3D Systems Reports Third Quarter 2026 Financial Results

ROCK HILL, S.C., Nov. 04, 2026 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the third quarter ended September 30, 2026.

• Q3 2026 revenue of $99.3 million, up 9% year-over-year, and up 11% excluding software divestitures, driven by double-digit growth in new printer and parts manufacturing sales and strong dental materials revenue.
• Net loss was $33.5 million for the quarter, while Adjusted EBITDA improved to $3.1 million, reflecting the benefits of prior cost reduction initiatives, higher sales volumes, and improved operating leverage in the quarter.
• Healthcare revenue increased 14% year-over-year, driven by continued growth in personalized healthcare solutions, and more than 20% growth in both healthcare parts manufacturing and dental materials sales.
• Industrial revenue increased 4% year-over year, or 8% excluding software divestitures, driven by strong growth in Data Center Infrastructure and more than 50% growth in Aerospace & Defense, partially offset by declines in consumer-facing markets.
• Our four strategic markets delivered strong double-digit growth through the first three quarters of 2026, advancing our strategy to accelerate growth in Med Tech, Dental, Aerospace & Defense and Data Center Infrastructure.
  
  

Summary Comments on Results

Dr. Jeffrey Graves, President and Chief Executive Officer of 3D Systems, said, “We are pleased with our third-quarter and year-to-date performance. Revenue growth accelerated, Adjusted EBITDA turned positive for the quarter and the year-to-date period, and our four strategic markets, Med Tech, Dental, Aerospace & Defense, and Data Center Infrastructure, continued to deliver strong double-digit growth. These results reflect the progress we have made executing a focused strategy: concentrating resources on high-value production applications, refreshing our product portfolio, and expanding our metal parts manufacturing capability. Customers in these markets are increasingly adopting 3D printing as a core manufacturing technology, and the combination of design flexibility and production economics is enabling higher-performance components and systems to move into full production.”

Dr. Graves concluded, “As the additive manufacturing industry begins to emerge from a multi-year downturn, the consistent investments we have made in technology, application expertise, and production capacity during this challenging period have positioned the Company to benefit from the recovery. While the broader economic and geopolitical environment remains volatile, capital investment in our priority markets is now strengthening, and we are well positioned to support the resulting increase in demand for manufacturing capacity. I am confident in the foundation we have built and in the Company’s ability to deliver profitable growth in the years ahead.”

"Our positive third-quarter results demonstrate continued progress against the priorities we established over the past two years,” said Phyllis Nordstrom, Chief Financial Officer of 3D Systems. “We delivered strong revenue growth while maintaining effective cost management, resulting in positive Adjusted EBITDA year-to-date. At the same time, we are steadily reshaping our business around our four strategic markets through the first three quarters of the year. Our year-to-date performance gives us confidence that our strategy is gaining traction and creating a stronger foundation for profitable growth."

Third Quarter 2026 Results

Total revenue increased 8.8% to $99.3 million compared to the prior year period. Excluding the impact of software divestitures completed in 2025, including 3DXpert and Oqton, total revenue increased by 10.9%.

Healthcare Solutions revenue increased approximately 14.4% to $49.0 million compared to the prior year period. Revenue growth was primarily driven by higher dental material sales and increased parts manufacturing volumes.

Industrial Solutions revenue increased approximately 3.9% to $50.3 million compared to the prior year period, or increased 7.7% excluding the impact of software divestitures, primarily driven by higher printer and parts manufacturing sales.

Gross profit margin increased to 35.0% compared to 32.3% in the prior year period. Non-GAAP gross profit margin increased to 35.5% compared to 32.5% in the prior year period. Adjusting for software divestitures, non-GAAP gross profit margin increased by 420 basis points. Non-GAAP gross profit margin benefited from higher sales volumes in printers and parts manufacturing, product gross profit margin expansion, and the non-recurrence of certain prior-year costs associated with a non-core site closure and a Reg Med accounting adjustment.

Net loss attributable to 3D Systems Corporation increased by $15.5 million to $33.5 million, compared to the prior year period. The increase was primarily the result of litigation expense, an asset impairment charge, an unfavorable foreign exchange impact, and an unfavorable year-over-year change in income taxes.

Adjusted EBITDA improved by $13.9 million, to $3.1 million compared to the prior year period, driven primarily by the impact of prior cost reduction initiatives, higher sales volumes in the quarter, and improved operating leverage in the quarter. Excluding the impact of software divestitures, Adjusted EBITDA improved $13.1 million.

Financial Liquidity

At September 30, 2026, the Company had total cash and investments of $120.5 million, which included cash, cash equivalents and restricted cash of $91.8 million, short-term investments of $27.1 million, and long-term investments of $1.6 million. A total of $3.9 million in principal amount of debt is scheduled to mature in the fourth quarter of 2026, with the remaining $92.0 million principal maturing in 2030.

Fourth Quarter 2026 Outlook

The fourth-quarter outlook reflects continued positive momentum across the Company’s four strategic markets, while incorporating normal variability in customer program and investment cycles and more evenly distributed purchasing patterns we observed throughout the year. At the midpoint of our fourth-quarter outlook, the Company expects full year revenue growth approaching mid-single digits for 2026.

3D Systems does not provide forward-looking guidance for certain measures on a GAAP basis. The Company is unable to provide a quantitative reconciliation of forward-looking Adjusted EBITDA to the most directly comparable forward-looking GAAP measures without unreasonable effort because certain items, including litigation expenses, acquisition expenses, stock-based compensation expense, intangible amortization expense, restructuring expenses, and goodwill impairment, are difficult to predict and estimate. These items are inherently uncertain and depend on various factors, many of which are beyond the Company’s control, and as such, any associated estimate and its impact on GAAP performance could vary materially.

Third Quarter 2026 Conference Call and Webcast

The Company will host a conference call and simultaneous webcast to discuss these results on November 5, 2026, which may be accessed as follows:

Date: Thursday, November 5, 2026
Time: 8:30 a.m. Eastern Time
Listen via webcast: www.3dsystems.com/investor
Participate via telephone: 201-689-8345 or 877-407-8291

A replay of the webcast will be available approximately two hours after the live presentation at www.3dsystems.com/investor.

Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including statements regarding fourth quarter 2026 revenue and adjusted EBITDA guidance, the timing of product launches, regulatory approvals, market opportunities, expected revenue impact, and shareholder value. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the Company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the Company. The factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the Company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.

About 3D Systems

For 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; data center infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the Company is available at www.3dsystems.com.

Investor Contact: investor.relations@3dsystems.com

Media Contact: press@3dsystems.com

3D SYSTEMS CORPORATION
Reconciliations of GAAP to Non-GAAP Measures

Presentation of Information in this Press Release

3D Systems reports its financial results in accordance with GAAP. Management also reviews and reports certain non-GAAP measures, including: adjusted revenue, non-GAAP gross profit, non-GAAP gross profit margin, non-GAAP diluted income (loss) per share, non-GAAP operating expense and Adjusted EBITDA. These non-GAAP measures exclude certain items that management does not view as part of 3D Systems’ core results as they may be highly variable, may be unusual or infrequent, are difficult to predict and can distort underlying business trends and results. Management believes that the non-GAAP measures provide useful additional insight into underlying business trends and results and provide meaningful information regarding the comparison of period-over-period results. Additionally, management uses the non-GAAP measures for planning, forecasting and evaluating business and financial performance, including allocating resources and evaluating results relative to employee compensation targets. 3D Systems’ non-GAAP measures are not calculated in accordance with or as required by GAAP and may not be calculated in the same manner as similarly titled measures used by other companies. These non-GAAP measures should thus be considered as supplemental in nature and not considered in isolation or as a substitute for the related financial information prepared in accordance with GAAP.

To calculate the non-GAAP measures, 3D Systems excludes the impact of the following items:

• amortization of intangible assets, a non-cash expense, as 3D Systems’ intangible assets were primarily acquired in connection with business combinations;
• costs incurred in connection with acquisitions and divestitures, such as legal, consulting and advisory fees;
• stock-based compensation expenses, a non-cash expense;
• charges related to restructuring and cost optimization plans, impairment charges, including goodwill, and divestiture gains or losses;
• the impact of software divestitures, which were previously included in our Industrial Solutions segment, for pre-divestiture periods in 2025;
• costs associated with CEO transition activities, including severance and executive recruitment costs; and
• costs related to significant or unusual litigation matters, including legal fees, claim-related judgments and settlements.
  
  

Amortization of intangibles and acquisition and divestiture-related costs are excluded from non-GAAP measures as the timing and magnitude of business combination transactions are not predictable, can vary significantly from period to period and the purchase price allocated to amortizable intangible assets and the related amortization period are unique to each acquisition. Amortization of intangible assets will recur in future periods until such intangible assets have been fully amortized. While intangible assets contribute to the Company’s revenue generation, the amortization of intangible assets does not directly relate to the sale of the Company’s products or services. Additionally, intangible assets amortization expense typically fluctuates based on the size and timing of the Company’s acquisition activity. Accordingly, the Company believes excluding the amortization of intangible assets enhances the Company’s and investors’ ability to compare the Company’s past financial performance with its current performance and to analyze underlying business performance and trends. Although stock-based compensation is a key incentive offered to certain of our employees, the expense is non-cash in nature, and we continue to evaluate our business performance excluding stock-based compensation; therefore, it is excluded from non-GAAP measures. Stock-based compensation expenses will recur in future periods. Charges related to restructuring and cost optimization plans, impairment charges, including goodwill, divestiture gains or losses, and the costs, including legal fees, related to significant or unusual litigation matters are excluded from non-GAAP measures as the frequency and magnitude of these activities may vary widely from period to period. Additionally, impairment charges, including goodwill, are non-cash. Furthermore, the Company believes the costs, including legal fees, related to significant or unusual litigation matters are not indicative of our core business' operations.

The matters discussed above are tax effected, as applicable, in calculating non-GAAP diluted income (loss) per share.

Adjusted EBITDA, defined as net (loss) income, plus income tax (provision) benefit, interest and other income (expense), net, stock-based compensation expense, amortization of intangible assets, depreciation expense, and other non-GAAP adjustments, all as described above, is used by management to evaluate performance and helps measure financial performance period-over-period.

Furthermore, in this press release, 3D Systems reports certain non-GAAP financial measures further adjusted to remove the operating activity related to (i) Geomagic, which the Company divested on April 1, 2025, for $119.4 million in cash, and (ii) 3DXpert and Oqton, which the Company divested on October 31, 2025, for $3.3 million in cash plus a revenue-based royalty of up to $12.9 million (together with Geomagic, the "Software Divestitures"), for periods non-comparable on a year over year basis. The Company believes excluding non-comparable periods allows it to include the operating activity related to Software Divestitures only to the extent that results are comparable year over year.

A reconciliation of GAAP to non-GAAP financial measures is provided in the accompanying schedules.

Certain columns may not add due to the use of rounded numbers. Percentages presented are calculated from the underlying numbers in thousands.

3D Systems does not provide forward-looking guidance for certain measures on a GAAP basis. The Company is unable to provide a quantitative reconciliation of forward-looking Adjusted EBITDA to the most directly comparable forward-looking GAAP measure without unreasonable effort because certain items, including litigation costs, acquisition expenses, stock-based compensation expense, intangible assets amortization expense, restructuring expenses, and goodwill impairment charges, are difficult to predict and estimate. These items are inherently uncertain and depend on various factors, many of which are beyond the Company’s control, and as such, any associated estimate and its impact on GAAP performance could vary materially.

Non-GAAP Revenue (Unaudited)

Non-GAAP Industrial Revenue (Unaudited)

Non-GAAP Gross Profit and Gross Profit Margin (Unaudited)

⁽¹⁾ Calculated as non-GAAP gross profit as a percentage of total revenue.

⁽¹⁾ Calculated as non-GAAP gross profit as a percentage of total revenue.

Non-GAAP Operating Expense (Unaudited)

Net (Loss) Income Attributable to 3D Systems Corporation to Adjusted EBITDA (Unaudited)

Diluted Loss per Share (Unaudited)