NASDAQ$SSYS
Stratasys Ltd · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Stratasys Q3 revenue $137M flat as GAAP loss widens on Ultimaker impairment
Stratasys reported Q3 2025 revenue of $137.0 million, down 2.2% year over year, with products revenue essentially flat at $94.1 million and services revenue declining 6.5% to $42.9 million. GAAP net loss widened to $55.6 million, or $0.65 per diluted share, including a $35.1 million share of losses from associated companies tied to a non-cash Ultimaker impairment, compared with a $26.6 million loss a year ago. Non-GAAP net income was $1.5 million, or $0.02 per share, and Adjusted EBITDA was $5.0 million. Gross margin compressed to 41.0% from 44.8% on unfavorable product mix and U.S. tariff charges. The company generated $6.9 million in operating cash flow and held $255 million in cash and short-term deposits with no debt.
- Revenue $137.0M (-2.2% YoY); products flat at $94.1M and services $42.9M (-6.5%).
- GAAP net loss $55.6M ($0.65/share) vs $26.6M loss prior year; non-GAAP net income $1.5M ($0.02).
- Gross margin 41.0% vs 44.8%; operating loss $22.7M; Adjusted EBITDA $5.0M.
- Share of losses from associated companies $35.1M driven by Ultimaker impairment charge.
- Reiterated FY25 revenue outlook $550M–$560M and non-GAAP operating margin 1.5%–2.0%.
Headline financials
Revenue & EPS history
Stratasys · Revenue · Quarterly
$137M
Revenue by segment
Stratasys · $137M total across 2 segments · Q3 2025
- Products (systems and consumables)$94.1M—68.7%
- Services$42.9M—31.3%
Forward guidance
Stratasys reiterated full-year 2025 revenue guidance of $550 million to $560 million and non-GAAP gross margins of 46.7% to 47.0%, with non-GAAP operating margins of 1.5% to 2.0%.
Tailwinds
- FY25 revenue range $550M–$560M maintained
- Non-GAAP operating margin target 1.5%–2.0%
Headwinds
- GAAP net loss outlook $(110)M to $(99)M for full year
- Macro uncertainty and tariffs continue to pressure product margins
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
-0.2%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-1.4%
Avg return
30 days after
45%
28 / 62 earnings
Positive
+32.3%
Q4 2015
Best reaction
-17.0%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -7.1% | -15.4% | -18.7% | |
| Q3 2025 | -2.2% | -10.9% | -1.7% | |
| Q2 2025 | -12.2% | -18.0% | -13.7% | |
| Q1 2025 | +14.5% | +13.3% | +7.5% | |
| Q4 2024 | -2.5% | -10.4% | -15.0% | |
| Q2 2024 | -10.5% | -9.2% | +6.0% | |
| Q1 2024 | -1.3% | -5.1% | -8.2% | |
| Q4 2023 | +7.2% | +7.8% | -6.8% | |
| Q3 2023 | +0.6% | +0.5% | +17.3% | |
| Q2 2023 | -9.8% | -10.2% | -19.0% | |
| Q1 2023 | +11.0% | +6.8% | +20.6% | |
| Q4 2022 | +8.1% | +7.7% | +25.3% | |
| Q3 2022 | +6.9% | +9.2% | -3.7% | |
| Q2 2022 | -8.7% | -7.4% | -20.0% | |
| Q1 2022 | +8.2% | +4.7% | +2.5% | |
| Q4 2021 | -1.5% | +1.7% | -0.2% | |
| Q3 2021 | +8.0% | +12.7% | -24.5% | |
| Q2 2021 | +8.2% | +18.4% | +16.6% | |
| Q1 2021 | -6.3% | -10.7% | +9.8% | |
| Q4 2020 | -6.4% | -31.3% | -24.9% | |
| Q3 2020 | -6.6% | -6.9% | +22.7% | |
| Q2 2020 | -1.5% | -2.9% | -11.3% | |
| Q1 2020 | -1.0% | +4.3% | +2.1% | |
| Q4 2019 | -17.0% | -12.0% | -14.5% | |
| Q3 2019 | -7.4% | -8.5% | -1.5% | |
| Q2 2019 | -9.4% | -14.2% | -16.1% | |
| Q1 2019 | +11.9% | +8.4% | -4.5% | |
| Q4 2018 | -12.8% | -10.7% | -5.4% | |
| Q3 2018 | +26.5% | +24.7% | +12.2% | |
| Q2 2018 | +14.6% | +15.8% | +28.5% | |
| Q1 2018 | -12.6% | -6.2% | -5.3% | |
| Q4 2017 | -14.2% | -0.0% | -7.5% | |
| Q3 2017 | +1.2% | +4.3% | +7.8% | |
| Q2 2017 | -0.6% | +2.2% | +1.4% | |
| Q1 2017 | -7.1% | -6.5% | -11.8% | |
| Q4 2016 | -6.7% | -3.5% | +2.0% | |
| Q3 2016 | -12.3% | -9.1% | -7.2% | |
| Q2 2016 | -1.2% | +1.7% | +7.5% | |
| Q1 2016 | +3.0% | — | — | |
| Q4 2015 | +32.3% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | -15.8% | — | — | |
| Q1 2015 | -1.3% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | -12.3% | — | — | |
| Q1 2014 | -5.2% | — | — | |
| Q4 2013 | -3.2% | — | — | |
| Q3 2013 | +4.1% | — | — | |
| Q2 2013 | +10.3% | — | — | |
| Q1 2013 | +8.3% | — | — | |
| Q1 2012 | +8.3% | — | — | |
| Q4 2011 | +4.4% | — | — | |
| Q4 2010 | +4.4% | — | — | |
| Q4 2012 | +6.1% | — | — | |
| Q3 2012 | -8.0% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q3 2011 | -11.7% | — | — | |
| Q2 2011 | +5.6% | — | — | |
| Q1 2011 | +7.7% | — | — | |
| Q3 2010 | +4.0% | — | — | |
| Q2 2010 | +1.4% | — | — | |
| Q1 2010 | -3.6% | — | — |
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