IPG Photonics Reports Third-Quarter 2026 Revenue of $287.5 Million
Revenue rose 15% year over year and exceeded FactSet estimates of $283.3 million. Adjusted EPS was $0.61 versus consensus of $0.49. IPG guided to fourth-quarter revenue of $265 million to $295 million and adjusted EPS of $0.30 to $0.60, excluding any potential contribution from the Lumibird Medical acquisition.
IPG Photonics Corporation reported third-quarter 2026 revenue of $287.5 million, representing a 15% increase year-over-year and exceeding FactSet analyst estimates of $283.3 million. The company achieved an adjusted earnings per diluted share of $0.61, which also surpassed the consensus estimate of $0.49. Management attributed the performance to strong demand in welding and additive manufacturing markets, disciplined execution, and continued progress in higher-growth sectors. For the fourth quarter of 2026, the company provided guidance expecting revenue in the range of $265 million to $295 million and adjusted earnings per diluted share between $0.30 and $0.60.
This guidance excludes any potential contribution from the acquisition of Lumibird Medical.