IPG Photonics Corporation (NASDAQ:IPGP) is one of the On May 5, 2026, IPG Photonics Corporation (NASDAQ:IPGP) shared its first-quarter 2026 results.
Revenue was $265.5 million
This was a 17% growth compared to the previous year. The company also reported Adjusted EBITDA of $35.2 million. In terms of income, it made GAAP net income of $1.6 million and earnings per diluted share of $0.04, a dip from the previous year, and adjusted EPS came in at $0.29.
Dr. Mark Gitin, who is Chief Executive Officer, said that the firm had “delivered our second consecutive quarter of double-digit year-over-year revenue growth.” Photo by Michael Dziedzic on Unsplash Industrial Solutions sales were up by 21% and made up 86% of revenue. On the other hand, Advanced Solutions did not do well, and revenue declined by 5%.