Slide 1: Fourth Quarter & Full Year 2015 Conference Call & Webcast
2 sosvstems — FOURTH QUARTER & FULL YEAR 2015 CONFERENCE CALL & WEBCAST March 14, 2016 MANUFACTURINGTHE FUTURE WWW.3DSYSTEMS.COM | NYSE: DDD
Slide 2: Participants
PARTICIPANTS | Andy Johnson | ° is i | Dave Styka | . ive Vit Stacey Witten * Vice President, Investor Relations YY ee YY LL
Slide 3: Welcome Webcast Viewers
WELCOME WEBCAST VIEWERS session, please dial: * 1-201- se #245 from outside the United St © 1-877-407-8291 i
Slide 4: Forward Looking Statements
FORWARD LOOKING STATEMENTS Forward- ati itent .ctions, devel it “may,” “will,” "should," “hope,” “expects,” “intends,” 'anticipates," "contemplates," "believes," "estimates," "predicts," "projects," "potential," "continue," and other similar “plans, unkn Ks, uncertainties, assumpti id other factors,
Slide 5: Overview & Update
OVERVIEW & UPDATE Andy Johnson Interim President & CEO and Chief Legal Officer MANUFACTURINGTHE FUTURE
Slide 6: (sa) (ez)
COMPANY UPDATE (sa) (ez) (wa services. roducts and as) industrial applications.
Slide 7: Leadership
LEADERSHIP [st = and product launches. VY YY JY \ YY
Slide 8: Fourth Quarter Overview
FOURTH QUARTER OVERVIEW Sequentially, revenue [reas 21%. Excludin; consolidate: ain GMa was 47.7%, ially. 88.9 million. [ [Es c
Slide 9: Financial Review
FINANCIAL REVIEW Dave Styka Executive Vice President & CFO MANUFACTURINGTHE FUTURE
Slide 10: GAAP Operating Results
GAAP OPERATING RESULTS Fourth Quarter Full Year 15 2014 2015 Revenue $183.4 $187.4 $666.2 Gross Profi $60.2 $39.8 $291.8 Gross Profit Margin (32.8% 47.9% 43.8% Operating Expenses * $626.1 $85.5 $933.7 % of Revenue 341.4% 45.6% (140.2% Operating Income (Loss) ($565.9) $4.2 ($641.9) % of Revenue (308.
Slide 11: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION GAAP net inco! Pee Fall vaar 2s | ais | aoa seca | $26 oss) | sane goa [saa 305 g gz7a | $27.4 Loss on litigation Ta EO Non-cash interest expens Tax effect
Slide 12: Revenue Highlights
Sin millions REVENUE HIGHLIGHTS Quarter $187 $161 $171 $152 $15.0 $93 042014 12015 932015 042015 ‘Design & Manufacturing ™ Consumer Full Year $513 $465 $619.7 Design & Manufacturing m= Consumer customers and contributions from acquisitions ip contributed to growth 2
Slide 13: Revenue by Category & Geography
REVENUE BY CATEGORY & GEOGRAPHY Sin millions Category aes $653.7 $666.2 2015, ‘Products m Materials» Services FULL YEAR REVENUE Geography iad $653.7 $666.2 $600 19% 2014 2015 Americas EMEA © AsiaPac + Products revenue decreased 9% to $257.4 million + Materials revenue decreased 5% to $150.7 milion +
Slide 14: Gross Profit Margin
GROSS PROFIT MARGIN Sin ions Q4 2015 | Q3 2015 | Q42014 (4.4%) 24.2% 33.8% were negatively impacted by- Materials 75.5% 75.9% 75.3% it rvices 46.6% 49.8% 49.7% consumer Consolidated GPM |_ 32.8% 46.9% 47.9% Excluding this expense: Full Year for Q4 and 30.2% for the year 201 2014 * Consolidated GPM w
Slide 15: Fourth Quarter Operating Expenses
FOURTH QUARTER OPERATING EXPENSES Sin milions "Tables may not foot due to rounding Fourth Quarter - Year over Year Comparison GAAP Operating Expenses Non-GAAP Operating Expenses Category Increase/ Increase/ 42015 | 942014 | (Decrease) |_Q42015 | Q42014 (Pecressth R&D 224 $22.5 (0.4%) $22.4 $22.5 0.4
Slide 16: Sequential Operating Expenses
SEQUENTIAL OPERATING EXPENSES Sin ions Fourth Quarter - Seawecte cornea son P Operating Expen: Non-GAAP Operating Category au Increase/ Q42015_| Q32015 | (Decrease) |_Q42015 | Q32015 | (Decrease) R&D $22.4 $22.5 (0.4%) $22.4 $22.5 (0.4%) % of Revenue 12% 15% 12% 15% SG&A $66.5 $ 83.2 (20.1%) $44.1 $
Slide 17: Balance Sheet
Sin millions BALANCE SHEET Sequential ‘OY December | September | Increase/ | December | Increase/ 2015 2015 (Decrease' 2014 (Decrease) Cash $155.6 $157.5 (1.2%) $ 284.9 5.4%) Accounts Receivable |__$ 157.4 $134.5 17.0% $ 168.4 (6.5%) Inventory $105.9 $ 138.2 (23.4%) $ 96.6 9.6% Accounts Payable $46.
Slide 18: Financial Conclusions
FINANCIAL CONCLUSIONS NN NS
Slide 19: Q&A Session
Q&A SESSION —™* .S.: 1-877-407-8291 Tiesk questions: + International: 1-201-689-8345
Slide 20: Thank You
Thank You MANUFACTURINGTHE FUTURE