPG PHOTONICS CORP
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111928/000111192821000165/0001111928-21-000165-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111928/000111192821000165/ipgp-20211029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001111928-21-000165
- JSON: https://secwatch.observer/filing/0001111928-21-000165.json
- Plain text: https://secwatch.observer/filing/0001111928-21-000165.txt

## Key facts
- Executive change
  John Peeler changed role as non-executive Chairman at IPG PHOTONICS CORP.
  - Action: assumed
  - Role: non-executive Chairman
  source text: On November 2, 2021, IPG Photonics Corporation (the "Company") announced that effective October 29, 2021, John Peeler, Lead Independent Director of the Company, assumed the role of non-executive Chairman of the Board of Directors (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111928/000111192821000165/0001111928-21-000165-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.