---
schema_version: "secwatch.filing_event.v1"
accession: "0001111928-25-000003"
form_type: "8-K"
ticker: "IPGP"
cik: "0001111928"
company_name: "IPG PHOTONICS CORP"
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:13:52.800402+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IPG Photonics Q4 revenue down 22% to $234M; EPS $0.18 (-80%); CAO change; weak Q1 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001111928-25-000003
- form_type: 8-K
- ticker: IPGP
- cik: 0001111928
- company_name: IPG PHOTONICS CORP
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111928/000111192825000003/0001111928-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111928/000111192825000003/ipgp-20250211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001111928-25-000003
- JSON: https://secwatch.observer/filing/0001111928-25-000003.json
- Plain text: https://secwatch.observer/filing/0001111928-25-000003.txt

## Key facts
- Executive change
  Mary E. Buttarazzi was appointed as Vice President, Corporate Controller and Chief Accounting Officer at IPG PHOTONICS CORP.
  - Action: appointed
  - Role: Vice President, Corporate Controller and Chief Accounting Officer
  source text: On February 7, 2025, the Board of Directors (the " Board ") of the Company appointed the Company's Vice President, Finance, Mary E. Buttarazzi, to assume the role of the Company's Vice President, Corporate Controller and Chief Accounting Officer (including its Principal Accounting Officer) effective upon Mr. Burgomaster’s retirement on March 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111928/000111192825000003/0001111928-25-000003-index.htm
- Executive change
  Thomas J. Burgomaster retired as Vice President, Corporate Controller and Chief Accounting Officer at IPG PHOTONICS CORP.
  - Action: retired
  - Role: Vice President, Corporate Controller and Chief Accounting Officer
  source text: On February 7, 2025, Thomas J. Burgomaster, Vice President, Corporate Controller and Chief Accounting Officer (including its Principal Accounting Officer) of the Company, informed the Company of his intention to retire from his position with the Company effective March 1, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111928/000111192825000003/0001111928-25-000003-index.htm

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