IPG Photonics beat earnings estimates in Q3 2025, driven by demand in EVs, welding, and 3D printing, and raised its full-year outlook.

IPG Photonics reported third-quarter 2025 earnings of $0.35 per share, surpassing estimates, on $250.8 million in revenue, a 7.6% year-over-year increase. Strong demand in electric vehicle battery production, industrial welding, and additive manufacturing drove growth, supported by new laser technologies and the cleanLASER acquisition. Regional sales rose in Asia and North America, while Europe declined. Adjusted EBITDA and operating income improved significantly, though inventory levels increased. The company raised its full-year outlook, projecting fourth-quarter earnings between 5 and 35 cents per share, slightly above expectations, with revenue forecast at $230–260 million. Despite solid results, the stock remained flat post-earnings amid mixed investor sentiment.