IPG Photonics Q1 revenue falls 10% to $228 million; Q2 EPS guidance spans loss
IPG Photonics reported first-quarter 2025 revenue of $227.8 million, down 10% from a year earlier, and GAAP net income of $3.8 million, or $0.09 per diluted share, versus $24.1 million, or $0.52, in the prior-year quarter. For the second quarter, the company guided to revenue of $210 million to $240 million and adjusted earnings per diluted share of -$0.05 to $0.25, and said tariffs could delay about $15 million of shipments.
Key points
- Q1 2025 revenue $227.8 million, down 10% year over year; materials processing sales fell 14%
- Q1 GAAP net income $3.8 million ($0.09 per diluted share) vs. $24.1 million ($0.52) a year earlier
- Q1 adjusted EPS $0.31 vs. $0.50; adjusted EBITDA $32.7 million vs. $40.3 million
- Q2 2025 guidance: revenue $210 million to $240 million; adjusted EBITDA $16 million to $31 million
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.