IPG Photonics (IPGP) reported second-quarter 2026 revenue of $278.6 million, up 11% from a year earlier. Net income was $5.2 million, compared with $6.6 million in the prior-year period, and diluted earnings per share were $0.12.
The company said Industrial Solutions revenue rose 16%, while Advanced Solutions revenue fell 9%. For the third quarter of 2026, IPG expects revenue of $265 million to $295 million.
- Second-quarter GAAP gross margin was 40.4%, up from 37.3% a year earlier.
- Industrial Solutions sales were $237.0 million and represented 85% of total revenue.
- Advanced Solutions sales were $41.5 million.
- Adjusted EBITDA was $48.5 million, and adjusted diluted EPS was $0.58.
- IPG generated $37.8 million in cash flow from operations and spent $20.7 million on capital expenditures during the quarter.
- Third-quarter guidance includes adjusted gross margin of 37.5% to 40.5% and adjusted diluted EPS of $0.30 to $0.60.
$IPGP Insider Trading Activity
$IPGP insiders have traded $IPGP stock on the open market 40 times in the past 6 months. Of those trades, 0 have been purchases and 40 have been sales.
Here’s a breakdown of recent trading of $IPGP stock by insiders over the last 6 months:
- FIBRE DEVICES LTD IP has made 0 purchases and 19 sales selling 129,867 shares for an estimated $15,336,211.
- GAPONTSEV TRUST I VALENTIN has made 0 purchases and 4 sales selling 56,316 shares for an estimated $5,761,474.
- TIMOTHY PV MAMMEN (SVP, Chief Financial Officer) has made 0 purchases and 2 sales selling 9,975 shares for an estimated $1,195,098.
- EUGENE A SCHERBAKOV has made 0 purchases and 9 sales selling 4,224 shares for an estimated $526,898.
- JEANMARIE F. DESMOND sold 1,690 shares for an estimated $178,430
- TANG AGNES has made 0 purchases and 3 sales selling 1,511 shares for an estimated $178,077.
- ANGELO P LOPRESTI (SVP, Secretary & Gen Counsel) sold 1,000 shares for an estimated $110,330
- MARY E. BUTTARAZZI (VP, Corp Controller and CAO) sold 500 shares for an estimated $58,110
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$IPGP Hedge Fund Activity
We have seen 174 institutional investors add shares of $IPGP stock to their portfolio, and 124 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALLIANCEBERNSTEIN L.P. removed 1,334,097 shares (-97.8%) from their portfolio in Q1 2026, for an estimated $152,874,175
- WESTWOOD HOLDINGS GROUP INC added 779,528 shares (+inf%) to their portfolio in Q1 2026, for an estimated $89,326,113
- FULLER & THALER ASSET MANAGEMENT, INC. added 457,322 shares (+483.1%) to their portfolio in Q1 2026, for an estimated $52,404,527
- AQR CAPITAL MANAGEMENT LLC removed 268,673 shares (-38.5%) from their portfolio in Q1 2026, for an estimated $30,787,239
- BLACKROCK, INC. added 255,650 shares (+10.4%) to their portfolio in Q1 2026, for an estimated $29,294,933
- SEI INVESTMENTS CO added 157,392 shares (+445.9%) to their portfolio in Q1 2026, for an estimated $18,035,549
- MORGAN STANLEY removed 152,560 shares (-20.5%) from their portfolio in Q1 2026, for an estimated $17,481,850
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
