IPG Photonics Q1 revenue up 17% to $265.5M; settles global patent litigation with Trumpf

IPG PHOTONICS CORP

Revenue $265.5M (+17% YoY); GAAP diluted EPS $0.04, adjusted EPS $0.29.
Industrial Solutions sales up 21% YoY; Advanced Solutions down 5%.
Q2 guidance: revenue $260-290M, adjusted EPS $0.25-0.55, adjusted EBITDA $32-48M.
Book-to-bill above one for second consecutive quarter; demand robust.
Resolved and dismissed all patent litigation with Trumpf worldwide; terms not disclosed.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IPG PHOTONICS CORP reported first quarter ended March 31, 2026 results: revenue $265.5, net income $1.6, EPS $0.04. Guidance initiated.

Period: first quarter ended March 31, 2026
Revenue: $265.5
Net income: $1.6
EPS: $0.04
Guidance: initiated
Result: reported results

Exact text from the filing

Three Months Ended March 31, (In millions, except per share data and percentages) 2026 2025 Change Revenue $ 265.5 $ 227.8 17 % Gross margin 37.5 % 39.4 % Operating income (loss) $ (7.7) $ 1.8 NM Operating margin (2.9) % 0.8 % Net income $ 1.6 $ 3.8 (58) % Earnings per diluted share $ 0.04 $ 0.09 (56) %

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Source: SEC EDGAR

accession 0001111928-26-000094

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