3D Systems Cuts Q4 Loss to $0.13, Beats Revenue Estimates by 7.9%
3D Systems reported a fourth-quarter non-GAAP loss of $0.13 per share versus $0.19 a year earlier, with revenues of $106.3 million down 4.3% but 7.9% above estimates. Healthcare revenue rose 25% to $50.5 million while Industrial revenue fell 21.1% to $55.8 million, and Q1 revenue is guided at $91–94 million.
1. Q4 Earnings Results
3D Systems reported a non-GAAP loss of $0.13 per share for Q4 2025, narrower than the $0.19 loss in Q4 2024, on revenues of $106.3 million, a 4.3% year-over-year decline that topped estimates by 7.9%.
2. Segment Performance
Healthcare Solutions revenue rose 25% year-over-year to $50.5 million, driven by MedTech growth above 8%, while Industrial Solutions revenue fell 21.1% to $55.8 million despite a 50% increase in aerospace and defense sales.
3. Balance Sheet Position
As of Dec. 31, 2025, cash and equivalents stood at $97.1 million against $90.3 million in total debt, including $3.9 million maturing in Q4 2026 and the remainder due in 2030.
4. Q1 Guidance
The company forecasts first-quarter 2026 revenues between $91 million and $94 million and anticipates an adjusted EBITDA loss narrowing to $3 million–$5 million.