IPG Photonics Q2 revenue $278.6M (+11% YoY), adj. EPS $0.58 beats guidance

IPG PHOTONICS CORP

Revenue $278.6M, up 11% YoY; Industrial Solutions up 16% to $237M.
GAAP net income $5.2M ($0.12 diluted EPS); adjusted EPS $0.58, up 93% YoY.
Adjusted EBITDA $48.5M, up 54% YoY; gross margin 40.4% GAAP, 40.7% adjusted.
Q3 2026 guidance: revenue $265-295M, adj. gross margin 37.5-40.5%, adj. EPS $0.30-0.60.
Book-to-bill above 1; emerging growth products 58% of revenue; acquired Lumibird Medical.

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