Earnings ·
Stratasys Ltd. reported unaudited financial results for the second quarter and first half of fiscal year 2026, ending…
SSYSStratasys Ltd.
Stratasys Ltd. reported unaudited financial results for the second quarter and first half of fiscal year 2026, ending June 30, 2026. Total revenues decreased by $0.5 million to $137.6 million in Q2, driven by a 13.7% decline in systems sales due to extended customer sales cycles, partially offset by growth in consumables and services. The company posted a net loss of $16.9 million, or $0.19 per share, compared to a $16.7 million loss in the prior year period. For the six-month period, revenues fell 1.4% to $270.3 million, with a net loss widening to $40.7 million, or $0.47 per share. Operating expenses decreased by 5.8% in Q2 due to lower contingent consideration liabilities and cost controls, though legal expenses increased significantly year-over-year for the six-month period. The company maintains a strong balance sheet with no debt and approximately $213 million in cash and short-term deposits as of June 30, 2026. Stratasys Ltd. operates in the additive manufacturing industry, providing polymer-based 3D printing solutions, materials, and software for industrial applications.