Stratasys Q4 EPS Beats by 40% as Revenues Fall 7% to $140M
Stratasys reported Q4 non-GAAP EPS of $0.07, beating consensus by 40% despite a 41.7% year-over-year plunge, while revenues dipped 7% to $140 million, topping estimates by 0.6%. For 2026, the company forecasts revenues of $565-575 million and non-GAAP EPS of $0.09-0.14.
1. Fourth-Quarter Financial Results
Stratasys posted non-GAAP earnings of $0.07 per share in Q4 2025, beating estimates by 40% but down 41.7% year over year. Revenues declined 7% y/y to $140 million, marginally surpassing consensus by 0.6%, and shares fell about 4.8% following the release.
2. Segment Performance
Product revenues fell 7.1% y/y to $97.6 million, system revenues dropped 7.1% to $3.6 million, consumables revenues edged down 0.6% to $64.2 million, and services revenues decreased 6.5% to $42.9 million, reflecting broad weakness across all business lines.
3. Profitability Metrics
Non-GAAP gross margin contracted 330 basis points to 46%, operating expenses were $60.8 million (43.4% of revenues) versus $65.2 million last year, and adjusted EBITDA margin shrank 310 basis points to 6.6%, yielding a non-GAAP operating profit of $4.1 million, down 56.4% y/y.
4. 2026 Outlook
The company projects 2026 revenues of $565-575 million, non-GAAP EPS of $0.09-0.14, gross margins between 46.7% and 47.1%, and a non-GAAP operating margin of 0.7%-1.5%, indicating sequential growth potential throughout the year.