3D Systems Q2 adjusted EBITDA loss narrows, beats estimates
3D Systems Q2 adjusted EBITDA loss narrows, beats estimates
Overview
3D printing firm's Q2 revenue was flat yr/yr, slightly beating analyst expectations
Adjusted EBITDA loss for Q2 narrowed and beat analyst estimates
Gross margin declined due to product mix and select pricing impacts
Outlook
3D Systems sees Q3 2026 revenue between $96 mln and $99 mln
Company expects Q3 2026 adjusted EBITDA between ($3) mln and ($1) mln
Company says global economic environment remains uncertain but expects to benefit as capital investment strengthens
Result Drivers
HEALTHCARE SEGMENT GROWTH - Revenue rose 6.8% yr/yr, supported by over 20% growth in Med Tech and 3% growth in Dental
PRINTER SALES ACCELERATION - Double-digit growth in metal and polymer hardware printer systems drove core revenue growth
PRODUCT MIX AND PRICING IMPACT - Gross margin declined due to higher printer sales and select pricing impacts, partially offset by tariff refunds
Company press release: ID:nGNXbNBML7
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Slight Beat* | $94.6 mln | $93.76 mln (4 Analysts) |
Q2 Net Loss |
| $12.9 mln |
|
Q2 Adjusted EBITDA | Beat | -$800,000 | -$2.56 mln (3 Analysts) |
Q2 Gross Margin |
| 36.4% |
|
Q2 Adjusted Gross Margin |
| 36.7% |
|
Q2 Operating Income |
| -$10.6 mln |
|
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy."
Wall Street's median 12-month price target for 3D Systems Corp is $4.00, about 51.5% above its July 31 closing price of $2.64
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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