Recent Updates — SSYS
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.
Stratasys Ltd. reported second quarter 2026 financial results with revenue of $137.6 million, a slight decrease from $138.1 million in the prior year period but up 3.7% sequentially from Q1 2026. The company achieved record consumables quarterly revenue of $66.3 million and saw Aerospace and Defense revenue grow 17% year-over-year. GAAP net loss was $16.9 million, or ($0.19) per diluted share, while non-GAAP net income was $2.3 million, or $0.03 per diluted share. Adjusted EBITDA came in at $5.3 million compared to $6.1 million in the prior year period. The company reaffirmed its full-year 2026 revenue outlook of $565 million to $575 million but modified its operating cash flow expectation, noting it will not be positive for the full year due to atypical items, though it expects positive operating cash flow in the second half of 2026. Stratasys operates in the additive manufacturing industry, providing polymer 3D printing solutions and services.