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Stratasys Releases Third Quarter 2026 Financial Results

  • Stratasys reported Q3 2026 revenue of $142.6 million, a 4.1% increase year-over-year and a 3.6% sequential increase from Q2 2026.
  • Aerospace and Defense revenue grew over 35% year-over-year and approximately 25% sequentially.
  • Systems revenue reached $35.9 million, up 12% compared to the prior year period.
  • GAAP net loss was $10.2 million ($0.12 per diluted share), while non-GAAP net income was $3.5 million ($0.04 per diluted share).
  • Adjusted EBITDA rose to $8.0 million compared to $5.0 million in the prior year period.
  • The company generated positive operating cash flow of $3.5 million.
  • As of September 30, 2026, Stratasys held $210.7 million in cash, equivalents, and short-term deposits with no debt.
  • GAAP gross margin improved to 43.7% from 41.0% in the prior year.
  • Non-GAAP gross margin increased to 47.8% from 45.3% due to improved systems sales mix and tariff credits.
  • The company updated its full-year 2026 revenue guidance to $556 million–$561 million, down from the previous range of $565 million–$575 million.
  • Updated full-year 2026 non-GAAP net income guidance is $9 million–$11 million ($0.10–$0.12 per share).
  • Updated full-year 2026 Adjusted EBITDA guidance is $24 million–$26 million.
  • Updated full-year 2026 capital expenditures are projected between $15 million and $20 million.
  • Stratasys cited longer sales cycles for large production-focused orders as a factor in the adjusted outlook.
  • The company plans to host a webcast conference call on November 12, 2026, to discuss these results.