3D Systems Delivers $106.3M Q4 Revenue, Secures $55M Cost Savings
3D Systems reported fourth quarter revenue of $106.3 million, rising 16% sequentially and exceeding guidance, driven by new printer system ramp-up and 25% growth in healthcare solutions. Full-year net income soared to $29.9 million after achieving $55 million in annualized cost savings and double-digit growth in key markets.
1. Fourth Quarter Highlights
3D Systems reported Q4 revenue of $106.3 million, up 16% sequentially and exceeding guidance. Gross profit margin held at 30.8% while non-GAAP operating expenses declined, narrowing the net loss to $19.5 million and improving adjusted EBITDA by $13.8 million year-over-year.
2. Full-Year Performance
For full-year 2025, revenue totaled $386.9 million, a 12% decline from 2024 or 7% when excluding the Geomagic divestiture. Net income turned positive at $29.9 million versus a $255.6 million loss in the prior year, while adjusted EBITDA improved $21 million to a $45.4 million loss.
3. Segment Growth Drivers
Healthcare Solutions revenue rose 25% year-over-year to $50.5 million, driven by med tech and personalized health services expansion. Industrial Solutions fell 21% to $55.8 million, though excluding Geomagic the decline was 11%, while aerospace and defense achieved 16% full-year growth and expects 20% in 2026.
4. Cost Savings and Balance Sheet
Cost reduction programs generated approximately $55 million in annualized savings through expense cuts and efficiency initiatives. The company strengthened its balance sheet by executing an equitization transaction, retiring most of its 2026 debt and prioritizing strategic investments for growth markets.