---
schema_version: "secwatch.filing_event.v1"
accession: "0001111928-24-000120"
form_type: "8-K"
ticker: "IPGP"
cik: "0001111928"
company_name: "IPG PHOTONICS CORP"
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T14:52:34.226564+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IPG Photonics Q2 revenue $258M (-24% YoY), EPS $0.45; guides Q3 rev $210-240M, EPS $0.00-0.30

## Summary
- 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.

## SEC filing metadata
- accession: 0001111928-24-000120
- form_type: 8-K
- ticker: IPGP
- cik: 0001111928
- company_name: IPG PHOTONICS CORP
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111928/000111192824000120/0001111928-24-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111928/000111192824000120/ipgp-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001111928-24-000120
- JSON: https://secwatch.observer/filing/0001111928-24-000120.json
- Plain text: https://secwatch.observer/filing/0001111928-24-000120.txt

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