Business
Stratasys Releases First Quarter 2025 Financial Results
Revenue of $136.0 million, compared to $144.1 million in the prior year period GAAP net loss of $13.1 million, or $0.18 per diluted share, and non-GAAP net
About this update from Stratasys, Ltd.
[{"type":"text","content":"\n\nRevenue of $136.0 million, compared to $144.1 million in the prior year period\n\n\nGAAP net loss of $13.1 million, or $0.18 per diluted share, and non-GAAP net income of $2.9 million, or $0.04 per diluted share\n\n\nAdjusted EBITDA of $8.2 million, compared to $4.1 million in the prior year period\n\n\n$150.1 million cash, equivalents and short-term deposits and no debt at March 31, 2025\n\n\nAdds $120 million in cash from investment by Fortissimo Capital subsequent to quarter end\n\n\nRaises 2025 Outlook\n\n\n MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--\nStratasys Ltd. (Nasdaq: SSYS), a leader in polymer 3D printing solutions, today announced its financial results for the first quarter ended March 31, 2025.\n\nDr. Yoav Zeif, Stratasys’ Chief Executive Officer, stated, “We delivered another quarter of net profitability on an adjusted basis and positive cash from operating activities. It's particularly encouraging to see 7% sequential growth in our recurring revenue Consumables, demonstrating continued solid utilization of existing systems by our customers. Our ongoing strategic efforts to streamline the business are proving successful, and we are positioned to deliver improved profitability, while maintaining our ability to scale when capital spending recovers.”\n\nDr. Zeif continued, “With the recent close of the $120 million Fortissimo investment we further strengthened our balance sheet, which will support our ability to invest in profitable growth, both organically and through attractive opportunities. We continue to strengthen our position in additive manufacturing by expanding our portfolio of best-in-class technology, materials, and software. We believe we are well-positioned to drive increased cash flow and profitability from our streamlined operations and recurring stream of revenue as we move through the balance of the year.”\n\nSummary - First Quarter 2025 Financial Results Compared to First Quarter 2024:\n\n\nRevenue of $136.0 million compared to $144.1 million.\n\n\nGAAP gross margin of 44.3%, compared to 44.4%.\n\n\nNon-GAAP gross margin of 48.3%, compared to 48.6%.\n\n\nGAAP operating loss of $12.4 million, compared to an operating loss of $24.5 million.\n\n\nNon-GAAP operating income of $3.0 million, compared to an operating loss of $1.2 million.\n\n\nGAAP net loss of $13.1 million, or $0.18 per diluted...