IPG Photonics Announces Third Quarter 2026 Financial Results
Globe Newswire•03/11/2026•08:00 ET
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Key Highlights
- ➤Q3 revenue $287.5 million, up 15% year over year
- ➤Advanced Solutions sales $48.0 million, up 33% year over year
- ➤Adjusted EPS $0.61, up 74% year over year
- ➤Q4 revenue guidance $265 million to $295 million
- ➤Lumibird Medical acquisition expected to close in Q4, without guidance contribution
Expert Statements
Dr. Mark Gitin, Chief Executive Officer of IPG Photonics
“We delivered our fourth consecutive quarter of double-digit year-over-year revenue growth, with revenue above the midpoint of our guidance.”
Dr. Mark Gitin, Chief Executive Officer of IPG Photonics
“Our performance reflects the strength of our technology, disciplined execution, and continued progress in expanding our presence in attractive, higher-growth markets.”
Dr. Mark Gitin, Chief Executive Officer of IPG Photonics
“Strong demand for our differentiated welding and additive manufacturing solutions drove growth in Industrial Solutions while disciplined execution of our key strategic initiatives across defense and semiconductor markets led to strong growth in Advanced Solutions.”
Dr. Mark Gitin, Chief Executive Officer of IPG Photonics
“Additionally, I anticipate that our acquisition of Lumibird Medical, which is expected to close in the fourth quarter, will further strengthen our reach, accelerate growth across medical markets, and increase revenue in Advanced Solutions.”
Dr. Mark Gitin, Chief Executive Officer of IPG Photonics
“Our third quarter book-to-bill was approximately one as we continued to see improved industrial demand and executed on our strategic growth initiatives, driving adoption for our differentiated laser and photonics solutions that deliver measurable value to customers.”
Dr. Mark Gitin, Chief Executive Officer of IPG Photonics
“As we move forward, we remain focused on driving profitable growth through innovation, technology differentiation, and operational excellence across our portfolio.”
Double-Digit Revenue Growth Driven by Strategic Initiatives Across Industrial and Advanced Solutions
MARLBOROUGH, Mass., Nov. 03, 2026 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the third quarter ended September 30, 2026.
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