Q1 2026 IPG Photonics Corp Earnings Call Transcript

May 05, 2026 / 02:00PM GMT

Release Date Price: $90.84 (-25.74%)

Transcript 10-Q8-K

Operator

Good morning, and welcome to IPG Photonics' first-quarter 2026 conference call. Today's call is being recorded and webcast. At this time, I'd like to turn the call over to Eugene Fedotoff, IPG's Senior Director, Investor Relations for introductions. Please go ahead with your conference.

Eugene Fedotoff

IPG Photonics Corp - Senior Director, Investor Relations

Thank you, and good morning, everyone. With me today is IPG Photonics CEO, Dr. Mark Gitin, and Senior Vice President and CFO, Tim Mammen. On today's call, Mark will provide a summary of our first-quarter results as well as the overall demand environment and then walk you through the progress we are making on our long-term strategy. After that, he will turn it over to Tim to provide financial details.

Let me remind you that statements made during this call that discuss our expectations or predictions of the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause the company's actual results to differ materially from those

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