IPG Photonics Q4 revenue rises 17% to $274.5 million; diluted EPS $0.31 vs $0.18
IPG Photonics reported fourth-quarter 2025 revenue of $274.5 million, up 17% from a year earlier, and GAAP diluted EPS of $0.31, up from $0.18. Gross margin fell to 36.1% from 38.6% because of higher product costs and tariffs, and operating income dropped 76% to $3.3 million. The board authorized a new $100 million share repurchase program, and the company guided first-quarter 2026 revenue to $235 million to $265 million.
Key points
- Q4 2025 revenue $274.5 million, up 17% year over year; GAAP diluted EPS $0.31 vs $0.18; adjusted EPS $0.46 vs $0.30
- GAAP gross margin 36.1% vs 38.6%, reflecting higher product cost and tariffs; operating income $3.3 million vs $14.0 million
- New share repurchase program authorized for up to $100 million of common stock
- Q1 2026 guidance: revenue $235 million to $265 million; adjusted EPS $0.10 to $0.40; adjusted EBITDA $25 million to $40 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 February 12, 2026.
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.