---
schema_version: "secwatch.filing_event.v1"
accession: "0001111928-22-000136"
form_type: "8-K"
ticker: "IPGP"
cik: "0001111928"
company_name: "IPG PHOTONICS CORP"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:02:07.913939+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# IPG Photonics Q3 revenue $349M (-8% YoY); EPS $1.47; Q4 guidance $300-330M revenue

## Summary
- 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.

## SEC filing metadata
- accession: 0001111928-22-000136
- form_type: 8-K
- ticker: IPGP
- cik: 0001111928
- company_name: IPG PHOTONICS CORP
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000136/0001111928-22-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000136/ipgp-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001111928-22-000136
- JSON: https://secwatch.observer/filing/0001111928-22-000136.json
- Plain text: https://secwatch.observer/filing/0001111928-22-000136.txt

## Key facts
- Earnings Releases
  IPG PHOTONICS CORP reported the quarter ended September 30, 2022 results: revenue $349.0, net income $76.3, EPS $1.47.
  - Period: the quarter ended September 30, 2022
  - Revenue: $349.0
  - Net income: $76.3
  - EPS: $1.47
  - Result: reported results
  source text: 30, 2022. Three Months Ended September 30, Nine Months Ended September 30, (In millions, except per share data and percentages) 2022 2021 Change 2022 2021 Change Revenue $ 349.0 $ 379.2 (8) % $ 1,096.0 $ 1,096.4 — % Gross margin 43.1 % 49.0 % 45.1 % 48.4 % Operating income $ 93.2 $ 102.0 (9) % $ 258.0 $ 283.1 (9) % Operating margin 26.7 % 26.9 % 23.5 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111928/000111192822000136/0001111928-22-000136-index.htm

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