ROCK HILL, S.C., Nov. 04, 2026 (GLOBE NEWSWIRE) — 3D Systems Co po atio (NYSE:DDD) a ou ced today its fi a cial esults fo the thi d qua te e ded Septembe 30, 2026.
- Q3 2026 eve ue of $99.3 millio , up 9% yea -ove -yea , a d up 11% excludi g softwa e divestitu es, d ive by double-digit g owth i ew p i te a d pa ts ma ufactu i g sales a d st o g de tal mate ials eve ue.
- Net loss was $33.5 millio fo the qua te , while Adjusted EBITDA imp oved to $3.1 millio , eflecti g the be efits of p io cost eductio i itiatives, highe sales volumes, a d imp oved ope ati g leve age i the qua te .
- Healthca e eve ue i c eased 14% yea -ove -yea , d ive by co ti ued g owth i pe so alized healthca e solutio s, a d mo e tha 20% g owth i both healthca e pa ts ma ufactu i g a d de tal mate ials sales.
- I dust ial eve ue i c eased 4% yea -ove yea , o 8% excludi g softwa e divestitu es, d ive by st o g g owth i Data Ce te I f ast uctu e a d mo e tha 50% g owth i Ae ospace & Defe se, pa tially offset by decli es i co sume -faci g ma kets.
- Ou fou st ategic ma kets delive ed st o g double-digit g owth th ough the fi st th ee qua te s of 2026, adva ci g ou st ategy to accele ate g owth i Med Tech, De tal, Ae ospace & Defe se a d Data Ce te I f ast uctu e.
| Reve ue | $ | 99.3 | $ | 91.2 | $ | 289.4 | $ | 280.6 | G oss p ofit | 34.8 | 29.4 | 103.6 | 98.3 | G oss p ofit ma gi | 35.0 | % | 32.3 | % | 35.8 | % | 35.0 | % | Ope ati g expe se | 59.3 | 50.7 | 145.4 | 171.7 | Ope ati g loss | (24.5 | ) | (21.3 | ) | (41.8 | ) | (73.4 | ) | Net (loss) i come att ibutable to 3D Systems Co po atio | (33.5 | ) | (18.1 | ) | (50.8 | ) | 49.4 | Diluted (loss) i come pe sha e | (0.21 | ) | (0.14 | ) | (0.33 | ) | 0.29 | No -GAAP measu es, excludi g softwa e divestitu es fo yea -ove -yea compa iso s | No -GAAP eve ue | 99.3 | 89.5 | 289.4 | 268.8 | No -GAAP g oss p ofit ma gi | 35.5 | % | 31.3 | % | 36.1 | % | 33.3 | % | No -GAAP ope ati g expe se | 36.1 | 42.3 | 112.2 | 143.5 | Adjusted EBITDA | 3.1 | (10.0 | ) | 4.4 | (40.8 | ) | No -GAAP diluted loss pe sha e | $ | (0.06 | ) | $ | (0.08 | ) | $ | (0.11 | ) | $ | (0.28 | ) |
D . Jeff ey G aves, P eside t a d Chief Executive Office of 3D Systems, said, “We a e pleased with ou thi d-qua te a d yea -to-date pe fo ma ce. Reve ue g owth accele ated, Adjusted EBITDA tu ed positive fo the qua te a d the yea -to-date pe iod, a d ou fou st ategic ma kets, Med Tech, De tal, Ae ospace & Defe se, a d Data Ce te I f ast uctu e, co ti ued to delive st o g double-digit g owth. These esults eflect the p og ess we have made executi g a focused st ategy: co ce t ati g esou ces o high-value p oductio applicatio s, ef eshi g ou p oduct po tfolio, a d expa di g ou metal pa ts ma ufactu i g capability. Custome s i these ma kets a e i c easi gly adopti g 3D p i ti g as a co e ma ufactu i g tech ology, a d the combi atio of desig flexibility a d p oductio eco omics is e abli g highe -pe fo ma ce compo e ts a d systems to move i to full p oductio .”
D . G aves co cluded, “As the additive ma ufactu i g i dust y begi s to eme ge f om a multi-yea dow tu , the co siste t i vestme ts we have made i tech ology, applicatio expe tise, a d p oductio capacity du i g this challe gi g pe iod have positio ed the Compa y to be efit f om the ecove y. While the b oade eco omic a d geopolitical e vi o me t emai s volatile, capital i vestme t i ou p io ity ma kets is ow st e gthe i g, a d we a e well positio ed to suppo t the esulti g i c ease i dema d fo ma ufactu i g capacity. I am co fide t i the fou datio we have built a d i the Compa y’s ability to delive p ofitable g owth i the yea s ahead.”
“Ou positive thi d-qua te esults demo st ate co ti ued p og ess agai st the p io ities we established ove the past two yea s,” said Phyllis No dst om, Chief Fi a cial Office of 3D Systems. “We delive ed st o g eve ue g owth while mai tai i g effective cost ma ageme t, esulti g i positive Adjusted EBITDA yea -to-date. At the same time, we a e steadily eshapi g ou busi ess a ou d ou fou st ategic ma kets th ough the fi st th ee qua te s of the yea . Ou yea -to-date pe fo ma ce gives us co fide ce that ou st ategy is gai i g t actio a d c eati g a st o ge fou datio fo p ofitable g owth.”
Total eve ue i c eased 8.8% to $99.3 millio compa ed to the p io yea pe iod. Excludi g the impact of softwa e divestitu es completed i 2025, i cludi g 3DXpe t a d Oqto , total eve ue i c eased by 10.9%.
Healthca e Solutio s eve ue i c eased app oximately 14.4% to $49.0 millio compa ed to the p io yea pe iod. Reve ue g owth was p ima ily d ive by highe de tal mate ial sales a d i c eased pa ts ma ufactu i g volumes.
I dust ial Solutio s eve ue i c eased app oximately 3.9% to $50.3 millio compa ed to the p io yea pe iod, o i c eased 7.7% excludi g the impact of softwa e divestitu es, p ima ily d ive by highe p i te a d pa ts ma ufactu i g sales.
G oss p ofit ma gi i c eased to 35.0% compa ed to 32.3% i the p io yea pe iod. No -GAAP g oss p ofit ma gi i c eased to 35.5% compa ed to 32.5% i the p io yea pe iod. Adjusti g fo softwa e divestitu es, o -GAAP g oss p ofit ma gi i c eased by 420 basis poi ts. No -GAAP g oss p ofit ma gi be efited f om highe sales volumes i p i te s a d pa ts ma ufactu i g, p oduct g oss p ofit ma gi expa sio , a d the o – ecu e ce of ce tai p io -yea costs associated with a o -co e site closu e a d a Reg Med accou ti g adjustme t.
Net loss att ibutable to 3D Systems Co po atio i c eased by $15.5 millio to $33.5 millio , compa ed to the p io yea pe iod. The i c ease was p ima ily the esult of litigatio expe se, a asset impai me t cha ge, a u favo able fo eig excha ge impact, a d a u favo able yea -ove -yea cha ge i i come taxes.
Adjusted EBITDA imp oved by $13.9 millio , to $3.1 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, highe sales volumes i the qua te , a d imp oved ope ati g leve age i the qua te . Excludi g the impact of softwa e divestitu es, Adjusted EBITDA imp oved $13.1 millio .
At Septembe 30, 2026, the Compa y had total cash a d i vestme ts of $120.5 millio , which i cluded cash, cash equivale ts a d est icted cash of $91.8 millio , sho t-te m i vestme ts of $27.1 millio , a d lo g-te m i vestme ts of $1.6 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.
| $100 – $103 millio | ($2) millio – $0 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 Novembe 5, 2026, which may be accessed as follows:
Date: Thu sday, Novembe 5, 2026Time: 8:30 a.m. Easte TimeListe via webcast: www.3dsystems.com/i vesto Pa ticipate via telepho e: 201-689-8345 o 877-407-8291
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 fou th qua te 2026 eve ue a d adjusted EBITDA guida ce, 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.
Fo 40 yea s, 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; data ce te 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 | $ | 91,339 | $ | 95,635 | Sho t-te m i vestme ts | 27,065 | — | Accou ts eceivable, et of ese ves — $5,704 a d $3,608 | 86,232 | 83,806 | I ve to ies, et | 118,482 | 127,496 | P epaid expe ses a d othe cu e t assets | 35,675 | 39,770 | Total cu e t assets | 358,793 | 346,707 | P ope ty a d equipme t, et | 47,036 | 49,249 | I ta gible assets, et | 14,359 | 16,614 | Goodwill | 15,371 | 15,575 | Ope ati g lease ight-of-use assets | 41,122 | 45,364 | Fi a ce lease ight-of-use assets | 6,778 | 7,774 | Lo g-te m defe ed i come tax assets | 2,695 | 2,787 | Othe assets | 39,524 | 37,658 | $ | 525,678 | $ | 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 | 8,004 | 11,583 | Accou ts payable | 32,776 | 41,017 | Acc ued a d othe liabilities | 57,609 | 46,656 | Custome deposits a d defe ed eve ue | 19,505 | 17,423 | Total cu e t liabilities | 121,838 | 120,623 | Lo g-te m debt, et of defe ed fi a ci g costs | 87,852 | 86,394 | Lo g-te m ope ati g lease liabilities | 42,162 | 45,420 | Lo g-te m defe ed i come tax liabilities | 3,246 | 2,740 | Othe liabilities | 23,882 | 24,000 | 278,980 | 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, $0.001 pa value; 5,000 sha es autho ized; o sha es issued a d outsta di g as of Septembe 30, 2026 a d Decembe 31, 2025 | — | — | Commo stock, $0.001 pa value; 440,000 sha es autho ized, 166,420 sha es issued as of Septembe 30, 2026; 220,000 sha es autho ized, 145,581 sha es issued as of Decembe 31, 2025 | 166 | 146 | Additio al paid-i capital | 1,678,232 | 1,620,399 | Accumulated deficit | (1,383,180 | ) | (1,332,360 | ) | Accumulated othe comp ehe sive loss | (48,520 | ) | (47,827 | ) | 246,698 | 240,358 | $ | 525,678 | $ | 521,728 |
| P oducts | $ | 58,178 | $ | 52,311 | $ | 170,788 | $ | 160,835 | Se vices | 41,126 | 38,938 | 118,633 | 119,792 | Total eve ue | 99,304 | 91,249 | 289,421 | 280,627 | P oducts | 38,717 | 36,109 | 110,649 | 105,748 | Se vices | 25,803 | 25,709 | 75,183 | 76,609 | Total cost of sales | 64,520 | 61,818 | 185,832 | 182,357 | 34,784 | 29,431 | 103,589 | 98,270 | Ope ati g expe ses: | Selli g, ge e al a d admi ist ative | 46,354 | 34,716 | 112,837 | 118,624 | Resea ch a d developme t | 10,064 | 16,025 | 29,671 | 53,069 | Asset impai me t cha ges | 2,857 | — | 2,857 | — | Total ope ati g expe ses | 59,275 | 50,741 | 145,365 | 171,693 | (24,491 | ) | (21,310 | ) | (41,776 | ) | (73,423 | ) | No -ope ati g (loss) i come: | Fo eig excha ge (loss) gai , et | (6,294 | ) | 2,623 | (2,192 | ) | 2,171 | I te est i come | 709 | 784 | 1,868 | 3,454 | I te est expe se | (2,159 | ) | (1,924 | ) | (6,478 | ) | (3,202 | ) | Gai o dispositio | — | — | — | 125,681 | Othe i come, et | 212 | 475 | 2,901 | 7,335 | Total o -ope ati g (loss) i come | (7,532 | ) | 1,958 | (3,901 | ) | 135,439 | (32,023 | ) | (19,352 | ) | (45,677 | ) | 62,016 | (P ovisio ) be efit fo i come taxes | (924 | ) | 2,630 | (2,761 | ) | (9,059 | ) | Loss o equity method i vestme ts, et of i come taxes | (588 | ) | (1,331 | ) | (2,541 | ) | (3,560 | ) | (33,535 | ) | (18,053 | ) | (50,979 | ) | 49,397 | Less: et loss att ibutable to edeemable o -co t olli g i te est | — | — | (159 | ) | — | $ | (33,535 | ) | $ | (18,053 | ) | $ | (50,820 | ) | $ | 49,397 | Basic | $ | (0.21 | ) | $ | (0.14 | ) | $ | (0.33 | ) | $ | 0.38 | Diluted | $ | (0.21 | ) | $ | (0.14 | ) | $ | (0.33 | ) | $ | 0.29 | Basic | 162,911 | 125,273 | 151,785 | 129,979 | Diluted | 162,911 | 125,273 | 151,785 | 178,397 |
| Net (loss) i come befo e edeemable o -co t olli g i te est | $ | (50,979 | ) | $ | 49,397 | Adjustme ts to eco cile et (loss) i come to et cash used i ope ati g activities: | Dep eciatio a d amo tizatio | 15,073 | 16,280 | Amo tizatio of debt issua ce costs | 1,556 | 993 | Stock-based compe satio | 5,591 | 1,805 | No -cash ope ati g lease expe se | 5,924 | 7,382 | P ovisio fo i ve to y obsolesce ce | 5,219 | 5,158 | P ovisio fo bad debts | 2,439 | 1,458 | Gai o the dispositio of busi esses, p ope ty, equipme t a d othe assets | (485 | ) | (126,251 | ) | Gai o debt exti guishme t | — | (8,203 | ) | P ovisio (be efit) fo defe ed i come taxes a d ese ve adjustme ts | 519 | (1,154 | ) | Gai o disposal of i vestme t | (2,576 | ) | — | Loss o equity method i vestme t, et of taxes | 2,541 | 3,560 | Asset impai me t cha ges | 2,857 | — | Cha ges i ope ati g accou ts: | Accou ts eceivable | (9,767 | ) | 18,288 | I ve to ies | (444 | ) | (15,474 | ) | P epaid expe ses a d othe cu e t assets | 3,340 | (6,422 | ) | Accou ts payable | (8,338 | ) | (4,844 | ) | Defe ed eve ue a d custome deposits | 6,780 | (809 | ) | Acc ued a d othe liabilities | 8,717 | (2,645 | ) | All othe ope ati g activities | (5,469 | ) | (11,650 | ) | (17,502 | ) | (73,131 | ) | Pu chases of p ope ty a d equipme t | (8,315 | ) | (7,995 | ) | Pu chases of sho t-te m a d lo g-te m i vestme ts | (28,706 | ) | — | Pu chase of pate ts | (1,000 | ) | — | P oceeds f om sale of assets a d busi esses, et of cash sold | 215 | 119,400 | Acquisitio s a d othe i vestme ts, et of cash acqui ed | — | (3,400 | ) | Othe i vesti g activities | (112 | ) | 271 | (37,918 | ) | 108,276 | P oceeds f om equity offe i g | 53,825 | — | Equity issua ce costs | (693 | ) | — | 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 | (900 | ) | — | Taxes paid elated to et-sha e settleme t of equity awa ds | (879 | ) | (830 | ) | Othe fi a ci g activities | (1,245 | ) | (1,168 | ) | 50,108 | (98,340 | ) | Effect of excha ge ate cha ges o cash, cash equivale ts a d est icted cash | (22 | ) | 4,553 | (5,334 | ) | (58,642 | ) | 97,100 | 172,881 | $ | 91,766 | $ | 114,239 |
| Healthca e Solutio s | $ | 49.0 | $ | 42.8 | $ | 147.2 | $ | 129.1 | I dust ial Solutio s | 50.3 | 48.5 | 142.2 | 151.5 | Total | $ | 99.3 | $ | 91.2 | $ | 289.4 | $ | 280.6 |
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;
- costs associated with CEO t a sitio activities, i cludi g seve a ce a d executive ec uitme t costs; a d
- costs elated to sig ifica t o u usual litigatio matte s, i cludi g legal fees, claim- elated judgme ts a d settleme ts.
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 | $ | 99.3 | $ | 91.2 | $ | 289.4 | $ | 280.6 | Softwa e divestitu es | — | (1.7 | ) | — | (11.8 | ) | Reve ue excludi g softwa e divestitu es (No -GAAP) | $ | 99.3 | $ | 89.5 | $ | 289.4 | $ | 268.8 |
| I dust ial Reve ue | $ | 50.3 | $ | 48.5 | $ | 142.2 | $ | 151.5 | Softwa e divestitu es | — | (1.7 | ) | — | (11.8 | ) | I dust ial Reve ue excludi g softwa e divestitu es (No -GAAP) | $ | 50.3 | $ | 46.7 | $ | 142.2 | $ | 139.7 |
| G oss p ofit (GAAP) | $ | 34.8 | 35.0 | % | $ | 29.4 | 32.3 | % | Amo tizatio expe se | 0.2 | 0.2 | % | 0.2 | 0.2 | % | Rest uctu i g expe se | 0.3 | 0.3 | % | — | — | % | G oss p ofit (No -GAAP) | $ | 35.2 | 35.5 | % | $ | 29.6 | 32.5 | % | Softwa e divestitu es | — | — | % | (1.5 | ) | (1.2 | )% | G oss p ofit excludi g softwa e divestitu es (No -GAAP) | $ | 35.2 | 35.5 | % | $ | 28.1 | 31.3 | % |
(1) Calculated as o -GAAP g oss p ofit as a pe ce tage of total eve ue.
| G oss p ofit (GAAP) | $ | 103.6 | 35.8 | % | $ | 98.3 | 35.0 | % | Amo tizatio expe se | 0.5 | 0.2 | % | 0.6 | 0.2 | % | Rest uctu i g expe se | 0.3 | 0.1 | % | 1.0 | 0.4 | % | G oss p ofit (No -GAAP) | $ | 104.4 | 36.1 | % | $ | 99.9 | 35.6 | % | Softwa e divestitu es | — | — | % | (10.3 | ) | (2.3 | )% | G oss p ofit excludi g softwa e divestitu es (No -GAAP) | $ | 104.4 | 36.1 | % | $ | 89.6 | 33.3 | % |
(1) Calculated as o -GAAP g oss p ofit as a pe ce tage of total eve ue.
| Ope ati g expe se (GAAP) | $ | 59.3 | $ | 50.7 | $ | 145.4 | $ | 171.7 | Amo tizatio expe se | (0.7 | ) | (0.7 | ) | (2.2 | ) | (2.3 | ) | Stock-based compe satio expe se | (1.0 | ) | (1.2 | ) | (5.6 | ) | (1.8 | ) | Acquisitio a d divestitu e- elated expe se | (0.1 | ) | (0.1 | ) | (0.3 | ) | (1.2 | ) | Legal a d othe expe se | (16.2 | ) | (2.2 | ) | (19.6 | ) | (6.4 | ) | Rest uctu i g expe se | — | (1.8 | ) | (0.3 | ) | (7.0 | ) | CEO t a sitio costs | (2.3 | ) | — | (2.3 | ) | — | Asset impai me t cha ges | (2.9 | ) | — | (2.9 | ) | — | No -GAAP ope ati g expe se | $ | 36.1 | $ | 44.7 | $ | 112.2 | $ | 153.1 | Softwa e divestitu es | — | (2.4 | ) | — | (9.6 | ) | No -GAAP ope ati g expe ses excludi g softwa e divestitu es | $ | 36.1 | $ | 42.3 | $ | 112.2 | $ | 143.5 |
| Net (loss) i come att ibutable to 3D Systems Co po atio (GAAP) | $ | (33.5 | ) | $ | (18.1 | ) | $ | (50.8 | ) | $ | 49.4 | I te est expe se (i come), et | 1.5 | 1.1 | 4.6 | (0.3 | ) | P ovisio (be efit) fo i come taxes | 0.9 | (2.6 | ) | 2.8 | 9.1 | Dep eciatio expe se | 3.9 | 4.2 | 12.2 | 13.1 | Amo tizatio expe se | 0.9 | 0.9 | 2.7 | 2.9 | EBITDA (No -GAAP) | (26.3 | ) | (14.4 | ) | (28.5 | ) | 74.2 | Stock-based compe satio expe se | 1.0 | 1.2 | 5.6 | 1.8 | Acquisitio a d divestitu e- elated expe se | 0.1 | 0.1 | 0.3 | 1.2 | Legal a d othe expe se | 16.2 | 2.2 | 19.6 | 6.4 | Rest uctu i g expe se | 0.3 | 1.9 | 0.5 | 8.0 | 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 | 0.6 | 1.3 | 2.5 | 3.6 | Asset impai me t cha ges | 2.9 | — | 2.9 | — | Gai o epu chase of debt | — | — | — | (8.2 | ) | Gai o disposal of i vestme t | — | — | (2.6 | ) | — | Gai o dispositio | — | — | — | (125.7 | ) | CEO t a sitio costs | 2.3 | — | 2.3 | — | Othe o -ope ati g i come | 6.1 | (3.1 | ) | 1.9 | (1.3 | ) | Adjusted EBITDA (No -GAAP) | $ | 3.1 | $ | (10.8 | ) | $ | 4.4 | $ | (40.1 | ) | Softwa e divestitu es | — | 0.8 | — | (0.7 | ) | Adjusted EBITDA (No -GAAP) excludi g softwa e divestitu es | $ | 3.1 | $ | (10.0 | ) | $ | 4.4 | $ | (40.8 | ) |
| Diluted (loss) i come pe sha e (GAAP) | $ | (0.21 | ) | $ | (0.14 | ) | $ | (0.33 | ) | $ | 0.29 | Amo tizatio expe se | 0.01 | 0.01 | 0.02 | 0.02 | Stock-based compe satio expe se | 0.01 | 0.01 | 0.04 | 0.01 | Acquisitio a d divestitu e- elated expe se | — | — | — | 0.01 | Legal a d othe expe se | 0.10 | 0.02 | 0.13 | 0.04 | Rest uctu i g expe se | — | 0.01 | — | 0.04 | Gai o epu chase of debt | — | — | — | (0.05 | ) | Asset impai me t cha ges | 0.02 | — | 0.02 | — | Gai o disposal of i vestme t | — | — | (0.02 | ) | — | Gai o dispositio | — | — | — | (0.70 | ) | CEO t a sitio costs | 0.01 | — | 0.02 | — | Loss o equity method i vestme t a d othe | — | 0.01 | 0.02 | 0.03 | Tax effect of the adjustme ts eflected above | — | — | — | 0.05 | No -GAAP diluted loss pe sha e | $ | (0.06 | ) | $ | (0.08 | ) | $ | (0.11 | ) | $ | (0.27 | ) | Softwa e divestitu es | — | — | — | (0.01 | ) | No -GAAP diluted loss pe sha e excludi g softwa e divestitu es | $ | (0.06 | ) | $ | (0.08 | ) | $ | (0.11 | ) | $ | (0.28 | ) |



 