IPG Photonics Corporation (IPGP)

IPG Photonics’ earnings missed expectations on EPS while revenue was essentially in line in the second fiscal quarter of 2026, reported August 4, 2026. Revenue rose 11.1% to roughly $278.6 million, up from $250.7 million a year ago, and came in in line at $278.6 million versus the $280.0 million estimate (-0.5%). On the bottom line, EPS of $0.12 trailed the $0.37 estimate (-67%) and was down from $0.16 a year ago, while net income fell 20.6% to about $5.2 million versus $6.6 million a year ago. Profitability in the quarter included gross profit of about $112.5 million with gross margin at 40.4%, while operating income was roughly $4.5 million and operating margin stood at 1.6%. The company generated operating cash flow of around $37.8 million. Next-period consensus calls for EPS of $0.49 on revenue of $283.1 million.