Nano Dimension Reports 77% Annual Revenue Growth to $102.4M and Plans Q2 Strategic Review
Nano Dimension reported full-year 2025 revenue of $102.4 million, up 77.3%, and fourth-quarter revenue of $35.3 million, up 142.4%, while gross margin rose to 49.7%. The company held $459.6 million in cash and equivalents, repurchased 10.9 million shares for $19.2 million and expects to outline strategic alternatives in Q2 2026.
1. Financial Performance
Nano Dimension achieved full-year 2025 revenue of $102.4 million, a 77.3% increase from the prior year, and Q4 revenue of $35.3 million, up 142.4%. Adjusted gross margin improved to 49.7% from 36.3%, while adjusted EBITDA loss narrowed to $9.8 million from $18.9 million year-over-year.
2. Cash Position and Capital Allocation
As of December 31, 2025, the company held $459.6 million in cash, equivalents and marketable securities. In Q4, Nano Dimension repurchased 10.9 million shares for $19.2 million under its $150 million authorization, reflecting disciplined capital deployment while maintaining strategic flexibility.
3. Operational Discipline and Cost Reductions
The company reduced non-GAAP operating expenses to $27.3 million in Q4, a 16% decline versus the Q2 2025 baseline, driven by streamlined operations and resource focus on priority segments. These measures are expected to enhance operating leverage and further lower cash burn in early 2026.
4. Strategic Alternatives Review and U.S. Transition
The board is conducting a thorough strategic alternatives review and plans to detail its path forward in Q2 2026. Nano Dimension also began U.S. domestic reporting on January 1, 2026, and aims to complete re-domestication by mid-2026 to align with U.S. market standards.