IPG Photonics Corp
IPGP
ISIN null / Valor 1196227
IPG Photonics Corp
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About company
IPG Photonics Corp, founded in 1991 by physicist Valentin P. Gapontsev, Ph.D., is a leading developer and manufacturer of high-performance fiber lasers and amplifiers for various applications in multiple markets. Originally focusing on customized glass and crystal lasers, wireless temperature meters, and laser components, the company shifted its focus to high-power fiber lasers and amplifiers in the early 1990s. With a global presence, IPG's diverse lines of low, medium, and high-power lasers and amplifiers are utilized in materials processing, communications, entertainment, medical, biotechnology, scientific, and advanced applications, displacing traditional technologies. The company, which went public in 2006 and is listed on the NASDAQ Global Select Market, invests in high-capacity production facilities to manufacture its own laser diode pumps, ensuring quality and reliability in its products.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (05.10.2025):
IPG Photonics Corp reported its second quarter of 2025 financial results, demonstrating a 3% year-over-year decline in revenue to $250.7 million due to divestitures. However, excluding these divestitures, the company achieved its first year-over-year revenue increase since 2022, driven by growth in medical and advanced applications. Despite the revenue challenges, IPG Photonics remains optimistic about continued demand and strategic growth initiatives.
Revenue Performance
In the second quarter of 2025, IPG Photonics Corp reported total revenue of $250.7 million, a 3% decrease compared to the same period in 2024. Excluding the impact of divestitures, revenue saw an increase year-over-year, reflecting growth in the medical and advanced applications sectors. Materials processing sales, which account for 85% of total revenue, declined by 6% due to divestitures and lower sales in cutting, welding, and additive manufacturing applications.
Profitability Metrics
The company's gross margin remained steady at 37.3% in the second quarter of 2025, matching the previous year's performance. However, operating income plummeted by 99% to $0.1 million, and net income fell by 67% to $6.6 million. Adjusted EBITDA decreased by 20% to $31.5 million, and adjusted earnings per diluted share were $0.30, representing a 42% decline year-over-year.
Strategic Initiatives and Demand Recovery
IPG Photonics Corp highlighted progress on its strategy to drive profitable growth, with significant advances in medical applications and the launch of a directed energy system for counter-UAV applications. The company also emphasized the strengthening of its leadership team and continued investments in growth opportunities, which are expected to unlock significant value for customers.
Business Outlook
Looking ahead to the third quarter of 2025, IPG Photonics Corp anticipates revenue in the range of $225 million to $255 million. The company expects adjusted gross margins between 36% and 38%, with operating expenses projected between $89 million and $91 million. Adjusted earnings per diluted share are forecasted to range from $0.05 to $0.35, and adjusted EBITDA is expected to be between $22 million and $36 million, despite ongoing uncertainties related to tariffs and the global economic environment.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3165 M
Market cap (USD)
296,349
Daily traded volume (Shares)
72.83 / 71.19
1 day high/low (USD)
52 weeks high/low (USD)
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