Stratasys Q4 EPS Beats by 40%, Revenues Fall 7% to $140M
Stratasys reported Q4 non-GAAP EPS of $0.07, 40% above consensus, while revenues declined 7% year-over-year to $140 million. Q4 gross margin contracted 330 bps to 46% and adjusted EBITDA margin fell to 6.6%, and shares dropped over 4.8%.
1. Q4 2025 Financial Results
Stratasys delivered non-GAAP earnings of $0.07 per share in Q4 2025, beating estimates by 40%, while revenues fell 7% year-over-year to $140 million. Product revenues were $97.6 M, system revenues $3.6 M, consumables $64.2 M and services $42.9 M. Non-GAAP gross margin contracted 330 bps to 46% and adjusted EBITDA margin declined 310 bps to 6.6%.
2. Balance Sheet and Cash Flow
As of December 31, 2025, Stratasys held $244.5 million in cash and short-term deposits, down from $255 million at September 30. Operating cash flow for the quarter reached $15.1 million, supporting working capital needs and ongoing operations.
3. 2026 Outlook
For full-year 2026, Stratasys projects revenues between $565 million and $575 million, implying sequential quarterly growth. Non-GAAP EPS is guided at $0.09–$0.14 per share, with gross margins expected at 46.7%–47.1% and operating margins of 0.7%–1.5%.