---
schema_version: "secwatch.filing_event.v1"
accession: "0001111928-22-000105"
form_type: "8-K"
ticker: "IPGP"
cik: "0001111928"
company_name: "IPG PHOTONICS CORP"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:40:50.324266+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IPG Photonics Q2: revenue $377M (+1%), EPS $1.10 (-15%); new $300M buyback

## Summary
- 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.

## SEC filing metadata
- accession: 0001111928-22-000105
- form_type: 8-K
- ticker: IPGP
- cik: 0001111928
- company_name: IPG PHOTONICS CORP
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000105/0001111928-22-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000105/ipgp-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001111928-22-000105
- JSON: https://secwatch.observer/filing/0001111928-22-000105.json
- Plain text: https://secwatch.observer/filing/0001111928-22-000105.txt

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