Source-grounded facts extracted from IPG PHOTONICS CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
IPG PHOTONICS CORP reported first quarter ended March 31, 2026 results: revenue $265.5, net income $1.6, EPS $0.04. Guidance initiated.
“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) %”
IPG PHOTONICS CORP incurred revolving credit of $200 million with Bank of America, N.A. at Term SOFR plus an applicable rate that varies based on the Company's Consolidate maturing June 24, 2030.
“expenditures and other general corporate purposes. Loans under the Credit Agreement may be prepaid at any time without premium or penalty. The Credit Agreement provides for a $200 million unsecured, revolving credit facility (of which $25 million may be used for issuances of letters of credit) and is scheduled to mature on June 24, 2030. Provided there is no”
Michael C. Child departed as Director at IPG PHOTONICS CORP.
“Mr. Michael C. Child, a member of the of the Board of Directors of IPG Photonics Corporation (the " Company "), informed the Company on March 6, 2025 that he will not stand for re-election at the 2025 annual meeting of stockholders.”
Mary E. Buttarazzi was appointed as Vice President, Corporate Controller and Chief Accounting Officer at IPG PHOTONICS CORP.
“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.”
Thomas J. Burgomaster retired as Vice President, Corporate Controller and Chief Accounting Officer at IPG PHOTONICS CORP.
“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.”
Alexander Ovtchinnikov departed as other_named_officer at IPG PHOTONICS CORP.
“Dr. Eugene Scherbakov and Dr. Alexander Ovtchinnikov, previously disclosed as named executive officers of the Company, will not participate in the Revised AIP as a result of no longer being executive officers of the Company.”
Eugene Scherbakov departed as other_named_officer at IPG PHOTONICS CORP.
“Dr. Eugene Scherbakov and Dr. Alexander Ovtchinnikov, previously disclosed as named executive officers of the Company, will not participate in the Revised AIP as a result of no longer being executive officers of the Company.”
Alexander Ovtchinnikov retired as Senior Vice President, Chief Technology Officer at IPG PHOTONICS CORP.
“On August 15, 2024, Alexander Ovtchinnikov, Ph.D., Senior Vice President, Chief Technology Officer of IPG Photonics Corporation (the “Company”), informed the Company of his intention to retire from employment with the Company effective September 15, 2024”
IPG PHOTONICS CORP reported the first quarter ended March 31, 2024 results: revenue $252.0, net income $24.1, EPS $0.52. Guidance reaffirmed.
“financial results for the first quarter ended March 31, 2024. Three Months Ended March 31, (In millions, except per share data and percentages) 2024 2023 Change Revenue $ 252.0 $ 347.2 (27) % Gross margin 38.7 % 42.3 % Operating income $ 19.1 $ 75.4 (75) % Operating margin 7.6 % 21.7 % Net income attributable to IPG Photonics Corporation $ 24.1 $ 60.1”
Mark Gitin was appointed as Director at IPG PHOTONICS CORP.
“The Board has also determined to increase the size of the Board to eleven directors and to appoint Dr. Gitin as a director to fill such vacancy, subject to Dr. Gitin commencing employment with the Company and effective as of the Start Date.”
Eugene Scherbakov changed role as Chief Executive Officer at IPG PHOTONICS CORP.
“Dr. Eugene Scherbakov will transition from his role as the Company’s Chief Executive Officer, effective as of June 5, 2024”
Mark Gitin was appointed as Chief Executive Officer at IPG PHOTONICS CORP.
“the Board of Directors (the “Board”) of IPG Photonics Corporation (the “Company”) appointed Dr. Mark Gitin as Chief Executive Officer of the Company, effective June 5, 2024”
IPG PHOTONICS CORP reported the fourth quarter ended December 31, 2023 results: revenue $298.9, net income $41.4, EPS $0.89.
“31, 2023. Three Months Ended December 31, Twelve Months Ended December 31, (In millions, except per share data and percentages) 2023 2022 Change 2023 2022 Change Revenue $ 298.9 $ 333.5 (10) % $ 1,287.4 $ 1,429.5 (10) % Gross margin 38.2 % 18.2 % 42.1 % 38.9 % Operating income (loss) $ 28.8 $ (88.5) NM $ 232.0 $ 169.5 37 % Operating margin 9.6 % (26.5) %”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.