NASDAQ$NNDM
Nano Dimension Ltd-ADR · Q3 2025 earnings
Q3 2025 earnings · · After market close · Investor relations
Briefing
Nano Dimension reported a significant revenue increase in Q3 2025, driven largely by the acquisition of Markforged, but also recorded a substantial net loss due to integration costs, impairment losses, and restructuring expenses.
Revenue nearly doubled in Q3 2025, fueled by the Markforged acquisition, but operating losses deepened due to one-time charges and ongoing restructuring. Cash reserves remain strong.
- Revenue reached $26.9 million, an 81% increase YoY, mainly due to the Markforged acquisition.
- Net loss from continuing operations widened to $29.5 million due to restructuring and impairment charges.
- Adjusted EBITDA loss totaled $16.6 million for the quarter.
- Cash, deposits, and investable securities stood at $515.5 million as of September 30, 2025.
Headline financials
Revenue & EPS history
Nano Dimension · Revenue · Quarterly
$26.9M
Forward guidance
Nano Dimension anticipates Q4 2025 revenue between $31.5 million and $33.5 million with improved margins and reduced operating losses.
Tailwinds
- Q4 revenue guidance of $31.5M–$33.5M
- Expected non-GAAP gross margin of 47%–48.5%
- Operating expenses projected to drop to $28M–$29M
- Anticipated improvement in adjusted EBITDA loss to $12M–$14M
- Run-rate savings from cost reductions expected by early 2026
Headwinds
- No timeline set for strategic alternative review completion
- Legacy payroll and synergies still under optimization
- Impairment losses remain a drag on GAAP results
- Continued impact from European tariffs on sales
- Litigation expenses continue to affect results
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
-1.4%
Avg return
Earnings day
+7.1%
Avg return
5 days after
+8.6%
Avg return
30 days after
38%
15 / 40 earnings
Positive
+20.6%
Q4 2020
Best reaction
-12.9%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.6% | -15.3% | -18.4% | |
| Q4 2025 | +2.4% | +1.2% | +13.5% | |
| Q3 2025 | -8.4% | +6.4% | +15.3% | |
| Q1 2025 | -7.2% | -10.9% | +1.3% | |
| Q3 2024 | +3.3% | +9.1% | +19.1% | |
| Q1 2024 | -4.8% | -2.8% | -11.9% | |
| Q2 2024 | +1.4% | +3.2% | +0.9% | |
| Q4 2023 | -3.5% | -2.8% | -15.5% | |
| Q3 2023 | -6.1% | -5.7% | +0.0% | |
| Q2 2023 | -1.0% | -0.3% | -4.2% | |
| Q1 2023 | +19.9% | -0.7% | -10.9% | |
| Q4 2022 | +11.2% | +9.4% | -4.8% | |
| Q3 2022 | -5.3% | +9.9% | -1.1% | |
| Q2 2022 | -11.8% | -16.2% | -19.5% | |
| Q1 2022 | +2.8% | -0.9% | -24.7% | |
| Q4 2021 | -9.4% | -11.8% | -25.7% | |
| Q3 2021 | +7.8% | +3.9% | -11.0% | |
| Q2 2021 | +1.1% | +10.2% | +13.5% | |
| Q1 2021 | -0.2% | +5.3% | +24.1% | |
| Q4 2020 | +20.6% | +9.7% | -16.6% | |
| Q3 2020 | -7.1% | +12.9% | +55.1% | |
| Q2 2020 | -3.9% | -10.7% | -25.9% | |
| Q1 2020 | -4.6% | +305.2% | +175.3% | |
| Q4 2019 | -1.9% | +19.0% | +257.5% | |
| Q3 2019 | -10.9% | -5.8% | -10.2% | |
| Q2 2019 | -12.9% | -7.4% | -4.3% | |
| Q1 2019 | -2.8% | -15.2% | -29.2% | |
| Q4 2018 | -11.9% | -10.7% | -13.0% | |
| Q3 2018 | -7.3% | -10.8% | -38.7% | |
| Q2 2018 | +1.9% | -3.8% | +1.9% | |
| Q1 2018 | +0.8% | +3.8% | +75.2% | |
| Q4 2017 | -6.0% | -8.0% | -21.4% | |
| Q3 2017 | +4.1% | +7.2% | -10.0% | |
| Q2 2017 | -1.9% | +0.6% | -9.4% | |
| Q1 2017 | +1.8% | -3.6% | -8.1% | |
| Q4 2016 | -2.7% | -3.9% | +11.8% | |
| Q3 2016 | -2.2% | +3.7% | -2.3% | |
| Q2 2016 | +3.9% | -1.9% | +0.8% | |
| Q1 2016 | +2.4% | — | — | |
| Q4 2015 | -3.4% | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q3 2013 | — | — | — |
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