IPG Photonics Q2 Earnings Beat, Shares Rise

IPG Photonics reported second-quarter 2025 earnings of $0.30 per share, surpassing analyst expectations by 200%, and revenues of $250.72 million, which beat estimates despite a 3% year-over-year decline attributed to divestitures. The company saw revenue growth in medical and advanced applications, while sales in Asia increased by 14%, offsetting decreases in materials processing. CEO Dr. Mark Gitin highlighted initiatives in profitable growth and new product launches, such as a directed energy system for counter-UAV applications. IPG shares rose nearly 3% after the report and have gained about 6.5% year-to-date, though they remain below the S&P 500’s 7.6% return. For the third quarter, IPG forecasts adjusted EPS between $0.05 and $0.35 versus a consensus of $0.18, and sales between $225 million and $255 million compared to an estimate of $238.2 million. The company's outlook depends on execution of its growth strategy and future trends in earnings estimates.