ROCK HILL, S.C., Aug. 03, 2026 (GLOBE NEWSWIRE) — 3D Systems Co po atio (NYSE:DDD) a ou ced today its fi a cial esults fo the seco d qua te e ded Ju e 30, 2026.
- Q2 2026 eve ue of $94.6 millio , dow 0.3% yea -ove -yea , but up 1.4% excludi g divestitu es, d ive by co ti ued accele atio of ew p i te sales, with double-digit g owth i both metal a d polyme ha dwa e p i te systems.
- Net loss was $(12.9) millio fo the qua te , while Adjusted EBITDA imp oved to a loss of $(0.8) millio , eflecti g be efits f om p evious cost eductio i itiatives. Fo the fi st half of 2026, the Compa y epo ted a et loss of $(17.3) millio a d positive Adjusted EBITDA of $1.3 millio .
- Healthca e co ti ued as the Compa y’s la gest segme t i the qua te , with eve ue i c easi g 6.8% yea -ove -yea , suppo ted by ove 20% g owth i Med Tech a d 3% g owth i De tal.
- I dust ial eve ue decli ed 6.7% yea -ove yea , o 3.7% excludi g divestitu es, while i c easi g 2.4% seque tially, d ive by highe p oduct sales a d ove 20% g owth i Ae ospace & Defe se, ou la gest I dust ial ma ket, a d Data Ce te I f ast uctu e.
- We emai focused o ou fou p io ity ma kets which all delive ed mo e tha 20% g owth i the fi st half of 2026: Med Tech, De tal, Ae ospace & Defe se, a d Data Ce te I f ast uctu e.
| Reve ue | $ | 94.6 | $ | 94.8 | $ | 190.1 | $ | 189.4 | G oss p ofit | 34.5 | 36.2 | 68.8 | 68.8 | G oss p ofit ma gi | 36.4 | % | 38.1 | % | 36.2 | % | 36.4 | % | Ope ati g expe se | 45.1 | 51.5 | 86.1 | 121.0 | Ope ati g loss | (10.6 | ) | (15.4 | ) | (17.3 | ) | (52.1 | ) | Net (loss) i come att ibutable to 3D Systems Co po atio | (12.9 | ) | 104.4 | (17.3 | ) | 67.5 | Diluted (loss) i come pe sha e | (0.09 | ) | 0.57 | (0.12 | ) | 0.37 | No -GAAP measu es, excludi g divestitu es fo yea -ove -yea compa iso s | No -GAAP eve ue | 94.6 | 93.3 | 190.1 | 179.3 | No -GAAP g oss p ofit ma gi | 36.7 | % | 38.2 | % | 36.4 | % | 34.3 | % | No -GAAP ope ati g expe se | 39.5 | 44.6 | 76.1 | 101.2 | Adjusted EBITDA | (0.8 | ) | (4.7 | ) | 1.3 | (30.8 | ) | No -GAAP diluted loss pe sha e | $ | (0.04 | ) | $ | (0.06 | ) | $ | (0.05 | ) | $ | (0.23 | ) |
D . Jeff ey G aves, P eside t a d Chief Executive Office of 3D Systems, said, “We a e pleased with ou seco d-qua te a d fi st-half pe fo ma ce o both the top a d bottom li e. Reve ue g owth was d ive by st e gth i ou fou key ma kets: Med Tech a d De tal i Healthca e, a d Ae ospace & Defe se a d Data Ce te I f ast uctu e i I dust ial. Data Ce te I f ast uctu e is a eme gi g focus a ea fo us a d i cludes applicatio s i chip ma ufactu i g equipme t a d high-pe fo ma ce computi g. Custome s i these ma kets co ti ue to adopt 3D p i ti g as a co e ma ufactu i g tech ology a d a e expa di g the a ge of applicatio s they deploy. This pe fo ma ce highlights the ma ket-leadi g b eadth of ou additive ma ufactu i g po tfolio, spa i g di ect metal p i ti g a d all five majo polyme tech ologies, combi ed with ou deep expe tise i adva ced applicatio s. Of pa ticula ote is the g owi g impact of metal 3D p i ti g, whe e desig flexibility combi ed with cost-effective p oductio is e abli g highe -pe fo ma ce compo e ts a d systems.”
D . G aves co cluded, “As the additive ma ufactu i g i dust y co ti ues to eme ge f om a multi-yea dow tu , ou sustai ed i vestme ts i esea ch a d developme t a e ow e abli g us to i t oduce a b oad po tfolio of ew p oducts that a e gai i g i c easi g custome t actio . While the global eco omic e vi o me t emai s u ce tai , we a e optimistic that, as capital i vestme t activity st e gthe s, we a e well positio ed to be efit f om the esulti g expa sio i global ma ufactu i g capacity.”
“Adjusti g fo divestitu es completed i 2025, total eve ue i c eased 1.4% yea ove yea a d 6% fo the fi st half of 2026, demo st ati g co ti ued co e eve ue g owth i the yea ” said Phyllis No dst om, Chief Fi a cial Office of 3D Systems. “St o g g owth i ou key ma kets alo g with accele ated g owth i ew p i te lau ches co t ibuted to ou success i the qua te . We co ti ue to focus o ef eshi g ou i stalled base as well as expa di g ou pa ts ma ufactu i g capabilities to d ive g eate ma gi expa sio a d p ofitability as we look ahead.”
Total eve ue dec eased 0.3% to $94.6 millio compa ed to the p io yea pe iod. Adjusti g fo softwa e divestitu es completed i 2025, i cludi g Geomagic, 3DXpe t a d Oqto , total eve ue i c eased by 1.4%.
Healthca e Solutio s eve ue i c eased app oximately 6.8% to $48.1 millio compa ed to the p io yea pe iod. Reve ue g owth was p ima ily d ive by highe sales of ew p i te systems i Med Tech a d co ti ued g owth i Pe so alized Healthca e Se vices.
I dust ial Solutio s eve ue dec eased app oximately 6.7% to $46.5 millio compa ed to the p io yea pe iod. Adjusti g fo divestitu es, I dust ial Solutio s eve ue dec eased 3.7% yea ove yea . The decli e was p ima ily d ive by the abse ce of eve ue f om a o -co e p oduct offe i g exited i the p io yea a d lowe ha dwa e se vices eve ue.
G oss p ofit ma gi dec eased to 36.4% compa ed to 38.1% i the p io yea pe iod. No -GAAP g oss p ofit ma gi dec eased to 36.7% compa ed to 39.2% i the p io yea pe iod. Adjusti g fo softwa e divestitu es, o -GAAP g oss p ofit ma gi dec eased by 150 basis poi ts. G oss p ofit was impacted by p oduct mix, eflecti g highe p i te sales a d select p ici g impacts, pa tially offset by app oximately $2.6 millio of ta iff efu ds ecove ed i the qua te .
Net i come att ibutable to 3D Systems Co po atio dec eased by $117.3 millio to a loss of $(12.9) millio compa ed to the p io yea pe iod. The dec ease was p ima ily elated to the gai o the sale of Geomagic a d the gai o debt exti guishme t eco ded i the p io -yea pe iod, pa tially offset by imp oved ope ati g ma gi s a d a lowe i come tax p ovisio i the cu e t pe iod.
Adjusted EBITDA imp oved by $4.6 millio , to $(0.8) millio compa ed to the p io yea pe iod, d ive p ima ily by the impact of p io cost eductio i itiatives a d the impact of ta iff efu ds ecove ed i the qua te . Adjusti g fo softwa e divestitu es, Adjusted EBITDA imp oved $3.9 millio .
Du i g the seco d qua te 2026, the Compa y issued 18.9 millio sha es of commo stock, pa value $0.001 pe sha e, fo $53.2 millio i cash, et of offe i g costs. At Ju e 30, 2026, the Compa y had total cash of $129.0 millio , which i cluded cash a d cash equivale ts of $128.0 millio a d est icted cash of $1.0 millio . A total of $3.9 millio i p i cipal amou t of debt is scheduled to matu e i the fou th qua te of 2026, with the emai i g $92.0 millio p i cipal matu i g i 2030.
| $96 – $99 millio | ($3) millio – ($1) millio |
3D Systems does ot p ovide fo wa d-looki g guida ce fo ce tai measu es o a GAAP basis. The Compa y is u able to p ovide a qua titative eco ciliatio of fo wa d-looki g Adjusted EBITDA to the most di ectly compa able fo wa d-looki g GAAP measu es without u easo able effo t because ce tai items, i cludi g litigatio expe ses, acquisitio expe ses, stock-based compe satio expe se, i ta gible amo tizatio expe se, est uctu i g expe ses, a d goodwill impai me t, a e difficult to p edict a d estimate. These items a e i he e tly u ce tai a d depe d o va ious facto s, ma y of which a e beyo d the Compa y’s co t ol, a d as such, a y associated estimate a d its impact o GAAP pe fo ma ce could va y mate ially.
The Compa y will host a co fe e ce call a d simulta eous webcast to discuss these esults o August 4, 2026, which may be accessed as follows:
Date: Tuesday, August 4, 2026Time: 8:30 a.m. Easte TimeListe via webcast: www.3dsystems.com/i vesto Pa ticipate via telepho e: 877-407-8291 o 201-689-8345
A eplay of the webcast will be available app oximately two hou s afte the live p ese tatio at www.3dsystems.com/i vesto .
Ce tai stateme ts made i this elease that a e ot stateme ts of histo ical o cu e t facts a e fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995 i cludi g stateme ts ega di g the timi g of p oduct lau ches, egulato y app ovals, ma ket oppo tu ities, expected eve ue impact, a d sha eholde value. Fo wa d-looki g stateme ts i volve k ow a d u k ow isks, u ce tai ties a d othe facto s that may cause the actual esults, pe fo ma ce o achieveme ts of the Compa y to be mate ially diffe e t f om histo ical esults o f om a y futu e esults o p ojectio s exp essed o implied by such fo wa d-looki g stateme ts. I ma y cases, fo wa d-looki g stateme ts ca be ide tified by te ms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “i te ds,” “a ticipates” o “pla s” o the egative of these te ms o othe compa able te mi ology. Fo wa d-looki g stateme ts a e based upo ma ageme t’s beliefs, assumptio s, a d cu e t expectatio s a d may i clude comme ts as to the Compa y’s beliefs a d expectatio s as to futu e eve ts a d t e ds affecti g its busi ess a d a e ecessa ily subject to u ce tai ties, ma y of which a e outside the co t ol of the Compa y. The facto s desc ibed u de the headi gs “Fo wa d-Looki g Stateme ts” a d “Risk Facto s” i the Compa y’s pe iodic fili gs with the Secu ities a d Excha ge Commissio , as well as othe facto s, could cause actual esults to diffe mate ially f om those eflected o p edicted i fo wa d-looki g stateme ts. Although ma ageme t believes that the expectatio s eflected i the fo wa d-looki g stateme ts a e easo able, fo wa d-looki g stateme ts a e ot, a d should ot be elied upo as a gua a tee of futu e pe fo ma ce o esults, o will they ecessa ily p ove to be accu ate i dicatio s of the times at which such pe fo ma ce o esults will be achieved. The fo wa d-looki g stateme ts i cluded a e made o ly as of the date of the stateme t. 3D Systems u de takes o obligatio to update o eview a y fo wa d-looki g stateme ts made by ma ageme t o o its behalf, whethe as a esult of futu e developme ts, subseque t eve ts o ci cumsta ces o othe wise.
Nea ly 40 yea s ago, Chuck Hull’s cu iosity a d desi e to imp ove the way p oducts we e desig ed a d ma ufactu ed gave bi th to 3D p i ti g, 3D Systems, a d the additive ma ufactu i g i dust y. Si ce the , that same spa k co ti ues to ig ite the 3D Systems team as we wo k side-by-side with ou custome s to cha ge the way i dust ies i ovate. As a full-se vice solutio s pa t e , we delive i dust y-leadi g 3D p i ti g tech ologies, mate ials a d softwa e to high-value ma kets such as medical a d de tal; ae ospace, space a d defe se; t a spo tatio a d moto spo ts; AI i f ast uctu e; a d du able goods. Each applicatio -specific solutio is powe ed by the expe tise a d passio of ou employees who e deavo to achieve ou sha ed goal of T a sfo mi g Ma ufactu i g fo a Bette Futu e. Mo e i fo matio o the Compa y is available at www.3dsystems.com.
| Cash a d cash equivale ts | $ | 127,951 | $ | 95,635 | Accou ts eceivable, et of ese ves — $5,719 a d $3,608 | 80,174 | 83,806 | I ve to ies | 121,847 | 127,496 | P epaid expe ses a d othe cu e t assets | 35,639 | 39,770 | Total cu e t assets | 365,611 | 346,707 | P ope ty a d equipme t, et | 49,697 | 49,249 | I ta gible assets, et | 15,646 | 16,614 | Goodwill | 15,404 | 15,575 | Ope ati g lease ight-of-use assets | 41,170 | 45,364 | Fi a ce lease ight-of-use assets | 7,160 | 7,774 | Lo g-te m defe ed i come tax assets | 2,443 | 2,787 | Othe assets | 38,113 | 37,658 | $ | 535,244 | $ | 521,728 | Cu e t po tio of lo g-te m debt, et of defe ed fi a ci g costs | $ | 3,944 | $ | 3,944 | Cu e t ope ati g lease liabilities | 9,266 | 11,583 | Accou ts payable | 32,425 | 41,017 | Acc ued a d othe liabilities | 39,781 | 46,656 | Custome deposits a d defe ed eve ue | 22,182 | 17,423 | Total cu e t liabilities | 107,598 | 120,623 | Lo g-te m debt, et of defe ed fi a ci g costs | 87,240 | 86,394 | Lo g-te m ope ati g lease liabilities | 41,238 | 45,420 | Lo g-te m defe ed i come tax liabilities | 2,818 | 2,740 | Othe liabilities | 22,787 | 24,000 | 261,681 | 279,177 | Commitme ts a d co ti ge cies | Redeemable o -co t olli g i te est | — | 2,193 | Stockholde s’ equity: | P efe ed stock, 5,000 sha es autho ized; $0.001 pa value; o sha es issued a d outsta di g as of Ju e 30, 2026 a d Decembe 31, 2025 | — | — | Commo stock, $0.001 pa value, autho ized 220,000 sha es; sha es issued 166,149 a d 145,581 as of Ju e 30, 2026 a d Decembe 31, 2025, espectively | 166 | 146 | Additio al paid-i capital | 1,677,775 | 1,620,399 | Accumulated deficit | (1,349,645 | ) | (1,332,360 | ) | Accumulated othe comp ehe sive loss | (54,733 | ) | (47,827 | ) | 273,563 | 240,358 | $ | 535,244 | $ | 521,728 |
| P oducts | $ | 54,842 | $ | 53,801 | $ | 112,610 | $ | 108,524 | Se vices | 39,737 | 41,037 | 77,507 | 80,854 | Total eve ue | 94,579 | 94,838 | 190,117 | 189,378 | P oducts | 35,845 | 32,274 | 71,932 | 69,639 | Se vices | 24,272 | 26,414 | 49,380 | 50,900 | Total cost of sales | 60,117 | 58,688 | 121,312 | 120,539 | 34,462 | 36,150 | 68,805 | 68,839 | Ope ati g expe ses: | Selli g, ge e al a d admi ist ative | 35,135 | 34,139 | 66,483 | 83,908 | Resea ch a d developme t | 9,972 | 17,361 | 19,607 | 37,044 | Total ope ati g expe ses | 45,107 | 51,500 | 86,090 | 120,952 | (10,645 | ) | (15,350 | ) | (17,285 | ) | (52,113 | ) | No -ope ati g (loss) i come: | Fo eig excha ge gai (loss), et | 1,464 | (1,591 | ) | 4,102 | (452 | ) | I te est i come | 575 | 1,717 | 1,159 | 2,670 | I te est expe se | (2,155 | ) | (697 | ) | (4,319 | ) | (1,278 | ) | Gai o dispositio | — | 125,681 | — | 125,681 | Othe (loss) i come, et | (839 | ) | 7,020 | 2,689 | 6,860 | Total o -ope ati g (loss) i come | (955 | ) | 132,130 | 3,631 | 133,481 | (11,600 | ) | 116,780 | (13,654 | ) | 81,368 | P ovisio fo i come taxes | (354 | ) | (11,018 | ) | (1,837 | ) | (11,689 | ) | Loss o equity method i vestme ts, et of i come taxes | (907 | ) | (1,326 | ) | (1,953 | ) | (2,229 | ) | (12,861 | ) | 104,436 | (17,444 | ) | 67,450 | Less: et loss att ibutable to edeemable o -co t olli g i te est | — | — | (159 | ) | — | $ | (12,861 | ) | $ | 104,436 | $ | (17,285 | ) | $ | 67,450 | Basic | $ | (0.09 | ) | $ | 0.79 | $ | (0.12 | ) | $ | 0.51 | Diluted | $ | (0.09 | ) | $ | 0.57 | $ | (0.12 | ) | $ | 0.37 | Basic | 148,968 | 132,280 | 146,130 | 132,370 | Diluted | 148,968 | 182,716 | 146,130 | 183,237 |
| Net (loss) i come befo e edeemable o -co t olli g i te est | $ | (17,444 | ) | $ | 67,450 | Adjustme ts to eco cile et (loss) i come to et cash used i ope ati g activities: | Dep eciatio a d amo tizatio | 10,186 | 10,907 | Amo tizatio of debt issua ce costs | 1,023 | 652 | Stock-based compe satio | 4,615 | 607 | No -cash ope ati g lease expe se | 6,105 | 2,371 | P ovisio fo i ve to y obsolesce ce | 4,453 | 2,130 | P ovisio fo bad debts | 2,348 | 1,622 | Gai o the dispositio of busi esses, p ope ty, equipme t a d othe assets | (95 | ) | (125,825 | ) | Gai o debt exti guishme t | — | (8,203 | ) | P ovisio fo defe ed i come taxes a d ese ve adjustme ts | 714 | (3,124 | ) | Gai o disposal of i vestme t | (2,576 | ) | — | Loss o equity method i vestme t, et of taxes | 1,953 | 2,229 | Cha ges i ope ati g accou ts: | Accou ts eceivable | (2,966 | ) | 9,394 | I ve to ies | (2,588 | ) | (11,137 | ) | P epaid expe ses a d othe cu e t assets | 3,161 | (6,362 | ) | Accou ts payable | (8,761 | ) | (8,142 | ) | Defe ed eve ue a d custome deposits | 8,285 | 7,094 | Acc ued a d othe liabilities | (9,521 | ) | 5,009 | All othe ope ati g activities | (12,998 | ) | (6,302 | ) | (14,106 | ) | (59,630 | ) | Pu chases of p ope ty a d equipme t | (5,890 | ) | (5,743 | ) | P oceeds f om sale of assets a d busi esses, et of cash sold | 100 | 119,400 | Acquisitio s a d othe i vestme ts, et of cash acqui ed | — | (900 | ) | Othe i vesti g activities | (80 | ) | 174 | (5,870 | ) | 112,931 | P oceeds f om equity offe i g | 53,825 | — | Equity issua ce costs | (127 | ) | — | P oceeds f om bo owi gs a d lo g-te m debt | — | 92,030 | Repayme t of bo owi gs a d lo g-te m debt | — | (169,987 | ) | Debt issua ce costs | — | (3,425 | ) | Stock epu chases | — | (14,960 | ) | Pu chase of o -co t olli g i te ests | (498 | ) | — | Taxes paid elated to et-sha e settleme t of equity awa ds | (434 | ) | (605 | ) | Othe fi a ci g activities | (824 | ) | (393 | ) | 51,942 | (97,340 | ) | Effect of excha ge ate cha ges o cash, cash equivale ts a d est icted cash | (71 | ) | 5,104 | 31,895 | (38,935 | ) | 97,100 | 172,883 | $ | 128,995 | $ | 133,948 |
| Healthca e Solutio s | $ | 48.1 | $ | 45.0 | $ | 98.2 | $ | 86.3 | I dust ial Solutio s | 46.5 | 49.8 | 91.9 | 103.0 | Total | $ | 94.6 | $ | 94.8 | $ | 190.1 | $ | 189.4 |
3D Systems epo ts its fi a cial esults i acco da ce with GAAP. Ma ageme t also eviews a d epo ts ce tai o -GAAP measu es, i cludi g: adjusted eve ue, o -GAAP g oss p ofit, o -GAAP g oss p ofit ma gi , o -GAAP diluted i come (loss) pe sha e, o -GAAP ope ati g expe se a d Adjusted EBITDA. These o -GAAP measu es exclude ce tai items that ma ageme t does ot view as pa t of 3D Systems’ co e esults as they may be highly va iable, may be u usual o i f eque t, a e difficult to p edict a d ca disto t u de lyi g busi ess t e ds a d esults. Ma ageme t believes that the o -GAAP measu es p ovide useful additio al i sight i to u de lyi g busi ess t e ds a d esults a d p ovide mea i gful i fo matio ega di g the compa iso of pe iod-ove -pe iod esults. Additio ally, ma ageme t uses the o -GAAP measu es fo pla i g, fo ecasti g a d evaluati g busi ess a d fi a cial pe fo ma ce, i cludi g allocati g esou ces a d evaluati g esults elative to employee compe satio ta gets. 3D Systems’ o -GAAP measu es a e ot calculated i acco da ce with o as equi ed by GAAP a d may ot be calculated i the same ma e as simila ly titled measu es used by othe compa ies. These o -GAAP measu es should thus be co side ed as suppleme tal i atu e a d ot co side ed i isolatio o as a substitute fo the elated fi a cial i fo matio p epa ed i acco da ce with GAAP.
To calculate the o -GAAP measu es, 3D Systems excludes the impact of the followi g items:
- amo tizatio of i ta gible assets, a o -cash expe se, as 3D Systems’ i ta gible assets we e p ima ily acqui ed i co ectio with busi ess combi atio s;
- costs i cu ed i co ectio with acquisitio s a d divestitu es, such as legal, co sulti g a d adviso y fees;
- stock-based compe satio expe ses, a o -cash expe se;
- cha ges elated to est uctu i g a d cost optimizatio pla s, impai me t cha ges, i cludi g goodwill, a d divestitu e gai s o losses;
- the impact of softwa e divestitu es, which we e p eviously i cluded i ou I dust ial Solutio s segme t, fo p e-divestitu e pe iods i 2025; a d
- costs, i cludi g legal fees, elated to sig ifica t o u usual litigatio matte s.
Amo tizatio of i ta gibles a d acquisitio a d divestitu e- elated costs a e excluded f om o -GAAP measu es as the timi g a d mag itude of busi ess combi atio t a sactio s a e ot p edictable, ca va y sig ifica tly f om pe iod to pe iod a d the pu chase p ice allocated to amo tizable i ta gible assets a d the elated amo tizatio pe iod a e u ique to each acquisitio . Amo tizatio of i ta gible assets will ecu i futu e pe iods u til such i ta gible assets have bee fully amo tized. While i ta gible assets co t ibute to the compa y’s eve ue ge e atio , the amo tizatio of i ta gible assets does ot di ectly elate to the sale of the compa y’s p oducts o se vices. Additio ally, i ta gible assets amo tizatio expe se typically fluctuates based o the size a d timi g of the compa y’s acquisitio activity. Acco di gly, the compa y believes excludi g the amo tizatio of i ta gible assets e ha ces the compa y’s a d i vesto s’ ability to compa e the compa y’s past fi a cial pe fo ma ce with its cu e t pe fo ma ce a d to a alyze u de lyi g busi ess pe fo ma ce a d t e ds. Although stock-based compe satio is a key i ce tive offe ed to ce tai of ou employees, the expe se is o -cash i atu e, a d we co ti ue to evaluate ou busi ess pe fo ma ce excludi g stock-based compe satio ; the efo e, it is excluded f om o -GAAP measu es. Stock-based compe satio expe ses will ecu i futu e pe iods. Cha ges elated to est uctu i g a d cost optimizatio pla s, impai me t cha ges, i cludi g goodwill, divestitu e gai s o losses, a d the costs, i cludi g legal fees, elated to sig ifica t o u usual litigatio matte s a e excluded f om o -GAAP measu es as the f eque cy a d mag itude of these activities may va y widely f om pe iod to pe iod. Additio ally, impai me t cha ges, i cludi g goodwill, a e o -cash. Fu the mo e, the compa y believes the costs, i cludi g legal fees, elated to sig ifica t o u usual litigatio matte s a e ot i dicative of ou co e busi ess’ ope atio s.
The matte s discussed above a e tax effected, as applicable, i calculati g o -GAAP diluted i come (loss) pe sha e.
Adjusted EBITDA, defi ed as et (loss) i come, plus i come tax (p ovisio ) be efit, i te est a d othe i come (expe se), et, stock-based compe satio expe se, amo tizatio of i ta gible assets, dep eciatio expe se, a d othe o -GAAP adjustme ts, all as desc ibed above, is used by ma ageme t to evaluate pe fo ma ce a d helps measu e fi a cial pe fo ma ce pe iod-ove -pe iod.
Fu the mo e, i this p ess elease, 3D Systems epo ts ce tai o -GAAP fi a cial measu es fu the adjusted to emove the ope ati g activity elated to (i) Geomagic, which the Compa y divested o Ap il 1, 2025, fo $119.4 millio i cash, a d (ii) 3DXpe t a d Oqto , which the Compa y divested o Octobe 31, 2025, fo $3.3 millio i cash plus a eve ue-based oyalty of up to $12.9 millio (togethe with Geomagic, the “Softwa e Divestitu es”), fo pe iods o -compa able o a yea ove yea basis. The Compa y believes excludi g o -compa able pe iods allows it to i clude the ope ati g activity elated to Softwa e Divestitu es o ly to the exte t that esults a e compa able yea ove yea .
A eco ciliatio of GAAP to o -GAAP fi a cial measu es is p ovided i the accompa yi g schedules.
Ce tai colum s may ot add due to the use of ou ded umbe s. Pe ce tages p ese ted a e calculated f om the u de lyi g umbe s i thousa ds.
3D Systems does ot p ovide fo wa d-looki g guida ce fo ce tai measu es o a GAAP basis. The Compa y is u able to p ovide a qua titative eco ciliatio of fo wa d-looki g Adjusted EBITDA to the most di ectly compa able fo wa d-looki g GAAP measu e without u easo able effo t because ce tai items, i cludi g litigatio costs, acquisitio expe ses, stock-based compe satio expe se, i ta gible assets amo tizatio expe se, est uctu i g expe ses, a d goodwill impai me t cha ges, a e difficult to p edict a d estimate. These items a e i he e tly u ce tai a d depe d o va ious facto s, ma y of which a e beyo d the Compa y’s co t ol, a d as such, a y associated estimate a d its impact o GAAP pe fo ma ce could va y mate ially.
| Reve ue | $ | 94.6 | $ | 94.8 | $ | 190.1 | $ | 189.4 | Softwa e divestitu es | — | (1.5 | ) | — | (10.1 | ) | Reve ue excludi g softwa e divestitu es (No -GAAP) | $ | 94.6 | $ | 93.3 | $ | 190.1 | $ | 179.3 |
| I dust ial Reve ue | $ | 46.5 | $ | 49.8 | $ | 91.9 | $ | 103.0 | Softwa e divestitu es | — | (1.5 | ) | — | (10.1 | ) | I dust ial Reve ue excludi g softwa e divestitu es (No -GAAP) | $ | 46.5 | $ | 48.3 | $ | 91.9 | $ | 93.0 |
| G oss p ofit (GAAP) | $ | 34.5 | 36.4 | % | $ | 36.2 | 38.1 | % | Amo tizatio expe se | 0.2 | 0.2 | % | 0.2 | 0.2 | % | Rest uctu i g expe se | — | — | % | 0.8 | 0.9 | % | G oss p ofit (No -GAAP) | $ | 34.7 | 36.7 | % | $ | 37.2 | 39.2 | % | Softwa e divestitu es | — | — | % | (1.6 | ) | (1.0 | )% | G oss p ofit excludi g softwa e divestitu es (No -GAAP) | $ | 34.7 | 36.7 | % | $ | 35.7 | 38.2 | % |
(1) Calculated as o -GAAP g oss p ofit as a pe ce tage of total eve ue.
| G oss p ofit (GAAP) | $ | 68.8 | 36.2 | % | $ | 68.8 | 36.4 | % | Amo tizatio expe se | 0.3 | 0.2 | % | 0.4 | 0.2 | % | Rest uctu i g expe se | — | — | % | 1.0 | 0.5 | % | G oss p ofit (No -GAAP) | $ | 69.1 | 36.4 | % | $ | 70.2 | 37.1 | % | Softwa e divestitu es | — | — | % | (8.7 | ) | (2.8 | )% | G oss p ofit excludi g softwa e divestitu es (No -GAAP) | $ | 69.1 | 36.4 | % | $ | 61.5 | 34.3 | % |
(1) Calculated as o -GAAP g oss p ofit as a pe ce tage of total eve ue.
| Ope ati g expe se (GAAP) | $ | 45.1 | $ | 51.5 | $ | 86.1 | $ | 121.0 | Amo tizatio expe se | (0.8 | ) | (0.7 | ) | (1.4 | ) | (1.6 | ) | Stock-based compe satio expe se | (2.3 | ) | 3.6 | (4.6 | ) | (0.6 | ) | Acquisitio a d divestitu e- elated expe se | — | (0.2 | ) | (0.2 | ) | (1.1 | ) | Legal a d othe expe se | (2.4 | ) | (3.0 | ) | (3.5 | ) | (4.2 | ) | Rest uctu i g expe se | — | (4.3 | ) | (0.2 | ) | (5.1 | ) | No -GAAP ope ati g expe se | $ | 39.5 | $ | 46.8 | $ | 76.1 | $ | 108.4 | Softwa e divestitu es | — | (2.2 | ) | — | (7.2 | ) | No -GAAP ope ati g expe ses excludi g softwa e divestitu es | $ | 39.5 | $ | 44.6 | $ | 76.1 | $ | 101.2 |
| Net (loss) i come att ibutable to 3D Systems Co po atio (GAAP) | $ | (12.9 | ) | $ | 104.4 | $ | (17.3 | ) | $ | 67.5 | I te est expe se (i come), et | 1.6 | (1.0 | ) | 3.2 | (1.4 | ) | P ovisio fo i come taxes | 0.4 | 11.0 | 1.8 | 11.7 | Dep eciatio expe se | 4.1 | 4.3 | 8.3 | 8.9 | Amo tizatio expe se | 1.0 | 0.9 | 1.7 | 2.0 | EBITDA (No -GAAP) | (5.8 | ) | 119.6 | (2.3 | ) | 88.7 | Stock-based compe satio expe se | 2.3 | (3.6 | ) | 4.6 | 0.6 | Acquisitio a d divestitu e- elated expe se | — | 0.2 | 0.2 | 1.1 | Legal a d othe expe se | 2.4 | 3.1 | 3.5 | 4.2 | Rest uctu i g expe se | — | 5.1 | 0.2 | 6.1 | Net loss att ibutable to edeemable o -co t olli g i te est | — | — | (0.2 | ) | — | Loss o equity method i vestme t, et of tax | 0.9 | 1.3 | 2.0 | 2.2 | Gai o epu chase of debt | — | (8.2 | ) | — | (8.2 | ) | Gai o disposal of i vestme t | — | — | (2.6 | ) | — | Gai o dispositio | — | (125.7 | ) | — | (125.7 | ) | Othe o -ope ati g i come | (0.6 | ) | 2.8 | (4.2 | ) | 1.8 | Adjusted EBITDA (No -GAAP) | $ | (0.8 | ) | $ | (5.3 | ) | $ | 1.3 | $ | (29.3 | ) | Softwa e divestitu es | — | 0.7 | — | (1.6 | ) | Adjusted EBITDA (No -GAAP) excludi g softwa e divestitu es | $ | (0.8 | ) | $ | (4.7 | ) | $ | 1.3 | $ | (30.8 | ) |
| Diluted (loss) i come pe sha e (GAAP) | $ | (0.09 | ) | $ | 0.57 | $ | (0.12 | ) | $ | 0.37 | Amo tizatio expe se | 0.01 | 0.01 | 0.01 | 0.01 | Stock-based compe satio expe se | 0.02 | (0.02 | ) | 0.03 | — | Acquisitio a d divestitu e- elated expe se | — | — | — | 0.01 | Legal a d othe expe se | 0.02 | 0.02 | 0.02 | 0.02 | Rest uctu i g expe se | — | 0.03 | — | 0.03 | Gai o epu chase of debt | — | (0.04 | ) | — | (0.04 | ) | Gai o disposal of i vestme t | — | — | (0.02 | ) | — | Gai o dispositio | — | (0.69 | ) | — | (0.69 | ) | Loss o equity method i vestme t a d othe | 0.01 | 0.01 | 0.01 | 0.02 | Tax effect of the adjustme ts eflected above | — | 0.05 | — | 0.05 | No -GAAP diluted loss pe sha e | $ | (0.04 | ) | $ | (0.07 | ) | $ | (0.05 | ) | $ | (0.22 | ) | Softwa e divestitu es | — | 0.01 | — | (0.01 | ) | No -GAAP diluted loss pe sha e excludi g softwa e divestitu es | $ | (0.04 | ) | $ | (0.06 | ) | $ | (0.05 | ) | $ | (0.23 | ) |






 