)

IPG Photonics (IPGP) investor relations material
IPG Photonics Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2025 revenue reached $250.7M, exceeding expectations due to demand recovery in industrial, e-mobility, medical, and advanced applications.
Book-to-bill ratio was approximately one, indicating stable demand across regions.
Leadership team strengthened with five key executive appointments to support global growth and execution.
Advanced applications and directed energy systems, including counter-UAV solutions, achieved record revenue and notable customer wins.
Clean Laser acquisition contributed to growth in cleaning and micromachining applications.
Financial highlights
Q2 2025 revenue was $250.7M, down 3% year-over-year but up 10% sequentially; foreign currency added $4M.
Adjusted gross margin was 37.8%, at the top of guidance; GAAP gross margin was 37.3%.
Net income was $6.6M ($0.16 per share), down from $20.2M a year ago; adjusted EPS was $0.30.
Adjusted EBITDA was $31.5M, down 20% year-over-year.
Ended Q2 with $900M in cash and short-term investments, $15M in CapEx, and $30M in share repurchases.
Outlook and guidance
Q3 2025 revenue expected between $225M and $255M; adjusted gross margin forecasted at 36–38%.
Operating expenses projected at $89M–$91M; adjusted EPS guidance of $0.05–$0.35.
Adjusted EBITDA expected between $22M and $36M.
CapEx for 2025 expected at ~$100M, with significant improvement in operating cash flow anticipated in the second half.
Guidance assumes continued demand but highlights risks from tariffs and trade policy uncertainty.
Next IPG Photonics earnings date

Next IPG Photonics earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage